Hoarding bitcoins=Good for you, Bad for the Bitcoin currency, Wich is what your hoarding, So you devaluing what your trying to hoard, By hoarding it.
AKA, Bad for you in the LONG run. AKA Bad for bitcoin in the Short AND long run
Once one guy "dumps" his coin stash into the market, People will go "OH NO ITS CRASHING, I HAVE TO SELL MY STASH TOO!"
And Boom, There goes the bitcoin value. But theres a big differance between Hoarding and Saving
JackRabitt, you totally hit the nail on the head.
For those arguing the semantics of saving/hoarding, I think you are missing this point. Speculation alone will not be able to hold up the value of the currency, and spending your coins is critical to energizing this economy. As another poster who was arguing against me said, 90% of the currency is held by hoarders, and thus the hoarders prop up the value. When happens when that 90% get antsy? If 90% were circulating in the market, it would be no big deal, as you just go out and buy/sell stuff.
The economy is not as vibrant as the euro & dollar markets, but it only gets there when those that hold coins spend money. If you don't think there are things to spend money on, look here:
https://en.bitcoin.it/wiki/TradeI personally like the VPS options, and am moving from linode to one of those.