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
It is the usage that even counts the more. This is what brings in more demand and the reason why people will over time experience and see the value it brings. The HODL aspect is what has created more speculation in the market and has driven the market to more of a speculative asset that for it to be used more in real life as a currency. Both supply and demand are equally important and this is what brings about a balance to some extent to a market. However, we cannot blame anyone, it is what it is, and I believe that over time things should change. 
Topic: What should we focus on more? Demand or Supply? - page 2. (Read 1668 times)
i agree, since bitcoin can be mined, the supplies are out of the question, what matters is the demand on the market, how we introduce bitcoin to a common people, for the past years, the unspoken truth can be found on people's perception towards bitcoin, the supplies are there, but the demand is underrated, we are not yet on the level of a fix supplies and growing demands, therefore we should focus on how we can pump up the demand.
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.
We have to consider both supply and demand for the coin in order to increase it's price when the developments kept going on. We should also consider how far the price of the coin will reach if there is a huge demand for any coin and some time it is impossible to predict how much the price will increase.
In my opinion giving them a proper education on cryptocurrency is one of the good idea. Teaching them to explore more before making moves.
It is not like most people do not have proper education on what cryptocurrency and blockchain technology is all about and indeed we can as well just keep on with the mindset that the long term is what it is which is there is absolutely no doubt about it.Moreover, if there is no usage, then at some point, we will get to see more speculation and it is this real usage that brings in both demand and supply. I would say, for a matured market, this is something that we will always get to see, so I can just assume we are not there yet.
As time goes on, people's mindset will start changing towards spending, when we start getting close to the balanced state with a high volume market with less volatility.
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.
we should aware what is the most demand products before we get a supply what people needs in their daily life what people need to fulfill the 3 major needs of a people like foods materials in building their houses clothing i think these are the most demands product we should focus in the market 
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.
As long as the prices are so low, personally I'm not interested in doing purchases with cryptocoins... especially BTC which has higher tx fees than PayPal or credit card... at least when doing small purchases.
I think the only viable way to reduce the "supply" of BTC is to reduce the mining rewards but this won't happen for more than a 1,5 year now.
And since we're in the Economy section and not the Bitcoin section, I believe it's fine to mention one interesting solution an altcoin has found to control the supply.
XDNA's team has created an algo which is changing the mining reward amount based on the total hashrate of the network.
1) When the price of a coin falls, naturally miners will start leaving.
2) If miners leave, the hashrate drops.
3) If the hashrate drops, less coins are generated.
4) If less coins are generated, there's less supply.
5) If there's less supply, the price's momentum is pushed upwards.
So lower price = less supply! I found it brilliant when I first read about it!
I think the only viable way to reduce the "supply" of BTC is to reduce the mining rewards but this won't happen for more than a 1,5 year now.
And since we're in the Economy section and not the Bitcoin section, I believe it's fine to mention one interesting solution an altcoin has found to control the supply.
XDNA's team has created an algo which is changing the mining reward amount based on the total hashrate of the network.
1) When the price of a coin falls, naturally miners will start leaving.
2) If miners leave, the hashrate drops.
3) If the hashrate drops, less coins are generated.
4) If less coins are generated, there's less supply.
5) If there's less supply, the price's momentum is pushed upwards.
So lower price = less supply! I found it brilliant when I first read about it!
I think if we are going to make the economic subject as the baseline then I think demand will be the one who could drive the market to have a huge recovery. This movement will be brought by an increasing demand.
This is true. If the demand will rise then probably the value of the bitcoin will also rise. It os the rule in economics im which if there will be a shortage in supply because of the high demand then rhe market value or the price will go high. At that is what expected to happen in the bitcoin. That is why hodlers are waiting forore investors tonhve a better profit.
I think what we should really focus on is the demand. No matter what it is, if people wants it then we can sell it. That is the basis of a business outline. Creating a demand. Once you've done that, the supply you'll be making will be eaten up by the consumers in general. I think the same could be said in Crypto currency.
I think we should focus on demand. Because the most important thing in a new market is demand. If the demand is not large it will lead to reduced liquidity and the market will not have much activity. So I think the demand is important.
I am personally in the demand for bitcoin and other Altoona. This is the time I see to be good to invest in the coins since the spike will come but as to how soon,i don't know specifically.
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 
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
Those crazy-rich whale probably won't consider our concerns and at this point, they must have hoard almost the 50% supply of bitcoin. Our only way is to increase the demand and awareness so when it rises, the whales will release a great portion of what they have hoarded for many years.
Indeed, in the economics they should have demand and the supply. Supply is one who supple the product while the demand is willingness and ability to purchase a commodity or service, it also called the buyers. We should focus in the two which are demand and supply, they must be balance in the world of economics. In overall, in the cryptocurrency market is same as in the economy that should be balance the demand and supply to run properly and correctly.
Definitely demand. More demands more buyers.
Buyers will bring more buy volume which will put pressure on the bears. I believe the market will go positive when we have more buyers.
Buyers will bring more buy volume which will put pressure on the bears. I believe the market will go positive when we have more buyers.
Even though the demand and total supply of bitcoin has an effect that makes the bitcoin price conditions have a movement, but there are some other things that make the price of bitcoin has a movement, one of them is the bad news and some information in some countries so you should not just focus on demand and total supply only.
good or bad news are the thing that influenced to supply and demand amount.it has direct correlation and could not walk alone.for example if good news come to market, the demand automaticly increase. Even though the demand and total supply of bitcoin has an effect that makes the bitcoin price conditions have a movement, but there are some other things that make the price of bitcoin has a movement, one of them is the bad news and some information in some countries so you should not just focus on demand and total supply only.
Part of this market is also the acceptance of each communities who supposed to use the system, though it will also ends up with supply and demand after, but more public advertisement and allow the majority to use the system as an alternative ways for transacting payments process, the purpose should be the priority and not alone as an investment vehicle for future gains, in this early age of crypto we should focus on how things can be usable and how community will be able to help the system to attract more users and investors.
In my opinion giving them a proper education on cryptocurrency is one of the good idea. Teaching them to explore more before making moves.
Even though the demand and total supply of bitcoin has an effect that makes the bitcoin price conditions have a movement, but there are some other things that make the price of bitcoin has a movement, one of them is the bad news and some information in some countries so you should not just focus on demand and total supply only.
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
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
I absolutely agree with your point and your strategy. However, everyone knows what works best for him/her. Meanwhile let's not forget that the supply of bitcoin is fixed. The focus should be on demand which will be drive by merchants accepting bitcoin as payment method.
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
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
I absolutely agree with your point and your strategy. However, everyone knows what works best for him/her. Meanwhile let's not forget that the supply of bitcoin is fixed. The focus should be on demand which will be drive by merchants accepting bitcoin as payment method.
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