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    Author Topic: Buy the DIP, and HODL!  (Read 221329 times)
    Roseline492
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    October 06, 2023, 05:41:51 PM
    Merited by Queentoshi (2), JayJuanGee (1)
     #3261

    … but not profitable for Bitcoin.

    It’s this statement that I feel drawn too, falconer are you saying holders essentially minimise the utility of Btc and this is what is not good for BTC?
    Every market is dependent to demand and supply which is the factors that fuels Bitcoin price movement but however the higher the demand the higher Bitcoin price will become so perhaps holding doesn't affect Bitcoin instead it makes the price to increase the more, let's take for instance if almost everybody decided to hold there Bitcoin you will see that there would be lack of supply as such making the demand to becomes higher were as also making the price to go higher because of the scarcity and higher demand.

     
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