Topic: Can't a little panic be good for distribution? It goes against hording (Read 487 times)
December 19, 2013, 05:25:02 PM
Yes a little panic may be good for "distribution" or rather the cryptocurrencies market.
December 19, 2013, 10:28:19 AM
Your right, it also make sence to spend the coins when the price goes up and hope you can rebuy cheaper later
December 19, 2013, 10:24:50 AM
I'm still pretty new here but the thought occurred to me this morning that the high volatility of BTC and a little panic here and there could help with distribution of the coins.
It seams to me that horders would dump at least a part of their portfolio if they saw an impending calamity on the horizon, allowing those who have been waiting to get into the market. If the price only went up there would be no incentive to sell or use the coins.
When the price goes down people may spend the coins on goods and services to capture value or sell them to a smaller player, via an exchange.
Just my 2cents.
It seams to me that horders would dump at least a part of their portfolio if they saw an impending calamity on the horizon, allowing those who have been waiting to get into the market. If the price only went up there would be no incentive to sell or use the coins.
When the price goes down people may spend the coins on goods and services to capture value or sell them to a smaller player, via an exchange.
Just my 2cents.
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