What should we focus on more? Demand or Supply?

[anavir]

for me, both are important because even their is enough supply but no demands the result is fluctuation although it could help some investors to invest more but what about those are waiting for the high price?when their is big demand,their is a need of big supply too meaning,both will go together

[Ziskinberg]

for me, both are important because even their is enough supply but no demands the result is fluctuation although it could help some investors to invest more but what about those are waiting for the high price?when their is big demand,their is a need of big supply too meaning,both will go together

Exactly.Both should increase together.If there are more demands already,so more investors will make investments and it needs a big amount of supply too.I think both should work together hand in hand so we can expect a positive outcome in the end.

[MMysterious]

for me, both are important because even their is enough supply but no demands the result is fluctuation although it could help some investors to invest more but what about those are waiting for the high price?when their is big demand,their is a need of big supply too meaning,both will go together

Exactly.Both should increase together.If there are more demands already,so more investors will make investments and it needs a big amount of supply too.I think both should work together hand in hand so we can expect a positive outcome in the end.

I get your point. If need stability supply and demand should increase or balance and its called economic equilibrium where in supply and demand meet at a certain point but if you want the price to go higher you need a bigger demand and i would say limited supply. The scarcity of a certain product will drive the price to go higher when you have a demand on that. Maybe supply and demand is so important but I do think Demand makes a difference.

[BertoloyBTC]

We will be much focusing on the demand of cryptocurrency ,because if we talk of supply there are many new launched tokens and altcoins in the market , so there is no problem with regards to narket supply because of the altcoins flooding in the market cap now, so the demand for customers and investors are much to be focus as of now.

[shesheboy]

@op that will depend on you . if you are an investor or trader then you need to focus on the supply of the coin before you buy them because some people say that if a coin has a less supply there is high chance that those coin can increase and pump more when compared to the coins that have a lot of supply .

but if you are a worker and only depending on the value of btc , then it is obvious that you want more demand because the higher the demand the higher the price will also get by cryptos .

[justspare]

I see a lot of people that are hoarding 100% of their bitcoins, because they believe cutting off the supply, would be enough to increase the price. <mostly speculators>

Would it not be better, if we increased the demand by increasing Bitcoin awareness and convincing more merchants to offer Bitcoin payments?

A 100% hoarding strategy is more harmful, because it cancels all the good work that was done to get merchants to accept Bitcoin as a payment option. A merchant will stop accepting Bitcoin, if their is no demand or transactions being generated for their business from the Bitcoin payment side.

We should actively encourage local merchants to start accepting bitcoins and then we should start supporting them. <No matter how low the price is>

Just buy back the bitcoins that you spend and you will be fine or use money that you would not have hoarded and buy the goods or service with bitcoins. <So when the price increase, you will not have regrets that you spend those coins>

Adopt a 80% hoarding and 20% spending strategy and we will see a massive increase in Bitcoin adoption <Merchants & Bitcoin users >    

That's not how things work. You can't just focus more on one thing. We don't live in a world that has perfectly elastic supply or a world of perfectly inelastic demand. This won't make sense to you,if you haven't learnt Economics.

If you focus on demand more, then we will be forced in a situation where demand drops and supply increases until they crossover at a point called equilibrium which would decide the equilibrium price and equilibrium quantity. Same applies to supply.

Crypto-economics is different than normal economics, so things can be more complicated than what I said.

Agreed 100%! It is indeed glaring to everyone how complex things are in this space and for the fact that most investors see it more as an investment and would rather hold than spend considering the level at which the value can reach eventually has made it more of a speculative asset than for it to be used as a currency.

We also cannot expect things to happen overnight, as all these things will be a gradual process until we achieve equilibrium, and this is where the idea of having a somewhat less volatile value will come in, but we all know it is actually not that easy and like you said, it is really easier said than done.

[pobeditelvezde]

It is the quite strange question because demand and supply are both important equally. As we know if demand is bigger than supply then a price of a particular asset goes up and obviously if supply is bigger than demand then a price goes down respectively. If demand and supply are approximately equal than a price is not changed sufficiently. Iam sure we should wait a new hype around crypto currencies that will cause new tremendous demand but actually I do not know when it will happen. I am observing the crypto market and I do not see any demand increasing instead crypto assets are in stagnation or in a downtrend

[pitiflin]

Agreed 100%! It is indeed glaring to everyone how complex things are in this space and for the fact that most investors see it more as an investment and would rather hold than spend considering the level at which the value can reach eventually has made it more of a speculative asset than for it to be used as a currency.

We also cannot expect things to happen overnight, as all these things will be a gradual process until we achieve equilibrium, and this is where the idea of having a somewhat less volatile value will come in, but we all know it is actually not that easy and like you said, it is really easier said than done.

When there's a price, there's an equilibrium. As soon as anything hits the market, equilibrium comes into position. There'll be some point,where the market would be in disequilibrium, only to go back to the equilibrium point at a later stage.

People don't understand at all,that there is something called economics, and that plays a big role. I feel bitcoin is somewhat headed to the same 1929 The great Depression scenario, people didn't realize that economics is also dealt on an entire economy level and not just on a micro level. But in bitcoin, people don't even see anything of it related to economics. Its disappointing that more stupid people are involved in it,and not more smart people.

[hildacitra]

To me, both demand and supply should be main focus, because those are go run together. The supply should fill the demand otherwise there will be unstable on the market/value. There are many people are hoarding their coins because they think that it is better holding and hoarding their coins rather than selling it, in fact that the market is not stable.

We should prevent hoarding to avoid dump, people now tend to be greedy. They never think and feel other.

[chocolah29]

~

Adopt a 80% hoarding and 20% spending strategy and we will see a massive increase in Bitcoin adoption <Merchants & Bitcoin users >    

IMO, adoption of merchants isn't the only way to have a massive increase, we can still achieve this by buying more even we don't spend it. The fact that the value grows significantly, some prefer this to hold than use.

Consequentially, merchants shouldn't be the issue here since merchants isn't open for this, so the least we can do is refrain ourselves from selling, since selling will just make some dips thus buying more is a key to heightened the demand. Actually, this should start from ourselves.

[Ctn]

for me, both are important because even their is enough supply but no demands the result is fluctuation although it could help some investors to invest more but what about those are waiting for the high price?when their is big demand,their is a need of big supply too meaning,both will go together

Exactly.Both should increase together.If there are more demands already,so more investors will make investments and it needs a big amount of supply too.I think both should work together hand in hand so we can expect a positive outcome in the end.

Nah, it doesnt work like that mate. The crypto currencies when formed are completely independent of supply, they all have the limited supply and thus there is no way one can increase them in the later period. They are already fixed up when they are forming a smart contract with the platform. Only those coins which are centralised one will have the unlimited supply but as we know very well, their value is not rising properly because supply is always higher than the demand. As soon as demand goes up the supply is raised and thus it gets diluted. Its better to have the same condition which we see today.

[spongegar]

I see a lot of people that are hoarding 100% of their bitcoins, because they believe cutting off the supply, would be enough to increase the price. <mostly speculators>

Would it not be better, if we increased the demand by increasing Bitcoin awareness and convincing more merchants to offer Bitcoin payments?

A 100% hoarding strategy is more harmful, because it cancels all the good work that was done to get merchants to accept Bitcoin as a payment option. A merchant will stop accepting Bitcoin, if their is no demand or transactions being generated for their business from the Bitcoin payment side.

We should actively encourage local merchants to start accepting bitcoins and then we should start supporting them. <No matter how low the price is>

Just buy back the bitcoins that you spend and you will be fine or use money that you would not have hoarded and buy the goods or service with bitcoins. <So when the price increase, you will not have regrets that you spend those coins>

Adopt a 80% hoarding and 20% spending strategy and we will see a massive increase in Bitcoin adoption <Merchants & Bitcoin users >    

It is true that in the case of crypto currency, demand should be increased by accepting more and more platforms for bitcoin or any other crypto currency to be more and more useful and increase awareness. Simply put, if more and more people know of crypto currency, the more people will buy it.

[yonjitsu]

What's about for supply if noone demands for it? IMO, prices are low if the demand is low too so i think the increasing demand of people especially towards cryptocurrencies will drive the crypto/cryptomarket towards its healthy status that may even last for a long time.

[streazight]

I see a lot of people that are hoarding 100% of their bitcoins, because they believe cutting off the supply, would be enough to increase the price. <mostly speculators>

Would it not be better, if we increased the demand by increasing Bitcoin awareness and convincing more merchants to offer Bitcoin payments?

A 100% hoarding strategy is more harmful, because it cancels all the good work that was done to get merchants to accept Bitcoin as a payment option. A merchant will stop accepting Bitcoin, if their is no demand or transactions being generated for their business from the Bitcoin payment side.

We should actively encourage local merchants to start accepting bitcoins and then we should start supporting them. <No matter how low the price is>

Just buy back the bitcoins that you spend and you will be fine or use money that you would not have hoarded and buy the goods or service with bitcoins. <So when the price increase, you will not have regrets that you spend those coins>

Adopt a 80% hoarding and 20% spending strategy and we will see a massive increase in Bitcoin adoption <Merchants & Bitcoin users >    

When people hold a lot of Bitcoins it will prevent manipulation just like someone once said… but if there are lots of people selling out their Bitcoins, it will lead to a huge drop in the price of that particular cryptocurrency creating a chance for ‘Pumpers’ (who are usually a group of investors working together) to get in and buy at a very cheaper rate and raise the price to higher rate and once it’s up they will dump it again.

These people don’t get chance when there are lots of people holding. But don’t forget that this pump is a way for many people to make profit from crypto.

[resty]

I see a lot of people that are hoarding 100% of their bitcoins, because they believe cutting off the supply, would be enough to increase the price. <mostly speculators>

Would it not be better, if we increased the demand by increasing Bitcoin awareness and convincing more merchants to offer Bitcoin payments?

A 100% hoarding strategy is more harmful, because it cancels all the good work that was done to get merchants to accept Bitcoin as a payment option. A merchant will stop accepting Bitcoin, if their is no demand or transactions being generated for their business from the Bitcoin payment side.

We should actively encourage local merchants to start accepting bitcoins and then we should start supporting them. <No matter how low the price is>

Just buy back the bitcoins that you spend and you will be fine or use money that you would not have hoarded and buy the goods or service with bitcoins. <So when the price increase, you will not have regrets that you spend those coins>

Adopt a 80% hoarding and 20% spending strategy and we will see a massive increase in Bitcoin adoption <Merchants & Bitcoin users >    

I started to go in business of bitcoin of course I choose to focus on supply first which I buy a large amount of stocks and preparing to Invest later to the purpose of getting big profit after the deflation rate of bitcoin.

[Getcoinsite]

THE main reason why satoshi nakamoto created this coin is to be used as currency,virtual money that may act as payments for all transactions online.and hoarding is not part of the plan the matter is this greed people find it profitable that holding large amount of this coin may bring them profit because they can control the market price from this..I believe that bitcoin is more profitable if this will circulate and not be hold

[fasdorcas]

I see a lot of people that are hoarding 100% of their bitcoins, because they believe cutting off the supply, would be enough to increase the price. <mostly speculators>

Would it not be better, if we increased the demand by increasing Bitcoin awareness and convincing more merchants to offer Bitcoin payments?

A 100% hoarding strategy is more harmful, because it cancels all the good work that was done to get merchants to accept Bitcoin as a payment option. A merchant will stop accepting Bitcoin, if their is no demand or transactions being generated for their business from the Bitcoin payment side.

We should actively encourage local merchants to start accepting bitcoins and then we should start supporting them. <No matter how low the price is>

Just buy back the bitcoins that you spend and you will be fine or use money that you would not have hoarded and buy the goods or service with bitcoins. <So when the price increase, you will not have regrets that you spend those coins>

Adopt a 80% hoarding and 20% spending strategy and we will see a massive increase in Bitcoin adoption <Merchants & Bitcoin users >    

To me, 100% hoarding even makes it more centered on a speculative investment than getting to see its real life usage as a currency in action. Hoarding by everyone will not solve that part that I just mentioned because it is supply and demand that really makes the market and for what it is worth, as long as the supply is intact, and we get a lot of demand for it as currency, we will be able to see a balanced curve.

Not like hoarding is bad, and for sure demand is far more important for the growth in value of anything, but at the same time, we should not because of that rule out supply just like you mention.

[Ewinsane]

for me, both are important because even their is enough supply but no demands the result is fluctuation although it could help some investors to invest more but what about those are waiting for the high price?when their is big demand,their is a need of big supply too meaning,both will go together

Both are always going to be important in any market which is what makes it a market anyway. Usually, there will always be some elastic limit which could happen in both sides and then we get to see the market being overbought or oversold and then the possibility of a reversal.

This is where demand and supply comes in. However, it is understandable that when demand is far more than supply, in this instance, the price tend to increase and vice versa, which in a way makes both a price determinant.

[sublime5447]

This is the error of the HODLer's mindset, no I don't blame the HODL principle, I agree with this thread that we should not be afraid to use Bitcoin because it can increase demand and in my opinion HODL doesn't have to be forever, you should have a target when you have to HODL then buyback to reach the next target

[justdimin]

This is the error of the HODLer's mindset, no I don't blame the HODL principle, I agree with this thread that we should not be afraid to use Bitcoin because it can increase demand and in my opinion HODL doesn't have to be forever, you should have a target when you have to HODL then buyback to reach the next target

The main question here is not that should we focus on getting demand or supply higher, neither the op nor probably none of us has the power to change the current demand or supply all ourselves.

Of course what he means that what should we look at to try to understand the upcoming increases or decreases in the price which means the proper way to ask this question is "do you think demand or supply effects the market more" and that is of course can be answered "both" because if the demand is more than supply than the price of bitcoin goes up and if the supply is more than the demand than the price of bitcoin goes down.

It is simple math really after all .