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Author Topic: If everyone is holding their bitcoin, will there be a balance?  (Read 928 times)
TheUltraElite
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April 24, 2024, 05:08:20 PM
 #141

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.
There are many ways to approach this, you would ideally want to keep spending more on the fiat side compared to the bitcoin side, that includes converting the crypto to fiat too. Because of the possibility of bitcoin becoming huge in price as days go on, you have to limit the amount you put in to bitcoin every month. So you have enough fiat to spend if need arises but would rarely if ever have to touch your bitcoin.

That is enough to lead a happy family while your bitcoins keep growing in their number. Nobody holds their bitcoin for ever, they always need to sell at some point, and they do.

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BD Technical
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April 25, 2024, 10:31:59 AM
 #142

Many are now buying Bitcoin and many are investing in Bitcoin Halving, in which case Bitcoin Halving will continue until 2027.  Those who are investing and holding Bitcoin until 2027 are actually murderers or I don't know how much they think or how much faith they have faith that the price of Bitcoin will increase.  If the price of Bitcoin goes up by more or more than that, they are more than their miners.  Money will accumulate ok I understand but it doesn't always work like mining because to work like mining you have to do proper vetting and then invest it.  Those who invested in 2023-22 and held them for 24 years at the current Bitcoin price have made a lot of money from the mining they deserve.  If this is the case then the future is looking good and expect something good from bitcoin but investing in bitcoin is not stupid I think investing in bitcoin is very good for yourself or for the future.
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April 25, 2024, 10:45:28 AM
 #143

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.

Yeah! it doesn't really work because if they all hold their bitcoins without spending or trading them for a longer period, they will lose their value because anything that has value has some sort of demand. If there is no supply, then there is no demand, if that is so, it will lose its value until no one is going to be interested in it. That's why we trying our best to promote bitcoins and rebut against those who are hostile against it because we don't want them to talk trash about it with their hoax and theories. Only if the circulation is low and the demand gets high the Bitcoin's price will grow not by keeping it without selling it at all.

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April 25, 2024, 10:53:35 PM
 #144

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.
Exactly, there are so many bitcoins and so many holders that is impossible to have a situation where every single person is refusing to sell, it's not a scenario that could actually happen. There are many people who are in just for the speculation so they are going to sell for sure, it's just a price matter.

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April 26, 2024, 10:17:27 PM
 #145

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.
Exactly, there are so many bitcoins and so many holders that is impossible to have a situation where every single person is refusing to sell, it's not a scenario that could actually happen. There are many people who are in just for the speculation so they are going to sell for sure, it's just a price matter.

That is why many large institutions and wants to accumulate most volume of the Bitcoin as much as possible. But they can't because 1. Most of the Bitcoin are still unknown weather it is  missing or just sleeping. 2. Many just holding it too and don't want to sell. What happens is that if the liquidity was held mostly by institutions, then they can manipulate price easier. And also if there is no transaction at all, how would price would rise going higher if no one is willing to buy and sell but only to hold.

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April 27, 2024, 09:34:55 AM
 #146

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.
I think the market is based on volume which can be gotten from trades with potential to increase the market volatility.
The circulating supply is also important for the price of Bitcoin to continue trending but one problem that we can see in the market is manipulation. Manipulation has been a problem for the market which is one of the reasons why even with high trading volume, the market can still rise or fall. We need to be very careful how we take trades because anything can happen in the market.









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April 27, 2024, 08:59:07 PM
 #147

I don't think if that Will be possible, although you might decide to hold on to your bitcoin, in the process of holding it you will see challenges coming from different angles, at this point you will be left with no option than to sell your bitcoin. However If everyone has chosen to hold bitcoin that means nobody will invest in bitcoin anymore, but I know too well that is not going to be possible for everyone to hold bitcoin.

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April 27, 2024, 09:20:03 PM
 #148

Just to add to what some other memebers have said earlier, Bitcoin balance can not run dry unless if the technology is having a serious problem that no body can be able to move out and sell their coins but if not like that happens, then different investors from around the world will always have the reason to sell their coins everyday. Remember that some people are using Bitcoin to do business (for payment) and some people are also using it to trade on centralized exchange. It is not possible for all Bitcoin investors in the world today to hold their Bitcoin for a long time.

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