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RE: Is HODL-ing keeping the value of crypto-currencies low?
I think hodlers do add volatility which may hurt the pricing. I think cryptos could use more traders to help stabilize the price.
I think hodlers do add volatility which may hurt the pricing. I think cryptos could use more traders to help stabilize the price.
The more people who actively exchange cryptos as a currency on a daily basis and not just trading it for fiat the more the value cryptos will have
I think you need both traders and users. Traders can help stabilize the price for the users.
I think your right. The current problem is everyone is holding and not using as a currency. everyone should both hold and spend in my opinion
Yeah I guess transactions went down a lot for bitcoin which is not good. You need stability from both. I think most of the transactions were probably traders.
yeah most likely most of the transactions where traders. but if people started using it as a currency the value will jump back up. But with the new tax laws in the U.S. is encouraging people to hodl and not spend