Quote from: cafucafucafu on October 21, 2014, 07:11:17 PM

Quote from: Unbelive on October 21, 2014, 01:37:37 PM

Quote from: cafucafucafu on October 21, 2014, 01:24:10 PM

How is volatility ever going to be reduced to make bitcoin a viable currency if people keep holding. Holding results in low market volume and thus greater volatility.

It seems like BTC will become Gold 2.0 rather than a currency.

It gets reduced with every new user. More users there will be less will one of them have impact on price.

Like this:

1. there is only one Bitcoin user and he decide to sell some of his coins. No one would want to buy them and price would fall for few 100 times.

2. There are 10 millions bitcoin users and one decide to sell some of his. 9,999.999 users might want to buy those bitcoins and price might reduce for 0.000001 times

This is completely wrong. If people are holding then there will be fewer sells and thus the volatility.

Where was mention that people holding. I did not mention it with any word. Can you please lead me to where you see word "Bitcoin Holders" please.