Its easy to say 'Bitcoin will fail', a 2 yr old could say that and have as much integrity as the op. Want to impress me? When is it going to fail. So far, and when I say bitcoin I really mean blockchain technology used to trade work between 2 parties, with high security.
So I ask you OP when is bitcoin going to fail as a method to transfer currency from one person to another anonymously? So far, it hasn't failed, its passed with flying colors everytime there is a transaction added to the blockchain that cannot be reversed ever.
I'm waiting for the date that bitcoin or blockchain technology fails. please.
I think your 'Question #1 is totally irrelevant.
Statement
Hard call to make did anyone know 2 years ago when it was going to blow up? I don't think it has more than 3 years and I think it is going to be 3 years of steady price decline but maybe I am wrong. Maybe another economy collapses and tomorrow it is over $1,000 again. If you are asking for an exact date all I can say is if I was that good I wouldn't be selling out I would just be buying low and selling high and riding this whole thing to the bitter end playing the waves. Unfortunately I'm not that good, that's why I'm getting out why it is still worth my time to get out.