$20,000? That's crazy! It seems like only a month ago when it surpassed $3,000. I don't think it's too crazy an idea to think that with more adoption of bitcoin use, the price may come down. Usually that's how supply and demand works. But I think the type of adoption you really need to look out for is with the major banks. Here in Canada, for example, a lot of the major banks are already experimenting with blockchain technology, the same tech behind bitcoin. They have created a cryptocurrency to be used only between banks rather than for people in general, but the idea is to introduce it as an official digital alternative to cash in the future. I think once you have most major banks doing this and they have came up with a viable alternative, that is when bitcoin will crash. They like the security of bitcoin (which is why it's value is going through the roof) but they don't like the fact it's decentralized (or the fact they can't control it) so they will make their own alternatives.
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