The value will be for transaction then if the price stayed where it is till the next five years while it has no value for those who want to make gain from it if the price remain the same. Volatility makes Bitcoin to be valuable and bitcoin can't stop to be a volatile asset, there is exactly no way the price of bitcoin will remain the same for a long time like 10 years rather the price will appreciate more if you accumulate now and hodl in the next 10 years or more.
It's indeed impossible for the bitcoin price to remain in one place for 1 full circle. It's not even that possible. Under a year. The price will definitely be moving up and down, but let's assume the impossible happens and that's the case here, then bitcoin will mostly be used by those who want security over the transaction and protection over their holding, being treated as a reliable payment option among parties since they won't have to bother about price change.
Yea, if the impossible happens, bitcoin's use case will be centered on being used as an alternative means of payment to fiat. This is exactly what Satoshi intended for bitcoin. For all those seeking to make permissionless and borderless transactions, their go-to currency will be bitcoin. At least those who have always used volatility as an excuse for not considering bitcoin as a suitable means of payment, can now see bitcoin as one.
1.Who says that Bitcoin's biggest strength is the price? Can you mention anyone in particular?
2.No price can remain stable and rock solid for 10 years. A market price is determined by supply and demand and those levels of supply and demand are constantly changing. Having higher price elasticity can be good for an asset, because it attracts traders and investors.
A market price is tied to value. If an asset or resource has an extremely low price, this means that the asset or resources has very low value. Bitcoin has a relatively high price, which means it has high value as well. Bitcoin's value is built upon decentralization and trust.
Bitcoin's strength is definitely not in the price alone. Imagine if bitcoin wasn't decentralized, the price which we are talking about now wouldn't have made any sense because alot of things must have been altered by now.