Quote from: Amph on October 06, 2014, 09:16:42 PM

Quote from: Srbotones on October 02, 2014, 03:10:53 PM

Quote from: pitaluga on October 02, 2014, 02:57:40 PM

Quote from: jbrnt on October 02, 2014, 02:24:30 PM

We cannot just sit and wait for the next halving time. Bitcoin price is not going rocket just because block reward is halved. We need to maintain a lively bitcoin ecosystem and make bitcoin more desirable for consumers.

i think it will happen naturaly, with so many people buying and holding bitcoins, when the companies realize this huge amount of money stoked with bitcoin users, there will be a "bitcoin rush" (like gold rush) to convince the users to espend this money with their goods.

I don't think it will happen naturaly. It will happen "naturaly" if Bitcoin econmy works well, if people consume goods and services and if people work more and more with Bitcoin.

If you just sit and wait, the "utility value" of a Bitcoin is equal to 0, you have to use it and work with them

well not everyone need to do that, someone can just sit and watch, this what he mean with "naturally"

Yes, of course but "Hodl" cannot be the main trend. Every economy needs movement. You can have a % of your wallet as a saving but like I said, if every one hold their Bitcoins, Bitcoin economy is over in the mid-term and long-term.

"Produce" it by making goods ,services or mining.
Spend it in goods and services.

IMO is the only way to make this work.