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?
The price will only get stable as more people join in, and more money gets into the market. That's why I think ETFs and every other means that could bring institutional investors are a good thing for bitcoin, even though they probably don't care about bitcoin potencial, and are coming in just for the trading opportunities. If we get a lot of liquidity, it will be much harder for one person or a group of individuals to change the market, so BTC will get more stable.