Bitcoin Forum

Are you guys fooking nuts?  Don't HODL!  HODLing is what fucks up Bitcoin.  SPEDN!  Bitcoin was made to be used - not held.  Spend your damn Bitcoin and support Bitcoin friendly merchants and bitcoin traffic.  HODL is for pussies.  

I am scouring the web for places to spend.  Spending shouldnt really affect your holding too much.  Just buy BTC and spend it as needed separate from your hodl stash.

W.t.f. are you talking about? The more you hodl now, the higher the prize will go in the future. It is all the spending that is killing the coin. Just sit aside a small percentage of your coins to spend and hodl the rest. Once the price goes up to the moon, you would have doubled or tripled your buying power and you would be able to afford more things. 

Hodl / Hodl / Hodl ^Hmf^

It's funny that RawDog (of all people) gets it, but others don't.

Brb everybody just hodl and no one spends and BTC is never adopted widely as a currency.

I cant agree more. If we want to make Bitcoin go mainstream, we must spend damn coins. If everyone just hold and noone spend, we will have less and less merchants and companies accept Bitcoin as payment method.

To be accepted and adapted as currency bitcoin price must be less volatile. People fear to hold or even buy bitcoin right now (not for traders) who want to buy something online with bitcoin due to this ongoing price fluctuations.

Talking about me i am using bitcoin only to topup my mobile balance as there is no other option to cashout bitcoin here in my country. Although i am collecting bitcoin in a hope of better future of it in my country.

I think spending will definitely help to encourage the economy of bitcoin. However, most people think bitcoin is an investment so HODL is what they do.

Spending doesn't kill the coin, it increases merchant adoption, therefore increasing the utility of Bitcoin.

Sure, the merchant will convert to fiat and add sell pressure that way, but you can just buy back your Bitcoin and it would be like you only spend fiat.

Now you neutralized the sell of the merchant with your own buy, but you also added Bitcoin transactions to the merchants revenue, and the merchant made less fiat revenue. If enough holders use this tactic for their everyday purchases the merchants will notice Bitcoin is a serious payment option and they will be more inclined to accept Bitcoin and maybe even hold a little bit. Without undermining your own hold position.

I agree. From my own experience i have seen that spending a minor amount seems sensible to keep the flow rolling smooth with transactions. We should still hold a bulk part of our Bitcoins to cash in on the peak of the bull run.

Yes that is it. Spend a but of your btc 5-10% and hold the rest. Don't just wait, stimulate the economy.
Mabyby that was why it has been low for a year...

This is a problem with deflationary economy- people know the value of their holding will increase, so they are reluctant to spend and wait for the value to increase.

While you hodl, spend some of it cause you might just win the biggest bet of you life. I just bet on a sports betting site and might just win by taking the side of an underdog lol

The greatest thing to do is to hodl.  Why? Because the price will go up.

When the time comes that there aren't enough satoshi's to go around, the Bitcoin core programming can be easily adjusted to divide satoshi's into as small of a unit as necessary.

Hodl the heck out of Bitcoin, and grow fantastically rich doing so!

:)

EDIT: Stop calling it Bitcoin, and start calling it SatoshiCoin, so that people get used to the idea of the satoshi as the main coin. This way we the bitcoin hodlers will gain more value, and SatoshiCoin will spread around the world greater than ever.

NOTE: At some time the divisions of a satoshi will need to be named. Perhaps we should call a 0.00000001 satoshi (a satoshi divided into 100,000,000 parts), a nakamoto.

spending is for those that have many bitcoin, and have a regular income in fiat and can acquire more, therefore for rich people

not everyone is rich, so i'm holding to become rich like those asshole, that did nothing in their life based being lucky one time

I fully agree. People often say holding is the best option for BTC.

NO!!

This is absolutely the worst option for BTC. What happens if we all hold? How are we going to increase crypto acceptance and general crypto presence? Hamster mentality brings nothing, cause even if you hold and everybody else holds, BTC loses value and you get nothing.

I would not only say spend, I d say INVEST! Differentiate your BTC into several potentially profitable ventures.

I don't disagree, but given the option I'll usually lean towards spending fiat. Best for spending BTC are bitcoin-only endeavours (a-la SR).

I will wait the moment, when I be able to spend, now I hodl because I can. Merch for pussies. The Men must hodl.

I personally pile up a bit of bitcoin and then spend it some where or transfer it to my bank and I never let it sit just on my wallet in order the flow continues which I think is needed as is always better to let the flow go rather than stop it and wish for a miracle to happen  ;)

HODL 50 PRCENT of whatever you earn SPEDN the other half to make your HODLINGS bigger. Dont be a pussy by HODLING it all. If you HODL it all you wont make more of it. Whim wham zip zap flip flop

Why can't I hold my BTC? There are still some to be mined. They are out there: go buy your hardware and mine instead.
I'll hold 'em!

While you're hodling your precious bitcoins, feel free to spend them as long as you buy them back.
This lets you hoard bitcoin and reward merchants who accept it at the same time.

Hodling is investing.

We will never hodl them all. Those that are left un-hodled will be used. If there are too few of them, satoshi's will be split to make more, smaller coin - like a stock split that makes the value of those hodled way greater.

:)

I don't agree with you OP. Let the people do whatever they want to do. We need holders, spenders, speculators, everybody. As crazy as is sounds, everyone is contributing to the Bitcoin ecosystem.

I would rather that we are after non bitcoiners and that we get them to join us. Imagine if we would have 100,000 new members that would become just holders, wouldn't that we better than that they are out of Bitcoin completely!

You should hold and wait price up. Me too. But never hold what is a substantial amount of coin to you in an online exchange or wallet. Immediately transfer what you wish to actually hold (versus spend, which you should also do) to a cold storage device or paper wallet. Don't leave your valuable coin in a company's hands.

You can also lose all of your bitcoins trading if you have no idea what you are doing. I both hold and spend my bitcoins for services.

Oh Crap! I already spent it, it was the worst decision of my life :(
But, will it actually increase if we just keep them in our wallet?

I hold some and use some. I don't like extremes: I use purse and I love it. It's nice to use BTC: and that's cool as well. And I also have a bitcoin debit card. But I hold most of my BTC because I do know that they are totally undervalued right now!

You don't know me as I can see.
I translated this thread by gbianchi. Read it
 ;)

BTC Exchanges: their functioning and their way of using a fractional-reserve
https://bitcointalk.org/index.php?topic=945881.0 (https://bitcointalk.org/index.php?topic=945881.0)

by "HOLDing" you help the ecosystem too. you generate with this the basis (market cap - a value) of bitcoin.

but it is clever to use bitcoin too when you hold some because you are pushing your own investment when you use bitcoin.

Did you ever think about the fact  that you can hold bitcoins and ALSO spend them? Just go shopping and immediatley refill the amount you spent for your pizza, shirt, drugs or whatever.

Holding bitcoins provides no benefit to Bitcoin. While buying and selling at least contributes liquidity to the markets, which in turn increases the utility of Bitcoin, simply holding bitcoins contributes nothing at all.

HODLers are nothing more than lurkers and leeches.

HODLers like to fantasize that they are contributing by supporting the price, but we all know that Bitcoin works well regardless of the price of a bitcoin. Supporting the price does nothing for Bitcoin.

Furthermore, a stable price results in increased adoption, but HODLers don't want a stable price, they want an increasing price.

HODLers are anti-Bitcoin.

HODLers like to fantasize that the are promoting Bitcoin by recruiting other HODLers, but (again) simply holding bitcoins does nothing for Bitcoin, so more HODLers only means more lurkers and more leeches.

The truth is that HODLers promoting HODLing are really promoting a pyramid scheme based on Bitcoin. In a pyramid scheme, members recruit more members in order to make money for themselves.

HODLers are basically members of a Bitcoin pyramid scheme.

If you want to contribute to Bitcoin, use Bitcoin and convince other people to use Bitcoin.

disagree, holding isn't bad for bitcoin. period.

I would hodl if I had any BTC.

Bad timing to consider spending though. also its no big deal if everyone holds and the price of something is 0.1 instead of 1 BTC.  Its infinately divisable for a reason.

Its difficult to spend, there are few shops or bars that accept it. Holding isn't bad for bitcoin price, what is bad for price is selling bitcoins.

You have to spend some Bitcoins to keep the wheels spinning. I see more and more merchants complaining they do not get enough Bitcoin business and wants to stop accepting Bitcoin.

We must support these Bitcoin businesses, because they support us. I buy a pint or two at my local pub and I pay for other services with Bitcoin too.

Let Satoshi HODL his coins, that is more important.  ::)
 

Mate you are making some mistakes here. Bitcoin isn't just money which you can spend.It's also an investment vehicle for many.So Bitcoin is having several use cases and just one!Meaning speculating is a big part of it.Furthermore you can not expect people who merely have a whole Bitcoin to spend it if they bet on a future increase for instance. If you have hundreds of bitcoins so go ahead and spend them.Spend them all if you want.
I will remind you when price has reached a few k's and tell you how dumb you are!

...

Because the possible tremendous upside in future BTC price, I like to HODL much of my BTC.

But, I SPEDN where I can!  It is fairly hard to find retailers (NONE close to where I live), but there are online sellers of GOLD, and buying gold can use a fair number of BTC.

I like the above suggestions of topping off holdings of BTC after spending, I have been doing so.

I see nothing wrong with holding Bitcoin though.

For optimal win, spend during periods where it goes up in price (like now), then buy and hold when it goes down.  Too much holding or too much spending results in fail. 

holding and buying is the best you can do to help bitcoin, there is no need to use it if you're not happy with its price

simply holding i agree it's bad, but if you also buy, you help the market to grow, and you remove power from fiat

Here we see a wild Bitcoiner who has no idea how activity in the Bitcoin ecosystem works.

Bitcoin doesn't mean anything if the coin is dead with no demand because no-one uses it. Spending doesn't even lower the price either unless it's instantly converted to BTC - which happens, but not always. Which isn't even that bad, it still benefits the Bitcoin ecosystem.


Bitcoin is a cryptocurrency, for god's sake. It's designed to be spent and used for trade, not for you to try to make money.

No. HODL is a little bit better than spend right now. Price better reacts to HODL and that's what Bitcoin needs now, greater price, to be widely adopted and to be used as a storage of value which is the most important function.

Just shocking - the number of idiots around here.  Shocking. 

If the price of bitcoin is .00001/$ it works great.  If the price is 10000/$ it also works great.  The functionality is neither increased nor decrease via its price.  Price only helps the speculators who want to realized unearned benefit. 

Spedning keeps the merchants interested and advances the ecosystem.  Hodling does nothing at all.  HODL is dumb. 

Use Bitcoin.  If you don't USE Bitcoin, it won't be useful.  If it is not useful, it will go away.  Get it?  It doesn't take a genius.

People who hodl are worried which does not improve the situation.
Spedn is the obvious thing to do right now. Price wise it is fairly low so do it until the rift happens near the end of the year.

Some times, I think we should hold some and use some coins. Some times, I think we hold a small amount, trade and use most. Trading some coin is to make sure there is enough supply, so the coin price is not so volatile.

How about a balanced approach? SAve some, spend some!

well if this really works this way, why don't you open 2 wallets and just transfer the money 9999x times per day.. lol...

bunch of **** I just read..

like everything in the world, powerful people with big btc balances are controlling the coin... now banks started to do this too.. 1 bank from croatia just bought 1 million of $ in bitcoins... so stop writing nonsense..

This is nonsense. Bitcoin was designed to be used however the fuck you want to use it. Want to use it as a regular currency to buy stuff? cool. Want to hold for 10 years and retire? cool. Everything is a legitimate use, no one can tell you what to do with your money.

Do you apply the same logic to the regular (fiat) economy? Moving money from 1 pocket to the other is exactly the same as buying goods/services and accepting payments from others?


You don't say! Bank? $1 million? That must have been like 10% of their annual coffee budget.


Amen. But forcing someone to spend their BTC for ideological reasons or to buy overpriced stuff is not gonna work in a long run. We need more people with regular BTC income (at least some % of their total income) and merchants to start offering discounts on BTC purchases (pass on % of the savings to customers).


The 21mil cap doesn't guarantee deflation (defined as increase in purchasing power). Spherical economy in a vacuum.

btc holder will spend if the price go to 10x the initial bid.
logic.

and it's good ... because, more the supply is hold ... more the velocity is high (less available fund to play = more value for less coins).

WTF?  - get a spell checker.  It's 'HODL' not 'hold'  Dumbass.

Good advice I will try it out and s if it is viable to do this to get something out of it.  ;)

I get that you don't like people holding Bitcoin, but people have their own minds and can do what they want. It is good to use Bitcoin as it is safe and convenient, but some people also use Bitcoin as an investment. I don't think that holding Bitcoin is what f*cks up Bitcoin, I think it is people like you that f*ck up the community, going around calling people p*ssies for holding on to Bitcoin. Go f*ck yourself.

that isnt a problem in itself

also the effects of a global deflationary currency system have never been examined

Pussy

okay,for first time i read this,i agree with you,holding bitcoin just and fool act,just because bitcoin cant predicted and really fluctuate. but lets see from second or third view,this is about investement,this is about gambling with your knowledge and predictions about bitcoin price,how if you bought bitcoin at very low price,and somtime it become 200% up from buy price before,its a simply easy profit. but lets see what will happen about one year later  8)

I'd love to spend more but as the economy improves salaries go down. The BTC working economy is FUCKED UP.

More important than not hodling is not cutting salaries when the fiat to BTC conversion works in Bitcoin's favor. These merchants need stop thinking about Bitcoin in terms of fiat, only then will we see true adoption.

When iPhone's function goes up every generation, people do not hold on their money to buy the next generation one. For most people, hold is not their intention, as least most of the time.

The appreciation of bitcoin will be 1-2% a year (economy growth rate) in the distant future when it is fully adopted. 

I recently lost 0.02 bitcoin in an investment site and this is not the first time  :(

I'm missing your point and how it relates to my comment - can you please clarify?

Thanks.

Yeah, spend you coins ... and not just on Bitcoin related businesses but more so on non-Bitcoin businesses that happen to also accept BTC.

alot of people dont understand this - you are of course RIGHT  :) !

This is the same guy that has quadruple-talked on his stance on Bitcoin.

The guy said in 2011 that bitcoin was going to die and was headed to 0.

over 4 years later...the guy is still wrong.

I HODL!!!

You are probably the biggest idiot.

You have called for bitcoin to die 4 years ago and you were wrong.

Your mentality is much like the fed...trying to increase and give incentive for people to spend.

Not all cash is being spent right now.

So no you are half right. Holding it and spending it are both valid.

It's not like you get penalized for not spending it.

Uhm - just in case you don't know, about 6 or 7 people have the log-in for this handle.  Talk about split personality.

let me guest : you are rich, no ?

I'm not ... and i want earn my work (money) ... because i'm not afford to loose this capital to buy some shitted device (i choose carefully my devices).

bitcoin is a reserve of money, better, A HELL BETTER than my bank now.
in 2015, it's the most noticiable thing.

i buy 500 euros per month of BTC (no more to safe in life economies).

+ 1

You're walking the walk, mon amis.

Bitcoin and gold are two alternatives that most people should be looking at HODLing.

SPEDNing and HODLing BTC are both legitimate.

You have to HODL some of them otherwise you get caught with your pants down and wish you didn't spend them all.

I agree to support merchants and spend, but HODL at least 75% of your BTC .

I think you are making bitcoin useful to the society. The circulation of bitcoin will make it useful and increase its value.

Currently there isnt a good market where we can buy things as  iphone,computer,pay some bill,and some of the bitcoin holders plays the pump and dump soo why would they spend what they use to make profit?

Sitting on your ass and counting your coins doesn't help. If you want better markets, spend bitcoins to buy stuff through the places that accept them, like Cheap Air, Overstock.com, NewEgg, etc. Or if you want to save lots of money using bitcoins, buy stuff through Purse.io and foldapp.com and save 20%.

i guess you have a point, the currency doesnt really operate if keep just use it as a store of value. but theres tons of people out there buying and selling coins which keeps us balanced out.

Bitcoin was designed to be scarce, thus as time progresses it gets more valuable. So why I would spend it now? I can spent fiat now, and hold btc. It was designed to be more valuable with time, so I want to keep it.

Some people use bitcoin as a speculator's tool for getting money for doing nothing but guessing.  This is the stupidest application of bitcoin ever.  Only morons sit there with their bitcoin in a stack hoping it will bring unearned income.  All the people with brains are out trying to make really cool new things with bitcoin.  But, if hoping for free money gets your toes to wiggle, then I guess it is OK to go for that cheap thrill too.

spending is different to dumping
the purpose of 'hodl' is to stop people from dumping it.

I SODL some once. Bought a book about interrogation techniques. I lost a thumb, but it makes a good story.

To some extent, spending is the same as dumping. When we buy goods with bitcoin, the retailer processes it through BitPay, the bitcoin is sold instantly in the exchanges, the retailer gets the fiat, not bitcoin if they choose so.

It is not same thing. When you spend some to buy product or service, you help bitcoin to become mainstream internet (maybe even real world one day) currency. No matter if coins are dumped by merchant, you simple buy same amount again. Bitcoin need to be used if we want to achieve wide adoption.

But, holding is much better than dumping it all, right?  ;)

Let's be serious we can't avoid merchants to cash out their BTC. The BTC ecosystem is too small: I don't know how Elwar does (he apparently went all in with living on BTC) but for the majority of us living out of BTC is simply very difficult.

I agree with this


And I don't buy that by spending BTC it will become the "mainstream internet currency"

Ah, you have opened my eyes. I see truth now. Bitcoin will become mainstream if we just hold it. Thank you mate!!!!!!!!

HODL is for pussies? I'm fine with that as long as it makes me a good bit of profit  :D But I agree with your points that it is good to also spend a part of the coins we have. Which I basically already do. I use it as currency and as a store of value. Plus I run a full node for months. What more can I contribute ? :)

The issue isn't entirely just on your own spending. There is also a problem merchant-side as they don't see it as a currency either (they see it as an alternate way to get fiat in the end) and so they don't keep it but convert it back to fiat. Until both consumers and merchants view Bitcoin as a currency it will continue to be a commodity that people keep/HODL for the sheer reason of making a profit and if it fails to do so they will move on to other ventures.

This is probably good thread to post a reminder about upcoming Bitcoin Black Friday:

http://bitcoinblackfriday.info/



To some extent - yes. If you have spent BTC on goods and you never earn/buy back any BTC then it's somewhat equal of dumping. But it's still better, as more bitcoins spent directly at merchants means more adoption, more adoption means BTC is more appealing to the average Joe, as he got more possibilities/places to use it. It's a first step to create currency circulation and to make Bitcoin economy more robust.

If merchant gets decent volume of BTC sales, he can in future choose to hold some % of it, or i.e. to pay bonuses to his staff in BTC or to pay directly with BTC to other merchant or supplier or just play bitcoin poker. Those thing keep the economy running.

If everyone was just holding hodling, then the entire economy would depend on BTC/fiat exchanges, and the entire value would depend on hopes that there will always be enough money flowing in from speculators/investors (since there will be no other demand).

Feel free to spend all of your bitcoin's.
I'm quite happy HODLING (although I do gamble with the pennies I get from signature campaign's).

Yeah; I guess you're right... I've should have sold at $500. Now I'm losing a lot of money. I just hope that it doesn't go back to $250

You should have sold at $1200

nah you're not, because if you are for 1k, 500 are  peanuts if you're here for 10k 500 is even more worthless and it does not matter at all

what you're saying only matter for pro traders, that do this like it was their job

I don't get all of the people that are preaching that nobody should hold on their coins. For God's sake we are currency. People save their currencies. We are a commodity. People save even more their commodities.

With all of your reasoning, we should never save gold and dollars either. We should be just spending them. Let people do whatever they want.

You will not do what you want - you will do what I want.

right but now all trying to dumping the price and maybe big wall will broke in a few days, i hope is not and hopefully the price will strong in this range

I hold some and spend some, my wallet has over 180 btc received and spent, and it has only had 15 btc max at a time. So yeah, I am one of the ones supporting btc by using it.

Lol what ever sounds like you are troling more than anything dont hold just panic sell sure. I bought a bunch at 200 or so last week sold again when hit at the 350s when peeked and back down again to re buy again and make a good profit. Holding is not for pussies at all. Feel free to sell all your coin to me at $100 k thx all coins to me.

Spending helps the circulation of bitcoin, it will increase its value. So hold some and spend some to make more people aware of bitcoin.

Im using my bitcoins not dumping it im selling it to another person that resell the bitcoin to another person,i wanna a new phone or computer to childs and i would like to be able to pay with bitcoins but since there isnt yet a market for it i will hold and wait.

http://2.bp.blogspot.com/-xyfYj3lw0qY/Tp7-HgiNAtI/AAAAAAAAAco/qz8IVbiNS2s/s1600Funny-men-laughing-cartoon-you-want-it-when.jpg (http://2.bp.blogspot.com/-xyfYj3lw0qY/Tp7-HgiNAtI/AAAAAAAAAco/qz8IVbiNS2s/s1600Funny-men-laughing-cartoon-you-want-it-when.jpg)


 ;D

Well, good point. Would you spend to increase the price of bitcoin, or hodl and make other people do it?

If everyone chooses to hodl, no one will spend, and the price wil inevitablly fall. I support the OP. Spend. Buy video games, gamble, maybe even buy a Bitcoin miner! Let's go!

It looks the same. But when you buy stuff the merchant gets their money without having to pay ridiculous fees. There are no chargebacks which gives the merchant a great feeling. That all combined makes them more willing to support Bitcoin payments for a long long time. The coins will get dumped, you're right, but the effect on the whole eco system makes the difference :)

holding bitcoin doesnt really help btc as a currency because transactions arent taking place (which is what the main point of btc is ).
but it does help keep the value of bitcoin fairly high as the supply is reduced in the market.

Waiting BTC back $300 and hold some coins. ;D

Local exchanger in my country today BTC price has touched below $300 and I already buy, then I will hold up to $350. do not wait for the price is too high, which is important I already get profit :)

Tell that to Satoshi you retard.

Some people here are expecting that the bitcoin Price will go again $350 levels at the same time some people of fear you don't fall towards $240 levels again. This must be a very crucial situation whether we need to hold or to sell or not to buy.

I say spend it! you never know, you'll die the next day. your btc will be lost forever or someone will spend it for you.

Now remember. The people who don't own any Bitcoin, can hodl it. So, to hodl it, they gotta buy some.    :D

Now already 300 so would you like to sell? Looks like Prices slowly going back to 200 level

Hodling is beneficial for a time that Bitcoin becomes a major world currency. It may take a long while, or it might happen by default when fiat destroys itself.

I mean, if a loaf of bread costs 1 bitcoin today, but it costs 1 satoshi 10 years from now, 1 bitcoin sounds like a great investment to me. I'll hodl at least some.

:)

Don't Hodl!!! Don't Spedn!!! Byu!!!

Nah, it doesn't work...

People who tell you to SPEDN are likely to be HODLING in disguise  ;D

Thats said Fci definitely got a point when saying that people could HODL bitcoins and SPEDN them at the same time just by rebuying bitcoins immediately after using them.

I believe trying to control the Bitcoin economy by suggesting to HODL or not would not work toward anyones good. It's left to ones personal interest on whether they prefer to save it or spend it over a span of time. I usually prefer to spend very little cause I earn very little of it, and thus I intend to HODL the majority as a part of saving. Long term saving for Bitcoin can also turn out to be a good form of investment.

Okay, work for it and get some that way. Or get some free from a faucet. Then hodl, and maybe spedn.

:)

As has been explained numerous times: holding and spending are not mutually exclusive.

If everybody is sitting on their coins doing nothing with it, Bitcoin will go nowhere. It won't go anywhere near the moon if nobody uses it.

By spending bitcoins on actual products and services + buying back the same amount of bitcoins (on exchanges or wherever), you are essentially hodling (keeping the same amount of coins) AND helping the Bitcoin economy grow, AND adding to market demand on the exchange, all at the same time.

It's beyond me how the f*ck people can't see this :-\

I believe bitcoin will rise again to $350, but I also fear bitcoin back to $250. but this time I see bitcoin fairly stable at $305. so I am quite confused, whether we will continue to go down or up in this month.

it would work if everyone was doing it, but it's not the case

simply sending it's also not good, it can only lead to a price dump, because merchants are not holders, they dump everything

What ??? How can the ultra volatility of the past few days possibly be considered 'fairly stable'?

dinda22 probably means that they think bitcoin will stabilize at $305.

Well OP advice turned out to be right. Value has gone down a lot, and would have been better to spend at the high point, taking advantage of that.

This is the new normal  :)

Yes, yes, all of YOU spend your coins...I'll just sit here and browse the internet looking for something to buy, i have such trouble making these decisions...so much to consider...so much to buy....have you spent your bitcoins yet? I'm still waiting...

Not necessarily. If the advertising is right, people will see all the hodlers, and realize there must be value, and buy. Of course, they can't buy if the if nobody sells (spedns), right? So, the whole idea is not being said the right way. Hodlers don't mean that 100% of the people should hodl all the time.

:)

Sorry OP, I don't really need anything right now and i'm not going to throw away my coins away. I prefer to throw fiat away and hold coins.

The fact is the volatility of bitcone keeps making some people get a great income on the buy and sell,last week bitcoin on 400 dollars who sold made a profit from the last months of this year,now they can rebuy more bitcoin with the same ammount they had sold.

I sold some of my coins above 450$ and now started accumulating in small quantities from 300 range. So in this way I make more profits instead just holding on btc.

None of the things I want have been invented yet :'(

What is "Hodl"? Is that the guy in Harry Potter?

Where have you been?!? Tagged for obviously being a bought account. Just kidding.

Hodl = hold.

---

As long as the majority of people keep trading bitcoins, it's fine to hodl bitcoins. And the majority will most likely keep trading; plus, most people who are hodling don't have a large amount, anyways.

Look at the other peculiar word 'spedn' and maybe you'll start to see a trend.