I would assume that all of us here are 100% sure that Bitcoin is rising in value and the recent correction many days ago is just a temporary setback and in fact Bitcoin is now again rising in price albeit a more timid way.
With this scenario in mind, majority of Bitcoin holders are not spending their Bitcoin but holding them just like a precious gold somewhere in the cyberspace. The mantra seems to be HOLD HOLD HODL HODL and I am seeing it everywhere in Facebook, forums, group chats and even in cafeterias worldwide.
Together with the increasing demand coming from Japan, et. al., this in turn is helping push the Bitcoin upwards and once the scaling problem can be solved by August we are expecting that Bitcoin can jumping with joy and a resurgence like we have never seen before.
Just hold them and never be tempted to sell or you would later on regret as if 50% of you died digitally.
Prior to that increase demand and the event that will happen in August, bitcoin users are really into holding their bitcoin since then. I entered bitcoin world when the bitcoin price was around $200 and that day, I have already seen many users saying JUST HODL BITCOIN. And the result is clear if we look into now. If applied today, it's 100% reasonable to just HODL bitcoin since we can speculate what will be the future of this currency. Positive speculation to the extent that we didn't expect it will happened.
And now that we are expecting more surprises to come that can boost more the bitcoin price, no other thing to do but to acquire more bitcoins and do the hodling system.
