Bitcoin will be going all over the place for a little while, there won't be any proper ways to judge the value for a while as all the investors freak out and start to sell their Bitcoin.

Wait for the full-block capacity talk to die out, and there will be movements as normal. This is just brought on my the surge of news sites claiming that Bitcoin has collapsed.

Bitcoin isn't going to make banks disappear. It's just meant to be an alternative payment/cash system. People will always need banks even if it's for just loans or whatnot. I suppose they could issue loans in bitcoin but banks will want to keep hold of the currency they can create/print/issue on their own will so in that respect bitcoin isn't preferable to them.

There is one certain thing about Bitcoin - it will go down...way down, then back up...way up, then sideways for awhile.  Just when you think it is down it is up.  Then it seems like when I sell it goes up.

People lose more money every year stored in their bank accounts and atms as compared to Bitcoins, the only bitcoins that get stolen are because of either carelessness in handing private keys or investing in scams.

I don't think traditional banks will disappear, because they could just adapt their business model to this new reality. What is going to disappear for sure is their abuse of power and the massacre they do with ordinary people on exorbitant interest rates...

Even if just 1% of the people in these countries where bitcoin is making ATHs are actually buying bitcoins as a hedge or investment, then that's tens-hundreds of thousands, if not millions, of folks buying per country that is affected. Sooner or later, the whole freaking planet will be panic buying these mysterious miracles and very few can comprehend such a dynamic and the potential outcome. Words can't describe such an outcome other than "Holy ....".