Bitcoin prices today are trading around the $ 8,044 / Bitcoin threshold, pulling off atlcoin prices.
Bitcoin also has a downward trend in the virtual money market. Up to now, the 10 most valuable virtual currencies have gone down.
Bitcoin in particular and virtual currencies generally started the week actively as the world's largest digital money event took place. Consensus 2018 within the blockchain week in New York has brought a great thrust to the market in the past three years.
However, the developments from the beginning of the week seems to be not going in the right direction, although many analysts previously forecast a strong increase. This market slump seems to be reflecting some of the effect from last week when Korea's biggest trading platform, Upbit, was suddenly tested.
US Federal Reserve Chairman James Bullard has explained that digital coins are beginning to work as non-uniform currencies, with more than 1,800 coins, many of which are traded at prices. Different in the same market. Money like this has historically been eliminated and replaced in the financial markets.
He has made a series of negative reviews about virtual money, the CEO of Berkshire Hathaway said that Bitcoin or similar futures will not sooner or later disappear.
Recently, the Government of Thailand has officially levied virtual currency, which since May 14, the property transactions on the network tax rate of 15%.
Thai banks are banned from investing, selling, conducting transactions and opening up digital money trading platforms. Banks are also banned from lending for the purpose of buying virtual currency, not allowed to introduce virtual money as an investment tool to customers.
Many countries like China, India and some countries have banned virtual currency transactions. European Union (EU) officials have also called for tightening control over digital money.