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Author Topic: Investors to lose all their money” in Bitcoin - Steven Maijoor  (Read 133 times)
First77 (OP)
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January 16, 2018, 10:06:01 PM
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Investors “should be prepared to lose all their money” in Bitcoin - Steven Maijoor, chairman of the European Securities and Markets Authority,

https://www.zerohedge.com/news
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January 16, 2018, 10:24:39 PM
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Looking at Steven's background, I am not shocked because this kind of comments are very natural from such background. Stock markets and banks are seeing the entire crypto market as a threat to their business. So no wonder they will try to discourage us.

But it is also true that bitcoin is going through a bad time. It is bow heading towards 10k and that's a serious level of price decrease. Also this behaviour of bitcoin's price can't be termed as a Normal fluctuation. We need a solution to the scaling problem that the network is currently facing to see it get back on track.

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