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Author Topic: If everyone is holding their bitcoin, will there be a balance?  (Read 914 times)
Stablexcoin
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March 30, 2024, 02:11:26 AM
 #121

I have read several posts encouraging people to hold their bitcoin for the greater good of bitcoin and probably more reward in the future. I have also been able to buy some for myself and also holding. But there is this concern that usually pop up in my head anytime I am meditating and that is what will happen if everyone is holding their bitcoin and no one is willing to sell. This can possibly happen in the future when mining reward becomes too small. I know some people will say that miners will continue to mine and sell to sustain their business but when there is reduced selling, will mining still be a profitable business?

If this question appear dumb, please pardon me, I just need clarifications. 

It might seem impossible for everyone to hold onto Bitcoin without selling it, because without sellers, buyers wouldn't have the chance to purchase Bitcoin. Without competition between those wanting to sell and those wanting to buy, there wouldn't be fluctuations in the price of Bitcoin, which typically increases with higher demand. If there are no sellers, the price of Bitcoin would likely stay the same. While Bitcoin was created with a limited supply, its purpose wasn't solely for holding onto it; rather, it was designed as an alternative to traditional fiat currency.

However, many people now view it as an asset and invest in it accordingly. Despite this, some individuals are willing to spend their Bitcoin when opportunities arise, suggesting that while holding onto Bitcoin is popular, it's not the only way people interact with the cryptocurrency.


It won't be possible for bitcoin owners to not sell at all. Because there are more day-to-day traders in the system than investors that are holding their bitcoin for long. What am trying to say here is that I believe the percentage of total Bitcoin users who are holders is minimal compared to the total audience. Even we humans have our daily needs and wants like feeding, clothing, paying tuition fees, and bills (internet and electricity) which may warrant someone to sell to settle the striving needs.

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March 30, 2024, 08:13:21 AM
 #122

I have read several posts encouraging people to hold their bitcoin for the greater good of bitcoin and probably more reward in the future. I have also been able to buy some for myself and also holding. But there is this concern that usually pop up in my head anytime I am meditating and that is what will happen if everyone is holding their bitcoin and no one is willing to sell. This can possibly happen in the future when mining reward becomes too small. I know some people will say that miners will continue to mine and sell to sustain their business but when there is reduced selling, will mining still be a profitable business?

Without buying and selling of bitcoin, the price will not be changing. because what make the price of Bitcoin to be changing is the sellers, when the demand is high the price will get high because people who need it are more than people that are going sell. so, you will see that they will be the one to change the price of Bitcoin and this is why the price get high you know nobody will sell at lost and since people need it, they will make the price to go higher so that they can get much profit when they sell.

However, it will be very hard to see people who don't want to sell their Bitcoin, everybody will sell their investment because that is the main thing why they invest. but if we say we are using bitcoin as the main reason why it was created, I will say the price may stay the way it is, since people will not be selling or buying. we will just be using it as a means of making payment whenever we purchase something from stores, and you know that is why the currency was design from the first place. So, the thing is that everybody will sell their investment nobody will hodl and don't want to sell.

R


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March 30, 2024, 09:04:53 AM
 #123

I have read several posts encouraging people to hold their bitcoin for the greater good of bitcoin and probably more reward in the future. I have also been able to buy some for myself and also holding. But there is this concern that usually pop up in my head anytime I am meditating and that is what will happen if everyone is holding their bitcoin and no one is willing to sell. This can possibly happen in the future when mining reward becomes too small. I know some people will say that miners will continue to mine and sell to sustain their business but when there is reduced selling, will mining still be a profitable business?

If this question appear dumb, please pardon me, I just need clarifications. 

It might seem impossible for everyone to hold onto Bitcoin without selling it, because without sellers, buyers wouldn't have the chance to purchase Bitcoin. Without competition between those wanting to sell and those wanting to buy, there wouldn't be fluctuations in the price of Bitcoin, which typically increases with higher demand. If there are no sellers, the price of Bitcoin would likely stay the same. While Bitcoin was created with a limited supply, its purpose wasn't solely for holding onto it; rather, it was designed as an alternative to traditional fiat currency.

However, many people now view it as an asset and invest in it accordingly. Despite this, some individuals are willing to spend their Bitcoin when opportunities arise, suggesting that while holding onto Bitcoin is popular, it's not the only way people interact with the cryptocurrency.


It won't be possible for bitcoin owners to not sell at all. Because there are more day-to-day traders in the system than investors that are holding their bitcoin for long. What am trying to say here is that I believe the percentage of total Bitcoin users who are holders is minimal compared to the total audience. Even we humans have our daily needs and wants like feeding, clothing, paying tuition fees, and bills (internet and electricity) which may warrant someone to sell to settle the striving needs.
This is just unthinkable and will not happen, it can only be practical in imagination. In my experience, Bitcoin is an asset, and anything called an asset will always have the rule of economics regarding the demand and supply happening to it. It can't be only the demand or the supply, because if that's the case, where will the dynamism of the market be which is the most unique attribute of financial market assets? There are times when people will like to invest and divest for one reason or the other. The need for money as you mentioned is part of it even as people need money variedly when it comes to time and size. Some might need it for pressing issues, while others might need it for frivolities or the purchase of properties or to further invest it in stocks and many more. And what the money is meant for might be proportional to the size of the money removed from the Bitcoin market.

Also, people may be speculative and decide that the market will sell at a certain time, which is a very good reason to divest. No matter what, investors will always have the Want and Need for the liquidation of some or all of their Bitcoin for whatever reason. The same thing goes for the demand as well, a lot of people will be investing even at the time some people are divesting. Assets like Bitcoin will often record many of such transactions in a day and this is why the chart of any asset is never a smooth slope.

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March 30, 2024, 09:36:17 AM
 #124

I have read several posts encouraging people to hold their bitcoin for the greater good of bitcoin and probably more reward in the future. I have also been able to buy some for myself and also holding. But there is this concern that usually pop up in my head anytime I am meditating and that is what will happen if everyone is holding their bitcoin and no one is willing to sell. This can possibly happen in the future when mining reward becomes too small. I know some people will say that miners will continue to mine and sell to sustain their business but when there is reduced selling, will mining still be a profitable business?

If this question appear dumb, please pardon me, I just need clarifications. 
Your question is correct in my opinion, but you must understand that if miners' rewards continue to fall, they will not abandon their mining equipment simply because the reward they receive is little; instead, they will sell their Bitcoins at a higher price, which is what will happen. If miners' rewards are reduced, Bitcoin's value will always rise, and as a result, holders will benefit, as will traders. I do not believe liquidity will decrease because people are learning about Bitcoin every day, and adoption will continue because we all want financial freedom.

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March 30, 2024, 09:40:18 AM
 #125

Without buying and selling of bitcoin, the price will not be changing. because what make the price of Bitcoin to be changing is the sellers, when the demand is high the price will get high because people who need it are more than people that are going sell. so, you will see that they will be the one to change the price of Bitcoin and this is why the price get high you know nobody will sell at lost and since people need it, they will make the price to go higher so that they can get much profit when they sell.

However, it will be very hard to see people who don't want to sell their Bitcoin, everybody will sell their investment because that is the main thing why they invest. but if we say we are using bitcoin as the main reason why it was created, I will say the price may stay the way it is, since people will not be selling or buying. we will just be using it as a means of making payment whenever we purchase something from stores, and you know that is why the currency was design from the first place. So, the thing is that everybody will sell their investment nobody will hodl and don't want to sell.
Bitcoin will be stable coins without any seller or buyer sell and buy bitcoin at the market, I don't think bitcoin will raise higher price without supply and demand with many people prefer for holding their bitcoin assets. Its difference when bitcoin holder put their bitcoin for sell order on higher price together without has space for selling on lower price could be interested with buyer or investors will buy bitcoin at the higher price.
Its difficult thing with bitcoin for every hold without try to sell, the goal of investing how to earn much profitable when bitcoin raise up more than few percent from price purchase I believe all investor or holder will sell their bitcoin, can't expected until how many years later bitcoin keep existing on the higher price or will going dump one day later. Take benefit selling as possibility when bitcoin on higher price and they reinvesting again after bitcoin price drop.

R


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March 30, 2024, 11:40:13 PM
 #126

I have read several posts encouraging people to hold their bitcoin for the greater good of bitcoin and probably more reward in the future. I have also been able to buy some for myself and also holding. But there is this concern that usually pop up in my head anytime I am meditating and that is what will happen if everyone is holding their bitcoin and no one is willing to sell. This can possibly happen in the future when mining reward becomes too small. I know some people will say that miners will continue to mine and sell to sustain their business but when there is reduced selling, will mining still be a profitable business?

If this question appear dumb, please pardon me, I just need clarifications. 
if miners' rewards continue to fall, they will not abandon their mining equipment simply because the reward they receive is little;

That is why it is expected to raise the value of BTC. That even there's little or 2x less of Bitcoin to be accumulated as reward on mining, that little reward now is expected to be greater in value. And at least BTC's value would be doubled too. And if all BTC will just be held, then there won't be any transaction. Thus, the value won't rise or fall even and it will stagnate it's current price and it won't be any better. So just be patient. Trust the fundamentals of the projects you invested in and the profits will be taking care of its own.

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March 30, 2024, 11:53:55 PM
 #127

I have read several posts encouraging people to hold their bitcoin for the greater good of bitcoin and probably more reward in the future. I have also been able to buy some for myself and also holding. But there is this concern that usually pop up in my head anytime I am meditating and that is what will happen if everyone is holding their bitcoin and no one is willing to sell. This can possibly happen in the future when mining reward becomes too small. I know some people will say that miners will continue to mine and sell to sustain their business but when there is reduced selling, will mining still be a profitable business?

Without buying and selling of bitcoin, the price will not be changing. because what make the price of Bitcoin to be changing is the sellers, when the demand is high the price will get high because people who need it are more than people that are going sell. so, you will see that they will be the one to change the price of Bitcoin and this is why the price get high you know nobody will sell at lost and since people need it, they will make the price to go higher so that they can get much profit when they sell.

However, it will be very hard to see people who don't want to sell their Bitcoin, everybody will sell their investment because that is the main thing why they invest. but if we say we are using bitcoin as the main reason why it was created, I will say the price may stay the way it is, since people will not be selling or buying. we will just be using it as a means of making payment whenever we purchase something from stores, and you know that is why the currency was design from the first place. So, the thing is that everybody will sell their investment nobody will hodl and don't want to sell.
Hodling forever will beat your main reason why you invest in bitcoin and take its risk in the first place. You don't want to buy and just hold it forever, you have to find the perfect time to sell in order to gain exceptional profits. However, I believe majority here have their own time to buy and sell, otherwise you are beating the purpose of investing, simply by hodling with no plans of taking profits.

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March 31, 2024, 07:16:01 PM
 #128

Bitcoin system as well as any financial market is made up  interaction between  buyers and sellers. When some else is selling another person is interesting in buying same time and price which is supply and Demand.

We know investing in Bitcoin is promising and one of the proven approach preached and practice is buying and holding, to obtain profit overtime when our target is achieved but the simple truth is everyone will sell at the end of the day. In as much there is life need arises, people finance there daily activities in turn use any financial means (be it savings, investments, any) to balance up.

In a nutshell everyone can't hold on to there bitcoin, its far from reality.


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April 01, 2024, 03:41:29 PM
 #129

Everyone not want to sell? That is not possible. You will see people that want to sell. If the liquidity is reduced because of holding, the price will increase in a way you will see people that will continue to buy and sell. Know that some people are just traders and not holding all their coins or not holding anything coin at all but to just trade.
people have learned a lot in cryptocurrency especially in Bitcoin so many people does not venture into trading any longer since they know that trading is consuming more of their time and also taking capitals from them, persons I know today who is a trader always complain of threading that day always experience losses during their threading so it is better for someone to hold than to trade, that is why many people now is now holding a BTC not trading any longer.

Mining would still be a profitable business even when the mining reward is getting smaller (depends on the country where electricity bill is not expensive and miners doesn't just earn from mining rewards alone but also the transaction fee from every transactions in a block that is mined. If no one sell their bitcoin then the demand will increase and those who hold will have to sell for profit and I would also say that it is impossible for people not to sell their bitcoin holdings.
when you take round you will notice that people does not emphasize on mining of BTC because they know quite well that the equipment used for mining is expensive and the secondly for you to mine a Bitcoin it requires a sufficient electricity and not all the country or any country that have such constant power supply that they can use for mining or Bitcoin, so what I'm saying is that so many people find it very difficult to mine bitcoin because of the equipment or the supplement use for the mining and the time Factor to mine BTC that is why the venture into trading and also holding a bitcoin for long time investment.


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April 01, 2024, 11:24:25 PM
 #130

I have read several posts encouraging people to hold their bitcoin for the greater good of bitcoin and probably more reward in the future. I have also been able to buy some for myself and also holding. But there is this concern that usually pop up in my head anytime I am meditating and that is what will happen if everyone is holding their bitcoin and no one is willing to sell. This can possibly happen in the future when mining reward becomes too small. I know some people will say that miners will continue to mine and sell to sustain their business but when there is reduced selling, will mining still be a profitable business?

Without buying and selling of bitcoin, the price will not be changing. because what make the price of Bitcoin to be changing is the sellers, when the demand is high the price will get high because people who need it are more than people that are going sell. so, you will see that they will be the one to change the price of Bitcoin and this is why the price get high you know nobody will sell at lost and since people need it, they will make the price to go higher so that they can get much profit when they sell.

However, it will be very hard to see people who don't want to sell their Bitcoin, everybody will sell their investment because that is the main thing why they invest. but if we say we are using bitcoin as the main reason why it was created, I will say the price may stay the way it is, since people will not be selling or buying. we will just be using it as a means of making payment whenever we purchase something from stores, and you know that is why the currency was design from the first place. So, the thing is that everybody will sell their investment nobody will hodl and don't want to sell.
Obviously, the price of bitcoin greatly depends on its law of supply and demand. When the demand is high, the price will eventually increase, thus leaving the supply low and limited. But if it's done the opposite way, the price will definitely decrease while leaving the supply high.

However, it's certain that people in the bitcoin community will buy and sell when the time is right. Hodling is good and brings also profits, but people won't be satisfied just by hodling alone, they need to sell their coins in order to gain and enjoy their real profits.

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April 02, 2024, 02:03:14 AM
 #131

This requires a mindset change. You talk about needing to sell your Bitcoin. You are still thinking of the mindset of a trader, or an investor. You should never sell Bitcoin. It is the only asset that doesn't devalue over time. It took me years to finally wake up to this truth.
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April 06, 2024, 12:29:57 PM
 #132

Since you know that miners will not stop mining BTC because they have some bills to settle for their family to live a good life other people are living and, it will be impossible for everyone to be hodling BTC in the market and, if there is, there will not be a balance in the market.

We all know that buyers and sellers are the ones that make a place to be called market and, there will be some sellers who will be releasing their BTC to market for buyers to buy and hodl either long term hodling or Short term hodling and there will be a balance in the market.

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April 06, 2024, 01:11:42 PM
 #133

This requires a mindset change. You talk about needing to sell your Bitcoin. You are still thinking of the mindset of a trader, or an investor. You should never sell Bitcoin. It is the only asset that doesn't devalue over time. It took me years to finally wake up to this truth.
Apart from taking years to realize this, it also takes quite a long time to collect it to become a lot (except for people who have a lot of capital). I also agree with your view that Bitcoin does not need to be sold, but if you talk about someone's mindset, it will actually be very different because everyone does not live life with the same conditions. So there is a time for someone to choose to sell Bitcoin, whether to take advantage because the price is already high or because there are other needs that he cannot avoid.

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April 06, 2024, 01:30:14 PM
 #134

This requires a mindset change. You talk about needing to sell your Bitcoin. You are still thinking of the mindset of a trader, or an investor. You should never sell Bitcoin. It is the only asset that doesn't devalue over time. It took me years to finally wake up to this truth.
Apart from taking years to realize this, it also takes quite a long time to collect it to become a lot (except for people who have a lot of capital). I also agree with your view that Bitcoin does not need to be sold, but if you talk about someone's mindset, it will actually be very different because everyone does not live life with the same conditions. So there is a time for someone to choose to sell Bitcoin, whether to take advantage because the price is already high or because there are other needs that he cannot avoid.


After all, bitcoin is money and the purpose of investing in bitcoin is for us to make profits, if we don't sell it, how can we make a profit from it? Also, is holding on to bitcoins until death or never selling them beneficial to us and our families? We can hold for long term and will only sell when we reach our goal, never say never selling bitcoin is a good thing.

By the way, don't exaggerate when you say that bitcoin is the only asset that does not lose value over time. So what about gold and real estate, are they assets that lose value over time? And what will guarantee that bitcoin will increase forever and never stop? Do you have any proof of that?

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April 06, 2024, 02:38:12 PM
 #135

I have also been able to buy some for myself and also holding.

 
In the cryptocurrency ecosystem market today, there must be buyer and there must be seller. Op I think you have already answered your question from the bolded texts. As you bought, it was someone who was selling so the market is not stagnant but it is a market of circulation. One must sell and make profit and the other must buy to hodle and make profit and sell again. Bitcoin as becomes a market avenue whereby traders are always in demand and supply. If there are three or four are holding in one place one person must sell and another will buy. That is how the market is so don't think that one bitcoin will stuck because there will be no buyers. You buy today you will sell tomorrow when the price goes up.
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April 06, 2024, 03:24:37 PM
 #136

I have read several posts encouraging people to hold their bitcoin for the greater good of bitcoin and probably more reward in the future. I have also been able to buy some for myself and also holding. But there is this concern that usually pop up in my head anytime I am meditating and that is what will happen if everyone is holding their bitcoin and no one is willing to sell. This can possibly happen in the future when mining reward becomes too small. I know some people will say that miners will continue to mine and sell to sustain their business but when there is reduced selling, will mining still be a profitable business?

If this question appear dumb, please pardon me, I just need clarifications. 
This is not practical because the reality is that, not everybody will be doing the same thing at same time. What gives a balance in the market is that, there sellers and there are buyers, but what is real is that we would either have a time when there will be more buyers (holders) than sellers and that causes something we call a supply shock, that's only small percentage of people wants to sell, and this causes the price to increase extensively, just as what we are about to experience after halving.

R


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April 06, 2024, 03:57:07 PM
 #137

I have read several posts encouraging people to hold their bitcoin for the greater good of bitcoin and probably more reward in the future. I have also been able to buy some for myself and also holding. But there is this concern that usually pop up in my head anytime I am meditating and that is what will happen if everyone is holding their bitcoin and no one is willing to sell. This can possibly happen in the future when mining reward becomes too small. I know some people will say that miners will continue to mine and sell to sustain their business but when there is reduced selling, will mining still be a profitable business?

If this question appear dumb, please pardon me, I just need clarifications. 

Most of the community members here in this forum are believers and also have holdings of bitcoin. Until now, they have remained patiently waiting for the target price when they will sell it.
And others, while holding their bitcoins, are also doing dca on bitcoin and other cryptocurrencies that they think have potential in the market.

That's just the simple thing we do in the crypto industry field.



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April 06, 2024, 04:35:07 PM
 #138

As long as there is a buying pressure or demand then yes it would be fine. They won't be holding for no reason, right? New investors or buyers will just continue to enter in such way which will make the market price high and this will be continuous until the last Bitcoin has been mined already. If all people will just continue holding then until when? For sure they won't do it for a lifetime. There will be always people that will choose to sell especially if they are already in need of money for certain reasons. There will always be a point that investors would choose to take profit from holding and that's a normal thing given that it is investment we are talking about. If it is balance then it will still be as long as it circulates, which is something that is exppected.

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2Pizza410000BTC
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April 06, 2024, 04:41:23 PM
 #139

I have read several posts encouraging people to hold their bitcoin for the greater good of bitcoin and probably more reward in the future. I have also been able to buy some for myself and also holding. But there is this concern that usually pop up in my head anytime I am meditating and that is what will happen if everyone is holding their bitcoin and no one is willing to sell. This can possibly happen in the future when mining reward becomes too small. I know some people will say that miners will continue to mine and sell to sustain their business but when there is reduced selling, will mining still be a profitable business?

If this question appear dumb, please pardon me, I just need clarifications. 

It might seem impossible for everyone to hold onto Bitcoin without selling it, because without sellers, buyers wouldn't have the chance to purchase Bitcoin. Without competition between those wanting to sell and those wanting to buy, there wouldn't be fluctuations in the price of Bitcoin, which typically increases with higher demand. If there are no sellers, the price of Bitcoin would likely stay the same. While Bitcoin was created with a limited supply, its purpose wasn't solely for holding onto it; rather, it was designed as an alternative to traditional fiat currency.

However, many people now view it as an asset and invest in it accordingly. Despite this, some individuals are willing to spend their Bitcoin when opportunities arise, suggesting that while holding onto Bitcoin is popular, it's not the only way people interact with the cryptocurrency.


It won't be possible for bitcoin owners to not sell at all. Because there are more day-to-day traders in the system than investors that are holding their bitcoin for long. What am trying to say here is that I believe the percentage of total Bitcoin users who are holders is minimal compared to the total audience. Even we humans have our daily needs and wants like feeding, clothing, paying tuition fees, and bills (internet and electricity) which may warrant someone to sell to settle the striving needs.
Man earns to manage his life and family well. Like we earn not only to keep investing bitcoins but we also earn to live happily with our family and wife, children. In this case we will never hold the bitcoins but we will meet our needs by selling bitcoins according to our needs. So everyone wants to live a nice life, so everyone sells more or less bitcoins and no one will ever hold bitcoins for life and never will.

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April 06, 2024, 05:16:03 PM
 #140

In today's world, even if everyone holds their Bitcoin, big guys can still manipulate the market in centralized exchanges with very small amount in circulation. We know that volume are made with coins that don't really exist. Just like the banking system, if one day everyone tried to withdraw their coins from centralized exchanges, most of the exchanges would fail.

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