In some ways I would be considered a "hoarder" but I wait for the awards I want. I accumulate quite a few miles through my credit card. I am in the process of booking two business class tickets to China for the olympics next August and will most likely need to use double the miles as normal to do it. But I have the miles, it is my niece's first trip overseas at 18 and it will be next to impossible to get "saver" award seats.

I book quite a few trips to Alaska using miles but usually at the lower award level and maximizing use of stopovers with AA or DL, and often in F.

So I would say I accumulate, not hoard.