What you can see in the image below is the value of the bitcoin in recent years. It is easy to see the peak reached a few months ago, in December 2016, when it reached almost $20,000 per bitcoin. The world had gone mad, and many became rich with that movement.
But the good news is that the coin will no longer turn up in 2018. Falls have been constant, often due to safety problems that the bitcoin robot has allowed from some brokers.
A few hours ago, another one happened, a South Korean broker-dealer who has suffered an attack: Coinrail has lost 70% of its assets, and there is no way to locate them, as they have ended up in a cold wallet, not connected to the Internet. The estimated value lost is $40 million.
This new problem has affected bitcoin with another 10% drop in value. Right now, a bitcoin costs $6,700, which is much less than the $20,000 in December. This year alone it has already lost half its value, as can be seen from the cointelegraph.com data.
By the way, if you want to play at investing in Bitcoins, without putting real money in the theme, try bitcoinflip.app/game, so you can easily check the movement with “real numbers”.
Confidence in the currency is going through difficult times, although the technology on which it is based, the blockchain, is being reborn in sectors of all kinds. In October we will cover the IoT Solutions World Congress at the Fira de Barcelona, and from there we will have a section entirely dedicated to Blockchain. If you want to watch it with us, we have tickets available!