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I don't get the problem with hoarding. Most people don't hoard gold, property or tech stocks during times when the price looks like it's increasing constantly.
by kokey 15y ago
I don't get the problem with hoarding. Most people don't hoard gold, property or tech stocks during times when the price looks like it's increasing constantly. There is a point where it makes sense to sell some after it has made some gains. In reality, unless buyers make a massive mistake in the valuation of BitCoins, the current gains in BitCoins value should taper off at some point.
- Duff 15y agoWhat's the basis for that statement? How many pre-1965 US Quarters and Dimes do you run into during daily commerce? Answer: Very few, since they are hoarded by collectors for their silver value.
- corin_ 15y agoPeople don't hoard stocks or property when the value of what they own is constantly increasing?