Quote from: carlfebz2 on June 04, 2019, 09:45:11 PM

Quote from: CryptoBry on June 02, 2019, 10:01:09 AM

Personally, I would rather hold my bitcoin that spend it because I am looking forward that soon it can go beyond the $20,000 (or almost) reached in 2017. I am sure that am not alone with this mindset right now.

Is there really something wrong with this scenario for bitcoin?

Nothing new! Most people do see it as an asset rather than as a currency which they would tend up to hold rather than on spending on it.Yes,its the main truth about less merchant transactions
which is really obvious on whats the main reason of this stuff. Ex. volatility & rising value.
On peoples mind it would really be just normal for you to act on what you are seeing on what you are holding since you know it can potentially give out profits then why would
sell out early?

Very true, indeed most of us want to save btc as much as possible and save it rather than spend it. We have seen it reached the $20k-level. Hence, the mindset that btc has high potential of growing its value immensely.