Correct. It will stabilize in time without any kinds of regulations and by then the price will be much higher (and people who sold in the current price range or even lower will feel rather stupid).
So you believe bitcoin will get stable at some point just by itself? I don't think so, imagine the US gov saying "all crypto is illegal" - market will sure react to such a bomb even after 10 years of succesful adoption.
When there will be enough users it will not react much. yes it will but that will be few %. Market always react, but when is stable is barely noticed.