Commentators, professional investors and senior bankers have issued
warnings over a Bitcoin bubbles.
(Source: «Central bank chief
warns over Bitcoin valuations,» Sydney Morning Herald, December 19, 2017.)
Not exact matches
His
warnings, repeated this week, and the China crackdown sent the prices of
bitcoin bouncing up and down
over the last couple of weeks.
Police in York, Canada, have
warned of a tax scam after
over 40 people were convinced to send money via
bitcoin ATMs.
Over the last year and a half a number of prominent voices in the
Bitcoin community have been
warning that the system needed to make fundamental changes to its core software code to avoid being overwhelmed by the continued growth of
Bitcoin transactions.
That's why Ray Dallio, manager of Bridgewater, the world's largest hedge fund, recently
warned of a
bitcoin bubble and how he favoured gold
over the cryptocurrency.
Police in York, Canada, have
warned of a tax scam after
over 40 people were convinced to send money via
bitcoin ATMs.
There hasn't been any big news about
bitcoin in the last few days, apart from the now - rote
warnings over the market's bubble - like nature — the most recent coming from Warren Buffett.
Indonesian authorities are investigating the use of
bitcoin in the holiday island of Bali, amid
warnings by the central bank in Southeast Asia's biggest economy
over the risks posed by virtual currencies, an official said.
Some of
Bitcoin's losses in value
over the past week stem from regulators»
warnings and security risks.
Bitcoins investors have now been
warned that they are likely to face audits
over their Cryptocurrency transactions.
Bitcoin blasted to another all - time high of almost $ 18,000 on the Bitstamp exchange on Friday, up 9 percent on the day, as
warnings grew
over the risks of investing in the highly volatile and speculative instrument.
According to reports that appeared in local media on Monday, investors had lost
over $ 300 million after the
bitcoin trading platform closed without
warning in January.
Observers attributed Wednesday's move to several factors, including issues at cryptocurrency exchange Binance, a
warning from the U.S. Securities and Exchange Commission about exchange compliance and a report from the trustee of Mt Gox revealing that some $ 400 million in
bitcoin and
bitcoin cash had been liquidated
over a several - month period.
This week has seen
warnings that
Bitcoin's fate could lie in a dotcom - style bubble popping as the virtual currency remains around all - time highs
over $ 7,000.
Perhaps it's the near - vertical rise in
bitcoin's value
over the past couple of months that spooked central banks internationally to issue
warnings.
NEW YORK •
Bitcoin surged to a record high of more than US$ 6,000 (S$ 8,167)
over the weekend as investors continued to bet on an asset that some banks and policymakers have repeatedly
warned is a «fraud» and a «bubble».
«There is no resolution in sight to the continuing and fundamental disagreements between many
Bitcoin miners and
Bitcoin Core developers
over the future of the cryptocurrency,»
warns the report's author Dr Windsor Holden.
Warnings about
bitcoin have also stemmed from central banks like the Bank of Tanzania, Kenya, and other areas
over the past few months.
Researchers have unearthed a further
Bitcoin virus amid
warnings that CryptoShuffler had made a comeback, stealing
over $ 140,000.
Prior to CME Group's
Bitcoin futures announcement,
warnings came
over an impending dotcom - style meltdown for
Bitcoin.
The news marks the first time that regulators in Japan have issued a
warning over a cryptocurrency services company since April last year, when the country legalized
bitcoin as a payment method.
Over the past several years, many public figures have
warned against
Bitcoin and the illegal activities that are associated with it.