Re: Has it gotten better for you?

Now as far as using bitcoin being used as a currency..... I am starting to worrying must people are viewing bitcoin simply as an investment or a way to quick rich instead of actually using it as a way to make transactions. Now there's nothing wrong that since there is nothing that says bitcoin has to be one or the other or that bitcoin cant both be an investment and a currency..... I just start to wonder how likely places are going to be to accept bitcoin if most people aren't even spending their bitcoins and if most places never accept bitcoin how long until it stops expanding and people get "bored" of it and move on.

If prices go down in a bear market like now, people will start to spend them. They realize that on the short term, they have nothing to gain from holding. The corrections are good for business because the money starts flowing and nobody wants to hold their bitcoins if they lose value.

there are all kinds of holders.. long-term and panic ones. if you put in $800 per coin, and it drops to $600, you might want to continue holding for fear of losing $200 per coin.

Yes it works both ways. I think the overall point is that it's hard for something to be used a currency to pay for things when the value changes so much. Say what you want about fiat currency but people still know that if they want to spend $10 today its still $10 tomorrow, its still $10 next week, most likely its still $10 next year , after that spending power of it starts to change but still not like bitcoin where $10 right now could be $8-12 even just hours later.