More people have to hold BitCoin

[7788bitcoin]

I think we will need a balance between holding and spending. If everyone just hold their bitcoin, it will kill the potential of bitcoin.

[VirosaGITS]

I think we will need a balance between holding and spending. If everyone just hold their bitcoin, it will kill the potential of bitcoin.

There are already tons of people holding. Just look at the liquidity of BTC, the volume and how many BTC are listed at exchanges. The majority of BTC are lost or being held, so this whole topic is a Fallacy.

What we need is to continue making BTC accepted in more and more places.

[aso118]

I think we will need a balance between holding and spending. If everyone just hold their bitcoin, it will kill the potential of bitcoin.

People have to be incentivized to spend.
The savings (credit card fees, etc) should be passed back to consumers. Then spending of bitcoins will increase.

[c3rv3au]

I agree with all that. The subject of this thread is wrong. I meant more people should have bitcoin instead of holding.

[dothebeats]

Nice idea, this would at least give adoption some boost. One question: what would the website be about if in case it goes live? That would probably be a huge factor in gaining traffic. Also, there are already many holders, what we need are people who are willing to spend to boos the economy.

[Q7]

Rather than holders, I think more important is we need spenders and along with it comes the services where we can actually utilize the coins. We need that kind of services that creates a demand and encourage people to use their stash instead of hoarding. Something developed and built around a healthy economy. Instead of flow of cash, we need the flow of coins moving around.

[Mickeyb]

Rather than holders, I think more important is we need spenders and along with it comes the services where we can actually utilize the coins. We need that kind of services that creates a demand and encourage people to use their stash instead of hoarding. Something developed and built around a healthy economy. Instead of flow of cash, we need the flow of coins moving around.

Honestly we need a bit of everything. Holders are still more welcome than people that haven't heard of Bitcoin. I mean holders are at least involved. We shouldn't judge holders like this.

We have given a product to the world, let them decide how will they use it. Some will hold, some will spend. Both situations are OK for me!

[NeuroticFish]

I don't like the fact that an advertising for a product/service is in bitcoin discussion instead of services and has the title like it would be a discussion.

And I don't agree with the title "More people have to hold BitCoin". First of all we need more whales to put their money into bitcoin - either as stocks, either to support bitcoin related projects.

[randy8777]

People will always spend their bitcoin, you can't force not to spend it. People will have the ultimate control over their bitcoin.

forcing people to not spend is just beyond insane. bitcoin is made to be spent on thing. that's freedom. we decide what to do with our coins. 

[RKing]

People will always spend their bitcoin, you can't force not to spend it. People will have the ultimate control over their bitcoin.

forcing people to not spend is just beyond insane. bitcoin is made to be spent on thing. that's freedom. we decide what to do with our coins.  

Hold and spend bitcoin. When you spend bitcoin, it will make it useful as a currency so more people will use it.

[c3rv3au]

I don't like the fact that an advertising for a product/service is in bitcoin discussion instead of services and has the title like it would be a discussion.

And I don't agree with the title "More people have to hold BitCoin". First of all we need more whales to put their money into bitcoin - either as stocks, either to support bitcoin related projects.

Sorry for that, my mistake ;-) Hope your will pardon me ;-)