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Topic: HODL, HOARD your cypto GOLD! All Hail the Hoarders! - page 4. (Read 4926 times)

full member
Activity: 238
Merit: 100
another motivational post of a desperate bagholder. these evil companies trying to do something useful with bitcoin are getting rich while his bag's value decreases on a weekly basis. that's just not fair. the bag was supposed to sit there and quadrimillionuple in value every 5 seconds. Cry
legendary
Activity: 2912
Merit: 1386
I have faith in the future. Bitcoin is still in its infancy. Big things await.


Spendulus says .... spend AND HODL.
legendary
Activity: 1316
Merit: 1000
Varanida : Fair & Transparent Digital Ecosystem
At least miners should use bitcoins to pay their daily cost
legendary
Activity: 1048
Merit: 1000
https://r.honeygain.me/XEDDM2B07C
I have faith in the future. Bitcoin is still in its infancy. Big things await.
legendary
Activity: 1316
Merit: 1481
Hoarding and holding too much is against the concept of bitcoin as a "currency". It may increase it's value, yes, but without some bitcoins rotating around the economy, who would want to use it in the first place? A small number of coins rotating might increase the price, but it also slows down the adoption rate, which is another factor towards bitcoin's success.

But that's the thing, BTC is not just a currency. Therefore, thinking of it as something more valuable than a normal currency is pretty reasonable.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Hoarding and holding too much is against the concept of bitcoin as a "currency". It may increase it's value, yes, but without some bitcoins rotating around the economy, who would want to use it in the first place? A small number of coins rotating might increase the price, but it also slows down the adoption rate, which is another factor towards bitcoin's success.
hero member
Activity: 980
Merit: 508
This is the mentality that will stunt this concept, unfortunately. Good on all of those people who spend a couple now and then. You've got your work cut out for you trying to get an economy going.
hero member
Activity: 714
Merit: 500
So if you want bitcoin to succeed! just hold your bitcoins! dont spend them around! you may feel sad and bad if the 200$  you spent could be worth 1000$ tomorrow and that you threw them away cheaply!

No, no, NO! As a strong bullish long-term Bitcoin believer, I completely disagree  Angry

Even if you consider your bitcoins as long term investment, rather than spending money - what do you think will help raising the value of your precious bitcoins more:

  • 1. Hodling your bitcoins and spending USD, thus only stimulating the USD economy

    or

  • 2. Spending your bitcoins, thus stimulating the BTC economy, and immediately buying back new bitcoins (on exchange or circle or whatever), thus increasing demand for Bitcoin on the market.

Notice that the end result is the same: you essentially purchased some stuff, lost some USD, and kept your BTC. But with option nr. 2, you're actively helping to raise the Bitcoin price level on two ends: Bitcoin economy AND market demand. I really don't understand why even the most fanatic Bitcoin owners don't seem to get this Undecided

Especially if you're a Bitcoin fan, believer, enthusiast, investor, or hodler, SPEND THEM! (And immediately refill your stash of bitcoins by buying new ones with fiat)

By just sitting on your coins, instead of using them, Bitcoin won't grow! Spend them, and buy back at the same time.


I got to be rich to do that..buy an xbox with usd for 300$ or else buy with btc for 600$(to buy equal btc again)
I guess you are really bad at math. So, I give you an example.
Let's assume you bought 10 BTC for USD 1000 each last year.

Now, you want to buy an Xbox.
Scenario 1:
You buy it with fiat.
You spend 300 USD.
(-10.000)+(-300)=-10.300 [USD]
10 = 10 BTC

Scenario 2:
You buy with BTC and replenish. Assume 1 BTC=300 USD
(-10.000)+(-300)=-10.300 [USD]
10-1+1=10 BTC

Have you lost any money in Scenario 2? No
But you have stimulated BTC-economy.
Have you put selling pressure on the BTC-market? No. The merchant has sold 1 BTC, but you have bought 1 BTC, which nullifies:
(-1)+1=0
hero member
Activity: 980
Merit: 508
Why will it be worth $10k in a few years? Especially if nobody is actually using it for anything?
newbie
Activity: 40
Merit: 0
If everyone is hoarding then whats the point of the damn thing. Its just a speculative instrument and nothing else.

why spend Bitcoin now when it will be worth $10,000 per coin in a few years?
legendary
Activity: 2226
Merit: 1052
This is an old article I read long time ago. A lot has happened since the article was originally written...
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
only hoarding would be a bad idea. if you want to help btc, you should spent it.

and you can save and spent BTC at the same time.  Roll Eyes
hero member
Activity: 532
Merit: 500
Bitcoin is a convenient way to transfer money, if every one hoard their coins , the value of bitcoin is gone.
hero member
Activity: 980
Merit: 508

"spend only when it gained a lot of value"

On what? There won't be any kind of bitcoin economy. Investors and entrepreneurs would have to be mad to do anything productive with bitcoin with people like you running the show.
hero member
Activity: 756
Merit: 502
If everyone is hoarding then whats the point of the damn thing. Its just a speculative instrument and nothing else.

spend only when it gained a lot of value
hero member
Activity: 756
Merit: 502
So if you want bitcoin to succeed! just hold your bitcoins! dont spend them around! you may feel sad and bad if the 200$  you spent could be worth 1000$ tomorrow and that you threw them away cheaply!

No, no, NO! As a strong bullish long-term Bitcoin believer, I completely disagree  Angry

Even if you consider your bitcoins as long term investment, rather than spending money - what do you think will help raising the value of your precious bitcoins more:

  • 1. Hodling your bitcoins and spending USD, thus only stimulating the USD economy

    or

  • 2. Spending your bitcoins, thus stimulating the BTC economy, and immediately buying back new bitcoins (on exchange or circle or whatever), thus increasing demand for Bitcoin on the market.

Notice that the end result is the same: you essentially purchased some stuff, lost some USD, and kept your BTC. But with option nr. 2, you're actively helping to raise the Bitcoin price level on two ends: Bitcoin economy AND market demand. I really don't understand why even the most fanatic Bitcoin owners don't seem to get this Undecided

Especially if you're a Bitcoin fan, believer, enthusiast, investor, or hodler, SPEND THEM! (And immediately refill your stash of bitcoins by buying new ones with fiat)

By just sitting on your coins, instead of using them, Bitcoin won't grow! Spend them, and buy back at the same time.


I got to be rich to do that..buy an xbox with usd for 300$ or else buy with btc for 600$(to buy equal btc again)
hero member
Activity: 714
Merit: 500
OP just went full retarded, never go full retarded.
So if you want bitcoin to succeed! just hold your bitcoins! dont spend them around! you may feel sad and bad if the 200$  you spent could be worth 1000$ tomorrow and that you threw them away cheaply!

No, no, NO! As a strong bullish long-term Bitcoin believer, I completely disagree  Angry

Even if you consider your bitcoins as long term investment, rather than spending money - what do you think will help raising the value of your precious bitcoins more:

  • 1. Hodling your bitcoins and spending USD, thus only stimulating the USD economy

    or

  • 2. Spending your bitcoins, thus stimulating the BTC economy, and immediately buying back new bitcoins (on exchange or circle or whatever), thus increasing demand for Bitcoin on the market.

Notice that the end result is the same: you essentially purchased some stuff, lost some USD, and kept your BTC. But with option nr. 2, you're actively helping to raise the Bitcoin price level on two ends: Bitcoin economy AND market demand. I really don't understand why even the most fanatic Bitcoin owners don't seem to get this Undecided

Especially if you're a Bitcoin fan, believer, enthusiast, investor, or hodler, SPEND THEM! (And immediately refill your stash of bitcoins by buying new ones with fiat)

By just sitting on your coins, instead of using them, Bitcoin won't grow! Spend them, and buy back at the same time.

I second that.
hero member
Activity: 980
Merit: 508
If everyone is hoarding then whats the point of the damn thing. Its just a speculative instrument and nothing else.
sr. member
Activity: 288
Merit: 251
So if you want bitcoin to succeed! just hold your bitcoins! dont spend them around! you may feel sad and bad if the 200$  you spent could be worth 1000$ tomorrow and that you threw them away cheaply!

No, no, NO! As a strong bullish long-term Bitcoin believer, I completely disagree  Angry

Even if you consider your bitcoins as long term investment, rather than spending money - what do you think will help raising the value of your precious bitcoins more:

  • 1. Hodling your bitcoins and spending USD, thus only stimulating the USD economy

    or

  • 2. Spending your bitcoins, thus stimulating the BTC economy, and immediately buying back new bitcoins (on exchange or circle or whatever), thus increasing demand for Bitcoin on the market.

Notice that the end result is the same: you essentially purchased some stuff, lost some USD, and kept your BTC. But with option nr. 2, you're actively helping to raise the Bitcoin price level on two ends: Bitcoin economy AND market demand. I really don't understand why even the most fanatic Bitcoin owners don't seem to get this Undecided

Especially if you're a Bitcoin fan, believer, enthusiast, investor, or hodler, SPEND THEM! (And immediately refill your stash of bitcoins by buying new ones with fiat)

By just sitting on your coins, instead of using them, Bitcoin won't grow! Spend them, and buy back at the same time.
sr. member
Activity: 378
Merit: 250
Let the dumb newbs play the game... smart money is in the future... Hodl
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