Malaysia is trying to use block chain technology in three of their main largest industries the Malayasian government hopes that  Block chain technology will help to boost the country's economy .With the aim of  safeguarding the public  interest the university of Malaya has launched  its Block chain regulatory research report .

 We can hope for Bitcoin to recover on 2019 in  the year 2017 Bitcoin price was skyrocketing rapidly with an unimaginable hike and by 2018 Bitcoin price came as a bubble that is going to burst . Since Bitcoin has the potential for decentralized digital peer to peer currency it can regain back to a hike and there seems many possibilities in Bitcoin by the coming year . Since Bitcoin is driven with several financial speculation there is scope for a rise in value .

  The introduction of Bitcoin by an unknown person or the person who doesn't like to reveal his identity created it as a digital  and electronic cash system  and a peer to peer system of transaction without a third party involvement . Not all the world can make crypto capable to make the world digital only the place where they are capable to maintain good Internet without any interceptions can  make the world go digital .

 This is a good news to hear that Philippines starting to accept and adopt Cryptocurrency and it is a good news to all users in Bitcoin . It is great to know that the government is allowing the natives to adopt cryptocurrencey and  so other more countries may also come forward accepting cryptocurrency .

 To my opinion Crypto is created or introduced as  a decentralized one now a days most of the thing to become viral is through some social media's that is by face book , whats app .and you tube then how can that be a decentralized one ? it would be a centralized one since the identity is revealed through these media's . There is no matter of going viral for Bitcoin the only way to be viral depends upon the price of the Bitcoin if the price have hiked like previous year then it will naturally go viral .

 Both Bitcoin and Blockchain will go together since Blockchain technology was the greatest revolutionary invention for the decentralized digital currency that is Bitcoin .With the Blockchain technology there will be no manipulations created blockchain technology gives security since Bitcoin is mostly suspected that it will sustain or not we can conclude that Blockchain will survive in long run  for the time been ..

  Bitcoin is for the people it helps to grow up  new generations to over come their frustrations  caused due to the political  unrest and unemployment situations of the present day . Bitcoin is a decentralized currency that there is no influence of a third party for the transactions of bitcoin .

  Nobody can regulate digital currencies since they are decentralized one so it is difficult to regulate the government can regulate centralized projects because there is no KYC in decentralized one. Though some governments are trying to regulate the flow of cryptocurrency it is not practical.

     To my point of view Government should implement blockchain technology to prevent corruption. Blockchain technology advances have made it possible to increase the possibilities of transparency of public financing to reduce corruption. The adoption of cryptocurrency ensures that transactions are secure since the blockchain is a public ledger of all cryptocurrency transaction are reachable and can be used to track all transactions .

          The continuous decrease in price causes fear in the mind of people who trust only in Bitcoin and when the price rise people rush towards for greed and they sell when the price depreciates because of fear. This fear and greed controls the financial markets as in stock market also .there may be ups and downs in all field especially in financial institutions so to me psychological fear also dominates the market.

      There has been several happenings in cryptocurrency market the price has dropped from all time high there has been losses in value ..Bitcoin had a terrible start this year the digital currency  have plunged i think that this year will be a challenge from Bitcoin those who are strong will stay and those who are weak may leave and this may be the option for the future to determine .I think that we should be happy with the current situation .

             There are several countries already  legalized crytocurrencies Germany was the first country to accept to recognize Bitcoin as private money . Legalization of cryptocurrency in  a country is still having debate and a lot of people oppose it since only a few benefits from it and are aware of the new technology .  Now Japan is well in cryptocurrency investments and every people in their country are enjoying wealth that is the reason why  Bitcoin is to be legalised all over .

 Spending time in Bitcoin is profitable and good for the future involvement of Bitcoin . Bitcoin is a global financial system that can be transacted and used in the globe . We spend time in Bitcoin to gather more knowledge about Bitcoin and the future of Bitcoin. Most of the people finds Bitcoin as their additional income that is why they are spending time in  it to gather information to improve ideas and it may be not a waste of time even if they do not  earn much .

 The most crypto friendly countries are Japan ,Sweden, Venezuela, Estonia, Germany, United states, Canada, United kingdom,Zimbabwe,  Russia etc  and the crypto unfriendly countries are South korea,,France,China, Algeria etc; Japan has shown strong support for blockchain .Swedish government is the first to issue its own central bank cryptocurrency . Venezuela is leading the charge for mass adoption of crypto's .  The crypto unfriendly countries are South Korea,France.China,Algeria etc.South korea has traded high volumes of cryptocurrency before the crackdown .

        According to my concept we can hope that banks accepts Bitcoin since the new technology development of crypto world . Due to the new technology the future of Bitcoin is  becoming bright  and. Blockchain is going to be the digital bank . Bitcoin is a digital decentralized currency in which the transactions take place a peer to peer transfer without any third party or bank . To ensure the authenticity and to prevent fraud Bitcoin transactions are verified using cryptography .

         To my concept I don't think that it is most important for the approval of ETF before Bitcoin price increase . But to me it will be a positive affect  in the  Bitcoin market if ETF is approved we can see the market  cap over taking previous years price very easily . I don't think that approval of ETF is a must for Bitcoin price to increase people give much importance even though it is worthless for these kind of news but if it is accepted that will be a positive effect .

   Bitconnect was an exchange and an open source Bitcoin based cryptocurrency it was one of the most successful cryptocurrencies  by price until the beginning of  the year 2018 . It became unfamous when the Thailand conference appeared in you tube displaying an unreal behaviors from a guest speaker and after that the exchange collapsed . The Bitconnect coin was among the top 20 successful cryptocurrency tokens now the Bitconnect is saying that it has come under cyber attack .

  To my view I think the worst case scenario for Bitcoin may be this year that is 2018 we have  seen signs of risk taking in the market .We have also seen Bitcoin recovering rapidly and it also shows an upward trend . Hackers can wreak havoc on the Bitcoin market a failure,theft, of major exchange can lead to a confidence in Bitcoin . The regulations led by the government could cause tougher on the Bitcoin industry .

          Fiat currency is centralized one that is controlled by the government and it is a legal currency . Cryptocurrency is a decentralized currency and is not controlled by a third party influence or any government and it is not accepted as a legal currency . In fiat currency the government decides how much currencies to be circulated and in cryptocurrency  everyone has the same right and this is done in internet . Today there is no currencies backing with gold only ink printed papers Cryptocurrency is a global free system using blockchain technology .

  The cryptocurrency community is waiting for the approval of ETF , It is because if it is approved there will be more buyers and that would help in the struggling prices . Blockchain technology has increased in popularity due to the unparalleled  cryptocurrency rally . I think that most of the people are not bothered about the regulations in Bitcoin they are considering only about the price and trying the maximum to make profit out of Bitcoin .   those who are holding their breath for an ETF approval means they wish that this will hike the value of Bitcoin more than they imagin