Just now... China has declared a halt to Bitcoins exchange and operations by October... The price of Bitcoins has partially drop due to the news... However, if we can equal the population of Bitcoins user in China and invite a lot of investors... I think Bitcoin will still survive.... Hope so....
Not only bitcoin will survive, it will thrive.
Back in the day, Silk Road was supposed to be the reason for bitcoin's high value, then Silk road went down and a flash crash happened and panic and all that stuff, then bitcoin went all time high.
Don't sell cheap.