BITCOIN IS DEPLOYED BECAUSE OF THE 11500 $

If there is anything that could harm crypto currencies, that is regulation. At least it is what seems to have been showing in recent weeks as awareness grows (do not want to be invested in cryptocurrencies) by the authorities of different countries to bring to light the black money that is hidden behind the network . China has already intervened to close the bitcoin mines while South Korea is considering banning cryptocurrency trading .

This is why Bitcoin has plummeted more than 34% since its record highs on December 20, after its debut in the Chicago futures market. But not only bitcoin is suffering the flight of investors, the rest of criptodivisas are also being dragged, including Ripple, which last night sank 17% , the only one that seems to stay within its correction is NEO

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"Investors have to be prepared to lose all their money," Steven Maijoor, president of the European Securities and Markets Authority , said in a Bloomberg interview . "It has extreme volatility, which undermines its use as a currency and is not internationally accepted," he said.

That after the US SEC issued a statement warning investors of the lack of protection they have against cryptocurrency and the "greater risk of fraud and manipulation . "