Quote from: coinsocieties on November 10, 2016, 03:15:39 AM

Quote from: PieCrafted on October 26, 2016, 01:35:31 PM

I think storing is not against the bitcoin alrotugh its not pretty good for the economy a lot of people are doing this because if the fact that the bitcoin is gonna rise in its price.
This price increase is because of the halving and people are waiting on it because of that.

I agree with this and that bitcoin will raise. Look at bitcoin from the door, $12 per coin and now it is worth 50x that. There is so much potential when it comes to bitcoin, it would be stupid not to save some if you can afford to do so.

But the price appreciations up to today's level were seeming as a original value realization of bitcoin currency, not due to demand hype in my personal opinion. Maybe in upcoming future storing bitcoin will be giving practical effects into the value of bitcoins. When people are not aware of one system and creating its demand by storing will not give any effective results.