Because bitcoin is the first digital currency so the first in the know by the public is bitcoin and make bitcoin in demand by many users. Because more bitcoin users will raise the price of bitcoin and make more and more people want to have it because it is considered as a good investment tool as well as modern transaction tool and greatly facilitate the transaction.
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I think yes because China is the largest resident country that uses bitcoin so if china again use bitcoin then bitcoin price will rise higher. We need to know more and more bitcoin enthusiasts around the world will greatly increase the price of bitcoin because the number of bitcoin users more than the number of bitcoin in the world so it will greatly affect the bitcoin.
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I first got to know bitcoin through my friend. At that time I was a student who needed a side job when I heard bitcoin prices and some how to get it I started to feel interested and try to learn it. The first coin I got was through the tap but the income was only a little so I started trying to invest and now I started trying to follow the signature campaign.
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My advice in investing You have to invest in cloud mining because big profits and your time is not much wasted, you just monitor your income without having to work. I think cloud mining is very easy and very fast your capital back, the more capital you spend then the speed of your mining and your income is getting bigger so I suggest in cloud mining using big capital so that your income also bigger. the most trustworthy cloud mining site I think is genesis even though your income is lower than any other cloud or newly emerging mine.
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For now in my country there is still no rule about bitcoin. But the government has declared a ban on the use of bitcoin as a valid currency in Indonesia so that to spend it should be in exchange with Indonesian currency is the rupiah to be a valid means of exchange. However, despite Indonesia's ban by the government and banks, but bitcoin enthusiasts in Indonesia are still growing and ownership of bitcoins is still safe because there is no definite clarity about the bitcoin ban.
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I think that can destroy bitcoin is the government and the bank because they are the ones who hold full power over the people in determining currency. the government began banning the use of bitcoin as a medium of exchange because bitcoin can lead to a decline in the currency in a country and reduce government revenue in the banking sector. But there is still another one that can destroy bitcoin that is starting new currency such as dogecoin, altcoin, blackcoin and others so it will be a bitcoin competitor or even in the future can beat bitcoin.
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It's not a new thing that we hear there are some drug cases that use bitcoin as a transaction tool because in bitcoin transactions are considered easier and certainly more secure from the police and government so that drug dealers choose bitcoin as a means of transaction. So the end of the bitcoin is very close to the crime because in technological progress not only have a positive impact but also a negative impact depends on the personality of each mawu used for good or evil.
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I think the bank has started a war with bitcoin. we can see that many ban of bitcoin have been started in various countries and even banks in Indonesia have banned payment by bitcoin. because bitcoin will have an impact on the decline in currency values in a country if its citizens start using bitcoin as a means of transaction. So the bout of banks with bitcoin has started but has not reached its peak because the development of bitcoin only includes people who have knowledge of technology.
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In my opinion, bitcoin is better than gold because there are several factors: Bitcoin has a much faster price increase than gold, if we want to travel to different regions carry bitcoin will be much safer than carrying gold, in some countries, the government has a regulation that prohibits the delivery of gold to foreign countries in certain quantities while bitcoin is not bound by the government, gold can also be fake or reduce the gold content of rings and bracelets while bitcoin can not. forged or cheated
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I am very surprised at the bitcoin price that is earned if the rupiah is around Rp.96.000.000 or about 7,000 USD which is a fantastic number due to the very fast price increase. If very fast price increases of bitcoin must be caused by fast growing bitcoin users worldwide or the number of people who need bitcoin more and the number of bitcoin around the world is still small so the bitcoin price keeps increasing.
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I think even though the bitcoin price has risen again about 9.3% from last week's price, if it rupiahkan about Rp.94.000.000 where this number is the highest number of very fantastic and I'm very sorry not to buy bitcoin from last month. so before you regret having seen the fantastic bitcoin price hike you should buy it now before the price goes up even higher
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Bitcoin mining is the process of obtaining bitcoin by using bitcoin mining machines that run special software to view these transactions and collectively add them to the current 'block' of the transaction, while collecting the cost of the miners listed in each transaction This is the first incentive for bitcoin miners. The second incentive comes from block mining. For each transaction of bitcoin blocks generated, miners compete to solve 'difficult' math problems. The winner of this competition gets some new bitcoin made.
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I think this will be a boost for bitcoin prices because it will be more familiar to people in the world and if bitcoin can already be used for shopping electronics, clothing and others. then this could be a breakthrough transaction in international stores like amazon if this is true because we also know that paypal is not available in some countries so bitcoin will be an alternative path and for those who already use bitcoin this will be very happy. because it will increase the popularity of bitcoin.
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I think it could be that the number of bitcoin enthusiasts is more than the number of bitcoin itself and the number of bitcoins that spread in the world is still small so that the rise in bitcoin prices can reach tremendous amounts. So it can be concluded bitcoin prices will continue to increase, for investors I suggest that do not hesitate to invest in bitcoin before prices soar then should invest now.
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because bitcoin is a testament to technological advancement in which the world's people have nothing to withstand technological advances. related to the technology there must be good progress in terms of transactions so that with this bitcoin facilitate transactions anywhere and anytime in place of the network without having to bother taking care of administration and others. bitcoin is also a very profitable means of investing and the ease with which to get it so that many people have used and become obligated to transact with bitcoin.
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I do not think in bitcoin.co.id bitcoin prices rise again about 3.7% and the price back again above Rp.80.000.000 where bitcoin prices are now at its peak. I do not know whether the bitcoin price will be higher again or even down but already a lot of news circulating bitcoin will go down because it has reached the maximum price but it is uncertain news so you live to predict yourself whether you want to invest again or sell it.
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I store bitcoin at bitcoin.co.id because in this place the deposit can make withdrawal from bitcoin to rupiah. In my country that is bitcoin indonesia can not be used for transaction tool so bitcoin need to be exchange first to rupiah. the advantages of storage at bitcoin.co.id are able to store some coins such as dogecoin, LTC, bitcoincash, etherium and others.
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we can start by giving information about what bitcoin is and why bitcoin can not be duplicated, so can bitcoin in say virtual currency because if it can be duplicated or in fake it will make the currency fall. but what happens to bitcoin the longer the price increases and indeed this bitcoin is a digital currency that is impossible to fake because it is in the know the number of scattered in the world and has never been there at all who can hijack this currency so it is still quite safe both for transactions and investments so bitcoin is something that is real not a scam
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I do not think china hates bitcoin but its government because of too many chinese who do transaction with bitcoin so in worried that native country china currency weaken and make society more often use bitcoin as easy transaction tool so that bank in china become very less serving transactions thereby reducing government revenue.
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because there is a lot to profit in investing in bitcoin and assorted hopefully that can be compared to other investments such as home that require maintenance fees, pay taxes and others. but if bitcoin is a more gold-like investment, it's just that it's digital so bitcoin does not have maintenance costs and is not required to pay taxes because it's not regulated by the government and its ever-high price increase invites many investors to invest in bitcoins.
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