BTC can never be most valuable?

Bitcoin (BTC) is actually the pioneer cryptocurrency, many people think that it will maintain its dominance over a longer period of time. Recently, it has been pretty volatile. The downside potential is pretty significant as well. But gold on the other hand, the volatility in gold is also on the lower side. The performance of Bitcoin (BTC) in the last one month itself, it is fallen by 37%. For any cryptocurrency or Altcoin to become Gold, it should rise in a stable fashion and therefore, the downside risk should be limited as well. Even though, the scarcity aspect in Bitcoin (BTC) and gold are similar but due to its past performance, Bitcoin (BTC) cannot be considered as gold.