When will Bitcoin’s price stabilize?

Various factors contribute to Bitcoin’s price volatility, and unfortunately, this uncertainty and variation in price will exist as long as these factors are still in place.

One of the primary reasons that Bitcoin’s price is consistently inconsistent is limited availability. Simply put: we don’t have enough coins in circulation, making Bitcoin vulnerable to liquidity problems.

The total value of Bitcoin currently in use today is approximately US$60 billion. While that might seem like a lot at first glance, to give you a comparison, the amount of conventional currencies (i.e. non-cryptocurrencies) currently in circulation is several trillion dollars. The lack of liquidity means that if one investor purchases or sells many Bitcoins at once, that one person has the power to destabilize the entire market, making the overall price drop or increase accordingly.

How…