With transaction costs rising above $1 the original promise of cheap remittance using Bitcoin is officially dead. Without utility Bitcoin use is limited to speculation only and even further what is there to speculate about?
I would like to debate this and gauge the community's response to Bitcoin experiment.
We still have other alternatives like eth even though our expensive bitcoin transaction fee, can't deny that bitcoin is still feasible and many want it, so I think bitcoin is still useful even a very high bitcoin price becomes a remarkable thing in its use.