Glancing at Bitcoin as an Alternative to Current Assets

in crypto-assets •  6 years ago 

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In recent years, crypto assets such as Bitcoin have attracted quite a lot of attention from the people of Indonesia, especially millennials as one of the current assets. Many people are interested in finding out more about the intricacies of crypto assets, but then are still hesitant because of the lack of information about the clarity of legality to general knowledge about the fundamentals of crypto assets themselves.

Seeing this phenomenon, on March 30, 2019, Coinone Indonesia, the crypto exchange service from South Korea held the 2019 Financial Hack event held at Menara BTPN, South Jakarta. This event was established in collaboration with several partners, including Jenius, Financial, and Trade Market Melody.

"We believe that basically people are interested in knowing about the way of money management and various ways to invest, so indeed the discussion given at this event concerns various aspects, including banking, stocks, forex, and of course crypto assets. Especially for crypto itself because in the eyes of ordinary people this asset is still a new concept that covers the technology side and also investment, many are actually interested but confused where to learn from. So, as one of the manifestations of the vision of Coinone Indonesia as a bridge to the world of blockchain and crypto, we hold this event to educate the public, "explained Sheila Suekto, Head of Business Strategy at Coinone Indonesia.

In the crypto session itself, several important things that were conveyed included the classification of crypto assets as commodities in Indonesia guaranteed by the Minister of Trade Regulation No. 99 of 2018 by Bappebti, the importance of conducting fundamental and technical analysis, as well as diversification as a basic principle to start trading crypto assets.

Seeing the good response and interest from the public, the 2019 Financial Hacks program is planned to continue every month during 2019 which is open to the public.

Coinone Indonesia is an IT company from Korea that aims to be the entrance for Indonesian people to get to know the innovative concepts of blockchain and cryptocurrency technology. Affiliated with the Coinone Korea Exchange, Coinone Indonesia, which officially operated on August 23, 2018, will provide safe and fast buying and selling of crypto assets for the Indonesian market. Globally, Coinone is ranked 62nd with a daily volume of US $ 34.2 million. Whereas in South Korea, Coinone is the third largest exchange.

Not April Fools, Bitcoin Rises Fast to 67 Million

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There was no lightning, there was no rain, suddenly the price of Bitcoin (BTC) rose rapidly to 17 percent, from US $ 4,190 today (11.19 WIB) to US $ 4,849 (12.29 WIB). Based on monitoring at Coinmarketcap.com, when this news was compiled, BTC fell slightly to 3 percent to the level of US $ 4,701. At Indodax, the price of Bitcoin was observed to rise rapidly at Rp67.1 million with a change of 13.7 percent in the last 24.

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The average Bitcoin price globally at Coinmarketcap.com

Reporting from Ethereumworldnews today, in mid-February 2019, BTC continued to rally, respectively 2.9 percent, then 1.58 percent, 2.86 percent, 1.73 percent, shrinking to 0.11 percent, and then scraped up to 3.18 percent during the week. That figure represents a rally of 13 percent, from US $ 3,600-US $ 4,160 starting on February 17, 2019.

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BTC / IDR at Indodax

At Indodax, the price of Bitcoin was monitored at Rp67.1 million with a change of 13.7 percent in the last 24. Volume also increased to Rp. 50.3 billion. On similar exchanges, following below the BTC DOGE / IDR trading volume surged to IDR7.4 billion with changes up to 16.7% in 24 hours. ETH / IDR ranked 3rd with IDR7.3 billion, followed by TRX with a volume of IDR5.9 billion. source

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