Post
Topic
Board Bitcoin Discussion
Re: If no one spends bitcoin what might happen?
by
Verde_Mantis
on 03/04/2018, 15:19:45 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

That's example is different, if people don't spend money it's a problem for whole economy because other people can't make money, BTC is not yet an important part of the economy, is more similar to gold, so if nobody sells and someone wants to buy the price should go up, I think.