It was really volatile until people figured out what it was but it's no worse or better than any other currency. Try owning any random currency during government unrest. It's "collapsed" to all of ~$350. Which is still worth more than your Zimbabwe dollars.
Why the hell would you own a "random currency during government unrest"?
That seems like very low bar to compare yourself with.
According to coindesk the BTC value during the last 12 months has varied from approximately $210 to $450, or somewhere around 100% "volatility".
Compare to Euros, 1.05-1.15
China CNY, 0.15-0.16
Japan JPY, 0.0080-0.0086
UK GBP, 1.41-1.58
They are all in the region of 10%
That makes the BTC look like it is still pretty damn volatile.