Quote from: LtMotioN on April 06, 2018, 11:09:15 PM

Hi Forum
I would like to know what real value you think HODLing adds. What is the point of just holding bitcoin till moon and lambo ? This is cryptocurrency, why aren't we using this as currency? If we all just hold then this whole thing takes on a completely different business model, we lose all real value that it has as currency and it just becomes a full on speculative bubble.

Bitcoin and other currencies have no value if nobody uses them. So I would like to encourage everyone to spend and replace instead of just blindly holding. We won't see merchant adoption skyrocketing if nobody buys stuff with bitcoin. And yes I know it can go up in value, but why not just spend your BTC and EFT some fiat over to your local exchange and replace the BTC you spent ?
If any businesses accept BTC or other currencies it is our duty to support them extra for it and use cryptocurrency.

Actually people were not holding, they are slowly cashing out for the past few months. Just look how the total market cap of cryptocurrency have dropped, from $800B last year it is now down to just $250B more or less.

*I do understand your rant, but you cannot force people specially if they have bought BTC when it was at high. What do you want from them just accept their loss?

ChrisSand

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