Earlier quoted context omitted.
How would volatility decrease in case of mass adoption?
When Bitcoin was $10 a $1 move in price was a 10% change. When Bitcoin was $100 then a $1 move in price was a 1% change. When Bitcoin was $1000 then a $1 move in price was a 0.1% change. If Bitcoin gets mass adoption then the price per Bitcoin could be $50,000 (assume $1 trillion market cap) or higher. At that point a $1 market movement would be a 0.002% change. To get the same 10% movement as at $100 would require a…
yeah, but why is $5,000 less likely. Is there some fundamental reason?