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RE: Leading German TV Channel Broadcasting About Bitcoin: "It's Not Longer A Hype Only Speculators Are Interested In. Now The Established Financial Industries Are Entering The Crypto Market."
we are still not even close to be in "stage 3", where general public jumps in.
I guess general public won't jump in being the price completely volatile. If BTC is supposed to become a real exchange medium, it needs to be more stable in prices.
Unless people feel forced and want to bring their money to safety. Then they might use Bitcoin just as a store of value for the time being (that's what i do). As a means of exchange, other currencies might prove better in the transition phase or even long run. Bitcoin has still has a long way of development ahead. It's not even a teenager yet... ;)