Ponzi is by definition a crime. telling people to hold is no crime. that is far fetched...
well, when you think about it...until the last coin is mined, btc needs constant inflow of cash to remain stable.
or people holding.
More crazy talk... to try to attempt to justify non-sense.. and probably I should NOT bite.. but o.k.... a nibble.. ok.. .
I think that there is a built in expectation with bitcoin that as time passes, more and more people will be using bitcoin and more and more developments will create demands for bitcoin... .. in that sense demand for bitcoin is likely to far outpace the increased supply. Otherwise if bitcoin were to stay stagnant in its number of users.. then it would NOT increase in value or price... I would NOT call that something that bitcoin "needs." B/c bitcoin could give a fuck about whether it is $2 per BTC or $2 million per BTC.. so yes, if it is only being used among 1,000 "criminals" in the underground, then who knows, the price may be a bit lower than if it expands into widespread adoptions.
exactly what I said. new money means price will go up. no new investors or money - price going down.
holders not holding - > crash.
Maybe we do NOT really disagree, then?
I would NOT really characterize the situation as a "crash," though, and I tend to think that number of people coming in continues to be larger than the number exiting... sure those kind of numbers are going to fluctuate from week to week, but overall, bitcoin is probably continuing to expand its user base far beyond supply of bitcoin... possibly, we could get some dropping of price over the next several months into the lower three hundreds... but I would hardly dramatize that into a crash, even if it were to happen.. which I am having my doubts about that, too... seems that we are likely going to be going up soon... but maybe this stagnation and even some additional decline will last a few more months.. a couple of scenarios.. that will likely cause me to continue to HODL and BUY... and NOT inclined to SELL at these prices, unless I replace soon thereafter.