"As a someone looking make purchases with BTC; if the value of a BTC is going up, why would I use it to buy anything? It's gone up $700 in the last week; up $20

"As a someone looking make purchases with BTC; if the value of a BTC is going up, why would I use it to buy anything? It's gone up $700 in the last week; up $200 in the last 24 hours alone. I'd feel incredible silly spending bitcoin in a growth phase." If it goes up so much, isn't it incredibly silly for you to not buy any? See, the reason why you haven't bought BTC yet is the same reason why BTC is still used to buy things. BTC might go down tomorrow, so why not spend it today and get more bang for your buck now. Case in point: I've personally spent ~100 BTC over the years (buying domain names, Steam games, paying my CPA, buying on Newegg, eating at Charlie Shrem's bar in NYC, etc.)