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

[Mpamaegbu]

If everyone hedl and none sold, Bitcoin won't be worth anything. The only way to know the value of something is to subject it to the forces of the market. That was exactly what happend in 2010 with the famous 10,000 BTC for two pizza exchange that kick-started transactions on the chain. That action placed value on Bitcoin. Without that or any other activity of financial exchange, it's obvious no one would be using or talking of Bitcoin by now. For me, trading activities have better benefit for this industry than what hodlers are doing.

[ZAINmalik75]

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.

It is wrong to say selling BTC is wrong because that's what it was made for. Decentralization and p2p are the main words used in BTC whitepaper by Satoshi and it was the main motive too so if we stopped selling it then it would be against the main motive but just for a minute if we stop selling BTC then there will be huge demand pressure and we will see price rising.

This can be good for holders but at some point a group of investors will break and they sell to book profit and if selling pressure exceeds then those who held will regret and they might not see any such case like this after to book profit.

[Mia Chloe]

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.

Of course bitcoin does work on a decentralized network. However many people prefer to hodl rather than spend their coins these days because of the appreciation rate of bitcoin over the years. However the fact still remains bitcoin can be used for either transactions or as a form of digital investment.

Spending some bitcoins doesn't necessary mean you are doing wrong beside that is where the whole concept of adoption is built on. To put it into simple terms bitcoin was created as a digital alternative to fiat.

[Zed0X]

Just imagine the liquidity problems of the companies that bought BTC if they won't be able to sell it They have constant expenses to pay that's why they also have to make sure money is coming in to keep the business rolling. They can only hold up to a certain point but they cannot hold forever.

[vegasus]

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 you. But maybe it will be different for people who really invest for the long term and are not limited to the 4-year cycle. because there are some people who have continued to hold on since the last few years, even since the last few bullish periods. and they believe that BTC will really reach a price of $ 1B.

And well, while we, I mean, if I personally, would much prefer to take profits every time there is an increase and also some that I set a price target. so it would be better to take profits at a certain rate.

[Celph]

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.

It’s quite funny i’ve had several thoughts on this alot of time .
   If everyone should agree to hodl their bitcoin instead of selling; i think there would be alot of possible outcomes.Some positive outcome like increase in the price of bitcoin since the market would be more stable and easy to predict.Of course there would be scarcity also since the suppliers would decrease basically making it scarce while potentially being valuable.
   With all this benefits; I really doubt if this could actually be possible. I mean; even with all these great benefits attached; it could only be an assumption that eevryone could Hodl without selling because human needs vary.There are thousands of transactions going on in the bitcoin market every minute.It cant be possible to achieve this actually.
   

If everyone hedl and none sold, Bitcoin won't be worth anything. The only way to know the value of something is to subject it to the forces of the market. That was exactly what happend in 2010 with the famous 10,000 BTC for two pizza exchange that kick-started transactions on the chain. That action placed value on Bitcoin. Without that or any other activity of financial exchange, it's obvious no one would be using or talking of Bitcoin by now. For me, trading activities have better benefit for this industry than what hodlers are doing.

    Well trading activities have more benefits of course, but what would you say about people who have no much or less awareness of how trading works or people who want lesser risks even with lesser outcomes.These are the people we mostly see participating in hodling.I think every branch has it’s own use, hodling shouldn’t be crucified or whatsoever.

[Alone055]

It's logically not possible because there will always be new buyers and sellers in the market, and it's not only the ones already holding. Besides, there are miners who usually sell the coins they mine because they have to pay for the maintenance and everything of their business, and as I said, there will always be people willing to buy because adoption is increasing over time, even if the pace is slow.

Other than that, the market is full of scalpers and short-term traders who would buy and sell Bitcoin and other cryptocurrencies so that they can get small amounts of profits either every day or week because that's how they earn a living. So, technically, there will always be buyers and sellers in the market.

[Rruchi man]

~

If everyone is holding on to the bitcoins that they have and not selling, the circulation and availability of bitcoins is affected, and you also have to be cautious.

It is a situation that cannot happen, though.

[omori]

~

If everyone is holding on to the bitcoins that they have and not selling, the circulation and availability of bitcoins is affected, and you also have to be cautious.

It is a situation that cannot happen, though.

Agreed.

Because some need to pay up for mining BTC at the first place, and some - are short-term traders on the BTC chart.

So it's... Highly debatable to ever happen, really.

[bitterguy28]

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?

it seems to be too wishful thinking to think that no one will ever spend their bitcoins we know that a lot of us are buying bitcoin for the sake of profit so if we get profit a lot of us are expected to sell and even on prices where it is not yet that profitable some people might be needing the money already so you expect them to sell

some people are also using bitcoin for transactions no matter how much rare other people think this is it is true

[omori]

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?

it seems to be too wishful thinking to think that no one will ever spend their bitcoins we know that a lot of us are buying bitcoin for the sake of profit so if we get profit a lot of us are expected to sell and even on prices where it is not yet that profitable some people might be needing the money already so you expect them to sell

some people are also using bitcoin for transactions no matter how much rare other people think this is it is true

What is the point of an investment if it wouldn't be cashed out at least partially? That's what bugs me about an idea in the OP.

[robelneo]

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

This is very interesting to find out if it's possible, but I doubt that such a scenario is possible; people have different mindsets and preferences, and with millions of holders, I don't think there will be even for a minute that people will stop selling their Bitcoin. This will only be possible if there is a disruption in the chain that prevents them from selling their Bitcoin, but if it's their own decision, I doubt if it's possible.

[target]

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

This is very interesting to find out if it's possible, but I doubt that such a scenario is possible; people have different mindsets and preferences, and with millions of holders, I don't think there will be even for a minute that people will stop selling their Bitcoin. This will only be possible if there is a disruption in the chain that prevents them from selling their Bitcoin, but if it's their own decision, I doubt if it's possible.

Its going to be possible one day when all those big personalities including the twins and the owner of exchanges will one day sell. Or if probably the government will find faults to those guys.  Lets say they want the seize the BTC of Saylor, they can just make up stories about his and jail him.  Of course this is just a theory. But look at what they did to Roger Ver. He is annoying but he still has the right to fork. Anyone can fork BTC.

Its possible to happen that no one sells but only because governments and institutions got them all already. And only the dust left to the people.

[Ujok]

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.

your opinion is very good my friend, I agree with you.. everyone must have their own strategy and they also hold bitcoin because it is possible that in the future it will soar, and vice versa my friend.. now bitcoin is very familiar in the eyes of the whole world so that many people use bitcoin as a transaction and many also use it as future savings because they know the potential of bitcoin..

[rby]

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.

The initial idea of Satoshi was to create a currency that will serve as an alternative to fiat.  His motivation was the 2008 global financial crisis.  So he was determined to create what will combat inflation.  Meanwhile,  Satoshi doesn't have the ability to control or detect how and what bitcoin will develop into because of the decentralized nature of the coin. So, in the spirit of liberty, you can use it as a currency or an asset.

Concerning your question . There's no way no one will be willing to sell. There must be demand and supply.  If everyone decides temporarily not to sell,  it will spike the price and someone will suddenly become willing to sell.