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$5000 and you KNEW it would not go higher, but you also KNEW it would not dip in value? Maybe we could assume it would rise with inflation. If this were the case would you be more or less likely to move your money to Bitcoin?
If I bitcoin will not go any higher than 5000$ and still have no chance to drop down the price, I will still use bitcoin and I still love bitcoin. But I will not invest or trade again. By that time I can guarantee myself to get nothing when I buy bitcoin and sell sinve the price is already fix. I am not the kind of person who changes the fiat into bitcoin else I convert my bitcoin into fiat. Even though bitcoin will not increase to 5000$ again we still need to find a way to grow our money. It does not mean that we go with the flow. For most people it is not a good thing for sure
So many coins out there, so many ways that can make us earn more than 5000$. The situation you give is possible to happen but hopefully not this time , not that price, and not anymore.