Quote from: richardsNY on November 17, 2017, 07:56:23 PM

Quote from: Whitegriever on November 17, 2017, 07:08:50 PM

No because in my country it is already used for a lot of things and i think in the future it will become more popular and a lot of companies will support bitcoin payments and even do something with blockchain technology.

There are quite some stores accepting Bitcoin already, but people aren't spending any of their coins, and likely never will. People who spend their coins once, and see how the price has gone up a while later, will not bother to spend their coins again, and I can't blame them for that. At the time the price was still hovering below the $1000 level, buying back the coins you spent wasn't much of a big deal, but when you see that not even a year later you have to pay 700% more to buy back the same number of coins, you'll more than ever understand that holding is the only option.

But when your source of money is basically Bitcoin, you pay for the item a current value. Sometimes people need to cash out to buy, stuff, pay bills. If they don't have any other source of income coming in.