♨💱Bitcoin Now Translucent IDR 82 Million Per Piece, What Causes💱♨

Virtual currency price OR Cryptocurrency bitcoin Continues to skyrocket. reports from the CoinDesk industry website reported on Saturday (10/21/2017) bitcoin prices broke through 6,100 US dollars or IDR 82.35 million (exchange rate IDR 13,500).

What causes it As quoted from CNBC, one of the causes is the increased demand for bitcoin, before the currency is split (split) known as "fork".

This "Fork" will create a new virtual currency derived bitcoin, the bitcoin gold. Set up bitcoin that will get the amount of bitcoin gold when the new virtual currency is published, in the simplest terms, they will get free money.

Alex Sunnarborg, founding partner of the company manager of cryptocurrency funds Tetras Capital, said that bitcoin holders are actually betting as bitcoin holders, despite the release.

Therefore, bitcoin has been doing "fork" in August when a new cryptocurrency was created called bitcoin cash. After this "fork", bitcoin continues to strengthen.

In addition, the bitcoin package is also caused by rumors that China is circulating that it will revoke its use of cryptocurrency for transactions. This rumor makes the bitcoin stronger.

Furthermore, bitcoin also strengthened due to large corporate blunders such as JPMorgan Chase mocking bitcoin. Previously JPMorgan Chase CEO Jamie Dimon said that bitcoin is "deception" or fraud. While people who invest into bitcoin are "fools".

In data collection conducted by CNBC last week, half respondents rate bitcoin prices will continue to crawl to the level of 10,000 US dollars.

One of the managers of hegde funds, Michael Novogratz told CNBC that bitcoin will break the level of 10,000 US dollars in the next 10 months. This estimate certainly helps with bitcoin demand.

Another factor, that is, large and cheaper companies open countries will use the virtual currency. Japan for example, this country of Sunrise allows local companies to receive payment in the form of digital currency.

According to the CryptoCompare website, Saturday (21/10/2017), as much as 57 percent of bitcoin trade is done in the yen.

However, many countries are reluctant to embrace the virtual currency as the official currency in payment transactions, even in China. In many countries, cryptocurency is still constrained by rules and regulations.

In addition, for those who are interested to invest should also be careful, because bitcoin itself has risen 500 percent in just a season.