My point of view Bitcoin is an electronic asset with the specific features such as a decentralized one, anonymous, its all transactions are recorded in an electronic ledger with block chain technology.Bitcoin has a strong network systems with the modern technology .Bitcoin has just started its way from the bearish bottom to upwards the bullish level.Shortly the bitcoin market will move to a considerable level upwards. The future of bitcoin is very bright and promising since the vast majority of the global community is going to utilize the different benefit of he bitcoin and hence its price can shoot up to any heights.
Yes, bitcoin is being treated as electronic asset rather than electronic cash. Bitcoin futures contract had a good effect in December 2017 when bitcoin hit 20K but later there are so much manipulation in bitcoin futures market that bitcoin is unable to get fully stable on high prices and its struggle to finds its way up from 7K+ or so.
