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Topic: Why You Should Never Sell Your Bitcoins Ever - page 146. (Read 270138 times)

legendary
Activity: 3248
Merit: 1070
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

If we just hold bitcoin in our wallet and do not use it, the bitcoin will be useless, so the price will go down eventually.

Supply and demand: the market requires change and transactions to grow.

By not using the bitcoins, you restrict the amount of trading that goes about. If everyone were to stop, then the price would drop down straight to 0.
No demand.

Maybe we first hold most bitcoin and trade with small amount of coins. When the market can absorb more coins, we will hold less and release more coins to the circulation.

no, you need to use bitcoin directly, so the market do not need to absorb anything, and you can benefict it indirectly, for your other remained coins

The more useful the bitcoin, the more value it has. We need to use the bitcoin directly, we should not sell it on exchanges.
I think  that sell is a type of using bitcoins, whats the difference of exchange  with other ways of using?

how so, if you don't sell but use bitcoin to buy stuff you want, you don't dump which result in less pressure on the market

you are helping your other coins to grow in this way, since demand will be stronger

Not really. Demand is not going to be stronger because you buy things with bitcoin, demand goes up when a big business implements bitcoin as a payment option, for example, then the demand goes up because people can buy things with bitcoins that they couldn't before.

less pressure means indirectly better demand you know, the same "demand" is more willing to increase the value of the coins if there was less pressure on the market, because it means that those that are selling are few people and they are willing to sell at higher value

What? What pressure, what are you talking about. I don't see how the market would change because I boughta pizza with my bitcoins right now, you mean the seller would try to sell for higher price? I'm pretty sure the pizza dealer would dump his coins just as fast when there is a dump going on because he owns a business and he can't afford to lose coins.

your pressure, instead of dumping for fiat to bought that pizza, you bought it directly , this mean that you did not dump, can you understand this? it's simple man

now multiply this for everyone else doing so, and you get "less pressure on the market" less dumping

Bro, It does not matter if I sell it or not because the pizza dealer would sell it instead, so in the end those coins are going to get sold anyways and they are going to get sold in bigger amounts since the pizza dealer would want to wait to gather a few coins before selling, avoiding innecesary fees

no that's my point, if none sell bitcoin for fiat anymore but just use it directly in a endless circle, i.e., the dealer of the pizza use bitcoin again to buy things he need to deliver that pizza and so on

you will only get people that buy bitcoin and not dump anymore, this mean that the value can only grow
hero member
Activity: 1064
Merit: 505
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

If we just hold bitcoin in our wallet and do not use it, the bitcoin will be useless, so the price will go down eventually.

Supply and demand: the market requires change and transactions to grow.

By not using the bitcoins, you restrict the amount of trading that goes about. If everyone were to stop, then the price would drop down straight to 0.
No demand.

Maybe we first hold most bitcoin and trade with small amount of coins. When the market can absorb more coins, we will hold less and release more coins to the circulation.

no, you need to use bitcoin directly, so the market do not need to absorb anything, and you can benefict it indirectly, for your other remained coins

The more useful the bitcoin, the more value it has. We need to use the bitcoin directly, we should not sell it on exchanges.
I think  that sell is a type of using bitcoins, whats the difference of exchange  with other ways of using?

how so, if you don't sell but use bitcoin to buy stuff you want, you don't dump which result in less pressure on the market

you are helping your other coins to grow in this way, since demand will be stronger

Not really. Demand is not going to be stronger because you buy things with bitcoin, demand goes up when a big business implements bitcoin as a payment option, for example, then the demand goes up because people can buy things with bitcoins that they couldn't before.

less pressure means indirectly better demand you know, the same "demand" is more willing to increase the value of the coins if there was less pressure on the market, because it means that those that are selling are few people and they are willing to sell at higher value

What? What pressure, what are you talking about. I don't see how the market would change because I boughta pizza with my bitcoins right now, you mean the seller would try to sell for higher price? I'm pretty sure the pizza dealer would dump his coins just as fast when there is a dump going on because he owns a business and he can't afford to lose coins.

your pressure, instead of dumping for fiat to bought that pizza, you bought it directly , this mean that you did not dump, can you understand this? it's simple man

now multiply this for everyone else doing so, and you get "less pressure on the market" less dumping

Bro, It does not matter if I sell it or not because the pizza dealer would sell it instead, so in the end those coins are going to get sold anyways and they are going to get sold in bigger amounts since the pizza dealer would want to wait to gather a few coins before selling, avoiding innecesary fees
legendary
Activity: 3248
Merit: 1070
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

If we just hold bitcoin in our wallet and do not use it, the bitcoin will be useless, so the price will go down eventually.

Supply and demand: the market requires change and transactions to grow.

By not using the bitcoins, you restrict the amount of trading that goes about. If everyone were to stop, then the price would drop down straight to 0.
No demand.

Maybe we first hold most bitcoin and trade with small amount of coins. When the market can absorb more coins, we will hold less and release more coins to the circulation.

no, you need to use bitcoin directly, so the market do not need to absorb anything, and you can benefict it indirectly, for your other remained coins

The more useful the bitcoin, the more value it has. We need to use the bitcoin directly, we should not sell it on exchanges.
I think  that sell is a type of using bitcoins, whats the difference of exchange  with other ways of using?

how so, if you don't sell but use bitcoin to buy stuff you want, you don't dump which result in less pressure on the market

you are helping your other coins to grow in this way, since demand will be stronger

Not really. Demand is not going to be stronger because you buy things with bitcoin, demand goes up when a big business implements bitcoin as a payment option, for example, then the demand goes up because people can buy things with bitcoins that they couldn't before.

less pressure means indirectly better demand you know, the same "demand" is more willing to increase the value of the coins if there was less pressure on the market, because it means that those that are selling are few people and they are willing to sell at higher value

What? What pressure, what are you talking about. I don't see how the market would change because I boughta pizza with my bitcoins right now, you mean the seller would try to sell for higher price? I'm pretty sure the pizza dealer would dump his coins just as fast when there is a dump going on because he owns a business and he can't afford to lose coins.

your pressure, instead of dumping for fiat to bought that pizza, you bought it directly , this mean that you did not dump, can you understand this? it's simple man

now multiply this for everyone else doing so, and you get "less pressure on the market" less dumping
hero member
Activity: 1624
Merit: 645
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

If we just hold bitcoin in our wallet and do not use it, the bitcoin will be useless, so the price will go down eventually.

Supply and demand: the market requires change and transactions to grow.

By not using the bitcoins, you restrict the amount of trading that goes about. If everyone were to stop, then the price would drop down straight to 0.
No demand.

Maybe we first hold most bitcoin and trade with small amount of coins. When the market can absorb more coins, we will hold less and release more coins to the circulation.

no, you need to use bitcoin directly, so the market do not need to absorb anything, and you can benefict it indirectly, for your other remained coins

The more useful the bitcoin, the more value it has. We need to use the bitcoin directly, we should not sell it on exchanges.
I think  that sell is a type of using bitcoins, whats the difference of exchange  with other ways of using?

how so, if you don't sell but use bitcoin to buy stuff you want, you don't dump which result in less pressure on the market

you are helping your other coins to grow in this way, since demand will be stronger

Not really. Demand is not going to be stronger because you buy things with bitcoin, demand goes up when a big business implements bitcoin as a payment option, for example, then the demand goes up because people can buy things with bitcoins that they couldn't before.

less pressure means indirectly better demand you know, the same "demand" is more willing to increase the value of the coins if there was less pressure on the market, because it means that those that are selling are few people and they are willing to sell at higher value

What? What pressure, what are you talking about. I don't see how the market would change because I boughta pizza with my bitcoins right now, you mean the seller would try to sell for higher price? I'm pretty sure the pizza dealer would dump his coins just as fast when there is a dump going on because he owns a business and he can't afford to lose coins.
legendary
Activity: 3248
Merit: 1070
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

If we just hold bitcoin in our wallet and do not use it, the bitcoin will be useless, so the price will go down eventually.

Supply and demand: the market requires change and transactions to grow.

By not using the bitcoins, you restrict the amount of trading that goes about. If everyone were to stop, then the price would drop down straight to 0.
No demand.

Maybe we first hold most bitcoin and trade with small amount of coins. When the market can absorb more coins, we will hold less and release more coins to the circulation.

no, you need to use bitcoin directly, so the market do not need to absorb anything, and you can benefict it indirectly, for your other remained coins

The more useful the bitcoin, the more value it has. We need to use the bitcoin directly, we should not sell it on exchanges.
I think  that sell is a type of using bitcoins, whats the difference of exchange  with other ways of using?

how so, if you don't sell but use bitcoin to buy stuff you want, you don't dump which result in less pressure on the market

you are helping your other coins to grow in this way, since demand will be stronger

Not really. Demand is not going to be stronger because you buy things with bitcoin, demand goes up when a big business implements bitcoin as a payment option, for example, then the demand goes up because people can buy things with bitcoins that they couldn't before.

less pressure means indirectly better demand you know, the same "demand" is more willing to increase the value of the coins if there was less pressure on the market, because it means that those that are selling are few people and they are willing to sell at higher value
hero member
Activity: 1624
Merit: 645
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

If we just hold bitcoin in our wallet and do not use it, the bitcoin will be useless, so the price will go down eventually.

Supply and demand: the market requires change and transactions to grow.

By not using the bitcoins, you restrict the amount of trading that goes about. If everyone were to stop, then the price would drop down straight to 0.
No demand.

Maybe we first hold most bitcoin and trade with small amount of coins. When the market can absorb more coins, we will hold less and release more coins to the circulation.

no, you need to use bitcoin directly, so the market do not need to absorb anything, and you can benefict it indirectly, for your other remained coins

The more useful the bitcoin, the more value it has. We need to use the bitcoin directly, we should not sell it on exchanges.
I think  that sell is a type of using bitcoins, whats the difference of exchange  with other ways of using?

how so, if you don't sell but use bitcoin to buy stuff you want, you don't dump which result in less pressure on the market

you are helping your other coins to grow in this way, since demand will be stronger

Not really. Demand is not going to be stronger because you buy things with bitcoin, demand goes up when a big business implements bitcoin as a payment option, for example, then the demand goes up because people can buy things with bitcoins that they couldn't before.
legendary
Activity: 3248
Merit: 1070
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

If we just hold bitcoin in our wallet and do not use it, the bitcoin will be useless, so the price will go down eventually.

Supply and demand: the market requires change and transactions to grow.

By not using the bitcoins, you restrict the amount of trading that goes about. If everyone were to stop, then the price would drop down straight to 0.
No demand.

Maybe we first hold most bitcoin and trade with small amount of coins. When the market can absorb more coins, we will hold less and release more coins to the circulation.

no, you need to use bitcoin directly, so the market do not need to absorb anything, and you can benefict it indirectly, for your other remained coins

The more useful the bitcoin, the more value it has. We need to use the bitcoin directly, we should not sell it on exchanges.
I think  that sell is a type of using bitcoins, whats the difference of exchange  with other ways of using?

how so, if you don't sell but use bitcoin to buy stuff you want, you don't dump which result in less pressure on the market

you are helping your other coins to grow in this way, since demand will be stronger
hero member
Activity: 826
Merit: 1000
The All-in-One Cryptocurrency Exchange
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

If we just hold bitcoin in our wallet and do not use it, the bitcoin will be useless, so the price will go down eventually.

Supply and demand: the market requires change and transactions to grow.

By not using the bitcoins, you restrict the amount of trading that goes about. If everyone were to stop, then the price would drop down straight to 0.
No demand.

Maybe we first hold most bitcoin and trade with small amount of coins. When the market can absorb more coins, we will hold less and release more coins to the circulation.

no, you need to use bitcoin directly, so the market do not need to absorb anything, and you can benefict it indirectly, for your other remained coins

The more useful the bitcoin, the more value it has. We need to use the bitcoin directly, we should not sell it on exchanges.
I think  that sell is a type of using bitcoins, whats the difference of exchange  with other ways of using?
sr. member
Activity: 266
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

If we just hold bitcoin in our wallet and do not use it, the bitcoin will be useless, so the price will go down eventually.

Supply and demand: the market requires change and transactions to grow.

By not using the bitcoins, you restrict the amount of trading that goes about. If everyone were to stop, then the price would drop down straight to 0.
No demand.

Maybe we first hold most bitcoin and trade with small amount of coins. When the market can absorb more coins, we will hold less and release more coins to the circulation.

no, you need to use bitcoin directly, so the market do not need to absorb anything, and you can benefict it indirectly, for your other remained coins

The more useful the bitcoin, the more value it has. We need to use the bitcoin directly, we should not sell it on exchanges.
legendary
Activity: 3248
Merit: 1070
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

If we just hold bitcoin in our wallet and do not use it, the bitcoin will be useless, so the price will go down eventually.

Supply and demand: the market requires change and transactions to grow.

By not using the bitcoins, you restrict the amount of trading that goes about. If everyone were to stop, then the price would drop down straight to 0.
No demand.

Maybe we first hold most bitcoin and trade with small amount of coins. When the market can absorb more coins, we will hold less and release more coins to the circulation.

no, you need to use bitcoin directly, so the market do not need to absorb anything, and you can benefict it indirectly, for your other remained coins
hero member
Activity: 938
Merit: 1000
Yes Bitcoin is like a long term investment and have proven to give very very good returns in long term and more profitable than gold.
In 2009 you could buy lots of Bitcoin for $1 and in 2013 price was above 1000$ for one Bitcoin only.
Just because during its early days bitcoin can be got for very low price. Now in a short term its value has increased enormously. Such growth has never been found in gold or property or other assets. Gold took ages to get its value. Another thing when production is high value is less. Now bitcoin production is less than previous days which once again increases the value of bitcoin

Yeah bitcoin will rise for sure in the coming months as the adoption level will go high there would be much more stability in the price of bitcoins, and if the price is stable people will start believing in bitcoins, at present due to its high volatility people are hesitating in investing into it as they are not sure whether bitcoin will survive or not.
hero member
Activity: 644
Merit: 500
Yes Bitcoin is like a long term investment and have proven to give very very good returns in long term and more profitable than gold.
In 2009 you could buy lots of Bitcoin for $1 and in 2013 price was above 1000$ for one Bitcoin only.
Just because during its early days bitcoin can be got for very low price. Now in a short term its value has increased enormously. Such growth has never been found in gold or property or other assets. Gold took ages to get its value. Another thing when production is high value is less. Now bitcoin production is less than previous days which once again increases the value of bitcoin
legendary
Activity: 1232
Merit: 1091
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

If we just hold bitcoin in our wallet and do not use it, the bitcoin will be useless, so the price will go down eventually.

Supply and demand: the market requires change and transactions to grow.

By not using the bitcoins, you restrict the amount of trading that goes about. If everyone were to stop, then the price would drop down straight to 0.
No demand.

Maybe we first hold most bitcoin and trade with small amount of coins. When the market can absorb more coins, we will hold less and release more coins to the circulation.

The market has no problems with the actual amount of coins in circulation right now. People are hoarding as many coins as they can to be ready for the block halving. As soon as we reach a price of at least $900, we will see a lot coins that have been sleeping in their wallets for a long time, come to life. That's when we will know how the market reacts when a huge number of extra coins come into the market.
sr. member
Activity: 266
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

If we just hold bitcoin in our wallet and do not use it, the bitcoin will be useless, so the price will go down eventually.

Supply and demand: the market requires change and transactions to grow.

By not using the bitcoins, you restrict the amount of trading that goes about. If everyone were to stop, then the price would drop down straight to 0.
No demand.

Maybe we first hold most bitcoin and trade with small amount of coins. When the market can absorb more coins, we will hold less and release more coins to the circulation.
hero member
Activity: 826
Merit: 1000
The All-in-One Cryptocurrency Exchange
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

If we just hold bitcoin in our wallet and do not use it, the bitcoin will be useless, so the price will go down eventually.

Supply and demand: the market requires change and transactions to grow.

By not using the bitcoins, you restrict the amount of trading that goes about. If everyone were to stop, then the price would drop down straight to 0.
No demand.

There is no problem with holding bitcoin in a wallet for ages. And this will not affect the market badly as you think. Because there is always buyers and seller.
If more people hold their coins the price will rise because the supply will decline.
But it will not go to 0 as you said because there is always traders

There is a dilemma. The value of the bitcoin comes from transactions. But we want others to do the transactions.

How is that if we do small transactions and this way we have our money and move the chains of transactions.
sr. member
Activity: 266
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

If we just hold bitcoin in our wallet and do not use it, the bitcoin will be useless, so the price will go down eventually.

Supply and demand: the market requires change and transactions to grow.

By not using the bitcoins, you restrict the amount of trading that goes about. If everyone were to stop, then the price would drop down straight to 0.
No demand.

There is no problem with holding bitcoin in a wallet for ages. And this will not affect the market badly as you think. Because there is always buyers and seller.
If more people hold their coins the price will rise because the supply will decline.
But it will not go to 0 as you said because there is always traders

There is a dilemma. The value of the bitcoin comes from transactions. But we want others to do the transactions.
hero member
Activity: 631
Merit: 500
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

If we just hold bitcoin in our wallet and do not use it, the bitcoin will be useless, so the price will go down eventually.

Supply and demand: the market requires change and transactions to grow.

By not using the bitcoins, you restrict the amount of trading that goes about. If everyone were to stop, then the price would drop down straight to 0.
No demand.

There is no problem with holding bitcoin in a wallet for ages. And this will not affect the market badly as you think. Because there is always buyers and seller.
If more people hold their coins the price will rise because the supply will decline.
But it will not go to 0 as you said because there is always traders

Yeah, and if you are a astrologer and can determine the future of bitcoins then you can surely hold it without spending a penny out of it, but that's useless, don't think too much about the future as we don't know where bitcoin will land up, so it is better to keep on selling a part of it when the price is high and re buy when price falls down.This is the best way to deal with bitcoins.
hero member
Activity: 574
Merit: 500
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

If we just hold bitcoin in our wallet and do not use it, the bitcoin will be useless, so the price will go down eventually.

Supply and demand: the market requires change and transactions to grow.

By not using the bitcoins, you restrict the amount of trading that goes about. If everyone were to stop, then the price would drop down straight to 0.
No demand.

There is no problem with holding bitcoin in a wallet for ages. And this will not affect the market badly as you think. Because there is always buyers and seller.
If more people hold their coins the price will rise because the supply will decline.
But it will not go to 0 as you said because there is always traders
copper member
Activity: 2562
Merit: 2510
Spear the bees
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

If we just hold bitcoin in our wallet and do not use it, the bitcoin will be useless, so the price will go down eventually.

Supply and demand: the market requires change and transactions to grow.

By not using the bitcoins, you restrict the amount of trading that goes about. If everyone were to stop, then the price would drop down straight to 0.
No demand.
legendary
Activity: 896
Merit: 1000
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

most people have a so called spending wallet that they use for receiving and sending transactions. beside that wallet, they also have one for storing their coins for the long term. a cold wallet. nothing wrong with leaving the coins sleeping in their wallets.
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