It's always interesting to watch BTC in action. Some couple of weeks back it climbed to the value of $12,000 and then gradually came down to 10K in a matter of weeks - what a volatile movement. But keeping an eye on it, it's beginning to rise again; investors must be having an exciting time in the market place.
For the records, the family of crypto currencies is also gaining more and more popularity as well as acceptance worldwide – looking at my country, Nigeria as an example. Although in Nigeria crypto currencies until now have not been fully accepted as legal tenders, but the bit of good news is that the federal government has just announced that crypto will now come under government regulation.
In an official statement just out, Nigeria's Securities and Exchange Commission (SEC) said it will regulate trade in digital currencies to provide protection for investors and to ensure that transactions are transparent. I think this is good news for anyone interested in cryptocurrency. For all it means, the fact remains that it signals at least that the government now recognises it as a form of legal tender.
Following Bitcoin’s latest achievements recently, it was quoted by certain authorities that the virtual currency which is the first digital currency to be created – in 2009 has at the moment become better than gold! This is also a sure sign and encouragement for bitcoin investors and traders alike. But could BTC really outclass gold?
For all you care, bitcoin and the world of cryptocurrency is here to rule the world; this is also the time to cash in on the good trend and be part of a smarter world to come. The future I dare say is NOW!
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