Demand and supply of anything causes its price to fluctuate and makes that currency volatile. Now if the demand is affected by say for example a country bans bitcoin completely, that'll affect the demand and demand will decrease resulting in decrease in price of bitcoin and say a country legalized bitcoin and allowed mining too (like Russia did) that helps the supply increase and people there also start demanding it and thats what increases the price.
And one of the reasons for bitcoin to exist was that each individual has total control over his money and by making a maturity date might just ruin that reason. So it is just fine as it is doing now. And all we can do is hope that it does better in the coming future!
Yes, one of the reason affects in the market price is the demand and supply. It was taught in economics during high school days and I think it is also what cryptocurrency looks like. The scarce supply of coin and the demand makes them volatile. And one of the reasons for bitcoin to exist was that each individual has total control over his money and by making a maturity date might just ruin that reason. So it is just fine as it is doing now. And all we can do is hope that it does better in the coming future!
