Bitcoins has long been a promising prospect. But what is next for the digital currency? It is definitely not going anywhere soon. As it turns out, it may well be adding users. The surge that a lot of people have long been expecting may not be coming anytime soon, but we would be able to see an increase in the number of users, according to reports in the market.
Here in this article, we will take a closer look at the digital currency which has had such an impact in the past few years. Is the time running out for the currency or is the ripe moment about to come. It would be interesting to look at the user growth and at how it might affect the currency in the coming days.
Bitcoins have not had a particularly impressive 2015. After seeing a lot of turmoil in relation to the Bitcoin market price, bitcoin was also in the news related to regulatory issues. Bitcoin prices fluctuated way too much, with the prices ranging from $550 to around $200 levels. It seems to have levelled well for now though.
News on Bitcoins
According to various market reports, Bitcoins would continue going strong in the coming months. In fact the digital currency may well see the number of users increase to around 5 million by the end of 2019. This is a great piece of news which would help elevate the status of Bitcoins.
The number of users currently using bitcoins is about 1.3 million. With an increasing number of retailers using the currency, an increase was expected. Surprisingly, bitcoins would be mainly used for exchange trading for the next few years.
Bitcoin Financial News
Bitcoins remain a great alternate to the currently used market currency. The digital currency has gained a lot of supporters in the past few months and would hope to continue doing the same in the coming time. It would be interesting to see if it can topple the current currency.
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