What will you do when the Bitcoin ecosystem SHRINKS?

[t1000]

as we know, bitcoin is growing at the moment, albeit slowly.

but nothing lasts forever, so just like myspace and facebook, one day people will abandon bitcoin to go to another system e.g. fiat money.

what will you do then?

For there to be another big currency that people would jump to that currency would have to have the same capital level bitcoin does, currently no other crypto currency has 11 million coins in circulation.

Well, Feathercoin has 28 million, some stupid canine coin certainly has more than 11 million.

[BTCisthefuture]

Not sure how you could compare spending/receiving/saving  money to something like facebook.  Not even close to the same thing.

People don't get "bored" of spending money or receiving money or saving money.  The hype and attention around bitcoin would certainly go down as it became a more common thing, just like online shopping or a place accepting debit cards isn't a big deal anymore.  But as far as people getting bored with shopping or running businesses or saving money ,  thats not going to happen.

[zagerfish]

In theory, if a new technology or coin came out that would clearly make bitcoin absolute, the value of bitcoins could plunge to zero, as everyone tries to get off the boat.

Or if the US and EU decide to ban merchants from accepting it.

Everyone seems to be in denial that this could indeed happen.

That risk is just part of the bitcoin gamble. 

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Get 420 with bitcoins at zeltasgarden.com

[black_swan]

zagerfish if the EU or US ban it the price will drastically collapse to 2 digits, if not 1.
Is that a real possibility you factor in? Isn't it too drastic?
I see tax, regulation and accountability but not a complete ban

[MrPalmer]

What will I do?  Same thing I'm doing now.  Develop my understanding of crypto, and wait to see how it pans out.  This is a long play.  Even if the ecosystem shrinks, it will grow in other ways, and being able to adapt will determine the longterm success.