Will bitcoin price ever cease to fluctuate so hard? I mean currently it seems as if it's fluctuating just because of the trends among people who believe that investing into bitcoin, given some time, is 100% profit. But what if the so called bubble would burst, shouldn't the price get more stable?
I would expect it to grow even more in the future because as more people are coming in, the more people are joining the "herd". It's not like a price dump and a price bump is controlled only by whales. They dump and then the herd is going to follow them. It's like their actions are going to followed by the sheeps of crypto. More players would mean that there would be more people trying to manipulate the market and there will be more whales in the future. Keep in mind that the mafias aren't in the game anymore as well as the government. It's only a couple of rich people are in the game yet so I would actually keep my faith tight on bitcoin's future.
When the "Bubble" has burst, the price would actually go down to nothing (or almost nothing) or really really low but that doesn't still mean that the price would get stable. This market is built by supply and demand and that will never become stable.