Post
Topic
Board Bitcoin Discussion
Re: WHAT HAPPENS WHEN NO ONE SELLS BUT HODL?
by
Sam San
on 29/07/2018, 19:11:29 UTC
I think in a way, yes, that may be correct.
Though if a huge part of users will hold, it will reduce the supply overall - bitcoin depends on the demand/supply concept so we can say that it will increase the value.
But of course, buying and demand is as important as well as it keeps the balance. I cannot imagine other people apart from those who hodl their coins not buying coins, they will as the interest for cryptocurrency with newer users will always be there.

Yes, I agree. I don't think everyone HODL because there are some other countries that normally uses bitcoin as a currency. We are just only limiting the supply in the market if bitcoin holders in this forum will do it, in order to regain back the price after a price fall.
the more people will hold the coin bitcoin the more expensive will be its value due to the rarity of the possibility of finding it. the harder it is to buy, the less bitcoin will be used in the calculations.