Post
Topic
Board Bitcoin Discussion
Re: If no one spends bitcoin what might happen?
by
Bitcoinislifer09
on 18/01/2018, 16:45:37 UTC
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

It would be a problem for bitcoiners. If bitcoin will not be spend then the price will stuck and it won't be high again. Then users might be in terrible because they will certainly not earn from here and with that they will no longer be interested in it and they will just simply dump the bitcoin.