problems with bitcoin holder - page 2.

beerlover

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Quote from: shintosai on November 22, 2016, 09:53:49 PM

Quote from: arransiv on November 22, 2016, 09:47:39 PM

There's no much to do...

That's why early adopters start to mine years and years ago and the halvings work to be fair...

If you believe that bitcoin price will increase a lot, you will hold too, there's no much to do, maybe you can find a way to earn more bitcoin to store it.

Btw 1% of people will become rich and the others will just use it normally, none will lose here.

Thats right no one will lose we just needed to continue the chain and it will bring good opportunity to our investment keeping it on hold or deal with trading or investing it to a good profitable ways to make grow more while waiting for the price to increase would be the best thing to do.

Still there are lot of bitcoin circulation in the market as you can purchase any amount of bitcoin currently and hope that in future bitcoin will be use as currency and will circulate in the market all the time.

Sled

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Bitcoin- in bullish time

Quote from: Kprawn on November 23, 2016, 11:14:21 AM

Quote from: Shenzou on November 23, 2016, 04:40:39 AM

If people keep holding their bitcoin and wait for the price to go up even more the only thing that they are going get is regret because everything that goes up goes down so if the price of bitcoin is rising significantly nowadays means that the demand for it is high but if it goes even higher to reach 1000$ that will cause the demand to go down really fast and so is the price

Not necessarily my friend, there is a lot of room for growth and most people will start selling way before it reach it's peak. Bitcoin can go to

crazy heights, if mainstream adoption takes place. If a whole country starts using Bitcoin as their reserve currency, then Bitcoin demand will

climb and climb... and then the next country does the same and the cycle continues. Grin

That's not how the market works. Bitcoin price is always depend on the market and market price always depend on the demand of the people. We can't deny that most of the bitcoin holders bought their coin for a much lower price than now and they are just holding and waiting for their target price to reach and then after that they will sell their coin and if most of the bitcoin holders will sell their stocks of bitcoin then it will create a panic selling and then other holders will join the hype because they also want to secure their profits and then it will make a huge dump on the market but the good thing is that huge dump means a new opportunity.

kryptqnick

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Join the world-leading crypto sportsbook NOW!

Quote from: requester on October 25, 2016, 10:45:44 PM

75.9% ( 15,947,975 bitcoin) of the bitcoin is already mined so to circulate bitcoin all over the world there is only few bitcoin because many bitcoin user are holding bitcoin and waiting for price hike. So what would happen if the continue holding and we are left with only few bitcoin to circulate. So can it act as global currency or we need some modification.

I think that Bitcoin users mostly use BTC and not hold it and wait for the price to rise. They buy some stuff on the internet and feel happy. I don't think many people can really believe in a currency not recognized by most of countries, being quite new and unstable. I think btc are circulating, so there is no problem with that.

Kprawn

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Quote from: Shenzou on November 23, 2016, 04:40:39 AM

If people keep holding their bitcoin and wait for the price to go up even more the only thing that they are going get is regret because everything that goes up goes down so if the price of bitcoin is rising significantly nowadays means that the demand for it is high but if it goes even higher to reach 1000$ that will cause the demand to go down really fast and so is the price

Not necessarily my friend, there is a lot of room for growth and most people will start selling way before it reach it's peak. Bitcoin can go to

crazy heights, if mainstream adoption takes place. If a whole country starts using Bitcoin as their reserve currency, then Bitcoin demand will

climb and climb... and then the next country does the same and the cycle continues. Grin

severaldetails

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Quote from: requester on October 25, 2016, 10:45:44 PM

75.9% ( 15,947,975 bitcoin) of the bitcoin is already mined so to circulate bitcoin all over the world there is only few bitcoin because many bitcoin user are holding bitcoin and waiting for price hike. So what would happen if the continue holding and we are left with only few bitcoin to circulate. So can it act as global currency or we need some modification.

I do not see the problem that too few bitcoins could exist for the next years.
Bitcoin can be devided up in satoshis. And if for some reason the popularity of bitcoin should go up significatly, it would only mean that the price will climbe into unexpected level.
The number of circulationg bitcoins we have at the moment and the nu,ber of bitcoins that can still be mined will be enough for a long time.
At least in my opinion.

Selly Arumsari

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Quote from: requester on October 25, 2016, 10:45:44 PM

75.9% ( 15,947,975 bitcoin) of the bitcoin is already mined so to circulate bitcoin all over the world there is only few bitcoin because many bitcoin user are holding bitcoin and waiting for price hike. So what would happen if the continue holding and we are left with only few bitcoin to circulate. So can it act as global currency or we need some modification.

yes many user bitcoin save their coin and wait price hike , but no all coin their saving ..
i think bitcoin more outstanding than saving

sportis

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Veni, Vidi, Vici

Quote from: requester on October 25, 2016, 10:45:44 PM

75.9% ( 15,947,975 bitcoin) of the bitcoin is already mined so to circulate bitcoin all over the world there is only few bitcoin because many bitcoin user are holding bitcoin and waiting for price hike. So what would happen if the continue holding and we are left with only few bitcoin to circulate. So can it act as global currency or we need some modification.

There is no need to modify anything except the reduction of time between network confirmations. People must learn to use it instead of fiat money. If we want to use it, people need, at first, to trust it. So an informative conversation starting from our family and friends would be a good start. In this way they will use it not only for hoarding but for buying goods and services too.

Shenzou

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If people keep holding their bitcoin and wait for the price to go up even more the only thing that they are going get is regret because everything that goes up goes down so if the price of bitcoin is rising significantly nowadays means that the demand for it is high but if it goes even higher to reach 1000$ that will cause the demand to go down really fast and so is the price

Positid

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BULL RUN until 2030

Quote from: knyolku123 on November 23, 2016, 02:44:33 AM

Quote from: ufaiz50 on November 23, 2016, 01:09:56 AM

Quote from: requester on October 25, 2016, 10:45:44 PM

75.9% ( 15,947,975 bitcoin) of the bitcoin is already mined so to circulate bitcoin all over the world there is only few bitcoin because many bitcoin user are holding bitcoin and waiting for price hike. So what would happen if the continue holding and we are left with only few bitcoin to circulate. So can it act as global currency or we need some modification.

Bitcoin prices are determined by demand and supply. When the demand for bitcoin increases, prices rise, and when request decreases, prices down, which means that request must follow the amount of inflation to keep prices stable, if keep holding can result increases price bitcoin

In my opinion is different, if many people are holding bitcoin can make deflation and the price of bitcoin is go down. many people are holding bitcoin but I suggest to spending few bitcoin to make circulation of bitcoin is stable and the price still high.

I respect your opinion, but pointing an example that what if many people will bitcoin it will reduce it's value is not always accurate. Though a lot of people are holding bitcoins but the demand is low, still we will not be able to see a great price of bitcoin.

knyolku123

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Quote from: ufaiz50 on November 23, 2016, 01:09:56 AM

Quote from: requester on October 25, 2016, 10:45:44 PM

75.9% ( 15,947,975 bitcoin) of the bitcoin is already mined so to circulate bitcoin all over the world there is only few bitcoin because many bitcoin user are holding bitcoin and waiting for price hike. So what would happen if the continue holding and we are left with only few bitcoin to circulate. So can it act as global currency or we need some modification.

Bitcoin prices are determined by demand and supply. When the demand for bitcoin increases, prices rise, and when request decreases, prices down, which means that request must follow the amount of inflation to keep prices stable, if keep holding can result increases price bitcoin

In my opinion is different, if many people are holding bitcoin can make deflation and the price of bitcoin is go down. many people are holding bitcoin but I suggest to spending few bitcoin to make circulation of bitcoin is stable and the price still high.

ufaiz50

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Quote from: requester on October 25, 2016, 10:45:44 PM

75.9% ( 15,947,975 bitcoin) of the bitcoin is already mined so to circulate bitcoin all over the world there is only few bitcoin because many bitcoin user are holding bitcoin and waiting for price hike. So what would happen if the continue holding and we are left with only few bitcoin to circulate. So can it act as global currency or we need some modification.

Bitcoin prices are determined by demand and supply. When the demand for bitcoin increases, prices rise, and when request decreases, prices down, which means that request must follow the amount of inflation to keep prices stable, if keep holding can result increases price bitcoin

goldcoinminer

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Quote from: Xenophoto on November 23, 2016, 12:28:37 AM

Quote from: madwica on November 22, 2016, 08:03:05 AM

I think the main problem of the bitcoin holder or what we called investor is if.the value of bitcoin would not increasing instead the value would going down we can not earn money which is our main goal here in bitcoin

Not a problem at all. Maybe for panic sellers and newbies, that's a problem. Those people that seek for a quick way to earn money isn't for bitcoin holding. Most holders don't care if the price of bitcoin goes down a little. They're ready to hold bitcoin for a long time so only major dumps would bother them. They know that the small slip ups with the increase of bitcoin price is normal and will be overcome as time passes by.

Actually we can benefit from the panic sellers because they will be selling their bitcoins at a very cheap price, so believers like us will always take this an opportunity to buy and we will grab it directly. Panic sellers does not see a good future of bitcoin , they want some fast money.

Xenophoto

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Quote from: madwica on November 22, 2016, 08:03:05 AM

I think the main problem of the bitcoin holder or what we called investor is if.the value of bitcoin would not increasing instead the value would going down we can not earn money which is our main goal here in bitcoin

Not a problem at all. Maybe for panic sellers and newbies, that's a problem. Those people that seek for a quick way to earn money isn't for bitcoin holding. Most holders don't care if the price of bitcoin goes down a little. They're ready to hold bitcoin for a long time so only major dumps would bother them. They know that the small slip ups with the increase of bitcoin price is normal and will be overcome as time passes by.

mace15

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There is no problem with holding bitcoin, as many users are
conitnuosly buying and selling bitcoin. No problem for holding it
as their way is to gain more profit. Thus, since users are still
buying and selling bitcoin demands has been increasing also.

carlisle1

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Campaign Management?"Hhampuz" is the Man

Quote from: clickerz on October 26, 2016, 05:52:38 AM

Quote from: Invulner on October 26, 2016, 01:08:26 AM

It's the same problem with every other currency - USD, GBP or whatnot. There will always be speculators. There will always be traders. There will always be people who actually use bitcoin as a currency.

Just let it be...

Speculations affects the price of bitcoin too so with supply and demand. If all are holding,there is a possibility of bitcoin to rise because the demand is high or there is a possiblity of another coin to rise because the bitcoin users will have to used the alternative coin. That is only a possible scenario.

Right. if there are more people will buy and hold bitcoin and some old investors will buy more bitcoin the bitcoin price will surely rise as the demand is increasing the supply of bitcoin will be decreasing and that's why the bitcoin's price is also increasing . I am not sure if many users will use alt coin and alt coin will not surely rise it's still as I noticed some alt coins prices in bitcoin are getting lower .

MingLee

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As long as there are people spending Bitcoin and the market continues to get its supply of Bitcoin, things are going to go relatively smoothly. If everyone starts getting greedy and hoards everything they earn, then we'll experience issues that come down to numbers and timing. If the variables cannot be satisfied (namely supply at a low enough value), people will opt to take on different investments, crushing the economy eventually. Bitcoin must move, but not in a fully liquid means.

Hazir

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Number of Bitcoins is not a problem at all here. It would be a problem only when bitcoin's unit was designed to be indivisible and we would really have ONLY 21 million of BTC.
Due to divisible nature of bitcoin single token, maximum amount of spendable units is more than 2 quadrillion. It is safe to assume that it is number high enough for everyone.

shintosai

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Quote from: arransiv on November 22, 2016, 09:47:39 PM

There's no much to do...

That's why early adopters start to mine years and years ago and the halvings work to be fair...

If you believe that bitcoin price will increase a lot, you will hold too, there's no much to do, maybe you can find a way to earn more bitcoin to store it.

Btw 1% of people will become rich and the others will just use it normally, none will lose here.

Thats right no one will lose we just needed to continue the chain and it will bring good opportunity to our investment keeping it on hold or deal with trading or investing it to a good profitable ways to make grow more while waiting for the price to increase would be the best thing to do.

arransiv

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There's no much to do...

That's why early adopters start to mine years and years ago and the halvings work to be fair...

If you believe that bitcoin price will increase a lot, you will hold too, there's no much to do, maybe you can find a way to earn more bitcoin to store it.

Btw 1% of people will become rich and the others will just use it normally, none will lose here.

ipanks

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Quote from: mrkevio on November 21, 2016, 05:25:53 PM

If we spend our money the total mined Bitcoins number won't go down. No matter how much and if we do or do not spend, Bitcoin's total mined number will just keep rising. This is why there is a halving of the block reward every four years: so that it'll take a LOT of years (maybe it'll become even impossible?) for us to reach the 21MBTC mined. We have approached it but it's not going to happen too soon - it'll take some time to mine a few more millions because now the block reward has been halved to 12.5BTC.

and don't forget that the difficulty of bitcoin is always increase from time to time so the amount of bitcoin rewards that have been mining should be reduce more and more and without a big hashrate, we can not get big bitcoin in a days.

and for the holder, if they still want to hold their bitcoin, its mean the supply in the market will be reduce and its make a big demand on the market and its should make the price going to jump, but i think the price is being control by someone else behind all of this. and remember, i think satoshi itself is predict about this and i am sure that he is make calculation, so i think we don't have to worried about anything. and if something bad is really happen, then its our choice, want to stay with bitcoin or leave bitcoin to save our self.

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