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?
Yes, price dumps and pumps are just part of bitcoin's nature. These fluctuations in value are caused by different factors in the market. From time to time there are a lot of price surges but we all know that bitcoin have a stable market thus we are sure that bitcoins price will become stable after some time. But personally, bitcoin's price for me will never be stable. Due to its volatility, it will experience changes in value frome time to time. As the production of bitcoin stopped, it will probably increase its value as the demand for it increases too.