Quote Originally Posted by Rock_Flock_of_Five View Post
It will bounce back, as it always does. As an investor, you just need to hold steady and not panic sell.
Steady on there. Not everything bounces back. Although I suspect you are probably right in the medium term, the wall of governmental pressure is going to have an impact at some point and Bitcoin is a relatively limited currency. These things do have a function and there are coins that function better than bitcoin. At some point the value will be placed in that utility and who knows? Bitcoin may find itself a long way down the pecking order. And let's be honest, a lot of these currencies won't actually survive.