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Author Topic: Storing of Bitcoins is against Bitcoin.  (Read 41821 times)
barbara44
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February 22, 2016, 04:59:58 PM
 #81

May be storing of bitcoin is against of bitcoin, because if every one start to store their bitcoin, and don't spend it anywhere, then it probably bad for bitcoin miners, some of them definitely rely on transaction fees also.
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Wobberdk
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February 22, 2016, 05:08:27 PM
 #82

This sentence makes no sense to me. Stating that "Storing of Bitcoins is against Bitcoin" is the same as "Storing of GOLD is against GOLD". The purpose of a currency is to facilitate trades AND be a useful value storage tool.
Vika NSFW (OP)
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February 22, 2016, 05:09:48 PM
Last edit: February 22, 2016, 05:49:23 PM by Vika NSFW
 #83

1 -there is not enough services that accept bitcoin directly, so the only viable option remaining is to store bitcoin for the future

1 -
Just walk around Your city, and investigate, who from product or service delivers was asked to be payd with bitcoins in last 3 years.

Make a video about it and put on Youtube monetization

Knock at Your shop or service/product deliver with Bitcoin code.


2 -  its good to hold your bitcoins for a price increase because


3 -  I think some people are just want to promote their website but this is a stupid way to do that if you ask me.

2 -

"Trees Don’t Grow to the Sky"
Stupid storing of Bitcoins without diversification have put You in losses?
Are You blind, dude?

3 -  I think some people are just want to promote their signature and not BTC related business.
And have nothing to contribuite to the topic.

Vika NSFW (OP)
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February 22, 2016, 05:41:55 PM
 #84

This sentence makes no sense to me. Stating that "Storing of Bitcoins is against Bitcoin" is the same as "Storing of GOLD is against GOLD". The purpose of a currency is to facilitate trades AND be a useful value storage tool.

How will comportate the exchange price of Bitcoin if the ask will growing
in the front of expanding offers of services in BTC and people with fiat in the hand to buy BTC to use BTC delivered services and products??

barbara44
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February 22, 2016, 06:05:31 PM
 #85

If some one store his bitcoins just he waits for price increase and then he sells them. Then it is not against bitcoin I think..
But personally I do not store bitcoins, I always try to spend them in different things and sites.
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February 22, 2016, 06:07:20 PM
 #86

If some one store his bitcoins just he waits for price increase and then he sells them. Then it is not against bitcoin I think..
But personally I do not store bitcoins, I always try to spend them in different things and sites.

That's why it's money. To be spent.

Herbert2020
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February 23, 2016, 05:40:46 AM
 #87

i don't understand how this
Just walk around Your city, and investigate, who from product or service delivers was asked to be payd with bitcoins in last 3 years.
Make a video about it and put on Youtube monetization

is the respond to this
1 -there is not enough services that accept bitcoin directly, so the only viable option remaining is to store bitcoin for the future

let me ask you this way.
you are telling us in the op to spend our bitcoin
Spend Your Bitcoins.

ok i am all for spending my bitcoins
these are my day to day expenses and how i spend money (cash)
- paying my apartment
- paying bills (Electric, gas,....)
- paying loans to bank
- buying groceries
- paying for transportation (taxi, bus, train,...)
- paying for gas at the gas station to put in my car
- buying other good for living like clothes and other stuff
- ...

now you show me which one of these i can pay for with bitcoin directly. and i mean directly not with a third party who will charge additional fees.


Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
zPanda
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February 23, 2016, 05:49:53 AM
 #88

Storing Bitcoins is alright, but not spending it at all isn't a good idea, because it doesn't stimulate the Bitcoin Economy. Maintain an Equilibrium.
Genius Einstein
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February 23, 2016, 06:05:32 AM
 #89

I do not understand what you are saying but if you are talking about spending bitcoins i am and i think bitcoin is such a great thing

Vika NSFW (OP)
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February 24, 2016, 03:08:35 AM
 #90

i don't understand how this
Just walk around Your city, and investigate, who from product or service delivers was asked to be payd with bitcoins in last 3 years.
Make a video about it and put on Youtube monetization

is the respond to this
1 -there is not enough services that accept bitcoin directly, so the only viable option remaining is to store bitcoin for the future

let me ask you this way.
you are telling us in the op to spend our bitcoin
Spend Your Bitcoins.

ok i am all for spending my bitcoins
these are my day to day expenses and how i spend money (cash)
- paying my apartment
- paying bills (Electric, gas,....)
- paying loans to bank
- buying groceries
- paying for transportation (taxi, bus, train,...)
- paying for gas at the gas station to put in my car
- buying other good for living like clothes and other stuff
- ...

now you show me which one of these i can pay for with bitcoin directly. and i mean directly not with a third party who will charge additional fees.



Knock Them all with a bitcoin code.
They will try to become a exchander or accept BTC directly, if the asking to paying in BTC wo;; growing.
Someone must to start for BTC prices asking.

Vika NSFW (OP)
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February 24, 2016, 03:13:21 AM
 #91

I do not understand what you are saying

Wich part of "saying"?

kyrios_
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February 24, 2016, 04:39:00 AM
 #92

This sentence makes no sense to me. Stating that "Storing of Bitcoins is against Bitcoin" is the same as "Storing of GOLD is against GOLD". The purpose of a currency is to facilitate trades AND be a useful value storage tool.

The idea behind it is how one looks at bitcoin. As a speculative asset you hold just to increase your wealth? Or as a currency people use daily. There's nothing wrong with holding bitcoin. Just that there are a lot people viewing it as an asset such as gold. Bitcoin is not meant to be an asset, it is meant to be used as a currency. That is why OP says that storing bitcoin is against the purpose of bitcoin
OnTheMF
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February 24, 2016, 04:43:55 AM
 #93

This sentence makes no sense to me. Stating that "Storing of Bitcoins is against Bitcoin" is the same as "Storing of GOLD is against GOLD". The purpose of a currency is to facilitate trades AND be a useful value storage tool.

The idea behind it is how one looks at bitcoin. As a speculative asset you hold just to increase your wealth? Or as a currency people use daily. There's nothing wrong with holding bitcoin. Just that there are a lot people viewing it as an asset such as gold. Bitcoin is not meant to be an asset, it is meant to be used as a currency. That is why OP says that storing bitcoin is against the purpose of bitcoin
This is totally depends upon the users whether to spend it or hold it.

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pooya87
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February 24, 2016, 05:20:58 AM
 #94

This sentence makes no sense to me. Stating that "Storing of Bitcoins is against Bitcoin" is the same as "Storing of GOLD is against GOLD". The purpose of a currency is to facilitate trades AND be a useful value storage tool.

The idea behind it is how one looks at bitcoin. As a speculative asset you hold just to increase your wealth? Or as a currency people use daily. There's nothing wrong with holding bitcoin. Just that there are a lot people viewing it as an asset such as gold. Bitcoin is not meant to be an asset, it is meant to be used as a currency. That is why OP says that storing bitcoin is against the purpose of bitcoin

i agree. there is nothing wrong with storing (hodling) bitcoin.

although bitcoin was meant to be used as a currency, it is still in its early stages and since the price is not at all stable, most of the usage is as an investment.

but in time (which is not now) this will change and bitcoin will become a currency.

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LeonBlack222
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February 24, 2016, 07:39:09 AM
 #95

This thread is hilarious.

Can we all just agree to spend all our bitcoins on OP's site?   Wink
That will not only help bitcoin but will help OP, which is the purpose of this thread  Tongue
Nice promo work though OP, reeeaaalll smooth
BlueStackz
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February 24, 2016, 12:59:39 PM
 #96

i don't understand how this
Just walk around Your city, and investigate, who from product or service delivers was asked to be payd with bitcoins in last 3 years.
Make a video about it and put on Youtube monetization

is the respond to this
1 -there is not enough services that accept bitcoin directly, so the only viable option remaining is to store bitcoin for the future

let me ask you this way.
you are telling us in the op to spend our bitcoin
Spend Your Bitcoins.

ok i am all for spending my bitcoins
these are my day to day expenses and how i spend money (cash)
- paying my apartment
- paying bills (Electric, gas,....)
- paying loans to bank
- buying groceries
- paying for transportation (taxi, bus, train,...)
- paying for gas at the gas station to put in my car
- buying other good for living like clothes and other stuff
- ...

now you show me which one of these i can pay for with bitcoin directly. and i mean directly not with a third party who will charge additional fees.



I am paying my electric and telephone bills with bitcoin via www.paybill.io . it accept bitcoin, no need to exchange bitcoin in fiat money.. take a look. but I am not sure it works in your country or not..
neonshium
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February 24, 2016, 02:13:53 PM
 #97

Storing Bitcoins is alright, but not spending it at all isn't a good idea, because it doesn't stimulate the Bitcoin Economy. Maintain an Equilibrium.
You are right mate. Maintaining of bitcoin's equilibrium is more important for growth for it's system. You can store bitcoin but not forever, one day you need to spend them in some how. Now it is up to you spend your bitcoin now or later.
Kprawn
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February 24, 2016, 02:45:41 PM
 #98

This sentence makes no sense to me. Stating that "Storing of Bitcoins is against Bitcoin" is the same as "Storing of GOLD is against GOLD". The purpose of a currency is to facilitate trades AND be a useful value storage tool.

The idea behind it is how one looks at bitcoin. As a speculative asset you hold just to increase your wealth? Or as a currency people use daily. There's nothing wrong with holding bitcoin. Just that there are a lot people viewing it as an asset such as gold. Bitcoin is not meant to be an asset, it is meant to be used as a currency. That is why OP says that storing bitcoin is against the purpose of bitcoin

The OP has a hidden agenda, because he/she wants people to spend Bitcoin and in the process increase the chance that they might spend it on his services. {Live

webcams} If everyone is hoarding Bitcoin, less would be available to be spend on his/her site. I find the best approach to this is too have a even balance, between the

amount you hoard and the amount you spend. Let's hope a 50/50 ratio would still stimulate trade and also increase the price.  Roll Eyes

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Vika NSFW (OP)
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February 24, 2016, 09:04:40 PM
 #99

The OP has a hidden agenda, because

Explain, please, why people need thinking not, that Your post is a signature spam, and conribuite nothing to the topic?

tn211
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February 24, 2016, 09:28:27 PM
 #100

Storing Bitcoins is alright, but not spending it at all isn't a good idea, because it doesn't stimulate the Bitcoin Economy. Maintain an Equilibrium.

You are right and if you think about the future that is coming for the bitcoin it would be stupid if you ask me right ?
I think if you hold them now you are doing it right because you can make a lot of profit with it, also spending is good but both is better because your are indeed helping the bitcoin economy.
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