Quote from: JL421 on February 19, 2017, 07:34:45 AM

Quote from: requester on February 06, 2017, 05:51:24 AM

As I had encountered that day by day more people are joining bitcoin inspite of its sky rocketing price and day by day more and more government and other agencies are coming against bitcoin so will bitcoin stay alive and will it be able to invite new user in the network?

Yes definitely it will if you see the main direct rival of bitcoin is china. I don't about the Chinese as most of them seem so scared when they invest so when they hear so weird thing that it is risky they sell it. But around the world many countries are supporting bitcoins as I saw a news that dubai is investing in blockchain technology and more and more online businesses are adding bitcoin as payment method because of this more people can will be aware od bitcoins and slowly it will keep increasing.

i think "trap" is not suitable word to be use for bitcoin. to me i think bitcoin will attract more and more uses to invest their money here, in fact bitcoin giving suc opportunities to its users to make more and more money .