Storing of Bitcoins is against Bitcoin. - page 14.

clickerz

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I think I do not agree with it, as we do not have a universal bitcoin hoarding Law

Kidding aside, yes it will affects the bitcoin as a currency and if all is hoarding it, demand will be affected. When this happens,with the scarcity of bitcoin, it will raise its prices and becpme expensive or another coin will rise as an option to bitcoin.

robocop3

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what are you trying to say here? I am not agree with you. i think every one has the right to use or hold bitcoin. i think there is no restriction about to use your bitcoin or to hold it. so i dont think that it is against the law to use bitcoin or hold it for the future.

Yuuto

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I don't think that storing of bitcoin is against bitcoin. Is storing of united states dollars against the united states? I don't think so. It just slows down the monetary velocity I guess, and that would mean that inflation is slower.

Zadicar

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Quote from: HoshiPost on October 26, 2016, 10:11:47 AM

Quote from: pawel7777 on February 21, 2016, 09:10:51 AM

Quote from: Vika NSFW on February 21, 2016, 08:32:23 AM

Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.

You could always do both. Put some round amount in cold wallet and actively use the rest. Biggest problem is not many people have any sort Bitcoin earnings, that's currently the biggest obstacle in BTC adoption and it's use as currency.

Sotring bitcoins is not against the bitcoin rules everyone has the oppertunity to do with his bitcoins whatever he wants to do you know and that is nice because i dont like to use bitcoins everywhere so i can hold some of them you know.

I agree with you, its not really against on bitcoin because as you mentioned too no one could able to force us on what we should do on our bitcoins. Its our decision if we hold or actively spend them because we have different perspective and expectations into bitcoin. If we actively spending our bitcoin it could really help the bitcoin ecosystem to grow.

Reid

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Quote from: Meycell on November 08, 2016, 11:09:43 PM

Quote from: Vika NSFW on February 21, 2016, 08:32:23 AM

Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.

bad thing bad choice , spend its a difficult choice

It is a hard choice but a must. Give others a chance to have some. Help in its circulation. Make merchants think that there is a good money spending here and they can profit from it. We are a community here and we already know what is bitcoin purpose so why not let it happen.

Meycell

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Quote from: Vika NSFW on February 21, 2016, 08:32:23 AM

Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.

bad thing bad choice , spend its a difficult choice

HoshiPost

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Quote from: pawel7777 on February 21, 2016, 09:10:51 AM

Quote from: Vika NSFW on February 21, 2016, 08:32:23 AM

Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.

You could always do both. Put some round amount in cold wallet and actively use the rest. Biggest problem is not many people have any sort Bitcoin earnings, that's currently the biggest obstacle in BTC adoption and it's use as currency.

Sotring bitcoins is not against the bitcoin rules everyone has the oppertunity to do with his bitcoins whatever he wants to do you know and that is nice because i dont like to use bitcoins everywhere so i can hold some of them you know.

PieCrafted

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I think storing is not against the bitcoin alrotugh its not pretty good for the economy a lot of people are doing this because if the fact that the bitcoin is gonna rise in its price.
This price increase is because of the halving and people are waiting on it because of that.

Labumi

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Quote from: Senor.Bla on October 26, 2016, 09:25:22 AM

Quote from: BitcoinRonnie on October 26, 2016, 08:57:19 AM

Why would holding bitcoin be against bitcoin? It is like an investment to many people from what I can see and I would hold it, I would be saving myself some money and making some in the long run. In the last year the price has all but doubled and those who have held it are probably happy about it. Just my opinion though.

if you can only hold bitcoin, then it is only interesting to investors. if you can pay everywhere with bitcoin, then it is interesting to everyone.
in the second scenario demand is bigger and bitcoin is more worth. ho do we get bitcoin to the point where you can pay everywhere with it? by holding or by using it?

Something that is very true. But I think both these things is simply a thought that certainly has advantages and disadvantages, for now I prefer to save the bitcoin than have to think about it. The most important right now for me is doing a promotion of may so that the growth of the bitcoin can be greater than it is now and I was able to get a very big result from storing bitcoin

Senor.Bla

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Quote from: BitcoinRonnie on October 26, 2016, 08:57:19 AM

Why would holding bitcoin be against bitcoin? It is like an investment to many people from what I can see and I would hold it, I would be saving myself some money and making some in the long run. In the last year the price has all but doubled and those who have held it are probably happy about it. Just my opinion though.

if you can only hold bitcoin, then it is only interesting to investors. if you can pay everywhere with bitcoin, then it is interesting to everyone.
in the second scenario demand is bigger and bitcoin is more worth. ho do we get bitcoin to the point where you can pay everywhere with it? by holding or by using it?

Harlot

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Quote from: Senor.Bla on October 26, 2016, 08:46:25 AM

Quote from: JasonXG on October 25, 2016, 05:36:03 PM

They your bitcoin and ypu can do what you want with them storing them is probably just an ok idea. Investing is better. Eventually you will spend stored bitcoin anyway. There will always be plenty people trading and buying and selling things so bitcoin will always be on the move and never in one place for too long.

this is one way to see it. but if everybody thinks so we know what will happen. if we all would give $1 we could make sure nobody starves for a year. sounds good and all agree. but then one clever guy decides to no give it since it will not matter. i think you know the rest of the story.

There is no problem for me spending bitcoin. But why specifically do you need to spend bitcoin, if I have fiat money which is accepted in my country? Also I consider my Bitcoins as a personal saving in which is in my wallet for safe-keeping, one big problem is there are still no stores in my country who accepts Bitcoin as a mode of payment which really helps me in saving my bitcoin.

BitcoinRonnie

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Why would holding bitcoin be against bitcoin? It is like an investment to many people from what I can see and I would hold it, I would be saving myself some money and making some in the long run. In the last year the price has all but doubled and those who have held it are probably happy about it. Just my opinion though.

Senor.Bla

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Quote from: JasonXG on October 25, 2016, 05:36:03 PM

They your bitcoin and ypu can do what you want with them storing them is probably just an ok idea. Investing is better. Eventually you will spend stored bitcoin anyway. There will always be plenty people trading and buying and selling things so bitcoin will always be on the move and never in one place for too long.

this is one way to see it. but if everybody thinks so we know what will happen. if we all would give $1 we could make sure nobody starves for a year. sounds good and all agree. but then one clever guy decides to no give it since it will not matter. i think you know the rest of the story.

JasonXG

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They your bitcoin and ypu can do what you want with them storing them is probably just an ok idea. Investing is better. Eventually you will spend stored bitcoin anyway. There will always be plenty people trading and buying and selling things so bitcoin will always be on the move and never in one place for too long.

error08

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Quote from: Vika NSFW on February 21, 2016, 10:04:51 AM

Quote from: twister on February 21, 2016, 09:52:53 AM

its hard to trust new services but you can't tell people to do what they should/shouldn't with their money

In the city, where i live, and this city is a big Italian city,
with over 500000 abitants, and multiple neiborghood,
with other tousands of resident people,
is the only 1 shop, that accept BTC (a computer shop)

We can't tell anyone to do with their money, just give some suggestions.
He has a point to spend bitcoin as fiat money always flow in daily life.
But every one has their thought of it, if I don't have something to buy for, no need to spend my bitcoin instead using fiat money.
We will spend our btc if there is something of desire.

amacar2

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- holding require you to buy bitcoin with fiat
- when you have bitcoin and stop spending or selling it again for fiat than supply will be limited
- if supply get limited and demand keep on increasing price can easily get pumped

So i don't think holding bitcoin is against bitcoin growth actually it is good for atleast price pumps.

Blitzboy

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Quote from: Vika NSFW on February 21, 2016, 08:32:23 AM

Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.

I do want to spend my bitcoin truthfully. However, the government promulgates the law of bitcoin limitation. My country is a deloping one, whose economy is so weak to accept bitcoin because they scare that Fiat money will lose in the battle and people won't use FIAT anymore. Sooner or later, this will lead to the collapse of the government. For this reason, the government must do something to interrupt bitcoin development

richardsNY

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Quote from: jonahmarieaton101 on October 22, 2016, 09:00:26 AM

But storing bitcoin is really a bad idea, why? Because we dont know when the time would it fall down, maybe sooner or later.

If you don't understand the importance of people holding their coins, then you don't know how markets work. It's important because people holding their coins make sure it keeps a certain amount of coins off the market. And this is needed to create some sort of scarcity. If people pump all their coins into the market, then look at what will happen with the price. I can tell you that literally nothing will be left from the current price.

Jasmint

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Quote from: jonahmarieaton101 on October 22, 2016, 09:00:26 AM

Storing of bitcoins is against bitcoin? Honestly i dont understand what is your trying to say.

But storing bitcoin is really a bad idea, why? Because we dont know when the time would it fall down, maybe sooner or later.

Would you mind to share your thoughts?

What he said is that we should use the bitcoin as a currency. That will make the bitcoin useful and give its value.

jonahmarieaton101

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Storing of bitcoins is against bitcoin? Honestly i dont understand what is your trying to say.

But storing bitcoin is really a bad idea, why? Because we dont know when the time would it fall down, maybe sooner or later.

Would you mind to share your thoughts?

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