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Author Topic: [2017-01-16] High-Speed Traders Are Taking Over Bitcoin  (Read 137 times)
Karartma1
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January 18, 2017, 07:37:55 AM
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Zhou Shuoji is not a bitcoin believer. He says the cryptocurrency will never replace its traditional forebears, and he calls most of its proponents fanatics.

But for Zhou, a 35-year-old high-speed trader in Beijing, bitcoin is also too good to resist. His computers trade it 24 hours a day, seven days a week. Using lightning quick orders, they profit from tiny price discrepancies on the myriad venues where it changes hands.

“It’s the golden age to be in the bitcoin market, because it’s imperfect,” said Zhou, a former IBM technology consultant whose firm, Fintech Blockchain Group, runs a bitcoin hedge fund and venture capital fund.

Read more here -> https://www.bloomberg.com/news/articles/2017-01-16/high-speed-traders-are-taking-over-bitcoin-as-easy-money-beckons

Bitcoin means Financial Sovereignty. It means being free from the Rat Race that wants all of us struggling for a piece of bread. Get to know how to protect your financial rights by learning how to properly use Bitcoin and be free.
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