Based on a report from CNN Indonesia that bitcoin prices continue to be at its lowest price in the last four months. Currently bitcoin is priced at Rp86 million (US $ 6085.59). This price is down 8 percent from the previous US $ 6,177.45, this is the lowest bitcoin price since February last month. The cause of this fall in prices is affected by the many negative news about bitcoin. One of them is related to the orders of Japan's financial regulatory body that asked six companies cryptocurrency exchange in the country to improve its own anti-money laundering system.
This is in line with the recent downward trend. Throughout 2018, Bitcoin prices have dropped 56 percent after rising 1300 percent by 2017.
image https://pixabay.com/id/photos/bitcoin/
This is caused by the incidence of burglary brokers firms broke up in South Korea, Bithumb. The company's digital coin was stolen worth 35 million won (Rp444 billion).
Sometimes price swings are often blamed for events such as the hijacking of a crypto exchange agency or news from the government, explains Chris Tse, Cardstack's Director, the project leader who created the blockchain-based internet today.
image https://pixabay.com/id/photos/bitcoin/
At that time Bithumb Attack itself, started by infiltration in Coinrail, a relatively small cryptocurrency exchange company in South Korea.The infiltration caused the loss of about 30 percent of the coins traded in the stock market.
Tse notes that bitcoin is facing a tough situation, even before there are unintended events.
Thus the yellow warning (colored) flag that waves (Sempat) there is great excitement, then a big accident, and now we are cleaning up the debris and figuring out what is going on, (Tse says.)
The impact with bitcoin decline, other digital currencies also declined. Ethereum, the second-largest digital currency after bitcoin, fell 10 percent to $ 472.99.
