5. Volatility will minimize as the public at large becomes less sensitive to everything the media spews out and as more users adopt it.
Nope. Volatility will only subside when there's a heavy regulation put in it. Being less sensitive to something doesn't really mean it will become less volatile. What makes Bitcoin volatile is that most investors treats it as an individual investment with no limit. There's no rule to it and they can invest and do what ever they want with it. That drives the price. Even if we reach $1,000,000 price or the people accepts it, it will still be volatile.