Quote from: Mumbeeptind1963 on June 18, 2016, 04:30:02 PM

Quote from: MbitSport on June 18, 2016, 03:18:54 PM

Type 1, "I cant wait for the price of Bitcoin to rise so I can buy a new Lamborghini with my Bitcoin."

Type 2, "I cant wait for the price of Bitcoin to rise so I can sell my bitcoin and buy a new Lamborghini."

(Just want to clarify that the car isn't important in these two statements, but rather the Spend VS Sell)

For me the two is the same,
Spend vs Sell their are the same that they buy a car.
This two buy car if the lrice of bitcoin rise, they only difference is just direct buy and the other is not direct to buy a car.

I have to disagree, you are right in saying that both buy the car, but if everyone that currently possess some bitcoin decided to sell, what happens to the value? i don't think this benefits bitcoin but rather defeats the purpose of it (i could be wrong)

But in the same case, if instead bitcoin was spent directly, i believe this benefits everyone.

I Hodl in hope that i can one day spend my bitcoin no differently than i spend my fiat.

Quote from: Cuidler on June 18, 2016, 04:53:36 PM

Quote from: Mumbeeptind1963 on June 18, 2016, 04:30:02 PM

Quote from: MbitSport on June 18, 2016, 03:18:54 PM

(Just want to clarify that the car isn't important in these two statements, but rather the Spend VS Sell)

For me the two is the same,
Spend vs Sell their are the same that they buy a car.

Your right, spend and sell is basically the same now, as the Bitcoins spend on the car would be most likely instaneously converted to fiat with bitpay or similar service. Im really waiting for the whole commerce to transact in Bitcoin only and not convert to fiat anymore, but this could take very long.

I guess better would be if OP ask whether you holding Bitcoin in the hope to profit from price changes, to get rich from few Bitcoins, or because you see Bitcoin much better than fiat and you actually use it or just store wealth in holding it.

True in the case of merchants that use services such as those provided by companies like BitPay, Maybe i should have worded the OP better, as my OP is meant to refer to a time in the future where Bitcoin has mooned, hopefully this is a time where merchants are happy to accept bitcoin payments without having it automatically converted to Fiat.