No one knows for sure (with any degree of certainty) what the future holds for bitcoin. Having said that, most will agree that the future is bright.
Here are 10 reasons why Bitcoin is strong today and will continue to grow:
1. Bitcoin introduced blockchain technology for the rest of the world to utilize.
2. Bitcoin itself is a protocol that will continually evolve.
3. Acceptance (Bitcoin is only 10 years old!)
4. Much of the developed world where payment systems that enable instantaneous person-to-person payment are not available, would love to adopt Bitcoin.
5. Volatility will minimize as the public at large becomes less sensitive to everything the media spews out and as more users adopt it.
6. As larger corporations start offering Bitcoin as a payment alternative, smaller companies waiting in the shadows will jump on the bandwagon.
7. The market capitalization of Bitcoin indicates that the currency is now too big to collapse (and is backed by the trust of its users).
8. The buying process of Bitcoin will be made much simpler than it is at present by exchanges, corporations, and developers.
9. Bitcoin will be featured regularly in the remittance world and by travelers and travel agencies alike.
10. Bitcoin is universal and globally recognized as a store of value.
Agree? Disagree? What your thoughts on the growth of bitcoin now and in the future?
In my opinion you forgot to include the most important of the reasons, bitcoin is the best currency we have available in the world, and when you are the best you have no chance of disappearing and your growth is almost assured.
Fiat currencies are still in power only because they are backed by some of the most important and powerful institutions around the world, but at the end that doesn't matter because they have huge flaws that are impossible to cover now that bitcoin has come to make evident their flaws.