People are so stupid, bitcoin is the primary currency of most darkmarkets, that is, a multi-billion dollar industry. It may go lower than 300 at some point but it is not going to die overnight or in the near future. Only when these darkmarkets transition to a superior more anonymous currency/platform we will see the true end of bitcoin.
This is true, its not like overnight Bitcoin's technology broke or stopped functioning. In fact yesterday I read Gavins report on how we can scale the Bitcoin Protocol to scale with the volume of transactions = Visa
https://bitcoinfoundation.org/2014/10/a-scalability-roadmap/
Very interesting read on a few improvements coming to Bitcoin in the next few releases. Additionally I recall reading that the Bitcoin Foundation is going to standardize on a symbol for Bitcoin in 2015: http://www.coindesk.com/bitcoin-foundation-standardise-bitcoin-symbol-code-next-year/
With these changes, and all the VC Capitol that is going into Bitcoin related Technology I see this being "one" of the best investments people can make right now. Compared to last year where before the ATH (All time High) to 1000 we have alot more investors in the market this time around.
Can't wait for the next bubble peak, see you all their.
Edit: Also Bitpay Bitcoin Bowl will be on TV in ~2/3 months - Someone said 12/26/2014 - I hope they accompany the bowl with a few commercials about Bitcoin/Bitpay.
Additionally the Winklevoss COIN etf.
Porn Industry slowly adapting Bitcoin.
User Friendly Software to interact with Bitcoin is slowly being released for the general masses.
