I feel like BTC at $8000 is still overpriced. Due to high fees and slow confirmations, it's not really suitable for payments.
Please stop this kind of statement that bitcoin is slow and high in fees. You're still not moving on from the Decembers situation, everything has changed and set to lower fees now and the speed isn't a problem anymore.
I totaly agree with you about lower fees and confirmation time. This chart shows it great:
https://blockchain.info/charts/transaction-fees-usdFrom peak of 22 mil$ and average of 8mil $ in december daily to 200k $ daily now.
But number of transactions per day decrised too :
https://blockchain.info/pl/charts/n-transactionsTo enable bitcoin to be use in everyday trades we need not 200 000 transactions like now but close to 150 mil like visa can "in 2016 that VisaNet processes an average of 150 million transaction each day". We are not even close. Thats why in my opinion bitcoin value is like i wrote above. GOLD in CRYPTOWORLD. Not everyday cash to spend in store. Maybe in next years it would change but not fast.