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)
I guess most of us are belongs to the second type. There's not that much establishments and people that accepts bitcoin as a payment, not just Lamborghini sellers but also other types of product as well. We all have to convert our bitcoin into fiat first before we can buy something. Sure there are some people that accepts bitcoin as payment but they're quite hard to find.
I think the second type is not the genuine nature of many users of bitcoin, although many people are certainly more inclined towards the second type, but I think are circumstances and situations of bitcoin is currently forcing the user to select the type of the second, yeah of course you know bitcoin is not so accepted, so many people prefer to sell their bitcoin and then spending it
Well in some places there's no many uses for a bitcoin other than online shopping, that would be my situation, so it's better for me to sell it for fiat and pay the phone, internet or some other bills with that money.