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There's other problems with Bitcoin:
1. It takes a long time to verify transactions. It used to be minutes, but now the average verification time is about an hour. I guess that might still be acceptable if you're using Bitcoin as a Paypal replacement, but if people want to make Bitcoin a common method of financial transaction in stores, then that would need to drop to seconds.
2. The number of transactions the Bitcoin network can process per second is very low compared to credit cards. http://www.altcointoday.com/bitcoin-eth ... er-second/

AndyC wrote:My investment has doubled in that time - sure, it swings up and down but I'm hodling for the longer term. As for Bitcoin - one respected analyst thinks it could hit $40k easily.

John McAfee says 1 BTC will be worth $1M by the end of 2020, or he will do something on live TV which I'm not allowed to descibe here due to the board's conduct code.