A scam is probably not a suitable term for Bitcoin - there is no dishonest scheme with malicious intent from those who are behind the technology.

I don't think Bitcoin will collapse, but rather will lose its popularity. Now, Bitcoin is more of an asset than a currency, like a collectible. It is worth what other people are willing to pay for it. Like Beanie babies or fine art.

It has fundamental issues that make it difficult to be adapted as currency (those "issues" are seen as "advantages" by many). If Bitcoin proves difficult to be adopted by a large portion of population, it will start dwindling down until forgotten by most.

It will still be used for transactions that people want to keep hidden from the authorities. I'd speculate this will happen in 10-15 years.