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Cryptocurrency Will Play A Big Role In Our Lives In The Future


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#1 fahdforex

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Posted 10 May 2018 - 05:21 PM

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The growth of cryptocurrency and blockchain

The interest in cryptocurrency is often referred to as the ‘digital gold rush’ attracting thousands around the world to invest in cryptocurrencies such as Bitcoin and others like Litecoin, Ethereum and Ripple.

The value of Bitcoin is linked to sentiment – whenever people rush to invest, the prices go up and when people decide to sell, the price goes down. This volatility has resulted in prices skyrocketing. In 2017, Bitcoin surged in valued from $830 to $19300 and is now fluctuating around $8,000. Other cryptocurrencies like Ripple and Ethereum are following a similar trend. This cryptocurrency rollercoaster has helped lucky investors to make fortunes.

Blockchain, the technology behind Bitcoin and other cryptocurrencies, was designed to facilitate, authorise and log the transfer of bitcoins.

How does blockchain technology work?

Blockchain is a shared database populated with entries that must be confirmed and encrypted. Traditional databases are owned by a central authority like banks and governments, but blockchain does not belong to anyone.

The impact that blockchain technology is having is similar to the impact of the internet in the 90s. As society becomes increasingly digital, financial services providers are looking to provide customers with more efficient, secure, and cost-effective services. Therefore, blockchain technology will become more applicable to our daily lives.

Bitcoin and all cryptocurrencies depend on blockchain technology that makes transactions so secure that they are almost unhackable

 

For More Detail : Cryptocurrency will play a big role in our lives in the future

 



#2 Bill Luna

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Posted 11 May 2018 - 09:02 AM

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I trade with FreshForex from the soonest beginning stage of my work. This broker is astoundingly steady and strong too. They give all the help and help that a trader needs in his trading. This broker is awesome at their organizations and dependable as well. I feel protected and open to working with their stage.


#3 Cart

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Posted 27 June 2018 - 06:52 AM

Bitcoin has changed the landsape of financial transactions. I am predicting that it will become a mainstream currency after a few years. Many international brands have also started accepting cryptocurrency and soon many more will follow.






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