The biggest problem with Bitcoin is the myth of holding the coins will make the owner rich
unfortunately those holding will end up being the masters of the demise of Bitcoin
before the masses pile in,it needs to be spent and proven to be worth something
what sort of worth does holding Bitcoin create,sod all
I disagree. Hodling increases the value of Bitcoin, because there are less Bitcoin available for sale. It's the same with precious metals: Most of the theoretical supply is not available at the market, because it is held by central banks, private individuals, and investment vehicles. This has a positive effect on valuation.
Selling Bitcoin via payment processors that immediately cash out to USD at any price will lead to a declining fiat/Bitcoin exchange rate. Spending Bitcoin only makes sense if the receiver does not buy fiat with it.
ya.ya.yo!