Back then, I thought Bitcoin will really become a currency and will be used as a medium of exchange. But now I think Bitcoin will just gonna stay as an asset used to earn profit. Though I hope Bitcoin`s use will level up.
Actually bitcoin will be used as a medium of exchange in the future. Bitcoin will reach its market equilibrium when there are more people use it to buy goods or pay service rather than trade it in exchange. Trading activity has been giving very extreeme movements of bitcoin price. Panic selling and panic buying is unavoidable.