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Bitcoin Markets Comprise Imminent Alternative to Foreign Exchange

15 Oct Bitcoin Markets Comprise Imminent Alternative to Foreign Exchange

Posted at 03:25h in Bitcoin News by

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Bitcoin Markets Comprise Imminent Alternative to Foreign Exchange

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A report authored by researchers from the Henryk Niewodniczanski Institute of Nuclear Physics has found that Bitcoin is maturing. The report, courtesy of the Polish Academy of Sciences in Krakow, concludes that Bitcoin carries “concrete potential of imminently becoming a regular market” and “an alternative to the foreign exchange.”

Also Read: Research: Corporations Fail to Deliver on Blockchain Hype, Scalability a Top Concern

Polish Researchers Seek to Assess Maturity of Bitcoin Markets

The study, which is “Based on 1-min price changes recorded since year 2012,” assesses “the fluctuation properties of the rapidly emerging Bitcoin market … over chosen sub-periods, in terms of return distributions, volatility…

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