I don't think that Bitcoin is going to die anytime soon personally because it's already spreading and spreading and we see a lot of companies (big ones) like Namecheap , Microsoft etc ... starting to accepting it as Payement method which is pretty good . for what comes to the price I'd say it will be around 600$ on the Next halving block reward which should me on the end of 2016 .
Yes it was in a progress and slowly developing all over the world. Lot of people in the world are now using it and I think that makes bitcoin more useful. What I predict in bitcoin was it will be legalized soon and can be used a rule of payment because as we see now there are some who accept it as a payment. Also for it price I predict that it will increase more because in just a few months that past it was too far now and very high if we compare the two. And its good for us because it can help more people.
Future is highly unpredictable and so is bitcoin.At present,like a storm,bitcoin is growing.The prices are rising at a very fast rate and it is at the top of all the cryptocurrencies.It can be regarded as the King of the cryptocurrencies or virtual money.But since it's price is not stable it can also collapse.Prices are like a bubble.If prices get very high,it can explode.If they are very low,bitcoin can also vanish.However,there is a possibility that Government can accept bitcoin.The future of bitcoin is developing.If it gets popular and strong in future,there is a possibility that it can take over the paper money.