You’re asking the right questions. Most don’t even know what the blockchain is
or what it does. Most don’t even know what bitcoin is. They just know they can buy
it or sell it.

Bitcoin price is high because it is seen as a limited commodity. There is a high
demand for a commodity that has a limited supply, and that is what drives the
price up. People are doing any and everything to try to buy bitcoin as it increases.
A limited application is simply in high demand on the blockchain.

Blockchain is a great technology and it is here to stay. It’s ability to infinitely keep
records and infinitely run applications are it’s true ultimate definition, and it will soon
be adopted by all businesses

Will bitcoin infinitely exists or is there an end game?

That is the question. Everything is speculation at this point. But with its limited coin supply, high transaction fees, and it’s lack of scalability, it has too much of a ceiling.

Either it will continue be treated as digital gold, and move based on
what the market thinks it is worth, or it will simply be replaced by another
application. Because, at the end of the day, it’s just an application
on the blockchain with limited supply that’s in high demand.