Ten years ago, on a beautiful October day, a virtual currency called Bitcoin was born under the creations of Satoshi Nakamoto. However, it was not until May 2010, when programmer Lalo Hanyecz changed 10,000 Bitcoins to get two pizza, this virtual currency was officially traded to buy things on the market.
Of course to this day, users can buy more than 2 pizza if they have 10,000 Bitcoins.
With the increase in Bitcoin, the use of this currency also increased rapidly. As of April 2011, Bitcoin's daily volume has reached $ 1 million, just over a year after two pizzas sold for 10,000 Bitcoins.
To date, the virtual currency market has grown stronger and much larger than it was 10 years ago. Even more types of virtual currency have been explored for use in different purposes. There are over 1,000 virtual currency trading platforms in the world, including Bitcoin, Ether, DogeCoin. The peak of the virtual currency boom is January 1, 1818, when the market value estimated by CoinMarketCap.com exceeds $ 835 billion.
Concerned that the virtual currency market is deflating as well as the risks they bring, policymakers have issued restrictive regulations, even banning circulation in some markets, The market value of this virtual currency evaporates around $ 600 million from the peak. It has been 10 years since Bitcoin was born, and it remains unclear whether virtual currencies like Bitcoin will become a new currency, a revolution in payments or a change in the global economy. Predict it or not.

The pre-coding trade is a new trend in the world and a Turkish club has been pioneered as the first club to use Bitcoin to buy players.
Harunustaspor is a semi-professional club in Turkey. Normally, no one is watching the activities of this club. However, recently Harunustaspor drew attention as the first club to buy players with Bitcoin. Bitcoin was born in 2009 and has become the most popular electronic money in the world.
Harunustaspor added 0.0525 Bitcoin plus 2,500 lira (Turkish money to hand over Omer Faruk Kiroglu to convince him to join the club.
Harunustaspor's president Haldun Sehit said of the deal: "We do that to build the club's name with the country and the world."
Kiroglu himself is proud of this deal: "It was the first time for me and for the world. As the president said, we did something new. We have opened up a new era. "

There are many similar factors that affect the change in value of other items that affect the price of Bitcoin. Because it is so new and different from other currencies, although many of these effects are exaggerated. Here are five key factors that affect the price of Bitcoin.
1 Supply and demand
2 Communications
3 Political change
4 Changes in Government Regulations
5 Changes in the rules of Bitcoin

The first Brazilian Bitcoin conference titled "I BitConf" took place in Florianópolis. This event has been very successful bringing people together from many states of Brazil and Argentina. BitConf is an initiative started by the Brazilian Facebook community and other Bitcoin group sites.
After the end of the first conference, the organizing committee organized two further events with larger scale. These conferences still focus on issues surrounding digital money and focus primarily on Brazil and Argentina. However, they also extend to other countries, such as the US, China and Russia.
The benefits of Bitcoin are becoming well known in Brazil, Argentina, Venezuela and Latin America. Many Latin American countries are suffering from a prolonged recession and rising inflation. In particular, Venezuela's inflation rate has reached 720% over the years and this is the same with its neighbors. Quite a lot of people from these areas now want to participate in the decentralized economy, Bitcoin.

Many believe that Latin American countries such as Brazil and Argentina are fertile ground for Bitcoin. Currently, both countries are witnessing an exponential increase in the use of Bitcoin. By the end of 2015, Bitpay saw significant growth across Latin America trading volumes above 1,747%. "Latin America is proving to be an extremely favorable environment for Bitcoin," Bitpay said. Because there is a large percentage of the population with little or no access to traditional financial services. "

Bitcoin ETF is an investment basket that simulates the entire Bitcoin index of companies constituting. Bitcoin ETF will track the Bitcoin value and be traded on the traditional stock market. Investors in the Bitcoin ETF fund will have to guess Bitcoin's value without a Bitcoin purse to protect its assets. This is the strengths and weaknesses of the Bitcoin ETF. Real investors do not own any Bitcoin, similar to the Gold ETF (GLD). It looks like derivative stock. This mode will help non-experienced investors to easily enter the Bitcoin market. With the Bitcoin ETF, large investors can invest in multiple types of cryptocurrency at the same time or invest in Bitcoin securities and investments in a single portfolio.

When an ETF wants to create a new share of its fund, it will switch to a person called an authorized participant (AP) for assistance. An AP is just a preferred name for a person who is responsible for buying the underlying asset that an ETF wants to hold. APs require licenses from ETF providers and are usually financial institutions that have a lot of purchasing power.

Here are the basic steps:

AP starts the process by buying basic assets. For example, if an ETF wants to track the S & P500, an AP would buy the appropriate amount of each stock based on the index weight.
AP sends assets to the ETF provider.
In return, the ETF supplier sends back its equity back to the AP. The value of these shares is equal to the asset that the ETF provider just received.

According to the Brazilian portal, one of the Atlas users, with more than 2 BTCs being submitted, validated the leaked data is true. Among those leaked is Rocelo Lopes, CEO of Stratum coinBR, an electronic money service platform. Atlas itself has 792 BTCs.
Acknowledging the incident, Atlas issued a statement revealing it would launch an investigation into the incident while working with appropriate agencies. It added that although hackers obtain user data, no money has been stolen.

Recently, representatives of the Green House - the official presidential office of the president of South Korea has just announced that there will be no more bans in the country for Bitcoin or codec transactions. Thus, the law of the former Justice Minister on the ban on Bitcoin transactions was rejected.
That's not long ago, the bill prohibiting the Bitcoin deal by the Ministry of Justice has faced a lot of conflicting opinions, causing the cryptocurrency market to falter because South Korea is one of the "big guys" in investing in electronic money.
According to information from the government, the Ministry of Justice unilaterally makes this plan without the relevant departments of the government. The Finance Ministry immediately declared not to support the bill.
The government has asked the Ministry of Justice to publicly apologize to the people, and no disciplinary action or reprimand will ever apply.
Investors are now able to breathe a sigh of relief and continue to invest in this potential market, but from the moves of the Korean government, it is hard to get a long-term ban.

Currently, several online services have been created to detect fraudulent websites and services. Badbitcoin.org is an example. This is considered a trusted site, which provides a full list of fraudulent or verified frauds. Another service on @thatsascam on Twitter is also quite useful. This is a bot that detects spam. These bots check those virtual tracker accounts based on the retweets rate. Take advantage of such tools to minimize the risk of fraud.

Kotak Mahindra Bank, India's leading private bank based in Mumbai, has recently announced a partnership with RippleNet, the blockbuster network of Ripple, to improve its international remittance service immediately.
According to the announcement, Kotak Mahindra will use xCurrent technology of ripple to speed up international transactions. Previously, a transaction in a manner usually takes a few days, but the solution of the ripple allows the time to money down to a few minutes. Bank customers will have the opportunity to track the process of making payments across borders at a much lower cost.

Central banks in Southeast Asia are now taking a cautious stance towards the rise of virtual currencies but it is inevitable that they will adopt the basic technology or blockchain technology.
These banks also say that speculative investments in the virtual currency market do not pose a risk to the system but require greater regulatory oversight.
In particular, while central banks seem to be adopting new payment systems from startups, the rise of virtual currencies Bitcoin or Ether, they seem to be much more cautious. For central banks, one big problem is that they can not influence the formation and circulation of digital money. In addition, virtual currency transactions do not follow the laws governing financial transactions in the country, particularly those on the reporting and money laundering. However, central banks Southeast Asia is very interested in the use of blockchain - a technology behind the virtual world and also known as Distributed Ledger Technology (DLT).
This is a digital ledger form that works without a repository center. This technology uses the power of peer-to-peer networks to validate and validate valid archives or "blocks". These blocks are marked by time, interlocked and password-protected, which prevents modifications. This technology is suitable for storing anything of value.
For the financial industry, blockchain technology promises faster, safer and safer transactions. Transfers between countries' accounts can be made in seconds versus a few days if using the current system.

The German Federal Government has decided not to list Bitcoin and other electronic currencies in the list of taxable goods on February 27 in the European Court. This is also a precedent for all member states of the European Union.
The court explained its tax decision by declaring that it considered electronic money as a legal means of payment:
"Virtual currencies (such as Bitcoin) are considered to be equivalent to legal means of payment, as long as the virtual currency is accepted as an alternative payment method and as agreed by the parties. and no purpose other than to be used as a means of payment. "
By decision, transfers from virtual currency to real money or vice versa fall into the category of "other taxable services." As a result, intermediaries who carry out the transaction will not be taxed. In addition, crypto trading floors may also be exempted "if the floor acts as an intermediary representing the parties making the purchase of Bitcoin."
The court decision also noted that e-money mining operations would also be tax exempt because they were paid on a voluntary basis.

The 21 million bitcoin limit is approaching when diggers have exploited more than 16.8 million bitcoins, equivalent to 80% of that amount.
Unlike the rest of the coin, bitcoin is limited in quantity. Whether or not it is, a total of only 21 million bits can be excavated. Later on, the bitcoin mining level is even harder, with fraud, bitcoin stealing increasing dramatically.
The first bitcoin block was started by founder Satoshi Nakamoto in 2009. At that point, each block corresponded to a 50 bitcoin (BTC) reward.
For every four years or 210,000 volumes created, the bonus will be reduced by half, first 50 BTCs (2009) then 25 BTCs (2012), and now at 12.5 BTC. Currently, the total amount of bitcoin can be exploited to 20%.
The difficulty in exploiting the last bitcoin is increasing, while the reward is reduced. The speed of new digging will slow down and it is difficult to predict how much the bitcoin will be worth.
In addition, it is difficult to predict the time of digging the last bitcoin as this also depends on the speed of hardware development. However, many predicted that the time would be 2140 when all present investors became "dust"

According to the latest research data, the number of electronic money ATMs in Belgium and the Netherlands is increasing. Amsterdam is a leading city in the Benelux region, with 12 machines supporting digital coin transactions. Luxembourg, a traditional global financial center, is lagging behind in the availability of electronic money transactions. A number of electronic cash dispensers have been installed in Belgium and the Netherlands. In the last few years, Amsterdam has been the leading city. The biggest Dutch city may soon be famous for the number of 12 ATMs currently operating, according to a Statista report. At least two of them support both the buying and selling of electronic currencies such as bitcoin core (BTC), ethereum (ETH) and litecoin (LTC).
As of August 2018, Antwerp, the second most populous metropolitan area in Belgium, has three Bitcoin ATMs. Brussels, the capital of Belgium and Rotterdam, the second largest city in the Netherlands, both have two digital coin-operated devices. One of the Belgian machines, Coinatmradar, is just a buying device, offering users the opportunity to buy bitcoin cash (BCH) along with bitcoin core (BTC), ethereum (ETH) and litecoin (LTC).

Blockchain is a technology that securely transfers data based on a very complex coding system, similar to a company's accounting ledger, where cash is closely monitored. In this case Blockchain is an accounting ledger operating in the digital domain.
Blockchain owns a very special feature that is the transmission of data does not require an intermediary to confirm the information. The Blockchain system has many independent nodes that can authenticate information without requiring a "sign of trust". The information in Blockchain can not be changed and only be added with the consent of all nodes in the system. This is a high security system against the possibility of data theft. Even if part of the Blockchain system collapses, the computers and other nodes will continue to protect the information and keep the network going.
Blockchain technology can be said to be a combination of the three technologies below:
Encryption: Use public key and hash function to ensure transparency, integrity and privacy.
Peer-to-Peer Network: Each node in the network is considered a client and also a server for storing application replicas.
Game theory: All nodes involved in the system must comply with the rules of consensus (PoW, PoS ...) and motivated by economic incentives.

A new study by Power Compare shows that the current consumption of electricity for digital currency is far more than that of more than 20 European countries. Only in some countries have more electricity consumption than Ireland, Croatia, Serbia, Slovakia and Iceland. Interestingly, only three countries in Africa are currently consuming more electricity than Bitcoin: South Africa, Ai And Algeria. According to Power Compare, Bitcoin's annual estimated electricity consumption is about 29.05 TWh - equivalent to 0.13% of global electricity demand.

Zimbabwe is a rare country in African countries that invests in this machine. Previously, bitcoin ATMs were only available in a few other countries such as Botswana and South Africa. Located in the Golix Customer Support Office located in the business district of the capital city of Harare, Zimbabwe, users can access this two-way bitcoin ATM on weekdays from 8am to 3pm, will be deployed within 24 hours. Golix's COO states that one of the purposes of bringing ATMs to the country is to provide new customers with a simple crypto market. , the easiest way to buy bitcoin as well as other coding currencies. In fact, many Zimbabweans still do not understand the value of the digital currency or in case they prefer to own bitcoin but encounter Obstacles due to lack of knowledge of this advanced technology. Obviously, two-way ATMs in Zimbabwe will meet the need to make the purchase of pre-encoded money closer to more people, people can access better technology. The new Bitcoin update shows that the currency has gained momentum after a crisis, which is a good sign, and also shows that the bitcoin attraction has never really diminished.

Dubai residents will soon have the means to pay fees, bills and other retail purchases with emCash, a blockchain-based, digital currency. The first UAE- The Dubai-based economy, is pushing for a more formal blockchain-based EMCash for wider adoption by launching point-of-sale (PoS) devices at stores across Dubai. PoS devices will also be deployed at Retail stores, which allow both citizens and residents of Dubai to buy goods after working with payment service blockchain Pundi X, Trade Arabia reported Monday

Switzerland has been recognized as a nationally friendly blockchain and electronic money, especially by the "Crypto Valley", a center of fintech, blockchain and digital currency operations located in the state of Zug. According to a study by blockchain BlockShow Europe 2018, the country was ranked first in the list of leading European countries for starting Blockchain. Last month, the Swiss Federal Council requested a newspaper. on the risks and opportunities of introducing a government-backed digital currency. The idea for national e-money development was proposed in February by Romeo Lacher, chairman of the Swiss stock exchange SIX. He said, "An e-franc under the control of the central bank will create a lot of value - so it will be good for the economy."

Only Bitcoin is pure digital gold And I totally believe in it. Other currencies tend to remove some of the characteristics of Bitcoin. For example, purely decentralized and uncontrolled. That is the first thing they have to eliminate in order to try to become a business model. When the price of Bitcoin and the big altcoin is still suppressed in June. Bitcoin lost about 20% of its value last month. Some sources say that the current situation is a good opportunity for coin buyers

Bitcoin as an electronic currency has not yet reached the potential as expected. I personally believe that digital money can play an important role in our society, but now it seems to be fueled by the influx of targeted investors. profit recovery