Without a doubt this year has been an immensely successful for Bitcoin considering its price being somewhat higher than 900$ at the start of this year, and surging to about USD 16,500+ just this week.

Bitcoin market has been as aggressive as ever with no intention of ceasing it’s rise against the odds.

![asdasdasdwetrwet.png](https://res.cloudinary.com/hpiynhbhq/image/upload/v1512679301/wd12zj7sm9eoq1rbbuop.png)

Surpassing the expectations of the its developers, Bitcoin is thought to be utilized as a payment option whether you need to pay someone or make an investment. Bitcoin's cost relies upon the will of the general population who are willing to pay for it. It appears that huge number of people are utilizing this cryptographic money so much so that just in few months there have been up to 20+ million people who signed up for it. For as long as people rapidly join the bitcoin frenzy, it will probably move the cryptocurrency into mainstream and be used around the world which would mean a sensational increase in its value.

No.|Source|Pair|Volume (24h)|Price|Volume (%)|Updated
-|-|-|-|-|-|-
1|Bitfinex|BTC/USD|$2,182,360,000|$15,380.00|12.55%|Recently
2|Bithumb|BTC/KRW|$1,892,840,000|$19,390.20|10.88%|Recently
3|GDAX|BTC/USD|$1,401,440,000|$16,030.10|8.06%|Recently
4|bitFlyer|BTC/JPY|$690,520,000|$16,720.20|3.97%|Recently
5|Coinone|BTC/KRW|$424,239,000|$19,371.40|2.44%|Recently

Beside all that, the nonstop rise of Bitcoin's market growth has made worldwide financial specialists needing to shield their own monetary standards which have been flattening. However, overall population who may be suspicious about the wellbeing of their national currencies being maintained by their national banks, got strikingly intrigued to bitcoin in light of its temperament to be less impacted by any state's economy (or not impacted at all).

As per my understanding here are a few reason why it's doing so good;
* Bitcoin being a true decentralized Network
* The first ever Cryptocurrency with more trust level and awareness
* No Banks/Governments/Institution involved in control/wellbeing/growth
* Non-Inflationary coin
* Extremely secure Network/unhackable, with better consensus model
* No micro management for each and every transaction unlike Banks
* Growing acceptance

With a "medium of payment" like Bitcoin which requires no regulation, control and is quite protected from inflation and crisis on the stock market with no attachment to the general economy of a country whatsoever, it is clear that rumors would pop up from time to time, some calling it a fraud/scam, others comparing it to Tulip mania and bubble waiting to burst, but one thing is for sure and that is, Bitcoin is here to thrive for the foreseeable future. One can understand their concerns, they think their lunch is at stake with Bitcoin rising up abnormally. Who would want to invest in Banks when you can get x100 folds profit eh?

Not me at least, I hate them anyway :)

Bitcoin is often compared to Gold, given the fact that both are limited in supply. But I would say;

> Bitcoin isn't Gold, it's the Diamond.

And I am saying this because I don't see any unit of Gold sold for 16k+.

There's no argument that the world was moving to "cashless transactions" with the plastic cards and other varieties but Bitcoin and other Cryptos has fueled this race towards a perfect "cashless society". It just fits into the scenario very well. And I am all up for this.

Being a Muslim, I would rather pay transaction fee's than "interest"  (Muslims are prohibited to pay/receive interest) and I believe almost all of you out there irrespective of your "reasons" are fed up of interests and dealing with banks.

**Note: Short term reasons for it's gain has been ignores such as the ann of CME group and other market shifts. I believe short term reasons is a direct impact of the long-term 'wellbeing'.**