Bitcoin bedlam may beckon after split

Investing.com - Trading in (bitcoin) could be unsettled by a split in the cryptocurrency.The split, or so-called “fork” of the Blockchain ledger of transactions, reflected rival views of how to speed up transaction processing while maintaining protection from hackers.Bitcoin Cash was launched on Tuesday, creating a new competing version of the cryptocurrency.The split was led by a small group of mostly China-based bitcoin miners, unhappy with plans to speed up transaction processing.But a number of platforms are unwilling to support Bitcoin Cash. This could pose a dilemma for some players who would have to change platform providers in order to avail themselves of the Bitcoin Cash rival on offer."Nobody can be sure how this is going to play out over the short term," the BBC quoted Iqbal Gandham, U.K. managing director of the eToro trading platform, as saying.