Spot on and I don't think that will ever change, it's why I see bitcoin as becoming more in line with gold that is spendable. It won't be used as a daily currency but more for one off purchases etc. Unless the price was relatively stable this will always be the case.
yes mate,though i think this is not what satoshis plan,than this great coin will stay longer in wallets or storages than in market circulation,but we can't change the fact that this is what happening,and even OP if he will only be real and not hypocrite he will choose to hold bitcon than to sell it,and besides i see no wrong about this and i find this as reason why market goes high and low,
It wasn't, Satoshi's plan was for it to be used as a currency in the day to day sense but we are so far from that being a reality right now. The blockchain technology is great for facilitating digital currencies that can do that but the decentralized nature contributes in large parts to the price swings. I can make many arguments against central banks but one thing they are good for is controlling money supply to limit inflation.