European Union Warns:Bitcoin losses not protected

China from Europe after the ban Bitcoin digital currency 's warning came on. Banking Authority, said that one should be cautious in trading was. People using bitcoins and other virtual currencies are on their own when it comes to losses not protected.

The European Banking Authority ( EBA) , the official web site of the Sale against Bitcoin gave the message that one should be cautious . In a statement, EB shopping using digital money or financial transactions that the protection of consumers in any arrangement , so there is a risk of losing the entire investment , he noted . EBA , the value of Bitcoin said that he would always remain constant . European institutions , the digital currency is vulnerable to theft , he said.

1 MILLION THEFT

According to a report in the Financial Times Bitcoin $ 1 million was stolen until now . This money allowed the likelihood of finding low. Digital currencies such as whether a central bank is bound to protect investors and deposit to guarantee the authority could not well located. Bitcoin 9 percent this year, saving thousands of dollars , surpassing the 1200 record. Bank of China in the past week or banks not to process transactions Bitcoin first step toward insuring scored . Fed Chairman Ben Bernanke cautious attitude exhibited in the congressional session , despite the anti-money laundering prevented the use of Bitcoin could be a positive development in the blood .

SERIOUSLY TAKING TIME

Financial Times columnist John Authers , Bitcoin bubble of time to be taken seriously , he said. Authers penned an article on the subject area , which has a limited supply of Bitcoin value variables can be noted by everyone . Authers investment in virtual money is nothing more than gambling , he said. Digital currency balloon warnings came from the financial world . Merrill Lynch and Societe Generale warned balloon for Bitcoin . Bitcoin , recent investors know and understand exactly what happened as a concept that was reflected in the headlines . British The Guardian " Bitcoin weapons of mass destruction ," while Marc Faber " Investors will be disappointed " warned .

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