{"id":32870,"date":"2018-01-19T10:22:43","date_gmt":"2018-01-19T02:22:43","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=32870"},"modified":"2018-01-26T15:08:09","modified_gmt":"2018-01-26T07:08:09","slug":"bitcoin-crash-suicide-info","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/bitcoin-crash-suicide-info","title":{"rendered":"Bitcoin Market Crash Prompts Forum To Post Suicide Help Info"},"content":{"rendered":"
When Bitcoin value dipped by over 25%, a sub-forum on Reddit posted suicide help information to mitigate suicidal feelings among Bitcoin investors.<\/p>\n
The rise in Bitcoin value has attracted a large number of investors to trade the cryptocurrency, but many have fallen victims to the unregulated market that is extremely volatile.<\/p>\n
Bitcoin value recorded a high value of US$20,000 (RM79,000) last month and now has dipped to just over US$11,000 on Friday.<\/p>\n
Those who jumped on the bandwagon after regulators began cracking down are taking actual losses.<\/p>\n
\u201cIf you feel you might be suicidal and live in the United States, I urge you to call the Suicide Hotline at 800-273-8255 or navigate to http:\/\/www.suicidepreventionlifeline.org\/ for a live chat and additional resources,\u201d a user posted on the r\/Cryptocurrency subreddit.<\/p>\n
Subreddits are effectively specialised sub-forums on Reddit.<\/p>\n
\u201cIf you do not live in the United States please seek out local resources. \/r\/SuicideWatch has a list that may cover your country: \/r\/SuicideWatch\/wiki\/hotlines. Let others know if you need any other guidance to people who help.\u201d<\/p>\n
Similar to most other countries, Bitcoin in Malaysia operates in a grey area, where it is not accepted as legal tender but using and trading it are not illegal.<\/p>\n
Bank Negara Malaysia will expand its anti-money laundering laws to cover Bitcoin, but will not regulate it and other cryptocurrencies.<\/p>\n