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Author Topic: If no one spends bitcoin what might happen?  (Read 11387 times)

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Re: If no one spends bitcoin what might happen?
« Reply #45 on: December 11, 2020, 01:46:58 PM »

That's important because American spenders make up the majority -- about 70% -- of economic activity in the country. If people don't spend, the economy doesn't grow.

Cryptocurrency cannot be influenced by a country, even though it is America.  Because this cryptocurrency cannot be controlled by anyone, and if no one spends Bitcoin it means that many people hold their coins.  And of course this situation will make the price of Bitcoin rise, because demand will continue to increase while the supply in the market is small.
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Re: If no one spends bitcoin what might happen?
« Reply #45 on: December 11, 2020, 01:46:58 PM »

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Re: If no one spends bitcoin what might happen?
« Reply #46 on: December 11, 2020, 04:24:46 PM »
And in fact, no one will do it. If they don't spend at least a few points in the market, what will happen may be:
- The trading volume may be zero and this may be a dead coin and I don't believe that BTC will be a dead coin.
-  The people will hold them until death. But this will not work because some days there may be several strict rules regarding the own of BTC

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Re: If no one spends bitcoin what might happen?
« Reply #47 on: December 11, 2020, 04:35:27 PM »
For me, In my opinion, I think we will be stuck in one price or maybe worse we will all go down.

Here is what happened when US citizens are saving too much.

Quote
That's important because American spenders make up the majority -- about 70% -- of economic activity in the country. If people don't spend, the economy doesn't grow.

Check it out here!

If it happened, I think bitcoin price will drop. And maybe bitcoin will die.

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Re: If no one spends bitcoin what might happen?
« Reply #48 on: December 12, 2020, 05:33:02 AM »
And in fact, no one will do it. If they don't spend at least a few points in the market, what will happen may be:
- The trading volume may be zero and this may be a dead coin and I don't believe that BTC will be a dead coin.
-  The people will hold them until death. But this will not work because some days there may be several strict rules regarding the own of BTC

I don't believe It will happen. Because we all know many investors have hold and trade their bitcoin. So, I don't think Bitcoin will die because no one spends bitcoin. It is really impossible. Bitcoin will be more popular and will survive for along years again.
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Re: If no one spends bitcoin what might happen?
« Reply #49 on: December 12, 2020, 06:09:39 AM »
We know that Bitcoin is very popular all over the world and many people use this Bitcoin.  If people do not use this bitcoin then its value will gradually decrease and at some point bitcoin will be destroyed.  Because this bitcoin is executed on human trafficking.
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Re: If no one spends bitcoin what might happen?
« Reply #50 on: December 12, 2020, 06:17:18 AM »
We know that Bitcoin is very popular all over the world and many people use this Bitcoin.  If people do not use this bitcoin then its value will gradually decrease and at some point bitcoin will be destroyed.  Because this bitcoin is executed on human trafficking.
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Re: If no one spends bitcoin what might happen?
« Reply #51 on: December 12, 2020, 07:23:00 AM »
I disagree with you.  I don’t think it will ever get stuck or ever fall down.  We all know that the cryptocurrency market is always up and down.  It is not possible to run the market without updating the cryptocurrency market.  The price of the cryptocurrency market depends on the investors.  Bitcoin will never fall down and get stuck.  Because now Bitcoin is the king of cryptocurrency.  Bitcoin's popularity is all over the world.
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Re: If no one spends bitcoin what might happen?
« Reply #51 on: December 12, 2020, 07:23:00 AM »


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Re: If no one spends bitcoin what might happen?
« Reply #52 on: December 12, 2020, 07:24:48 AM »
It's against the nature of the market. Someone has to buy and sell to build the market. So this is only possible as a theory.
thank you bro for this good suggestion. Your reply is also well. I have to learn so much. I hope you always help for every new person in this forum.
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Offline ashraf786100

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Re: If no one spends bitcoin what might happen?
« Reply #53 on: December 12, 2020, 07:37:59 AM »
The price goes up and down very fast, maybe it's just a slight correction, since I, for example, expect the price to continue to rise because a lot of investing companies will get rid of one and the capital The most reliable value of the investment and gold, And you can transfer it to bitcoin.
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Offline Tolyk

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Re: If no one spends bitcoin what might happen?
« Reply #54 on: January 21, 2023, 02:22:18 PM »
The price on the market is growing, bitcoin has started to acquire a positive graph, we will wait for further growth.

Offline chongjasmine

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Re: If no one spends bitcoin what might happen?
« Reply #55 on: February 24, 2023, 06:36:23 AM »
I hope more people will spend bitcoins. If no one spends it, the demand for bitcoins will fall and this will lead to a price drop.

 

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