Post
Topic
Board Speculation
Re: How many bitcoins do I need to retire in 20 years?
by
stromma44
on 22/07/2015, 19:59:30 UTC
if people aren't spending bitcoins - that's what i see/read around here; everybody is waiting for the price to sky rocket - this means we are creating our own bubble and we will 'die' in it! We only buy bitcoins, so the price at this moment is above, super above of what a bitcoin really value.

Not everyone is waiting for this, but even if they were the more coins that are taken out of circulation by hoarding is good because it helps the supply and demand. If more people get involved and even do the same it would have a positive effect on the price.

Exactly, there are people who believes that stability can make a difference. And even if the prices raise slowly won't make any difference to them as they are ready to wait rather then getting millionaire in a same day.

The only thing we need is the stability in the prices of bitcoins and that is only possible when more and more people starts adopting bitcoins then the prices will go high and remain stable at that point.