Here is a boost to bitcoin's legitimacy:
Trading Forex in Bitcoin – Is it the Geekiest Way to Make money Online?
Forex has always been one of the most attractive investment options for less experienced traders. Now, bitcoin is bringing a new breed of investors to the forex trading space, and many brokers are opening its doors to the digital currency.
In fact, this year all along, several Forex brokers started to deal with bitcoin, and it seems the interest, both from traders and brokers, in this type of investment is growing exponentially.
The Foreign Exchange (Forex) Market is the largest market in the world. It is where foreign currencies are exchanged and where every day more than 4 trillion dollars are traded. The huge volume of daily transactions makes it the most liquid market in the world. The enormous size of the Forex market is what ensures that no one can control the market; not even banks or big financial groups can control the market for a long period of time.
Forex essentially goes around about eight major currencies and is open 24 hours a day, enabling traders to have the best chances whenever they hear a financial scoop.
A few years ago there was no Broker willing tForex_article_midimage_NewsBTCo work with bitcoin, but now this is changing; currently we can find a lot of brokers that enable investors to trade forex pairs using BTC. It looks like Forex trading via bitcoin is revolutionizing both Forex trading and BTC investments. Several brokers already let user’s trade forex pairs by investing with bitcoin.
Full article: http://www.newsbtc.com/2015/11/06/trading-forex-in-bitcoin-is-it-the-geekiest-way-to-make-money-online/
Great find, that will certainly give our industry a boost in legitimacy. It makes sense to trade bitcoin along with forex trading. It may even work to provide a price buffer from large movements in price because of the scale of the forex market. Will be interesting to see.
