Speculative trading in bitcoins and other forms of cryptocurrencies carries significant risk.
Senior officials at South Korea's financial watchdog have compared
speculative trading in bitcoin to a «Ponzi scheme» and say they are mulling a ban.
Not exact matches
Worried over risks of
speculative trading,
in September South Korea banned initial coin offerings, or raising money through
bitcoin or other virtual currencies.
But as far as I can tell, most transactions
in Bitcoin and other cryptocurrencies are inter-currency
speculative trades: US dollars for
Bitcoins,
Bitcoins for dollars, Chinese yuan for
Bitcoins,
Bitcoins for other cryptocurrencies, Dollars for Ripples, and so on.
Trading and investing
in digital assets like
bitcoin and ether is highly
speculative and comes with many risks.
Trading and investing
in digital assets like
bitcoin,
bitcoin cash and ether is highly
speculative and comes with many risks.
Trading and investing
in digital assets like
bitcoin,
bitcoin cash and ether is highly
speculative and comes with many risks.
«Using
bitcoin for
speculative trading or people buying and selling
bitcoin because they think it's fun — that's not an interesting business for us,» said Jeremy Allaire, Circle's Co-Founder and CEO,
in an interview with Reuters.
The fund isn't an exchange -
traded fund, and remains small, but people believe it could prompt
speculative interest
in Bitcoin, and the recent volatility across stock markets could abet the process.
Many experts worry that the
trade in Bitcoin futures, crypto funds and other highly
speculative financial products will inflate a
speculative bubble, while running the risk of losing all their money.