ATguy
|
|
March 14, 2016, 09:00:33 PM Last edit: March 14, 2016, 09:14:46 PM by ATguy |
|
Storing bitcoins is somewhat against the concept of bitcoin
Bitcoin is not debt based currency (thus much harder to get Bitcoin loan without adequate corrateral - now compare to fiat loans, unless your in debt already you can borrow small amounts (about 1 month wage) at many banks without any corrateral), you first have to accumulate enought Bitcoins in order to be able to buy something. I think it is just a matter of time when anyone spends his/her Bitcoin savings.
|
|
|
|
LiberOptions
|
|
March 14, 2016, 09:11:57 PM |
|
Why should you say that? Of course that for a heathy growth bitcoiners should trade their coins and not hold them. However and since everyone knows the true value of bitcoin, no one wants to sell all their coins.
|
|
|
|
sachung
|
|
March 15, 2016, 01:13:21 PM |
|
Spending it when there is something worth spending it on, otherwise it would be just throwing away your money, I think it's better to use bitcoin than just holding it even if holding it is a pretty decent investment.
|
|
|
|
aso118
Legendary
Offline
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
|
|
March 15, 2016, 03:46:34 PM |
|
Everybody has a role to play in the bitcoin ecosystem - the hoarders - the investors - the gamblers - the spenders
Nothing wrong in some people holding bitcoins and not spending them.
|
|
|
|
simonloff
|
|
March 15, 2016, 04:10:43 PM |
|
Storing money is against the purpose of money but no one will take all their money and throw it on the street or the like, I think people should use bitcoin when they find something worth using the bitcoins on, In that case it's worth spending IMO.
|
|
|
|
jayhawk1
|
|
March 16, 2016, 10:18:16 AM |
|
Spending bitcoin generally is not the best thing to do if you have plenty, it's not good to waste money and the same about bitcoin, I think people should use bitcoins just when they need to spend bitcoins.
|
|
|
|
Vika NSFW (OP)
|
|
March 16, 2016, 08:31:24 PM |
|
it's not good to waste money
What do You thinking about Webmodel Help on preventing the Prostatitis trough masturbation? This is a waste of money or a Bitcoin tip to contribute for Your health?
|
|
|
|
iGotSpots
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
|
|
March 16, 2016, 09:33:41 PM |
|
Last I heard, the person who MADE Bitcoin has more of them stored than all of us combined
|
|
|
|
Holliday
Legendary
Offline
Activity: 1120
Merit: 1012
|
|
March 16, 2016, 10:16:40 PM |
|
Doing whatever-the-fuck-you-want with your money, including deferred consumption, is what Bitcoin is all about. Be wary of anyone trying to tell you otherwise.
I suspect this thread is more about advertisement anyway.
|
If you aren't the sole controller of your private keys, you don't have any bitcoins.
|
|
|
romero121
Legendary
Offline
Activity: 3234
Merit: 1214
casinosblockchain.io
|
|
March 17, 2016, 02:24:32 AM |
|
Storing of bitcoin reduces the circulation in the market. But this can't be considered against bitcoin. Now it is not much easy to spend your bitcoins directly, it needs to be converted. So that also creates a increase in fiat circulation rather than bitcoin.
|
|
|
|
vdramaline
Newbie
Offline
Activity: 35
Merit: 0
|
|
March 17, 2016, 05:30:18 PM |
|
I think everyone is free to use there coins however they like and that's one of the key concepts about bitcoin generally IMO, if someone wants to hold them they can do it "they can do that with fiat too".
|
|
|
|
BitcoinHodler
|
|
March 17, 2016, 06:06:26 PM |
|
i think this is true about any form of currency. because IMO storing any currency is wrong whether it is fiat or btc. you should always try and work with your money and invest in in different businesses or try to start a business yourself with that money if it is big enough.
|
Holding Bitcoin More Every Day
|
|
|
Vika NSFW (OP)
|
|
March 18, 2016, 04:14:34 PM |
|
it needs to be converted. So that also creates a increase in fiat circulation rather than bitcoin.
It create a healty exchange rate and high liquidity.
|
|
|
|
Blackmet
|
|
March 18, 2016, 07:04:20 PM |
|
Most of people don't think about bitcoin, they think about theirs good and AMO it's right! Careing about yourself can make you rich and succsessful. selfish but true
|
|
|
|
rienelber
|
|
March 18, 2016, 07:46:43 PM |
|
Well, I think some people maybe saving and storing their money in bitcoin as an investment and for their future. I don't think it really matters what people do with their bitcoins, whether they store it, invest it or spend it is totally up to them.
|
|
|
|
newcoins1978
|
|
March 18, 2016, 08:58:25 PM |
|
I do not think its against the bitcoin because now its good and the bitcoin is going to rise to a higher amount. Holding, buying/selling its all the same in my opinion.
|
|
|
|
umaOuma
|
|
March 18, 2016, 09:00:50 PM |
|
Storing it for too long is against bitcoin, but if you spend it on regular interval then everything is fine, spend your coins guys and that's the reason you are earning it.
|
|
|
|
samlanhan1
Member
Offline
Activity: 73
Merit: 10
|
|
March 18, 2016, 09:53:29 PM |
|
I don't see why you wouldn't use Bitcoin like any other currency. No one promotes spending every fiat dollar you have .
|
|
|
|
|
angaper
|
|
March 19, 2016, 12:24:23 AM |
|
I don't think so mate. When you really value something, you try to keep it with you for long, like gold. In my opinion storing bitcoin is useful to increase its price in the long run, because there are few people selling and many people trying to get it.
|
|
|
|
|