Quote from: HarmonLi on August 10, 2014, 02:26:12 PM

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?

Nah, I just hold them. The price is too low at the moment. If I sell them now or use them to buy stuff, I guess I would be off at a loss. But I'm looking forward to use my BTC to buy something in the future when the price goes back up again! Maybe even into a new bubble!

Why wouldn't you spend your BTC, then buy an equal amount of BTC on an exchange and/or on a trade? This would increase the amount of BTC adoption, will likely allow you to buy goods at a discount and increase the size of the bitcoin economy.