Post
Topic
Board Bitcoin Discussion
Re: Storing of Bitcoins is against Bitcoin.
by
richardsNY
on 25/10/2016, 17:17:04 UTC
But storing bitcoin is really a bad idea, why? Because we dont know when the time would it fall down, maybe sooner or later.

If you don't understand the importance of people holding their coins, then you don't know how markets work. It's important because people holding their coins make sure it keeps a certain amount of coins off the market. And this is needed to create some sort of scarcity. If people pump all their coins into the market, then look at what will happen with the price. I can tell you that literally nothing will be left from the current price.