The invention provides a novel linear speed change device for a bicycle. The novel linear speed change device comprises a driving shaft, a sun gear, a planet gear, a friction ring, a friction piece, a prepressing spring, a friction piece separator, a friction piece supporting frame, a fixing pin of the friction piece supporting frame and a gear ring, wherein the sun gear is installed on the driving shaft; the planet gear is arranged between the gear ring and the sun gear and meshed with internal teeth of the sun gear and internal teeth of the gear ring, and the planet gear is installed on the friction ring through a planet axle; the friction piece is installed in the friction ring and composed of an upper friction piece body and a lower friction piece body, the prepressing spring is arranged in the middle of the friction piece, and a square notch and a round notch are formed in the two ends respectively; the fixing pin, in a round shaft shape, of the friction piece supporting frame is installed at one end of the friction piece supporting frame, the friction piece separator in a square block shape is installed at the other end, the round-shaft-shaped end of the fixing pin of the friction piece supporting frame is installed in the round notch of the friction piece, and the other end of the fixing pin of the friction piece supporting frame is installed on a bicycle frame, and the square-block end of the friction piece separator stretches into the square notch of the friction piece. The novel linear speed change device can perform linear speed change and real-time speed change, and speed change is stable.