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1721  Economy / Economics / Re: The dream of getting rich with bitcoins on: November 02, 2017, 10:40:56 AM
Yes, it is a dream that can be ascertained successful, it depends on our courage in trading and investing so that the opportunity to gain profit will be more open. and there are many more ways to get more Bitcoin, so if lucky it may be a millionaire will come true.
1722  Economy / Economics / Re: How can we make more money? on: November 02, 2017, 04:03:07 AM
Courage in doing business innovation that we live is one of the factors of success in doing business, that's my opinion. With the success of the business we do certainly will get more profits. we must work more diligently and be more sensitive to business opportunities.
1723  Economy / Economics / Re: Does this mean Cash will be extinct? on: November 01, 2017, 08:12:56 PM
In a country there is the possibility of cash replaced with crypto money in the future. but not in the developing world, where some people live below the poverty line, which will have difficulty accessing crypto money. So in my opinion, cash will not go extinct.
1724  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to teenagers or children on: November 01, 2017, 07:42:52 PM
Bitcoin is very difficult to explain to people, especially those who do not understand the internet, because they find it difficult to access it. While with children, they do not yet understand about the economy. Therefore our task is to provide an understanding of both these (internet and economic) to them first.
1725  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency? on: November 01, 2017, 05:39:03 PM
It can happen, but I doubt it. Actually, until now Bitcoin is still the highest among other cryptoes, this is evident from the price increase, and this proves that Bitcoin has many users, so its value is high. and I think it will last.
1726  Economy / Trading Discussion / Re: What is the first rule of daily trading in your opinion? on: November 01, 2017, 11:02:58 AM


Let's see what you think Guys.
First rule will always be, DO YOUR RESEARCH! Never jump into something you don't understand. Especially when it involves money. Then, when you have understood the system and you think you have a little grasp on it, then you could test the waters with something you can afford to lose since you're just starting. We all have to lose sometime to become good traders, right? 😉
doing research in advance is indeed a major factor for trading, researching carefully the market price movements and see what coin growth we will trade in order to always be able to benefit.
1727  Economy / Economics / Re: Indonesian Ban on: October 31, 2017, 09:51:21 AM
It's a warning, it doesn't say anything about banning the use of bitcoin.
As we can see at the last words, it says " We see using bitcoin as a risk".
It's okay, most of the countries have announced that bitcoin is a risky investment, it doesn't mean that they have banned it, it just says that they want to give a warning to their people, but can't have a solid statement on the coin right now.

That's what i thought when i readed the thread, but after taking a look at the original article i found that OP forgot to quote the most important statement which is: "The head of Bank Indonesia, Indonesia’s central bank, has threatened action against bitcoin adopters if the cryptocurrency is used as a method of payment."
Bank Indonesia is threatening any one that accepts Bitcoin as payment method. Such statements will, for sure, have an impact on Bitcoin value.
most likely the rule was made by the Indonesian government to anyone who made payment transactions using bitcoin without first switching to local currency that exist then it could be very risky and violate the existing law because the official payment transaction tool in Indonesia only use rupiah instead of bitcoin .
1728  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: are bounty and signature campaigns successful? on: October 31, 2017, 09:30:14 AM
Yes I think launching bounty and signature campaigns mostly are successful because it draws more attention to investors to invest in their project. But of course it also needs a good campaign manager to work with and is more experienced to help the team attract investors too.
True, it all depends on the manager who is able to manage the bounty and signature campaign well, as a whole many projects can succeed by doing a signature campaign that can be managed by a professional manager who can invite many investors who can get into it
1729  Economy / Economics / Re: Wonder how many people can hold BTC for more than 3 years on: October 31, 2017, 09:10:01 AM
BTC was around $300 3 years ago.

Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period Smiley
in my speculation maybe alot of people holding their btc for long term . Because of their beliefs or theory that bitcoin has a abilities to surpass on thier predicted value even its alway volatile and fluctuate.  The true btc holders is brave like a true warriors that can sacrifice no matter what happens.  And now as we see they achieved their goal cause bitcoin reach in the highest value maybe they earn much profit now .
if we are strong enough to hold it for a longer period of time then most likely our bitcoin will be more expensive in the future. most people who believe in bitcoin value will increase in the future so that many dare to hold bitcoin in the long term.
1730  Economy / Speculation / Re: How much bitcoin cost in the end of 2017 on: October 28, 2017, 06:45:58 AM
We can't actually predict bitcoin of it's volatility But now that It has Reached 6k USD And Up it Will Be Stabel for 6k and up, we only have two months Left before year Ends So it will also be possible that it will reach 7k if the Hard Fork Will be Successful. as long as we cannot conclude of what is the value of BTC.
It is true that no one can accurately predict the bitcoin price, but in the near future bitcoin has reached $ 6000 maybe after a hard fork the bitcoin price will slowly raise the price up to $ 7000. But I hope at the end of 2017 this bitcoin price could reach $ 10,000, hopefully the price increase with that amount could happen until the end of this year.
1731  Bitcoin / Bitcoin Discussion / Re: why should governments allow bitcoin to continue grow? on: October 27, 2017, 11:42:53 AM
There are many reasons why fair government should allow bitcoin to grow whereas the technology on which bitcoin is based would give any government a hard time of any manipulation which is the main reasons Bitcoin value may not be considered.
Firstly Bitcoin as a store of value would give the government the best stock value ever anticipated and digital currencies unlike paper currency can easily be transact and recorded without omissions safely. These alone reason should make government consider Bitcoin to grow in its value.

But either ways I would expect a question as this "why should blockchain technology be adopted in our government system?"


Bitcoin is the latest innovation of real money that we often use. In addition to the internet network, the bitcoin support factor is a blockchain system that can manage large, decentralized digital bookkeeping. many countries can not formalize the bitcoin behind the support of the blockchain system, but this blockchain technology according to the government is a technology that must be developed even though blockchain is not the money that can be used by most countries.
1732  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO Is Really A Good Investment or Not? on: October 27, 2017, 10:27:03 AM
I believe ICOs are one of the effective way of investing your money. only thing is that is difficult to find good ICOs as there are a lot appearing every day.
I think not all ICOs can be trusted to be a good investment, because many ICOs only offer benefits that can be promising but in reality can only deceive and bring some money that has entered into it. Should be more careful choosing ICO so that money that we can invest can benefit from ICO that really trusted.
1733  Bitcoin / Bitcoin Discussion / Re: Investment regrets! on: October 27, 2017, 10:12:26 AM
i know bitcoin earlier and the regret is not investing on that time i waste my time to do faucet and i didn't know that you can buy bitcoin in remitance center... if i do that early and that time is i know how to trade? maybe i have  enough of coin right now maybe i can buy what i need for now....
The same experience I've felt, it's been long enough to know the bitcoin from 2014 but by then I just spent the time to get the bitcoin just from the tap because it was still a beginner at the time and was too cold doing bitcoin tap.If I can think further to see the bitcoin price movement as it is now then the thing I will do is to invest more in bitcoin starting 2014 then.
1734  Economy / Speculation / Re: Big News From China on: October 27, 2017, 09:53:19 AM
That's what i was expecting after the ban over the cryptocurrencies by china few days back. China failed to defeat the cryptos, they have now realized that they have made a big mistake. Now bitcoin and cryptos are  ready to achieve new heights of success.
china is always making new innovations in the form of digital currency other than bitcoin, they hope that the population switch to digital currency that will be created by the country it, therefore there is a regulation limiting the use of digital currency in the form of bitcoin,but unfortunately it is not affect the price of bitcoin in the market will weaken, but instead after the ban made by the state of China about the use of bitcoin, bitcoin prices are increasing because the largest exchange of bitcoin not only in China,but there are other countries that have a larger exchange exchanges of china .
1735  Economy / Speculation / Re: Price Back to 5,700 and rise more on: October 27, 2017, 09:38:39 AM
why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)

Why would anyone do that? Bitcoin for Bitcoin gold is one of the worst idea ever, Bitcoin price is back to 5900 and it's going strong. I had always know that this fork, was a perfect disaster and that it would soon go out of circulation. The sentiment is very strong, and now all eyes are on segwit2x, so far it's receiving mixed support, if it puts action replay, then I feel we shall see Bitcoin touch a all time high and 7k shall be very soon on us. However as of now there no word, it shall be implemented, will be interesting to see if they do it.
Don't worry regarding bitcoin fall down because we all know that bitcoin declining price is temporary only. Maybe bitcoin decreasing price is only due hard fork happen last Wednesday, but i don't sure if segwit happen was largely affect direct to the bitcoin price.
Therefore we believe that after a week or a month bitcoin value were moved raising up, because the Christmas is coming so I don't see any reason to fall down again.
the occurrence of hard forks yesterday did greatly affect the price of bitcoin, as we saw yesterday many people are panicked to sell bitcoin because they fear bitcoin prices will decrease, but after a hard fork can be passed I believe bitcoin will increase the price again.
1736  Bitcoin / Bitcoin Discussion / Re: Why do thousands of investors hold bitcoin on troubled days? on: October 27, 2017, 09:33:20 AM
Bitcoin has a huge demand among thousands of investors who dream of a non-cash future, and now they are investing in digital currency, not traditional means.
The first crypto currency has already turned early investors into millionaires, and tries to do everything possible, if only the many thousands of people radically changed their views on traditional markets and investments in general. Although those who use and support bitcoin still make up a smaller percentage of the world's population, in the millennial generation of investors, the number of young people who turn away from traditional financial empires is growing. If this trend continues, it could mean an absolute collapse of the banking system, as it continues to adhere to outdated algorithms. Until now, there is some way, until even the most seasoned investors are completely free of traditional banking and monetary institutions, but today they can already control their future in terms of investments. Since it is easier for them to manage their own savings plan by investing and reinvesting new technologies. Although they continue to deduct a certain percentage of the usual pension fund, and their accounts still have to be paid through a bank account, but investments in crypto-currencies have become for them a central part of savings.
It is more profitable to turn all the money into bitcoins than to leave it in the bank. But this is really a bad to everyone considering altcoin as a way to keep the money, the banks may disappear.
already a lot of evidence someone can become a millionaire because they have invested in bitcoin so that it can be used as assets of deposits in the form of digital currency that can be profitable to serve as a form of investment. there may be some people who believe they keep their money in bitcoin because they can see the price movement of bitcoin so quickly that it can be very profitable to be a future savings, but it will not make the bank disappear its existence, because bitcoin will not grow without any cooperation from the bank itself.
1737  Bitcoin / Bitcoin Discussion / Re: Will bitcoin end? on: October 27, 2017, 09:22:33 AM
I think Bitcoin will not die, if Bitcoin is dead there will be a new coin that will replace Bitcoin. because many creative people in the world of cryptocurrency who always have new innovations. then the digital currency will always exist.
although there is always a new type of crypto that can be created but the existence of bitcoin until whenever will never die while we can still use internet services and electric power then bitcoin will exist forever with values ​​that can be different from now, whether it will rise in value or has increased and decreased.
1738  Economy / Economics / Re: Is it possible for the bitcoin to lose it's value ? on: October 26, 2017, 11:12:18 AM
It would be possible but because it was already well established, it will be hard to loss its value. The value of bitcoin is basically dependent on the bitcoin holders/investors, once they give up their coins (specially the whales) bitcoin value will be affected. But seeing the current status of bitcoin, people have good trust with bitcoin and there is also a big expectation of pumping in value seeing more and more people are trusting it. Dumping would only exist once people transferred to another cryptocurrency but there is no better altcoin than bitcoin thus it may not dump.
Of course bitcoin values ​​are based on all those holding bitcoin and investors themselves. Increasing the number of bitcoin holders and increasing the number of investors who can enter into it bitcoin will not lose its value until whenever. Although many new altcoins can compete with bitcoin but that will not shift the position of this bitcoin digital currency, because the most popular digital currency is bitcoin.
1739  Economy / Economics / Re: Bitcoin in Economics class? on: October 26, 2017, 10:50:15 AM
Do you think they are talking about bitcoin in your basic ECON class?

I am not sure if they are talking about Bitcoin in the basic economics class, but B schools are showing interest. There are separate electives relating to Bitcoin / blockchain in some of the leading business schools.


This is actually a good idea. Teaching bitcoin at school is convenient for the kids, so they can start at their early stage. However, we still need to consider the fact that kids will have a access to the internet if they want to transact bitcoin, and they might learn something inappropriate.
There is no doubt that this idea of teaching bit coin in economics class is highly appreciable and commendable because it will be helpful for bringing financial stability in any country. It will possible but after legalization its position in that country.
yes, legalization is certainly a major factor in every country. If all countries can formalize the existence of bitcoin then there is no harm if bitcoin is used as a curriculum in every school, because basically the value of bitcoin can be calculated based on Cryptographic Algorithm calculation exactly in the math lesson in every school.
1740  Bitcoin / Bitcoin Discussion / Re: Can cryptocurrency make real money disappear? on: October 26, 2017, 10:18:55 AM
What are the chances of living in a world with no actual money ?  Shocked
It is quite possible to live even without money because that literally happens thousands of years ago but for our current time, it is quite impossible to loss the real money because it has been a part of our daily life situation that if we do not have it, we are just like incomplete with no money to spend to sustain our daily life expenses. Cryptocurrency must be an innovation of the real money and not a role for the disappearance of real money in the real world so I bet, cryptocurrency will not make real money disappear.
true, Digital currency is one form of real money innovation. As we know in ancient times when people can only trade with the goods exchange system, it is very difficult for everyone who does the barter system to use goods because not necessarily the goods that are exchanged can be the same value. Therefore the creation of a currency to facilitate the various transactions that can be felt up to now, and the form of digital currency is just the development of advanced technology created to facilitate payment transactions from wherever we are.
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