Post
Topic
Board Bitcoin Discussion
Re: If no one spends bitcoin what might happen?
by
websoftwareengineer
on 18/02/2018, 09:33:51 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


Always remember that the value of cryptocurrency in the market is always based on the demand and supply so if people will just hold their coins then bitcoins will increase its value even more due to the lack of supply and massive demand.