Post
Topic
Board Bitcoin Discussion
Re: Will the price be stable?
by
Michellekking
on 29/03/2018, 23:10:43 UTC
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?
I don't think the price of bitcoin will settle down. Now that bitcoin is being used as an investment commodity, people are buying and selling it at any time, and its price varies with supply and demand, so its price is unstable.