True, I believe that bitcoin has a great chance at becoming a big online way of payment. I guess we'll have ups and downs, where do you guys think the price will stabilize at? Everyone is spamming FUD about bitcoin for the past week.
I don't know but with the amount of ASICs hitting the market, difficulty will continue to rise and price will follow. Even if every government in the world bans it, it will not die. It has an underground following and when millionaires have mining farms producing bitcoin at an alarming rate, they will continue to mine, support, and spend bitcoin. Bitcoin could survive even if not a single business accepted it, through the underlying network of BTC holders. (Just like using gold to buy a car off of someone) They're not just going to quit supporting it because the governments told them to, that is half of the reason that it exists. Like anything, it will take a generation or so to accept that it is the "in" thing. People will only accept change when they are ready. Like seat belts, diversity, debit cards etc.