Post
Topic
Board Bitcoin Discussion
Re: Storing of Bitcoins is against Bitcoin.
by
Zadicar
on 11/12/2016, 15:55:13 UTC
Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.

You could always do both. Put some round amount in cold wallet and actively use the rest. Biggest problem is not many people have any sort Bitcoin earnings, that's currently the biggest obstacle in BTC adoption and it's use as currency.
This is the best idea and close to what i do. i wait for btc to be at a level that i am happy with and then when it has arrived there i spend.

I have btc i store and btc i spend so i am doing my bit for btc and the coin i store is not against btc. I do get what your saying and we do need more spending but that is just people preference what they do. One day hopefully there will be a lot of adoption so there will be big spenders in the mix too.

spending bitcoin is the best way to cycle it . The problem of storing bitcoin is that you are not contributing in the bitcoin community. Bitcoin was made to use not to store. Well we know that we could really get profit on holding . Just think if all of yhe users of bitcoin will hold their bitcoin would the price goes higher ? No because it has no cycle
You are correct but you cant force any bitcoin users to spend their bitcoins since we have different motives on bitcoin its either for long term or short term profits. People would surely decide from their own and we could not able to stop that even if wed like to tell them that we should spend our bitcoin to contribute on bitcoins ecosystem but most of them will surely hold no matter what.