Storing of Bitcoins is against Bitcoin.

[mace15]

I don't know what are you trying to imply here. Storing of
bitcoin is not against bitcoin. You know that storing of bitcoin
in any wallet makes also  earn profit every withdrawal they
make. Thus, storing and spending bitcoin makes good and
not against bitcoin.

[madwica]

I don't know what are you trying to imply here. Storing of
bitcoin is not against bitcoin. You know that storing of bitcoin
in any wallet makes also  earn profit every withdrawal they
make. Thus, storing and spending bitcoin makes good and
not against bitcoin.

Storing bitcoin in wallet with long time can affect on increasing price of bitcoin, spending bitcoin can help to boost the price of bitcoin because the demand will continue to increase also the price will increase too while if we keep holding the demand will increase slowly.

[severaldetails]

That fact that bitcoin can be used as payment in shops is the main difference between bitcoin and altcoins.
Businesses have grown on that fact and those businesses are the interface between bitcoin and the economy and the reason why the economy is beginning to accept bitcoin largely.
By storing bitcoins exactly that point gets weakened.
When the bitcoin payment systems should turn out to be not profitable anymore because too much coins are stored instead of used, the image of bitcoin in the economy will start to fade.
That would clearly not be to the benefit of bitcoin.

[Xenophoto]

Soo those people who lost access to their coins the early adopters, they are storing against their wishes, the number of bitcoin losted i believe its huge, and i believe Nakamoto has some similiar situation, maybe some problem affected him and might be dead already with those coins stored forever into the wallet, till a family get his things or sell them. I dont see any problem about those, the coins in circulation are more then enought to cover the costumers interests.

But we can always look at the bright side. If more and more Bitcoins are stored and lost forever, then there would be less Bitcoins that's being circulated. Eventually, Bitcoin will be scarce because of that reason. I think once a Bitcoiner dies, his Bitcoins will remain in his wallet unless somebody near him knows how to import a private key or somebody guesses his password in Blockchain. There's no other way to recover a trapped Bitcoin but that.

[Bitcoinbro]

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

So is storing fiat is againts fiat. I learned that in my economics tax thing class during college but I never payed attention to it because numbers are hurtig my head.

storing fiat is not against it and i doubt that storing bitcoins is a bad thing, i think she was talking about the idea if all the people would store it as there would be nothing to spend then or buy

It is against the the circulation of bitcoin though which has a bad negative impact on the bitcoin value.
But for investors it's best not to spend them obviously cause that is counterproductive if you want to save as much as you can.

[1Referee]

Soo those people who lost access to their coins the early adopters, they are storing against their wishes, the number of bitcoin losted i believe its huge, and i believe Nakamoto has some similiar situation, maybe some problem affected him and might be dead already with those coins stored forever into the wallet, till a family get his things or sell them. I dont see any problem about those, the coins in circulation are more then enought to cover the costumers interests.

To be more precise, the current coins in circulation will never be a problem since the majority of the people can't afford a whole Bitcoin. And the higher the price goes, the lower the amounts will be that people can afford, and thus there will always be enough coins. Perhaps even too much.

[sishendaoye]

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

You mean we shouldn't use bitcoin only to store value?

Well storage is part of every kind of currency. It's important to be able to store value.

storing bitcoin i think is depends of people how they manage bitcoin.. bitcoins for me is important we are storing bitcoin is important because we are expecting more with bitcoin. for the future..

Indeed we are storing bitcoin for the future cause we want to have this investment succeed and then have as many shares as possible.
Only problem is storing bitcoin for that long goes against the success of bitcoin making it less chance to succeed.

[bitbitero]

Just don't hold bitcoins so that you are not against bitcoin.

[TheUltraElite]

I do not understand the main reason why I would sell my bitcoin if I am in a loss? Is it not better to store and save it for now?

Moreover my country local stores have never heard of bitcoin and probably will not do so in another two decades. So only way for me to use the bitcoin is to convert it to fiat and then transact on it or hold it long enough and then sell it.

Moreover my main job is always there. Bitcoin is a side/parttime earning for me and hence will not likely sell the coins unless I am in a big profit. Hence I will continue to increase my stash and keep storing

[coindancer]

I do not understand the main reason why I would sell my bitcoin if I am in a loss? Is it not better to store and save it for now?

Moreover my country local stores have never heard of bitcoin and probably will not do so in another two decades. So only way for me to use the bitcoin is to convert it to fiat and then transact on it or hold it long enough and then sell it.

Moreover my main job is always there. Bitcoin is a side/parttime earning for me and hence will not likely sell the coins unless I am in a big profit. Hence I will continue to increase my stash and keep storing

might be true for you, but if everybody was just holding and nobody would use them, them no bitcoin economy could exist and if nobody is using something there is a tendency to die out. why would somebody want to buy something useless. a part of bitcoins value is its hopefully growing usefulness.

[Zocadas]

I do not understand the main reason why I would sell my bitcoin if I am in a loss? Is it not better to store and save it for now?

Moreover my country local stores have never heard of bitcoin and probably will not do so in another two decades. So only way for me to use the bitcoin is to convert it to fiat and then transact on it or hold it long enough and then sell it.

Moreover my main job is always there. Bitcoin is a side/parttime earning for me and hence will not likely sell the coins unless I am in a big profit. Hence I will continue to increase my stash and keep storing

might be true for you, but if everybody was just holding and nobody would use them, them no bitcoin economy could exist and if nobody is using something there is a tendency to die out. why would somebody want to buy something useless. a part of bitcoins value is its hopefully growing usefulness.

That is true. It is better to sayve 60% of the bitcoin for the long term, and use the rest for the adoption.

[xdrpx]

Thinking of it again, I now see that this is how the worlds economy works. People spend, people save a bit and theres an active market. This way the lifeblood of any business inflows for them and there's our price of Bitcoin that depends on it. Thus yeah, it's always better to spend part of your Bitcoins that you're willing to and save the rest for the near future.

[ekoice]

Storing of bitcoins is not against Bitcoin.People store some amount of Bitcoins as investment and also spend Bitcoins.Storing is to earn when the Bitcoin price increases. So no one can be compelled to spend all of their bitcoins.

[lite]

I have around 80% of my bitcoins idle and safe in hardware wallet and with other 20% i buy gift cards or some services that interests me.

[MaritiJames3]

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

I know that if people do not spend there Bitcoin and keep holding on to them the price of the Bitcoin is not going to rise but people still do not want to spend them.
This way the price is going to be stable for ever if this keeps up¨.

[Jasmint]

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

I know that if people do not spend there Bitcoin and keep holding on to them the price of the Bitcoin is not going to rise but people still do not want to spend them.
This way the price is going to be stable for ever if this keeps up¨.

That is right. It is better to hold most of the coins and then spend some of the coins to make it circulate more.

[ObscureBean]

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

I know that if people do not spend there Bitcoin and keep holding on to them the price of the Bitcoin is not going to rise but people still do not want to spend them.
This way the price is going to be stable for ever if this keeps up¨.

Yea but you can't tell people what to do with their Bitcoins either. If a balance is to be reached it has to be a natural one. Storing Bitcoins is not against Bitcoin, telling people how to use their coins is. If Bitcoin is about freedom then everyone should be able to hold their coins if they want to. Even if it destroys Bitcoin in the process.

[Bitcoinbro]

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

Storing bitcoin is somewhat against bitcoin because if all people decide to hold on to there bitcoin then the price is not going to rise anymore.
People need to also spend some of there bitcoin in order to make the price rise again.

[noictib]

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

it may be against the bitcoin . because in tge fiat we have the government rule that we can't save or collect money in home but we can store maximum as we want in the bank .
in the similar way in bitcoin we should actively use our bitcoin .
well such type of conditions are not in the terms and service of bitcoin .
so not a matter whether what we are doing with our btc .

[Xester]

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

Storing bitcoin is somewhat against bitcoin because if all people decide to hold on to there bitcoin then the price is not going to rise anymore.
People need to also spend some of there bitcoin in order to make the price rise again.

It is partially true that storing of bitcoins is against bitcoin. But partially storing bitcoins is normal in bitcoin activities we store some bitcoin and it helps the price increase, because if all sell their bitcoins what will happen to the market, nobody will buy and it is the end of bitcoin as a currency. So in the end to we can conclude that storing bitcoin and selling bitcoin must be both present in the bitcoin industry in order for it to survive.