The biggest risk is not what's happening to BTSX but BTC. If BTC goes to 100's (or lower), we will be back to arguing whether crypto has any "intrinsic value" at all and why it's different from tulip bulbs. We might be able to hold BTC/BTS(X) at some support level close to the current price, but USD/BTS(X) goes much lower I think.
That discussion is long over. The mainstream media has already decided that "blockchain tech has lots of value", but bitcoin doesn't necessarily have any. I think that a "stable" bitcoin (bitUSD) is exactly the kind of stuff that ordinary people will likely understand HAS tremendous value, especially since they'll attribute bitcoins death to "not being backed by anything".
"It's like cash with no chargebacks, middlemen, identification or hidden fees, but you can send it instantly over the internet to anyone". This marketing pitch has always worked at getting attention and having people understand its value proposition instantly. With bitcoin my experience is that average people react positively to the cash metaphor, then balk when they realize it swings in value, after which they decide that it's not "a real currency" and it's all just a ponzi.
I think the demise of bitcoin will be a great advantage for us, because those people who understand that the blockchain is an insanely powerful invention will be looking very actively for its next big incarnation.