Why would you own bitcoins if you are never going to sell them? They have no other utility. It doesn't matter what the price of BTC is if you are never going to sell them.
Exactly. I never understand why people have a problem with people speculating and investing in bitcoin. The only point in investing is to sell some day and realise a profit. Lots of people invest in land and property which are finite resources but they still change hands, people die and people sell up. Do people think that all the bitcoins
will get hoarded away by people that will never sell them and that will be the end of bitcoin??