As compared to cryptocurrency market, the prices of stocks in stock market are quite stable. Unlike various altcoins, they do not suddenly increase or decrease (pump or dump) with 30-40% in a day. Is this because less people are into crypto market and the cryptocurrency prices are controlled by those who have ample amount of coins?
So, will mass adoption stabalize the prices of Bitcoin and altcoins?
Because it is not difficult to move prices in market which marketcap is 140 billion. So, the actual factor is value. In addition, crypto is far away from attention, so it is ease for whales to pump-dump prices. E.g, in money pairs if anyone wants to influence market, likely will be punished by ''huge powers''.
Yes, mass adoption will cause it to become more stable over time, though not suddenly.