I personally would love if people were spending more BTC I do understand however why people are holding.

If you're fearful of BTC rising so sharply, then it sounds like you could mitigate some of your risk by putting some fiat in BTC right now. At the end of the day although, you will have the same amount of money if BTC goes up and they lower the amount they pay you.

Yes, although it has only been a very, very small amount luckily. Unlike some horror stories I have heard.

I go through phases where I check it everyday, multiple times sometimes, but other times I do it weekly.

Although Bitcoin offers competition to the banks, I highly doubt it will replace it in our lifetimes.

We would have much, much bigger problems. The value of BTC if the internet ceased to exist would essentially be nothing, as it is the main means of spending / receiving BTC.

This is known to happen, and is going to occur. Fiat paper money can be used even easier to do so. So many detractors try to point to BTC, as if this one of the main reasons for BTC's existence. This only works on the uneducated of course.

Basic economic theory says it should go up. Markets are fickle although. We shall see.

The fact that I didn't put all my money in it when you could get it for pennies and I was actually following it! haha!

It would be best to not all sell at once, this goes for just about any investment position.

Hopefully this is not the beginning of a more major attack on Bitcoin. I also wouldn't be surprised to see in the coming months, although, that they resolve the issue and are able to sell to their German customers again. Coinbase offers a great service and the German people deserve to be able to take part in the program.

Personally, I get it the old fashion way, selling things that people need.

It's all relative if you use it as a daily system, as long as it doesn't fluctuate too high or too low, too fast. Otherwise it is simply not that important, as it is so divisible.

How exactly are you guys earning these? I make sales personally, and some of those are in BTC, this is how I earn.

Tonnes of merchants use BTC as a form of payment, my business does and has for years, way before it was mainstream.

I know many people that do spend their bitcoins in real life, as they want to keep the economy going and it is a great feeling to be truly immersed in the bitcoin experience. BUT I do know even more people that simply use them as an investment and hoard them. To each their own.

I obviously love bitcoin and what it fundamentally represents. I am a fan of anything that brings competition to the markets, especially when it comes to the highly manipulated fiat system. I have met those who are ignorant of what Bitcoin is, some can be converted once they know the facts, some just don't want to hear the truth.

Doesn't mean that it will make the price go up, but under traditional economics, it should have a positive effect on the price. Most certainly in the long term.

lol yes! I remember this well. Some uneducated people still say this, as this was the talking point they heard years ago. Yet, more and more people are looking at it and knowing that it is indeed legit and here to stay.

Another pivotal time in Bitcoin History, I remember the last one well.