[darkmighty]

I think the big question is when and where the "natural dynamics" of the coin will stabilize. It's been widely discussed that bitcoin will cause massive hoarding and appreciation for a long time, causing massive deflation and ultimately limiting practical utility, which at some point will cause massive inflation, and so it goes -- what's the equilibrium of this?

I'd say we're still far from saturation, probably 1/5 of market cap for medium term (long term depends on more widespread adoption). And the practical utility which would determine it's target market is debatable -- will bitcoin settle for being a kinda-useful method of transferring money among nations using exchanges/locals as intermediaries (which already has a lot of competition), laundering money and buying illegal things or will it become a widely adopted worldwide currency?