Quote from: Denker on February 01, 2016, 06:44:57 PM

Quote from: JAyThaRevo on February 01, 2016, 05:46:44 PM

Quote from: twister on February 01, 2016, 03:41:33 PM

I think most people are seeing bitcoin only as an investment option which is why many replies in this thread says that they don't spend their bitcoins and are saving it for a price increase, which is fine but they don't realize, if they use it wherever they possibly can then that will increase the price much faster.

So buy, save, spend and buy again.

Exactly, there should be a movement in bitcoins, it is useless to hold bitcoins without using it and only hoping that price will reach moon and that would be the right time to sell, if there is a rotation in bitcoins then price would be much higher and stable.

You need both.Coins in circulation and coins being hoarded.I see no reason why you only should spend your coins.
If demand increases and less coins are in circulation the price will rise.
What do you think will happen during halving when reward will get cut in half and demand stays the same?!
This is almost the same effect.

Circulation increases the amount of demand. Of course you need both coins in circulation and hoarded coins, but the more trading there is, the more demand it places on the market. It's good to use your bitcoins a lot, but obviously you should store some in case the price increases.