The Status of Bitcoin in The Future in The World

in #utopian-io6 years ago (edited)

Bitcoin is a virtual currency developed in 2009 by someone under the pseudonym of Satoshi Nakamoto. as time goes by when bitcoin is increasingly appreciated by society and because of the complexity of how to get it, so bitcoin is getting more expensive and reaching its peak of $ 19,500 on 17 December 2017.

with a very sophisticated system, Bitcoin using the Blockchain database is not controlled by a party, but is so open to the public that it is impossible for someone to forge transactions in Blockchain. Bitcoin is developed with the idealism that a good currency is not controlled by the government or central bank. so All transactions are recorded live, transparent, and spread to millions of servers in the world. and also limited Bitcoin S[[[[[upply there will be only 21 million Bitcoin worldwide.

This is what will make bitcoin one of the most desirable cryptocurrencies in the future.

bitcoin.jpg
Bitcoin

Analysis

A statement published by a news.bitcoin.com website on January 19, 2018 that wall streets will create a policy and control of bitcoin in the future.

wall street.jpg
wall street

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chart Bicon

Although the whole world today has such a problem with regulation of crytocurrency trade and its control, as it does in south korea and in some other countries in asia. bitcoin prices dropped by 50% ($ 9,600) from the highest price in December.

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South Korean

And today in coinmarketcap.com bitcoin has started to increase its price to $ 12,000 from the previous down to the price of $ 9.600.

charts.jpg

but, nowadays in some countries are beginning to get advancement on cryptocurrency regulation, and in south korea it seems to be making the policy of legalizing bitcoin and this will make other countries in asia will follow suit.

Then the future will be very wide open for the future of Bitcoin as a legitimate payment instrument around the world, and its time cryptocurrency has begun today to master this era of sophisticated technology.

Then there is nothing that makes us doubt for the future of Bitcoin, because bitcoin will rule the world we live in today.



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I agree with you

hehehe...
beu seuren aktif nyan bg..

Tip uroe aktif nyoe,,, hahahahaaa

for our country Indonesia is very difficult to allow for payment. here Bank Indonesia has issued a regulation to crack down on transactions with bitcoin.

No one can predict what's the future of Bitcoin and other altcoins but we can invest in these coins to get some profit.

But the blockchain technology is going to help many more technologies in payment solutions. I think there could be few coins which will be regulated but I don't know which coin that would be. Maybe Ripple, What do you think @alexandrya92?

I agree with your utopian ..I belive that your post. Thanks sharing outstanding post

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