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Bitcoin Takes a Slowdown in the Mainstream


Bitcoin usage gives users around the world the freedom to make a fast and wide exchange in the financial world. It relieves the world from the hassles of doing payment and exchange from commercial banks and banking systems. The past few years for bitcoin serve as a form of alternative to make the exchange process fast and easy.

The process of high exchange took place in December 2011. There are two exchange groups such as the Cboe Global Markets and the CME Group that took part in the launch of the coming trading operations of bitcoin. According to Goldman Sachs, one the famous of the Wall Street banks, it would start on the direct trading option and the future trading of the digital currency. There is also a report of a plan that involves building a platform that would use the trading and buying process of bitcoin.

However, the involvement of bitcoin in the process of trading might pose a threat to the investors. The examples of the risks could be in the form of the payment process and the high volume of transactions that are going to be on the shoulder of the users. At this point, the risk remains to be small as the process of using bitcoin is on a high level.

But, according to recent reports, the users, as well as the investors, are taking new alternatives that lower the performance of the bitcoin both on the local markets and the web markets. Here, people are on the stage of seeking the bitcoin of the future. It means that a more comprehensive and easy approach would be available for all the users. In doing so, people could expect a less expensive way in the execution of payments and other digital currency transactions.

According to some experts, there would be the emergence of future bitcoin, but it is still unsure the future faces of the digital currency. There are speculations that it would never be bitcoin but rather as a form of alternative to ease the hassles of the users when it comes to sending payments, monitoring their accounts, securing their accounts and many more.

Today, using bitcoin for investment transaction is still going on, but there is no guarantee if the process would be the same for a couple of years. It is up to the users and the experts to find out the future of the blockchain technology and the use of a global cryptocurrency.

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Sydney Ifergan

Sydney has 20+ years commercial experience and has spent the last 10 years working in the online marketing arena and was the CMO for a large FX brokerage.

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