If no one spends bitcoin what might happen?
If no one spends bitcoin what might happen?
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If no one spent bitcoin, its price would go up because of the incoming investments so bitcoin holders would experience a rise in their funds until they decide that they have enough funds and start to sell. Then its price could go down or up again.
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It doesn't affect the value of the Bitcoin if no one uses it.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Its not impossible. If people hold their Bitcoin then the probably next situation is that the demand would go up. After that we might see Bitcoin's price to increase, the tendency is people will start selling because they are satisfied with the price. That is how it works it is even being used today by people who wants to push up the price of Bitcoin. No one will hold Bitcoin forever there is the right price for every person.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.