How it will recover if everyone is holding?
You have to buy something and then value will increase.
that's exactly what we (majority) should do. the more we hodl, the less bitcoin for trade
if bitcoin supply (seller) is low and demand (buyer) is high then price will increase
merchant often uses fiat value (fixed) on tag price and convert to bitcoin amount (variable/floating?)
buying something with bitcoin now would feel too expensive,
because we would pay more in bitcoin term (fixed fiat/$ value) compared to 1-2 months ago
Yes I agree more we hodl more the chance for that there will be a scarcity in the crypto market, it works on the simple principle of demand and supply, we need to create such a big shortage that people really go bananas for it, like how drug is for drug addicts, let's make it bitcoins for investors and everyone. Update China is back to ruin our happiness brace yourself but remember hodl.