Quote from: virtualdn on January 22, 2016, 07:48:46 PM

While it's nice to hold your coins I think it is also very important to start spending it. This way it gets circulated and this is a good thing for Bitcoin. Just keeping it is not good for everyone.

Yea, I don't get the theoretical fantasies that most people have when it comes to holding their coins. If the price gets back to $1,000 and everyone is dumping their coins to "profit" then demand needs to match the abundance of coins infiltrating the USD/XBT exchanges. If you hold BTC as a commodity and dump at $1,000 the only way demand matches supply is if an abundance of new people come in and start buying. This demand, of course, will be fueled by speculation and greed and not "adoption" of BTC thus defeating the purpose. BTC will never hit the $1,000 mark again simply because its being treated like a commodity that cannot be leveraged against any other asset like the gold/USD ratio that exists today. If your holding for future profits....you'd be better off gambling in a volatile sector of the markets like energy and or transportation.