Bitcoin price today (19/7): ' Bitcoin is not money, the risks with investors '

in #bitcoin6 years ago

Recently, the head of the US Federal Reserve Fed told Congress that Bitcoin and types of electronic money is really risky to amateur investors, and this is not real money.

725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9lMTZmZmIyOWY3NTUxOGY1NmE2ZDIzOTc0NmE1YjU3MC5qcGc.jpg

Reviews Bitcoin today (19/7) are at a level of US $7,285, with open rates are $7,378, this coin is dropped 1.26 percent from yesterday.

The highest price of the Bitcoin are is $7,378, the lowest price of the Bitcoin is 7,265 USD.

The number of supply Bitcoin is currently 17,156,925, respectively capitalization reached 125 billion dollars, down 3 billion with yesterday.

Ảnh chụp Màn hình 2018-07-19 lúc 08.24.41.png

' Bitcoin is not money, the risks with investors ' recently, head of the U.S. Federal Reserve Fed told Congress that Bitcoin and types of electronic money is really risky to amateur investors, and this is not real money.

Jerome Powell, who became Chairman of the Fed from February has said that: "The amateur investors who see money number price increases and they think this is great, I will buy this one and in fact do not have a promise in advance for what will happen".

"We need to protect investors and consumers," Powell added, and he said that the money of no intrinsic value should not be regarded them as real money.

Contrary to the views of Powell, co-founder of Avenue Capital Group, Marc Lasry, believed that prices would soon reach $40,000 Bitcoin.

In an interview with the Squawk Box, Lasry said his debt management company holding approximately 9.6 billion worth of assets, and when the Bitcoin can be traded easily over its price will increase drastically.

Investors anticipated Lasry Bitcoin can be earning five to 10 times their money within 3 to 5 years.

Earlier, Lasry also expressed regrets now not buy Bitcoin sooner.Some reports said that he has used his capital to 1% buy Bitcoin.

Share with CNBC on 18/07, Lasry said the reason he likes the Bitcoin is "because people will look to it".