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Author Topic: If no one spends bitcoin what might happen?  (Read 11385 times)

Offline vegasus

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Re: If no one spends bitcoin what might happen?
« Reply #15 on: November 04, 2020, 10:30:03 PM »
I think Bitcoin will have a great day and we will see the price of Bitcoin increasing day after day. But I am not sure if really no one spends their Bitcoin in the market. There should be some people who want to buy or sell Bitcoin. They must know the potential in buying Bitcoin and some may want fiats or want to cash out.

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Re: If no one spends bitcoin what might happen?
« Reply #15 on: November 04, 2020, 10:30:03 PM »

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Offline syedrasool2011

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Re: If no one spends bitcoin what might happen?
« Reply #16 on: November 05, 2020, 12:12:19 PM »
Now days is to much bullish wait for it biggest pump is coming hold your coins.
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Offline Black ID

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Re: If no one spends bitcoin what might happen?
« Reply #17 on: November 05, 2020, 12:45:58 PM »
it is true, the less people shop for bitcoin, the lower the price. this is because there must be buying and selling transactions so that prices will also go up and down. If there is no purchase, you can say it will die.
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Offline Quantum X

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Re: If no one spends bitcoin what might happen?
« Reply #18 on: November 05, 2020, 07:26:27 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!
Dead! There's no more accurate answer than this. Just sayin'.

Offline Sentinel

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Re: If no one spends bitcoin what might happen?
« Reply #19 on: November 06, 2020, 08:54:07 AM »
If many people store bitcoins, what happens is the price in the market will remain fixed. Then it will no longer be colored because there is no rising and falling. And this is a condition that shouldn't happen. And it is very rare in bitcoin. Because every day there are always bitcoin buying and selling transactions.
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Offline syedrasool2011

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Re: If no one spends bitcoin what might happen?
« Reply #20 on: November 06, 2020, 03:51:15 PM »
Time is money dont wait just go buy Bitcoin and ETH no more dump huys trust me.
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?..NOW GET YOUR..
..SCAM BACK!....
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Offline flyaccount

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Re: If no one spends bitcoin what might happen?
« Reply #21 on: November 07, 2020, 04:01:04 AM »
If that happens then I think this is the beginning of destruction for bitcoin. and this is a mistake. And it is very rare because this bitcoin is always in demand and has always been the king of coins.
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Altcoins Talks - Cryptocurrency Forum

Re: If no one spends bitcoin what might happen?
« Reply #21 on: November 07, 2020, 04:01:04 AM »


Offline babu10

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Re: If no one spends bitcoin what might happen?
« Reply #22 on: November 07, 2020, 04:33:01 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.

Yes, i also think so. Buy sell can not stop to market. There would be many reasons for buy ans sell btc to market for their daily necessary. So how you will stuck? Think it would not be and market will continue its natural way.

thanks.

Offline syedrasool2011

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Re: If no one spends bitcoin what might happen?
« Reply #23 on: November 08, 2020, 07:42:05 AM »
Its right time spend some money in Bitcoin because btc price will touch 20k soon.
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Offline damsix

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Re: If no one spends bitcoin what might happen?
« Reply #24 on: November 09, 2020, 04:30:32 AM »
Same thing, we keep a lot of gold in a safe and we don't know the code of the safe.
If Bitcoin is stored and not spent, the result will not get any changes because the Bitcoin is only sitting in one locked wallet.

If this incident really happened then it would be unfortunate when the price of Bitcoin was already expensive but the Bitcoin was locked in one safe.

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Re: If no one spends bitcoin what might happen?
« Reply #25 on: November 25, 2020, 04:17:03 AM »
If, for example, some group of whales buys up almost all bitcoins on the market and keeps them in their wallets, then over time people will simply forget about them and use something else.  Therefore, whales will never do this.  In order for there to be a demand for a cryptocurrency, it must be in demand and be in motion.

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Re: If no one spends bitcoin what might happen?
« Reply #26 on: November 25, 2020, 04:27:25 AM »
If no one spends bitcoin then I think the use of bitcoin will stop.  This will reduce the quality of Bitcoin.  If it seems to me it is not possible in reality.  Then the price of Bitcoin will continue to decrease.

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Re: If no one spends bitcoin what might happen?
« Reply #27 on: November 27, 2020, 08:11:43 AM »
Not selling bitcoins will not be good for people and some people will forget about bitcoin.  Cryptocurrencies were created to do calculations. There may be other digital coins that have not been used.  In this bitcoin we see the value of antiquity

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Re: If no one spends bitcoin what might happen?
« Reply #28 on: November 27, 2020, 09:38:03 AM »
Bitcoin market depends on investors, traders, holders, sometimes it depends on good news updates or bad news updates. A few days ago PayPal accepted updates, jo Biden election wins created a good impact on Bitcoin market. If no investors, traders holders available in market then bitcoin will turn to be scams project/ shit project.
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Re: If no one spends bitcoin what might happen?
« Reply #29 on: November 27, 2020, 09:54:34 AM »
IF many people prefer to keep their Bitcoin, it is good signs for BTC price. The price should be quite expensive because people rarely see Bitcoin in the market. Once people get difficulties to get Bitcoin, then the price may increase significantly. High demands and low supply leads to a big increase in price. That's what I learn so far from crypto market. I think we have proven it for years!

Yes I agree, if many people don't spend their bitcoin or collect bitcoin, I think bitcoin price will high. We all know Bitcoin is high demand and limited supply. The people will difficult to get bitcoin, I think It is good thing for bitcoin.

 

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