Bitcoin in Indonesia Free Falls

in #bitcoin6 years ago (edited)

Bitcoin down

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A number of digital currencies sold at www.bitcoin.co.id are sold at Rupiah down 24% for 24 hours. In addition to bitcoin, other currencies, such as Etherum, Stellar Lumens and Ripple were down over 11% at 18.00 WIB compared to the same day one day ago.
Such a decrease never happened during the past year. Bitcoin had reached its highest price in early January 2018 reached Rp255.000 million per coin. This number is thousands of times that at the beginning of last year only Rp55 million. However, after peaking, bitcoin continues to decline until now Rp179 million.
Previously, Bank Indonesia prohibited the use of digital currency as payment. According to Bank Indonesia, the price of cryptorruency is too fluctuating, high risk and does not have a clear price base. In addition, South Korea and China also prohibit transactions using this currency.
Here's the price of bitcoin and other cryptocurrencies that business summarized through the vip.bitcoin.co.id website:
-Bitcoin / BTC
Price: Rp179.500.000
Decrease: 11.73%
-Bitcoin Cash / BTH
Price: Rp29.998.000
Decrease: 16.69%
-Bitcoin Gold / BTG
Price: Rp3,367,000
Decrease: 24.68%
-Etherum / ETH
Price: Rp16.396.000
Decrease: 15.92%
-Etherum Classic / ETC
Price: Rp504.800
Decrease: 19.27%
-IGNIS
Price: Rp8.019
Decrease: 19.88%
-Litecoin / LTC
Price: Rp2.948.000
Decrease: 16.2%
-NXT
Price: Rp4.992
Decrease: 19.33%
-Waves
Price: Rp134.00
Decrease: 15.19%
-Stellar Lumens / STR
Price: Rp7.290
Decrease: 20.33%.

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