...Bitcoin probably will never die but the banning of bitcoin could change the whole dynamics (let alone a temporary major price dip).
...So I wonder what you guys' thoughts are.
Banning or making Bitcoin illegal is not really a concern for the Bitcoin network.
It will only be a problem for users who are holding for speculative purposes or get rich quick schemes.
The only true concern is governmental regulation invading and attaching into the network itself.
It would be very hard for them to do, but not impossible. That would destroy the very reason for using Bitcoin.
For example, there will be "clean vs. dirty" coins, address registrations, and address blacklistings and coin freezes.