Anxiety In Bitcoin Prices Declines

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Recently bitcoin prices have declined steadily and perhaps this month is the lowest point of bitcoin prices from the previous month in 2018. According to one blog site in Indonesia, the possibility of declining its Bitcoin price is influenced by its advertising or marketing system. The bigger the marketing action done on a Crypto, the more famous the Crypto will become. And therefore there will be an advertising advertiser concerning Cryptocurrency.

Although Cryptocurrency ads will be completely blocked, ads on speculative products such as binary, forex and contract options for discrepancies will only be available to certain certified advertisers. In accordance with the new Google AdWords policy, Affiliate ads that take a snippet to refer new customers to this product will be strictly prohibited. Banning Google will affect ads on YouTube, which has become Cryptocurrency news.

Will bitcoin prices continue to deteriorate? Quoted from CNBC, a capitalist Venture and early Facebook Peter Thiel he will bet on bitcoins for his size, and it's likely to be a safe place like gold. "I will play for a long time in Bitcoin, and be neutral about any doubts about anything else at this point with some possible exceptions," Thiel said in a Thursday conversation at the Economic Club of New York. "There will be an online equivalent of gold, and what you will bet will be the greatest."

Bitcoin dominates more than 42 percent of market capitalization among the crypto on Thursday, while ethereum accounted for about 19 percent, according to Coinmarketcap.

"Gold continues to be gold because this is the main asset class," said Thiel. "Maybe it could be replaced with silver but it's not likely to happen."

The Founders Fund, which is run by Thiel, purchased about $ 15 million to $ 20 million in bitcoin, the Wall Street Journal reported in early January, citing sources familiar with the situation. Bitcoin rose 9 percent in the 24 hours after the report, according to CoinDesk data. The digital currency has shed more than 40 percent of its value since then, and is trading near $ 8,245 per 4:10 p.m. ET Thursday

Thiel's optimism does not cover all digital assets.

"I'm not sure I would encourage people to run right now and buy this Crypto," Thiel said.

Venture capitalists have long been bitcoin supporters. At a conference in October, Thiel said that people "underestimated" the digital currency.
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