The image of bitcoin held by some media and government as a tool to fund terrorism and boost money laundering is not a valid reasoning. Bitcoin is a tool and if it were not bitcoin, it would have been something else. And about it's other image as a sure shot way to profit, I personally believe bitcoin is inflated much more than it's price and is still a large bubble. Though that hasn't stopped me from buying more cause I know the profit are more lucrative in comparison to the risk involved.
People themselves made Bitcoin a speculative asset, a bubble, which price is artificial overvaluation. However, this is the market, it cannot be rejected, just like the volatility of the coin