Post
Topic
Board Beginners & Help
Re: They should rename Bitcoins to Hoardcoins because no one is spending.
by
Oldminer
on 23/06/2011, 00:55:12 UTC
i have talked to some businesses accepting bitcoins and none of them has had a customer using BTC.

everyone is hoarding for speculation and no one is using it as real money.

I think the issue is theres a lot of people sitting back at the moment waiting to see where the dust settles with regards to the current 'real' value of BTC.

Add to that the fact a lot of people cant even access their coins atm, and you have very few people left who are actually spending coins.