What happens if/when Bitcoin stabilizes in price
Submitted by brad on Fri, 2018-03-16 14:33I've been doing some analysis of the "HODL" movement (which attempts to use social pressure to convince people to hold on to Bitcoin and other holdings, rather than taking the normal profit-taking steps after such a large appreciation.) I believe that HODL goes against what a cryptocurrency is supposed to be about, since to be valuable it has to be useful, and to be useful, people need to be using it, not holding it. I will explore this in another article next week.