Just wow. At what point do we seriously stop calling Bitcoin a volatile asset and reject anyone's claims that it is? This is pretty impressive already.
If the volatility would stay close to 1% for extended periods of time, I would already no longer consider it an excessively volatile/risky asset. This is approximately the value reached by gold or also most currencies (other than USD, Euro, CNY etc.), I have mentioned the BRL earlier in this thread as an example with a volatility close to gold's, and if we could reach this value BTC would begin to be usable as a currency.
It’s very unlikely in this time or even in a decade to come that we would find a stable Bitcoin that wouldn’t continue to spike every now and then. It’s what you would expect of a scarce commodity that follows no particular seasons but its own and it’s compliant completely to the laws of demand and supply. The quest for adoption would always spike its price to be more accommodating of the ever growing population on a global scale and on adoption bases.