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1  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: January 19, 2018, 08:04:30 AM
if I think mining is the best way to get btc, but it requires a fairly large fee, if we play trading we must be able to understand or predict from the price that always up and down, but mining is not the best in bitcoin world because the price of the tool his hardware is also expensive, cost is also expensive cost of electricity internet connection, 24 hours full must be on on it, hardware can also be damaged. so only big companies can do this.
2  Bitcoin / Bitcoin Discussion / Re: Do you think digital currency will ever replace paper money? on: January 19, 2018, 06:24:32 AM
I think it could be, because of course there is already a redemption tool as a payment or exchange rate to transact. society has made several changes in the currency in history. First gold replaces barter system as a transaction tool, then paper money replaces gold as a tool of value storage. Then, bitcoin and other cryptocurrencies will replace the paper money as a transaction tool.
3  Bitcoin / Bitcoin Discussion / Re: Why do some government ban bitcoin? on: January 19, 2018, 01:49:40 AM
This is because government banks suspect the potential for bitcoin fraud is used for unlawful acts such as terrorism, money laundering, prostitution and drug trafficking, as well as to safeguard the sovereignty of currency used as legal tender in each country against bitcoin. and bitcoin is only a digital asset, not a means of exchange or a means of payment.
4  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin More Important Than Ethereum ? on: January 15, 2018, 08:42:42 AM
it may be that the interest between bitcoin and ethereum is back again who is using it and what it is for. therefore I share my knowledge about the difference between bitcoin and ethereum. Bitcoin aims to be a medium of wealth storage, digital gold, and ultimately a globally adopted currency that can repair or replace conventional money to some extent. Ethereum's goal is to be a platform that smart contracts and decentralized applications can use.
5  Bitcoin / Bitcoin Discussion / Re: Hotels accepting bitcoin on: January 15, 2018, 07:54:27 AM
the use of bitcoin for hotels now according to news circulating in my country is located in bali. Although until now Bank Indonesia (BI) and the Financial Services Authority (OJK) do not consider Bitcoin as a valid payment instrument. However, Bitcoin remains in demand in the domestic market. Even soon there will be the first 'ATM' Bitcoin in Indonesia. However, this ATM is not like most ATMs are arranged by BI, but the shape is like a vending machine that sells Bitcoin. Bitcoin is one of the many cryptocurrencies that circulate in cyberspace, also one of the most popular. Some countries have already accepted Bitcoin and approved transactions in some companies.
6  Bitcoin / Bitcoin Discussion / Re: Why does China hate Bitcoin? on: January 13, 2018, 06:24:18 AM
on the glory of China will demand using bitcoin funds as well as many investors are beginning to switch to Bitcoin market thus increasing demand, and the increasing amount of cryptocurrency transaction demand is actually encouraging Chinese regulators to take action, in an effort to anticipate potential risks that arise in the future. china may have thought about bitcoin for future will be dangerous especially for china itself.
7  Other / Beginners & Help / Re: Is this for real? I could be a millionaire? on: January 13, 2018, 02:55:10 AM
I think it could be, there are many who prove themselves that he risked all the risks and we live as brave and ready for bad or good, because even so, Bitcoin known very unstable and risky. So, only those who dare to take risks are now happy because of the success of Bitcoin.
8  Bitcoin / Bitcoin Discussion / Re: Does Social Media Influence bitcoin growth? on: January 13, 2018, 02:47:58 AM
I think it is true, because news is one of the factors that influence the price movement significantly. Bitcoin users who hear negative news about bitcoin, will feel panic and end up selling their bitcoins to secure assets. The impact, bitcoin prices will drop because of the sale of bitcoin on a large scale.

Vice versa, if there is positive news about bitcoin then many users who make buying transactions. Of course with the purchase of bitcoin on a large scale impact on drastic price increases.
9  Bitcoin / Bitcoin Discussion / Re: Bitcoin to eliminate unemployment. on: January 12, 2018, 06:39:55 AM
bitcoin to eliminate unemployment I think is incorrect because most of the developing economies of the people are still in the bottom or inadequate and to start or join bitcoin is very difficult and the background of its human resources is also much left behind on the current technological issues.
10  Bitcoin / Bitcoin Discussion / Re: Can bitcoin be more profitable in the upcoming years? on: January 12, 2018, 06:08:32 AM
As a form of investment, unfortunately the BitCoin price can not be predicted to rise or fall within a certain period of time. that the exchange rate of this currency always moves to follow the market. I think no one can predict the BitCoin price exactly because it all depends on market conditions. We'll see how the market decides where the bitcoin price will move
11  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: January 12, 2018, 03:55:14 AM
because of its increasing value from time to time. There are those who love it for investment. There are also who like it because it is used to buy goods / services on the internet. Because of its anonymous nature, then you can not trace the identity of the sender and receiver bitcoin. of that many people love it including me because bitcoin price will gradually be high because the bitcoin is very limited also the amount.
12  Bitcoin / Bitcoin Discussion / Re: Why Cash is better than Bitcoin. on: January 12, 2018, 03:47:35 AM
Bitcoin and Bitcoin Cash are a generation more in the digital age of the first era of Bitcoin but the second era of Bitcoin Cash with innovation and renewal and system improvement is expected to be more sophisticated bitcoin cash than bitcoin. Although digital currencies in general have good security protection. But along with the development of digital currency the level of security is increasing. Compared to others Bitcoin Cash has the best level of security and protection. In addition in terms of appearance and features are more interesting.
13  Bitcoin / Bitcoin Discussion / Re: Worried about btc future on: January 12, 2018, 02:09:39 AM
I do not think I have to worry even though bitcoin market is going up and down very fast, just smart to manage bitcoin assets, because bitcoin many are interested to join even though some countries still prohibit its use by the government. but basically bitcoin is popular in the world today and bit coin for a long period will survive, because as long as there is only 1 user, BitCoin users on the internet then bitcoin network will not down because of the decentralized server nature.
14  Economy / Speculation / Re: Right time to buy bitcoin on: January 12, 2018, 01:30:10 AM
in my opinion, the right time to buy bitcoin is when the bitcoin market price is down or at the lowest point you can buy bitcoin for main capital or just as an investment. but the rise and fall of bitcoin can not be predicted so you can only play speculative only, if you are enough to buy bitcoin at a certain price point why not to buy it.
15  Bitcoin / Bitcoin Discussion / Re: what are the benefits of bitcoin? on: January 11, 2018, 09:00:01 AM
Bitcoin as payment. First, the processing fee is paid by the sender, and the merchant does not pay anything to receive the funds. This cost is much lower than traditional payment networks. And then as a purchase, an advantage to buyers when using Bitcoin. This allows a faster confirmation time within 10 minutes, which is useful for international transactions. Bitcoin allows you to buy goods from abroad without worrying about currency differences. Coin storage is not difficult. The transaction fee is paid by the coin sender but the price is cheap.
16  Bitcoin / Bitcoin Discussion / Re: Why do some government ban bitcoin? on: January 11, 2018, 08:53:02 AM
because bitcoin is not directly controlled by the government directly, therefore the bitcoin currency is an easy target for criminal actions such as money laundering and to avoid taxes. the lack of role of the government can also make this currency worthless and not make the bitcoin currency legal.
17  Economy / Economics / Re: Bitcoin is an asset or currency. on: January 11, 2018, 08:46:15 AM
bitcoin is more appropriately called investment assets in digital form or called digital assets. Himself said, until whenever the use of bitcoin is not to replace the currency recognized as a payment system in a country that has not approved bitcoin as a means of transaction. because most countries still use their currency as the main tool in use to transact.
18  Bitcoin / Bitcoin Discussion / Re: Could Bitcoin ever replace conventional money? on: January 10, 2018, 03:42:57 AM
I don't think so because many other developing countries still use their conventional money as one of the means of payment or transactions that are in use every day and governments in many countries many have not agreed even against the existence of bitcoin as a means of payment.
19  Other / Off-topic / Re: Bitcoin community is rising. on: January 10, 2018, 01:57:45 AM
because there are many people who are interested to use Bitcoin as an investment tool thanks to the price that tends to increase from year to year, and many also use it for investment for the future. But can not be sure to rise or not because of this Bitcoin system is fluctuating.
20  Bitcoin / Bitcoin Discussion / Re: What do you think are the biggest disadvantages of Bitcoin? on: January 10, 2018, 01:40:47 AM
Although the value of BitCoin shows a positive signal with continuous improvement, did not rule out the value can fall at any time. Global issues greatly affect the value of BitCoin up to 50 percent!. If the negative issue blows, its value will decrease. Once back, if there is a positive issue then the value of BitCoin will increase.
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