Quote from: afanase on February 21, 2018, 12:43:15 PM

Quote from: kjnfmplm on February 21, 2018, 11:44:56 AM

I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.

What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?

It will take 100 years or more from now till that happens. We will not be alive to see if prices are stable or not.

The volatility of Bitcoin is caused because the technologies are still at early ages and mainstream hasn't not yet able to well-understand the technologies Bitcoin. I believe the lack of maturity from the mainstream about Bitcoin make it's so volatile and prone to any negative sentiment such as FUD. I believe in the future when many people already been well-understood Bitcoin as boringly financial assets, the price will stabilize.