bitcoin will never see 3$ again its up up and away from here
http://en.wikipedia.org/wiki/Tulip_mania"As the flowers grew in popularity, professional growers paid higher and higher prices for bulbs with the virus, and prices rose steadily."
"Many individuals grew suddenly rich. A golden bait hung temptingly out before the people, and, one after the other, they rushed to the tulip marts, like flies around a honey-pot. Every one imagined that the passion for tulips would last for ever, and that the wealthy from every part of the world would send to Holland, and pay whatever prices were asked for them"
"People were purchasing bulbs at higher and higher prices, intending to re-sell them for a profit. However, such a scheme could not last unless someone was ultimately willing to pay such high prices and take possession of the bulbs. In February 1637, tulip traders could no longer find new buyers willing to pay increasingly inflated prices for their bulbs. As this realization set in, the demand for tulips collapsed, and prices plummeted—the speculative bubble burst"
So.. sure there are risks and history seems to keeps repeating itself.
Of course i would like to see BTC price going to replace current monetary system - but lets keep our calm