Would a service for automated repurchasing of Bitcoins encourage spending? We launched Reload, an online service that binds your bitcoin wallet to your bitcoin exchange account (16 supported so far): whenever you spend bitcoins from your wallet, Reload will use your exchange account to immediately repurchase the same amount of bitcoins. Reload also enables automated reporting and bookkeeping. Do you think such services might encourage Bitcoin spending? Are you repurchasing Bitcoins automatically with some other service already? Do you find this kind of service useful?
This seems rather odd to me. I try to time my purchases with Bitcoins for times when the price is high. And I try to time my purchases of Bitcoins for times when the price is low. If I use a service like this, I'll either be buying high or selling low, which is not my personal preference.