Quote from: Ybalevia on October 12, 2016, 01:35:19 PM

Quote from: jakelyson on July 14, 2016, 10:04:22 AM

Quote from: danherbias07 on July 14, 2016, 09:11:51 AM

Share your ideas here. Grin

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.

If no one is spending bitcoins i know for sure that allot of people will be proud about it becuae when everybody is spending coins i know for sure that allot of people are getting nice profit.

I didnt understand anything and I didnt get your point also. I hope you could clear this out.
To jakelyson: That is right. The interest of some merchants comes from how much the money is moving. They will look to other merchants first who are dealing with bitcoin transactions as payment. Will compare it or will see some statistics if they are profiting or just wasting time.