here is no denying that buying and holding bitcoin is wiser decision than spending it. Bitcoin value will continue to pump because of the demand and limited supply.
It's an inevitable collide of circumstances. I just hope that merchants accepting Bitcoin as payment option understand this, and not directly discard Bitcoin due to the lack of actual usage in their store/service. Most of them use a third party payment service to take care of everything related to Bitcoin, so they only end up being charged when people actually pay with Bitcoin, which is a good thing. It won't/shouldn't give them any incentive to stop accepting Bitcoin.
Back in the days if you was spending your coins, it wasn't all that much of a problem to buy back your coins at $300-$500 levels. Right now people will think twice before spending their coins. This forum's market place has stagnated considerably compared to how things were at sub $1000 levels. If you sell something, or offer a certain service, you either need to significantly lower your rates, or people will just ignore you. People are firmly holding their coins, which is perfectly understandable considering how this market has gone up like 600% in value.