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Erik Hoel
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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.

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

Cost of implementation

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Too many systems available

23%

Not applicable to my business

3%

Uncomfortable with the technology

33%

Nobody else is using it

23%

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January 1, 2013

Volume Drop Smallest Since July

By Tom Steinert-Threlkeld

Trading volume on the nation's 10 largest exchanges dropped 13.8 percent in November. That is the smallest monthly drop in market activity since July.

Daily volume on exchanges operated by NYSE Euronext, Nasdaq OMX Group, BATS Global Markets and Direct Edge averaged 4.6 billion shares, according to the Securities Industry and Financial Markets Association. That was down 13.8 percent from the 5.3 million shares traded a day in November a year ago.

The SIFMA stats track Nasdaq's compilation of consolidated volume from all sources. For November, Nasdaq pegged daily volume at 6.2 billion shares. That is down 15.1 percent from the 7.3 billion shares it recorded, on average, one year ago.

 

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