I know the comparison is highly unpopular here, but I still believe that Bitcoin has a lot in common with a ponzi scheme. There is tremendous peer pressure to stay into the 'game', if only to fill the pockets of people that were here before. I almost on a daily basis see people advising new members, that mostly have no clue about Bitcoin or where the price is headed, to buy as much as they can and 'hold'. It really is sickening to see sometimes.
I can understand your feelings on this. But you must realize that if no one, I mean NO one held bitcoin at all, the price would drop to zero or near zero. That includes the traders on the exchanges. So holding HAS to be part of the equation, just like in PMs, stocks, commodities, etc. This idea that no one should ever hold bitcoin is ridiculous, as then bitcoin would then have no market value at all. More people holding and deciding what they WON'T sell it for fiat (or never back to fiat) is what gives bitcoin it's market price in the first place.