There has been a pronounced growth in the number of Bitcoin wallets since the creation of this cryptocurrency , the rate of growth has been observed to show a sharp increase within the last two years. Considering the amount of BitcoinCT r: 9 wallets in existence, and the forecasted growth within the next few years, could the bitcoin wallet cause a significant change within the world of investing?
Every investor among other things considers primarily the inherent cost of any given investment, and the turnaround time of ventures such as these are major factors that will determine the viability of the investment.
The peer-to-peer (P2P) nature of Bitcoin and the absence of intermediaries has seen the cryptocurrency appear to be very friendly and cost effective to its users.
Recent predictions have seen experts forecast a near future where Bitcoin will significantly change the way that investors carry out their businesses around the globe. The signs are already there
Alena Vranova , Co-Founder and Director at SatoshiLabs believes that the number of bitcoin users and investors will continuously rise, stating her reasons in clear terms, she says: “The Chinese credit bubble and slowing economy coupled with the country’s restrictive monetary policy will drive new waves of interest in bitcoin for the Chinese market. We may see similar activity as we saw in November/December 2015 in response to the actions of the Russian MMM. As for the global market, economists have already announced a very harsh recession. I believe that the falling commodity prices will turn into sharply decreasing trust in the petrodollar, while the Euro may be better off yet still struggling with the continuous eurozone periphery crisis. We may see a significant rise of gold and other alternatives, such as bitcoin. The number of bitcoin users / investors will continuously rise, as […]
