Pennsylvania Lists Bitcoin, Binary Options and Marijuana among Biggest Risks for Investors in 2015

The Pennsylvania Department of Banking and Securities (DOB) has warned of what it says are the top four emerging threats facing investors in 2015. They are stream-of-income investments/virtual currencies, binary options, marijuana industry investments and Cybersecurity Cybersecurity Cybersecurity is a blanket term that refers to the protection of computer systems and networks from the theft.More broadly speaking, cybersecurity can also represent countermeasures against damage to hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide.It was not long ago that the term cybersecurity not exist as it was first used in 1989. In today’s vernacular cybersecurity, refers to measures taken to protect a computer or computer Cybersecurity is a blanket term that refers to the protection of computer systems and networks from the theft.More broadly speaking, cybersecurity can also represent countermeasures against damage to hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide.It was not long ago that the term cybersecurity not exist as it was first used in 1989. In today’s vernacular cybersecurity, refers to measures taken to protect a computer or computer Read this Term threats.

Christina Kotsalos, the DOB's Director of Investor Education, said that investors may rush into such investments without a clear understanding of what they are, only to learn later when their return "may not be exactly what they signed up for." Growing trends are the best bait and scammers know this. On virtual currencies such as Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term, she said:

"For example, virtual currencies, we want to make sure they first understand what virtual currencies are and how they work. If they can’t sleep on it, on an investment decision they may have already made, then it probably means it wasn't a good choice. We definitely stress they shouldn't be rushed, they should check it out first."

Indeed, there was an aura of euphoria just over one year ago when bitcoin prices soared past $1000. This attracted investor attention and led to predictions that prices will spike even higher.

On binary options, she said the risks include illegal distributions, fraudulent promotion schemes, identity theft and denying withdrawals.

Marijuana industry investments, even if legitimate, may also be high risk.