That's not really how it works. Hoarding is the worst thing people can do for Bitcoin. If entry into the market is hard, people will lose interest and with it the Bitcoin's value will drop, causing a sell-off (a sell-off would be inevitable at that point, but to what degree is debatable).
"hording" is not relevant. A liquidity trap is impossible with bitcoin, as it's infinately divisible with near-zero effort. The market exchange price is a direct reflection on how difficult it is to aquire bitcoins.