Quote from: MilkyMilton on August 30, 2018, 09:34:15 AM

I've been a student of Economics for some time now. Not in an academic setting by the way. But I have undertaken studies of Economics individually. In this time, I have never seen a case where hoarding any product has worked for good. It always end up more like a lose-lose situation. And this is a strategy only amateurs engage. I totally agree with the poster. The only way to improve Bitcoin prices is to create awareness to induce the public's interest. In other words, only increased demand ever benefits a particular market.

Well of course, it is because of the regulating bodies that prevents hoarding the primary needs of people like food. Long way back, when government is not aware of this kind of scheme. The rich takes the advantage when there is a shortage in food, they buy food at low prices then hoard it, of course the effect would make the price of the at the market to be higher. Because of this scheme, poor becomes poorer and the rich becomes richer. Thanks to the government and the regulating agency, we would not experience this kind of inhumane thing.