Right now people are in panic mode, Most of them don't see the big picture and are just here for the quick buck.
The total amount of fiat money in the world is over 80 trillion- This is a conservative estimate and it much higher. The crypto market will grow very rapidly over the next 2 years. At the end of 2018 it should be minimum 1 trillion total. At the end of 2019 it will be over 5 trillion.
My mathematical formulas tells me bitcoin will be somewhere between 46,653-57,259 at the end of this year.
Don't fall for the stupid government fud. Governments can't ban crypto and they don't want to. Any country stupid enough to ban cryptocurrency would lose out on a massive amount of money. People wil just spend their money in countries that allow it.
In the far future (in crypto tearms, like 3+ years) , fiat money will rapidly start to lose value and the us dollar will have significantly crashed by then.
I personally don't think so,Its very hard to say for me..it may not be 5 trillion,but I hope it will be 1-2..what about significant Legal Barriers,When governments disagree at such a basic level ,it is usually because they possess only pieces of the overall picture,Even if we want to talk about legal grounds,They don't have it to ban cryptos because they don't have legal basis and relevant legislative grounds,I'm talking about legally developed governments,they don't have because here is the will of the people and their rights/possibilities to ''play'' with their own property as they want and as they need.