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.
Speculative trading in
bitcoins and other forms
of cryptocurrencies carries significant risk.
The purpose
of this investor advisory is to remind investors that, just like any other
speculative investment,
trading futures on virtual currencies, including
Bitcoin, have certain benefits and various risks.
The new currency soon
traded for hundreds
of dollars, and during a bout
of speculative mania this weekend, one unit
of Bitcoin Cash was briefly worth as much as $ 2,500 — not as much as the original, but still a tidy chunk
of digital change.
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.