Do you think when time comes for crypto coin's mass adoption comes, prices of coins will stabilize?
Ah! It's hard if we ever reach that position. There are basically two reasons for that:
1. Potential: Currently cryptocurrencies are being used (real people who invested or using cryptocurrencies in any mean) by hardly 0.4-0.5% world's population. It is too low to what called 'Mass Adoption'. Even if adoption increases at the rate of 1% per annum, it would take 60-70 years to reach stage of mass adoption. Also we generally consider that stability increases with adoption but 'Stability' and 'Mass Adoption' graph is inversely related in early stage. So until we reach 10%+, volatility will increase with adoption.
2. Decentralization: Everyone is free to create his own coin. So we seeing flood of cryptocurrencies in 2016, 17 and trend will continue in coming years too. Therefore it is hard to believe that all coins achieve stability. Most of them will remain volatile.
volatile in good range is normal.. just look at forex exchange
it still volatile but in acceptable number
No doubt, I am supporter of Bitcoin's volatility. Moreover, it is only due to Bitcoin's huge fluctuations that people are attracted towards it in that big number. But OP was asking about the possibility of stabilization and I have answer according to that point of view.
Yes, you are right. Excess of everything is bad. Volatility should be in acceptable range so to make crypto investment more serious.
