Topic: Storing of Bitcoins is against Bitcoin. - page 7. (Read 41825 times)
How come that storing bitcoin is against bitcoin? It doesn't make any sense at all. We earn, mine, buy, or invest bitcoin and store or spend it, it depends on where we are going to use it. I just can't understand why storing bitcoin is against bitcoin. It seems that you are only investing this kind of story for your number of post to increase. Rephrase this so you can get more better comments or opinions to others.
price of bitcoin is depend on the amount of transaction as more number of transaction the more the price is to uplift so its always to use our bitcoin when ever we wanted more and more rather holding it only to gain profit only in future !
Once you have Bitcoins you can do with them whatever you want, save them or spend them. Different people have different theories what is best for Bitcoin but these are in fact only theories. There is no actual proof that Bitcoin should be spent othewise that would affect bad on whole system. I think that is necessary to find some kind of balance between spending and saving.
In that case what do you expect people to do with it? sell it all? throw it away? People can do whatever they want with their coins because its their property and you are no one to suggest anything.
People have their own reason to spend/save their coins. Bitcoin is the people's currency and they can use it in every way possible.
correct people have their own right to do as they wish, but if you want to contribute more to bitcoin growth , bitcoin development then you should consider to no just hold it as investor only. but actively spend it everywhere so you really help spread and introduce bitcoin to this open world.People have their own reason to spend/save their coins. Bitcoin is the people's currency and they can use it in every way possible.
I agree with your words, as some people just end up storing it. Though people are free to use it the way they like, it's important to spend it also, so it's in rotation and the outside world can use it also. Store and spend but just don't store only, spending is caring.
In that case what do you expect people to do with it? sell it all? throw it away? People can do whatever they want with their coins because its their property and you are no one to suggest anything.
People have their own reason to spend/save their coins. Bitcoin is the people's currency and they can use it in every way possible.
correct people have their own right to do as they wish, but if you want to contribute more to bitcoin growth , bitcoin development then you should consider to no just hold it as investor only. but actively spend it everywhere so you really help spread and introduce bitcoin to this open world. People have their own reason to spend/save their coins. Bitcoin is the people's currency and they can use it in every way possible.
In that case what do you expect people to do with it? sell it all? throw it away? People can do whatever they want with their coins because its their property and you are no one to suggest anything.
People have their own reason to spend/save their coins. Bitcoin is the people's currency and they can use it in every way possible.
People have their own reason to spend/save their coins. Bitcoin is the people's currency and they can use it in every way possible.
Hey USA!!!
You are not allowed to save your US Dollars what is wrong with you! Saving money is against money!!!
This makes 100% no sense what so ever...
If you save your BTC you not only get to watch your coins hopefully gain value but you also bolster the value of the coin.
The way I see it is this...
If you have a stock that you want people to put money into, do you think the value of the stock will increase when more money is added to the pool? What do you think happens to the stock if 90% of the people drop/sell it?
TheUltraElite I totally agree with you 100%.
My only complaint is that if it does lose all of its value, I cannot burn it or wipe my rear with it lol...
Your comment is funny but its true if storing bitcoins is bad to bitcoins then storing dollars is bad to dollars. Storing and selling bitcoins and dollars are natural to both fiat and cryptocurrency, it is how the natural movement of the market. There is no wrong with storing bitcoins but if all people store bitcoins and not even 1 satoshi is being released and sold inthe market then bitcoin is dead.
In that case what do you expect people to do with it? sell it all? throw it away? People can do whatever they want with their coins because its their property and you are no one to suggest anything.
People have their own reason to spend/save their coins. Bitcoin is the people's currency and they can use it in every way possible.
People have their own reason to spend/save their coins. Bitcoin is the people's currency and they can use it in every way possible.
Hey USA!!!
You are not allowed to save your US Dollars what is wrong with you! Saving money is against money!!!
This makes 100% no sense what so ever...
If you save your BTC you not only get to watch your coins hopefully gain value but you also bolster the value of the coin.
The way I see it is this...
If you have a stock that you want people to put money into, do you think the value of the stock will increase when more money is added to the pool? What do you think happens to the stock if 90% of the people drop/sell it?
TheUltraElite I totally agree with you 100%.
My only complaint is that if it does lose all of its value, I cannot burn it or wipe my rear with it lol...
Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.
i think no problem if i have to spend my bitcoin , mining bitcoin also useless if it happened No one will offer services for Bitcoin.
Spend Your Bitcoins.
In that case what do you expect people to do with it? sell it all? throw it away? People can do whatever they want with their coins because its their property and you are no one to suggest anything.
People have their own reason to spend/save their coins. Bitcoin is the people's currency and they can use it in every way possible.
People have their own reason to spend/save their coins. Bitcoin is the people's currency and they can use it in every way possible.
This is something some people are doing, saving bitcoin doest damage it currently, there are all days a new coins mined, and the total coins into circulation are enought to handle the demand at the moment. It would damage bitcoin if all people choose to strore them instead use and spend bitcoin.
It doesn't get damaged because a very small percentage is doing that. If everyone would go and save right now, Bitcoin's price will fail and go down to $0. People need to see that it's widely used in order to get into this husiness too. If we would save, we would just stop Bitcoin.
Not really it's against bitcoin because Satoshi had not set any rules and regulations while creating and launching bitcoin so we have full freedom of our money. We can even hold our money or use it for online transactions
It is obviously not against bitcoin, people sometimes say that if everyone hold their coins it might affect the price of bitcoin as it will hold a part of coins in circulation, but i don't agree with that, not everyone hold their coins at the same time, they use them also.
This is something some people are doing, saving bitcoin doest damage it currently, there are all days a new coins mined, and the total coins into circulation are enought to handle the demand at the moment. It would damage bitcoin if all people choose to strore them instead use and spend bitcoin.
It doesn't get damaged because a very small percentage is doing that. If everyone would go and save right now, Bitcoin's price will fail and go down to $0. People need to see that it's widely used in order to get into this husiness too. If we would save, we would just stop Bitcoin.
This is something some people are doing, saving bitcoin doest damage it currently, there are all days a new coins mined, and the total coins into circulation are enought to handle the demand at the moment. It would damage bitcoin if all people choose to strore them instead use and spend bitcoin.
Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.
spend to open business why not ? but don't to things not helpful..No one will offer services for Bitcoin.
Spend Your Bitcoins.
bitcoin is also money and if we are talking about "spending bitcoin" it means we are treating bitcoin as money also.
in that case you should not be wasteful of money (bitcoin in this case) which means spending it only on things necessary not just buying random stuff which you don't need or just spending for the sake of it.
There so many transactions going on all the time and saving is a good idea for the future rather then blowing everything you have at the present time save for your future. Even people who hold for a long time take out investments so that creates transactions. The people who hold bitcoin he's ily will eventually spend them after all we all need to eat and entertain ourselves with purchases of gaming consoles , sporting equipment or just other hobbies. There is something for everyone. No need for concern but still a good topic to bring up.
Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.
why no one will offer services for Bitcoin? i think this is not happened..No one will offer services for Bitcoin.
Spend Your Bitcoins.
bitcoin is famous currency with many user , no reason to no one will offer services for Bitcoin.
Not really it's against bitcoin because Satoshi had not set any rules and regulations while creating and launching bitcoin so we have full freedom of our money. We can even hold our money or use it for online transactions
yes i am sure that we can store our bitcoin for ourself and its not against with bitcoin and i am believe that satoshi will not disallow us to store or keep our bitcoin into our wallet.
even if bitcoin being used for illegal things like what've been happened on darknet. it's the right of the users
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Not really it's against bitcoin because Satoshi had not set any rules and regulations while creating and launching bitcoin so we have full freedom of our money. We can even hold our money or use it for online transactions
yes i am sure that we can store our bitcoin for ourself and its not against with bitcoin and i am believe that satoshi will not disallow us to store or keep our bitcoin into our wallet.
even if bitcoin being used for illegal things like what've been happened on darknet. it's the right of the users
Not really it's against bitcoin because Satoshi had not set any rules and regulations while creating and launching bitcoin so we have full freedom of our money. We can even hold our money or use it for online transactions
yes i am sure that we can store our bitcoin for ourself and its not against with bitcoin and i am believe that satoshi will not disallow us to store or keep our bitcoin into our wallet.
The majority of the people use Bitcoin for investment purposes, and not as a currency tool.
Exactly that. I find a lot people here to be very hypocrite as they say that people should start spending their coins, but not do so themselves as they don't want to spend their coins as they believe the price will increase. People are free to do whatever they want with their coins. If one person wants to hold its coins for 5 years without using them, then it's fine. If other people prefer to spend everything they have, then it's fine too. But only let people focus on themselves instead of telling others that what they do is wrong, while in fact that's exactly what they themselves are doing.
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