Bitcoin Price Translucent IDR 500 Million, Up 400 Percent in a Year

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3 years ago
Topics: Bitcoin.com

Bitcoin  (BTC)  Crypto Asset Has  finally broken the highest history record, namely Rp. 500 million. (year ), the price of Bitcoin has increased by more than 400 percent. For the record, early 2020 the price of Bitcoin was only around Rp. 90 million.

Now 2 BTC is equivalent to Rp 1 billion. This is good news for Indodax members who store Bitcoin. For members who save more than 2 BTC, they are already billionaires, "Oscar Darmawan was quoted as saying from a written statement, Thursday (7/1/2021).

Oscar said Bitcoin is an attractive asset because it has a limited and definite supply and can be traced to its circulation and supply because of the blockchain technology behind it. This blockchain makes Bitcoin can also easily be moved anywhere as long as there is the internet.

It should be noted, Bitcoin was only created 21 million pieces. Currently, around 18.5 million pieces have been successfully mined.

"If the supply or supply of these assets is limited and the demand continues to increase, then the price will also continue to rise. This is likened to a rare item that many people want to have. Of course, the price is increasing, "he said.

He added, this is the reason people are interested in making Bitcoin an asset for investment . In addition, Bitcoin can be bought or transacted instantly or instantly and Bitcoin is also relatively very easy to sell back so it is very liquid compared to other assets such as property which is very difficult to resell.

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