Post
Topic
Board Bitcoin Discussion
Re: If no one spends bitcoin what might happen?
by
coindancer
on 04/09/2016, 17:20:59 UTC
I agree with you. In an event of no one spending, any Bitcoin the price would stay stable for a long time. Mining would die off as there are no transactions to verify and the blockchain would freeze. Basically, everything would freeze until everyone begins to spend BTC again.

 Smiley
thats true, or the price would even go up because people would buy and pump the price up significantly, that would be great

you can still mine bitcoin even without a transaction. also if you buy a bitcoin there is a transaction involved most of the time.