Aside from a huge price correction in December, Bitcoin made its way into the minds of people around the world.

Google's statistics for 2017 have Bitcoin as the second most wanted term of the year, as everyone brave investors, cryptocurrency newbies and diehard technologists look for the latest news and updates prices on the lucrative cryptocurrency.

With a market capitalization of more than $ 11 billion Bitcoin has made many millionaires with its rapid appreciation in value this year. Investors rallied to buy Bitcoin during its last uptrend that began in November and saw the price rise to $ 20,000.

The almost inevitable correction before Christmas has caused market turmoil and many Investors will have complained of the dramatic fall in prices

to hear financial analysts and industry experts describe market apathy because of the volatility observed in recent weeks. Large companies and individual investors always seem reluctant to put their money in cryptocurrencies.

Small Players

Addressing CNBC this week, American billionaire Tilman Fertitta, who has made a fortune as a restaurant owner, believes the average man does not want to be in trouble. will not go near Bitcoin until they have some sort of insurance

"They do not have any money, so they do not have money. is paper, it is Bitcoin, it is paper, but it is not And until it is assured, many people do not have it. 39, will never buy. "

Nevertheless, the 60-year-old man is not opposed to the idea of ​​becoming Bitcoin. a method of payment widely accepted in the future, even by some of his businesses, ranging from casinos, hotels to restaurants

"I remember someone who was entering my office and said: will change.There is this thing called the Internet.And it was not so long.We must remember it.It's just something new and everything moves at a pace faster today. "

Big Players

Major financial institutions have already entered the cryptocurrency fair after the launch of Bitcoin futures on CBOE and NASDAQ and Goldman Sachs should also come into play in 2018 – paving the way for broader market adoption.

Nevertheless, it still seems that large business groups are reluctant to invest significant capital in the market

In an interview with CNBC this week, the head of the technology company monetary and financial, Wolfgang Koester, said that large companies want a less speculative environment,

FiREapps give insight into the likes of Google. and Ericsson, but Koester says that large companies will not invest in current cryptocurrency and expect digital currencies issued by the state, supported by regulation.