Quote from: tee-rex on September 05, 2018, 09:04:53 AM

Quote from: guybrushthreepwood on September 04, 2018, 02:05:54 PM

Quote from: IciCestMathers on September 04, 2018, 02:04:29 PM

Quote from: adadaorlina on September 03, 2018, 11:39:40 PM

Holders are making a future for everyone. I am one of those hodlers and hopefully, I can manage to hold until the market gives us a good price. Once thing is certain, if you hold the right coins for the right period of time I think the result will be some profit. You may not believe they can change the world but when it comes to making profits in high percentages, it will be noticed and felt by the world.

I doubt that, If everyone decide to keep holding and there is no demand in the market, nothing would drive the price higher, For every successful market everyone has their part to play from active traders to panic sellers and those whose sell for little profit, but, I doubt strong holders really have any huge impact in the market as they have no influence in the current price of the market.

But there is demand. If there wasn't then bitcoin would be worthless so it would be useless to spend and pointless to hold. In fact, holders contribute to the demand by temporarily taking coins out of circulation so holders have their place just like spenders do. I say let the hodlers hodl and the spenders spendl Grin

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Hodlers versus spendlers (like in spend for dear life), lol. Strictly speaking, holdlers do not contribute to demand itself, all they do is decrease the supply side. But the effect is essentially the same as the aggregate demand starts to exceed the aggregate supply and then prices start to grow on a supply running dry, which in turn increases volatility due to lower number of coins left in the market. On the other hand, spendlers change the supply side directly either by increasing it when they sell their coins in the open market, or by spending elsewhere, which also ultimately leads to an increase in supply.

Hodlers obviously don't increase the value merely just by holding, but they do if the demand is still there or growing, and that's what most of them are hoping for. Hold coins now to sell at a later date when they're more in demand and therefore more valuable.