CEO of ShapeShift: The fastest time for Bitcoin to appreciate is when more people are spending Bitcoin

ShapeShift CEO Erik Voorhees said on Twitter recently: "From a practical point of view, the fastest time for Bitcoin to appreciate is that more people are selling bitcoins, more consumption is happening, any operating encryption company People have witnessed this phenomenon. Contrary to the 'deflationary spiral', which is bad news for proponents of the French currency."