Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Bitcoin falls 25 percent to $10,200 on Bitstamp exchange

Published 01/16/2018, 05:51 PM
Updated 01/16/2018, 05:51 PM
© Reuters. FILE PHOTO: A view of Ducatus cafe the first cashless cafe that accepts cryptocurrencies such as Bitcoin on their opening day in Singapore

SYDNEY (Reuters) - Bitcoin had lost a quarter of its value in early Asian trading on Wednesday as fears grew of a regulatory crackdown after reports that South Korea's finance minister said banning trading in cryptocurrencies was still an option.

© Reuters. FILE PHOTO: A view of Ducatus cafe the first cashless cafe that accepts cryptocurrencies such as Bitcoin on their opening day in Singapore

Bitcoin was last down 25 percent at $10,182.00 (BTC=BTSP) on the Luxembourg-based Bitstamp exchange.

Latest comments

https://www.tradingview.com/chart/BTCUSD/f5U3r9dY-HOLD-SELL-BELOW-19500-for-Longterm-to-5000/
Buy buy buy...soon to hit 25 30 grand..what goes down must go up..cryptos here to stay ..they would have to regulate it on a global scale and is quite difficult
BTC: 2015 Low was Jan 15 2016 Low was Jan 16 2017 Low was Jan 12 2018 Low was.... Next target $45,000
ALL market in correction!!
Governments are a legal way to take peoples money and spend it the way they want without regard for the person they took the money from.  This scheme was cooked up during the Roman era as tribute to provide services such as defense, garbage removal in large cities, water, sewer, roads, bridges, and police.  There were also public  places built where people could go such as public baths, stadiums, and brothels.  Now we are all slaves to this lifestyle we have lived by for centuries and allow politicians to manage our daily affairs.  I for one think that it it time for an accounting where governments have to publish a condensed financial report to we the people to look over.
Yeah how would you tax bitcoin? I mean a government is needed, but as you've said it should be accountable.
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.