Recent observations of icy bodies in the asteroid belt point to the possibility of the existence of a new class of objects known as Main Belt Comets (MBC). These objects that are dynamically similar to the main belt asteroids (e.g., Tisserand numbers larger than 3), present physical characteristics (e.g., dusty tails and comae) that resemble those of comets. The discovery of main belt comets has raised many questions regarding the origin, formation, and the activation mechanism of these objects. I present the results of an extensive numerical study of the dynamical evolution and collision probability of MBCs and discuss the implications of the results to the scenarios of the formation of these bodies. I will also discuss the probability of the collisions of these objects with smaller (i.e., m-sized) bodies as a possible mechanism for triggering their cometary activities