No one knows, but I don't think it will ever go down significantly at least. Bitcoin will always be used by a certain subset of the population, which is growing. The rise in Internet activism in the past year or so is astounding. As governments become more involved in a negative way, people will start using bitcoins more as anonymity is a huge advantage. Some say that the price will fall if the US government makes it illegal, but if the history of prohibition is a guide, the opposite will happen. It's the best thing that could happen to it in my opinion.
The Wall Street types who try to discredit bitcoin will show their foolishness soon. They know nothing about what happens online. Bitcoin is not going away. The rise of the geeks begins.
By the way, Western Union has a pretty large money transfer business. They take in about $5 billion in revenue annually. It costs $12 for every $200 sent. They are beginning to crack down on anonymous senders, so undocumented workers may look elsewhere. I think we all know that a large percentage of people who use WU are doing so to avoid more traditional (and cheaper and more secure) methods for whatever reason.
The Wall Street types who try to discredit bitcoin will show their foolishness soon. They know nothing about what happens online. Bitcoin is not going away. The rise of the geeks begins.
By the way, Western Union has a pretty large money transfer business. They take in about $5 billion in revenue annually. It costs $12 for every $200 sent. They are beginning to crack down on anonymous senders, so undocumented workers may look elsewhere. I think we all know that a large percentage of people who use WU are doing so to avoid more traditional (and cheaper and more secure) methods for whatever reason.
Wait until the US dollar finally flatlines. See what BTC is worth then.
I'm definitely hoping the exchange goes up soon as my mining rig isn't making nearly as much as it was when I started (only a month ago). 
