Ideally, the volatility of Bitcoin should decrease as more and more people adopt it. But I have my doubts as well. Yes, there is definitely a question with a less volatile Bitcoin. Will Bitcoin become a more widely utilised medium of exchange or will it remain a haven for traders once it stabilises? I recognise that a lopsided ownership of Bitcoin may lead to price manipulation. Here, I agree with you. As for Bitcoin, I too find it difficult to think that it can ever achieve the same tranquil, stable condition as conventional currencies. There is definitely a rough road ahead. However, it's important to remember that obstacles challenge every new idea and technology. As we wait, let's observe
I do not see any significant reduction in Bitcoin price volatility even if there is a dramatic increase in adoption and use by people and businesses. As the liquidity of Bitcoin increases, its price will certainly increase, and the higher the price, the greater the amplitude of its price fluctuations becomes, that is, its volatility increases.
Decentralized cryptocurrency is based on the lack of price regulation and this is the root cause of its high price volatility. Refuse free pricing for cryptocurrency
is impossible, which means its high price volatility will continue. This indicator may vary only slightly depending on the specific characteristics of market conditions. But so far no one can give an exact answer to this question.