At the time Bitcoin was first released and traded, its value is only $ 0.1 / 1 BTC (about Rp 1,300 / 1 BTC). From 2009 to 2013 Bitcoin exchange rate reached 12,000 times increase, ie up to the price of $ 1,200 / 1 BTC (about Rp 15.8 million / 1 BTC). Then in the third quarter of 2017, the price of Bitcoin reached its all-time high of $ 6,194 / 1 BTC (Rp 81.7 million / 1 BTC). If we look at the total increase from 2009 to 2017 (within 8 years), Bitcoin's price has gone up by 61,940 times / 6,194,000%, a truly fantastic growth for a currency.
- Bitcoin controversy
No wonder so many speculators and investors are now investing in Bitcoin. The goal is to gain multiple benefits with only a short time. Many people are convinced of Bitcoin's future as well as blockchain technology. Bitcoin is considered able to solve the problems that have occurred to date, and replaces the cash as a whole. Even the Swiss state has practiced the "Kingdom without cash" scenario.
But now many people are criticizing the crypto currency, many are worried that the scheme of growth is too high alu scheme is a giant scam that will occur again like Tulip Mania incident that occurred in the year 1637 ago. Where something that is not valuable at all, turns into something very expensive in a short span of time. As a result, a massive price collapse near 0 occurs in a short time as well, resulting in millions of people losing their money without any guarantee of refunds at all.