Reseller Middle East Online Editor Adelle Ceronimo shares her views on the current tech scene.
Bitcoin tumbled 31 percent at the beginning of 2018 trading at $9,817 making January the most dismal month for the cryptocurrency since December 2013.
This follows months of significant rallies in 2017, when the digital currency even almost hit the $20,000 mark toward the end of December. While, everything in the Bitcoin world is touch and go, developments in the industry clearly shows that the concept has caught the attention of investors.
Cryptocurrency emerged after the financial crisis and is not under any central bank. It allows people to forgo traditional payment methods as well as banking and financial institutions for goods and services.
This story is from the February 2018 edition of Reseller Middle East.
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This story is from the February 2018 edition of Reseller Middle East.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
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