problems with bitcoin holder

[bitbunnny]

I can't see how holding Bitcoins could be some major problem or influence the price. I mean it is better for coins to circulate but holding is like saving and besides the holders probably also put in traffic their coins from time to time. And on long term the holders will make profit, that is for sure.

[Doamader]

If the bitcoins mined stand stoped at the users wallets, and just a few into circulation, just one thing could happen, that would be bitcoin get a bubble because those low coins into circulation.

[genos]

I can't see how holding Bitcoins could be some major problem or influence the price. I mean it is better for coins to circulate but holding is like saving and besides the holders probably also put in traffic their coins from time to time. And on long term the holders will make profit, that is for sure.

I that is no problem if most of bitcoin users are rather to holding their bitcoin than circulate it. They have choice of what thing they will do with their bitcoin. Although it is not good if ALL of the users are just holding ( not spent it). Do not worry becouse they want or not, they will still sell their bitcoin to get proffit. Holding bitcoin is not good for bitcoin spreading.

[Doms]

This is a free world and no one can tell you what you must do with your bitcoin. We all have choices whether to spend, to hold, to use for other things or what you have in mind. Also, people who own bitcoin have different purposes for owning it. Some just buy and hold and accumulate whatever they can while others use it for their everyday transactions.

[prabowo96]

75.9% ( 15,947,975 bitcoin) of the bitcoin is already mined so to circulate bitcoin all over the world there is only few bitcoin beggar many bitcoin user are holding bitcoin and waiting for price hike. So what would happen if the continue holding and we are left with only few bitcoin to circulate. So can it act as global currency or we need some modification.

* this is a duplicate topic.
and you have no sense of what you are talking about. 16 million bitcoin is 10.4 billion dollar and there is still 5 million more bitcoin left to mine. and as long as there is a circulation there will always be someone who is selling and someone who is buying.

Dear pooya87, I am not talking about  how much 16 million bitcoin costs but i am saying that many user are holding bitcoin so for circulation we will have only few bitcoin left. And I also know that there will be obviously someone to buy and someone to sell bitcoin but as the demand will rise then we might face scarcity else its price will go sky and we will have to pay huge money to buy 1 bitcoin.

Well, if people hold a lot, the price will increase a lot... what's the problem? If you buy 1 btc for 1 million usd, you will have 1 million usd!
and well, 100% of the dollar already printed... and a lot of banks and whatever hold A LOT of it... and that's not a problem...

[rajasumi2]

The most problem of bitcoin is that it s hacked every now and then .so if u wanna earn bitcoins and sell it .u better store them in a hard wallet which is better for u .and i use the same .so yeah these problems arise with bitcoin holders.kudoos

[Pursuer]

75.9% ( 15,947,975 bitcoin) of the bitcoin is already mined so to circulate bitcoin all over the world there is only few bitcoin because many bitcoin user are holding bitcoin and waiting for price hike. So what would happen if the continue holding and we are left with only few bitcoin to circulate. So can it act as global currency or we need some modification.

two words: supply and demand.

that 16 million is the supply more or less and the demand is the people who are buying and holding or using bitcoin. and so far the number of people who have bought bitcoin (the demand) has been at a level that could cause a 700 is dollar price. if more people start using bitcoin the demand is increased and price will go up.

and remember that the amount of bitcoin available is not 21 million! it is 21 million * 10e8 : 21,000,000.00000000 and eventually 1 satoshi will be worth something just like 1 bitcoin was $0.1 once.

[bitjoin]

75.9% ( 15,947,975 bitcoin) of the bitcoin is already mined so to circulate bitcoin all over the world there is only few bitcoin because many bitcoin user are holding bitcoin and waiting for price hike. So what would happen if the continue holding and we are left with only few bitcoin to circulate. So can it act as global currency or we need some modification.

Its important the core early bitcoin hodlers have a decent reward for putting some much time and effort into the project.  Like any business starting out the origin members need to get a decent share.  Its just how it is at this stage in time.

[Herbert2020]

75.9% ( 15,947,975 bitcoin) of the bitcoin is already mined so to circulate bitcoin all over the world there is only few bitcoin because many bitcoin user are holding bitcoin and waiting for price hike. So what would happen if the continue holding and we are left with only few bitcoin to circulate. So can it act as global currency or we need some modification.

Its important the core early bitcoin hodlers have a decent reward for putting some much time and effort into the project.  Like any business starting out the origin members need to get a decent share.  Its just how it is at this stage in time.

early adopters will only benefit if they hold and not spend or waste their coins. for example early adopters in 2009 who were mining for fun could only benefit if they have held the coins and didn't delete the wallet and private keys.
or today's adopters will see result of they hold for years. just like how price went up from $200 a year+ ago to the current $700

[Xester]

I can't see how holding Bitcoins could be some major problem or influence the price. I mean it is better for coins to circulate but holding is like saving and besides the holders probably also put in traffic their coins from time to time. And on long term the holders will make profit, that is for sure.

Yes I agree.. I think holding is no major problem.even many people are holding bitcoins its price was still increasing, the demand in bitcoins was still high. I don't think that almost 50 percent of users are holding their bitcoins because most of users needs money and they are getting immediately thier profit. i believe that many bitcoins are still circulating because if the supply was not enough, why there's still free faucet giving away bitcoins?

[Doamader]

Faucets are working with network income at the moment, as long they able to keep generating profit they will stand, but the last news about micropayments processors as faucetbox closing, just made a lot panic over those market, even with some solutions showing off. There is a huge interest into get bitcoin for free, meaning without have to buy it, the coins into circulation are more then enought, thanks to traders which does buy and sell their coins all days.

[densuj]

The most problem of bitcoin is that it s hacked every now and then .so if u wanna earn bitcoins and sell it .u better store them in a hard wallet which is better for u .and i use the same .so yeah these problems arise with bitcoin holders.kudoos

And The most dangerous hacking problem is on markets because the amount of bitcoins on there more large than personal wallets and if It is happen so bitcoin's price usually going down because of the hacker exchange it to fiat or other investors do it because of fear.

[Vaskiy]

The calculation made by the OP doesn't seem to be the right calculation, because we have crossed just two halving. Within this more than 75% coins were mined means, getting more adoption over the falling years is simply impossible. As quoted holding might reduce the circulation and affect the price to a small extent, won't make big changes.

[Vaccinus]

the one that are holding just need to receive a higher offer to sell their coin, so this is actually good it force a higher value for bitcoin, and you clearly don't know how deflation work and why bitcoin was done in this way

[Skarner21]

75.9% ( 15,947,975 bitcoin) of the bitcoin is already mined so to circulate bitcoin all over the world there is only few bitcoin because many bitcoin user are holding bitcoin and waiting for price hike. So what would happen if the continue holding and we are left with only few bitcoin to circulate. So can it act as global currency or we need some modification.

Well for me i think the price of bitcoin can be affected i think it will increase more the price and the supply will reduce this is what happen already this year and after 4 years block halving event will happen again so our supply will affected again from 12.5 it can be 6.25 btc per block.So what you are saying it can be happen if bitcoin is already mined in circulation and few bitcoins left in circulation i think it is because of many miners..so i think they will    force to early that block halving event will happen to reduce the supply.. this is what i am thinking..

[groll]

If the bitcoins mined stand stoped at the users wallets, and just a few into circulation, just one thing could happen, that would be bitcoin get a bubble because those low coins into circulation.

Yea it's obvious that many user hold bitcoin almost more than 50% user hold bitcoin for trading or to sell in higher price to make profit. But I am sure that 15 million bitcoin is enough to circulate all over the world because now bitcoin have pony few user and this much amount is enough for us. Along with demand it's rate will also increase so don't worry about its crisis. But holding money is not a good idea , come on guys let's use bottom not hold it.

Yes, holding bitcoins can be an advantages only to those people who had it since it was started, if the law of supply and demand will apply, the more shortages we will have the more its price will increase, and i think that's what the holders want, they are waiting for the total increase of bitcoin price vefire they release it so that they will earn more. I cant feel the shortage of bitcoins now and if i havent rrad this post, maybe i could have no idea of bitcoins shortage.

[calkob]

Its digital gold, i dont really see to much gold circulating around the economy either.   

[mrkevio]

If we spend our money the total mined Bitcoins number won't go down. No matter how much and if we do or do not spend, Bitcoin's total mined number will just keep rising. This is why there is a halving of the block reward every four years: so that it'll take a LOT of years (maybe it'll become even impossible?) for us to reach the 21MBTC mined. We have approached it but it's not going to happen too soon - it'll take some time to mine a few more millions because now the block reward has been halved to 12.5BTC.

[davis196]

75.9% ( 15,947,975 bitcoin) of the bitcoin is already mined so to circulate bitcoin all over the world there is only few bitcoin because many bitcoin user are holding bitcoin and waiting for price hike. So what would happen if the continue holding and we are left with only few bitcoin to circulate. So can it act as global currency or we need some modification.

It`s all about supply and demand.

Having many bitcoin holders is actually good because it reduces the supply and the price might go up

if the demand increases.At some time bitcoin holders start selling and the market is balanced again.

[madwica]

I think the main problem of the bitcoin holder or what we called investor is if.the value of bitcoin would not increasing instead the value would going down we can not earn money which is our main goal here in bitcoin