The quote of the bitcoin settled this Thursday below the 10 thousand dollars in a new negative day for the cryptocurrency, which is worth less than half of what it was worth in mid-December, when the furor came to border the USD 20 thousand for unity.
Since then, bitcoin has marked a sharp decline and, although it had already drilled the USD 10 thousand mark at other times in January, it opened February below USD 9,200, at a loss of almost 10% in one day.
After knowing that Facebook will prohibit the cryptocurrency ads in the social network, the value suffered a new setback that affected the investors of bitcoin and other digital currencies. As the company explained, there were several similar ventures that used advertising on the platform to increase the expectation for its next release, without offering the necessary support.
In a statement, Facebook reported that it will prohibit any advertising that "promotes financial products and services that are often associated with deceptive promotional practices, such as binary options, initial offers of currencies and cryptocurrencies", without specifying whether it referred to all digital currencies, but it was still enough to increase the uncertainty about bitcoin.
The losses during 2018 were accentuated by each government measure that slowed the advance of its use, such as those employed in South Korea and China. On Thursday, the Government of India announced that it will take "all measures" to end the use of cryptocurrencies as a method of payment in the country and warned that it does not consider them legal currencies.
On the opposite way, countries like Japan already recognize them as a means of payment, and the currency was legitimized last December when it was accepted for the first time in two futures markets in the US, which increased its fury at the end of 2017.
Other cryptocurrencies, including Ripple and Bitcoin Cash, also had double-digit percentage declines, according to Coinmarketcap.com, which tracks markets.
Bitcoin is a virtual currency not regulated by any State or central bank, since it was worth only a few cents when it was created in February 2009 by several computer scientists who hid under the pseudonym of Satoshi Nakamoto