As regulations elude cryptocurrency market, players feel trading in virtual currency had become akin to playing with fire and had made them vulnerable to scams and ponzi schemes. First, they (exchanges) jacked up the cryptocurrency prices when it was doing very well in late 2017. People wanted to withdraw money from them but they (BuyBitcoin.org.in) were not giving. Sathvik Vishwanath, co-founder of Unocoin, said the cryptocurrency market will find its way out of all this and succeed. It could be a scam," warned the virtual currency expert.

Source: dna May 09, 2018 00:22 UTC