Post
Topic
Board Bitcoin Discussion
Re: WHAT HAPPENS WHEN NO ONE SELLS BUT HODL?
by
Preclus
on 16/07/2018, 14:31:45 UTC
I have been monitoring so many post about HODL! HODL!! HODL!!! I am a victim of that but I have sat down and analyzed something. We should all know what will happen when we all decide to HODL. This will be one of the deadliest that will ever happen in cryptocurrencies. When we all decide to HODL I think the markets will go down and the green markets we want will never com. Also BTC will die when we all decide to HODL. I think we can at the same time SELL and BUY to keep our greatest cryptocurrency alive. I stand to be corrected and also we can add some to it as to what will happen. 

It's the opposite of what you say. If everyone really did hold their BTC rather than sell and the demand stayed the same, then naturally the price would go up as supply would be lower. Simple economics.
Yep that is correct. And if you consider other things being constant including demand, then as per the laws of economics the price of the bitcoin will rise instead of bitcoin dying as the OP says. While in practical situations, nothing of this sort is gonna happen and while you consider HODL as an option there are others who at the same price will continue to raise the demand for the crypto coins and buy more of it. Also HODL is not the option for all the people in the community at the same time. This is only a hypothetical situation that you've imagined and cannot become any real.