Quote from: Sonia_123 on Today at 01:24:17 AM

Quote from: jeromanomic on August 10, 2014, 11:29:17 AM

I just read this:
http://www.finance-guy.net/finblog/how-will-you-spend-your-bitcoin/10/8/2014

It raises an interesting point that if we spend Bitcoin to buy stuff, the companies will most likely sell the BTC pretty quickly.

What do you think?

Will shopping with Bitcoin be good or bad for the price of BTC?

Not now, i will keep holding if only I have for as it stands with the price of Bitcoin is to hold tight and accumulate more if the funds is available .

If you have the funds to buy more Bitcoin, I will actually advise you to get some Bitcoin because as the price is going bull, we might be surprised to see Bitcoin at 150K soon. It is now many people are seeing a need to invest in Bitcoin. Now that the price is huge, many are still planning to invest in Bitcoin so that when the price shoot up, they will make money from the crypto market. It is not actually easy to be storing Bitcoin in our portfolio when we do have crucial needs to attend to which can always require spending money. I think we need for the habit of buying and holding Bitcoin.