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Author Topic: If everyone is holding their bitcoin, will there be a balance?  (Read 915 times)
BITCOIN4X
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March 01, 2024, 09:40:59 PM
 #61

It is impossible to expect all bitcoin users not to sell their bitcoins when the price is favorable. The average bitcoin user is an investor and trader, while others are those who use bitcoin as a means of payment. If holders and traders do not sell bitcoin, then perhaps miners will do so to cover their operational costs.

Every trader and investor wants returns, so it's unreasonable to expect them to hold bitcoin all time. But at certain times, the percentage of holders may be higher than those trading bitcoin.

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March 01, 2024, 09:49:10 PM
 #62

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.
I hate to break it to you mate, but we humans are in a habit of exhibiting some form of greed whenever it comes to valuable things and want everything to ourselves....and Bitcoin having early adopters means these will want to sell sooner or later at one point when everyone is preaching about holding they certainly won't be in on this..which means not possible for all to hold.

Btw, for a balance to happen buyers and sellers need to be at an equilibrium and not everyone being Hodlers...if everyone started to hodl the effect would push price up as this would create an artificial shortage on the market which would be bad for late investors.

If this question appear dumb, please pardon me, I just need clarifications. 
Not a dumb question btw, if you don't ask you will not get the answers you need Wink

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March 02, 2024, 10:51:28 AM
 #63

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. 
OP Your rise of questions is a little bit hazy, but I'm sure it wouldn't make any sense if I hadn't made a mistake. A question is one that has an answer, but your question is a theoretical thought that is not possible in reality. 
 
Or more specifically, it is impossible to suspend. Becuse human nature is such that he cannot have the same position on the same work in the world at the same time. You can apply the same example here to your question: what if all investors of Bitcoin hold and do not sell their Bitcoin? So simply su that put, first, it is impossible that no one does not sell his Bitcoiin from the investor to the miners. 
 
And second is that people who don't have Bitcoin can demand its price. Becuse human beings demand that rare thing (Bitcoin), those who do not have it demand it for themselves. So in the future, if it is possible, the owners can do all possible buying to adopt the rare thing (Bitcoin). So as a result, there will be someone who will agree to sell his Bitcoin at this demanded price like miners.

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March 02, 2024, 12:26:52 PM
 #64

they will sell it at the appointed time, it could be said that they have made enough profit, and what is certain is that if they have stable money their bitcoin will not be sold and will still be held until the value is high,
but one thing is impossible, if all bitcoin owners do not sell their bitcoins,

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March 02, 2024, 02:33:40 PM
 #65

I have read several posts encouraging people to hold their bitcoin for the greater good of bitcoin and probably more reward in the future.
The type of hodling being talked about in that context is a momentary one just to create demand and cause artificial scarcity. It's not the forever kind of hodling. The forever type is injurious to the growth of Bitcoin. What gives any goods its value is the interaction between buyers and sellers. It's the same thing with Bitcoin. If everyone hodls Bitcoin without selling at all, it will cause Bitcoin to become worthless just like it was in the beginning before the 10,000 BTC for two pizzas event was initiated. Hodlers don't help the activities of Bitcoin. It's the activities of buyers and sellers that evaluate for us through market forces and interactions.

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March 02, 2024, 02:42:53 PM
 #66

There are different kinds of investors in the market: long-term holders and traders. Those who trade often do this in hopes of making profit for only the short-term. This is probably done by people who treat cryptocurrencies as one of their main sources of income. Hence why they would always be selling.

Even if everyone, hypothetically, stopped selling their bitcoin at some point one is going to offer such a good price that someone holding btc will eventually fold and sell. From here, price will be established and might be even taken advantage of because of its high demand. In short, it is quite impossible for no one to sell bitcoin.

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March 02, 2024, 03:38:20 PM
 #67

I have read several posts encouraging people to hold their bitcoin for the greater good of bitcoin and probably more reward in the future.
The type of hodling being talked about in that context is a momentary one just to create demand and cause artificial scarcity. It's not the forever kind of hodling. The forever type is injurious to the growth of Bitcoin. What gives any goods its value is the interaction between buyers and sellers. It's the same thing with Bitcoin. If everyone hodls Bitcoin without selling at all, it will cause Bitcoin to become worthless just like it was in the beginning before the 10,000 BTC for two pizzas event was initiated. Hodlers don't help the activities of Bitcoin. It's the activities of buyers and sellers that evaluate for us through market forces and interactions.


Right, we often advise each other to keep bitcoins tight. That means we need to hold long enough until we get a profit and should not dump the price just because of short-term fluctuations. No one says we should hold them forever and not sell them under any circumstances.
Additionally, we invest in bitcoin to make profits and make our lives better . And if we just hold it and never sell it at any price, what is the benefit of holding bitcoin?

I don't care what harm holding bitcoins forever does to bitcoins, but I know one thing: if I hold bitcoins forever, I won't get any benefits . That would hurt me and it would be the stupidest thing I've ever heard.

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March 02, 2024, 04:39:40 PM
 #68

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.
You’re right, as some persons are totally not interested in holding for what so ever reason and rather prefer trading but the op was actually just assuming as his assumptions , are at some point unrealistic but let’s just assume everyone sticks to the advice of holding and no one actually wants to sell what will then happen?
Personally I think the price of bitcoin will increase significantly breaking the law of supply and demand.

With all the responses you’ve got @op, I think it’s time you wake up and face the reality that there are several group of persons in the crypto industry from the traders to the short and long term holders and as such not everyone will actually hold bitcoin for as long as you could imagine and just so you know that, there are some persons that actually intend holding but

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March 02, 2024, 04:52:31 PM
 #69

Quote
Re: If everyone is holding their bitcoin, will there be a balance?
Pardon me with my words for this one, but HODLING, or what they say "Hold on for Dear Life", or in short "Holding forever" is a very stupid strategy as an investor.

I don't know if some investors want to hold their Bitcoins forever, but as an investor, isn't our main goal to make profits out of the assets which we put our money with? TBH, I don't think that a scenario where every Bitcoin holder will choose to hold the asset is for me, impossible. There will always, and will always be somebody around the world that will sell their Bitcoins for various reasons, but the main is because they want to get their profits.

In the world of investing, there will always be buyers and sellers. Some might hold the asset for a long period but eventually, they will sell it at some point.

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March 02, 2024, 05:04:41 PM
 #70

I have read several posts encouraging people to hold their bitcoin for the greater good of bitcoin and probably more reward in the future.
The type of hodling being talked about in that context is a momentary one just to create demand and cause artificial scarcity. It's not the forever kind of hodling. The forever type is injurious to the growth of Bitcoin. What gives any goods its value is the interaction between buyers and sellers. It's the same thing with Bitcoin. If everyone hodls Bitcoin without selling at all, it will cause Bitcoin to become worthless just like it was in the beginning before the 10,000 BTC for two pizzas event was initiated. Hodlers don't help the activities of Bitcoin. It's the activities of buyers and sellers that evaluate for us through market forces and interactions.


Right, we often advise each other to keep bitcoins tight. That means we need to hold long enough until we get a profit and should not dump the price just because of short-term fluctuations. No one says we should hold them forever and not sell them under any circumstances.
Additionally, we invest in bitcoin to make profits and make our lives better . And if we just hold it and never sell it at any price, what is the benefit of holding bitcoin?

I don't care what harm holding bitcoins forever does to bitcoins, but I know one thing: if I hold bitcoins forever, I won't get any benefits . That would hurt me and it would be the stupidest thing I've ever heard.

If someone is interested in bitcoin, the first thing you will advise them is that they should retain it for the long term. So that he may be lucrative, no one will hold bitcoin indefinitely, once he reaches the objective you expect, he will undoubtedly sell it, since if you are greedy and do not sell your coin, the price will fall again because bitcoin is volatile. When my investment reaches my aim, I don't wait for a great profit. Any amount I obtain, I will sell it without waiting for a huge profit sometimes. Any time I get profit in my investment, I divide it into two and use one for my own use and the other to top it up in my capital, so that my profits will raise anytime the coin increase. I utilize my talents to make a profit in bitcoin. I believe that in order to be profitable in crypto, you must take risks Without risk, you cannot enjoy your investment and will be afraid of losing money, but if your mind is strong enough to take risks, you may invest any amount to reap rewards.

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March 02, 2024, 09:14:51 PM
 #71

Bitcoin has specific amount supply, which is, if everyone decided not to sell their Bitcoin is not possible, because Bitcoin can only be scarce in the future time when miner rewards been reduced and that we not stopped buyer, but only increase in price as demand will be increased in the cryptocurrency market than supply.
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March 02, 2024, 09:41:38 PM
 #72

It will never be possible for everyone to make such a decision, never on earth irrespective of what cryptocurrency or stock being invested in. It is possible (tho difficult) to have most people hodl but certain people will have to sell. Maybe because they don’t have any money and it’s their last chance, maybe because they just want to sell but someone always has to sell.

Mining could still be a profitable business depending on Bitcoin price. If Bitcoin becomes 2 times what it’s worth right now then I don’t think the halving will be felt by miners because even if it’s half the reward they used to get, the doubled value would make it just the same amount in $$$. So, it depends on the value of Bitcoin over time.



 

 

 

 

 

 


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March 11, 2024, 09:23:46 PM
 #73

We need to confirm transactions from which miners generate revenue. So bitcoin transactions won't be zero anyway. It's impossible to stop all the circulating supply at any time. Everyone can't hold Bitcoin; there are traders and businesses running on it. Also, there is an exchange that always makes transactions. So don't think that everyone will just hold their bags and sell. 
Like the post, there's need to hold Bitcoin but holding Bitcoin will not will not bring any balance because when they are holding and not selling, trading or buying Bitcoin thr value will decrease any the demand will also reduce.
People can hold there Bitcoin when they want to accumulate for a better future, the amount Bitcoin might be when you want to buy 8s always a nice amount for anyone who's interested in buying Bitcoin but when person want to wait for dip he/she might not be opportune to buy again when the price would he higher than the past (waiting fir dip while Bitcoin on going to the bull.

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March 12, 2024, 03:00:27 AM
 #74

In my own understanding every body must not hold  inrespespect of how we hear about Bitcoin investment in this forum everyday I still think there are traders who pretend to be HODLers why they are traders . The only ne thing that make a bitcoin journey lovely is the frequent transaction. some sold for one or two reasons .
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March 12, 2024, 03:13:18 AM
 #75

As much as you're being hopeful about everyone hodling, institutional investors aren't going to be passing up the opportunity to take a profit whenever they can and long-term hodling by a lot of investors, retail and institutional alike is going to make it much more expensive for bitcoin because even though no one's selling, there's a lot of people that are buying and eventually someone would want to cash in and most of the time, it's the institutional investors that are overeager to get a profit which is understandable since they need to be making money after all. I think that in the case that everyone is hodlin, there's still a balance but the balance is that the price will go up as the supply dwindles.



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March 12, 2024, 03:20:11 AM
 #76

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 Bitcoin was a commodity, there would be a chance of losing it if you hold it, but Bitcoin is a digital currency and no matter how long you hold it, it will not suffer any loss. And no matter how much we talk about holding the investment for a long time, not everyone will hold his investment together. Some may currently plan to hold the investment for a long time, while at the same time, many may see their long-term plans come to an end and sell at that time. There are some investors who will sell their investments against their will, that is, there will always be buying and selling in the market and not all bitcoin holders will hold their bitcoins at the same time but some will sell bitcoins and some will buy bitcoins.

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March 12, 2024, 04:22:29 AM
 #77

Bitcoin holder dominance not by one community only and separated by many kinds of holder difficult keep controlling every one to hold their bitcoin assets, I think not balance yet when many people holding their bitcoin assets and get lower of transaction volume with possibility bitcoin will drop.
Looking what happen with fud or bad news sharing by some whale automatically make many people panic for selling their bitcoin with lower price, impossible controlling the bitcoin holder keep hold their bitcoin assets and reach limitation price target for selling bitcoin.
All holders have not good financial condition and will sell bitcoin assets when need some thing emergency, its good ideas exploring by OP but I don't sure how to make it true with difficulty ask to all bitcoin holder keep hold their bitcoin assets before raising up to the higher price.

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March 12, 2024, 05:25:32 AM
 #78

The idea behind Bitcoin was never for people to just hoard their bitcoins, Satoshi wanted people to use it as an alternative currency and for those transactions to generate "Miners fees".

The "Miners fees" will become very important in the future, because the Block reward will be reduced to zero over time, with all the "Halvings" and increased "Miners fees" are supposed to replace it. 

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March 12, 2024, 06:40:50 AM
 #79

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.

Indeed Holding btc for the long term can gives us a good profit and it is always advised to hold for long term for potential gains but this is not for everyone as everyone has own financial goal which is different from each one. Selling Bitcoin when needed can be a very good decision to fulfil financial needs or take advantage of favorable market conditions. Selling btc align with each personal financial strategy and I am seeing not any wrong when someone sell btc in profit.

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?

This will be a serious issue when the profit miners getting from the mining less than energy they consuming but as far i think it will not happen because we are seeing that after every halving btc price moving towards high price which more than 2x of previous price which means that even miners get half rewards in Satoshi but the value will be remains same and hopefully bigger than before halving.

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March 12, 2024, 08:51:21 PM
 #80

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 ever that happens, possibly some of these miners will stop their business and choose to work with another line of business. But on the other side, this will never stop Bitcoin from growing but would affect the transaction confirmations if only a few miners existed. But this won't worry me anything, of course, we can't just stay in investing Bitcoin if it is no longer profitable.

This will tell us that we don't have to rely on a single source of income but instead, we have to do more in order to have financial freedom. And in the case the will fail or stop, we still have other sources to support us.

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