We think that only whales and instutions will stay play with btc as its boring.
No innovation no moves i mean price moves.
Retail trader not here for stability we are here for huge gains if btc dont give that im sure many people will leave btc and even eth.
Those who got a lot money can wait 5 years and can speak about blockchain development and how nice it will be we the retail traders are here only to see moves.
Right now even if btc will make moves 20% up or down...its really nothing.
If anything can give us 100%-10000% price volatility then im sure grayscale whales and wall street will stay alone with their bitcoins.
And if the grayscale and wall street instutions like CME and those kind of white collars dont put the efforts in then im sure retail will find something better to play with.
It's very ironic when people get stuck in a paradox of wanting Bitcoin to be successful and also want high volatility. When people say they want volatility in this context, it seems they just want the price to keep moving up so they get richer, but it's not necessarily good for the longer term existence of cryptocurrency. A stable currency is useful, it allows people to understand item pricing and they can make easy comparisons day to day. If a currency is swinging 10% up or down all the time then you lose the ability to quickly gauge the value of what you're buying - you essentially go back to comparing it against a fiat currency equivalent, which just adds more layers and slows down the whole buying process.