The price of th ebitcoin is really bad and i dont think that is because of our things that ie because lots of people are holding the bitcoins and that is raelly bad you need to spent
bitcoins when you want the price to rise.
Spending bitcoin wouldn't necessarily increase the price of bitcoin. The price of bitcoin mainly increases because people are buying more bitcoins, not spending them. Spending bitcoins will just transfer your coins into another person's bitcoin wallet. That other person will probably just hold that bitcoin too because that's what most people do. Ultimately, the market will just move downwards once that other person decides to sell his coins.
I agree that the buy demand is the one that increase bitcoin price. But if you study a system, promotion helps alot for the popularity of the coin and to be able to get more people to jump in the bitcoin economy. One way of promoting bitcoin is by simply spending it as showing the usefulness of bitcoin in day to day life.
If we find many merchants who starts accepting bitcoin as a mode of payment then it will attract many people who are not aware about bitcoins yet and that will make them curious to know about bitcoins and will start knowing what bitcoin is all about and I think that is the best way to promote bitcoins.