What's your own take if everyone would have held their Bitcoin and not sell

[Mr. Allcrypto]

So just for curiosity sake,

I really want to know what would have been the outcome if actually everyone stopped selling their Bitcoin and instead held on to it and the reason is because it's so tiring whenever you hear people complain about how someone have maybe made mistake by actually using or selling their Bitcoin but and am always suprised at this because Bitcoin itself is a currency that it's initial purpose was to be centered on decentralization and financial fairness but as it grew it's value or ability to be used as store of value have made people think that anyone who sells his Bitcoin is actually doing wrongly.

[yohananaomi]

The question is whether no one needs it at a price that is already profitable and does not sell it and waits a long time for the price to be higher? In my opinion, no one will miss the profit that is already in front of their eyes by not selling but keeping quiet, because that action is detrimental to oneself, because the opportunity to achieve it may take a long time, and it could be that in the end there is a loss that is obtained.

[TomPluz]

Theoretically, maybe BTC would shoot to the moon and be a million dollar in price overnight. Now, the problem with this premise is that it is so 100% impossible unless we can command people (the BTC holders, traders) to do what we want them not to do which is selling and trading Bitcoin. Another problem is that since there will no more be sellers...so maybe there will also be no buyers even if they have the money to do so. Maybe this is possible in Mars where there can only be a few people around and aliens do not really care on Bitcoin. Anyway, thanks for activating my imagination as it is now getting so rusty.

[$crypto$]

The question is whether no one needs it at a price that is already profitable and does not sell it and waits a long time for the price to be higher? In my opinion, no one will miss the profit that is already in front of their eyes by not selling but keeping quiet, because that action is detrimental to oneself, because the opportunity to achieve it may take a long time, and it could be that in the end there is a loss that is obtained.

I think that's just an assumption with the word "if" in mind. Of course in reality that's a very difficult thing to happen and even impossible to happen. The only way someone can never sell bitcoin is if they die and they don't leave it to someone, or they lose their seed.

However if someone is very rich, they are just throwing money away by sending bitcoin to a "dead" wallet.

[Charles-Tim]

Theoretically, maybe BTC would shoot to the moon and be a million dollar in price overnight.

It is not possible that no one will want to sell their bitcoin. It is normal in the market for buyers and sellers to always be active. An asset with more marketcap will have more buyers and sellers. But if no one is is selling, that means no one wants to buy. This has happened too many shit coins and dead coins.

[jeraldskie11]

I don't think Bitcoin will reach at this price if no one selling it. The supply of Bitcoin is limited, so if no one sells we can't buy more if all the supply were bought [from seller(s)]. The price moves because of supply and demand. If the demand is higher than the supply, we expect for a higher price, while if the demand is lower than supply, the price is low. It's impossible to determine the price if no one sells, when there's a buyers there's always a sellers.

[Ujok]

now the price of bitcoin is starting to stabilize at a price range of $ 80k-90k, here many investors and traders use it so that both have different views and goals. some want to make a profit every day, some hold until the price is really right to sell according to them, but most people buy and hold bitcoin because they believe the price of bitcoin in the coming year will increase and bitcoin is also a coin that is the benchmark for all coins.

[Mr. Magkaisa]

The question is whether no one needs it at a price that is already profitable and does not sell it and waits a long time for the price to be higher? In my opinion, no one will miss the profit that is already in front of their eyes by not selling but keeping quiet, because that action is detrimental to oneself, because the opportunity to achieve it may take a long time, and it could be that in the end there is a loss that is obtained.

         -     I agree with what you said mate, nothing can really beat the long-term holding method because we will surely get a profit in the end and our wait no matter how long it is is surely worth it and we will benefit greatly from the earnings we will get in the future.

And there are still many who are still working hard until now in the crypto space that we are living in, especially in the era we are facing right now.

[0t3p0t]

Well, on this secnario if everyone would have held their Bitcoin and not sell it no matter what then it is their decision and we respect that. It can be good for them and the whole Bitcoin market as supply is getting scarcier and prices could potentially skyrocket. Though these holder might have their own reasons for doing that because this topic really is based on personal preferences. Since that is their choice, it could be that they just want to hold their Bitcoins longer because they don't actually need it for now since the holder is rich enough or they wanted the best astronomical price to take profit. I personally have no problem with that to be honest as long as we have full control of our/their own assets.

[Hatchy]

I don't think Bitcoin will reach at this price if no one selling it. The supply of Bitcoin is limited, so if no one sells we can't buy more if all the supply were bought [from seller(s)]. The price moves because of supply and demand. If the demand is higher than the supply, we expect for a higher price, while if the demand is lower than supply, the price is low. It's impossible to determine the price if no one sells, when there's a buyers there's always a sellers.

It will get to such price. But the chances People won't sell is very rare. Alot of people anticipated the price of BTC to hit more than what it did during the last bull, so they held and were all shocked when prices began to rally back down so fast. Such person night not have the courage to hold their coins anymore if price were to move a bit higher above the $100k mark. If everyone were to hodl their coins, there would be more scarcity driving price a bit higher but it's not possible as even the miners would want to sell of when they mine more of BTC.

[MUGNIA]

The question is whether no one needs it at a price that is already profitable and does not sell it and waits a long time for the price to be higher? In my opinion, no one will miss the profit that is already in front of their eyes by not selling but keeping quiet, because that action is detrimental to oneself, because the opportunity to achieve it may take a long time, and it could be that in the end there is a loss that is obtained.

I agree because everyone has a target profit that is expected in every investment, but if it has given a profit of 3-5 times I think it will definitely sell and take the existing profit, where as we know BTC will experience a correction or price decrease like now if we sell BTC at 100k $ yesterday then if we buy BTC now we will get a decent profit

[milewilda]

So just for curiosity sake,

I really want to know what would have been the outcome if actually everyone stopped selling their Bitcoin and instead held on to it and the reason is because it's so tiring whenever you hear people complain about how someone have maybe made mistake by actually using or selling their Bitcoin but and am always suprised at this because Bitcoin itself is a currency that it's initial purpose was to be centered on decentralization and financial fairness but as it grew it's value or ability to be used as store of value have made people think that anyone who sells his Bitcoin is actually doing wrongly.

If there's that situation about people wont really be selling out their coins then there's movement of pricebecause the thing that causes up for it to be moved is on because ith that buying and selling on which means that volatility comes up with this thing and we do know that there's no such thing about that stability since we arent that a stable coin but rather it willl be that having those movemments.  Cant be denied that when it comes in oportunities then we will be mainly thinking on trying out to prioritize on something that gives out that kind of chance to make money or profits via just that via holding it. We've been that hesitating in the past to buy since we arent that expecting for its value to go that far. Now that we are on such condition on reaching or breaking those previous all time highs then it do shows on what it is capable of.

[Sim_card]

When people don't buy and sell bitcoin it will reduce ghe value of bitcoin because traders and investors are the ones keeping the market ongoing which makes the price to gain value overtime because more people are adopting bitcoin increasing the number of people in the market.

[Rubel007]

As the price of Bitcoin increases, there will definitely be buyers and sellers. If it were so that no one would sell, then the price of Bitcoin would increase regularly. Moreover, if no one sells, there would be no trading price. In short, it is unusual to not have sellers. When the price of Bitcoin increases, someone will try their best to sell it. Moreover, if no one is willing to sell Bitcoin at a certain price, when the price continues to increase, someone will try to sell and buy there. Since Bitcoin is a volatile currency, if no one sells, the volatility will disappear. The idea that no one will sell is completely unrealistic. If I am a holder, I will definitely try to hold Bitcoin for a long time, and if I am a trader, I will buy and sell Bitcoin when I reach my profitable level.

[DaNNy001]

Theoretically, maybe BTC would shoot to the moon and be a million dollar in price overnight.

It is not possible that no one will want to sell their bitcoin. It is normal in the market for buyers and sellers to always be active. An asset with more marketcap will have more buyers and sellers. But if no one is is selling, that means no one wants to buy. This has happened too many shit coins and dead coins.

So in essence the buyer and selling are mandatory and also core features in making a coin excel on the market? There are so many projects that have lost value and with what you explained am thinking this is one of the reason but am skeptical if actually the project itself wasn't given much liquidity at the initial stage of launch ?

As for Bitcoin holders I think selling is also part of the game so Bitcoin will definitely still push higher even if people are selling and buying.