Quote from: stompix on September 19, 2017, 05:38:35 PM

Quote from: SummerBliss on September 19, 2017, 05:19:34 PM

Bitcoin has largely became an investment asset than a currency. Most of the Bitcoin holders believe in holding Bitcoin rather than spending because of its deflationary property comes with limited cap. Till when fiat is available which is inflationary, people are less likely to spend cryptocurrencies. In your case, yes if there is some really big deal using Bitcoin, then only people can think of spending. Otherwise who will like to spend something which will grow in value just by holding.

Yeah , just hold. Do that and you;re going to kill it.
Do you remember what drove the price high? Adoption and merchants.

Holding will get you nowhere.
Remember what the price of bitcoin was before the first pizza was bought? 0!!!!!!!
If everyone holds and nobody will use it it will go back to that price.

cool, you should definitely go spend all of your Bitcoin then.