I think the title says it all.
After a long time of thinking, reading and also investing a bit into Bitcoin I have to say that it looks for me that the main use is actually just pure Investment. It always looks like that everyone just talks about how great the Technology is although they secretly want to get super rich with a always raising price. Of course it's used with several shopping or daily things, but that's just such a small part of it.
During that, people who don't want to take the risk to invest call it a "Bubble" and people who don't want to lose their money just make kind of stupid speculations without any arguments.
In the end (just my opinion) the price of Bitcoin is controlled by all the media (that's hyping bitcoin and talking about it everywhere) and all the really big bitcoin whales with e.g. like 10000+ coins can actually effect the market the most. Imagine what a few people with a huge amount of bitcoins could work out together to control the market and making money.
It's just weird, because it turns this, what everyone calls it, great technology in the end just to a fully commercial object to earn money. Which would be probably also the reason why it stays and raises all the time, because it's normal that everyone wants to make a big amount of money with this little effort.
Let me know what you guys think and please don't give me this non argumented one liner like in all the other threads
It's a yes and no.
YES because you can actually use bitcoin as an investment. Most people think that when you invest in bitcoin, you'll always earn or at least profit. And that's the case for most of the time. Investors actually invest in bitcoin to earn, and they're a part of the reasons why bitcoin value changes in the course of time.
On the other hand, it can be
NO because you can use bitcoin just like a cash. You can use it to buy things, to pay bills, and to pay services. The more bitcoins you have, the more money you actually have. You can even convert it to fiat, which is one advantage of using bitcoin.
The answer for this actually depends on how people see and use bitcoin. You can use it for investment purpose only, you can use it to buy goods, or it can be both.