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Author Topic: What should we focus on more? Demand or Supply?  (Read 1402 times)
noah tall
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September 09, 2018, 02:50:42 PM
 #121

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 >  Cool  

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.
In cases where there is a mass adoption, it is sure demand will always increase more than supply and since a lot of holders will prefer that anyway, it makes it more of a focus for a lot but in the real sense, demand and supply are equally important as that in a way brings about a balance eventually in the market.
The good thing though about most cryptocurrencies have a limited supply which brings about the deflationary nature, and in that case, there will always is more when it comes to demand eventually.

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September 09, 2018, 03:09:49 PM
 #122

Nice post dude,you have alots of good eyesight about the circulation of the market as I believe that satoshi nakamoto created bitcoin to be a material for payments not for being hold,yes i admit that i am holder of this prestigious coin but i use this also for some payments in real life things that must be realized by the biggest holders of the cryptocurrencies

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September 09, 2018, 03:15:20 PM
 #123

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 >  Cool  
Well, i think the higher the demand, the higher the price. But i guess, we need to balance the supply and demand to control the price in a right price. not low, and not that much high. But in crypto, we need a higher demand than higher supply.

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September 09, 2018, 03:18:24 PM
 #124

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 >  Cool  
This thread is encouraging people to hold bitcoins and i agree with it because it will help market price for bitcoin to increase. There is no better idea than giving FUD's to investors that will going to believe and will going to sell their bitcoin holdings because of false information widely spread among the FUDster's. I should hope that many will going to buy bitcoin and hold for now as the current market for bitcoin looks so bad.
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September 09, 2018, 03:50:11 PM
 #125

I am of the view the spending more and more bitcoins will increase its' popularity.  Spending more will depend  on the number of institutions / firms / organisations accepting bitcoin as payment for their services / commodities.  
So more and more institutions should be motivated or they should come forward in accepting bitcoin.  Then bitcoin will be used for the original objective for which it was created i.e. currency payment.

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September 09, 2018, 03:57:20 PM
 #126

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.
Here in cryptocurrency it is not like that because the supply is being determine already and this will be the basis for the market price to increase. The lesser the supply the  higher the market price of the crypto will be. So this will lead to a competition where one should buy more of that crypto because that crypto has a huge profit from the implementation and realization of the project.
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September 09, 2018, 06:51:55 PM
 #127

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 >  Cool  

I absolutely agree with your point and your strategy. However, everyone knows what works best for him/her. Meanwhile let's not forget that the supply of bitcoin is fixed. The focus should be on demand which will be drive by merchants accepting bitcoin as payment method.

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September 09, 2018, 09:15:57 PM
 #128

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 >  Cool 

I absolutely agree with your point and your strategy. However, everyone knows what works best for him/her. Meanwhile let's not forget that the supply of bitcoin is fixed. The focus should be on demand which will be drive by merchants accepting bitcoin as payment method.
Right.We should have more focus on the demand itself because if the demand increases,the price will continue to rise up and will reach new heights.More people will benefit from it especially for those who have made long term holding of bitcoins.Eventually more merchants will start to accept bitcoins in exchange for goods and services.


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September 09, 2018, 10:56:03 PM
 #129

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 >  Cool 

I absolutely agree with your point and your strategy. However, everyone knows what works best for him/her. Meanwhile let's not forget that the supply of bitcoin is fixed. The focus should be on demand which will be drive by merchants accepting bitcoin as payment method.
There should be more demand knowing the supply is already fixed.If this will happen,good things will happen continuously to crypto and in a short time from now,more establishments will now be open in accepting bitcoin as a payment system.

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September 10, 2018, 02:20:02 AM
 #130

Even though the demand and total supply of bitcoin has an effect that makes the bitcoin price conditions have a movement, but there are some other things that make the price of bitcoin has a movement, one of them is the bad news and some information in some countries so you should not just focus on demand and total supply only.


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September 10, 2018, 02:34:01 AM
 #131

In my opinion giving them a proper education on cryptocurrency is one of the good idea. Teaching them to explore more before making moves.
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September 10, 2018, 02:44:15 AM
 #132

Even though the demand and total supply of bitcoin has an effect that makes the bitcoin price conditions have a movement, but there are some other things that make the price of bitcoin has a movement, one of them is the bad news and some information in some countries so you should not just focus on demand and total supply only.
Part of this market is also the acceptance of each communities who supposed to use the system, though it will also ends up with supply and demand after, but more public advertisement and allow the majority to use the system as an alternative ways for transacting payments process, the purpose should be the priority and not alone as an investment vehicle for future gains, in this early age of crypto we should focus on how things can be usable and how community will be able to help the system to attract more users and investors.

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BitTraderCute
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September 10, 2018, 03:07:30 AM
 #133

Even though the demand and total supply of bitcoin has an effect that makes the bitcoin price conditions have a movement, but there are some other things that make the price of bitcoin has a movement, one of them is the bad news and some information in some countries so you should not just focus on demand and total supply only.
good or bad news are the thing that influenced to supply and demand amount.it has direct correlation and could not walk alone.for example if good news come to market, the demand automaticly increase.

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September 10, 2018, 03:35:50 AM
 #134

Definitely demand. More demands more buyers.
Buyers will bring more buy volume which will put pressure on the bears. I believe the market will go positive when we have more buyers.
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September 10, 2018, 06:26:03 AM
 #135

Indeed, in the economics they should have demand and the supply. Supply is one who supple the product while the demand is willingness and ability to purchase a commodity or service, it also called the buyers. We should focus in the two which are demand and supply, they must be balance in the world of economics. In overall, in the cryptocurrency market is same as in the economy that should be balance the demand and supply to run properly and correctly.
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September 10, 2018, 07:07:30 AM
 #136

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 >  Cool  



Those crazy-rich whale probably won't consider our concerns and at this point, they must have hoard almost the 50% supply of bitcoin. Our only way is to increase the demand and awareness so when it rises, the whales will release a great portion of what they have hoarded for many years.

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September 10, 2018, 07:14:37 AM
 #137

I am personally in the demand for bitcoin and other Altoona.  This is the time I see to be good to invest in the coins since the spike will come but as to how soon,i don't know specifically.
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September 10, 2018, 07:28:18 AM
 #138

I think we should focus on demand. Because the most important thing in a new market is demand. If the demand is not large it will lead to reduced liquidity and the market will not have much activity. So I think the demand is important.

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September 10, 2018, 09:00:20 AM
 #139

I think what we should really focus on is the demand. No matter what it is, if people wants it then we can sell it. That is the basis of a business outline. Creating a demand. Once you've done that, the supply you'll be making will be eaten up by the consumers in general. I think the same could be said in Crypto currency.

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September 10, 2018, 09:08:42 AM
 #140

I think if we are going to make the economic subject as the baseline then I think demand will be the one who could drive the market to have a huge recovery. This movement will be brought by an increasing demand.

This is true. If the demand will rise then probably the value of the bitcoin will also rise. It os the rule in economics im which if there will be a shortage in supply because of the high demand then rhe market value or the price will go high. At that is what expected to happen in the bitcoin. That is why hodlers are waiting forore investors tonhve a better profit.

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