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Topic: What should we focus on more? Demand or Supply? (Read 1668 times)

copper member
Activity: 238
Merit: 1
Semi-Decentralized Exchange
In my opinion, we should focus of the two. There should be equal between demand and supply so that market will not be compromise.
hero member
Activity: 759
Merit: 500
What I see here most are people who told to HODL, whatever happens, don't sell your Bitcoin forever, like that. They are actually afraid of not being able to buy Bitcoin back because the price is absurdly rise and regret later, but if we look at the price of Bitcoin it’s never same, in other words the price is unstable, I don't think they know this .
sr. member
Activity: 728
Merit: 250
Look ARROUND!
At the moment I do not see that the Bitcoin offer is limited and because of this the price is rising. Maybe this will work in the future, but now there’s no problem with buying Bitcoin.
full member
Activity: 259
Merit: 100
if we are based on the scarcity law in the economy, I prefer to focus on demand, because if demand gets bigger on scarce things, then prices will continue to increase every time
newbie
Activity: 36
Merit: 0
From my point of view, we should focus on the demand more. It is true that the demand rises, the supply also rises
copper member
Activity: 164
Merit: 1
i think the balance should be maintained, that point of equilibrium, where demand equals supply, so for there to be a healthy crypto environment, demand should always equate supply, am not of the opinion to hoard to influence demand, i think we should lay more emphasis on mining, so that at any point, demand will always be equal to supply. we dont want to leave the market control to the whales.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
I too agree that we need to increase the awareness of bitcoin to increase its demand which can be a long term effect in the price increase and also adoption will makes the bitcoin to be used as payment system in our day to day life but for that to happen we need to convince the people as this is the decentralized money not as more profitable investment then people will dump their coins at some point.
newbie
Activity: 40
Merit: 0
BOTH, if we focus on both by balancing it on percentage on a biweekly or monthly basis you’ll see the progress of it. If you focus only on one, you might not be helping the cryptocurrency in the long run.
legendary
Activity: 1204
Merit: 1028
This is the error of the HODLer's mindset, no I don't blame the HODL principle, I agree with this thread that we should not be afraid to use Bitcoin because it can increase demand and in my opinion HODL doesn't have to be forever, you should have a target when you have to HODL then buyback to reach the next target
Now this is good if we think for our benefit, we just think for the future price of Bitcoin and do not think that how will it increase in value. So if we have started thinking about it now, Bitcoin’s supply and demand is the base of its price to increase or decrease in value. If the number of participants in the market with their huge investment increases then the price will also increases.
newbie
Activity: 33
Merit: 0
I see a lot of people that are hoarding 100% of their bitcoins, because they believe cutting off the supply, would be enough to increase the price.

Would it not be better, if we increased the demand by increasing Bitcoin awareness and convincing more merchants to offer Bitcoin payments?

A 100% hoarding strategy is more harmful, because it cancels all the good work that was done to get merchants to accept Bitcoin as a payment option. A merchant will stop accepting Bitcoin, if their is no demand or transactions being generated for their business from the Bitcoin payment side.

We should actively encourage local merchants to start accepting bitcoins and then we should start supporting them.

Just buy back the bitcoins that you spend and you will be fine or use money that you would not have hoarded and buy the goods or service with bitcoins.

Adopt a 80% hoarding and 20% spending strategy and we will see a massive increase in Bitcoin adoption  Cool  
You are right, in that way we are making bitcoin active again it didnt become passive tho. What I am just saying is since btc is dropping in its price people are selling their btc, and with that the other will hold it until btc price rise again. Which i think is wrong, instead we should use bitcoin in our daily basis so that it will increase the dependency of people on it which will increase the demand of it.
hero member
Activity: 2912
Merit: 613
Both of this well work together in a certain economy. We all know that as demand works out supply well also work. This way this two are both important things in economy.
Right.They should be working together hand in hand to create a positive outcome.I think if we can increase the demand itself for cryptocurrency,the supply will also grow making more people benefit from it especially the high price for crypto will now be achieved.
sr. member
Activity: 910
Merit: 257
Maybe it would be more effective if we encouraged businesses to accept Bitcoin rather than encouraging end users to spend them lol.

Well, IMO encouraged users who want to actively use and spend bitcoins at a store, can have an influence on the owner of the store to accept BTC (to encourage businesses).
But encouraged businesses which accept BTC don't have such a big influence on their customer to pay with BTC. Most of them would probably stick with their credit card (regardless of a "BTC Accepted Here" - sticker).

A user base (and new user who want to actively use BTC as a currency) are thriving the adoption forwards. Not businesses accepting it as a payment option per se.

That can be a good case scenario because that can actively increase Bitcoin transactions, which may contribute on its value going up. However, as Bitcoin has already evolved into an asset that is capable to be used as an investment medium, then many would have qualms of just using it in its most basic form, as a currency. Because of you would just dispose your Bitcoin like that, then it would be very wasteful, instead of having the chance to hold it and dispose it for profit when the time comes. Also, as more and more uses of cryptocurrencies unfold, forcing people to spend it or dispose it will be more difficult because it won't get them much of a return if they don't really sell it off as an investment. Another aspect right now is the hodling game, I mean, many users follow that strategy, which really clogs the system of unused coins that affects the demand in a bad way.
sr. member
Activity: 1582
Merit: 352
★Bitvest.io★ Play Plinko or Invest!
I see a lot of people that are hoarding 100% of their bitcoins, because they believe cutting off the supply, would be enough to increase the price.

Would it not be better, if we increased the demand by increasing Bitcoin awareness and convincing more merchants to offer Bitcoin payments?

A 100% hoarding strategy is more harmful, because it cancels all the good work that was done to get merchants to accept Bitcoin as a payment option. A merchant will stop accepting Bitcoin, if their is no demand or transactions being generated for their business from the Bitcoin payment side.

We should actively encourage local merchants to start accepting bitcoins and then we should start supporting them.

Just buy back the bitcoins that you spend and you will be fine or use money that you would not have hoarded and buy the goods or service with bitcoins.

Adopt a 80% hoarding and 20% spending strategy and we will see a massive increase in Bitcoin adoption  Cool  
Since we are into like treating Bitcoin as an investment instead of using it as a currency for payments or buying of stuff I think it would be nice if we hodl 50% for future preferrences and then use the remaining 50% for something that we can buy or pay online. I actually did the same hoarding and using Bitcoins to buy prepaid loads or whatever that I like to buy online that accepts Bitcoin payment. Since it's so hard to find offline merchants here in my country for my basic needs I need to convert it to fiat.
newbie
Activity: 45
Merit: 0
If no ones do supply any bitcoins they the price is not gonna rise instead it will drop down even further. To Increase the Bitcoin price we have to increase the demand and decrease the supply just enough to make everyone keep using it. you can not ask 10000$ for 0.1btc that will not work.
sr. member
Activity: 616
Merit: 252
Both of this well work together in a certain economy. We all know that as demand works out supply well also work. This way this two are both important things in economy.

But when it comes to bitcoin, we should focus more on demand because we know that the supply is fix that's why we should be proactive in letting others know about bitcoin. Others may be skeptic when they hear bitcoin because they already have an idea about it when they saw it in the news and unfortunately it would be about being scammed. They though that bitcoin is the scam because they were misinformed and add to it the people who left cryptoverse because they are discouraged by the price decrease.
newbie
Activity: 115
Merit: 0
People must be aware how the market goes I think we have to focus in both, we have to know how manage between the supply and demand.

In reality in this kind of investment we only observe the demand of the coins so that if the said coin is highly in demand surely value will be very high, while the supply will be low in the market, being an investor you should observe both.
newbie
Activity: 191
Merit: 0
I see a lot of people that are hoarding 100% of their bitcoins, because they believe cutting off the supply, would be enough to increase the price.

Would it not be better, if we increased the demand by increasing Bitcoin awareness and convincing more merchants to offer Bitcoin payments?

A 100% hoarding strategy is more harmful, because it cancels all the good work that was done to get merchants to accept Bitcoin as a payment option. A merchant will stop accepting Bitcoin, if their is no demand or transactions being generated for their business from the Bitcoin payment side.

We should actively encourage local merchants to start accepting bitcoins and then we should start supporting them.

Just buy back the bitcoins that you spend and you will be fine or use money that you would not have hoarded and buy the goods or service with bitcoins.

Adopt a 80% hoarding and 20% spending strategy and we will see a massive increase in Bitcoin adoption  Cool  


We should understand that the supply and demand is important for every investor we don't get a lot of supply if the demand is very high also we don't demand the high price if the supply is volume. the important here is balance it depend the person how they handle the situation like that.
sr. member
Activity: 980
Merit: 250
Well demand is the most important things that could drive the price of cryptocurrency, a coin without demands would make the coins useless and worthless. Supply is good for developments of price the more scarce of the coins the more valuable the coins is but still demands is the most important thing than supply.
supply and demand are unseparate thing from any market.equilibrium between supply and demand could make cryptocurrency price stable.but that was not expected by investor.they want difference between supply and demand so they could take opportunity to gain profit from it.
full member
Activity: 700
Merit: 100
Both of this well work together in a certain economy. We all know that as demand works out supply well also work. This way this two are both important things in economy.
it's true that both of them also influence enough in terms of price and decreasing prices so that the economy can move steadily stable, if both work in balance, but most offerings work higher so as to make the economy decrease.
In addition, stocks are still available, but demand is still low enough so that to raise the economy will be a little difficult, we must be able to change the eyes of the people who still underestimate it to be interested.
newbie
Activity: 167
Merit: 0
Both of this well work together in a certain economy. We all know that as demand works out supply well also work. This way this two are both important things in economy.
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