Bitcoin Prices Back Down, This Virtual Currency Experienced 12 Percent Decrease in 24 Hours

On Friday, for the first time since November 2017, the value of bitcoin fell below 8,000 US dollars or about Rp 107.6 million per chip.

The virtual currency has dropped 12 percent in 24 hours.

At the same time, other cryptocurrencies such as ethereum, litecoin, and ripple also experienced double-digit declines of up to 18 percent.

A decrease in a number of virtual currencies at the same time suggests a collective problem in cryptocurrency, rather than an individual invocation of each virtual currency

Beginning in 2018 is indeed a tough start for bitcoin due to strict rules of some countries. As China is taking a firm step on the exchange of bitcoin.

Bamboo Curtain also overseas bans for bitcoin-related company executives.

Similarly, South Korea is planning to crack down on cryptocurrency owners who use it for illegal transactions, as KompasTekno sums up from Neowin on Sunday (4/2/2018). India and Britain are also the same money.

In the realm of social media, Facebook prohibits the display of ads that promote cyrptocurrency in its network.