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161  Economy / Economics / Re: Does bitcoin really work as real transaction ? on: November 28, 2017, 03:32:26 AM
Bitcoin can be used for real transactions such as in some countries eg japan, america, south korea which has legalized bitcoin so it is commonly used for shopping. We can see ads on youtube that appear easy in transactions using bitcoin to buy coffee and takes place very quickly and easily only requires internet network. Bitcoin can work real only if the government has legalized it so it can be used in everyday needs and this is a new way of transacting.
162  Bitcoin / Bitcoin Discussion / Re: What's your biggest regret about bitcoin on: November 28, 2017, 01:35:46 AM
My biggest regret is that sometimes I still doubt the bitcoin and feel that bitcoin is now at its peak or the price will not go up again but the bitcoin price continues to rise past my prediction. That's when I began to feel my regret for not investing in bitcoin and sometimes I also regret not immediately doing activities or jobs that produce bitcoin such as cloud mining, signature campaign and others.
163  Bitcoin / Bitcoin Discussion / Re: Why are so many people against bitcoin? on: November 27, 2017, 09:06:58 PM
Many people against bitcoin because they can not understand about bitcoin and still rely on old payment systems. their opinion bitcoin is a currency that is very detrimental to them, for example the bank strongly opposed the use of bitcoin, but they do not realize that bitcoin can provide real and greater benefits to the user because the price is always increasing and the benefits can not be obtained from the bank.
164  Economy / Trading Discussion / Re: How do you trade your crypto currency? on: November 27, 2017, 12:39:02 PM
I exchanged my crypto currency at bitcoin.co.id site why I chose bitcoin.co.id site because on this site we can do bitcoin storage and trading and the main reason because in this site we can also exchange bitcoin into applicable currency in my country that is Rupiah. Another advantage of this site is that we can also redeem other coins into bitcoins according to the prices on the market and we are also free to include prices on our traded bitcoins.
165  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: November 27, 2017, 09:52:04 AM
I think if bitcoin is stable then bitcoin fans will soon switch to another coin. we know for ourselves the number of bitcoin enthusiasts due to the fluctuating bitcoin price as we see now the price is always up and down but we note that although bitcoin prices are rising but the increase is very high rather than falling prices so it becomes the most important bitcoin excess in the appeal of other coins that gives big advantage to investors.
166  Bitcoin / Bitcoin Discussion / Re: Are The Banks Scared of Bitcoin? on: November 27, 2017, 08:32:23 AM
No, banks are not scared of Bitcoin because they are also useful in terms of saving a money. Banks are secured no one can easily hack your account and if you caught stealing a money in the back, you will go to jail. You can change your Bitcoin into real money and put it in a bank.

I am sure banks are afraid of bitcoin because bitcoin is considered a big threat to banks imagining in some countries that prohibit the use of bitcoin because it is feared by the public or Bank investors will switch to bitcoin, just imagine its growth so fast in just a few years that it has been legalized in some countries like japan, america, Denmark, south korea so bitcoin has started to equal the bank or it could threaten the bank.
167  Bitcoin / Bitcoin Discussion / Re: Can bitcoin survive? on: November 26, 2017, 03:04:41 AM
Although at the end of coin coins are emerging many that mimic bitcoin and some even have started to grow and already have many fans in the world. but bitcoin has dominated the market and has become the best coin now and the price hike is so fantastic that rolling it now is very unlikely and ultimately can survive.
168  Economy / Economics / Re: Being a Smart Person or Strategic on: November 25, 2017, 09:13:59 PM
Being Smart or Strategic is the mindset of someone who has a lot of intelligence but he does not have a future strategy then usually the person will be utilized or become employees by people who have a future or strategic mindset because people who think strategically will tend to invest and plan in the long run so do not be surprised if strategic people tend to be richer than smart thinking but not strategic.
169  Bitcoin / Bitcoin Discussion / Re: Legalization or public awareness? on: November 25, 2017, 01:10:01 PM
legalization or public awareness, I chose community awareness because bitcoin growth is so fast without government help that bitcoin does not require legalization to flourish but it is with this community consciousness that has made bitcoin development to this day. Bitcoin also does not require the government to regulate bitcoin because of the identity or characteristics of bitcoin that keeps its users secret, freedom of transactions and freedom in managing the economy freely without government intervention.
170  Economy / Economics / Re: Do you think bitcoin ever be safe for any investment ? on: November 25, 2017, 02:24:15 AM
I think it's very safe because I've never heard bitcoin news successfully hacked or fake like real money. Bitcoin can also be easily transferred even in large quantities or can be converted to the original currency so it's very safe what else plus the increase in the price is so high that bitcoin is also a good investment and profitable. but the security will not guarantee if the owner is not careful in using it, even if you save in the bank will be lost if the owner itself is not careful so the owner is also very important role to be safe.
171  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not supported in some countries? on: November 25, 2017, 12:22:33 AM
Most countries that forbid bitcoin are communist countries where the country is fully in control of the economy of its people so it would be contrary to the very privacy bitcoin and even the state can not set the bitcoin so that the communist state would definitely prohibit the use of bitcoin. Bitcoin is also considered to weaken the currency of a country because of very large exchange rates and bitcoin is also not clear who is managing it so this is also a reason to ban bitcoin in some countries.
172  Economy / Speculation / Re: Can Bitcoin still reach $8k this year? on: November 24, 2017, 12:16:59 PM
I think it's not impossible bitcoin to rise to 8000 USD what else at the end of this year I think bitcoin prices will increase and this is the biggest price achievement in bitcoin history. By the end of the year many people will be doing bitcoin transactions to buy new year celebrations and this can make bitcoin prices increase and increase the popularity of bitcoin.
173  Economy / Economics / Re: USD vs BTC on: November 24, 2017, 05:16:44 AM
Bitcoin is too early for the equivalent of USD because USD is the most exchangeable currency in the world. USD can be used to shop in many countries in the world while bitcoin requires exchange with certain currency after it can be used. Although the bitcoin exchange rate is much higher than USD but the USD payment system has long been used and has become the largest payment system in the world so for now bitcoin is not possible to beat the USD.
174  Bitcoin / Bitcoin Discussion / Re: Bitcoin Will Kill The Income Tax on: November 24, 2017, 12:41:22 AM
I agree if bitcoin can kill the tax because what if there are entrepreneurs or officials who have enormous wealth if deposited in the form of bitcoin then the government will not know because the bitcoin system is very privacy. But on the other hand also people expect freedom of transactions without having to think of the distance between the state and society also want the ease of investment provided by bitcoin. then this is the impact of the free economy provided by bitcoin and this could be an added reason for the government to ban bitcoin. I believe that bitcoin has a good impact on the world economy but bitcoin also has a devastating effect on governments in regulating the country's economy but it all depends on the individual because all technological advances must have a positive and negative impact.
175  Economy / Trading Discussion / Re: Which knowledge is important for crypto trading? on: November 23, 2017, 07:36:10 PM
I already started crypto trading. But i cannot understand how to get profitable in crypto trading. How to understand which coin is the best for buy. I don't know how to become successful in crypto trading. So guys, please tell me which knowledge is important for crypto trading. Thanks...
The best knowledge for crypto trading is you must understand how you profit from trading results, how to buy coins when the price is rather cheap and sells when the price is high, nahh from the price difference you get a profit. So the best knowledge in crypto trading is that you can predict the rise in coin prices based on the present market so you will know when to buy and sell it. To find out the best coins to buy are the most popular coins and very fast and high price increases like bitcoin, bitcoin cash, dogecoin and more.
176  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to teenagers or children on: November 23, 2017, 12:13:59 PM
I think it would be easy to explain to children who already know the modern world like internet and online games and this will make it easier for them to understand bitcoin because when children play games usually in games there is money that can be used to buy weapons in the game and average child already understands about money online so when they are told about bitcoin that can be converted into genuine money they feel no longer alien because they often make purchases in online games or make transactions with friends while playing the game so it will be easier to understand
177  Economy / Trading Discussion / Re: How to overcome the fear of holding? on: November 23, 2017, 12:50:50 AM
Simply forget about your coins. Stop to read any news related and stop to check the price daily or 2-3 times a day. You will have less stress and so less fear of your coins. Do it at least 1 month and you will see. 1 month is nothing in a life. After a month just do your usual stuff once a week, check the rate, read some news, ect, close everything and keep rolling the life.
I do not think that this is the right solution for that. How can person ignore his investment and specially if he is a short term trader, he need to check the price from time to time and take a right decision in a right time. I think best option can be to invest such amount of money that we can easily bare to lose. Through this way I think we can minimize the fear of holding bitcoin or any other altocin.
To root out your fears you have to learn and understand about the rise and fall in bitcoin prices so you can predict though not very accurate but that could be the foundation you can use to eliminate fear. You should also pay attention to the bitcoin market and always listen to the latest news about bitcoin so you can see your future plans.
178  Economy / Speculation / Re: Is is still a good time to Invest in Bitcoin? on: November 22, 2017, 10:25:15 PM
I think this is not a good time to invest in bitcoin because bitcoin prices are still very high. You have to wait for the end of the year because by the end of the year many people will be selling bitcoin for New Year's party so many people will sell their bitcoin or exchange it for real currency so that this can make bitcoin price at the end of the year will go down. so that's when you have to invest.
179  Economy / Speculation / Re: Why is Bitcoin Price So Fluctuating? on: November 22, 2017, 08:51:06 AM
Bitcoin prices are influenced by the amount of market demand in bitcoin more and more people buy and use bitcoin then bitcoin prices will rise but if little market demand for bitcoin then bitcoin prices will go down. So the rise and fall in bitcoin prices is determined by how many people want bitcoin.
180  Economy / Trading Discussion / Re: What is the risk of holding Bitcoin? on: November 22, 2017, 01:49:10 AM
As I said in the title. I was interested in putting my money into Bitcoin because of the ever-increasing price.
But I want to know what the biggest risk is to hold Bitcoin?

The biggest risk is loss. Bitcoin's price is fluctuating and every investment has the same risk is "LOSS".
Before start investing you should consider it, and should be prepared to lose the value of your money

Although bitcoin prices fluctuate but the decline in bitcoin prices is very small in contrast to the very high price increases. Bitcoin investments if you want to profit a lot You have to invest in a long time because rising bitcoin prices require a long process for example you can see bitcoin prices from last year you will see the difference in price is very far away. So if you want to hold bitcoin should use a long time.
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