Author

Topic: Will BTC stop using? (Read 951 times)

sr. member
Activity: 420
Merit: 250
September 18, 2014, 07:22:04 PM
#9
I've been reading people against BTC and one argument of "What Bitcoin will fall" is the subject of people who is saving their BTC expecting the price increase and then sell all.

What is going to happen when almost all the users have their BTC out of circulation and saved expecting to sell when the price increase?

Seriously, I don't think people going to stop using cryptocurrencies as a tool but I didn't answer anything becuase I didn't know what (exactly) to say. Can you help me with this?
When there is less supply of bitcoin for sale prices would generally go up. The problem this this theory is that if no one is actually spending their bitcoin then merchants would have less incentives to accept bitcoin which would give potential buyers less of a reason to start using (and buying) bitcoin. So this could actually result in lower prices.
legendary
Activity: 1386
Merit: 1016
September 18, 2014, 07:15:05 PM
#8
An increasing number of merchants are accepting bitcoin payment and bitcoin users will be attracted to pay with bitcoin by their offer. Merchants cash out the accepted bitcoin. Customers will buy back bitcoin when the bitcoin price is a bargain. Bitcoin will never stop to be used.
sr. member
Activity: 369
Merit: 250
September 18, 2014, 06:42:41 PM
#7
BTC will not stop using... Intervention time BTC!
legendary
Activity: 1512
Merit: 1011
September 18, 2014, 06:02:57 PM
#6
 Grin use economy section instead ...
hero member
Activity: 728
Merit: 500
September 18, 2014, 05:18:59 PM
#5
I am sick of such threads.
legendary
Activity: 1512
Merit: 1011
September 18, 2014, 05:11:43 PM
#4
yep, majority of holder keep and hold coin ... and, eventually, sold somes few to buy stuff.
the low rate, now, it's because farm don't keep coin like last month ... they must sold immediatly to pay electrical invoice and new material (or building).

and it's good for all people, cheap bitcoin permit to new member to buy !
legendary
Activity: 3052
Merit: 1031
RIP Mommy
September 18, 2014, 04:56:24 PM
#3
Almost all BTC users don't have tens of thousands of stolen BTC to continue dumping on the market to crash it to $0.01.
legendary
Activity: 2674
Merit: 2965
Terminated.
September 18, 2014, 03:27:29 PM
#2
No. These kinds of threads are stupid and usually made by altcoin bagholders.
No, altcoins shall not succeed. Non offer any real innovation so far.
member
Activity: 115
Merit: 11
Bitcoin is revolution
September 18, 2014, 03:18:39 PM
#1
I've been reading people against BTC and one argument of "What Bitcoin will fall" is the subject of people who is saving their BTC expecting the price increase and then sell all.

What is going to happen when almost all the users have their BTC out of circulation and saved expecting to sell when the price increase?

Seriously, I don't think people going to stop using cryptocurrencies as a tool but I didn't answer anything becuase I didn't know what (exactly) to say. Can you help me with this?
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