Lets hoard. - page 2. | Bitcointalksearch.org

madken7777

full member

Activity: 182

Merit: 100

Quote from: jbrnt on May 21, 2014, 11:33:54 AM

Those who bought at around $450-$500 are not going to sell at $600 or $700, more like $1200 to $1400. I believe they are holders who sold at $580-$500 replenishing stock. I see good volume too. May not hop back to the $800s soon, but I think consolidation at $600 is very realistic.

Bought some at 800, I will cash out if it hit 800 again.

onlyu

full member

Activity: 165

Merit: 100

Quote from: bryant.coleman on May 21, 2014, 12:41:29 PM

If hoarding increases beyond a certain point, then people will stop using Bitcoin and will shift to some other form of currency. It can be another alt-coin, or it can even be bullion or some form of fiat.

Yes.

We need a coin that serve as a utility.

bryant.coleman

legendary

Activity: 3752

Merit: 1217

If hoarding increases beyond a certain point, then people will stop using Bitcoin and will shift to some other form of currency. It can be another alt-coin, or it can even be bullion or some form of fiat.

jbrnt

hero member

Activity: 672

Merit: 500

Those who bought at around $450-$500 are not going to sell at $600 or $700, more like $1200 to $1400. I believe they are holders who sold at $580-$500 replenishing stock. I see good volume too. May not hop back to the $800s soon, but I think consolidation at $600 is very realistic.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: scryptasicminer on May 21, 2014, 08:12:13 AM

Sign that bitcoin is not healthy if it is mainly use for speculating.

And you got this impression from what?
Juts because people only talk about price in the speculation subforum?

Bitcoin is still at it's beginning , just have some patience and it will show you how healthy it is.

Ibian

legendary

Activity: 2268

Merit: 1278

Quote from: scryptasicminer on May 21, 2014, 08:12:13 AM

Sign that bitcoin is not healthy if it is mainly use for speculating.

This is stupid. It gets repeated often enough that a lot of people believe it, but no less stupid for that.

Supply. Demand. Those are the two words that matter. The price can only go up with increased adoption, there is no possible way that people will not speculate on that. If it's such a problem just go away until we are well north of 100k.

scryptasicminer

full member

Activity: 213

Merit: 100

Sign that bitcoin is not healthy if it is mainly use for speculating.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Let's spend , buy , spend.
I think this is a better plan that hoarding , if you want to help the coin.

If you're just for profits , HODL till it reaches 10k.

zimmah

legendary

Activity: 1106

Merit: 1005

The best thing you can do to help bitcoin grow is to pay with bitcoin every time you buy something you would have otherwise bought with fiat.

And then immediately buy back your bitcoins with the fiat you have saved by paying with bitcoin.

So for example if you was planning to buy groceries today, try to find a local supermarket that accepts bitcoin (or gyft) and pay for your groceries with bitcoin instead of with dollars. Then buy back bitcoins for the same amount as you spent.

This is the best way to increase bitcoin adoption while still holding.

Dot Dot

newbie

Activity: 20

Merit: 0

Quote from: TimeWatch on May 21, 2014, 06:29:21 AM

It's abvious that people wont sell thier bitcoins when It was so stable for several weeks and finally It started rising and It raised $50 in 2 days so everyone Is going to keep them at least till the price hits $550-$600.

Well people were selling a lot when the price was stable. and no, our goal should not be 550-600, lets hoard till the price reaches 1500dollars.

TimeWatch

member

Activity: 83

Merit: 10

It's abvious that people wont sell thier bitcoins when It was so stable for several weeks and finally It started rising and It raised $50 in 2 days so everyone Is going to keep them at least till the price hits $550-$600.

turvarya

hero member

Activity: 714

Merit: 500

If you want the Price to go up, you Need to buy to increase demand.
That's just Economics 101

Divinespark

hero member

Activity: 938

Merit: 501

It's a delicate balance, you need rtestricted supply ie. some hoarding

Volumes important though to drive mass adoption and spike demand sustainably

peeveepee

full member

Activity: 211

Merit: 100

For medium of exchange, the value is derived from usage and market penetration.

Dot Dot

newbie

Activity: 20

Merit: 0

Quote from: Wbwallet on May 21, 2014, 03:35:56 AM

this make no sense. I say trade more! It increase sales volume on exchange and its beter for day trading.

Check on the history, when btc production got halved in 2013, the price of btc rose as hell, its difficult to increase the trading volume as it will need engaging more and more newcomers in tje trading of bitcoin but to increase the prices the regular users can hoard btc for some time so that thr availavility decreases and the price rises.

Wbwallet

newbie

Activity: 28

Merit: 0

this make no sense. I say trade more! It increase sales volume on exchange and its beter for day trading.

Dot Dot

newbie

Activity: 20

Merit: 0

This is my apeal to the people to hoard their btc for atleat a month. Today morning btc touched 500$ and if you decrease it supplt more then it will rise more. So its my request not to dump your bitcoins in the exchanges for low prices, just keep your prices high.

Topic: Lets hoard. - page 2. (Read 2458 times)