Bitcoin investors get cautioned, RBI gives strong warning

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Bitcoin investors get cautioned, RBI gives strong warning
The price of the worldwide cryptocarcity bitcoin has risen for the first time from $ 12,000. Earlier, on November 29 this was $ 10,000. With this reaching this level, RBI has cautioned investors in India.
RBI introduces circular
RBI has issued a circular on Tuesday, saying its experimenters should be cautious about the upcoming hazard. The investor himself will be responsible for whatever economic, social, operational and legal consequences.
The value of Google Finance data bits has increased by $ 12285 on Wednesday. The price of bitcoin has doubled in the past one month. According to Luxcomber, according to the Bitcoin Exchange, this year, Bitcoin started their journey with $ 1,000, which means that in the beginning of January, instead of a bitcoin, it got 1000 dollars.
This currency came into existence eight years ago.
Bitcoin started with an encrypted software in 2009. Humans come to know that this software code was written by a moderate person. The name of which is similar to the Japanese name. However, bitcoin does not have any statutory rates.
Bitcoin is not supported by any country's central bank. Many countries have expressed concern over this issue. Its trading takes place on a special platform. Depending on it, you can pay from a glass of beer in London to Manicure. In this currency the transaction is low and trading is increasing.
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