Also, as far as I know, there is no reason to assume that Bitcoin will ever stop being extremely volatile. Due to the in-built deflation of the currency, the m

Also, as far as I know, there is no reason to assume that Bitcoin will ever stop being extremely volatile. Due to the in-built deflation of the currency, the main incentive is to hold the coins until some value is reached and then sell them. But because the distribution of coin ownership is quite asymmetrical, there are people out there that could cause massive drops in coin value by accidentally flodding the market when their 'Sell!' price is reached. So the price will go up, sometimes faster, sometimes slower, with massive drops every now and then and a continuous value increase over the very long run.