🍀 Bitcoin is now on the way to setting a new record figure, he is approaching $ 5000. Recently, Bitcoin's cost has grown from $ 4,330 to $ 4,893, analysts predict that it will reach $ 10,000.
🍀 Basically, the price of Bitcoin is influenced by three key factors: the efficiency of the main markets - Japan and South Korea, the adoption rates of Segregated Witness (SegWit) and hard fork SegWit2x in November.
🍀 The government officials of Japan and South Korea decided to establish regulatory rules for businesses and investors, thereby creating a productive ecosystem for the exchange of crypto-loans and for start-ups. So Japan decided to license the crypto exchanges. BitFlyer has already received a license to provide financial services in the country.
🍀 Since January, some of Japan's largest corporations, like electronics manufacturer Bic Camera, Peach, the largest hotel chain Capsule, the energy supplier Remix Point, have begun accepting Bitcoin for payment. Bic Camera also provided significant support for the adoption of Bitcoin in Japan and throughout Asia, the digital currency is accepted in all of its trading departments.
🍀 But the most important thing is that a company like Remixpoint started using bitcoy stock exchanges and trading platforms to process its payments and improve its infrastructure. Bitpoint, Bitcom Exchange Remixpoint, became one of 11 exchanges that received a license last month.
🍀 As Bitcoin, an investor from the Atlanta Digital Currency Fund, Alistair Milne, said, the pace of SegWit adoption is 10% and is quickly gaining momentum. So ShapeShift, the popular exchange, accounting for 3% of Bitcoin's global transactions, has already integrated SegWit, which has led to an increase in adoption of technology.
🍀 According to developers Ledger, the manufacturer of hardware Bitkoyna, users of the Bitcoin ecosystem who conduct transactions with SegWit, can reduce their commission by 35% and optimize the confirmation time. Although this applies to those who use wallets with SegWit support, users who receive transactions that support SegWit can also reduce transaction charges.
🍀 'Segwit introduces the concept of block weights, which leads to a change in the way that the transaction size is calculated by splitting signatures in different areas - you can save up to 35%, while transactions are sent that hour,' Ledger explained.
🍀 As the application of SegWit accelerates, the markets of Japan and South Korea continue to show growth, but the market is losing confidence in the forthcoming hard fork SegWit2x, Bitkoyn is striving for new heights, according to experts its goal will be $ 10,000.
🤗 source: bitnovosti.com 🤗