Every currency has its own qualities that is why they survive for years. Currencies like Gold, fiat have some good qualities that is why they are still here even after hundreds of years. Digital currencies will rule the world in future, but however it does not mean that all other currencies will get vanished. They will remain there, but world will be dominated by digital currencies like bitcoin or any other currency. Thoough bitcoin has crossed $ 19000 mark it has not reached all parts of the world.  It have many drawbacks, many countries regulated it or some have banned bitcoin`s operations completely. Bitcoin has potential to rule the currency market but only after regulations.

Since November 2017 bitcoin price is rising constantly. But from December it shown sudden and unexpected rise. Which surprised many crypto experts as well as currency experts all over the world?  And discussion on “Bitcoinis a Bubble or not” started. Many governments warned their citizens against use or investment in Bitcoin. Many governments put regulations on bitcoins some governments going one step ahead banned bitcoin completely. According to them bitcoin is still new concept, it will take time to settle in world economy, such sudden rise in price create doubt in the minds of traditional investors, so they name it as bubble. Being a decentralised currency no one there to defend bitcoin.

All government taxes all currency trading. Governments run on taxes. Korean government is collecting taxes on bitcoin income, but it does not accepting bitcoin as mainstream currency.  In a statement Korean government said “it will consider taxing capital gains from trading of virtual coins and will also ban minors from opening accounts on exchanges, according to a statement obtained by Reuters ahead of its official release”.  Income has nothing to do with source of income. In india bicoin is not officially legalised by the government but government is considering bitcoin income as Capital gain & collecting taxes thereupon. Same is the case in USA. Taxes are the main source of income for any government they will never let it go.

Entrepreneurs are always in such currencies which will make their trade & transaction easy and less time consuming. Bitcoin is the best currency for such trades. Bitcoinis a digital cryptocurrency. It posses decentralised and peer to peer exchange method. Means between entrepreneurs and customers no third part interference is possible. Which is quiet beneficial for boths. Bitcoin wallet is used in settlement of any transaction so settlement time as well as settle charges are quiet less. All bitcoin transaction are verified and secured by its users/ miners protected by bitcoin`s own security system Blockchain. Which is an additional benefit for both customers and entrepreneurs.

Depends on your policy. If you want quick money in short period of time then bitcoin is the best option. But  today bitcoin is gone out of hands of common investors. If you already have investments in bitcoin currency and now you want to invest more than ethereum is the best option. Ethereum or all other altcoins are working under the shadow of bitcoin currency. So they have good future, it is the best option and time to invest in ethereum. One more option is there if you have earned a lot in bitcoin then you can divert your profit from bitcoin to altcoins like ethereum.

Bitcoin a mother cryptocurrency is dominating the currency market since its birth. All altcoins are somehow copies of bitcoins. Bitcoin has crossed $19000 mark but no altcoin is even 10% of its price. So why one will invest in altcoins. Why people have shifted from traditional currencies to bitcoin, because they were fed up of traditional currencies and their investments in banks. If anything like this will with bitcoins then and then only investors will shift their investments towards altcoins. But as earlier sail all altcoins works under shadow of bitcoin they have potentials to develop.

Gold is always better; it is one of the oldest currencies. Gold is the most liquid currency, accepted all over the world, from underdeveloped countries to developed countries. Gold is backed by central authority, so have less volatility compared to bitcoin. Gold has inherent value as; it can be used for accessories, jewellery, and electronics and even in medicines. Some people like tangible assets like gold, silver house property etc. so they don’t believe in digital assets but if you compare the return on investment ration bitcoinis the best.

Bitcoin is the first cryptocurrency introduced to the world. All Altcoins are more or less following bitcoin currency, they are like shadows of bitcoin currency. But bitcoin currencies are gone out of reach of new & common investors. So they are now diverting their attention to altcoins. For them many options are available. Litecoin is introduced in 2011 by Charlie Lee, a former Google employee. Currently its price is $327. Its showing constant increase since march 2017. It is a good option of investment foe new investors.

2018 will be an interesting year for bitcoin currency. 2009 to 2009 was a magical journey. Bitcoin have achieved all the predicted earlier than the due date. It has crossed $19500, hope it will cross $25000 mark in 2017. Bitcoin investors are expecting fatter returns in the coming year. Perhaps nearly 75% of investors plan to increase the size of their investments in bitcoin in the year 2018. Experts have stated  that regulation could help stabilize bitcoin’s price, but excessive regulation could conflict with its core principles and alienate some of its supporters. Many investors are against the regulations, according them it will it will affects bitcoins growth.

Bitcoin is world`s first cryptocurrency, It comes in digital format. It works on decentralised basis and peer to peer exchange system. So transaction takes place between two persons no third person can interfere in it. It has its own security system blockchain which is impossible to break or hack. As being a digital currency it can be exchanges in any part of the world. Transaction time and transaction charges are much less as compared to other tools. Bitcoin is not only a currency but it is good asset or investment. Its has started with price tag of $0 and now has crossed price of $18400. That why it is the most popular cryptocurrency.

Countries like Australia, Canada, USA are banning bitcoin currency in their economies due to security reasons. According to them digital cryptocurrency bitcoin is getting used in illegal activities like drug trafficking, money laundering and also in terror funding activities. Bitcoins decentralised status, peer to peer exchange system is becoming a big threat to these countries. Computer hackers are also using bitcoin money as a tool of ransom, ransomware attack is the best example of it.

Currently for investment bitcoin is the best option. Bitcoin is giving good returns on investment. But never put all your money in one currency or in one sector of economy. Invest your money in different investment options. Keep some money in banks so you can easily use them when ever required. Invest in SIP or in mutual funds, they give consistent income. Invest in tangible assets like house or in gold. Bitcoin is a good asset; you can invest for short term as well as for long term.

If you already have money in your bank accounts, then you can increase them by multiples. Invest them in bitcoins, you will definitely get far more returns you have ever imagined in very short period of time. Bitcoin has travelled from $700 to $17500 only in 365 days. If you don’t have that much money you can invest in Altcoins , these cryptcurrencies are the shadows of bitcoin currency. There are multiple types of cryptocurrencies. You can choose them as per your need and preferences. Bitcoin mining is yet another way of earning money from crypto currencies. Besides investing you can do signature campaign activity for bitcoin currency. Bitcoin is giving you money from all the ways, just choose the right way.

Cryptocrrencies are the latest currencies introduced in the currency world. They are still young and will take time to settle and mature. Cryptocurrencies are decentralised in nature so no one can control or manipulate them. They are controlled by its users and protected by its miners. They have their own security system blockchain which is quiet difficult to break and hack. Anyone with bitcoin wallet can transfer or receive funds from any part of country. Such transfer charges and transaction time is much less as compared to bank or any other mode of payment. Cryptocurrencies are not only currencies but are good assets. Bitcoin has proven this.

Ban on Bitcoin by China was a biggest shock to bitcoin community. Being a communist country China have supported bitcoin community from time to time. China was the biggest trader and bitcoin miner in the world. The revenue generated by chine`s miners were the highest one. Chine`s investors have setup biggest bitcoin mining farms due to cheap electricity & labour cost. This ban has resulted huge losses to these investors. Ban by China also benefited bitcoin a lot, the day this news came bitcoin prices fall sharply by 20%, but later they rolled back and now crossed $17500 mark. Even after this ban bitcoin investors all over the world has shown trust in bitcoin currency.

Unexpected and ever growing price of bitcoin attracting good as well as bad people.  Bitcoin is an autonomous decentralised, peer to peer operating currency as a result it is quiet difficult for authorities to find the sender as well as receiver. Many money laundering business communities, drug dealers  have started using bitcoin as a mode of payment. As a result countries like Australia, Japan, China, USA are banning or regulating bitcoins in their economies. Indonesia banned bitcoin completely as their central banks this bitcoin currency as a threat to their traditional currency. Indian central bank is also warning its citizens not to invest or trade in bitcoins.

Social networking options like facebook, youtube, instgram, twitter now becoming integral part of daily life. Social media have great influence on people. Bitcoin being a decentralised and autonomous currency bitcoin have no option to advertise itself; in fact no central authority is there to represent bitcoin on such social networking sites. If bitcoin community took initiative, these social networking tools will definitely help bitcoin to reach maximum people of the society. 

Bitcoins price is increasing only because of the huge difference between demand and supply. This is increasing volatility of bitcoin. Bitcoins price is increasing with such a pace that it is not within the limit of common man to invest in it. So it is the billionaires, who are pouring their money in bitcoins that is why its price is raising above $16000. News is also there that big financial institutes are also planning to invest in bitcoins. As a result price is likely to increase far more in near future.

Bitcoin has dominated the world crptocurrency market since its origin. Following steps of bitcoin currency many currencies get introduced among them is Litecoin. Charlie Lee, a former google employee started it. It  has not shown any significant growth or movement until April this year. With rise in the price of bitcoin, Litecoin`s price started showing movements and today it has reached around $300. Though it has many good features, this crypto is always remaining in the shadow of bitcoin.

If bitcoin dies then definitely people will lose interest from cryptocurrenct. But for a short span of time. People who have suffered heavy losses will no more trust altcoins or any other cryptocurrencies. But currency market traders will immediately shift their funds to altcoins or to any other quick money giving currency. Sooner or later a new currency will came into existence with new ideas, overcoming the disadvantages of bitcoin. It may not get popularity as bit of bitcoin, but if it have potentials it will survive.