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Bitcoin Price Plummets, Indonesia Bans Digital Currencies

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After a record breaking day for bitcoin, the crypto currency's value has plunged by thousands of dollars Reaching over $19,000 on some exchanges on Thursday, Dec

7, the digital currency took a hit, dipping back below $14,000 Bitcoin price tracking website Coindesk recorded a high of over $17,000 on Friday, and a low of around $13,900 Bitcoin's recent surge in value has been driven in part by the fact that major exchanges such as the Chicago Board Options Exchange will soon allow trading in bitcoin futures Meanwhile Indonesia's central bank has announced it will ban the use of bitcoin and other digital currencies for making payments in the country The bank's deputy governor said the currency has a weak foundation and is highly volatile, making it likely to have a negative impact on the economy

The ban will go into effect on Jan 1 For United News International, I'm Matt Paul

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Hey hey hey. It’s Ville and welcome to my blog. I am a tech enthusiast and always looking for ways to generate new income streams. At the moment Bitcoin cloud mining is one of the most promising ones and that’s why I created this website. Hope you like your stay. If you want a quick start guide about making passive income with cloud mining check out this guide.