does anyone notice there are less coins to sell due to mass hodl?

[jubalix]

does anyone notice there are generally less coins to sell due to mass hodl and more people entering all the time?

[vdcc]

Yep, coin hodlers are more and more like

[Guava]

[yogi]

The number of coins available on the exchanges has been decreasing for over a year now. Also, the few coins that are left are spread over more exchanges.

[Koekiemonster]

Also, larger BTC holders looking to sell will get a better price when selling off the markets to funds like the BIT, this will happen more and more.

Overall I'd guess the supply that's for sale has gotten slimmer, but it's harder to determine the supply than in the past and it will keep getting harder than in the past.

[DPoS]

Also, larger BTC holders looking to sell will get a better price when selling off the markets to funds like the BIT, this will happen more and more.

Overall I'd guess the supply that's for sale has gotten slimmer, but it's harder to determine the supply than in the past and it will keep getting harder than in the past.

also a crunch in one exchange will make the dumb bots (not all are dumb) move in others roughly proportionally

one of the dumb bots is coinbase though...  soon they will have to keep wide spreads all the time for protection (not just when it triggers)

[Buffer Overflow]

does anyone notice there are generally less coins to sell due to mass hodl and more people entering all the time?

The price will have to rise many many times over if people want my coins.

[Dalmar]

The Chinese government will soon make them shit their pants and panic sell.

[Ibian]

The Chinese government will soon make them shit their pants and panic sell.

I think your typical chinese investor already knows which way the wind is blowing. Maybe some of them are looking to profit before it's too late, but I believe many of them are going to stay in whatever the gov says. Loyalty to the Party only goes so far.

[Dalmar]

I think your typical chinese investor already knows which way the wind is blowing. Maybe some of them are looking to profit before it's too late, but I believe many of them are going to stay in whatever the gov says. Loyalty to the Party only goes so far.

Last crash (18 dec) most of the panic selling was Western instigated and the peak of the fall was when Europe started trading. On bitcoin.de you could have even caught a coin for about 125 usd at the time.

[jubalix]

The Chinese government will soon make them shit their pants and panic sell.

but its fallen and risen now so many times except the rise ends up 5 ~ 10 x the high before the last crash. Eventually people are going to get inured to this.

[NorbyTheGeek]

My Precious! O my Precious!

[aneki]

That's exactly the point of hodling. Prices rise due to higher demand than supply.

[skivrmt]

My Precious! O my Precious!

Classic.  But so true.  Newer investors are generally holders, not users or traders.  Especially with the new trusts being set up, they have mandatory holding periods, so once you're in you're in for several months at the min

[DPoS]

That's exactly the point of hodling. Prices rise due to higher demand than supply.

you forgot the whole NEED part

hodling amplifies the price but the base value comes from its usability

[TERA]

This rally is certainly being fueled by a lack of supply on exchanges rather than any particularly strong demand/volume on the exchanges. If you were to see this type of depth/volume last year, it would be a joke and you'd know for sure a crash was coming. However the system is different now. It remains to be determined whether this is simply due to us holding or whether its due to large acculumation off-exchange by hedge funds, businesses, and such. With all those bit coin days destroyed one could theorize a huge purchase of XXX,XXX coins occurred by fortress or something which averted an entire bear market worth of coins on exchanges. However, there is no proof and nobody knows for sure. It could all be psychology and a self fulfilling prophecy.

[Dafar]

Not selling until we're at least $40k / BTC.... anyone want to make an offer?

[imamanandyou]

That's exactly the point of hodling. Prices rise due to higher demand than supply.

you forgot the whole NEED part

hodling amplifies the price but the base value comes from its usability

With very low volume on exchange, the price movements become very erratic.

[rocks]

The number of coins available on the exchanges has been decreasing for over a year now. Also, the few coins that are left are spread over more exchanges.

That is probably due to the fact that the price has gone up around 100x in the past year.

In early 2013 when coins were around $10 if you wanted to trade lets say $50K you would need 5,000 BTC. But now that coins are around $1000 to trade $50K you only would need about 50 BTC.

The exchanges are used for active trading, not long term storage. Long term coins withdrawn out of the exchanges. So it makes sense that as the price goes up the market needs less BTC for trading purposes. That said the dollar value in the exchanges has definitely gone up....

[GigaCoin]

There is no incentive for anyone to sell, why would anyone sell Bitcoin when it's about to witness it's greatest year ever ? The fear of Bitcoin dying/failing has gone, people have never been as confident about Bitcoin as ever before.