Re:The Bitcoin Whales: 1,000 People Who Own 40 Percent of th...
by chrischen on Saturday December 09, 2017 @02:37AM
(#15884738)
Bitcoin relies on other people to buy in and hodl in order to fulfill its value storing properties. If people stopped buying more (at higher prices since it's a fixed supply) then the value would plummet, and that would be a terrible value store if your value plummets while being stored in it.
You yourself have hit on the justification for Bitcoin's use.