I've been thinking about why people use Bitcoin a bit lately and its long-term potential. It used to be touted as an alternative to fiat currency, and in fact, the future of currency. Now it seems that people are talking about Bitcoin more as a store of value - a place to keep your money safe that is not a bank or an institution. I know a lot of us invest in Bitcoin more for the perceived increase in value; basically, a lot of us want to get rich.
Here's my question: Would you still continue to move your fiat currency to Bitcoin if it topped out at around USD$5000 and you KNEW it would not go higher, but you also KNEW it would not dip in value? Maybe we could assume it would rise with inflation. If this were the case would you be more or less likely to move your money to Bitcoin?
Too early to say no but the possibility is really high but on the other hand, i think if the price will really be stable at that time i think there will be more merchants that will offer different goods and services which make a user buy bitcoins for that reason, therefore it is now safe to say that i will be more likely to use it depending on the future of merchants that accepts bitcoins and offers different goods and services which make a user buy and spend his own bitcoins.