Beware of Bitcoin, Sign of Fear?

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. On December 5, the Reserve Bank of India (RBI), the country’s central bank, cautioned investors of bitcoin, clarifying that the government is yet to regulate bitcoin and cryptocurrency exchanges within the local market. An official statement released by the RBI read: “Reserve Bank of India (RBI) on December 24, 2013, [cautioned] users, holders and traders of Virtual Currencies (VCs) including Bitcoins regarding the potential economic, financial, operational, legal, customer protection and security related risks associated in dealing…

Read More