The interest in investing in Bitcoin seems to have crashed the Chicago stock exchange on its debut. The crypto currency started trading on the major stock exchange for about $15,000 per unit and some eight minutes later, trading was halted.
CBOE said: “Due to heavy traffic on our website, visitors to cboe.com may find that it is performing slower than usual and may at times be temporarily unavailable. All trading systems are operating normally.”
<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Due to heavy traffic on our website, visitors to <a href="https://t.co/jb3O722hoo">https://t.co/jb3O722hoo</a> may find that it is performing slower than usual and may at times be temporarily unavailable. All trading systems are operating normally.</p>— Cboe (@CBOE) <a href="https://twitter.com/CBOE/status/940001581482815498?ref_src=twsrc%5Etfw">December 10, 2017</a></blockquote>
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People wanting to invest for the first time on a regulated platform in the crypto coin were quick to point out their anger, with one user tweeting in response: ”Quite a pathetic launch of future on CBOE, it seems that the website crashed. CBOE site down eight minutes after Bitcoin launch.”
<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">I couldn’t resist! LOL! ✌️ <a href="https://t.co/rx1LrEJ9uE">pic.twitter.com/rx1LrEJ9uE</a></p>— Crypto_J (@jeff_dombrowski) <a href="https://twitter.com/jeff_dombrowski/status/940020691361026048?ref_src=twsrc%5Etfw">December 11, 2017</a></blockquote>
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It comes hot on the heels of another major country (China and Indonesia have already halted trading in Bitcoin) warning about investing in it.
India’s central bank sent out a warning to its citizens not to invest in the currency because of hacking: “In the wake of a significant spurt in the valuation of many virtual currencies and rapid growth in Initial Coin Offerings, the Reserve Bank of India reiterates the concerns.”
According to the government of India’s central bank, Bitcoin has the “economic, financial, operational, legal, customer protection and security related risks.”
And once again yesterday, China’s central bank warned against it very harshly, with Mr Gongsheng, deputy governor of the People’s Bank of China, saying in no uncertain terms: “One day you’ll see bitcoin’s dead body float away in front of you.”
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Can't handle the Bitcoin. Funny.