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It’s time for Bitcoin traders to batten down the hatches, suggests Bloomberg News. The cyber-currency could be in for one of its most turbulent periods.
From Bloomberg:
Blame the bitcoin civil war. After two years of largely behind-the-scenes bickering, rival factions of computer whizzes who play key roles in bitcoin’s upkeep are poised to adopt two competing software updates at the end of the month. That has raised the possibility that bitcoin will split in two, an unprecedented event that would send shockwaves through the $41 billion market.
Bitcoin now represents nearly a quarter of all monetary transactions in the world of online gambling and that figure is likely to continue growing.
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