Bitcoin Value Now Translucent Rp 78 Million, What Causes?
The value of digital currencies bitcoin through the all time high, which is 5.856 US dollars or equivalent about Rp 78 million on Friday (13/10/2017). Thus, the valuation of bitcoin circulating around the world today reaches the range of 96.7 billion US dollars.
Quoting CNBC on Saturday (14/10/2017), the figure is much higher than the US giants Goldman Sachs and Morgan Stanley and Netflix technology companies. If bitcoin is a stock issuer in the stock market, then bitcoin will be the 15th largest issuer on Nasdaq and number 58 on the New York Stock Exchange (NYSE).
Many investors view bitcoin as a commodity as well as a currency. Then, what exactly is the cause of the fantastic bitcoin strengthening it?
"This sign of demand for bitcoin is still very high worldwide," said Bitcoin Indonesia CEO Oscar Dharmawan told Kompas.com.
Oscar called it, the price of demand for bitcoin is one of them because some countries like Japan have legalized bitcoin. In fact, the digital currency has also been overseen by local financial bosses.
Throughout the year, the value of bitcoin has jumped nearly 500 percent. Reinforcement was mentioned also because of speculation that China was going to lift the ban on the use of digital currency.
In Indonesia alone, based on bitcoin.co.id data, per Saturday afternoon, bitcoin value has reached Rp 72.7 million. In 2015, bitcoin.co.id, as the first bitcoin spot exchange in Indonesia, has more than 50,000 members.
As of February 2015, the average daily volume of bitcoin.co.id exceeds Rp 500 million. This makes bitcoin.co.id the largest bitcoin exchange in Southeast Asia.
kompas.com Click here
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