UNTOLD STORY OF BITCOIN-A FRAUD, SCAM AND BANNED

Bitcoins one of the form of cryptocurrency created in 2009. A very well balance digital currency which reach like a normal currency work in a decentralized form and with no collateral assets. The future of bitcoins availability in stock market as a derivative will be more interesting to watch. As we know derivative is financial assets which derive its value from underlying assets. So what if Future Currency contract replace by Future Bitcoins Contract or Bitcoins Contract between two or more countries. The reason of raising it louder is because of higher rate of fluctuations in shorter periods. So here is the question; Is the bitcoins is one of the mode of derivative contract in upcoming time?
Tendency of bitcoins behavior in short run and long run is matter of fact to understand more precisely. So question here arises, Is Bitcoins is the future of Indian Financial Market? Is Cryptocurrency movement will match the general tendency of market? Is other country will negotiate in bitcoins? Is autonomous body of a financial market is ready for it?
It follows the concept which is out of white paper by the mysterious Satoshi Nakamoto, whose true existence yet to define. Bitcoin with a unique feature of low transaction fees as compare to traditional mechanism and work in a decentralized environment i.e. without the involvement of govt/regulated body. Today’s market cap for all bitcoin (abbreviated BTC/ XBT) in circulation exceeds $7 billion.
There are no physical bitcoins, only balances kept on a public ledger in the cloud, that – along with all Bitcoin transactions – is verified by a massive amount of computing power. Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity. Despite its not being legal tender, Bitcoin charts high on popularity, and has triggered the launch of other virtual currencies collectively referred to as Altcoins.Top Fashion Design Institute in Delhi NCR

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