Zadicar
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November 09, 2016, 05:09:29 AM |
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Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.
You could always do both. Put some round amount in cold wallet and actively use the rest. Biggest problem is not many people have any sort Bitcoin earnings, that's currently the biggest obstacle in BTC adoption and it's use as currency. Sotring bitcoins is not against the bitcoin rules everyone has the oppertunity to do with his bitcoins whatever he wants to do you know and that is nice because i dont like to use bitcoins everywhere so i can hold some of them you know. I agree with you, its not really against on bitcoin because as you mentioned too no one could able to force us on what we should do on our bitcoins. Its our decision if we hold or actively spend them because we have different perspective and expectations into bitcoin. If we actively spending our bitcoin it could really help the bitcoin ecosystem to grow. |
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Yuuto
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November 09, 2016, 05:54:14 AM |
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I don't think that storing of bitcoin is against bitcoin. Is storing of united states dollars against the united states? I don't think so. It just slows down the monetary velocity I guess, and that would mean that inflation is slower.
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robocop3
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November 09, 2016, 06:19:59 AM |
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what are you trying to say here? 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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clickerz
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November 09, 2016, 06:36:07 AM |
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I think I do not agree with it, as we do not have a universal bitcoin hoarding Law  Kidding aside, yes it will affects the bitcoin as a currency and if all is hoarding it, demand will be affected. When this happens,with the scarcity of bitcoin, it will raise its prices and becpme expensive or another coin will rise as an option to bitcoin. |
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chineseprancing
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November 09, 2016, 07:47:20 AM |
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Me too i do not agree with hoarding bitcoin for a long time which has a big effect on the price of bitcoin because the demand will slowly increasing due to more user has good enough bitcoin in their wallet.
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mastica
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November 09, 2016, 04:39:40 PM |
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People does store gold, and do you think those affect those marketplace? No, it doesnt affect, soo why would it affect bitcoin, be sure some people still hold their coins and wont sell them anything lower then 1000 dollars, and there is 7 years of bitcoin, and people will wait more time to dump them.
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Senor.Bla
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November 09, 2016, 05:53:20 PM |
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People does store gold, and do you think those affect those marketplace? No, it doesnt affect, soo why would it affect bitcoin, be sure some people still hold their coins and wont sell them anything lower then 1000 dollars, and there is 7 years of bitcoin, and people will wait more time to dump them.
the difference is that gold is already known in the world. bitcoin is not. to make bitcoin known we need a growing ecosystem and therefore transactions. let us say you have invented a new coin or found a new precious metal. but only you know about it. what is the value of it? also bitcoin is supposed to be money, which is invented so we can trade. so why would you not want to use it? |
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groll
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November 10, 2016, 02:36:57 AM |
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People does store gold, and do you think those affect those marketplace? No, it doesnt affect, soo why would it affect bitcoin, be sure some people still hold their coins and wont sell them anything lower then 1000 dollars, and there is 7 years of bitcoin, and people will wait more time to dump them.
the difference is that gold is already known in the world. bitcoin is not. to make bitcoin known we need a growing ecosystem and therefore transactions. let us say you have invented a new coin or found a new precious metal. but only you know about it. what is the value of it? also bitcoin is supposed to be money, which is invented so we can trade. so why would you not want to use it? I agree that we should make our bitcoins grow and roll by making transactions out of it. We should make it known to the world. Trade it and make profit from it. So it would more to become famous and be used by many. Storing bitcoin is not a bad thing. And I think it wont be against itself. But If we want faster growth of our money, so we have to let it out for trading. |
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coinsocieties
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November 10, 2016, 03:15:39 AM |
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I think storing is not against the bitcoin alrotugh its not pretty good for the economy a lot of people are doing this because if the fact that the bitcoin is gonna rise in its price.
This price increase is because of the halving and people are waiting on it because of that.
I agree with this and that bitcoin will raise. Look at bitcoin from the door, $12 per coin and now it is worth 50x that. There is so much potential when it comes to bitcoin, it would be stupid not to save some if you can afford to do so. |
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n0ne
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November 10, 2016, 03:49:06 AM |
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People does store gold, and do you think those affect those marketplace? No, it doesnt affect, soo why would it affect bitcoin, be sure some people still hold their coins and wont sell them anything lower then 1000 dollars, and there is 7 years of bitcoin, and people will wait more time to dump them.
Gold as a investment and commodity has huge capital and acceptance among the common man compared to our bitcoin. So, at present at least a minimal amount needs to be spend which might help more and more users who were unaware of bitcoin. Storing is not against bitcoin but very big amount holding affects the price. |
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madwica
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November 10, 2016, 03:58:14 AM |
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I think yes storing bitcoin make the bitcoin price slowly to increase because the demand of bitcoin getting slower to increase specially if all users has good enough amount of bitcoin store in each wallet.
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el kaka22
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www.Crypto.Games: Multiple coins, multiple games
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November 10, 2016, 04:12:26 AM |
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I think storing is not against the bitcoin alrotugh its not pretty good for the economy a lot of people are doing this because if the fact that the bitcoin is gonna rise in its price.
This price increase is because of the halving and people are waiting on it because of that.
I agree with this and that bitcoin will raise. Look at bitcoin from the door, $12 per coin and now it is worth 50x that. There is so much potential when it comes to bitcoin, it would be stupid not to save some if you can afford to do so. But the price appreciations up to today's level were seeming as a original value realization of bitcoin currency, not due to demand hype in my personal opinion. Maybe in upcoming future storing bitcoin will be giving practical effects into the value of bitcoins. When people are not aware of one system and creating its demand by storing will not give any effective results. |
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RealPhotoshoper
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November 10, 2016, 04:43:40 AM |
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People does store gold, and do you think those affect those marketplace? No, it doesnt affect, soo why would it affect bitcoin, be sure some people still hold their coins and wont sell them anything lower then 1000 dollars, and there is 7 years of bitcoin, and people will wait more time to dump them.
Gold as a investment and commodity has huge capital and acceptance among the common man compared to our bitcoin. So, at present at least a minimal amount needs to be spend which might help more and more users who were unaware of bitcoin. Storing is not against bitcoin but very big amount holding affects the price. Basically holding bitcoin for long long time is not really agaisnt bitcoin . It is just the matter of how people make a contribution to bitcoin network . You maybe can imagine if then noone spend bitcoin , they are just holding nothing else. What do you think will happened to bitcoin? Slowly might dead. |
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clickerz
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November 10, 2016, 04:48:49 AM |
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People does store gold, and do you think those affect those marketplace? No, it doesnt affect, soo why would it affect bitcoin, be sure some people still hold their coins and wont sell them anything lower then 1000 dollars, and there is 7 years of bitcoin, and people will wait more time to dump them.
There is a difference between a gold and bitcoin. Gold is mined and we do not know the supply while bitcoin has a specific supply only. When it is hoarded, then there is a time that we will have a limited supply. |
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bitcoinmasterlord
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November 10, 2016, 07:02:47 AM |
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People does store gold, and do you think those affect those marketplace? No, it doesnt affect, soo why would it affect bitcoin, be sure some people still hold their coins and wont sell them anything lower then 1000 dollars, and there is 7 years of bitcoin, and people will wait more time to dump them.
There is a difference between a gold and bitcoin. Gold is mined and we do not know the supply while bitcoin has a specific supply only. When it is hoarded, then there is a time that we will have a limited supply. In the market data, you can find all those demand and supply information about all products. In both categories, prices will go up when demand goes up. If most of the people holds bitcoins and individuals still want to buy and there is not supply available in the market then automatically prices will go up. |
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stomachgrowls
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November 10, 2016, 07:25:33 AM |
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People does store gold, and do you think those affect those marketplace? No, it doesnt affect, soo why would it affect bitcoin, be sure some people still hold their coins and wont sell them anything lower then 1000 dollars, and there is 7 years of bitcoin, and people will wait more time to dump them.
There is a difference between a gold and bitcoin. Gold is mined and we do not know the supply while bitcoin has a specific supply only. When it is hoarded, then there is a time that we will have a limited supply. In the market data, you can find all those demand and supply information about all products. In both categories, prices will go up when demand goes up. If most of the people holds bitcoins and individuals still want to buy and there is not supply available in the market then automatically prices will go up. If supply would be scarce for sure the price would go up and we all know about the law of supply and demand. Storing bitcoins isnt ideal thing to do because it wont help bitcoins ecosystem to grow but the price increase would be possible . as long there are people would actively spend their bitcoins. |
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sotoshihero
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November 10, 2016, 07:26:42 AM |
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I think yes storing make the price slowly to increase because the demand of getting slower to increase specially if all users has good enough amount of store in each wallet.
I believe that also. When you store , the in circulation is lessen and when supply is lessen prices will go up. That is the law of supply and demand. |
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Senor.Bla
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November 10, 2016, 08:29:24 AM |
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I think yes storing make the price slowly to increase because the demand of getting slower to increase specially if all users has good enough amount of store in each wallet.
I believe that also. When you store , the in circulation is lessen and when supply is lessen prices will go up. That is the law of supply and demand. but if if nobody is selling, because of the holding, then no mater how high the price is, there should be no circulation. and if one smart dude sell and gets a good price others will follow. guess what happens to the price next. |
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Monnt
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November 10, 2016, 02:15:18 PM |
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I think yes storing make the price slowly to increase because the demand of getting slower to increase specially if all users has good enough amount of store in each wallet.
I believe that also. When you store , the in circulation is lessen and when supply is lessen prices will go up. That is the law of supply and demand. But to gain popularity, we must need a possible least circulations all the times. Without that, there will not be any differences between storing all and got vanished. But practically I agree, all people will not store all of their bitcoins at a time. Still we need more business and circulations to make bitcoin familiar to every one of this world. |
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Zigsss
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November 10, 2016, 02:59:40 PM |
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I think yes storing make the price slowly to increase because the demand of getting slower to increase specially if all users has good enough amount of store in each wallet.
I believe that also. When you store , the in circulation is lessen and when supply is lessen prices will go up. That is the law of supply and demand. but if if nobody is selling, because of the holding, then no mater how high the price is, there should be no circulation. and if one smart dude sell and gets a good price others will follow. guess what happens to the price next. You are right but I do not think that this will happen if I have to be honest, its just that there always will be a demand of selling and buying at the bitcoin no matter what.. |
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