Bitcoin is the first and most popular cryptocurrency in the world and which actually paved the way of many other altcoins and gave the rise of the blockchain technology. As bitcoin price is quite volatile, it is not recognized by most of the countries of the world, but few of them can accept its immense potentiality to be the first digital currency. This year bitcoin's price dropped a significant level comparing previous years, but the more stable it will get the most acceptance it will get in the future