spend my bitcoins if the price reaches 1k.
Bitcoin is just money. Why would you do anything different with it than you do with any other form of money?
Because just another form of money probably wont grow 10-100 fold in lets say a decade etc ........
with bitcoin that crazy unpredicaible growth is always a possibility ........no guarantees but i believe it will or i wouldnt be here
I get that you hold btc for long term investment value and that's fine. I get that you expect the value of btc to skyrocket and so do I. The problem is we need to promote and help with building the Bitcoin economy or massive growth will never happen. Businesses won't keep accepting bitcoins if no one uses them. You're a Bitcoin investor, not a user of bitcoins. There's nothing saying you can't do both. If you make purchases for anything make sure to use btc to do it. Your investment quantity of coins won't diminish if you spend the fiat you were going to use for your purchase to replace the btc you used.
If people are still buying coins that's good enough as money is still going into the bitcoin economy and coins that are held are taken out of circulation temporarily. I think buying coins back after you spend them is also a good way to help out. I mainly hold the majority of my coins but I do make some small purchases like for filehosting and stuff like that.