[down]

If you look longer term the 1999 is just a small blip, so what if bitcoin crashes, bitcoin will replace banks, which are crocked and make money out of nothing.

[eru]

To make a prediction: bitcoin will only be successful as a currency, if we get fractional reserve bitcoins and other forms of book / paper bitcoins.

The futures market is one step in that direction. The balances held at exchanges are another one. See https://www.goodreads.com/book/show/136283.Less_Than_Zero for a historic comparison.