But that is _exactly_ what is the case with bitcoin. It by design has no mechanism to manage supply, so only thing that affects price is demand, and as demand v

But that is _exactly_ what is the case with bitcoin. It by design has no mechanism to manage supply, so only thing that affects price is demand, and as demand varies, there is volatility. So volatility _is_ intrinsic to bitcoin. (And to be clear, I do not mean volatility against other currencies, but volatility against your consumption basket, bread, butter etc.)