Bitcoin existence is like Cigarette. If a government is unable to ban cigarette even though they knew that smoking cigarette is harmful, then i believe Bitcoin is here to stay in my fleeting lifetime.
I have heard some rumours about how the conspirator could be painting the tape since they may actually own 90% of all bitcoin in existence. That makes long term LARGE investment extremely risky and foolish as it simply hurts investor’s confidence.
However, due to a growing number of avenues in underground market activities. Bitcoin are largely exchange on a daily basis. Now that actually makes trading bitcoin on a daily or weekly basis highly possible due to presence of high volatility. I could be wrong though, just my 2 cents of imagination.
Even Facebook want a piece of the Crypto Pie.