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?
No. It bitcoin would not be stabilized forever. It is because it is so volatile where the value is determined by certain factors or those things that is happening in the market.