yes i've pulled this theory out of my ass.. but i stand by it.
LoL !
I know what you're saying - as the marketcap increases the volatility gets less which is true in relative terms. However, the stakes just change as it gets bigger.
A 1% short term move in the gold market is considered huge volatility.
For me, short term target for bitcoin is monetary asset markets, not retail adoption. In other words if it could capture 5% of the gold market that would be a massive thing and not unrealistic either because Bitcoin can probably service that market far more efficiently than gold can. Thats what people should be thinking - forget B.S. about Amazon accepting bitcoin or anything. Thats not not going to happen and even if it did would make zip difference to the marketcap.