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https://www.aex.com/According to the Wall Street journal website in December 10th, the news of the introduction of futures by bitcoin has made this digital currency rejoicing. But critics say the new market may have hacker invasion, technical failure or conspiracy to manipulate.
Critics say that one of the risks of such a practice is that the basic market of bitcoin is still basically in a state of lack of supervision, and there are many problems in the past operation. Gorkss mountain company has the world's largest bitcoin traders, but lost more than $470 million worth of bitcoin, the company closed down in 2014. Other bitcoin traders are also facing criminal charges of money laundering.
Craig Piron, a professor of finance at the University of Houston, said last week, "the bitcoin cash market is not yet mature, and it's hard to be soundless."
The foundation of bitcoin market is not stable for this has been due to soaring plunge for increased market uncertainty. According to the US bitcoin counter website, in recent weeks, bitcoin trading has been beset by technical failure and severe concussion, though the price of virtual currency has reached a record high.
Some critics have warned that unscrupulous bitcoin traders may manipulate prices on the underlying market and make a profit in the futures market.
Digital asset transactions have high risks. Stay cautious and invest in your own risk.
