The hashrate will continue to decline leading to a drop in difficulty.
Unless the community wakes up and starts to give at least 50% of its effort in integrating Bitcoin into payroll systems, we're going to see Bitcoin slowly fade away into the night. The only way to equalize the downward price pressure caused by the growth of BTC accepting merchants, is to pay people in Bitcoin.
I think global adoption is more important right now. If I was to be paid in BTC right now I'd be pretty pissed off since I would have to sell it for fiat to buy shopping, pay rent, pay bills ect...paying people a wage in BTC right now would just result in the same dumping, maybe be a bit less but not by much.