romero121
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July 18, 2016, 04:35:27 PM |
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Storing of bitcoin is not entirely against bitcoin, at times this storing decreases flow or the circulation which is required for the increase of bitcoin price. For this reason everyone needs to spend at least small amount periodically.
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Vika NSFW (OP)
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July 18, 2016, 04:50:06 PM |
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holding become the elevator for some people who having the biggest amount become a rich people in a short time. And that is the easy way ride elevator by everyone to be a rich.
The problem is a hughe amount of people, who was Recruited in "Investors In Bitcoin" by "Free Experts In Rising of BTC/$ exchange Rate to the Sky". The extreme form of them - is about believing in exchange Rate something as 1 BTC = $ 100.000. or more. The "Free Experts" are disappear from web editions of cheap and serious sites, but the Army of "Investors In Bitcoin" is here.
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isvicre
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July 18, 2016, 06:06:11 PM |
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I answered this same question a couple of pages back but was offered no response.
It's much safer to hold than to lend, perhaps you have been lucky or you have some anecdotal evidence that it xan be safe but it isn't. I say that after putting a large volume of loans out over a large period of time. Any potential profit was wiped out by the scammmers.
Sorry, to much messages to read. Seems p2p is working only for $ and €. So, no serious p2p lending stuctures for BTC? A bad thing. It's difficult to make a platform that is safe for btc because it is kind of anonymous. It's not hard for people to play a long scam, build trust and then exit with a large loan. Just like it's worth it for someone from Indonesia or India to perform a scam for 20-200 dollars because it's a huge amount for them. The fact is this kind of platform needs to be run very well to cut down the scammers and if you read a bit about btcjam here you can see they really just don't cut it. They do not care and they lie, until a better company comes along I wont be p2p lending again ans I certainly wont be adding profits to btcjam.
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Superbitzz
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July 18, 2016, 07:07:53 PM |
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I personally would love if people were spending more BTC ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I do understand however why people are holding. i am not agree with you. i think every one has the right to use or hold bitcoin. i think there is no restriction about to use your bitcoin or to hold it. so i dont think that it is against the law to use bitcoin or hold it for the future.
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Vika NSFW (OP)
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July 18, 2016, 07:11:11 PM |
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p2p lending
I see European p2p € lending structure called bondora, seems, they are able to extract the money from debitors
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phreaky
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July 19, 2016, 02:37:44 PM |
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Most people store their Bitcoin because they think that in the future the price is going to be higher then ever so that they can make much money. It is not sure that it is going to happen but people just do not like it as a currency.
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Cresciuanto
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July 19, 2016, 03:28:42 PM |
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Most people store their Bitcoin because they think that in the future the price is going to be higher then ever so that they can make much money. It is not sure that it is going to happen but people just do not like it as a currency.
no people like it and consider it as a currency. but the problem is that most of the people have no opportunities to use it as a currency. therefore they only compromise on to hold it for the price increase. and that is also a fact that the price of bitcoin i will increase more and more in future.
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Vika NSFW (OP)
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July 19, 2016, 05:11:13 PM |
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also a fact that the price of bitcoin i will increase more and more in future.
Why You are talking about the price? There is no shop with the prices. The exchange rate is made on the Market and it goes down perfectly. Paying options are not ended on Bitcoin.
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Superbitzz
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July 19, 2016, 06:49:13 PM |
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So storing of bitcoins has no problem in my point 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.
This is a supply and demand question, Monetarysm. supply and demand is some thing else. but why should i not keep my property. the bitcoin i have is my property and i have the right to store it or use it . no one has any concern with it. and that is not against the law.
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bestluck
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July 19, 2016, 08:48:36 PM |
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I personally would love if people were spending more BTC ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I do understand however why people are holding. Spending and holding both are the part of any currency, it is the money of people and they have full right on it so they like other currency when need, have to spend, and when have more, they have to hold.
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ASHLIUSZ
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July 20, 2016, 02:33:05 AM |
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I personally would love if people were spending more BTC ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I do understand however why people are holding. Spending and holding both are the part of any currency, it is the money of people and they have full right on it so they like other currency when need, have to spend, and when have more, they have to hold. Bitcoin will help you in any situations like other currencies. So it's our own wish to save for future or to spend now. I think it is not against bitcoin and not against the law.
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darklus123
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July 25, 2016, 11:31:27 AM |
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Agreed. Bitcoin revolves around it's system of a public ledger. What use is this when no one's using it? Storing bitcoin is just in the hope of the price going up. But if everyone does this, then the price will just go down.
if people holding bitcoin,the supply will be decreased, if the amount of people who holding bitcoin increasing day by day automatically the supply will be decreased day by day and will result the demand not fulfilled so the price increase that's how thing works That is how i also think but bitcoin should also circulates in the market to prove its existence , because i think when no one uses it because all stores it would be useless
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serjent05
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July 25, 2016, 05:42:06 PM |
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Agreed. Bitcoin revolves around it's system of a public ledger. What use is this when no one's using it? Storing bitcoin is just in the hope of the price going up. But if everyone does this, then the price will just go down.
if people holding bitcoin,the supply will be decreased, if the amount of people who holding bitcoin increasing day by day automatically the supply will be decreased day by day and will result the demand not fulfilled so the price increase that's how thing works That is how i also think but bitcoin should also circulates in the market to prove its existence , because i think when no one uses it because all stores it would be useless That is how things work yes, but if all people hoard bitcoins, some will just forget about it and move on to another digital currency that is available in the market. And that is how system work. If the main aim isn't available, people tend to get the next available target. Then all people taking the 2nd available coins, in due time this coin will surpass the unused hoarded bitcoin.
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Cereberus
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July 25, 2016, 07:25:49 PM |
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For me its not. Do not worry that bitcoin needs to be used in order to be in existence. It will be used by the markets on the hidden internet. Many people like to store their bitcoins. Storing bitcoins is not against bitcoin as you are just a drop in the ocean comparing to people using the markets on the hidden internet.
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praprata
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July 25, 2016, 09:09:04 PM |
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For me its not. Do not worry that bitcoin needs to be used in order to be in existence. It will be used by the markets on the hidden internet. Many people like to store their bitcoins. Storing bitcoins is not against bitcoin as you are just a drop in the ocean comparing to people using the markets on the hidden internet.
I agree with this, bitcoin is good whatever way you use it. There is no leader or board of directors who can tell you what to do. Whatever you do, is fine, but make sure to store them safe by storing them offline.
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Doamader
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July 25, 2016, 10:34:45 PM |
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With bitcoins you are the person that can and will choose what to do, can invest, store, lend, or make anything else the thing is nothing related to bitcoin is against it, as we have full control and power over our money. We dont need to ask our money back, to pay a fee to let our coins saved.
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X7
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July 25, 2016, 10:37:29 PM |
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Storing of Bitcoins is against Bitcoin. No one will offer services for Bitcoin. Spend Your Bitcoins.
How is it against bitcoin? it adds value. Worth noting for you by the way Bitcoin is the PROTOCOL and bitcoin is the CURRENCY.
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For what shall it profit a man, if he shall gain the world, and lose his own soul?
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richardsNY
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July 25, 2016, 10:39:58 PM |
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With bitcoins you are the person that can and will choose what to do, can invest, store, lend, or make anything else the thing is nothing related to bitcoin is against it, as we have full control and power over our money. We dont need to ask our money back, to pay a fee to let our coins saved.
That's right. Bitcoin can be seen as a multifunctional tool that can basically offer anything a person might need. It's great that we can choose to use something instead of getting forced to use something we don't want. I wish more people would appreciate Bitcoin the way it is.
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boyptc
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July 26, 2016, 12:50:46 AM |
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Storing of Bitcoins is against Bitcoin. No one will offer services for Bitcoin. Spend Your Bitcoins.
How is it against bitcoin? it adds value. Worth noting for you by the way Bitcoin is the PROTOCOL and bitcoin is the CURRENCY. Well maybe I got his point. he is saying that storing is against Bitcoin because it is not helping the adoption of bitcoin in the ecosystem. So he is saying that we must spend it, so that we are going to help the adoption of bitcoin and help to circulate bitcoin in the market. But it seems a lot are holding.
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