I have halted all purchases paying with Bitcoin

[christycalhoun]

But if everybody holds onto it, it's going to be a pretty crappy currency because nobody will spend or accept it.

The market is still young and many people are waiting for new buyers to come into the market. There are billions of people out there and only a small percentage use bitcoins.

[aso118]

But if everybody holds onto it, it's going to be a pretty crappy currency because nobody will spend or accept it.

The miners have bills to pay.
They will pay for their purchases with bitcoins, or sell it at exchanges. 

[VirosaGITS]

But if everybody holds onto it, it's going to be a pretty crappy currency because nobody will spend or accept it.

The miners have bills to pay.
They will pay for their purchases with bitcoins, or sell it at exchanges. 

As a miner i buy all my hardware with Bitcoin as well and stuff like power bars, PSU's surge protectors, cables wires and pretty much everything with BTC. Then i spend the little BTC i have left and buy living necessities out of it. Most of it never hit my bank account and since there is no capital gain, it is not considered income in Canada.

[gentlemand]

Hold it till the 2020 block reward halving. You will have a pretty good idea about where Bitcoin is headed at that point.
I will be holding till that point too. No matter what the price is, I plan to liquidate only half of my stock.

Yup. I think that's the most sensible strategy. Lots of noise, issues and wrinkles to iron in the short term. If there isn't a clear path upwards by then I'm not sure there'll ever be one.

[mookid]

Basically what we need right now is more people embracing bitcoin as a valid and CONVENIENT payment option, that will drive the price up.
Right now the community is a circlejerk of altcoin scammers (maybe i'm exaggerating but it is something you see everyday on this forum).
These development uncertainties that bitcoin suffers don't help either.
Bitcoin can offer so much for those whose local currency is under threat of devaluation.

[gogxmagog]

The thing about hodling and waiting for moon is; if and when btc is worth 6 digits and more it will also be accepted almost universally so you would have no reason to cash out. Your buying power would be in btc and you could pay for everything with btc. That's also when the banks will collapse.

I can't wait too

[maokoto]

Your strategy seems quite reasonable. I like gold too, but you already have some, so holding BTC looks quite good. Congratulations.

[golapani]

...

Recently I made a decision to just stand pat re my BTC holdings.  I had made various experiments into buying gold (from veldtgold.com here at bitcointalk) and providentmetals.com, both of them gave me good & rapid service when paying by Bitcoin.

But, my wife is less-than-enchanted with me buying more gold, so I will just HODL the rest of my BTC "pile", and wait to see what happens in the near and medium term future.

I am inclined to believe that BTC will likely go higher from here, with a lesser chance of going much higher, but I have less insight into that than many BTC veterans and experts.

So, I will just sit on the sidelines now, and cheer the BTC price on up.  If ti reaches very high numbers, I will re-evaluate my HODL, and turn them back into CA$H or gold.  In other words, my BTC are now in "strong hands", I am not going to let them go.

You will probably be hacked by some hacker.they are always on the lookout for hefty purses

[RealBitcoin]

...

Recently I made a decision to just stand pat re my BTC holdings.  I had made various experiments into buying gold (from veldtgold.com here at bitcointalk) and providentmetals.com, both of them gave me good & rapid service when paying by Bitcoin.

But, my wife is less-than-enchanted with me buying more gold, so I will just HODL the rest of my BTC "pile", and wait to see what happens in the near and medium term future.

I am inclined to believe that BTC will likely go higher from here, with a lesser chance of going much higher, but I have less insight into that than many BTC veterans and experts.

So, I will just sit on the sidelines now, and cheer the BTC price on up.  If ti reaches very high numbers, I will re-evaluate my HODL, and turn them back into CA$H or gold.  In other words, my BTC are now in "strong hands", I am not going to let them go.

Yes its an interesting phenomena.

Males are money earners, women are money spenders.

Males want to earn more money by sometimes excessively taking risks, while women are more financial conservatives, trying to look for realistic gains and preserve status quo.

Better listen to your wife now, and keep your risk low, because you probably bought tons of them.