Hodlers will not change the world

[tee-rex]

Well, I know of a fact that for a crypto to gain value it has to be traded in the market and not hoarded. The hodlers/hoarders don't do a crypto any good but not many of them know this.

In order for Bitcoin to keep gaining value, and to maintain it, hoarding and hodling is the most important factor. Without people willing to hoard and hodl the price right now wouldn't even be close to the $1000 mark.

Everything inside me revolts against this statement. More specifically, hoarding or hodling may help boost the price in the short term indeed, but it is devastatingly detrimental to the long-term success of a coin, when the dust settles and speculation returns to its base levels. A cryptocurrency should be used as a currency to have real value. In essence, you are claiming that being scarce is sufficient for being valuable but it is not the case. To have value an asset should not just be scarce, it should also be useful at that. If it is not, then no matter how scarce it is, it will be worthless. And this is what hoarding eventually leads to.

[TmottaDing]

Maybe they are not going to change it, but they will improve it by a little bit, i dont expect to be rich because of bitcoin neither i dont want to see it replacing fiat, but it is an interesting technology and i like the way that it actually works.

[xTz]

For hodl'ers and traders i have a quick reminder:
Quote from Satoshi Nakamoto : "Bitcoin: A Peer-to-Peer Electronic Cash System"
This should not be a a peer-to-trade stock nor a peer-to-store of value.
A strong currency needs cashflow and money to move around. Otherwise slowly but surely bitcoin will be harder to be mass adopted.
Start using as a payment currency, only then you can see mass adoption.

[DOGECOIN92]

Well, I believe both the hodlers and traders do play their part in advancing cryptocurrency. I can't totally agree that hodlers would not change the world, but one thing is sure which is that cryptocurrency is a mode of payment and not a store of value. In this light, I believe there is nothing wrong in hodling as it would still be used on a later day.

[nioctiB#1]

I am somewhat agree and disagree on some part of this. Yes you are right that cryptocurrency will not grow if people will just hold it and do nothing like spend it or use it to pay something but also did you asked yourself if where can we really spend those cryptocurrency if there are still few merchants or stores that wants to accept it? So for me i agree that we should use cryptocurrency not just hold it but for them to grow it should start with big players to accept or adopt it as means of payment and people will come and the demand will rise also. This is my opinion.

[Nilda]

Hodlers are mostly people who invested only what they can afford to lose. These people just followed the cardinal rule in bitcoin investing. And now, you want them to sell at a loss so that they can change the world? 

[Rumhocker]

Without all those holders who have been holding their bitcoins tight during the last few months, i am more than sure in that the price would collapse in less than a few days (or could collapse way before than late december of last year) so yes, they change it.

[vv181]

Sadly fact currently mainstream thought BItcoin is a profit-driven asset. Lack of adoption hardly makes the community forced to convert to FIAT first before they able to use it. The platform that OP created is essentially needed in the current situation of the community. It definitely helps the adoption of Bitcoin.

[goldade]

There are two opinions in the crypto world: some people consider cryptocurrencies digital gold, while others believe that cryptocurrencies will be used as means of payment.
 
The first idea is quite convenient. You can just do nothing. For the first time ever, doing nothing has actually become a heroic deed – people are proud to be hodlers, proud to do nothing with their cryptocurrency. But do you really believe this approach will change the world? Seriously?
 
Let’s be honest. Real crypto communities – there are few. There are few people who own cryptocurrency. The number is vanishingly small. Crypto prices will not grow while there are so few of us. The demand is just too small and there are no drivers of growth.
 
So, what should we do? Is there a reason to just sit and wait for cryptocurrencies to grow? I believe there is none. The only possible solution is that people actually start using crypto in their everyday lives. The number of crypto transactions should amount to hundreds of millions a day. Then, and only then, will cryptocurrencies grow in price.
 
Personally, I see no other options. However, this cannot be handled by one man alone. The whole crypto community should do this. You may ask: is it possible to live paying with cryptocurrencies only? Judging from our experience –  yes. Moreover, we have video proof: here is a story of a guy from Scotland https://www.youtube.com/watch?v=Gb_yVnkHSFs and here is a story of a guy from Thailand https://www.youtube.com/watch?v=l09U16Oqbck.
 
People will say I’m biased, since I founded a project where you can sell and buy goods for crypto. Yes, it’s true. Still, I’m more interested in expansion of cryptocurrencies than in my project’s expansion. In fact, I founded it for one simple reason: I’m sure that hodlers will never change the world. But we will. We should just learn from the guys in our videos who pay with cryptocurrencies in everyday life and make cryptocurrencies valuable.  

Sadly, this is the reason most people are interested in bitcoin. They simply buy to HODL. They believe they don't have to do anything whatsoever to make money other than to buy and HODL. I know some people who don't know the current price of bitcoin just because they have bought it since 2016 and just left it there.
However, bitcoin is not made for that alone. Bitcoin should be used everyday. This is the reason why day traders should be appreciated. They help use bitcoin almost on a daily basis and this is what is needed for the price of bitcoin to grow.

[tee-rex]

There are two opinions in the crypto world: some people consider cryptocurrencies digital gold, while others believe that cryptocurrencies will be used as means of payment.
 
The first idea is quite convenient. You can just do nothing. For the first time ever, doing nothing has actually become a heroic deed – people are proud to be hodlers, proud to do nothing with their cryptocurrency. But do you really believe this approach will change the world? Seriously?
 
Let’s be honest. Real crypto communities – there are few. There are few people who own cryptocurrency. The number is vanishingly small. Crypto prices will not grow while there are so few of us. The demand is just too small and there are no drivers of growth.
 
So, what should we do? Is there a reason to just sit and wait for cryptocurrencies to grow? I believe there is none. The only possible solution is that people actually start using crypto in their everyday lives. The number of crypto transactions should amount to hundreds of millions a day. Then, and only then, will cryptocurrencies grow in price.
 
Personally, I see no other options. However, this cannot be handled by one man alone. The whole crypto community should do this. You may ask: is it possible to live paying with cryptocurrencies only? Judging from our experience –  yes. Moreover, we have video proof: here is a story of a guy from Scotland https://www.youtube.com/watch?v=Gb_yVnkHSFs and here is a story of a guy from Thailand https://www.youtube.com/watch?v=l09U16Oqbck.
 
People will say I’m biased, since I founded a project where you can sell and buy goods for crypto. Yes, it’s true. Still, I’m more interested in expansion of cryptocurrencies than in my project’s expansion. In fact, I founded it for one simple reason: I’m sure that hodlers will never change the world. But we will. We should just learn from the guys in our videos who pay with cryptocurrencies in everyday life and make cryptocurrencies valuable. 

Sadly, this is the reason most people are interested in bitcoin. They simply buy to HODL. They believe they don't have to do anything whatsoever to make money other than to buy and HODL. I know some people who don't know the current price of bitcoin just because they have bought it since 2016 and just left it there.
However, bitcoin is not made for that alone. Bitcoin should be used everyday. This is the reason why day traders should be appreciated. They help use bitcoin almost on a daily basis and this is what is needed for the price of bitcoin to grow.

Day traders look better to me than long-term holders, but let's not forget that it is still speculation and not real use. Further, while small-time day traders may actually add up to market liquidity (at least, this is what economic textbooks tell us), there are also big fish who are particularly interested in insane levels of volatility because through this volatility they earn hefty profits by taking money from small fish. And this kind of speculation doesn't have any positive effect on bitcoin real economy as no sane merchant or producer will use currencies as volatile as crypto, bitcoin included.

[Sithara007]

You don't need to badmouth the holders. They are also playing their part by preventing the further decline in the exchange rates. For Bitcoin to exist as a successful medium of payment, the exchange rates should either remain stable or increase.

[xTz]

Without all those holders who have been holding their bitcoins tight during the last few months, i am more than sure in that the price would collapse in less than a few days (or could collapse way before than late december of last year) so yes, they change it.

I don't care if bitcoin drop even at 10$ , i can use it at 10 100 1000 100k etc. As long as i have where to spend it, then i do not care about price. I want a stable coin and mass adopted. I do not want a stuck'd coin as a store of value.
I do not want to buy or sell bitcoin, i wanna use it regularly  as a payment gateway.
So, hodl'ers can stick their coins to their back, speculators.

[tee-rex]

Without all those holders who have been holding their bitcoins tight during the last few months, i am more than sure in that the price would collapse in less than a few days (or could collapse way before than late december of last year) so yes, they change it.

I don't care if bitcoin drop even at 10$ , i can use it at 10 100 1000 100k etc. As long as i have where to spend it, then i do not care about price. I want a stable coin and mass adopted. I do not want a stuck'd coin as a store of value.
I do not want to buy or sell bitcoin, i wanna use it regularly  as a payment gateway.
So, hodl'ers can stick their coins to their back, speculators.

And this is the problem. As long as people try to use crypto or bitcoin specifically as a vehicle for speculation, merchants and producers won't accept it. Speculation means volatility but why would they be willing to accept bitcoin if they can safely use the US dollar or whatever? Indeed, in some shady businesses using fiat currencies may not be an option (unless we are talking about cash) but these don't count for much. Apart from that, crypto is not actually used as a store of value as, for example, gold is used when it is passed from one generation to the next. Most people just keep the coins until the price rises enough and then they sell out. This is the same speculation, a couch potato one.

[sneeze11]

There are two opinions in the crypto world: some people consider cryptocurrencies digital gold, while others believe that cryptocurrencies will be used as means of payment.
 
The first idea is quite convenient. You can just do nothing. For the first time ever, doing nothing has actually become a heroic deed – people are proud to be hodlers, proud to do nothing with their cryptocurrency. But do you really believe this approach will change the world? Seriously?
 
Let’s be honest. Real crypto communities – there are few. There are few people who own cryptocurrency. The number is vanishingly small. Crypto prices will not grow while there are so few of us. The demand is just too small and there are no drivers of growth.
 
So, what should we do? Is there a reason to just sit and wait for cryptocurrencies to grow? I believe there is none. The only possible solution is that people actually start using crypto in their everyday lives. The number of crypto transactions should amount to hundreds of millions a day. Then, and only then, will cryptocurrencies grow in price.
 
Personally, I see no other options. However, this cannot be handled by one man alone. The whole crypto community should do this. You may ask: is it possible to live paying with cryptocurrencies only? Judging from our experience –  yes. Moreover, we have video proof: here is a story of a guy from Scotland https://www.youtube.com/watch?v=Gb_yVnkHSFs and here is a story of a guy from Thailand https://www.youtube.com/watch?v=l09U16Oqbck.
 
People will say I’m biased, since I founded a project where you can sell and buy goods for crypto. Yes, it’s true. Still, I’m more interested in expansion of cryptocurrencies than in my project’s expansion. In fact, I founded it for one simple reason: I’m sure that hodlers will never change the world. But we will. We should just learn from the guys in our videos who pay with cryptocurrencies in everyday life and make cryptocurrencies valuable.  

Yes holders will not change the world because they only want to get profit not to change the world. Actually we all want to get a big profit we work here to earn a lot of money and not by changing our world to better.

[CryptoPushkin]

There are two opinions in the crypto world: some people consider cryptocurrencies digital gold, while others believe that cryptocurrencies will be used as means of payment.
 
The first idea is quite convenient. You can just do nothing. For the first time ever, doing nothing has actually become a heroic deed – people are proud to be hodlers, proud to do nothing with their cryptocurrency. But do you really believe this approach will change the world? Seriously?
 
Let’s be honest. Real crypto communities – there are few. There are few people who own cryptocurrency. The number is vanishingly small. Crypto prices will not grow while there are so few of us. The demand is just too small and there are no drivers of growth.
 
So, what should we do? Is there a reason to just sit and wait for cryptocurrencies to grow? I believe there is none. The only possible solution is that people actually start using crypto in their everyday lives. The number of crypto transactions should amount to hundreds of millions a day. Then, and only then, will cryptocurrencies grow in price.
 
Personally, I see no other options. However, this cannot be handled by one man alone. The whole crypto community should do this. You may ask: is it possible to live paying with cryptocurrencies only? Judging from our experience –  yes. Moreover, we have video proof: here is a story of a guy from Scotland https://www.youtube.com/watch?v=Gb_yVnkHSFs and here is a story of a guy from Thailand https://www.youtube.com/watch?v=l09U16Oqbck.
 
People will say I’m biased, since I founded a project where you can sell and buy goods for crypto. Yes, it’s true. Still, I’m more interested in expansion of cryptocurrencies than in my project’s expansion. In fact, I founded it for one simple reason: I’m sure that hodlers will never change the world. But we will. We should just learn from the guys in our videos who pay with cryptocurrencies in everyday life and make cryptocurrencies valuable.  

You are absolutely right. Hodlers may get their little advantage hodling but for the system as a whole it doesn't really add anything. Good Food for thoughs!

[fargoway]

There are two opinions in the crypto world: some people consider cryptocurrencies digital gold, while others believe that cryptocurrencies will be used as means of payment.
 
The first idea is quite convenient. You can just do nothing. For the first time ever, doing nothing has actually become a heroic deed – people are proud to be hodlers, proud to do nothing with their cryptocurrency. But do you really believe this approach will change the world? Seriously?
 
Let’s be honest. Real crypto communities – there are few. There are few people who own cryptocurrency. The number is vanishingly small. Crypto prices will not grow while there are so few of us. The demand is just too small and there are no drivers of growth.
 
So, what should we do? Is there a reason to just sit and wait for cryptocurrencies to grow? I believe there is none. The only possible solution is that people actually start using crypto in their everyday lives. The number of crypto transactions should amount to hundreds of millions a day. Then, and only then, will cryptocurrencies grow in price.
 
Personally, I see no other options. However, this cannot be handled by one man alone. The whole crypto community should do this. You may ask: is it possible to live paying with cryptocurrencies only? Judging from our experience –  yes. Moreover, we have video proof: here is a story of a guy from Scotland https://www.youtube.com/watch?v=Gb_yVnkHSFs and here is a story of a guy from Thailand https://www.youtube.com/watch?v=l09U16Oqbck.
 
People will say I’m biased, since I founded a project where you can sell and buy goods for crypto. Yes, it’s true. Still, I’m more interested in expansion of cryptocurrencies than in my project’s expansion. In fact, I founded it for one simple reason: I’m sure that hodlers will never change the world. But we will. We should just learn from the guys in our videos who pay with cryptocurrencies in everyday life and make cryptocurrencies valuable.  

This is so true. I am very tired of people screaming: "Bitcoin will change the world, we should jus HODL" - this is so annoying. Nobody wants to contribute at least by using crypto as payment method. I am not even speaking about educating others people about what cryptocurrency and blockchain is. Money want appear in your wallet if you will just sit and wait for it.

[tee-rex]

There are two opinions in the crypto world: some people consider cryptocurrencies digital gold, while others believe that cryptocurrencies will be used as means of payment.
 
The first idea is quite convenient. You can just do nothing. For the first time ever, doing nothing has actually become a heroic deed – people are proud to be hodlers, proud to do nothing with their cryptocurrency. But do you really believe this approach will change the world? Seriously?
 
Let’s be honest. Real crypto communities – there are few. There are few people who own cryptocurrency. The number is vanishingly small. Crypto prices will not grow while there are so few of us. The demand is just too small and there are no drivers of growth.
 
So, what should we do? Is there a reason to just sit and wait for cryptocurrencies to grow? I believe there is none. The only possible solution is that people actually start using crypto in their everyday lives. The number of crypto transactions should amount to hundreds of millions a day. Then, and only then, will cryptocurrencies grow in price.
 
Personally, I see no other options. However, this cannot be handled by one man alone. The whole crypto community should do this. You may ask: is it possible to live paying with cryptocurrencies only? Judging from our experience –  yes. Moreover, we have video proof: here is a story of a guy from Scotland https://www.youtube.com/watch?v=Gb_yVnkHSFs and here is a story of a guy from Thailand https://www.youtube.com/watch?v=l09U16Oqbck.
 
People will say I’m biased, since I founded a project where you can sell and buy goods for crypto. Yes, it’s true. Still, I’m more interested in expansion of cryptocurrencies than in my project’s expansion. In fact, I founded it for one simple reason: I’m sure that hodlers will never change the world. But we will. We should just learn from the guys in our videos who pay with cryptocurrencies in everyday life and make cryptocurrencies valuable. 

This is so true. I am very tired of people screaming: "Bitcoin will change the world, we should jus HODL" - this is so annoying. Nobody wants to contribute at least by using crypto as payment method. I am not even speaking about educating others people about what cryptocurrency and blockchain is. Money want appear in your wallet if you will just sit and wait for it.

To tell the truth, it had been working like a charm for at least since August, 2015, and till December, 2017, that is for more than two years in a row. People could actually buy at whatever price and then literally sit on their hands doing nothing until the price hit a new time high eventually. So don't get surprised when you see people crying now. With that said, I can't possibly agree that anyone should contribute to using crypto as a payment method willingly and intentionally. It should come about on its own, naturally, due to its own merits and benefits.

[melonbtchunter]

I don't know if the hodlers could change the world. but it could reduce the panic selling tho which is good for the market. For me I personally belive if every state ligalize bitcoin their country. And everybody use it and invest more and more. Then it will be change the world.

[drachman]

There are two opinions in the crypto world: some people consider cryptocurrencies digital gold, while others believe that cryptocurrencies will be used as means of payment.
 
The first idea is quite convenient. You can just do nothing. For the first time ever, doing nothing has actually become a heroic deed – people are proud to be hodlers, proud to do nothing with their cryptocurrency. But do you really believe this approach will change the world? Seriously?
 
Let’s be honest. Real crypto communities – there are few. There are few people who own cryptocurrency. The number is vanishingly small. Crypto prices will not grow while there are so few of us. The demand is just too small and there are no drivers of growth.
 
So, what should we do? Is there a reason to just sit and wait for cryptocurrencies to grow? I believe there is none. The only possible solution is that people actually start using crypto in their everyday lives. The number of crypto transactions should amount to hundreds of millions a day. Then, and only then, will cryptocurrencies grow in price.
 
Personally, I see no other options. However, this cannot be handled by one man alone. The whole crypto community should do this. You may ask: is it possible to live paying with cryptocurrencies only? Judging from our experience –  yes. Moreover, we have video proof: here is a story of a guy from Scotland https://www.youtube.com/watch?v=Gb_yVnkHSFs and here is a story of a guy from Thailand https://www.youtube.com/watch?v=l09U16Oqbck.
 
People will say I’m biased, since I founded a project where you can sell and buy goods for crypto. Yes, it’s true. Still, I’m more interested in expansion of cryptocurrencies than in my project’s expansion. In fact, I founded it for one simple reason: I’m sure that hodlers will never change the world. But we will. We should just learn from the guys in our videos who pay with cryptocurrencies in everyday life and make cryptocurrencies valuable.  

I was not aware that holders wanted to change the world, your desire is correct but your argument is flawed, in a capitalist economy people are going to look for their self interest, all of those that are holding are thinking that they will get bigger benefits from holding their coins than the benefits they can get of spending their coins right now and the past of bitcoin proves they are right, if you want them to spend you will need to incentivize them to do it and that will only happen when the price is very high and we can use bitcoin directly for most transactions.

[blue_dragon]

Very interesting, I don't know if the hodlers could change the world but it could reduce the panic selling tho which is good for the market I think. For me personally the world will change if there is no more war, and a terrible politicalism in each country.

Holdersmay change the world especially the price of cryptocurrency in market will start to decrease. If all bitcoin users will not sell their bitcoin then the price of bitcoin will go down and it has a big impact to the market.