Commentary

Erik Hoel
Traders Magazine Online News

Will The Bitcoin Bubble Pop Or Will It Envelop Us All?

Guest contributor Erik Hoel asks the question whether the worst is over for bitcoin holders, or still yet to come, what is yet to come? And why.

Traders Poll

In your opinion, what is the biggest hurdle facing the blockchain?

Cost of implementation

17%

Too many systems available

23%

Not applicable to my business

3%

Uncomfortable with the technology

33%

Nobody else is using it

23%

Free Site Registration

What Is The Blockchain? Traders Explains

Waiting for Blockchain to Spark



The lack of harmonization in the regulatory treatment of Bitcoin has left a bad taste in the mouth of the financial industry, but blockchain – the virtual currency’s distributed-ledger architecture – has only whetted the industry’s appetite.

In the last few months, news reports have focused on the promise of blockchain, and several big names have signed on to the new architecture, which was designed to transfer bitcoins from one person or entity to another. Now, financial firms and technology companies are seeing a path to settle and clear trades in a more efficient way.


Advertisement