Tuesday, February 20, 2018

The creator of Ethereum warns against the speculation of cryptocurrencies :


Cryptocurrencies have become very popular since the soaring course of Bitcoin, to the point of worrying governments. And today, it is the creator of Ethereum who evokes the dangers of this runaway.

Vitalik Buterin is only 24 years old, yet he created one of the most popular cryptocurrencies today: the ethereum. The Russian-born Canadian shares "Cryptocurrencies are still a new and hyper-volatile asset class, they could fall close to zero at any moment" adding "Do not put more money than you can afford to lose. In these currencies, if you're wondering how to put your savings, traditional assets are still the most sustainable solution. "

The recent fall of Bitcoin from over $ 20,000 to less than $ 10,000 has resulted in heavy losses for a host of investors. Recently, some countries announced the closure of certain trading platforms while banks announced that they would block the purchase of cryptocurrency with credit cards.

The forecasts of analysts are jostling the cryptocurrency market with as many theories as there are different currencies, but without any certainty as to their application. Ether has risen from $ 13 to $ 900 in barely a year, but there is no indication that rising values ​​will continue.
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