As I'm new to Bitcoin I don't have a good sense of Bitcoin's current or potential rise in value. I would imagine that there are many who are ready to jump into Bitcoin solely due to it's meteoric rise in the past month or from the start of this year. I would think, too, that as, or if, Bitcoin becomes very much mainstream it's appreciation potential would certainly taper off.
Does anyone anywhere track the growth of retail establishments, whether on-line or brick and mortar, accepting Bitcoins? I would assume that the longevity of Bitcoin would depend on it's eventual fulfillment as a utility to make common, everyday purchases.
I'm cut short on this post as I have to leave, like, NOW.
But I've some other thoughts I'd like to add. Later.
In a couple years it will be as popular as Paypal. Why would you shop with Paypal when you can use Bitcoin?
Agreed that it will surpass paypal but a couple of years is pretty optimistic, the majority has no idea what a cryptocurrency is much less what it can do. It will take some major retails to adopt it before anyone will notice its existence, then its value will skyrocket.