Bitcoin in reality

Cryptocurrency has its own world where there are so many risk crypto is not like a company is more like commodities like petrol gold and other things which we use in our life and close her necessary for us same is with Bitcoin that Bitcoin has now become important things for all of us because every person is dreaming to buy a bitcoin are to have a bitcoin because people are thinking that Bitcoin is the next currency .

What is actually Bitcoin ?

Two different points one or fundamental points which are not much complicated and other is macro perspective of Bitcoin points are easy to understand but macro with sounds easy but it is somehow difficult the game of Bitcoin is like playing with the cards so many people who know how to play card they can enter in the market but the people who are unable to play they couldn't enter this market of cryptocurrency. Fundamental means basic and it is necessary for beginners who are interested in Bitcoin and wanted to know that what is actually Bitcoin and how it is working and what makes Bitcoin different from others what makes Bitcoin unique!!!

I am not pro expert but I try my best to convey my thoughts regarding Bitcoin and I will try to justify my points

Fasting about which we have to go through finding the reality of Bitcoin is blockchain data.

Blockchain data:-

Blockchain beta refers to the transaction volume and this volume is measurement how many people are using this technology rather speculating about Bitcoin and cryptocurrencies there is a graph on which we can see changes over the time we see that transaction volume grow if you click on volume there you can see a graph representing the value from 2019 when Bitcoin was introduced till now in 2022 this tells aspect that Bitcoin is real and so many people are using this this currency so it is a fact that Bitcoin exist.

2-wallet address :-

The second thing which gain our trust regarding Bitcoin is its unique valid address whenever the user make his account on different cryptocurrency market app then they give you valid address actually address is different from other there for it is called unique why it is unique you can say that there network security transaction volume, brand loyalty , history and trust that could not be copied by anyone else

We talk about the business products than the Bitcoin is a great product in itself there hasrates is very higher dial to their uses their customers they transaction value also shows that their currency is using world wide with great number there is trillion of data which is saved in Bitcoin but it is saved and no one could copy it , it shows that Bitcoin has greater security and grip over their whole system and it can't be copied . As Bitcoin started from 2009 and it starts buying the trust of users who are spreading all over the world who were working on it from it's initial days and till now they are linked up and making the whole journey of Bitcoin more prominent as compare to other coins so we can say that the trust of people and the history of Bitcoin makes it unique and it makes it to shine like a moon in between all other tokens and coins that is the reason Bitcoin always stand out and remain on number coin worldwide cryptocurrency .

What makes Bitcoin save to invest?

As I talked earlier about the security system of Bitcoin that it the most secure cryptocurrency that no one can beat the level of Bitcoin . The hasrate of Bitcoin makes it save platform and it urges the traders to invest , the hasrate is the competing power of any currency as you all know and familiar that the hasrate of Bitcoin is higher among every coin . If we think that there are roughly 42million rich people in the world who could buy and can invest in Bitcoin so there should be 21million maximum supply of Bitcoin all over the world 🌍. The question which rises here is about who are the miners so let me clear that the Bitcoin sign an assignment to complete in the reward of which people enjoy their luck and they might sometimes gifted by Bitcoin amount in their wallets .These all things makes Bitcoin a save edge to invest into.

• Over the last years the hasrate has been increased immensely and exceptionally .it never goes down to it's initial condition which was started from 2009 .

• The hasrate of Bitcoin which is recorded is 151 terahasrate per second it means that Bitcoin gives 151 trillion calculation in just one second which is unbelievable for human mind but it is happening in crypto world

Broad macro perspective :-

When we observe the basic technology in our daily life routine then we end up with the result that every technology follow up the same route follow the same graph of adoption which is S curve

According to S Curve there is first fall means slow adoption then high and again slow and this process always moves in a cyclic form some example of different technology like automobile which took 80 years for full adoption from all the people telephone took 50 year for its full adoption refrigerator took 25 years for its complete introduction and internet to 20 years to become fruitful among the users the report is from UN reports

In case of Bitcoin the theory fails because the Bitcoin spread so faster as compared to the other platform like internet because at the time of Bitcoin people have access to YouTube Instagram Facebook Twitter telegram etc and people got to know soon after the launch of Bitcoin and they were showing their interest into it people also waiting to buy with coin and they also want to be successful through Bitcoin the always remain curious about Bitcoin

Bitcoin is marking the history and becoming popular as the days are going on . If we see the transaction volume of last year 2020 we got to know that there was sudden improvement in Bitcoin market and the transaction volume of BTC was one trillion dollars which was immensely significant and it is making it real at Bitcoin is the highest currency in the world not even a single currency has the power to come in tussle with Bitcoin because Bitcoin has its own level which it has achieved through years and it has its own story . 2020 transaction is more than pay pal and Apple company.

What are the catalysts in Bitcoin value :-

Another question which always remain in the mind of people that how the amount of BTC rises and it falls mean to say what is the strategy behind Bitcoin rise so the simple answer is just catalyst these are the catalyst which turning the Bitcoin into fluctuations and Bitcoin at the one minute it is higher and in the next moment it is lower. There is BTC ETF it means not buying of BTC directly it also work as a catalyst for Bitcoin and it helps to rising the value of Bitcoin

The second catalyst is Bank payment most of the countries are thinking and I am making law for legislation of Bitcoin and they also want to introduce the Bitcoin as a payment currency in their countries and they are making comfortable there Nation to buy Bitcoin it is also always and for Bitcoin value raising up .

If we take an overview of the whole graph of Bitcoin from its beginning to the recent age then we got to know that it follow a logarithm

With the every coming day with the every coming moment it has a new value and it follow up a certain pattern and the people who are following the Bitcoin from so many time they could predict the value of Bitcoin.

Conclusion :-

At the end of my article I just want to say that Bitcoin is masterpiece in itself it has its own rules on regulations it is just a masterpiece which could not be replaced .

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