Bitcoin Transactions in Indonesia Translucent Rp 1 trillion / Day

in #cryptocurrency7 years ago (edited)

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Cryptocurrency or crypto money including bitcoin is now the talk of both the world and the country. Including marketplace like Bitcoin Indonesia has fantastic transaction value every day.

CEO of Bitcoin Indonesia Oscar Darmawan explained, currently members in Bitcoin Indonesia recorded 1.1 million members.

"Our members are 1.1 million, with total transactions reaching Rp 1 trillion per day," Oscar said in a Floor Exchange discussion at IPMI International Business School.

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He explained that currently bitcoin.co.id has been included in the top 50 coinmarketcap. Just for information, Bitcoin Indonesia today is a marketplace that brings buyers and sellers who will transact with a cryptocurrency token.

Bitcoin Indonesia not only sells bitcoin but there are about 18 types of crypto money on display at bitcoin.co.id. Like Ethereum, Litecoin to Ripple.

Oscar revealed, there are currently about 1508 digital assets worldwide with a market capitalization of US $ 529 billion. But he explained from 1508 it is not entirely digital assets are clean of the regulations.

"There are digital assets that have problems, such as multilevel marketing (MLM), stocks, so if you are interested in getting into digital assets must really be studied, do not get stuck into troubled assets.

Bitcoin was developed in 2009, but by the end of August 2013 the total value of Bitcoinyang in circulation has exceeded US $ 1.5 billion with a total transaction worth millions of dollars every day.

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In 2014 that is with respect to Law no. 7 Year 2011 on Currency and Law no. 23 of 1999 which was amended several times, most recently by Law no. 6 Year 2009, Bank Indonesia states that Bitcoin and other virtual currency are not valid currency or payment instruments in Indonesia.

People are encouraged to be careful of Bitcoin and other virtual currency. Any risk associated with the ownership / use of Bitcoin is borne solely by Bitcoin owners / users and other virtual currency.

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Hey @alamsteem, the markets are pretty crazy right now. Crypto is back to a weird space but I know long term it's still what we're all hoping it will be! Cheers

Although crypto is very crazy and like a ghost, but hopefully what we all hope to be more crazy again

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin8496.360$-0.87%2.59%
ETHEthereum522.817$0.18%-2.67%
LTCLitecoin160.521$0.6%4.16%
XRPRipple0.633$-0.82%-4.76%