Many of us are hoarding more Bitcoins over time. That is also the reason why Bitcoin dropped sharply on exchanges
transactions in the past few years.
Will we sell out of Bitcoin one day? Like how the ring was thrown into volcanic lava.

people aren't going to keep hoarding bitcoins for long. they keep selling a little of their asset, and when the price drops they buy. so people will not hoard long term. they will still sell it trust me