An interesting quote from the article about the HODLers:
......The catch-22 is people buy Bitcoins because they think the price will go to infinity and beyond once everybody uses them, but they don't spend their own Bitcoins because they think the price will go to infinity and beyond once everybody else uses them. And so nobody uses them.
But if nobody uses them, then the price will stay stuck at something a lot less than infinity let alone beyond. So the Bitcoin faithful have tried to not only convert people, but also convince them to martyr themselves, financially-speaking, for the crypto cause.....
Except not everyone is a 'hodler' and looking at the blockchain people are quite clearly spending them on things. Bitcoin needs both holdlers and spenders and that's what it's got. Besides, those hodlers will spend or cash out once bitcoin gets to their desired price.