More people have to hold BitCoin | Bitcointalksearch.org

c3rv3au

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Quote from: NeuroticFish on October 14, 2015, 03:53:17 AM

I don't like the fact that an advertising for a product/service is in bitcoin discussion instead of services and has the title like it would be a discussion.

And I don't agree with the title "More people have to hold BitCoin". First of all we need more whales to put their money into bitcoin - either as stocks, either to support bitcoin related projects.

Sorry for that, my mistake ;-) Hope your will pardon me ;-)

RKing

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Quote from: randy8777 on October 14, 2015, 04:36:55 AM

Quote from: ashour on October 13, 2015, 06:10:11 PM

People will always spend their bitcoin, you can't force not to spend it. People will have the ultimate control over their bitcoin.

forcing people to not spend is just beyond insane. bitcoin is made to be spent on thing. that's freedom. we decide what to do with our coins. Grin

Hold and spend bitcoin. When you spend bitcoin, it will make it useful as a currency so more people will use it.

randy8777

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Quote from: ashour on October 13, 2015, 06:10:11 PM

People will always spend their bitcoin, you can't force not to spend it. People will have the ultimate control over their bitcoin.

forcing people to not spend is just beyond insane. bitcoin is made to be spent on thing. that's freedom. we decide what to do with our coins. Grin

NeuroticFish

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I don't like the fact that an advertising for a product/service is in bitcoin discussion instead of services and has the title like it would be a discussion.

And I don't agree with the title "More people have to hold BitCoin". First of all we need more whales to put their money into bitcoin - either as stocks, either to support bitcoin related projects.

Mickeyb

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Move On !!!!!!

Quote from: Q7 on October 14, 2015, 03:10:49 AM

Rather than holders, I think more important is we need spenders and along with it comes the services where we can actually utilize the coins. We need that kind of services that creates a demand and encourage people to use their stash instead of hoarding. Something developed and built around a healthy economy. Instead of flow of cash, we need the flow of coins moving around.

Honestly we need a bit of everything. Holders are still more welcome than people that haven't heard of Bitcoin. I mean holders are at least involved. We shouldn't judge holders like this.

We have given a product to the world, let them decide how will they use it. Some will hold, some will spend. Both situations are OK for me!

Q7

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Rather than holders, I think more important is we need spenders and along with it comes the services where we can actually utilize the coins. We need that kind of services that creates a demand and encourage people to use their stash instead of hoarding. Something developed and built around a healthy economy. Instead of flow of cash, we need the flow of coins moving around.

dothebeats

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Nice idea, this would at least give adoption some boost. One question: what would the website be about if in case it goes live? That would probably be a huge factor in gaining traffic. Also, there are already many holders, what we need are people who are willing to spend to boos the economy.

c3rv3au

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I agree with all that. The subject of this thread is wrong. I meant more people should have bitcoin instead of holding.

aso118

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Quote from: 7788bitcoin on October 13, 2015, 06:50:22 PM

I think we will need a balance between holding and spending. If everyone just hold their bitcoin, it will kill the potential of bitcoin.

People have to be incentivized to spend.
The savings (credit card fees, etc) should be passed back to consumers. Then spending of bitcoins will increase.

VirosaGITS

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Quote from: 7788bitcoin on October 13, 2015, 06:50:22 PM

I think we will need a balance between holding and spending. If everyone just hold their bitcoin, it will kill the potential of bitcoin.

There are already tons of people holding. Just look at the liquidity of BTC, the volume and how many BTC are listed at exchanges. The majority of BTC are lost or being held, so this whole topic is a Fallacy.

What we need is to continue making BTC accepted in more and more places.

7788bitcoin

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I think we will need a balance between holding and spending. If everyone just hold their bitcoin, it will kill the potential of bitcoin.

ashour

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People will always spend their bitcoin, you can't force not to spend it. People will have the ultimate control over their bitcoin.

RKing

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Quote from: Hugroll on October 13, 2015, 04:25:11 PM

Quote from: sana9821 on October 13, 2015, 03:11:57 PM

uhmm i saw a poll where it says that over 70 per cent of all bitcoin users are holding bitcoins do we need more holders?

https://bitcointalksearch.org/topic/are-you-holding-your-bitcoin-for-a-price-increase-1159221

i agree with this, we need people to be using bitcoins to do daily and common transactions, holding bitcoin and letting it sit there doesnt really help

The more daily transactions involving buy/selling goods is good for bitcoin.

Hugroll

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Quote from: sana9821 on October 13, 2015, 03:11:57 PM

uhmm i saw a poll where it says that over 70 per cent of all bitcoin users are holding bitcoins do we need more holders?

https://bitcointalksearch.org/topic/are-you-holding-your-bitcoin-for-a-price-increase-1159221

i agree with this, we need people to be using bitcoins to do daily and common transactions, holding bitcoin and letting it sit there doesnt really help

VirosaGITS

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Quote from: c3rv3au on October 13, 2015, 02:12:47 PM

Yes this is a business project. Got suggestions for crowdfunding in bitcoins?

Since you're in Canada, do you realize that there's many services and online stores to buy stuff with BTC? And if your plan is to spend BTC at your convenience store, you can do that with a BTC debit card.

Spreading BTC ATM around is a good idea in a way but you'd need a lot of capital. Basically we'd need a company to start fitting BTC ATM around and they would take a cut, obviously.

But the problem is that its inefficient and expensive. We can just turn BTC into FIAT under 24 hours if we want and we can spend it directly for almost anything, meanwhile there are very little % that use/know/trust BTC which is why there aren't many BTC ATM here.

Mickeyb

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Quote from: LFC_Bitcoin on October 13, 2015, 03:11:00 PM

Been doing my bit for the community (HODLING) for nearly 2 years.

Almost two years as well! In a month and a half! I also can't believe how fast have they passed. Quite a lot of drama in these two years as well!

sana9821

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uhmm i saw a poll where it says that over 70 per cent of all bitcoin users are holding bitcoins do we need more holders?

https://bitcointalksearch.org/topic/are-you-holding-your-bitcoin-for-a-price-increase-1159221

LFC_Bitcoin

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Been doing my bit for the community (HODLING) for nearly 2 years.

c3rv3au

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Quote from: aakashsangwan on October 13, 2015, 02:47:04 PM

like what all told , your project is very good, but asking donation is like you opened a new shop but you are asking others to help you in your business setup. you should invest in your project and take profit and develop it more. why are you asking donation from others, dont you have faith in your project. that it will get success.

Thank you for your comment.. I agree !!

aakashsangwan

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like what all told , your project is very good, but asking donation is like you opened a new shop but you are asking others to help you in your business setup. you should invest in your project and take profit and develop it more. why are you asking donation from others, dont you have faith in your project. that it will get success.

Topic: More people have to hold BitCoin (Read 1363 times)