Post
Topic
Board Beginners & Help
Re: Here's and Idea
by
BitcoinPorn
on 23/06/2011, 18:39:07 UTC
Explain why you think if everyone held it would devalue the bitcoin?

My reasoning in suggesting more people should hold is basic economics theory.

Price and Demand, the lower available coins or sells should cause an increase in price because their will be a higher demand as value increases.

In addition should attract more goods and service companies because bitcoin will show more stability.

I would like to take back my post in exchange for not saying they should sell their coin, but after further thought, only use it.  But use the fuck out if it on goods and services, not exchanges at all.   I'm going to go back to this post later, taking myself out of this for now rather than discuss on something I didn't finish reading Smiley