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Author Topic: Storing of Bitcoins is against Bitcoin.  (Read 41821 times)
Alley
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February 24, 2016, 09:42:23 PM
 #101

So is OP saying all 15 million coins should be in constant circulation?  This doesn't make any sense.  If I want to buy bitcoin I have to buy from somebody who is storing them.
Vika NSFW (OP)
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February 24, 2016, 09:53:43 PM
 #102

If I want to buy bitcoin

If You sell products and services not in BTC, and You will have BTC, rigt, You will go to exchanger, not to one, who store them.

When at exchanger will grow the ask on BTC, what will succeed with BTC exchange level?

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February 24, 2016, 10:20:22 PM
 #103

What do you wish to imply here ? One must not use bitcoin as an asset for financial security like the fiat ,it must be used away like throw away giftcard or any other digital free stuff?I can totally rely on the fact that the usage of bitcoins should be encouraged thereby promoting the mutual growth but the plan is to replace the fiat and so on.For that,savings do play an important aspect and it does not cut out any of the bitcoin's usage polices.
Vika NSFW (OP)
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February 24, 2016, 10:31:15 PM
 #104

the plan is to replace the fiat

How it possible if people is waiting on exchange rate BTC1=$100.000.?

Anddos
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February 24, 2016, 10:47:26 PM
 #105

The thing is that bitcoin must be used in order to have value. If you hold it it's like holding a rock.

BlueStackz
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February 25, 2016, 03:27:01 PM
 #106

Storing of bitcoins has no harm in my view and it is up to a user. As you can store any other currency, similarly you can store and save the bitcoins. There is no harm in it. Investing bitcoin is also a better choice instead of storing bitcoins.
Vika NSFW (OP)
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February 25, 2016, 03:31:30 PM
 #107

Investing bitcoin is also a better choice instead of storing bitcoins.

Investing "money" and diversificate investing - yes.
But Bitcoin need the diffusion in society of consuming and goods and services delivery.

Snail2
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February 25, 2016, 03:40:37 PM
 #108

Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.

You are right, but spending on what? Until now the only useful stuff I've ever seen here was some cigarettes smuggled from Latvia Smiley.
Vika NSFW (OP)
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February 25, 2016, 04:09:04 PM
 #109

You are right, but spending on what?

Put me any product, i will give you bests codes from Amazon, to buy with exchanger.
Just find a exchanger You like.

Knock at Your products and Services delivers with a BTC cod in the hand.
Let them know about this opportunity to earning and to this consumers community.

Bitware
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February 25, 2016, 04:12:42 PM
 #110

I believe that you should manage your bitcoins like any other wealth. Spend what you need to and save what you don't need to spend.
Vika NSFW (OP)
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February 25, 2016, 04:21:12 PM
 #111

and save what you don't need to spend.

This is a dumb bad thing. No "saving", but diversificate capital.

ATguy
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February 25, 2016, 04:27:39 PM
 #112

Many would not spend everything even if all their income was in Bitcoin. But basically you need increase number of people with Bitcoin as main income, because model buy at exchange and spend cannot work because of unnecessary exchange fees - thats why most who buy at exchanges consider it investment.

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BitsandBites
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February 25, 2016, 04:41:43 PM
 #113

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

Great reply, it makes sense that the OP wants people spending bitcoins in his services.
I still prefer saving a little more than spending, I see this more as an investment.
Zocadas
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February 25, 2016, 06:04:35 PM
 #114

I store most of my bitcoin as a long term investment. I also use some if I have to. The usage will increase the value.
knowhow
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February 25, 2016, 07:39:21 PM
 #115

I got the point but this by some people its a short,medium and long term investment soo  spending it  just for fun makes no sense,since  all like the game buy and sell and taking profit with it.
martinacar
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February 25, 2016, 08:27:09 PM
 #116

I think its not against the bitcoin, because you can spend the bitcoin and hold it, its both pretty good for the economy of the bitcoin itself, if you ask me there are nothing different about that.
The point that storing your bitcoins is bad is not true because, from the beginning people are doing it already and you can make a lot of profit because of it so..
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February 25, 2016, 08:43:28 PM
 #117

Bitcoin is money, and money should have the ability to be stored. Storing it does not benefit adoption much, but might benefit value (as supply is reduced) which in turn is good for adoption too.


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February 25, 2016, 08:51:16 PM
 #118

Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.
To some extent it is true.Bitcoin is a money and should be treated like money but many of us consider it as an asset like gold which will increase in value with time.What really stop people from spending their bitcoins is that there are not many job available that pays salary in bitcoin and bit is hard to buy for common man so whatever bitcoin they get or have,they want to hold it to make profit by selling it when price is high

Vika NSFW (OP)
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February 25, 2016, 09:03:00 PM
 #119

they want to hold it to make profit by selling it when price is high

Investing in currencies with no diversification is a fail investiment strategy.

praprata
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February 25, 2016, 09:17:19 PM
 #120

I think its the opposite holding your bitcoin is pretty good, if you hold your bitcoin now as a example you will make money for sure because of the halving that is coming.
Also spending can be good for the economy of course but this together is making the market price right ?


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