Crypto currencies: what’s the wheather like?

Monday March 13th 2017 will be an important date for Bitcoin and crypto-currencies in general, the SEC in fact will decide whether if approve or not Bitcoin as an ETF (Exchange Traded Fund).

In case of approval it will be possible to invest on Bitcoins over the long term without directly buy them, while short term investors may bet on price movements: basically the Bitcoin will become a commodity.

But will this be a positive thing for the largest crypto-currency? For sure all e-wallet problems may be overcome once for ever and the value of it may rise as high as 3,200$ as per some analysts prediction.

Infographic: Bitcoin by Far the Largest Crypto-Currency | Statista You will find more statistics at Statista

On the other side the effect of trapping Bitcoin in normal market rules and rituals may have an unpredictable outcome.

For that as regards “real” Bitcoin, after the recent crash, it’s experiencing a recovery. The number of Bitcoin ATMs is increasing with US being the country with the biggest number of machines in the world, making North America to detain 73% of total machines on Earth.

Infographic: Number of Bitcoin ATMs by Country | Statista You will find more statistics at Statista

Also other areas are more and more interested in the crypto currency, countries such as Venezuela and Nigeria in fact look to the Bitcoin as a more secure and less depreciable currency compared to their national ones.

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