Quote from: TheGodFather on August 02, 2016, 02:22:13 PM

Quote from: 20kevin20 on July 14, 2016, 11:17:02 AM

Quote from: European Central Bank on July 14, 2016, 11:13:25 AM

what proportion of bitcoin is actually spent? i'm gonna guess that it's not very much. using it for shopping and all is cool but i think it's a little bit of a sideshow. most of the action is trading it and speculating.

the bigger question is if no one speculates on bitcoin what might happen?

Same thing: the Bitcoin collapse would take place. Just like Gold, Silver and all the others: magnates are taking care of them, so they will rise or fall whenever they want to.

Yes. Other currency will take over bitcoin. That will be bad because maybe if that will happen in the future, maybe bitcoin will be dumped at trading sites.

It won't be happen in the future because its already use by many countries and bitcoin is already adopted here in my country
We can use bitcoin to use in malls but it needs to convert to giftcard before we can use in malls in any shops inside the mall...