Hi hope4me,

thanks for the reply.

there is a big difference between waiting to buy this years electronic or else next years better one at a better price. Most people want and need to use the electronic so they will buy now and get a years use out of it and maybe sell the old one and upgrade.You seem to be missing the point I am making which is that the majority of people now are getting in to bitcoin to hold and try and make money, look at all of the investment companies buying just to be safe incase the miss a big increase in value, do you think that they are buying it to make purchases at online retail shops. If amazon announce they are accepting bitcoin, do you think bitcoin funds will rush to buy stuff online. No, they will sell their coin at a profit. People now know and see the potential it has to increase in value so they will just hold it and buy nothing with it. what about people that made purchases early on in Bitcoin, they must be kicking themselves with their little electronic purchase now worth millions.
I just want to know what will happen when no one spends bitcoin, I think all of the spending is a long time away as it will take a long time to become stable