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The bitcoin loses the dimension of the $ 4,000 after criticism from the chairman of JPMorgan

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The bitcoin loses the dimension of the $ 4,000 after criticism from the chairman of JPMorgan

The financial regulator uk warns of “high risk” of use of criptomonedas to get money

The bitcoin, virtual currency's most famous, takes months to surprise of all investors. To be an invention in which not many trust –or understand - has gone on to increase as foam, reaching to touch barrier of $ 5,000 at beginning of this month. But this development is viewed with skepticism in different sectors. The criticism stronger you just get one of bankers most powerful of Wall Street. Jamie Dimon, chairman of JP Morgan, he crossed out criptomoneda of “fraud” and said he “will not end well”. The price of bitcoin, low in last few days, has reacted with a drop of more than 6%, losing for first time since August level of us $ 4,000, according to website Coindesk.


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The criticism of Dimon are not new. Various analysts have been predicting failure of bitcoin. It is true that it has not managed to become a means of payment in usual day-to-day. But its stock has taken a dramatic leap in last seven years.

it Was in 2010 when for first time someone was willing to offer a consideration for a bitcoin: was a man who offered to pay for two pizzas in exchange for 10,000 units of this virtual currency n virtually unknown. Since n, bullish run has been impressive. And 10,000 units that seven years ago were used to buy a couple of pizzas today would be valued at close to $ 40 million.

Besides attacks of president of JP Morgan, bitcoin and or criptomonedas face or problems. The main financial regulator in Uk (FCA, for its acronym in English) warned Tuesday of “high-risk” posed by use of se digital currencies as a mechanism to obtain funds, since it is “a speculative investment”. “Before investing in ICOs –English acronym of Initial Offer of Currencies, operations to raise funds in which are used criptomonedas - you have to be aware of risks involved. You only need to invest in a project ICO experienced investors who trust fully in quality of project itself, and be prepared to lose all of investment,” said FCA.

The projects funded through ICOs have also generated controversy in China. The Government banned last week this kind of contests public crowdfunding to promote specific projects through technology blockchain with argument that y are a mechanism of illegal financing. Beijing also launched an investigation on 60 platforms chinese dedicated to management of this type of deals.


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