Share your ideas here. 
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.
Check it out here
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
The price will go down because people will lose interest in bitcoin if it happens. That is why though it is good to hold bitcoin, it is still hurting its economy if no bitcoin is used for purchase. It is good if there is more merchandisers that will adopt bitcoin so that more will be encourage to use and spend bitcoins.
BTC is only worth what people think its worth though, its not physical like gold but its anonymous unlike fiat, if people stop spending then the value is bound to fall. However since there are so many people interested in BTC, when it falls people are likely to buy in thinking that this may be their last shot to which will bring the price up and most likely relight the spending/buying cycle.