Post
Topic
Board Bitcoin Discussion
Re: Why is everyone just HODLing?
by
KingScorpio
on 12/04/2018, 16:29:40 UTC
Hi Forum
I would like to know what real value you think HODLing adds. What is the point of just holding bitcoin till moon and lambo ? This is cryptocurrency, why aren't we using this as currency? If we all just hold then this whole thing takes on a completely different business model, we lose all real value that it has as currency and it just becomes a full on speculative bubble.

Bitcoin and other currencies have no value if nobody uses them. So I would like to encourage everyone to spend and replace instead of just blindly holding. We won't see merchant adoption skyrocketing if nobody buys stuff with bitcoin. And yes I know it can go up in value, but why not just spend your BTC and EFT some fiat over to your local exchange and replace the BTC you spent ?
If any businesses accept BTC or other currencies it is our duty to support them extra for it and use cryptocurrency.

you immitate the bankers arogance that divides the society, in haves and have nots, you try to find an idiot that gives away something valuable for something you made out of nothing. i wonder how you will deal with a world of several thausand cryptocurrencies.

regards