BUt this is the trend that those whales teaches the crypto users specially bitcoins to hold and wt for the value to increase and sell when theyre expected price reached..but youre point is perfectly right that a currency must be spend not hold,in this way the circulation will go on its proper way and the price dont need any correction in future.
Bitcoin is not the normal fiat currency, it's a cryptocurrency and has the tendency to rise and fall steadily. Even when it has reached a very high price, it will still fall cause it's just in it's natural to do so. Since the supply of bitcoin is not really that fixed and there is constantly buying and selling activities in the market; there won't be a stable price. If you want a coin close to having a stable price, check out Ripple.
Whats the difference between bitcoin as currency and to the NORMAL CURRENCY that you mentioned?not because this is virtual money meaning its functions is different from fiat,your definitely wrong in future this two will have same obligation to the people and this is to act as what human needs to transact.
But since that your a ripple supporter now i know whats youre stands about this bitcoin issue,that banking crypto will never lead this market,im pretty sure of that because banks are the problem why people turns to crypto,and bank will never let people earn as much as they are..
