Quote from: btcrut2017 on January 26, 2018, 01:08:16 PM

Quote from: Jeremycoin on January 26, 2018, 11:33:58 AM

I don't do all those 3 things.
First, never actually buy Bitcoin with fiat money because I just don't have that much money. Second, I rarely do a trade with altcoin. And third, I'm not just hodling what I have because I always spend my Bitcoin to buy what I need. I know this seems stupid to spend all my Bitcoin instead of hodling it, but believe me this is what we need to do to maintain the system.

Hi bro, i am intrigue with what you say "this is what we need to do to maintain the system". If you don't mind me asking, what system are you referring to?
Sorry for asking.

I think he means that it's better for Bitcoin if more people buy it to actually use it and not just for speculation. Right now 99.99% of Bitcoin holders bought in only to sell it for a profit. This is bad because the demand increases only if new people are buying in. Of course There is a very long road until there will not be enough people that get into the market (only about .01% actually hold Bitcoin) but the more the coin grows the harder it becomes to grow further. So unless we see some real usage for Bitcoin some day this will be a very big problem.

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