I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?
Nothing can be done at the moment because we are still in the early stage of adoption. Anything, not only Bitcoin, can't be stable at this stage. We need much more Bitcoin users, 20 times more than that what we have today, who are willing to buy cheap coins when the price goes down. Only this way the impact of huge dumps can be mitigated to almost unnoticeable. Meanwhile, there's nothing wrong with the current instability, but many of the newcomers fail to grasp that unfortunately.
