Bitcoin has remained in the spotlight with financiers around the world since it entered virtual circulation in 2009. Is Bitcoin really the currency of the future?

Lets try to understand this in more detail. Throughout the period of its existence, it has experienced ups and downs, and the ups were colossal: 1 Bitcoin had the equivalent of a few cents to 1000 dollars.

At the moment (05/01/2016), the rate of 1 Bitcoin is $ 452.56. What will happen to Bitcoin, what is its future fate? There is no definite answer, but if you listen to the opinion of experts and take a close look at the behavior of potential investors, it can be allowed to further strengthen.

 

Who is behind Bitcoin?

Many companies support Bitcoin. For example, the notorious Bitnet Technologies plans to launch a platform for integrating this currency into virtual stores. Confident in the viability of Bitcoin for the future, this Irish investment company raised $ 14.5 million in venture capital.

Proof that Bitcoin may be in an even more advantageous position in the future is the result of the use of this cryptocurrency by the American company Overstock. Its leader, Patrick Byrne, has integrated Bitcoin into his firms payment system. At first glance, this was a risky move. But very soon, along with the ability to pay with Bitcoins, thousands of new customers were attracted.

An experienced retailer is confident in the brightest forecasts for cryptocurrency. Byrne assumes that within 10 years this digital currency will maintain and increase its popularity not only in the virtual world. It should be expected that Bitcoin will go beyond the framework allotted to it and will play an important role in the global financial segment, becoming the main monetary unit on a global scale.

 

Japan as always sane

Surprisingly, it is true that Japan also agrees to accept Bitcoin as the currency of the future. Just think, despite the case of the bankruptcy of the Japanese exchange, which lost 800 thousand Bitcoins, the Japanese authorities do not remove from the accounts the real use of virtual money. The Japanese government has decided to study the cryptocurrency market more deeply and identify a more specific interaction with digital money. If the law on the legalization of Bitcoin is approved in 2016, Japan will open an account in the list of countries where the digital currency will be equal in status to other types of money used in this state: the Japanese yen and the American dollar.

Hard fate

How many attacks digital currency has come under! From all sides they tried to discredit it, calling it a financial pyramid, a senseless experiment. When asked what would happen to Bitcoin, they rushed to answer that it is absolutely hopeless. But everything new is “born in pain,” something similar happened with the advent of the Internet. At that time, few believed that it was real to create a world-wide global systematized information system.

Despite the sown negativity, Bitcoin has a future, and doubting this is as senseless as it was in vain to disagree with the creation of the World Wide Web. At the very beginning of its inception, there were also failures, falls and miscalculations. Like many complex information technologies, Bitcoin is now going through a difficult period, which it is too early to call its formation. But to deny that he has a future would be a clear mistake.

 

The indisputable facts of Bitcoins viability

It is worth starting with the number of users and the transactions made. Their growth does not stop. You cannot name a single period so that it stops or decreases. In addition, another point is the increase in the number of companies that introduce this cryptocurrency into the list of payment systems.

The owners of virtual coins have additional opportunities to use them to pay for the purchase of goods or pay for services, and they are expanding every day. How, after all this, it can be argued that Bitcoin is not the currency of the future. Well-known companies such as: Purse, ChangeTip and ZapChain accept Bitcoins as payment for goods, and ChangeTip grants the right to carry out micro-transactions.

The appearance in everyday use of a huge number of mobile devices equipped with Internet communications allows more and more people to get acquainted with the cryptocurrency. It is most attractive to busy people who value every minute. As you know, making mobile payments with Bitcoins is very fast, almost instantaneous. This will serve to further popularize the digital currency.

It is impossible to tell right away what exactly will happen to Bitcoin in the near and long term. But the obvious tendency towards its development and strengthening cannot be denied.

 

Bitcoin "uncut"

If you want to convince someone of something, you should not lie. It is better to tell the truth without embellishment, to admit all the shortcomings, while focusing on the positive aspects. Yes, Bitcoin has undergone high volatility, there have been price crashes, and they may be in the future; yes, the security system is not yet completely reliable; yes, there are still not enough opportunities to use it. But for all its shortcomings, it was and remains a living virtual currency.

If forecast for the near future, this digital currency could be the subject of profitable trades in the Forex market.

In the more distant future, Bitcoin can be used for investment. But since there is no real basis for certainty, but the expected change in the course is very tempting, it is still worth investing in its development. But just be prudent with the amount of deposits. Tips from wise investors: Invest so much that you dont regret losing.

Summing up the discussion about the fate of Bitcoin, we can say that this cryptocurrency is worthy of the attention of not only a private user, but also a potential investor. All the advantages and trends for further strengthening are obvious. If nothing else is taken into account, then Bitcoin has a prospect, and it is quite comforting. But there is one problem - this is the relationship with government agencies.

She is far from being favored everywhere as in Japan. After all, Bitcoin is the exact opposite of national currencies. The worst thing that can happen is the establishment of control over this monetary system. If this happens, it is possible that Bitcoins will not disappear, but it will be completely “wrong” Bitcoins