Upcoming Scenario of Crypto-currency in Germany

Virtual currency Bitcoin has been recognized by the German Finance Ministry as a "Unit of Account" means it can be used for tax and trading purposes in the country.

Of course, we don't have a crystal ball, but for us Bitcoin - virtual currency, or the technology behind it: the BlockChain - will have a prosperous futur.

The statistic presents the total number of BlockChain wallet users worldwide, from the first quarter of 2012 to third quarter of 2017. The number of BlockChain wallets has been growing since the creation of the Bitcoin virtual currency in 2009, numbering approximately 15+ million BlockChain wallet users in September 2017.

Market cap utilization in Billion $

According to a research market cap utilization in 2012 was $0.14 billion, in 2013 it was $8.92 billion, in 2014 was $4.34 billion, in 2015 was $6.45 billion, in 2016 were $15.49 billion and its hike held in 2017 by $71.95 billion.

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