Bitcoin price is declining because there are not enough Bitcoins being sold vis-a-vis to the constant inflation of Bitcoin mining. Here's a crazy idea:

What if the larger Bitcoin companies and exchanges made an agreement to delete Bitcoins in designated and verified blackholes -- addresses with no corresponding wallet -- to stabilize the value in relation to the inflation? They would 1) be able to maintain the value of their profits and 2) possibly make Bitcoin a bit more stable.

Could this concept ever find itself in reality?