Bitcoin Forum
May 21, 2024, 05:13:36 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 »  All
  Print  
Author Topic: does anyone notice there are less coins to sell due to mass hodl?  (Read 3764 times)
TERA
Hero Member
*****
Offline Offline

Activity: 728
Merit: 500



View Profile
January 06, 2014, 05:24:49 PM
 #21

I'm noticing a trend where every time there is a crash, some agency sneaks in, accumulates a ton of coins and never sells. After the crash, this leaves the books having even  more USD and less btc than before the crash. This trend started with silk road.
alexeft
Legendary
*
Offline Offline

Activity: 854
Merit: 1000


View Profile
January 06, 2014, 05:25:07 PM
 #22

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.

This!
ElectricMucus
Legendary
*
Offline Offline

Activity: 1666
Merit: 1057


Marketing manager - GO MP


View Profile WWW
January 06, 2014, 05:31:20 PM
 #23

Keep with this hodl bullshit and you are sure to have no fiat when you'll need it.
jubalix (OP)
Legendary
*
Offline Offline

Activity: 2618
Merit: 1022


View Profile WWW
January 06, 2014, 05:37:43 PM
 #24

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

well yes but as long as you properly populate the the attributes of its usability, being able to send, $136 million, or some other large amount, to any one anytime for well in that case free, across any border, oh and buy a coffee if you want. These attributes allow it to replace at least half of all banks, now add up the value of just that. Infrastructure, IT, wages, property etc etc. You have your x Trillion right there....alone

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
jubalix (OP)
Legendary
*
Offline Offline

Activity: 2618
Merit: 1022


View Profile WWW
January 06, 2014, 05:39:44 PM
 #25

Keep with this hodl bullshit and you are sure to have no fiat when you'll need it.


why many of "we" only invest what we can loose?


I can buy goods and services in BTC. It just means Hodl from fiat.

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
vdcc
Member
**
Offline Offline

Activity: 67
Merit: 10


View Profile
January 06, 2014, 05:47:40 PM
Last edit: January 06, 2014, 06:53:03 PM by vdcc
 #26

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.
Nobody sane will pay more for BTC off exchange. Whales, funds, etc. especially
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.
Selling = using = adoption = greatest year ever.
Hodling = not using = modest adoption = same or little better than last year (at best), but with even more volatility (and that's bad longterm)
jubalix (OP)
Legendary
*
Offline Offline

Activity: 2618
Merit: 1022


View Profile WWW
January 06, 2014, 06:18:55 PM
 #27

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.
Nobody sane will pay more for BTC off exchange. Whales, funds, etc. especially
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.
Selling = using = adoptation = greatest year ever.
Hodling = not using = modest adoptation = same or little better than last year (at best), but with even more volatility (and that's bad longterm)

I'm not so sure it its BTC has capital "S" store of value (PeerCoin is likely better at this though). This does not rely on adoption of coffee shops.

Also volatility is not bad neither are speculators.

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
T.Stuart
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500


One Token to Move Anything Anywhere


View Profile
January 06, 2014, 06:21:59 PM
 #28

Keep with this hodl bullshit and you are sure to have no fiat when you'll need it.


why many of "we" only invest what we can loose?


I can buy goods and services in BTC. It just means Hodl from fiat.

+1

                                                                               
███████████████▄▄▄                     ▄█▄     ▀█████▄                     ▄█████▀
████████████████████▄                ▄█████▄     ▀█████▄                 ▄█████▀
              ▀▀█████▄             ▄█████████▄     ▀█████▄             ▄█████▀
                 █████▌          ▄█████▀ ▀█████▄     ▀█████▄         ▄█████▀
                 ▐█████        ▄█████▀     ▀█████▄     ▀█████▄     ▄█████▀
                 █████▌      ▄█████▀         ▀█████▄     ▀█████▄ ▄█████▀
              ▄▄█████▀     ▄█████▀     ▄█▄     ▀█████▄     ▀█████████▀
████████████████████▀    ▄█████▀     ▄█████▄     ▀█████▄     ▀█████▀
███████████████▀▀▀     ▄█████▀     ▄█████████▄     ▀█████▄     ▀█▀
                                    ▀███████▀
                                      ▀███▀
                                        ▀
.
▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔
.◆ ◆ ◆ ONE TOKEN TO MOVE ANYTHING ANYWHERE ◆ ◆ ◆.
▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁
MAbtc
Hero Member
*****
Offline Offline

Activity: 826
Merit: 508


View Profile
January 06, 2014, 06:23:32 PM
 #29

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.
Didn't that huge spike coincide with 400k oldish coins moving from a single address? What makes you think a single holder would dump 400k coins on exchanges? Maybe I am misinterpreting.
vdcc
Member
**
Offline Offline

Activity: 67
Merit: 10


View Profile
January 06, 2014, 06:26:36 PM
 #30

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.
Nobody sane will pay more for BTC off exchange. Whales, funds, etc. especially
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.
Selling = using = adoptation = greatest year ever.
Hodling = not using = modest adoptation = same or little better than last year (at best), but with even more volatility (and that's bad longterm)

I'm not so sure it its BTC has capital "S" store of value (PeerCoin is likely better at this though). This does not rely on adoption of coffee shops.

Also volatility is not bad neither are speculators.
Volatility is real bad. At least for regular people and businesses. But hey, that's not important, like future of btc depends on them...
skivrmt
Hero Member
*****
Offline Offline

Activity: 994
Merit: 501


View Profile
January 06, 2014, 06:30:07 PM
 #31

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.
Nobody sane will pay more for BTC off exchange. Whales, funds, etc. especially
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.
Selling = using = adoptation = greatest year ever.
Hodling = not using = modest adoptation = same or little better than last year (at best), but with even more volatility (and that's bad longterm)

I'm not so sure it its BTC has capital "S" store of value (PeerCoin is likely better at this though). This does not rely on adoption of coffee shops.

Also volatility is not bad neither are speculators.
Volatility is real bad. At least for regular people and businesses. But hey, that's not important, like future of btc depends on them...

Volatility is bad for merchants wanting to use everyday in their coffee shops, bookstores, etc.  Volatility is bad for someone wanting to use this online purchases, ie, Overstock.com.  Will they be adjusting the price daily?  Hourly?  Etc.

Is it great for speculators though.
Ibian
Legendary
*
Offline Offline

Activity: 2268
Merit: 1278



View Profile
January 06, 2014, 06:31:26 PM
 #32

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.
Nobody sane will pay more for BTC off exchange. Whales, funds, etc. especially
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.
Selling = using = adoptation = greatest year ever.
Hodling = not using = modest adoptation = same or little better than last year (at best), but with even more volatility (and that's bad longterm)

I'm not so sure it its BTC has capital "S" store of value (PeerCoin is likely better at this though). This does not rely on adoption of coffee shops.

Also volatility is not bad neither are speculators.
Volatility is real bad. At least for regular people and businesses. But hey, that's not important, like future of btc depends on them...
Volatility is part of the system. An intended part of the system. Get over it. No, excuse me. Get the fuck over it already.

(also nobody who accepts bitcoin as payment cares thanks to bitpay so really, shut up)

Look inside yourself, and you will see that you are the bubble.
humanitee
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 502



View Profile
January 06, 2014, 06:32:07 PM
 #33


Volatility is bad for merchants wanting to use everyday in their coffee shops, bookstores, etc.  Volatility is bad for someone wanting to use this online purchases, ie, Overstock.com.  Will they be adjusting the price daily?  Hourly?  Etc.

Is it great for speculators though.

lololol. Bitpay.

▄▄▄██████▄▄▄
▄███▀▀▀▀▀████▄▄ █▄▄
▄▄          ▀▀████▄  ██▄
█████▄            ▀█████  ██▄
▄█████████           ▀█████ ███▄
▄█████████▀▀           ▀█████ ███▄
▄███  █████             ▀█████ ████
███  █████                █████ ████
███ █████                  ████  ████
███ █████                ▄████  ████
███ █████                ███████████
▀██ █████▄                █████████
▀██ ██████▄                ▀█████
▀██ ███████                  ▀▀▀
▀██ ██████▄▄                 
▀██ ██████▄▄▄▄▄▄▄▄▄▄▄▄███▀
▀▀ █████████████████▀
▀▀▀██████▀▀▀▀

Fast, Secure, and Fully

DecentralizeTrading
BACKED BY:
─────────────────────────
BINANCE
─────── LAB
&█████████████████████████████████ █  ███
█▀    ▀█  ███▀▀▀▀▀████████  ████▀▀███▀ █
█  █████    ▄▄▄▄▄  █  ▀  █    ███  █  ██
█▄    ▀█  ██       █  ▄███  ██████   ███
█████  █  ██  ███  █  ████  ████  ▄  ███
█▄    ▄█▄  ▄█▄     ▀  ████▄  ▄█   ██  ██
████████████████████████████████████████


  Whitepaper
 Medium
Reddit
vdcc
Member
**
Offline Offline

Activity: 67
Merit: 10


View Profile
January 06, 2014, 06:35:01 PM
 #34

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.
Nobody sane will pay more for BTC off exchange. Whales, funds, etc. especially
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.
Selling = using = adoptation = greatest year ever.
Hodling = not using = modest adoptation = same or little better than last year (at best), but with even more volatility (and that's bad longterm)

I'm not so sure it its BTC has capital "S" store of value (PeerCoin is likely better at this though). This does not rely on adoption of coffee shops.

Also volatility is not bad neither are speculators.
Volatility is real bad. At least for regular people and businesses. But hey, that's not important, like future of btc depends on them...
Volatility is part of the system. An intended part of the system. Get over it. No, excuse me. Get the fuck over it already.

(also nobody who accepts bitcoin as payment cares thanks to bitpay so really, shut up)
I can get over it cause i'm trader, but others won't. And that'll probably kill btc (as a currency and something revolutionary).
Btw. if it's intended part of the system, it's a bug, not feature
humanitee
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 502



View Profile
January 06, 2014, 06:36:11 PM
 #35

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.
Nobody sane will pay more for BTC off exchange. Whales, funds, etc. especially
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.
Selling = using = adoptation = greatest year ever.
Hodling = not using = modest adoptation = same or little better than last year (at best), but with even more volatility (and that's bad longterm)

I'm not so sure it its BTC has capital "S" store of value (PeerCoin is likely better at this though). This does not rely on adoption of coffee shops.

Also volatility is not bad neither are speculators.
Volatility is real bad. At least for regular people and businesses. But hey, that's not important, like future of btc depends on them...
Volatility is part of the system. An intended part of the system. Get over it. No, excuse me. Get the fuck over it already.

(also nobody who accepts bitcoin as payment cares thanks to bitpay so really, shut up)
I can get over it cause i'm trader, but others won't. And that'll probably kill btc (as a currency and something revolutionary).
Btw. if it's intended part of the system, it's a bug, not feature

lololol. Bitpay.

▄▄▄██████▄▄▄
▄███▀▀▀▀▀████▄▄ █▄▄
▄▄          ▀▀████▄  ██▄
█████▄            ▀█████  ██▄
▄█████████           ▀█████ ███▄
▄█████████▀▀           ▀█████ ███▄
▄███  █████             ▀█████ ████
███  █████                █████ ████
███ █████                  ████  ████
███ █████                ▄████  ████
███ █████                ███████████
▀██ █████▄                █████████
▀██ ██████▄                ▀█████
▀██ ███████                  ▀▀▀
▀██ ██████▄▄                 
▀██ ██████▄▄▄▄▄▄▄▄▄▄▄▄███▀
▀▀ █████████████████▀
▀▀▀██████▀▀▀▀

Fast, Secure, and Fully

DecentralizeTrading
BACKED BY:
─────────────────────────
BINANCE
─────── LAB
&█████████████████████████████████ █  ███
█▀    ▀█  ███▀▀▀▀▀████████  ████▀▀███▀ █
█  █████    ▄▄▄▄▄  █  ▀  █    ███  █  ██
█▄    ▀█  ██       █  ▄███  ██████   ███
█████  █  ██  ███  █  ████  ████  ▄  ███
█▄    ▄█▄  ▄█▄     ▀  ████▄  ▄█   ██  ██
████████████████████████████████████████


  Whitepaper
 Medium
Reddit
MAbtc
Hero Member
*****
Offline Offline

Activity: 826
Merit: 508


View Profile
January 06, 2014, 06:36:35 PM
 #36


Volatility is bad for merchants wanting to use everyday in their coffee shops, bookstores, etc.  Volatility is bad for someone wanting to use this online purchases, ie, Overstock.com.  Will they be adjusting the price daily?  Hourly?  Etc.

Is it great for speculators though.

lololol. Bitpay.
Ideally, I think, merchants accepting bitcoin ≠ merchants dumping bitcoin for fiat.
humanitee
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 502



View Profile
January 06, 2014, 06:38:38 PM
 #37


Volatility is bad for merchants wanting to use everyday in their coffee shops, bookstores, etc.  Volatility is bad for someone wanting to use this online purchases, ie, Overstock.com.  Will they be adjusting the price daily?  Hourly?  Etc.

Is it great for speculators though.

lololol. Bitpay.
Ideally, I think, merchants accepting bitcoin ≠ merchants dumping bitcoin for fiat.

I don't disagree. To say it will kill bitcoin is retarded though.

▄▄▄██████▄▄▄
▄███▀▀▀▀▀████▄▄ █▄▄
▄▄          ▀▀████▄  ██▄
█████▄            ▀█████  ██▄
▄█████████           ▀█████ ███▄
▄█████████▀▀           ▀█████ ███▄
▄███  █████             ▀█████ ████
███  █████                █████ ████
███ █████                  ████  ████
███ █████                ▄████  ████
███ █████                ███████████
▀██ █████▄                █████████
▀██ ██████▄                ▀█████
▀██ ███████                  ▀▀▀
▀██ ██████▄▄                 
▀██ ██████▄▄▄▄▄▄▄▄▄▄▄▄███▀
▀▀ █████████████████▀
▀▀▀██████▀▀▀▀

Fast, Secure, and Fully

DecentralizeTrading
BACKED BY:
─────────────────────────
BINANCE
─────── LAB
&█████████████████████████████████ █  ███
█▀    ▀█  ███▀▀▀▀▀████████  ████▀▀███▀ █
█  █████    ▄▄▄▄▄  █  ▀  █    ███  █  ██
█▄    ▀█  ██       █  ▄███  ██████   ███
█████  █  ██  ███  █  ████  ████  ▄  ███
█▄    ▄█▄  ▄█▄     ▀  ████▄  ▄█   ██  ██
████████████████████████████████████████


  Whitepaper
 Medium
Reddit
vdcc
Member
**
Offline Offline

Activity: 67
Merit: 10


View Profile
January 06, 2014, 06:40:04 PM
 #38

And who said it will kill btc?!
humanitee
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 502



View Profile
January 06, 2014, 06:42:03 PM
 #39

And who said it will kill btc?!

And that'll probably kill btc (as a currency and something revolutionary).

▄▄▄██████▄▄▄
▄███▀▀▀▀▀████▄▄ █▄▄
▄▄          ▀▀████▄  ██▄
█████▄            ▀█████  ██▄
▄█████████           ▀█████ ███▄
▄█████████▀▀           ▀█████ ███▄
▄███  █████             ▀█████ ████
███  █████                █████ ████
███ █████                  ████  ████
███ █████                ▄████  ████
███ █████                ███████████
▀██ █████▄                █████████
▀██ ██████▄                ▀█████
▀██ ███████                  ▀▀▀
▀██ ██████▄▄                 
▀██ ██████▄▄▄▄▄▄▄▄▄▄▄▄███▀
▀▀ █████████████████▀
▀▀▀██████▀▀▀▀

Fast, Secure, and Fully

DecentralizeTrading
BACKED BY:
─────────────────────────
BINANCE
─────── LAB
&█████████████████████████████████ █  ███
█▀    ▀█  ███▀▀▀▀▀████████  ████▀▀███▀ █
█  █████    ▄▄▄▄▄  █  ▀  █    ███  █  ██
█▄    ▀█  ██       █  ▄███  ██████   ███
█████  █  ██  ███  █  ████  ████  ▄  ███
█▄    ▄█▄  ▄█▄     ▀  ████▄  ▄█   ██  ██
████████████████████████████████████████


  Whitepaper
 Medium
Reddit
vdcc
Member
**
Offline Offline

Activity: 67
Merit: 10


View Profile
January 06, 2014, 06:44:35 PM
 #40

You do know that btc now isn't really a currency (and revolutionary, yet, but has potential), but store of value?!
Pages: « 1 [2] 3 4 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!