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The coming future of cryptocurrency | Mao Lal

One is a digital cryptocurrency that is created and managed using advanced encryption technology called cryptography. Cryptocurrency made the leap from an academic concept to reality (virtual) with the creation of Bitcoin in 2009. While Bitcoin increasingly attracted major investors and media attention in April 2013, when it hit a record high of $ 266 per Bitcoin after rising 10-fold in the past two months.<br>

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The coming future of cryptocurrency | Mao Lal

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  1. The coming future of cryptocurrency Mao Lal

  2. Mao Lal comes from Berlin and is a big investor in Bitcoins. Mao Lal always thinks about being successful in life. Because of the unique nature of virtual currency, there are some inherent advantages to trading Bitcoin that users cannot get the other currencies. Digital currency is a relatively new medium and untried exchange, and users need to be careful about weighing its benefits and risks. That said, Bitcoin seemed to offer some unique opportunities. One is digital cryptocurrency that is created and managed using advanced encryption technology called cryptography. Cryptocurrency made the leap from an academic concept to reality (virtual) with the creation of Bitcoin in 2009. While Bitcoin increasingly attracted major investors and media attention in April 2013, when it hit a record high of $ 266 per Bitcoin after rising 10-fold in the past two months.

  3. Bitcoin had a market value of more than $ 2 billion at its peak, but a 50% slump after that easily sparked an angry debate about the future of cryptocurrencies in general, and Bitcoin in particular. So these alternative currencies will eventually replace traditional currencies and one day become ubiquitous in dollars and euros? Or will cryptocurrencies soon be a fad? The answer lies with Bitcoin.The future of cryptocurrency Some economists expect a big change in Crypto is coming as institutional money enters the market. In addition, there is the possibility that Crypto will be floated on the Nasdaq, which adds credibility to blockchain and its uses as an alternative to conventional currencies. Some predict that all needs Crypto an exchange-traded fund AUDITED (ETF). An ETF would certainly be easier for people to invest in Bitcoin, but must still be demand for Crypto want to invest in, which some say can not be automatically generated with a fund.

  4. Understand bitcoin Bitcoin is a decentralized currency that uses peer-to-peer technology that makes it possible to perform functions such as issuing currencies, processing transactions, and verifying together through the network. While this decentralization leaves Bitcoin free from government tampering or interference, the downside is that there is no central authority to ensure that things go smoothly or return the value of Bitcoin.

  5. Bitcoin future outlook The future outlook for Bitcoin has been the subject of much debate. While the financial media mushroomed by the so-called crypto evangelist, Harvard University professor of economics and public policy Kenneth Rogoff shows that “extraordinary feelings” among supporters of crypto is that overall “market capitalization cryptocurrencies could be in the next five years explode, up to $ 5-10 billion. " Historical volatility in the asset class “There is no need to panic,” he said. However, he was furiously optimistic and that the "evangelist crypto" consider Bitcoin as digital gold, calling it "crazy", stating that its long-term value is "more likely to be $ 100 out of $ 100,000."

  6. Thank You

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