Post
Topic
Board Bitcoin Discussion
Re: Storing of Bitcoins is against Bitcoin.
by
Zadicar
on 04/01/2017, 15:46:42 UTC
Bitcoin is about freedom and free market

Do anything you want to them, spend, invest, store, or something else

Things will correct themselves with the free market

 I agree with this. Though it sounds so selfish but still it is you who will decide it. They cant say it is against the rule of bitcoin (if there is one).  I can gamble or invest it or even store it for a long time then they should not care about it. Only those who holds a lot of it will have that very much effect but with little holders there is not much of a impact.

 bitcoin will turn into useless currency its essence If everybody would just store it, people will always continue investing in bitcoin and use it for speculation and or trading.
i think that storing and investing is the same if it's from the perspective of not using it

Yes but I think that drives its price higher. There is a pro and a con: the Con is that the amount of BTC you've invested/saved is not going into circulation anymore so the demand gets lower, but the Pro is that the amount of BTC doesn't go into circulation anymore, making the BTC supply lower, so Bitcoin is going to be harder to get.. therefore, the price will go up.
Agree with this statement since storing bitcoin has its own pros and cons which you have stated is a true thing.It might not being circulated on the bitcoin ecosystem but the supply will be affected if the users will rise up and supply decreases then expected the price will tend to rise too its just a simple supply and demand thing.