Re: Would you be satisfied with steady, gradual rise of BTC price?
Steady and gradual will NEVER happen with crypto though it would be preferable in many ways.
Never say never 
Birth is not a smooth process. It's a series of contractions. That's what's happening here too.
That's a nice analogy and I tend to agree with you, however bitcoin is 10 now, don't you think the labour part is long over?Sure, in comparison to other, classic assets being 10 is like being 0.1 however a day of birth is also a bad representation.
Maybe this is exactly what we are getting here, following the kid analogy, crypto is becoming a teenager and as such it "decides" its place in life? Still long way to go, I hope and stabilisation is not excluded. It may happen.
This process will level out when enough people have gotten involved. It's still a fraction of the potential userbase involved now.
The bones of the internet got started in the 1950s. It was still thought of as deeply silly 40 years later. When you include money and the innate conservatism of people when it comes to money 10 years is still early days.