Curious - Is that really due to bitcoin stabilizing or is it because of the deflationary nature of bitcoin? I mean if bitcoin does have some promise, then holding is better than trying to trade in and out of it.
I also went through the quoted link on volatility: http://woobull.com/bitcoin-volatility-will-match-major-fiat-...
One of the things holding cryptocurrencies back is that there is lot of misinformation. Specially in form of articles written without understanding financial fundamentals. It excites the crowd but the takeaways are mostly nonsense. This article is also along the same lines.
There is no concept called "peak volatility" as highlighted in the conclusion. There is only volatility.
Volatility is a statistical measure of the dispersion of returns for a given security or market index. Volatility can either be measured by using the standard deviation or variance between returns from that same security or market index. Commonly, the higher the volatility, the riskier the security. (from: http://www.investopedia.com/terms/v/volatility.asp)
There is average volatility which is a measure of volatility across a >particular period<. In most cases, if I have a data point for say July 2016, the data point will actually be "average volatility" of all July price movements.
And that makes the 2nd graph even more confusing. What is the average volatility is being talked about here? Is it the rolling average of the average of data points or something else? This is so confusing.