Maybe we arent hoarding bitcoins, but rather getting out of USD
I've had USD in my bank account ever since I opened it. I must be hoarding it, since I am not spending it at whim.
Topic: What is the deal with hoarding? - page 6. (Read 5016 times)
I've had USD in my bank account ever since I opened it. I must be hoarding it, since I am not spending it at whim.
good luck hoarding now unless your a 1%'er
early adopters a while ago are the true ones that benefited, heres the thing about hyperinflation
the only people negatively effected are the ones who got in late and cant buy for cheaper, anyone else who got in earlier could give a crap less about hyperinflation
the rich just get richer
early adopters a while ago are the true ones that benefited, heres the thing about hyperinflation
the only people negatively effected are the ones who got in late and cant buy for cheaper, anyone else who got in earlier could give a crap less about hyperinflation
the rich just get richer
Maybe we arent hoarding bitcoins, but rather getting out of USD
All I know is that monopoly is bad.
Why are people so worried about people "hoarding" bitcoins?
Is it because you think that there will be no more bitcoins left to spend?
Is it because you think we should all be spending all of our money?
Is it the 1% thing?
Do you think it is a huge conspiracy to later crash the price and destroy Bitcoin?
There are almost 11 million bitcoins out there. Even if there were only 100 bitcoins (less than created in the last hour), those 100 bitcoins could be used to run a small economy with the fact that each bitcoin is 100,000,000 satoshi. And if you are so worried about that, gather up at least 100 bitcoins for that purpose.
If you are worried about us not spending bitcoins, the more money that goes into the bitcoin economy, the larger the bitcoin market will be and the more incentive for someone to tap that huge market. How many technology pitches start with "X is a billion dollar a year industry...". Look at the video game market, millions are spent to get kids to come off of a few bucks to buy some game or another. Competing companies vying for the larger piece of the pie. People will spend their bitcoin. And if it turns us all into savers instead of spenders, then all the better. How much is consumer debt these days?
The 1% thing? Are you worried that only a few people will have control over the whole Bitcoin economy and be able to control things like the huge corporations and banks do now? The best way to prevent that is to start hoarding yourself and get as many other people to hoard as well.
Or is it all about crashing Bitcoin? The old pump and dump argument. Is everyone working together on this? Because I never got the memo. Bitcoin has hardly scratched the surface of adoption. If someone wants to dump their bitcoin, there are tons of people in line to buy at cheaper prices daily. Let them dump into our waiting wallets.
Is it because you think that there will be no more bitcoins left to spend?
Is it because you think we should all be spending all of our money?
Is it the 1% thing?
Do you think it is a huge conspiracy to later crash the price and destroy Bitcoin?
There are almost 11 million bitcoins out there. Even if there were only 100 bitcoins (less than created in the last hour), those 100 bitcoins could be used to run a small economy with the fact that each bitcoin is 100,000,000 satoshi. And if you are so worried about that, gather up at least 100 bitcoins for that purpose.
If you are worried about us not spending bitcoins, the more money that goes into the bitcoin economy, the larger the bitcoin market will be and the more incentive for someone to tap that huge market. How many technology pitches start with "X is a billion dollar a year industry...". Look at the video game market, millions are spent to get kids to come off of a few bucks to buy some game or another. Competing companies vying for the larger piece of the pie. People will spend their bitcoin. And if it turns us all into savers instead of spenders, then all the better. How much is consumer debt these days?
The 1% thing? Are you worried that only a few people will have control over the whole Bitcoin economy and be able to control things like the huge corporations and banks do now? The best way to prevent that is to start hoarding yourself and get as many other people to hoard as well.
Or is it all about crashing Bitcoin? The old pump and dump argument. Is everyone working together on this? Because I never got the memo. Bitcoin has hardly scratched the surface of adoption. If someone wants to dump their bitcoin, there are tons of people in line to buy at cheaper prices daily. Let them dump into our waiting wallets.
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