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Bitcoin is the most popular cryptocurrency in the world and has gone through important ups and downs. The price of the digital currency has been roller coaster and its use has also seen significant growth. Cryptographic experts have associated Bitcoin's popularity with a number of reasons, such as classification as a secure, decentralized digital asset, which has allowed online anonymous transactions and purchases. The judgment without VAT in Europe has also contributed to the increase of Bitcoin becoming a popular digital asset with a considerable value as currency.
One of the drivers behind the high value of money is its vast applications around the world and many people now choose to use it to make transactions instead of using other sources. When you look at Bitcoin from the consumer's point of view, Bitcoin offers greater simplicity and comfort when it comes to making transactions or online purchases along with reliability, anonymity and tranquility. These are features that are not found in conventional payment methods such as debit and credit cards because they are associated with a higher level of fraud or risk.
Nowadays Bitcoin is the trendiest subject on every social media platform and various search engines, as buyers and investors are contending to keep up with the increase and decrease in Bitcoin prices since it rose to almost twenty thousand US dollars. year and then fell to around six thousand dollars in June of this year. The best indicator of the popularity of a subject in the world and the buzz surrounding it is its position among the most searched things and its volume of research on Google and other search engines. In fact, several cryptographic investors use Google's research and data from social media to monitor the progress of a cryptocurrency before making investments.
According to data released by Google the question "What is Bitcoin?" It has surpassed the most popular research question in the countries of the United States and the United Kingdom during the year 2018, which clearly shows that Bitcoin has truly taken control of the conscience this year.
By highlighting the different achievements of search engine rankings over the last twelve months, the latest bitcoin price volatility has attracted increasing interest with audiences seeking to understand its future peak after a period of value stability.
Despite the fact that Bitcoin is at the top of the list of all the questions "What is there …", the famous digital currency has lost its position in the questions "How …" with the second top Cryptocurrency Ripple ( XRP) that has conquered the first place. During the course of this year, users have been more interested in how to buy or invest in Ripple (XRP) because the most frequently asked questions "How to buy Ripple?" At the same time Bitcoin is currently ranked eight in the "How …" Google list.
The growing popularity of Ripple is appropriately associated with a recent advertising campaign, especially on social media.
According to previous reports, even though Google's overall searches for "Bitcoin" have dropped by 75%, as noted in June this year, the term has managed to remain popular with family names like Beyonce.
During the course of this year, in mid-November, the controversial hard fork of the main cryptocurrency Bitcoin Cash (BCH) caused a lot of market volatility, consequently the research interest in "Bitcoin" rose to its maximum in six months and gradually dragged to lower numbers in the following weeks.
From now on, countries like South Africa, Ghana and the Netherlands represent the countries that are the first three sources of research related to Bitcoin.
The intriguing searches related to "Ripple" meanwhile have essentially state bottom line starting in May. The volume of searches performed on search engines such as Google and Investopedia are a clear indication of the level of curiosity, popularity and interest that surrounded Bitcoin. People all over the world are very interested in knowing Bitcoin and the technology that supports it to take advantage of it. Although other cryptographic terms such as blockchain, Ethereum and Initial Coin Offerings have significantly increased over time, Bitcoin still manages to rise above all.
Investors really believe that Bitcoin is not just another form of currency, but it is here to cause a significant improvement in the way we conduct our financial transactions. A modern transparent and fair financial system is necessary for every individual on this planet. So through this technology it is possible for the first time in human history.
