Bitcoin prices continue to decline: Bernanke said there were “serious problems”

Bitcoin prices continue to decline: Bernanke said there were “serious problems”

Bitcoin prices on Wednesday (November 25th) the disc under further pressure, short-term downward trend continues.

BITSTAMP announced the price display, bitcoin / $(XBT/USD) yesterday’s rebound peaked at 323 level, the transaction fell again to 317 days the Asian plate level below.

(bitcoin / $chart source: Peng Bo, FX168 financial network)

KRAKEN announced the price display, bitcoin / euro (XBT/EUR) yesterday’s rebound peaked at 305 level, the transaction was confined to the vicinity of 298 Arias disc.

(bitcoin / Euro time chart source: Peng Bo, FX168 financial network)

Bitcoin trading network announced pricing showed bitcoin / yuan yesterday’s intraday rebound by 2075, the transaction disc is once more fall to around 2030.

(30 yuan / minute bitcoin source: bitcoin trading network)

The industry, former Federal Reserve Chairman Ben Bernanke warned that bitcoin “serious problems”, although this digital currency “from a technical perspective looks very interesting, but is not ready to replace the traditional currency for.

Bernanke said in an interview with the Quartz, the payment system in the world today is rapidly evolving, new methods of payment management constantly, some bitcoin related concept no doubt can help these advances. But bitcoin itself has some serious problems.

Bernanke think, first of all, it does not provide bitcoin price stability. The sharp fluctuations in the value, but also did not become a widely accepted medium of exchange. Secondly, the real problem lies in its anonymity. This is its characteristics, but also its bug. This makes it much easier to become illegal trading tools.

Bernanke called on government officials to strengthen the supervision of bitcoin and the monitoring of its activities.

Beijing time 13:06 on November 25th, bitcoin / USD / Euro 318.41, bitcoin bitcoin / report 300.35, reported 2057 yuan.

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