I hope that once the altcoin market stabilizes and reaches an important volume of capitalization, we will reach a stage of remarkable stability in which the price of bitcoin could behave in a relatively similar way to that of conventional currencies tend to behave, presenting prolonged economic cycles of bullish and bearish markets.
However, I think we are still a long way from achieving a consolidation in the market, so I think we have to learn how to deal with this high volatility for several years, but in general terms I think that at least during the next five years the market will continue in a permanent rise with some important corrections.
However, I think we are still a long way from achieving a consolidation in the market, so I think we have to learn how to deal with this high volatility for several years, but in general terms I think that at least during the next five years the market will continue in a permanent rise with some important corrections.
Yes. We are a very long way from market stabilization. Stabilization requires a maturing of the market, which requires the user adoption to get near the top of the S-curve, but right now it is still just at the launching point up the spine of that S-curve. It's possible in about 5 years we could start to see the market stabilize a bit after a few more booms in price/adoption. We're probably on the order of 30x away from price stabilization.
