Post
Topic
Board Economics
Re: Why You Should Never Sell Your Bitcoins Ever
by
Amph
on 16/01/2016, 19:34:22 UTC
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

If we just hold bitcoin in our wallet and do not use it, the bitcoin will be useless, so the price will go down eventually.

Supply and demand: the market requires change and transactions to grow.

By not using the bitcoins, you restrict the amount of trading that goes about. If everyone were to stop, then the price would drop down straight to 0.
No demand.

Maybe we first hold most bitcoin and trade with small amount of coins. When the market can absorb more coins, we will hold less and release more coins to the circulation.

no, you need to use bitcoin directly, so the market do not need to absorb anything, and you can benefict it indirectly, for your other remained coins

The more useful the bitcoin, the more value it has. We need to use the bitcoin directly, we should not sell it on exchanges.
I think  that sell is a type of using bitcoins, whats the difference of exchange  with other ways of using?

how so, if you don't sell but use bitcoin to buy stuff you want, you don't dump which result in less pressure on the market

you are helping your other coins to grow in this way, since demand will be stronger

Not really. Demand is not going to be stronger because you buy things with bitcoin, demand goes up when a big business implements bitcoin as a payment option, for example, then the demand goes up because people can buy things with bitcoins that they couldn't before.

less pressure means indirectly better demand you know, the same "demand" is more willing to increase the value of the coins if there was less pressure on the market, because it means that those that are selling are few people and they are willing to sell at higher value