Quote from: Chuzzlewit on July 16, 2016, 02:40:58 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?

I think this is the closet to reality.
Very few people spends bitcoin outside of the BTC world TODAY.
I have yet to replace any FIAT transaction with BTC.

i don't know, you may be right about this but i have always tried and actually prefered to spend bitcoin instead of fiat anywhere i can.

for example as soon as steam added bitcoin payment to their system i started using it instead of using any other method and have already spent around $100 there Cheesy