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Author Topic: HODLing is bad for the crypto ecosystem. USE IT + top it up..etc  (Read 77 times)
JuniAiko (OP)
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February 13, 2018, 04:26:34 PM
 #1

https://www.youtube.com/watch?v=sZ2gDWRnHyA

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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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February 13, 2018, 04:45:08 PM
 #2

This is nothing new. The old timers here have always been giving advice to newbies to HODL 80% of all their coins and to

spend 20%. The reason for this, is as the video stated... "We need to spend bitcoins  for MERCHANTS to continue accepting

it. Some big merchants already stopped accepting it, because of high fees.... and they will also stop accepting it, if nobody is

using it as a payment option. {They invested time and money into the training of their staff to handle Bitcoin transactions.}

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February 13, 2018, 05:06:04 PM
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This is precisely why education is needed because even this is a very simple fact that no one even thinks about its crucial to advancing crypto currencies .This however is going to require some time as the crypto ecosystem is still very much under development , cryptos are viewed mostly now as a means of investing rather than a day to day means of exchange , people are still stuck in the current financial system and just like everything else in life this change will require time, education and hard work.Give it time .

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February 14, 2018, 04:58:55 AM
 #4

I'm gonna start spending my LTC now that they have LitePay Cheesy

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February 14, 2018, 05:48:07 AM
 #5

HODLING is the action for speculation and of course speculation was born for the profit purpose . So actually speculation is a good thing because it will push the price of that coin but the worst problem about speculation is it gonna bubbled those coins very much and seems it's not good at all for the economics.l

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