Quote from: Multipulty on November 13, 2016, 09:56:34 PM

Quote from: Doamader on November 13, 2016, 09:51:22 PM

Quote from: izlevinv on November 13, 2016, 08:02:10 PM

Quote from: hawkins on November 13, 2016, 06:00:59 PM

I guess if no one spends bitcoin they collect, it will be in vain efforts we seek and collect bitcoin. Grin

Well, I believe that if it happens bitcoin will be something that is not useful, and will probably appear altcoin which can exceed and replace bitcoin, and when the moment comes, may bitcoin will never be used again, but I'm sure it will never come Cheesy

If you are holding bitcoins then its really hard to believe that you will never spend them as bitcoin is also an form of money that should be spent like fiat money and if no one will spend their bitcoins then we will never see the higher price of bitcoins in future and it will make bitcoin a weaker currency.

Bitcoin into circulating are enought to cover all bitcoiners needs, people does store their savings into gold and they never had affected the value of gold, the same happens with bitcoin, some save while others does invest and risk their coins.

To grow your coins in quick time you need to take that risk of investing and if luck favors you then you can make some really good profits in short term and it will also help in multiplying your bitcoins and its important to circulate the coins either by investing or by spending them for the better economy.

Just like fiat, bitcoin need to be spent to have a good flow of economy. It should be circulated in the community to give life to it. I think bitcoin has a value because we are using it. And if we wont use and spend it, what would gonna be it for. I mean, what's gonna be its value if no one spends it. I think it will be just a virtual something that has no value.