Ruble need a couple of years to loose it majority of his value against dollar but have you checked the BTC price it can go upto 1000+ and can come back to 100 within a couple of months.
The market capitalization of bitcoin is still too small. It is still early stage of bitcoin. When bitcoin reaches the market capitalization of 1000 bn, the value will be very stable.
It will be stable even at 100 billion, or when more people will use it. Right now the big players are manipulating the market, once the distributioni s more even, it will have less volatility.
Distribution will never be more even because big time whales will not allow that. Market manipulation will never end.
Don't be so sure about it. Once big whales with different motives join the game, there will be a war of whales. Big capital vs big capital makes the manipulation way harder than it is now. Big capital, vs big capital, vs millions of small time investors, make it even harder. In the future, the majority of Bitcoin accounts will have less than 1 BTC, all of this market noise and constant worldwide transactions will make manipulation harder. Of course we are still on the early days, by then most people here will be retired if they held a decent amount.
Exactly, competition = decentralization.
The true art of capitalism
Its only when you have a keynesianist printed money market that is distorted, where you have market manipulation.
A true free market will bring competition, and competititon brings decentralization.