Post
Topic
Board Speculation
Re: What is going on with the price?
by
techgeek
on 29/06/2016, 19:21:00 UTC
there are to many people who just holding their coins so we cant go up again.
why you think holding bitcoin will press the price, if all hold than supply will be limited and price will go up. You have to understand supply and demand principle.  Wink

If you are aware of this then you should know the price only fluxs when theres a ton of buy orders.

Regardless of the hold situation youre pointing out. Keep in mind its "buy orders" not based on people on holding bitcoin lol.

The "holding part" which you mention just only enforces people to buy more as a natural marketing that comes with it.