Shadows Crypto and Bitcoin Currency Risk in 2018

The fear of the decline in prices of Bitcoin and other crypto currencies is suddenly still warmed up. Is it true that the future of digital money is getting worse in 2018?

Crypto currency became a byword throughout 2017 yesterday. The price of the king of the crypto currency: Bitcoin continues to skyrocket.

Beginning of August, Bitcoin set a new record: for the first time, the price of 1 Bitcoin is more expensive than 1 ounce of gold. It was equivalent to US $ 4 thousands, or about Rp55-56 million.

Looking more backward, the achievement is more bombastic. In 2012 then, the price of 1 BTC (unit Bitcoin) is about US $ 15, now? The price is more than US $ 15 thousand, was predicted to touch US $ 60 thousand in 2018.

Observers are divided, some consider this to be good: as an advance, others consider the trend to be short-lived. Commonly referred to as Bitcoin Bubble-a commodity price state soared to form a bubble, which is feared to break at any time.

"Call it 'bubble' if you like, but can you really get away from crypto currency?" Said market analysis expert Naeem Aslam, opening his writing in Forbes about the prediction of the fate of crypto currency in 2018.

Aslam who claims to have crypto currency such as Ether, Ripple, Bitcoin estimates that during 2018, investment in crypto currency will remain a trend and will not harm at all. He himself did not deny that the worries about the bubble make sense. "Seeing this number makes you think that no more (incident) this is a bubble, because the growth of this great is indeed unprecedented," Aslam wrote.

But for him, the most important question of the condition is: can you still make money while you still think it's a bubble? "The outspoken answer: if you are able to survive to lose some money that will not change your life, then bet," he said.

Aslam's intention, if the average income of Americans aged 20-64 years is US $ 27 thousand to 50 thousand per year, then investing US $ 100 alone will not interfere financially.

In Aslam's calculations, while looking at the development of crypto currency over the past year, investing $ 100 in Ripple in January 2018 will cost US $ 35,259 in December. Even investing in crypto currency that is not too high priced MaidSafeCoin, will still generate $ 948 at the end of the year.

"If an investor dares to plant US $ 100 on the 10 highest crypto valuations valued, the total profit of a year earned up to US $ 64,707," Aslam added.

Still from Forbes report, Kenneth Rapoza, other crypto currency observers also saw a bright future for these digital money investment investors. He sees Etherum, NEO, and Ripple are examples of other crypto currencies considered to have ever stretched.

Etherum for example, is not too popular like Bitcoin in its early presence. In the first 18 months the exchange rate of 1 ETH is only about 10 US dollars. New in March then rose slowly, and peaked with the value of US $ 395 equivalent in June 2017, although again fell to US $ 155 in July.

However, since it first came out in 2015, the Ether value - the Ethereum currency design - rose to 2,300 percent by mid-second quarter-2017. Now, in the first 24 hours of January, the total value of traded Ether coins is worth up to US $ 3 billion.

Total market capitalization of Ether reached US $ 84.12 billion. "Which means, the Russian-developed blockchain technology is now worth about $ 15 billion more than Brazil's controlled oil company, Petrobras. A company with more than 60 years of experience in the oil and gas market, "said Rapoza.

The current market capitalization of Petrobras is about US $ 71 billion with assets worth real money, unlike Ether.

In Indonesia, the number of enthusiasts alias crypto currency investors are also growing. According to Bitcoin Indonesia, the largest domestic exchanger company, there are about 550 thousand people who have joined to invest. Though only recorded about 50 thousands of people in 2015.

Bitcoin, introduced in 2009, as a global digital payment tool with no geographical borders, began to disrupt commodity-used as an investment asset. Bitcoin is touted as "digital gold".

Oscar Darmawan, CEO of Bitcoin.co.id, said the term "Bitcoin Bubble" made him confused. "Speculation about Bitcoin is Bubble has been around since the price of 1 Bitcoin is still one dollar, 100 dollars, and 1,000 dollars. And until now there is still bubble speculation. Bitcoin price up and down it, I think is still reasonable, "said Oscar

However, different perspectives from the Indonesian government. Bank Indonesia (BI), as the regulator actually assess investing in crypto currency is very high risk. "I want to say that the risk is something that should not be taken lightly, it is something that should not be regretted if there are people who want to know more about Bitcoin," said BI Governor Agus Martowardojo at the Bank Indonesia complex in Jakarta on Monday (11/12 / 2017) as quoted from Antara.

As a currency or a means of payment, Bitcoin and other crypto currencies are denied. Because in the law in Indonesia, he is not valid if used as a means of payment. However, its circulation is by no means forbidden, as long as it is considered a commodity, like gold.

Now only your courage: take the risk or not, amid the uncertainty of "digital money" will happen double or bubble