The "bumps" are getting smaller and smaller as amount of transactions and amount of users grows. As BTC dissipates through hundreds of thousands of hands, a sin

The "bumps" are getting smaller and smaller as amount of transactions and amount of users grows. As BTC dissipates through hundreds of thousands of hands, a single person's decision to sell or buy affects the price much less. The only reason for general panic would be a global problem like successful attack on the network or on popular services like MtGox, Coinbase etc. As times goes on we are having more exchanges, they get compliant with all the regulations, and most importantly, we have more businesses that accept bitcoins, so the demand for BTC-USD exchange slowly goes down (it's far from being small, but as BTC economy grows, the need for USD goes in the opposite direction). I would not expect big crashes due to pure speculation. And I'm quite confident that amount of money, people and experience in this game is big enough to ensure much more stable growth than 2 years ago.