Re: Bitcoin's future prospects

Bitcoin's future prospects could be better than the current one, but will the price continue down when it rises?

What is the probability of a bitcoin collapse? It is extremely likely that someone will attempt to take advantage of people's ignorance of the true nature of bitcoin.

If bitcoin's price continues to rise, people will soon be unable to ignore it; it will be perceived as the 'gold standard' for currency.

What are your thoughts?

If me i will just follow the flow, i mean i actually believe bitcoin price can be very good in future. But if something happen and price really drop, so we must change to another investment. We must ready to face it, but if want to keep support bitcoin, it is everyone's choice.

I will continue to support because in my opinion the value of bitcoin will continue to rise in the future. Many people choose to invest in bitcoin right now because of low prices, but they are waiting for bitcoin in the long run.

How long we should be waiting for that price to commence a better market? There was no good trend to watch, it was fluctuating in a declining movement since the last fall happened unexpectedly. Supporting bitcoin for such a long time is a good motivations, but truth really hurts after those struggles affected our emotions specially on frustrated days that the price went so cheap.

Maybe if people want to keep support it, it is their choice. But like what you said, we people should know which one that can be profitable or not. So if bitcoin (hope not happen) get bad things so it don't have it's value anymore, we can't keep to support it.