Bitcoin Forum
August 29, 2015, 02:34:33 PM *
News: New! Latest stable version of Bitcoin Core: 0.11.0 [Torrent]
 
   Home   Help Search Donate Login Register  
Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 [All]
  Print  
Author Topic: Project Bitcoin Island - Bali - Indonesia  (Read 40949 times)
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
April 12, 2014, 06:28:22 AM
 #1

=========================================================

Bitcoin Donation Address

http://blockchain.info/address/1sLAndWaCHYGD8F5LdQ9baXCXoNmsXtsg

=========================================================

Hi Guys

We are from Bitcoin.co.id - Indonesia Bitcoin Exchanger  targeting to convert a majority of merchants on Bali (Indonesia) to accept Bitcoin. Soon you can come to Bali by only bringing Bitcoin.

It will make tourist and local people easier doing transaction. Supported by money changer in Bali and existing shops.

Watch our Video BitIslands : http://www.youtube.com/watch?v=4m_Tq_b1HUY
BitIslands is a social experiment that aim to make Bitcoin as Common Currency Worldwide

We believe this project will have significant impact on the Bitcoin Revolution. There are three ways to supporting our BitIslands Project if you want to play a part in our project

Financial Support
This project is supported by Bitcoin.co.id – Indonesia Bitcoin Exchange as main sponsor. You can help us accelerating this project through donating your Bitcoin in three ways:

1. Bitcoin Donation
    Please donate your Bitcoin through this address:  1sLAndWaCHYGD8F5LdQ9baXCXoNmsXtsg

2. Buy our stocks at CryptoStocks.com
    Please support us by buying our stocks at https://cryptostocks.com/securities/120  
    You will enjoy dividend while donating!

3. Sponsorship
    If you are interested to become our official sponsor for this social experiment project please contact us http://bitislands.com/contact-us

Volunteering
Helping merchants accept Bitcoin in Bali required a lot of manpower and voluntary effort. You can help us by joining Bali Bitcoiners. Please contact us if you want to support by joining this group and contributing your manpower.

Spreading the News
Help us by spreading this project in all over the world and especially to all Bitcoiners. Please ask them to visit Bali and bring Bitcoin while they are traveling to enjoy the first experience of Bitcoin Tours in Bali.


Note:
Actually our shares that we offer in Cryptostocks is more for appreciation's token for donation in project Bitcoin Island.  We know currently our business is still small therefore our dividend still very small. But we want to give something in return to our donator and investor that why we are offering dividend in return to say thank you for trusting us


Article about this project in CoinDesk.com
http://www.coindesk.com/bitislands-bali-bitcoin-paradise/




More video and photo check our website www.BitIslands.com



0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
1440858873
Hero Member
*
Offline Offline

Posts: 1440858873

View Profile Personal Message (Offline)

Ignore
1440858873
Reply with quote  #2

1440858873
Report to moderator
1440858873
Hero Member
*
Offline Offline

Posts: 1440858873

View Profile Personal Message (Offline)

Ignore
1440858873
Reply with quote  #2

1440858873
Report to moderator
1440858873
Hero Member
*
Offline Offline

Posts: 1440858873

View Profile Personal Message (Offline)

Ignore
1440858873
Reply with quote  #2

1440858873
Report to moderator
You can see the statistics of your reports to moderators on the "Report to moderator" pages.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1440858873
Hero Member
*
Offline Offline

Posts: 1440858873

View Profile Personal Message (Offline)

Ignore
1440858873
Reply with quote  #2

1440858873
Report to moderator
1440858873
Hero Member
*
Offline Offline

Posts: 1440858873

View Profile Personal Message (Offline)

Ignore
1440858873
Reply with quote  #2

1440858873
Report to moderator
1440858873
Hero Member
*
Offline Offline

Posts: 1440858873

View Profile Personal Message (Offline)

Ignore
1440858873
Reply with quote  #2

1440858873
Report to moderator
Bit_Happy
Legendary
*
Offline Offline

Activity: 1008


A Great Time to Start Something!


View Profile

Ignore
April 12, 2014, 06:53:37 AM
 #2

Welcome.
You will probably need a clear plan, and a partner/writer who writes fluent English.

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
April 12, 2014, 07:17:59 AM
 #3

Welcome.
You will probably need a clear plan, and a partner/writer who writes fluent English.

Hi Bit_Happy

Yeah, I am sorry for my English.  We are from non-spoken English country.

Our plan actually quite simple. We will do the following step:

1. Bitcoin.co.id is currently raising fund , example using https://cryptostocks.com/securities/120

2. We will established our office in Bali - we will open offline bitcoin exchanger.

3. We will launch mobile apps for payment gateway so merchant can start accepting bitcoin in offline

4. We will cooperate with money changer to start accepting Bitcoin ( we have the apps as well)

5. We will cooperate with Australia, Singapore, Malaysia  Travel Agent and Bitcoin Exchanger for education

6. Tourist can start coming to bali by only bringing bitcoin instead of their local currency


What do you guys think ?

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
bryant.coleman
Hero Member
*****
Offline Offline

Activity: 798


The Emperor


View Profile

Ignore
April 12, 2014, 07:25:53 AM
 #4

It will be interesting to see the response from the local (Balinese) government and the Indonesian government to this measure. The legal aspects are still not clear. And I want to know whether the local banks will co-operate with this move or not.

nuff
Sr. Member
****
Offline Offline

Activity: 266


View Profile

Ignore
April 12, 2014, 07:27:10 AM
 #5

Apa khabar neighbour! I think its a GREAT IDEA! But I'm not too sure about the entire island, you will need your government to support for sure, but you can start small first, and if it's gonna take off, it's gonna take off, if not, well, at least you tried! How's the bitcoin scene in Indonesia? We have our first Bitcoin ATMs in Malaysia a month ago, one in Bangsar, KL and one in Penang, with more to come.  I think bitcoin will be big this part of the world too. But we really need all the other SEA countries to be on board as well. Hopefully when adoption has grown big enough with its infrastructures in place bitcoin will be accepted as legal tender.
Bit_Happy
Legendary
*
Offline Offline

Activity: 1008


A Great Time to Start Something!


View Profile

Ignore
April 12, 2014, 07:28:17 AM
 #6

Yes, you have a good start.  Smiley

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
April 12, 2014, 07:33:15 AM
 #7

It will be interesting to see the response from the local (Balinese) government and the Indonesian government to this measure. The legal aspects are still not clear. And I want to know whether the local banks will co-operate with this move or not.

Hi bryant.coleman

We are quite close with the regulator actually. As long as we do transaction in cash, it will not cause any issue. We will bring Bitcoin ATM by next month and regulator said okay with it as long as cash to bitcoin only.

Bali has difference rule set comparing with other region in Indonesia - What tourist use is what merchant will accept.

Our goverment also not opposing Bitcoin - they are quite neutral

http://bitlegal.net




0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
bryant.coleman
Hero Member
*****
Offline Offline

Activity: 798


The Emperor


View Profile

Ignore
April 12, 2014, 07:36:33 AM
 #8

We are quite close with the regulator actually. As long as we do transaction in cash, it will not cause any issue. We will bring Bitcoin ATM by next month and regulator said okay with it as long as cash to bitcoin only.

Bali has difference rule set comparing with other region in Indonesia - What tourist use is what merchant will accept.

Our government also not opposing Bitcoin - they are quite neutral

Glad to hear that. It is good that they don't raise any legal objections to the cash to BTC transactions. Do you have any information on the taxes which are applicable?

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
April 12, 2014, 07:40:24 AM
 #9

Apa khabar neighbour! I think its a GREAT IDEA! But I'm not too sure about the entire island, you will need your government to support for sure, but you can start small first, and if it's gonna take off, it's gonna take off, if not, well, at least you tried! How's the bitcoin scene in Indonesia? We have our first Bitcoin ATMs in Malaysia a month ago, one in Bangsar, KL and one in Penang, with more to come.  I think bitcoin will be big this part of the world too. But we really need all the other SEA countries to be on board as well. Hopefully when adoption has grown big enough with its infrastructures in place bitcoin will be accepted as legal tender.

Hi Neighbour !

Thats why I am thinking maybe we will start it from Gili Island first (bali islands) and convert it totally before do it in other island. It's remote island where almost no local bank ATM and people find it very difficult to withdraw money there.

Actually I am coming to Malaysia last month for small Bitcoin Conference in Kuala Lumpur. I meet with Numoni CEO (the one who setup ATM in Malaysia) and some local Bitcoiners in KL.

Do you in KL ?


@bryant.coleman

The tax regulator said they will not come out with regulation yet since it consider small transaction ( our daily transaction only about $10k-$20k )

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
BigBoy89
Hero Member
*****
Offline Offline

Activity: 504



View Profile

Ignore
April 12, 2014, 07:57:10 AM
 #10

pahe bahasa indo aja deh, malas nulis bahasa inggris wkakak
baru kemarin baca disini -> http://indonesia.bitcoin.co.id/ingin-ikut-memiliki-perusahaan-bitcoin-co-id/
udah ada aja threadnya disana
mantap idenya, saya mendukung penuh usahanya  Grin
ide bagus untuk menjadikan bali sebagai pusat transaksi bitcoin, karena disana banyak turis dari luar negeri yang kemungkinan sudah mengenal bitcoin
kalau banyak merchant yang menerima transaksi bitcoin kan jadi bagus

cuma apa gak terbentur sama kebijakan BI yang melarang transaksi jual-beli menggunakan bitcoin di indonesia?
EDIT : ternyata dituker ke IDR dulu ya pake ATM BTC, dikira langsung trx pake bitoin

beli sahamnya dulu deh mumpung masih murah



cosmofly
Full Member
***
Offline Offline

Activity: 126


View Profile

Ignore
April 12, 2014, 08:00:20 AM
 #11

Another  newbie account scammer with a so called "visionary" idea  to be launched soon on crypto stocks and then fail and disappear after getting rich off your coins.

Haven't u guys learnt enough? Cheesy
BigBoy89
Hero Member
*****
Offline Offline

Activity: 504



View Profile

Ignore
April 12, 2014, 08:03:21 AM
 #12

Another  newbie account scammer with a so called "visionary" idea  to be launched soon on crypto stocks and then fail and disappear and after getting rich off your coins.

Haven't u guys learnt enough? Cheesy
he owns an exchanger in indonesia
many members trading BTC/IDR (local currency) there
maybe he is newbie here, but he can give you proof that he owns that exchanger Grin

cosmofly
Full Member
***
Offline Offline

Activity: 126


View Profile

Ignore
April 12, 2014, 08:10:51 AM
 #13

Another  newbie account scammer with a so called "visionary" idea  to be launched soon on crypto stocks and then fail and disappear and after getting rich off your coins.

Haven't u guys learnt enough? Cheesy
he owns an exchanger in indonesia
many members trading BTC/IDR (local currency) there
maybe he is newbie here, but he can give you proof that he owns that exchanger Grin


If he owns an exchange why does he need public funding?  Doesn't want to risk his own money is my guess.

If he gives proof and comes out in press release I might consider funding. Otherwise this is just another scam


BigBoy89
Hero Member
*****
Offline Offline

Activity: 504



View Profile

Ignore
April 12, 2014, 08:29:55 AM
 #14

Another  newbie account scammer with a so called "visionary" idea  to be launched soon on crypto stocks and then fail and disappear and after getting rich off your coins.

Haven't u guys learnt enough? Cheesy
he owns an exchanger in indonesia
many members trading BTC/IDR (local currency) there
maybe he is newbie here, but he can give you proof that he owns that exchanger Grin


If he owns an exchange why does he need public funding?  Doesn't want to risk his own money is my guess.

If he gives proof and comes out in press release I might consider funding. Otherwise this is just another scam
from what i read. they need capital to expand their business
so they sell their stocks to market
maybe better we wait OP to reply this question Grin

bryant.coleman
Hero Member
*****
Offline Offline

Activity: 798


The Emperor


View Profile

Ignore
April 12, 2014, 09:39:46 AM
 #15

If he owns an exchange why does he need public funding?  Doesn't want to risk his own money is my guess.
If he gives proof and comes out in press release I might consider funding. Otherwise this is just another scam

Have you checked his listing in Cryptostocks? Quite a lot of the details are given there.

seriouscoin
Hero Member
*****
Offline Offline

Activity: 658


View Profile

Ignore
April 12, 2014, 09:52:22 AM
 #16

Another  newbie account scammer with a so called "visionary" idea  to be launched soon on crypto stocks and then fail and disappear and after getting rich off your coins.

Haven't u guys learnt enough? Cheesy
he owns an exchanger in indonesia
many members trading BTC/IDR (local currency) there
maybe he is newbie here, but he can give you proof that he owns that exchanger Grin


If he owns an exchange why does he need public funding?  Doesn't want to risk his own money is my guess.

If he gives proof and comes out in press release I might consider funding. Otherwise this is just another scam




Go eats a bag of dicks , cosmofly. I know you're hurt that you lost btc in MtGox but please end yourself , dont live such a hateful life.
franky1
Legendary
*
Offline Offline

Activity: 1064



View Profile

Ignore
April 12, 2014, 10:25:26 AM
 #17


Hi Bit_Happy

Yeah, I am sorry for my English.  We are from non-spoken English country.

Our plan actually quite simple. We will do the following step:

1. Bitcoin.co.id is currently raising fund , example using https://cryptostocks.com/securities/120

2. We will established our office in Bali - we will open offline bitcoin exchanger.

3. We will launch mobile apps for payment gateway so merchant can start accepting bitcoin in offline

4. We will cooperate with money changer to start accepting Bitcoin ( we have the apps as well)

5. We will cooperate with Australia, Singapore, Malaysia  Travel Agent and Bitcoin Exchanger for education

6. Tourist can start coming to bali by only bringing bitcoin instead of their local currency


What do you guys think ?

before even trying to fundraise a sinle coin. atleast show proof of motives.
it does not cost anything to get shops to set up bitpay accounts. only conversations.
having a person on the island trading bitcoins for national currency does not cost any large amount of set up costs. its just advertising it on bali forums that the service is available and asking shops to spread the word.

make videos of shops accepting it and a guy exchanging it (the free stuff anyone can set up without costs) then you may get funding coming in faster.
before even renting an office, there are many things you can do for free.. so please do those things and document them. this will show that your goals do exist in reality and that you have the experience and enthusiasm to see it happen.

rather then just appearing as a pseudonym on a forum asking for money. i like to see projects succeed but nobody likes to be putting money into a project that cant even show current PHYSICAL progress.

also to note. if you need "funding" just to do the free stuff, then to many people, it appears that your previous life experience has not awarded you with enough wealth/knowledge to do simple tasks. this makes people think that the project will fail before it has started, because you are not good with money or have experience in conversations to tempt shops to signup.

i hope you prove people wrong and show current progress and actual physical results.. before asking for funds

Do not take any information given on this forum on face value. Please do your own due diligence and respect what is written here as both opinion and information gleaned from experience. If you wish to seek legal FACTUAL advice, then seek the guidance of a LEGAL specialist
BitCoinDream
Hero Member
*****
Offline Offline

Activity: 644

The revolution will be digital


View Profile

Ignore
April 12, 2014, 10:36:48 AM
 #18

This is an interesting development IMO. I wonder how the Government will treat U...

cosmofly
Full Member
***
Offline Offline

Activity: 126


View Profile

Ignore
April 12, 2014, 11:01:58 AM
 #19

Another  newbie account scammer with a so called "visionary" idea  to be launched soon on crypto stocks and then fail and disappear and after getting rich off your coins.

Haven't u guys learnt enough? Cheesy
he owns an exchanger in indonesia
many members trading BTC/IDR (local currency) there
maybe he is newbie here, but he can give you proof that he owns that exchanger Grin


If he owns an exchange why does he need public funding?  Doesn't want to risk his own money is my guess.

If he gives proof and comes out in press release I might consider funding. Otherwise this is just another scam



I know you're hurt that you lost btc in MtGox

Never used Mtgox, don't have username

Are you OK BTW? You seem angry
cosmofly
Full Member
***
Offline Offline

Activity: 126


View Profile

Ignore
April 12, 2014, 11:03:17 AM
 #20


Hi Bit_Happy

Yeah, I am sorry for my English.  We are from non-spoken English country.

Our plan actually quite simple. We will do the following step:

1. Bitcoin.co.id is currently raising fund , example using https://cryptostocks.com/securities/120

2. We will established our office in Bali - we will open offline bitcoin exchanger.

3. We will launch mobile apps for payment gateway so merchant can start accepting bitcoin in offline

4. We will cooperate with money changer to start accepting Bitcoin ( we have the apps as well)

5. We will cooperate with Australia, Singapore, Malaysia  Travel Agent and Bitcoin Exchanger for education

6. Tourist can start coming to bali by only bringing bitcoin instead of their local currency


What do you guys think ?

before even trying to fundraise a sinle coin. atleast show proof of motives.
it does not cost anything to get shops to set up bitpay accounts. only conversations.
having a person on the island trading bitcoins for national currency does not cost any large amount of set up costs. its just advertising it on bali forums that the service is available and asking shops to spread the word.

make videos of shops accepting it and a guy exchanging it (the free stuff anyone can set up without costs) then you may get funding coming in faster.
before even renting an office, there are many things you can do for free.. so please do those things and document them. this will show that your goals do exist in reality and that you have the experience and enthusiasm to see it happen.

rather then just appearing as a pseudonym on a forum asking for money. i like to see projects succeed but nobody likes to be putting money into a project that cant even show current PHYSICAL progress.

also to note. if you need "funding" just to do the free stuff, then to many people, it appears that your previous life experience has not awarded you with enough wealth/knowledge to do simple tasks. this makes people think that the project will fail before it has started, because you are not good with money or have experience in conversations to tempt shops to signup.

i hope you prove people wrong and show current progress and actual physical results.. before asking for funds

+1

I'm with Franky on this
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
April 12, 2014, 11:09:20 AM
 #21

Another  newbie account scammer with a so called "visionary" idea  to be launched soon on crypto stocks and then fail and disappear after getting rich off your coins.

Haven't u guys learnt enough? Cheesy


Yes, we are newbie in this forum. But Our exchanger bitcoin.co.id is already existing in Indonesia for quite some time. We are currently the Biggest Bitcoin Exchanger in Indonesia. You can check about us in coindesk.com or searching for "oscar darmawan bitcoin" in google

I am sorry if I just start visiting this international forum. Normally I only active in our local Indonesia community

We have about 5000 member plus currently in Bitcoin.co.id


If he owns an exchange why does he need public funding?  Doesn't want to risk his own money is my guess.
If he gives proof and comes out in press release I might consider funding. Otherwise this is just another scam


We do have some press release but in bahasa: http://indonesia.bitcoin.co.id/ingin-ikut-memiliki-perusahaan-bitcoin-co-id/

It's true that we get some healthy profit from Bitcoin Exchanges but our exchanges still quite small. It's about 10 - 30 BTC volume daily. To do this Business plan, We need more funding thats why we open this crowdfunding investment. I hope it clear the missunderstanding. Thank you

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
April 12, 2014, 11:25:23 AM
 #22


Hi Bit_Happy

Yeah, I am sorry for my English.  We are from non-spoken English country.

Our plan actually quite simple. We will do the following step:

1. Bitcoin.co.id is currently raising fund , example using https://cryptostocks.com/securities/120

2. We will established our office in Bali - we will open offline bitcoin exchanger.

3. We will launch mobile apps for payment gateway so merchant can start accepting bitcoin in offline

4. We will cooperate with money changer to start accepting Bitcoin ( we have the apps as well)

5. We will cooperate with Australia, Singapore, Malaysia  Travel Agent and Bitcoin Exchanger for education

6. Tourist can start coming to bali by only bringing bitcoin instead of their local currency


What do you guys think ?

before even trying to fundraise a sinle coin. atleast show proof of motives.
it does not cost anything to get shops to set up bitpay accounts. only conversations.
having a person on the island trading bitcoins for national currency does not cost any large amount of set up costs. its just advertising it on bali forums that the service is available and asking shops to spread the word.

make videos of shops accepting it and a guy exchanging it (the free stuff anyone can set up without costs) then you may get funding coming in faster.
before even renting an office, there are many things you can do for free.. so please do those things and document them. this will show that your goals do exist in reality and that you have the experience and enthusiasm to see it happen.

rather then just appearing as a pseudonym on a forum asking for money. i like to see projects succeed but nobody likes to be putting money into a project that cant even show current PHYSICAL progress.

also to note. if you need "funding" just to do the free stuff, then to many people, it appears that your previous life experience has not awarded you with enough wealth/knowledge to do simple tasks. this makes people think that the project will fail before it has started, because you are not good with money or have experience in conversations to tempt shops to signup.

i hope you prove people wrong and show current progress and actual physical results.. before asking for funds

Hi Franky1


Thank you for your reply. Yes we do in negotiation with some angel investor and VC from other country and small investment from our local entrepreneur. We are currently negotiating with the term and agreement with them. But capital gain and foreign investment is something that quite tough in Indonesia if using proper legal paper work.  We are currently securing about $200k if the legal, capital gain tax and all paper work done.

We also don't have any local Angel Investor platform in Indonesia. Therefore we are running this alternative platform in Cryptostocks.com following what cryptsy.com does.

If any Angel Investor interested to support us in this forum, we will be very happy to present our full business plan.

I am quite agree with Franky1. Regardless getting the money or not, we are still opening office in Bali. We already did the survey last month. But it will be nice if we can get proper funding to make the merchant and exchanges in Bali more confident when we are launching this plan.

It always better to have proper physical office in present when we need to convince people to accept Bitcoin especially it related with money. Because in our business plan, they can withdraw their Bitcoin in cash from our Office / store. I hope this explain our motive. Thank you.



0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
franky1
Legendary
*
Offline Offline

Activity: 1064



View Profile

Ignore
April 12, 2014, 11:56:36 AM
 #23


Hi Franky1


Thank you for your reply. Yes we do in negotiation with some angel investor and VC from other country and small investment from our local entrepreneur. We are currently negotiating with the term and agreement with them. But capital gain and foreign investment is something that quite tough in Indonesia if using proper legal paper work.  We are currently securing about $200k if the legal, capital gain tax and all paper work done.

We also don't have any local Angel Investor platform in Indonesia. Therefore we are running this alternative platform in Cryptostocks.com following what cryptsy.com does.

If any Angel Investor interested to support us in this forum, we will be very happy to present our full business plan.

I am quite agree with Franky1. Regardless getting the money or not, we are still opening office in Bali. We already did the survey last month. But it will be nice if we can get proper funding to make the merchant and exchanges in Bali more confident when we are launching this plan.

It always better to have proper physical office in present when we need to convince people to accept Bitcoin especially it related with money. Because in our business plan, they can withdraw their Bitcoin in cash from our Office / store. I hope this explain our motive. Thank you.


at day one i and other people that are experienced investors, do not care about you having an office. i care about seeing results. anyone can set up an office and do absolutely no work.
results i want to see which can be done for free
1. a video on youtube showing you talking to merchants in the bali island
2. a video of you desribing the project (to atleast see your face, and not a pseudonym)
3. a video of you atleast convincing one merchant to accept bitcoin
4. not needed to do yet, but.. real life details should be given to anyone that PLEDGES support

the main reasons for this are: that the other top three above also shows you can put your own time and money into just talking to people in bali. EG paying for transport (taxi/plane/whatever)

also to add
Quote
Bitcoin.co.id will offer 10,000 non-diluted fee shares for a price of 0.05 BTC per share at IPO which actually taken from 5% of total value of company valuation in the current market
.

10k shares = 500BTC.
500x5%=10,000btc

are you seriously trying to value your exchange as being worth $4mill (10kbtc @ $400), but you cant even afford to talk to merchants?

Do not take any information given on this forum on face value. Please do your own due diligence and respect what is written here as both opinion and information gleaned from experience. If you wish to seek legal FACTUAL advice, then seek the guidance of a LEGAL specialist
buffett
Jr. Member
*
Offline Offline

Activity: 48


View Profile

Ignore
April 12, 2014, 12:01:29 PM
 #24


Hi Bit_Happy

Yeah, I am sorry for my English.  We are from non-spoken English country.

Our plan actually quite simple. We will do the following step:

1. Bitcoin.co.id is currently raising fund , example using https://cryptostocks.com/securities/120

2. We will established our office in Bali - we will open offline bitcoin exchanger.

3. We will launch mobile apps for payment gateway so merchant can start accepting bitcoin in offline

4. We will cooperate with money changer to start accepting Bitcoin ( we have the apps as well)

5. We will cooperate with Australia, Singapore, Malaysia  Travel Agent and Bitcoin Exchanger for education

6. Tourist can start coming to bali by only bringing bitcoin instead of their local currency


What do you guys think ?

before even trying to fundraise a sinle coin. atleast show proof of motives.
it does not cost anything to get shops to set up bitpay accounts. only conversations.
having a person on the island trading bitcoins for national currency does not cost any large amount of set up costs. its just advertising it on bali forums that the service is available and asking shops to spread the word.

make videos of shops accepting it and a guy exchanging it (the free stuff anyone can set up without costs) then you may get funding coming in faster.
before even renting an office, there are many things you can do for free.. so please do those things and document them. this will show that your goals do exist in reality and that you have the experience and enthusiasm to see it happen.

rather then just appearing as a pseudonym on a forum asking for money. i like to see projects succeed but nobody likes to be putting money into a project that cant even show current PHYSICAL progress.

also to note. if you need "funding" just to do the free stuff, then to many people, it appears that your previous life experience has not awarded you with enough wealth/knowledge to do simple tasks. this makes people think that the project will fail before it has started, because you are not good with money or have experience in conversations to tempt shops to signup.

i hope you prove people wrong and show current progress and actual physical results.. before asking for funds

Hi My name is William Sutanto, CTO of bitcoin.co.id,

I understand your concern, that is also my concern before do this fund-raising. The reason we need this fund asap is because we just get a very nice space in the heart of tourism spot in Bali, and it must be paid in this 1-2 weeks or we lose it. We will execute this plan either the fund-raising succeed or not. If we got the fund, we will start big, if not, we will use our limited fund to realize this idea.

About PHYSICAL progress, we are currently no. 1 bitcoin open exchange in Indonesia. Our service launched on 15 February 2014 (2 months ago) and now we already have 5000+ members registered. We are active member in bitcoin community (local & south east asia). Oscar was a speaker for World Bitcoin Conference in Kuala Lumpur (http://www.events-actually.com.sg/wbc2014.php). We also got media coverages, a lot. You can google them Smiley

Our exchange is already profitable. If we want to make money, we can just focus in expanding our exchange business. There are already 3 serious angel investors interested in our exchange. But that is not enough, beside making profit we want bitcoin to be mainstream, we want bitcoin has real usage in daily life, not just a speculative instrument.

We are not trying to sell you with nothing, even without the Bitcoin Island idea the stock is a good deal backed up by our exchange business.

Quote
at day one i and other people that are experienced investors, do not care about you having an office. i care about seeing results. anyone can set up an office and do absolutely no work.
results i want to see which can be done for free
1. a video on youtube showing you talking to merchants in the bali island
2. a video of you desribing the project (to atleast see your face, and not a pseudonym)
3. a video of you atleast convincing one merchant to accept bitcoin

all of this can be done for free!

you will begin to see some result in next few weeks.
franky1
Legendary
*
Offline Offline

Activity: 1064



View Profile

Ignore
April 12, 2014, 12:08:31 PM
 #25

do not get me wrong, i do like the idea, and support the plan you have mentioned. but for proper financial trust, people like to see more then just a idea.

on this forum, your just a pseudonym right now.
i can easily say "i am the indonisia exchange owner give me money".. in fact i just did..

you say you are number 1.. which means you have enough money to pay for a weekend of conversations in bali. self funded.
well then, this weekend get to bali. make some videos of you convincing merchants to accept bitcoin. allow them to sign up their bank details with your exchange. you do not need a physical office for this.
you CAN and SHOULD do this even without investment.

this will prove you have a business plan and not just an idea. and alot of angel investor will love the proof you provide.

another example of why i ask this.
angel investors did not approach you the day you said "i want to start an exchange". they are now only talking to you now they see results.

Do not take any information given on this forum on face value. Please do your own due diligence and respect what is written here as both opinion and information gleaned from experience. If you wish to seek legal FACTUAL advice, then seek the guidance of a LEGAL specialist
buffett
Jr. Member
*
Offline Offline

Activity: 48


View Profile

Ignore
April 12, 2014, 12:15:27 PM
 #26

lol no, your just a pseadunym right now..

i can easily say "i am the indonisia exchange owner give me money".. in fact i just did..

you say you are number 1..
well then, this weekend get to bali. make some videos of you convincing merchants to accept bitcoin. allow them to sign up their bank details with your exchange. you do not need a physical office for this.
you CAN and SHOULD do this even without investment.

this will prove you have a business plan and not just an idea.


do not get me wrong, i do like the idea, and support the plan you have mentioned. but for proper financial trust, people like to see more then just a idea.

Thank you, we will keep our progress documented.
nuff
Sr. Member
****
Offline Offline

Activity: 266


View Profile

Ignore
April 12, 2014, 12:44:59 PM
 #27

Another  newbie account scammer with a so called "visionary" idea  to be launched soon on crypto stocks and then fail and disappear after getting rich off your coins.

Haven't u guys learnt enough? Cheesy

That's quite a heavy accusation there cosmo. You may not know, but here in this part of the world we're quite an enthusiastic bunch.  We have weekly gatherings where local bitcoiners meet and just talk bitcoin, we have events and conferences promoting the understanding of bitcoin, we have campaigns giving out free bitcoins to spread awareness. We prefer to have optimism, something that is sorely missing in the bitcoin world now
franky1
Legendary
*
Offline Offline

Activity: 1064



View Profile

Ignore
April 12, 2014, 01:04:22 PM
 #28

Another  newbie account scammer with a so called "visionary" idea  to be launched soon on crypto stocks and then fail and disappear after getting rich off your coins.

Haven't u guys learnt enough? Cheesy

we have learnt. but the subtle way of doing it is to ask thm to prove themselves.. if a scammer they will shoot themselves in the foot and hobble away with their lack of evidence. if legit then the business can prosper.

but before any funds are handed over we need to see if they hobble away or jump at the chance to expand. one thing is for sure statements like "we will keep you updated" are meaningless. lets all wait for actual evidence and not worded 'update' statements

Do not take any information given on this forum on face value. Please do your own due diligence and respect what is written here as both opinion and information gleaned from experience. If you wish to seek legal FACTUAL advice, then seek the guidance of a LEGAL specialist
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
April 12, 2014, 01:54:08 PM
 #29

do not get me wrong, i do like the idea, and support the plan you have mentioned. but for proper financial trust, people like to see more then just a idea.

on this forum, your just a pseudonym right now.
i can easily say "i am the indonisia exchange owner give me money".. in fact i just did..

you say you are number 1.. which means you have enough money to pay for a weekend of conversations in bali. self funded.
well then, this weekend get to bali. make some videos of you convincing merchants to accept bitcoin. allow them to sign up their bank details with your exchange. you do not need a physical office for this.
you CAN and SHOULD do this even without investment.

this will prove you have a business plan and not just an idea. and alot of angel investor will love the proof you provide.

another example of why i ask this.
angel investors did not approach you the day you said "i want to start an exchange". they are now only talking to you now they see results.

Actually there are many of my video in youtube. In facebook community there are also many of our photo which talking with people ,pers and merchant. We do have free seminar monthly. Almost all our activity base in Jakarta now. Majority of our profit spend for bitcoin education and spreading bitcoin awareness in Indonesia. Yes, we are self funding now.

Feel free come to Indonesia. You may surprise. We are one of bitcoin community that more active in offline than pseudonym (online) world not like other country. We are very active in offline world.

You can even read one of the bitcoin merchant in Jakarta via coindesk
http://www.coindesk.com/indonesia-full-bitcoin-exchange-merchant-network-grows/

Note: you can see my photo there Smiley

When we are move to Bali, other Bitcoin group in Indonesia will still keep spread awareness in Jakarta. We got nice offline community here call 'Indonesia Bitcoin Community'

Myself and William will concentrate in this Bali project.

If you want our documentary in bali, i will record it for you later by next month. Either we got funding or not, plan will be progress but it may be in the smaller scale depending on our cash that we have in next month. We are doing our budgeting plan by early of next month.

I hope this effort can be success and can give own milestone in Bitcoin world.

We are used underestimated by international market Smiley Especially because we are not english spoken country.

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
Bit_Happy
Legendary
*
Offline Offline

Activity: 1008


A Great Time to Start Something!


View Profile

Ignore
April 13, 2014, 07:58:48 AM
 #30

Another  newbie account scammer with a so called "visionary" idea  to be launched soon on crypto stocks and then fail and disappear after getting rich off your coins.

Haven't u guys learnt enough? Cheesy

That's quite a heavy accusation there cosmo. You may not know, but here in this part of the world we're quite an enthusiastic bunch.  We have weekly gatherings where local bitcoiners meet and just talk bitcoin, we have events and conferences promoting the understanding of bitcoin, we have campaigns giving out free bitcoins to spread awareness. We prefer to have optimism, something that is sorely missing in the bitcoin world now

We prefer to have optimism..
Optimism and a good plan can do almost anything.  Smiley

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
April 13, 2014, 04:32:24 PM
 #31

Another  newbie account scammer with a so called "visionary" idea  to be launched soon on crypto stocks and then fail and disappear after getting rich off your coins.

Haven't u guys learnt enough? Cheesy

That's quite a heavy accusation there cosmo. You may not know, but here in this part of the world we're quite an enthusiastic bunch.  We have weekly gatherings where local bitcoiners meet and just talk bitcoin, we have events and conferences promoting the understanding of bitcoin, we have campaigns giving out free bitcoins to spread awareness. We prefer to have optimism, something that is sorely missing in the bitcoin world now

We prefer to have optimism..
Optimism and a good plan can do almost anything.  Smiley

Thank you @bit_happy .

We will setup one website starting this May to update about this Bitcoin Island Project . We will use video as franky1 suggestion. I think it really is good suggestion. Thank you @franky1

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
April 14, 2014, 06:48:50 AM
 #32

ah, I just realize our thread has been moved to project development instead of bitcoin discussion. It make us has double topic in this subforum.

Please give us comment and feedback in this thread then. Thank you

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
BitOnyx
Member
**
Offline Offline

Activity: 112

Cryptocurrencies Exchange


View Profile WWW

Ignore
April 14, 2014, 10:40:15 AM
 #33

If Indonesia won't worry about it Wink

I wonder how long will it take for me to get there Grin

bcmine
Full Member
***
Offline Offline

Activity: 141



View Profile WWW

Ignore
April 14, 2014, 11:42:36 AM
 #34

Another  newbie account scammer with a so called "visionary" idea  to be launched soon on crypto stocks and then fail and disappear after getting rich off your coins.

Haven't u guys learnt enough? Cheesy

That's quite a heavy accusation there cosmo. You may not know, but here in this part of the world we're quite an enthusiastic bunch.  We have weekly gatherings where local bitcoiners meet and just talk bitcoin, we have events and conferences promoting the understanding of bitcoin, we have campaigns giving out free bitcoins to spread awareness. We prefer to have optimism, something that is sorely missing in the bitcoin world now

We prefer to have optimism..
Optimism and a good plan can do almost anything.  Smiley

Thank you @bit_happy .

We will setup one website starting this May to update about this Bitcoin Island Project . We will use video as franky1 suggestion. I think it really is good suggestion. Thank you @franky1

Very interesting project. It has to grow more, I guess, to be legit for fundraising. In this early step of developing, your idea can fail very fast. Even if you are legit, I would wait for investing money into it or spend as much I can lose. Keep on working  Smiley

personal Escrow Service
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
April 14, 2014, 12:07:06 PM
 #35

hi @bcmine

No worries, we will keep our project documentary and available online for every 2 weeks time. I hope it can help communicating our project progress to the world. Thank you to supporting us by drop by in this Topics

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
April 15, 2014, 07:00:38 PM
 #36

pahe bahasa indo aja deh, malas nulis bahasa inggris wkakak
baru kemarin baca disini -> http://indonesia.bitcoin.co.id/ingin-ikut-memiliki-perusahaan-bitcoin-co-id/
udah ada aja threadnya disana
mantap idenya, saya mendukung penuh usahanya  Grin
ide bagus untuk menjadikan bali sebagai pusat transaksi bitcoin, karena disana banyak turis dari luar negeri yang kemungkinan sudah mengenal bitcoin
kalau banyak merchant yang menerima transaksi bitcoin kan jadi bagus

cuma apa gak terbentur sama kebijakan BI yang melarang transaksi jual-beli menggunakan bitcoin di indonesia?
EDIT : ternyata dituker ke IDR dulu ya pake ATM BTC, dikira langsung trx pake bitoin

beli sahamnya dulu deh mumpung masih murah




terimakasih @BigBoy89, tolong di doakan semoga rencana ini jalan lancar. Target kita mulai di bulan Mei ini. Semoga aja semua sesuai rencana.

Ide franky1 bagus nih bro, kita akan pastikan semua terdokumentasi biar lebih jelas dan laporannya ke bitcoin community

Kita ada beberapa kali ketemu BI, sebetulnya BI ga melarang kok bro, mereka bersikap netral. Kita good friend sama mereka sekarang ini

Btw tinggal di daerah mana ?

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
dewacoin
Newbie
*
Offline Offline

Activity: 5


View Profile

Ignore
April 17, 2014, 11:50:35 AM
 #37

Go.....

Bitcoin On Bali...

Saya Berdomisili di Bali...

Ada yg bs dibantu ?



funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
April 21, 2014, 11:21:26 AM
 #38

Go.....

Bitcoin On Bali...

Saya Berdomisili di Bali...

Ada yg bs dibantu ?





halo dewacoin,

Lets we meet up in first week of May Cheesy Our target for first week of May is settle down our office in Bali. Please check your PM, I send you my HP number so we can communicate easier.

Thank you

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
gagalady
Hero Member
*****
Offline Offline

Activity: 658


View Profile

Ignore
April 21, 2014, 12:46:32 PM
 #39

Good luck with this project, I'm sure you would get ALOT of tourist to your bitcoin Island as it's just something totally new that people never heard before of. I would be curious to visit it too.  Cheesy
rachoon
Newbie
*
Offline Offline

Activity: 6


View Profile

Ignore
April 21, 2014, 01:42:57 PM
 #40

Great project, semoga semakin banyak turis yang datang ke indonesia dengan adanya proyek ini.
kota lain kapan menyusul?
Mungkin karena telalu banyak 0 pada rate tukar bitcoin jadi orang indonesia masih belum banyak yang menggunakan bitcoin  Grin. teman-teman saya banyak yang belum mau menggunakan bitcoin karena hal ini, sebaiknya rate exchanger indonesia jangan menggunakan rate per BTC tapi mBTC biar nol-nya lebih sedikit  Grin .
 
VampiricElder
Sr. Member
****
Offline Offline

Activity: 271


View Profile

Ignore
April 22, 2014, 07:06:45 PM
 #41

0.05 btc per share is alot of money in Indonesia, but I have a question:

Your cryptostocks listing says dividends will be paid on the last friday of each month, so will you be making the first dividend payment this friday 25th April?
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
April 24, 2014, 06:57:36 AM
 #42

0.05 btc per share is alot of money in Indonesia, but I have a question:

Your cryptostocks listing says dividends will be paid on the last friday of each month, so will you be making the first dividend payment this friday 25th April?

Hi VampiricElder  

Yes, we will issue the first dividend base on last month performance by tomorrow Smiley  Our exchange revenue is still small currently but we will keep it professional. But we are confident with this Project Bitcoin Island, our trading volume (and revenue) will grow exponentially so it will make the dividend bigger Smiley

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
April 24, 2014, 07:00:43 AM
 #43

Good luck with this project, I'm sure you would get ALOT of tourist to your bitcoin Island as it's just something totally new that people never heard before of. I would be curious to visit it too.  Cheesy

I hope so. It will give revenue to our government as well. So they may support us more.  We will initiate this project and fly to Bali by next week (end of april 2014). I will make the video documentation for Bitcoin Community in here.

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
dewacoin
Newbie
*
Offline Offline

Activity: 5


View Profile

Ignore
April 24, 2014, 01:46:48 PM
 #44

Go.....

Bitcoin On Bali...

Saya Berdomisili di Bali...

Ada yg bs dibantu ?





halo dewacoin,

Lets we meet up in first week of May Cheesy Our target for first week of May is settle down our office in Bali. Please check your PM, I send you my HP number so we can communicate easier.

Thank you

Hello;

already had event meetup on ubud, come on joint us...

http://www.meetup.com/Ubud-Breakfast-with-Bitcoin/events/177217002/
thiec
Sr. Member
****
Offline Offline

Activity: 378

http://www.marketglory.com/strategygame/thiec


View Profile

Ignore
April 24, 2014, 02:04:00 PM
 #45

Good job guys. I also from Indonesia.  Wink

Lets make the world hear more about us and Bali is a very smart start

turnip628
Newbie
*
Offline Offline

Activity: 17


View Profile

Ignore
April 25, 2014, 10:58:57 AM
 #46


Hi VampiricElder  

Yes, we will issue the first dividend base on last month performance by tomorrow Smiley  Our exchange revenue is still small currently but we will keep it professional. But we are confident with this Project Bitcoin Island, our trading volume (and revenue) will grow exponentially so it will make the dividend bigger Smiley


Hi Funchiestz,
I already followed your journey since you establish BTCID.
and I have no doubt on your professionalism and your breakthroughs in introducing BTC to Indonesian market.

but ummm,
you should be pay the 1st dividen today at 15.00 UTC+7
and I haven't received my dividen. you already missed about 3 hours.. but still acceptable.

however,
I'm fully support all your effort and plan to promoting bitcoin in Indonesia.

go BTCID Smiley
VampiricElder
Sr. Member
****
Offline Offline

Activity: 271


View Profile

Ignore
April 25, 2014, 06:26:05 PM
 #47

no dividend paid, no announcement made, not professional.
turnip628
Newbie
*
Offline Offline

Activity: 17


View Profile

Ignore
April 26, 2014, 04:04:48 AM
 #48

1 day passed, still no dividend and no announcement.
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
April 26, 2014, 08:27:07 AM
 #49

Dear All Members

We would to thank you for buying our shares as token appreciation for supporting our Bitcoin Island Project. We also already paid the dividend as agreement.

Here is the summary transaction for our exchanges:
Period : 1 March 2014 - 31 March 2014

Volume Bitcoin Trading in Rupiah                                             Rp  2,522,224,177.00
Trading Fee Income in Rupiah                                                 Rp       15,133,345.06
Shares Percentage                                                                                        5.00%
Total Dividend for Cryptostocks Investors                                 Rp            756,667.25
Latest Bitcoin price in IDR                                                      Rp         5,150,000.00
Total Dividend for Cryptostocks in BTC  (10,000 shares)                            0.14692568

Dividend per Shares in BTC    0.00001469
Total Shared Held Publicly     98
Total Dividend Paid              0.001439872


We know our dividend is still small in the moment. But we believe our trading volume will be increase by multiple times after our project launch this May 2014 and it will increase the dividend as well.

Best Regards

Bitcoin.co.id - Indonesia Bitcoin Exchange

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
VampiricElder
Sr. Member
****
Offline Offline

Activity: 271


View Profile

Ignore
April 27, 2014, 04:32:56 AM
 #50

if anyone is interested in buying a btcid share from me today i will transfer to your cryptostocks account for .04 btc. otherwise i will just wait til the ipo is lifted and il sell it then
edysalim
Newbie
*
Offline Offline

Activity: 1


View Profile

Ignore
April 28, 2014, 05:31:04 PM
 #51

Dear All Members

We would to thank you for buying our shares as token appreciation for supporting our Bitcoin Island Project. We also already paid the dividend as agreement.

Here is the summary transaction for our exchanges:
Period : 1 March 2014 - 31 March 2014

Volume Bitcoin Trading in Rupiah                                             Rp  2,522,224,177.00
Trading Fee Income in Rupiah                                                 Rp       15,133,345.06
Shares Percentage                                                                                        5.00%
Total Dividend for Cryptostocks Investors                                 Rp            756,667.25
Latest Bitcoin price in IDR                                                      Rp         5,150,000.00
Total Dividend for Cryptostocks in BTC  (10,000 shares)                            0.14692568

Dividend per Shares in BTC    0.00001469
Total Shared Held Publicly     98
Total Dividend Paid              0.001439872


We know our dividend is still small in the moment. But we believe our trading volume will be increase by multiple times after our project launch this May 2014 and it will increase the dividend as well.

Best Regards

Bitcoin.co.id - Indonesia Bitcoin Exchange

If per share dividend is 0.00001469 BTC compared to the investment 0.05 BTC, the return is very micro 0.02938%. I think you hv wrongly valuate your company. Investor will expect annual return above the traditional market (mutual fund, stock, deposit, ...)

turnip628
Newbie
*
Offline Offline

Activity: 17


View Profile

Ignore
April 29, 2014, 02:20:15 AM
 #52


If per share dividend is 0.00001469 BTC compared to the investment 0.05 BTC, the return is very micro 0.02938%. I think you hv wrongly valuate your company. Investor will expect annual return above the traditional market (mutual fund, stock, deposit, ...)


indeed. wrongly valuate and price per stock also quite high compared to other portfolio in cryptostocks.
there are lots of things that need to be fixed. but I still believe in them. hopefully they can meet their investors expectation in the coming months.

btw, is the IPO already lifted? no?
VampiricElder
Sr. Member
****
Offline Offline

Activity: 271


View Profile

Ignore
April 29, 2014, 10:20:27 AM
 #53

I have one share and i am already desperate to sell it
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
April 30, 2014, 07:33:18 PM
 #54

yes, IPO has already lifted just now.  We are doing valuation of our company base on our  existing investor schema therefore valuation of Bitcoin.co.id is $5M  (one investor give us $100,000 for 2% of our equity shares)

This fundraising is to supporting our Project in Bitcoin island. Therefore for anyone who want to support and believe this project please help us to buying our shares as token appreciation. This project is require quite big budget.

We believe this Project Bitcoin Island will bring healthy development in Bitcoin World.

Currently I already in Bali. Please let me know for any existing Bitcoiners in Bali if possible to meet up by this week or early next week.

To update our progress, Today we already in negotiation with landlord in here and the office suppose to be ready soon.

We will upload our video documentary when ready

Cheers !

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
nwfella
Legendary
*
Offline Offline

Activity: 854

1NTvUiPQn4xFFT5szKtxw69WvEFtM1X1gG


View Profile

Ignore
April 30, 2014, 08:03:44 PM
 #55

oh boy.  here we go

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
May 01, 2014, 07:43:09 AM
 #56

oh boy.  here we go

thank you Smiley 

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
St-ly_T
Member
**
Offline Offline

Activity: 100


View Profile

Ignore
May 01, 2014, 11:46:54 PM
 #57

Hi all !

I am newbie here. I am also quite new to crypto currencies. Just started learning about it early this year.

I am not affiliated to bitcoin.co.id but I think this is a good and promising business. I am talking about the exchange. Bitcoin to Indonesia rupiah, specifically. I think the market will grow.

As for the Bali Bitcoin island, not that convinced about the business yet.

Anyway, at first I am not that interested in buying bitcoin just to hope for it to increase in value. I was planning to have new business that can ride the growth of bitcoin industry but since I am still not able to put much capital yet, I think at 0.05BTC, this is one thing that I ride the growth of bitcoin  industry, especially in Indonesia market. Hopefully the turnover of bitcoin.co.id will grow and I can enjoy better dividend.

That is my rational for buying this stock.

Cheers !

NoDreamsWatching
Jr. Member
*
Offline Offline

Activity: 58


View Profile

Ignore
May 02, 2014, 09:06:37 AM
 #58

One way you could alleviate the issue of trust in your donation plan is to use a known, reputable, and paid bitcoin escrow service. Look up John K. at bitcoinforums, he is great. Cheers~
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
May 02, 2014, 01:18:49 PM
 #59

Hi all !

I am newbie here. I am also quite new to crypto currencies. Just started learning about it early this year.

I am not affiliated to bitcoin.co.id but I think this is a good and promising business. I am talking about the exchange. Bitcoin to Indonesia rupiah, specifically. I think the market will grow.

As for the Bali Bitcoin island, not that convinced about the business yet.

Anyway, at first I am not that interested in buying bitcoin just to hope for it to increase in value. I was planning to have new business that can ride the growth of bitcoin industry but since I am still not able to put much capital yet, I think at 0.05BTC, this is one thing that I ride the growth of bitcoin  industry, especially in Indonesia market. Hopefully the turnover of bitcoin.co.id will grow and I can enjoy better dividend.

That is my rational for buying this stock.

Cheers !



hi St-ly_T

Thank you for your support Smiley


======================

Actually our shares that we offer in Cryptostocks is more for appreciation's token for donation in project Bitcoin Island.  We know currently our business is still small. But we want to give something in return to our donator and investor that why we are offering dividend in return to say thank you for trusting us.

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
Bagus23
Member
**
Offline Offline

Activity: 94

Love Cryptocoin ~


View Profile

Ignore
May 02, 2014, 06:11:18 PM
 #60

Rome wasn't built in a day  Grin

keep good work bitcoin.co.id  Grin

:3
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
May 05, 2014, 04:07:44 AM
 #61

Rome wasn't built in a day  Grin

keep good work bitcoin.co.id  Grin

Hi bagus23

It seems like you are indonesian from your nickname. Please come to our gathering this 17 may @baywalk mall bali. Thank you Cheesy

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
thiec
Sr. Member
****
Offline Offline

Activity: 378

http://www.marketglory.com/strategygame/thiec


View Profile

Ignore
May 16, 2014, 10:55:14 AM
 #62

Any update??

Ratters
Sr. Member
****
Offline Offline

Activity: 266

@BTCRat


View Profile

Ignore
May 21, 2014, 11:53:24 AM
 #63

PMd you.

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
May 22, 2014, 06:03:08 PM
 #64

Any update??

hi Thiec

Please check our website http://bitislands.com/. We just finish create our official website for this project. We also upload documentary and how far the progress of this social project.

BitIslands is a social experiment that aim to make Bitcoin as Common Currency Worldwide

We just upload our video in Gili Air related this project

http://www.youtube.com/watch?v=9h2bFvMkM6A

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
bitsmichel
Full Member
***
Offline Offline

Activity: 238


View Profile

Ignore
May 22, 2014, 06:10:07 PM
 #65

Quote
Please check our website http://bitislands.com/. We just finish create our official website for this project. We also upload documentary and how far the progress of this social project.

this place looks really good and very interesting project.

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
May 22, 2014, 06:21:03 PM
 #66

Quote
Please check our website http://bitislands.com/. We just finish create our official website for this project. We also upload documentary and how far the progress of this social project.

this place looks really good and very interesting project.

Thank you. We also have video to showing why we are targeting Bali as Bitcoin Island:
http://www.youtube.com/watch?v=JSYXKglAwL0

Please give us feedback Smiley

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
lemfuture
Sr. Member
****
Offline Offline

Activity: 392


View Profile

Ignore
May 22, 2014, 06:25:09 PM
 #67

welp i enjoyed the vid. hope for the success, and may our travel expense be all in bitcoin  soon

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
May 22, 2014, 06:31:31 PM
 #68

welp i enjoyed the vid. hope for the success, and may our travel expense be all in bitcoin  soon

hi Lemfuture 

Thank you. We will keep update our progress in our website weekly with video and picture Smiley

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
May 23, 2014, 04:15:49 AM
 #69

We are welcome for any payment gateway, bitcoin atm and exchanger to participate in this project. Thank you

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
May 23, 2014, 05:08:17 AM
 #70

We update our website just now to allow people submit into our newsletter list. Please join our newsletter to get our latest update and progress in www.bitislands.com

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
Bagus23
Member
**
Offline Offline

Activity: 94

Love Cryptocoin ~


View Profile

Ignore
May 23, 2014, 07:35:56 AM
 #71

We update our website just now to allow people submit into our newsletter list. Please join our newsletter to get our latest update and progress in www.bitislands.com

keep goodwork admin  Grin

maybe next time i'll join gath  Grin

:3
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
May 23, 2014, 02:29:53 PM
 #72

We update our website just now to allow people submit into our newsletter list. Please join our newsletter to get our latest update and progress in www.bitislands.com

keep goodwork admin  Grin

maybe next time i'll join gath  Grin

Thank you @bagus23

Our office in Bali will be ready soon. Internet suppose to be connected by next week. We will start recruiting our Bali Employee by next week as well

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
thiec
Sr. Member
****
Offline Offline

Activity: 378

http://www.marketglory.com/strategygame/thiec


View Profile

Ignore
May 24, 2014, 07:58:19 AM
 #73

Any update??

hi Thiec

Please check our website http://bitislands.com/. We just finish create our official website for this project. We also upload documentary and how far the progress of this social project.

BitIslands is a social experiment that aim to make Bitcoin as Common Currency Worldwide

We just upload our video in Gili Air related this project

http://www.youtube.com/watch?v=9h2bFvMkM6A

Nice.

I hope we can get many list of merchant that accept btc (or ltc) soon.
Indonesia holiday season is coming up... and Bali is favorite destination

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
May 25, 2014, 03:27:26 AM
 #74

hi Thiec

Yes, as long as our office ready to be use by this end of month and we already hired our employees. We will start doing marketing for converting merchant. Stay up date ! Smiley

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
Bibop
Full Member
***
Offline Offline

Activity: 221


View Profile

Ignore
May 25, 2014, 02:08:15 PM
 #75

I hope your experiment will succeed!
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
May 25, 2014, 04:35:20 PM
 #76

I hope your experiment will succeed!

Hi Bibop

Thank you for your message

Hi All

We just update our website. We incorporate almost all Bitcoin Startup di Indonesia and some Bitcoin Startup from Singapore to supporting this Bitislands project.

We already having discussion with them including Bitcoiners Senior like Mr Christian and Mr Ville.

Please check it out : http://bitislands.com/about-us
 

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
Ratters
Sr. Member
****
Offline Offline

Activity: 266

@BTCRat


View Profile

Ignore
May 25, 2014, 09:08:06 PM
 #77

PMd You

St-ly_T
Member
**
Offline Offline

Activity: 100


View Profile

Ignore
May 26, 2014, 09:06:27 AM
 #78

http://ekonomi.kompasiana.com/moneter/2014/05/26/masa-depan-bank-di-indonesia-660015.html

A blog about the need of crypto currency but without mentioning a word of Bitcoin

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
May 27, 2014, 06:24:42 AM
 #79

http://ekonomi.kompasiana.com/moneter/2014/05/26/masa-depan-bank-di-indonesia-660015.html

A blog about the need of crypto currency but without mentioning a word of Bitcoin



Hi St-ly_T

Yeah, it actually describe Bitcoin.  I will try to leave comment in that discussion.

Update: Our office furniture will be ready by this week. Starting next week, we can start marketing bitcoin. Yay!

PS: kompas is our mainstream newspaper in Indonesia.

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
May 27, 2014, 12:15:56 PM
 #80

We just update our website with photo of our latest gathering for BitIslands.

Check it out http://bitislands.com/update/

We got support by many bitcoin startup (local and global) and bitcoiners in Bali

Thank you !

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
Ratters
Sr. Member
****
Offline Offline

Activity: 266

@BTCRat


View Profile

Ignore
May 27, 2014, 01:51:06 PM
 #81

Emailed you via the site.

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
May 27, 2014, 02:54:36 PM
 #82

Emailed you via the site.

Hi Ratters

Replied Cheesy Please check your PM

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
May 28, 2014, 03:25:53 PM
 #83

It seems today we got some coverage from media. I hope bitcoiners will come to support us. Come to bali guys!

http://www.maxkeiser.com/2014/05/bit-islands-for-bitcoin-in-indonesia/

http://www.ihavebitcoins.com/featured/bit-islands-bitcoin-indonesia/

http://www.techinasia.com/team-turn-bali-bitcoin-island/

Support our project Wink

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
May 29, 2014, 04:58:23 AM
 #84

Wow we just featured in Coindesk Cheesy

================================================================================

How Bitislands Plans to Turn All of Bali into ‘Bitcoin Paradise’
by Jon Southurst (@southtopia) - Coindesk.com

Tourists traveling to the tropical holiday island of Bali would “only need to bring bitcoin” under a new initiative called ‘Bitislands’ that is aiming to convince all local businesses to accept the digital currency, including money changers.

While there are several moves to create ‘Bitcoin Boulevards’ around the world in certain neighborhoods, this is the first attempt to convert an entire island.

The social experiment is sponsored by Bitcoin.co.id (also known as Bitcoin Indonesia), Indonesia’s largest exchange and bitcoin lobby group.

Bitcoin Indonesia’s co-founder and CEO Oscar Darmawan spoke to CoinDesk about the project, saying:

“We will show to the world that bitcoin can be a better money; as a first step we will convert Bali into Bitcoin Paradise Island.”

Community support

Darmawan noted that all prominent Indonesian bitcoin startups have backed the project, and other international companies from around the Southeast Asian region have added their names as well.

To date, this list of companies includes Artabit, CoinPip, Quantified, Coin of Sale, Tukarcash and Bitwyre.


On Bitislands’ advisory board are notable local and expat entrepreneurs and investors, including producer of the “Life on Bitcoin” documentary Christian Hsieh, Quantified Assets CEO Ville Oehman, CEO of Indonesia’s biggest internet marketing forum Ricky Andrian, and the organizer of ‘Ubud Breakfast with Bitcoin‘ events Gary Dykstra.

Gaining a foothold

The project’s first goal is to set up an office and Bitcoin Information Center in Bali, and the island’s first offline bitcoin exchange. To show how serious a project Bitislands is, Bitcoin Indonesia’s CTO and other co-founder William Sutanto has relocated to Bali to personally oversee operations.

Bitcoin promises to spare travelers the headaches of having to change currency at every destination, like exchange rate ripoffs, money changer fees, the need for constant mental price conversions and others.

The Bitislands team is inviting bitcoin fans worldwide to support the initiative through donations, spreading the word and even volunteering in Bali itself.

Attracting entrepreneurs

Bali is probably a more perfect location for mass bitcoin adoption than most would assume.

Once known as a haven for surfers and hippies, the island’s image has shifted over time to that of a more mainstream tourist destination, popular especially with travelers and party-goers from Australia and Japan.

More recently, though, it has begun to attract digital nomads and other entrepreneurs from around the world as the perfect place to run a laptop-based startup.

Bali’s warm climate and relaxed, low-cost lifestyle appeals to location-independent developers who only need to meet with co-workers and clients in person a few times a year, if ever.

This situation has created a thriving startup ecosystem, generating even more interest in the area. There are already a few entrepreneurial co-working spaces there, including Hubud in the town of Ubud, The Sanur Space in Sanur, and the offices of web design and marketing company Lumonata in main center Kuta.

For more on how bitcoin could reshape international travel, read our most recent analysis.

link: http://www.coindesk.com/bitislands-bali-bitcoin-paradise/

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
nwfella
Legendary
*
Offline Offline

Activity: 854

1NTvUiPQn4xFFT5szKtxw69WvEFtM1X1gG


View Profile

Ignore
May 29, 2014, 06:10:55 AM
 #85

Congratulations on the article posted in CoinDesk earlier today fellas.  Though I too am a bit uncertain about the valuation your giving your company right out of the gate I'm still impressed with the vision thus far.  The more smaller countries that hop on the bitcoin bandwagon in a big way, the less larger more corrupt governments impact will ultimately have on bitcoin flourishing.

*Because of my uncertainty regarding whether or not your currently overvalued I won't be purchasing any shares right now but I am definately keeping an eye on you guys and wish you all the best.

BTW, the pictures I found online for Bali are absolutely beautiful...looking forward to the day when I can afford to get over there with nothing but bitcoin in the wallet on my phone Wink

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
May 29, 2014, 06:37:12 AM
 #86

Hi NwFella

Thank you for your support and drop by in our thread. Shares that we are selling in cryptostocks.com actually more for donation token that we can pay back in the near future later because we really need to secure some funding to running this project. If you are willing to support us financially,  you also can just donate via bitcoin donation address directly.

We will keep update our progress in the website. We really believe this project will work in this islands.

Please come to Bali if you have time and come to our office, we will treat you Smiley

Congratulations on the article posted in CoinDesk earlier today fellas.  Though I too am a bit uncertain about the valuation your giving your company right out of the gate I'm still impressed with the vision thus far.  The more smaller countries that hop on the bitcoin bandwagon in a big way, the less larger more corrupt governments impact will ultimately have on bitcoin flourishing.

*Because of my uncertainty regarding whether or not your currently overvalued I won't be purchasing any shares right now but I am definately keeping an eye on you guys and wish you all the best.

BTW, the pictures I found online for Bali are absolutely beautiful...looking forward to the day when I can afford to get over there with nothing but bitcoin in the wallet on my phone Wink

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
May 30, 2014, 06:00:23 AM
 #87

Dear Investors and Donaturs

We would to thank you for buying our shares as token appreciation for supporting our BitIsland Project. We already paid the dividend as agreement.

Here is the summary transaction for our exchanges:
Period : 1 April 2014 - 30 April 2014
Volume Bitcoin Trading in BTC                                   517.83243168   BTC
Trading Fee Income in BTC                                          3.10699459    BTC
Total Shares Percentage                                             5.00%
Total Dividend for Cryptostocks Investors                        0.15534973  BTC

Dividend per Shares in BTC               0.00001553
Total Shared Held Publicly             190
Total Dividend Paid                         0.00295164   BTC

Our trading volume in April 2014 is increased by  106% than March 2014. Thank you for your continued support and for the confidence that you have placed in us.

Best Regards

Bitcoin.co.id - Indonesia Bitcoin Exchange

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
June 01, 2014, 02:20:10 AM
 #88

It seems like cryptostocks still having issue with their wallet. We are removing option to donate via cryptostocks in the mean time.  You may donate this project through bitcoin addreess directly.

Address: 1sLAndWaCHYGD8F5LdQ9baXCXoNmsXtsg

I hope cyptostocks issue will be solved soon

Thank you

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
Tobias10
Newbie
*
Offline Offline

Activity: 2


View Profile

Ignore
June 01, 2014, 10:30:43 AM
 #89

As all those who use cryptostocks website are nervous, i suggest that you ask the public shareholder to vote:

1. Remains as it is
2. Unlist from cryptostocks. Just pay the dividend to all current holders as usual.
3. Unlist from cryptostocks by buying back all the shares at probably weighted, pre determined price.
oureptsC
Full Member
***
Offline Offline

Activity: 196


View Profile

Ignore
June 01, 2014, 10:51:07 AM
 #90

Sounds like a cool idea, but most effect for project like this one only Bitcoin enthusiasts who owns a lot of bitcoins or are just rich in FIAT money can do something about It because just regular FIAT merchants wouldn't want additional problems and risk and they are just good with FIAT, but what you are doing Is really great and I support your idea 100%.

unexecuted
Member
**
Offline Offline

Activity: 105


View Profile

Ignore
June 01, 2014, 11:56:30 AM
 #91

Serious question: what is internet access like on these islands?
Tobias10
Newbie
*
Offline Offline

Activity: 2


View Profile

Ignore
June 01, 2014, 01:06:48 PM
 #92

Serious question: what is internet access like on these islands?

Internet access is available widely although speed may not be that satisfying.

You should come and experience it.

Or ask people you know who has been to Bali
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
June 01, 2014, 04:20:53 PM
 #93

As all those who use cryptostocks website are nervous, i suggest that you ask the public shareholder to vote:

1. Remains as it is
2. Unlist from cryptostocks. Just pay the dividend to all current holders as usual.
3. Unlist from cryptostocks by buying back all the shares at probably weighted, pre determined price.


Hi Tobias10

I agree with your suggestion. We are currently wait and see for this cryptostocks issue before taking any action. We will give them (cryptostocks) to solving the issue until Wednesday before doing any action.  

Regards

Bitcoin.co.id

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
KimNam
Hero Member
*****
Online Online

Activity: 518



View Profile

Ignore
June 01, 2014, 04:28:02 PM
 #94

Dear Investors and Donaturs

We would to thank you for buying our shares as token appreciation for supporting our BitIsland Project. We already paid the dividend as agreement.

Here is the summary transaction for our exchanges:
Period : 1 April 2014 - 30 April 2014
Volume Bitcoin Trading in BTC                                   517.83243168   BTC
Trading Fee Income in BTC                                          3.10699459    BTC
Total Shares Percentage                                             5.00%
Total Dividend for Cryptostocks Investors                        0.15534973  BTC

Dividend per Shares in BTC               0.00001553
Total Shared Held Publicly             190
Total Dividend Paid                         0.00295164   BTC

Our trading volume in April 2014 is increased by  106% than March 2014. Thank you for your continued support and for the confidence that you have placed in us.

Best Regards

Bitcoin.co.id - Indonesia Bitcoin Exchange
0.05 BTC is price per 1 share
and then 1 share make 0.00001553 BTC per month
so : (0.00001553 BTC / 0.05 BTC) * 100% = 0.031 % per month
and 12 * 0.031% = 0.372%. not even 1% dividents annually

i think your company was overvalued, and your stock / share price way too expensive
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
June 01, 2014, 04:50:10 PM
 #95

0.05 BTC is price per 1 share
and then 1 share make 0.00001553 BTC per month
so : (0.00001553 BTC / 0.05 BTC) * 100% = 0.031 % per month
and 12 * 0.031% = 0.372%. not even 1% dividents annually

i think your company was overvalued, and your stock / share price way too expensive

Hi KimNam,

Thank you to drop by. Actually our shares that we offer in Cryptostocks is more for appreciation's token for donors in project Bitcoin Island. We want to give something to our contributor thats why we do it via cryptostocks previously. So we can track the donor.

Related with our company evaluation is based on our existing investor that invest in our company. Same with all other startups, our investors value our company based on our future value.

I hope it answered the question.

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
turnip628
Newbie
*
Offline Offline

Activity: 17


View Profile

Ignore
June 02, 2014, 06:49:04 AM
 #96

Hi KimNam,

Thank you to drop by. Actually our shares that we offer in Cryptostocks is more for appreciation's token for donors in project Bitcoin Island. We want to give something to our contributor thats why we do it via cryptostocks previously. So we can track the donor.

Hi funchiestz

umm, so, if we buy your shares in cryptostocks it means we donate our BTC to your project? or do we really buy your shares?
if we donate, it means, we will not get our money back? you said that you have plan to buy the shares back somewhen in the next 1-2 years (and pay the dividen per month)?  Huh Huh

I agree that your share's price is too expensive
thiec
Sr. Member
****
Offline Offline

Activity: 378

http://www.marketglory.com/strategygame/thiec


View Profile

Ignore
June 03, 2014, 03:46:26 AM
 #97

Hi KimNam,

Thank you to drop by. Actually our shares that we offer in Cryptostocks is more for appreciation's token for donors in project Bitcoin Island. We want to give something to our contributor thats why we do it via cryptostocks previously. So we can track the donor.

Hi funchiestz

umm, so, if we buy your shares in cryptostocks it means we donate our BTC to your project? or do we really buy your shares?
if we donate, it means, we will not get our money back? you said that you have plan to buy the shares back somewhen in the next 1-2 years (and pay the dividen per month)?  Huh Huh

I agree that your share's price is too expensive

I think his mean that buying bitcoin.co.id shares in cryptostocks is not for short term profit and some part of it treat like you make a donation for this project.

Since bitcoin.co.id just a new exchanger and still low market cap (although Indonesia are top 5 population), you cant compare the return just for short term. If you believe in this project than you go with it by being part of it (buying share).

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
June 03, 2014, 05:51:31 PM
 #98

Hi KimNam,

Thank you to drop by. Actually our shares that we offer in Cryptostocks is more for appreciation's token for donors in project Bitcoin Island. We want to give something to our contributor thats why we do it via cryptostocks previously. So we can track the donor.

Hi funchiestz

umm, so, if we buy your shares in cryptostocks it means we donate our BTC to your project? or do we really buy your shares?
if we donate, it means, we will not get our money back? you said that you have plan to buy the shares back somewhen in the next 1-2 years (and pay the dividen per month)?  Huh Huh

I agree that your share's price is too expensive

hi KimNam

Its both Smiley  You are donating this project by buying our shares. Yes, we do plan to buy back our share. Also for token of gratitude to our donor and investor, we are issuing dividens monthly basis.



0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
June 03, 2014, 05:53:22 PM
 #99

Hi KimNam,

Thank you to drop by. Actually our shares that we offer in Cryptostocks is more for appreciation's token for donors in project Bitcoin Island. We want to give something to our contributor thats why we do it via cryptostocks previously. So we can track the donor.

Hi funchiestz

umm, so, if we buy your shares in cryptostocks it means we donate our BTC to your project? or do we really buy your shares?
if we donate, it means, we will not get our money back? you said that you have plan to buy the shares back somewhen in the next 1-2 years (and pay the dividen per month)?  Huh Huh

I agree that your share's price is too expensive

I think his mean that buying bitcoin.co.id shares in cryptostocks is not for short term profit and some part of it treat like you make a donation for this project.

Since bitcoin.co.id just a new exchanger and still low market cap (although Indonesia are top 5 population), you can compare the return just for short term. If you believe in this project than you go with it by being part of it (buying share).

Hi Thiec, thank you to explain it to community Smiley  Yes, you are right. Currently our shares is not for short term profit. It will be better to treat it as donation to this project.

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
June 04, 2014, 04:56:23 PM
 #100

Update:

Our office is ready to be use finally Smiley We will start interviewing our first employee for Bitislands Project tomorrow Cheesy

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
St-ly_T
Member
**
Offline Offline

Activity: 100


View Profile

Ignore
June 06, 2014, 01:24:07 AM
 #101

One idea is to get tourists to believe the benefit of bringing bitcoin to Bali. Maybe you could dangle prizes for travelers to write blog about how they spend their time in Bali and using Bitcoin. They must write the blog on well-known travel blogs and social media.

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
June 07, 2014, 02:42:21 PM
 #102

One idea is to get tourists to believe the benefit of bringing bitcoin to Bali. Maybe you could dangle prizes for travelers to write blog about how they spend their time in Bali and using Bitcoin. They must write the blog on well-known travel blogs and social media.



It great idea !

Thank you St-ly_T , it awesome!

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
June 19, 2014, 04:16:25 AM
 #103

Hi Guys.

We have already done installion of Bitcoin's Billboard in Bali. I think this also the first Bitcoin's billboard for Indonesia.  It will attract attention of local and international tourists that bypass this main road. I hope this will help spread the Bitcoin trend

Other big thing will come from this BitIslands Project ! Stay Tune !


0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
June 20, 2014, 01:43:45 AM
 #104

Update

We just meet with tax advisor from government in Indonesia. It seems like tax in here quietly friendly with Bitcoin with current existing regulation. Tax will be based on fee (as per our income). It will be 1% of our fee income


0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
turnip628
Newbie
*
Offline Offline

Activity: 17


View Profile

Ignore
June 20, 2014, 06:36:01 AM
 #105

delightful update Smiley
your fee is in IDR, and what they taxed is this IDR.. so the tax is not for BTC but for IDR, is this right?
if I'm a merchant, and I want my customer able to pay using BTC, how about the tax? is the tax will be calculated based on the BTC value in IDR when the transaction happen? or how?
thiec
Sr. Member
****
Offline Offline

Activity: 378

http://www.marketglory.com/strategygame/thiec


View Profile

Ignore
June 20, 2014, 04:11:42 PM
 #106

delightful update Smiley
your fee is in IDR, and what they taxed is this IDR.. so the tax is not for BTC but for IDR, is this right?
if I'm a merchant, and I want my customer able to pay using BTC, how about the tax? is the tax will be calculated based on the BTC value in IDR when the transaction happen? or how?

The tax rate is 1% base of government regulations number 46 year 2013 (PP No.46/2013)

Tax will be calculate from your income (sales) in IDR, so if you sale in BTC than it will base of BTC value in IDR like you said.

I dont know why does funchiestz said that the tax charge only for fee cause the rule is clear. The object of 1% is INCOME not the MARGIN (FEE).

Margin have another rule base of tax law no.36/2008 article 17 in certain criteria.

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
June 21, 2014, 04:35:05 PM
 #107

delightful update Smiley
your fee is in IDR, and what they taxed is this IDR.. so the tax is not for BTC but for IDR, is this right?
if I'm a merchant, and I want my customer able to pay using BTC, how about the tax? is the tax will be calculated based on the BTC value in IDR when the transaction happen? or how?

The tax rate is 1% base of government regulations number 46 year 2013 (PP No.46/2013)

Tax will be calculate from your income (sales) in IDR, so if you sale in BTC than it will base of BTC value in IDR like you said.

I dont know why does funchiestz said that the tax charge only for fee cause the rule is clear. The object of 1% is INCOME not the MARGIN (FEE).

Margin have another rule base of tax law no.36/2008 article 17 in certain criteria.


Hi Thiec

Please read in this article, I believe you are Indonesian since you can understand our regulation
http://indonesia.bitcoin.co.id/panduan-perpajakan-bitcoin-di-indonesia/

That link has article about guidance to pay tax for miner, exchanger, and even ecommerce that use bitcoin

I hope it helps !

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
June 21, 2014, 04:41:51 PM
 #108

Update

Tabra: Now Accepting Bitcoin




Tabra combines sacred symbols with semi-precious stones, collection beads, and ancient materials to create gypsy earrings, tribal pendants, primitive talismans, exotic bracelets, and necklaces – many of her pieces are one-of-a-kind or limited editions. Whether mystical and spiritual symbols, tribal motifs, shaman influenced combinations or evil eye talismans, women worldwide find Tabra’s designs both beautiful and meaningful.

Many women even say they feel more powerful when wearing Tabra’s jewelry.

Yes, Tabra accepts Bitcoin

Address : Hanoman Street no 17 Ubud
Island : Bali, Indonesia
Website : www.Tabra.com

Photo : http://bitislands.com/tabra-international

We are start converting merchant currently in Bali. More merchant will join us soon !

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
June 21, 2014, 06:48:20 PM
 #109

We just create subreddit for this BitIslands Project

Support us through reddit Smiley

http://www.reddit.com/r/bitislands/

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
June 23, 2014, 02:46:29 AM
 #110

Other merchant join BitIslands project to accept Bitcoin

Specialist in the design and building of WordPress and Squarespace websites. Services include creating custom webapps using AngularJS. Golightly+ provides website maintenance services as well as webhosting. Andrew is the founder of Golightly+ and is currently residing in Ubud, Bali. His portfolio can be seen on his website.

Yes, Golightly+ accepts Bitcoin

Contact : support@golightlyplus.com
Address : Ubud, Bali (please arrange appointment first)
Island : Bali, Indonesia
Website : www.golightlyplus.com


0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
R4v37
Full Member
***
Offline Offline

Activity: 210


View Profile

Ignore
June 23, 2014, 03:05:30 AM
 #111

eheiiii
ngebut trus nih pak oscar Cheesy

hope you guys can make Bali a big basecamp for bitcoiners Cheesy

Cranky4u
Hero Member
*****
Offline Offline

Activity: 640



View Profile WWW

Ignore
June 23, 2014, 03:14:17 AM
 #112

Great idea...smashing travellers for six!

buffett
Jr. Member
*
Offline Offline

Activity: 48


View Profile

Ignore
June 23, 2014, 04:21:12 AM
 #113

delightful update Smiley
your fee is in IDR, and what they taxed is this IDR.. so the tax is not for BTC but for IDR, is this right?
if I'm a merchant, and I want my customer able to pay using BTC, how about the tax? is the tax will be calculated based on the BTC value in IDR when the transaction happen? or how?

The tax rate is 1% base of government regulations number 46 year 2013 (PP No.46/2013)

Tax will be calculate from your income (sales) in IDR, so if you sale in BTC than it will base of BTC value in IDR like you said.

I dont know why does funchiestz said that the tax charge only for fee cause the rule is clear. The object of 1% is INCOME not the MARGIN (FEE).

Margin have another rule base of tax law no.36/2008 article 17 in certain criteria.


I think it is very clear. Exchange income is from transaction fee. Exchange position is just like a property agent, or stock broker. The total amount of transaction is income for the bitcoin sellers, not for the exchange. For bitcoin sellers they also require to declare income for selling their bitcoin base of PP no. 46, which means they need to pay 1% of tax from total amount of rupiah they received.
R4v37
Full Member
***
Offline Offline

Activity: 210


View Profile

Ignore
June 23, 2014, 10:40:30 AM
 #114

delightful update Smiley
your fee is in IDR, and what they taxed is this IDR.. so the tax is not for BTC but for IDR, is this right?
if I'm a merchant, and I want my customer able to pay using BTC, how about the tax? is the tax will be calculated based on the BTC value in IDR when the transaction happen? or how?

The tax rate is 1% base of government regulations number 46 year 2013 (PP No.46/2013)

Tax will be calculate from your income (sales) in IDR, so if you sale in BTC than it will base of BTC value in IDR like you said.

I dont know why does funchiestz said that the tax charge only for fee cause the rule is clear. The object of 1% is INCOME not the MARGIN (FEE).

Margin have another rule base of tax law no.36/2008 article 17 in certain criteria.


I think it is very clear. Exchange income is from transaction fee. Exchange position is just like a property agent, or stock broker. The total amount of transaction is income for the bitcoin sellers, not for the exchange. For bitcoin sellers they also require to declare income for selling their bitcoin base of PP no. 46, which means they need to pay 1% of tax from total amount of rupiah they received.
as long as "profit" still sticked, it doesnt matter (the 1%)
 Cheesy
thiec
Sr. Member
****
Offline Offline

Activity: 378

http://www.marketglory.com/strategygame/thiec


View Profile

Ignore
June 23, 2014, 10:47:14 AM
 #115

delightful update Smiley
your fee is in IDR, and what they taxed is this IDR.. so the tax is not for BTC but for IDR, is this right?
if I'm a merchant, and I want my customer able to pay using BTC, how about the tax? is the tax will be calculated based on the BTC value in IDR when the transaction happen? or how?

The tax rate is 1% base of government regulations number 46 year 2013 (PP No.46/2013)

Tax will be calculate from your income (sales) in IDR, so if you sale in BTC than it will base of BTC value in IDR like you said.

I dont know why does funchiestz said that the tax charge only for fee cause the rule is clear. The object of 1% is INCOME not the MARGIN (FEE).

Margin have another rule base of tax law no.36/2008 article 17 in certain criteria.


Hi Thiec

Please read in this article, I believe you are Indonesian since you can understand our regulation
http://indonesia.bitcoin.co.id/panduan-perpajakan-bitcoin-di-indonesia/

That link has article about guidance to pay tax for miner, exchanger, and even ecommerce that use bitcoin

I hope it helps !

Thanks for the article. I just finished read it and here my opinion.
(I am not tax official, and i share my opinion and my knowledge in tax fields base of Indonesia Tax Rule)

1. Miner
I am totally agree that any income from miner are object to income tax (PPh) and not object to VAT (PPN).

2. Exchanger
I also agree that exchanger that stand as mediator for buyer and seller earn fee and the fee are object to income tax, and since the new regulation (PP No.46/2013) if your earning fee are lower than 4,8 Billions Rupiahs IN A YEAR than your fee are object to 1% income tax (final without deduction from cost), and if your earning fee are higher than 4,8 Billions Rupiahs than your fee are object to Income Tax Law No.36/2008 Act 17 which currently rate is 25% after you deduct the cost to generate your earning. (You may read act 31E for tax reduction criteria)

I am not complete agree about VAT, since your only mediator, your sale are not count as VAT's object but your fees are. And if like above, there are certain criteria, if you pass 4,8 Billions mark than you become VAT's object and if not, you dont. So, the different is the article said sales, i am said fee

3. Commerce
Always use PP No.46/2013 which make 4,8 Billions rupiahs a year as a mark for tax income calculation
Below 4,8 Billions, all sales are object to 1% income tax (whatever you make a profit sales or not)
Above 4,8 Billions, all sales can be deducted to the cost (cogs, expenses ect) and the margin are object to 25% income tax
Connection with the article, the poster is not use this regulation, his opinion is in general and not consider to government regulations No.46/2013

VAT also have 4,8 Billions as turning point base of Finance Ministers Regulation No.197/PMK.03/2013, start to apply Jan 1st, 2014

4. Investment
Agree with the article. The capital gain may become object of income tax. And VAT could be declare if transaction above 4,8 Billions

I think it is very clear. Exchange income is from transaction fee. Exchange position is just like a property agent, or stock broker. The total amount of transaction is income for the bitcoin sellers, not for the exchange. For bitcoin sellers they also require to declare income for selling their bitcoin base of PP no. 46, which means they need to pay 1% of tax from total amount of rupiah they received.

Not exactly. My post before are prefer to merchants and they aren'tt exchanger, they are buying and selling goods.

Exchanger not really buy or sell btc, they only market place as you said like a broker. The real transaction occurred between buyer and seller, and exchanger are the middle man only. So "the sales" are not object to 1% regulation

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
June 23, 2014, 04:21:52 PM
 #116

Other merchant join BitIslands Project !

Cinta Bahasa Indonesia Language School



Cinta Bahasa provides student-centered tailored intensive and semi-intensive Indonesia and Balinese Language training services. They also provide interpretation, translation, editing, film subtitling, technical writing, marketing/advertising copy writing, graphic design and multilingual website design services in both Indonesian and English language.

Address : Indomaret Lt 2, Jl. Raya Sanggingan 88x, Ubud
Island    : Bali, Indonesia
Website : www.CintaBahasa.com


0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
R4v37
Full Member
***
Offline Offline

Activity: 210


View Profile

Ignore
June 23, 2014, 05:48:52 PM
 #117

Other merchant join BitIslands Project !

Cinta Bahasa Indonesia Language School



Cinta Bahasa provides student-centered tailored intensive and semi-intensive Indonesia and Balinese Language training services. They also provide interpretation, translation, editing, film subtitling, technical writing, marketing/advertising copy writing, graphic design and multilingual website design services in both Indonesian and English language.

Address : Indomaret Lt 2, Jl. Raya Sanggingan 88x, Ubud
Island    : Bali, Indonesia
Website : www.CintaBahasa.com



gurunya cantik tuh pak
boleh di deketin Cheesy, jgn asik bitcoin yg di pacarin  Cheesy

papersheepdog
Sr. Member
****
Offline Offline

Activity: 266


View Profile WWW

Ignore
June 23, 2014, 06:48:29 PM
 #118



The CryptoTown On The Ground project aims to develop a comprehensive guide and the resources necessary for starting and participating in what we call a CryptoMall. A CryptoMall is a directory and network of businesses, investors, and consultants maintained by a "management" group of volunteers who act as advocates and consultants on the frontier of cryptocurrency adoption.

We would like to introduce you to our project. In short, CryptoTown is about gaining experience with projects such as BitIslands, so that it can be implemented anywhere else in the world. If we support each other, we can bring awareness to this extremely important task of spreading adoption of cryptocurrencies "on the ground."


BitIslands has been added to our directory! For further information, please leave a comment on the listing page or the Reddit post.



The Official CryptoTown Guide (or PDF Version 0.1G)

CryptoTown Website (not yet avail)

CryptoTown on Reddit

CryptoTown on Bitcointalk

CryptoTown on Twitter

Development Workshop

St-ly_T
Member
**
Offline Offline

Activity: 100


View Profile

Ignore
June 23, 2014, 10:17:50 PM
 #119

delightful update Smiley
your fee is in IDR, and what they taxed is this IDR.. so the tax is not for BTC but for IDR, is this right?
if I'm a merchant, and I want my customer able to pay using BTC, how about the tax? is the tax will be calculated based on the BTC value in IDR when the transaction happen? or how?

The tax rate is 1% base of government regulations number 46 year 2013 (PP No.46/2013)

Tax will be calculate from your income (sales) in IDR, so if you sale in BTC than it will base of BTC value in IDR like you said.

I dont know why does funchiestz said that the tax charge only for fee cause the rule is clear. The object of 1% is INCOME not the MARGIN (FEE).

Margin have another rule base of tax law no.36/2008 article 17 in certain criteria.


Hi Thiec

Please read in this article, I believe you are Indonesian since you can understand our regulation
http://indonesia.bitcoin.co.id/panduan-perpajakan-bitcoin-di-indonesia/

That link has article about guidance to pay tax for miner, exchanger, and even ecommerce that use bitcoin

I hope it helps !

Thanks for the article. I just finished read it and here my opinion.
(I am not tax official, and i share my opinion and my knowledge in tax fields base of Indonesia Tax Rule)

1. Miner
I am totally agree that any income from miner are object to income tax (PPh) and not object to VAT (PPN).

2. Exchanger
I also agree that exchanger that stand as mediator for buyer and seller earn fee and the fee are object to income tax, and since the new regulation (PP No.46/2013) if your earning fee are lower than 4,8 Billions Rupiahs IN A YEAR than your fee are object to 1% income tax (final without deduction from cost), and if your earning fee are higher than 4,8 Billions Rupiahs than your fee are object to Income Tax Law No.36/2008 Act 17 which currently rate is 25% after you deduct the cost to generate your earning. (You may read act 31E for tax reduction criteria)

I am not complete agree about VAT, since your only mediator, your sale are not count as VAT's object but your fees are. And if like above, there are certain criteria, if you pass 4,8 Billions mark than you become VAT's object and if not, you dont. So, the different is the article said sales, i am said fee

3. Commerce
Always use PP No.46/2013 which make 4,8 Billions rupiahs a year as a mark for tax income calculation
Below 4,8 Billions, all sales are object to 1% income tax (whatever you make a profit sales or not)
Above 4,8 Billions, all sales can be deducted to the cost (cogs, expenses ect) and the margin are object to 25% income tax
Connection with the article, the poster is not use this regulation, his opinion is in general and not consider to government regulations No.46/2013

VAT also have 4,8 Billions as turning point base of Finance Ministers Regulation No.197/PMK.03/2013, start to apply Jan 1st, 2014

4. Investment
Agree with the article. The capital gain may become object of income tax. And VAT could be declare if transaction above 4,8 Billions

I think it is very clear. Exchange income is from transaction fee. Exchange position is just like a property agent, or stock broker. The total amount of transaction is income for the bitcoin sellers, not for the exchange. For bitcoin sellers they also require to declare income for selling their bitcoin base of PP no. 46, which means they need to pay 1% of tax from total amount of rupiah they received.

Not exactly. My post before are prefer to merchants and they aren'tt exchanger, they are buying and selling goods.

Exchanger not really buy or sell btc, they only market place as you said like a broker. The real transaction occurred between buyer and seller, and exchanger are the middle man only. So "the sales" are not object to 1% regulation

Just want to clarify: "Capital gain may become object of income tax", what Indonesian tax regulation state that ?

thanks
turnip628
Newbie
*
Offline Offline

Activity: 17


View Profile

Ignore
June 24, 2014, 02:36:34 AM
 #120

another bitcoin island wanna be
http://www.engadget.com/2014/06/23/jersey-bitcoin-island/ Smiley
thiec
Sr. Member
****
Offline Offline

Activity: 378

http://www.marketglory.com/strategygame/thiec


View Profile

Ignore
June 24, 2014, 03:50:00 AM
 #121


Just want to clarify: "Capital gain may become object of income tax", what Indonesian tax regulation state that ?

thanks


In Indonesia, Capital Gain is a general definition. Different object that obtain capital gain will have different tax rate or not object at all.
The basic rule come from Tax Law No.38/2008 article 4 and more explanation in PP No.94/2010

For example
* capital gain from investment in stock market (BEI), the tax rate is 0.1% from sales of investment and final (no cost deduction) PP No.14/1997
* capital gain from investment in Mutual Funds (Reksadana), not a object from income tax
* capital gain from investment in foreign currency are object to article 17
ect...

So case by case

St-ly_T
Member
**
Offline Offline

Activity: 100


View Profile

Ignore
June 24, 2014, 04:25:28 AM
 #122

@thiec

OK. I see. But bitcoin at the moment is not classified under foreign currency under Bank Indonesia definition. So it is commodities and there is nothing about capital gains tax.

thiec
Sr. Member
****
Offline Offline

Activity: 378

http://www.marketglory.com/strategygame/thiec


View Profile

Ignore
June 24, 2014, 05:12:06 AM
 #123

@thiec

OK. I see. But bitcoin at the moment is not classified under foreign currency under Bank Indonesia definition. So it is commodities and there is nothing about capital gains tax.



Yes, it is. bitcoin is treat like commodities or assets, there are 2 possibility

1. Unless your are trading company that specialist in buy and sale bitcoin so bitcoin is your inventory (like money changer in foreign currency), your sales will be object to 1% income tax until your total sales for a year above 4.8 billions. So its call selling goods not capital gain

2. other wise, the tax will assume you only speculate in bitcoin thus your investment are object to capital gain, like your buy a house or land or anything assets and sale it later. That object to article 17

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
June 26, 2014, 03:16:57 AM
 #124

Another update about merchant accepting bitcoin in Bali

Anka Creative provide computer repair services, design and printing solution for personal and institutional. Anka offer attractive contract maintenance for company, villa and restaurant.

Anka Printing Solution:
+ Company Name cards
+ XBanner
+ Menu book for restaurant
+ Billboard
+ Brochure and Flyer

Portfolios of Anka vary from small medium company to corporate level; WellBallsofBali.com, Legian Beach Festival, Bali Bagus Restaurant and much more.

Contact : 0361 2744 447 (Mr Andhika)
Address : Padma Timur no 37
Island : Bali, Indonesia


0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
trand
Member
**
Offline Offline

Activity: 70

★☆★777Coin.com★☆★ What are you waiting for?


View Profile WWW

Ignore
June 26, 2014, 03:48:31 AM
 #125

congratulations to bitcoin.co.id hopefully all goes well could be planned just why you should be in the closed exchanger was very helpful when we were wanted us to IDR exchange bitcoin, but hopefully in Bali can smoothly plan that can be followed in the cities other

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
June 26, 2014, 09:18:33 AM
 #126

congratulations to bitcoin.co.id hopefully all goes well could be planned just why you should be in the closed exchanger was very helpful when we were wanted us to IDR exchange bitcoin, but hopefully in Bali can smoothly plan that can be followed in the cities other

Hi Trand

I am not really understand what you mean but we are actually bitcoin exchanger and you can exchange/trading your bitcoin in our system www.bitcoin.co.id

Regards

Bitcoin.co.id

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
June 26, 2014, 11:45:07 AM
 #127

Borneo Productions International now Accept Bitcoin !

Borneo Productions International (BPI) is an international film production company offering film services throughout Indonesia, Southeast Asia, and beyond.

BPI offers comprehensive promotional, corporate and documentary film services, also developing in-house documentary and feature films for national and international broadcasting.

BPI believes in cultural diversity, training and hiring both local and international talents, and partnering with like-minded businesses in Indonesia and abroad to produce entertaining, educational and empowering films.



Our services :

+ Corporate and Promotional Films for Business
BPI produces films for hotel-resorts, tourist destinations and other tourism activities in Indonesia, offering custom film packages to business ventures of all sizes.

+ Documentary Film Services
BPI co-develops and produces documentary films for international broadcasting and internal communications.

+Television and Cinema Advertising
BPI co-conceptualizes and produces advertising material for television, cinema, DVD, and Internet distribution in the Indonesian and worldwide market.

+ In-house TV Shows and Documentary Films
BPI writes, develops, and produces television shows and documentary films.

+ Feature Films
BPI produces and directs feature films, also partners with other companies to develop film industry in Indonesia.

+ Music Videos
BPI co-conceptualizes music videos for artists and musicians from around the world.

+ Stock Footage
A BPI-run website featuring footage from across the Indonesian archipelago, specializing in nature and a variety of rare and majestic creatures, as well as cityscapes, culture and the environment. Please check www.indonesiastockfootage.com for purchasing.

+ Additional Services
BPI provides other services such as commercial script writing, controlled sound recording, camera team hire and photography, as well as logistics and transport solutions.

Sample Videos :
http://www.youtube.com/watch?v=ZdjN7d_G9OY
http://www.youtube.com/watch?v=9ttzivzu8UI


Contact           : films@bpi-pt.com
Film Services : +62 811 520 3588 / +62 811 520 5361
Address          : Ubud, Bali
Island             : Bali, Indonesia
Website           : www.bpi-pt.com

BPI accepts all traded crypto coins including Bitcoins Smiley

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
June 26, 2014, 12:23:27 PM
 #128

We would like to thank you to all our investors and donators that supporting us in this project by buying our stocks from Cryptostocks

https://cryptostocks.com/securities/120

We will keep update our progress in this project

============================================================================================

Dear Investors and Donators

We would to thank you for buying our shares as token appreciation for supporting our BitIsland Project. We already paid the dividend as agreement.

Here is the summary transaction for our exchanges:

Period : 1 May 2014 - 31 May 2014
Volume Bitcoin Trading in BTC                                   580.79620393   BTC
Trading Fee Income in BTC                                           3.484777     BTC
Total Shares Percentage                                               5.00%
Total Dividend for Cryptostocks Investors                        0.17423886  BTC

Dividend per Shares in BTC             0.00001742
Total Shared Held Publicly           188
Total Dividend Paid                         0.00327496   BTC

Our trading volume in May 2014 is increased by 112% than April 2014. Thank you for your continued support and for the confidence that you have placed in us.

Best Regards

Bitcoin.co.id - Indonesia Bitcoin Exchange

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
June 29, 2014, 07:42:10 AM
 #129



HUBUD becomes first Co-Working Space in Indonesia to Accept Bitcoin

Effective immediately, HUBUD, the #1 community for Digital Nomads in Bali, accepts Bitcoin digital currency. In an effort to support the growing demand for the money favored by location independent entrepreneurs, Bitcoins are now good for memberships, products, excursions, events… and T-Shirts at HUBUD.

By accepting Bitcoin directly, HUBUD provides members with a way to avoid the fees, delays and exchange costs that are unavoidable with other payment mechanisms. Prospective members can pay in person or from anywhere in the world with an Internet connection. Bitcoin allows for near instantaneous money transfer for near zero transaction cost.

Hubud [Hub-in-Ubud] is a collaborative working space home to a diverse community of local and visiting creatives, techies, entrepreneurs and businessfolks, changemakers, downshifters and truth-seekers. At Hubud, over 200 strong are working together to find new ways to thrive.

Contact           : (0361) 978073
Address          : 88x Monkey Forest Road
Island             : Bali, Indonesia
Website          : www.hubud.org

Yes, Hubud accepts Bitcoins



0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
Marlo Stanfield
Full Member
***
Offline Offline

Activity: 168


View Profile

Ignore
June 29, 2014, 10:48:55 AM
 #130

I definitely want to go on an 'all bitcoin' trip to Bali at some point in the near future!

Seems like it would be a fun way to travel. And now that Expedia is accepting btc it makes it much more likely that I'll be able to do that at some point.
Richard213
Member
**
Offline Offline

Activity: 98


View Profile

Ignore
June 29, 2014, 09:49:09 PM
 #131

this is a great start  i think
well, i want to travel with all payment in BTC  Roll Eyes

Bali island that know as paradise island will be know to as Bitcoin paradise  Grin
Denise520
Newbie
*
Offline Offline

Activity: 28


View Profile

Ignore
July 01, 2014, 07:44:09 AM
 #132

Maybe Indonesia is a holiday-making place for Bitcoin enthusiast. Smiley
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
July 01, 2014, 06:59:17 PM
 #133

Hi Guys

Other merchant join us to build this Bitcoin Ecosystem in Bali.  Yes, We Build  Bitcoin Paradise Islands

http://bitislands.com/sanur-jewellery-studio


Sanur Jewellery Studio

Do you love jewellery? Have you ever wanted to know how it is made, or try to make it yourself? Well with our help, now you can.

Set in a tropical surrounding of coconuts and banana trees, in a high-roofed, white-washed traditional Joglo, lies Sanur Jewellery Studio. We are a jewellery-making studio, fully-equipped with all the tools you need to walk away with a little piece of your stay in Bali. You may already have come to us with an idea for a design, or come completely open minded and that’s where we can help. The workshop is run by two English-speaking jewellery designers who have a combined 40 years experience in the design, arts and jewellery making fields and the studio is supported and assisted where needed in Indonesian.

At Sanur Jewellery Studio we offer design support from the very start, inspire you with a short visual presentation of “Jewellery Through the Ages” and hold your hand the whole way, until your unique piece is ready to wear or give as a gift to another.


OUR COURSES & WORKSHOPS:

Our courses range from one day intensives from 10am – 5pm for adults and children (making rings and pendants) for those on holiday in Bali who want to try a hand at something different and learn something new…through to month long courses in Beginners, Intermediate and Advanced, where you start from the very basics through to setting up your own studio. These span every week over a 4 week period and in 4 stages. They are for those who spend more time in Bali annually, but if you have already done previous courses elsewhere and would like to do something specific here, then please contact us as we can accommodate you.

When you do our courses you get:

  • Visual taster presentation “Jewellery through the Ages”
  • Full tuition on design and tools
  • Workshop health and safety practices
  • Use of all workshop facilities and equipment
  • *5 grams of silver to make a ring or a pendant (additional silver can be purchased if needed)
  • Delicious lunch



Courses & Workshops we offer:

Workshops

One day Adult workshops from 10am – 5pm – $70 USD
Kids workshops from 10am – 2pm – $50 USD
Taster workshops from 10am – 2pm – $50 USD
Mum and Daughter/Son package – 10am – 5pm – $85 USD pp
Gemstone setting workshop – 10am – 5pm – $85 USD pp
Bridesmaids and Bride package – 10am – 5pm – $135 USD pp (wine and private villa lunch)
Lovers Package – 10am – 5pm – $165 USD per couple (wine and private villa lunch)

Courses:

Beginners Level 1, 2 and 3 – 4 mornings a month (every wednesday) $170 USD
Intermediate Level 1, 2 and 3 – as above (every thursday) $250.00 USD
Advanced Level 1, 2 and 3 – as above (every Tuesday) $300.00 USD

Yes, you can pay all the courses and workshops in Bitcoin.

Contact : +62 821 2242 6103 (Nini)
Address : Kanda Street, Sanur
Island : Bali, Indonesia
Website : www.sanurjewellerystudio.com
Email : info@sanurjewellerystudio.com


0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
onezerobit
Member
**
Offline Offline

Activity: 112


View Profile WWW

Ignore
July 01, 2014, 09:59:24 PM
 #134

This indeed seems like a very good idea,  and an initiative.
Considering the tourist popularity of Bali, and the advantages of Bitcoin, people will save a whole lot of money, which would normally be lost to paying conversion fees.

All this, and reports of a Jersey(european island) all set to become a first state to accept bitcoins as a means of currency, is very very promising for the community.

I would encourage leaders from every state to take up a project to introduce BTC to local businesses.




www.1zerobit.com - Don't just sit there, go trade
gbooz
Jr. Member
*
Offline Offline

Activity: 56

★☆★777Coin.com★☆★ What are you waiting for?


View Profile

Ignore
July 02, 2014, 02:48:28 PM
 #135

Bitcoin archipelago  Smiley

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
July 03, 2014, 02:27:05 PM
 #136

Other Big Merchant Accepting Bitcoin in Bali !



Bali MoneySaver card is a tourist discount card to enjoy Bali. The card holder will receive exclusive discounts and offers from top Attractions and selected Restaurants, Shops, Spas and tourist services.

The Bali MoneySaver tourist discount card was developed and designed for all tourists visiting Bali, entitling the card holder exclusive discounts and offers at premier establishments throughout the island. With the Bali MoneySaver card, tourist will receive 10% – 50% discounts or free offers on attractions, activities, dining, shopping, spas, tours, car rentals and much more.

Each card is valid for 2 adults and up to 3 children 12 years and under, allowing the card holder an opportunity to save hundreds of dollars during their holiday in Bali. For a low cost of only $12 (or equivalent with 0.018 BTC with today rate) to purchase the Bali MoneySaver card, the card holder can very easily recoup the investment from using it at any one of the participating activity or attraction, after that, the savings continue to multiply.

To ensure customer satisfaction and the best possible experience for the card holder, Bali MoneySaver selects establishments that are leaders in their industry and have a good reputation. From the thousands of establishments that exist in Bali, only the top 100 – 150 outlets are chosen to participate.

With the Bali MoneySaver tourist discount card, visitors are able to Enjoy MORE of Bali for LESS

Now you can buy this card in Bitcoin – Make sure to buy this card when traveling in Bali

Address : Jl. Seroja no. 36 Denpasar – Bali
Phone : 0361 – 8495926
Email : info@balimoneysaver.com

You also can buy this discount card at BitIslands office at Legian Kaja no 455 in Bitcoin


View BitIslands in a larger map

How it works?

1. Buy your Bali MoneySaver tourist discount card



You can buy your card online in www.balimoneysaver.com and we will deliver it to your hotel before you arrive in Bali. When you check into your hotel the card will be at the front desk. If you live in Indonesia and would like to have your card mailed to you, we can mail your card at no additional cost.

You can also purchase the cards once you’re in Bali at BitIslands Tourist Information Center

 

2. Download our free Mobile App



If you own an Apple or Android smart device, please download our free Mobile App to see all of our participating merchants. You can search merchants by Category, Location, and Offers. You will also be able to see photos, and detailed information about each merchant and the offer they are giving to Bali MoneySaver card holders.

3. Start Saving Money



Start using your Bali MoneySaver card by presenting it at any of our participating merchants and receive your discounts and free offers. The more you use the card, the more money you will save.

A typical family of four people, can easily save anywhere from $200 – $300 during a one week vacation in Bali.


 

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
July 03, 2014, 04:19:51 PM
 #137

Donation Update until 4 July 2014 to our Bitcoin Address:

Address   1sLAndWaCHYGD8F5LdQ9baXCXoNmsXtsg
http://blockchain.info/address/1sLAndWaCHYGD8F5LdQ9baXCXoNmsXtsg

Total Received   0.03 BTC

Thank you guys for your support Smiley 

We will keep update about our progress

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
coinkita
Jr. Member
*
Offline Offline

Activity: 47

Nusantara Bitcoin


View Profile WWW

Ignore
July 03, 2014, 05:22:29 PM
 #138

Great project, semoga semakin banyak turis yang datang ke indonesia dengan adanya proyek ini.
kota lain kapan menyusul?
Mungkin karena telalu banyak 0 pada rate tukar bitcoin jadi orang indonesia masih belum banyak yang menggunakan bitcoin  Grin. teman-teman saya banyak yang belum mau menggunakan bitcoin karena hal ini, sebaiknya rate exchanger indonesia jangan menggunakan rate per BTC tapi mBTC biar nol-nya lebih sedikit  Grin .
 


Other city which is being prepared right now is Yogyakarta, we are starting up to do some surveys and fun stuff to see the outcome. Our team is barely new and we still have to learn so much. That is why Oscar Darmawan is like our inspiration plus mentor. We want Yogyakarta, the vast cultural tourist attraction area, to accept bitcoin too.

Yes, it is still an idea, but we have prepared much within a month after we began to understand the value of bitcoin.

As Draper have said, “All I know is this money is more secure than the money that is in my investment bank.”

Under Development,
-legal works
-www.coinkita.com
-www.facebook.com/coinkita
-www.twitter.com/coinkita
-www.google.com/+coinkitaID

We are a team of bitcoin enthusiast students, jadi mana nih suara anak Yogyakarta, yuk kumpul kita bangun Yogyakarta, berlomba-lomba dengan Oscar Darmawan supaya seru.

Salam Sukses for bitisland.com and let us build together bitcoin and ground it down to earth in Indonesia, semangat yah pak Oscar Darmawan. You got all our support too.
Alif Moekti, Founding Director CV. CoinKita.

ninjaboon
Legendary
*
Offline Offline

Activity: 1120



View Profile WWW

Ignore
July 05, 2014, 12:06:46 AM
 #139

Happy to see so many Bali merchants getting onboard the Bitcoin train. I hope to roll out the same thing for islands in Malaysia.

My partners at BTC FUTURE (btcfuture.biz) did meet Oscar back early this year...
All the best and keep in touch.

Richard213
Member
**
Offline Offline

Activity: 98


View Profile

Ignore
July 05, 2014, 01:49:21 AM
 #140

LoL, really? Jogyakarta?  Shocked
that great news, im looking my vacation with my BTC in there
just 6-8 hours to get there in my place  Tongue
thiec
Sr. Member
****
Offline Offline

Activity: 378

http://www.marketglory.com/strategygame/thiec


View Profile

Ignore
July 05, 2014, 06:25:35 AM
 #141

Great project, semoga semakin banyak turis yang datang ke indonesia dengan adanya proyek ini.
kota lain kapan menyusul?
Mungkin karena telalu banyak 0 pada rate tukar bitcoin jadi orang indonesia masih belum banyak yang menggunakan bitcoin  Grin. teman-teman saya banyak yang belum mau menggunakan bitcoin karena hal ini, sebaiknya rate exchanger indonesia jangan menggunakan rate per BTC tapi mBTC biar nol-nya lebih sedikit  Grin .
 


Other city which is being prepared right now is Yogyakarta, we are starting up to do some surveys and fun stuff to see the outcome. Our team is barely new and we still have to learn so much. That is why Oscar Darmawan is like our inspiration plus mentor. We want Yogyakarta, the vast cultural tourist attraction area, to accept bitcoin too.

Yes, it is still an idea, but we have prepared much within a month after we began to understand the value of bitcoin.

As Draper have said, “All I know is this money is more secure than the money that is in my investment bank.”

Under Development,
-legal works
-www.coinkita.com
-www.facebook.com/coinkita
-www.twitter.com/coinkita
-www.google.com/+coinkitaID

We are a team of bitcoin enthusiast students, jadi mana nih suara anak Yogyakarta, yuk kumpul kita bangun Yogyakarta, berlomba-lomba dengan Oscar Darmawan supaya seru.

Salam Sukses for bitisland.com and let us build together bitcoin and ground it down to earth in Indonesia, semangat yah pak Oscar Darmawan. You got all our support too.
Alif Moekti, Founding Director CV. CoinKita.

WOW.. Another team picking up the opportunity to make a high tourism city to be a bitcoin friendly city. I like the vision of Mr. Oscar

I think, Yogyakarta is 2nd to Bali in attract tourist come to Indonesia, its a cultural city and she have Borobudur, the one of the most famous Buddhist temple in the world, and  Prambanan, a Hinduism temple left from great kingdom in ancient java.

Hello... is another team join Mr. Oscar??
We still have JAKARTA.. yeah.. the central government and the largest city of Indonesia.
Dont forget Bunaken Beach, North Sulawesi and Raja Ampat, Papua is one of the best and famous underwater view and very natural

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
July 05, 2014, 11:07:25 AM
 #142

Bali's newest and most avant garde villa estate located in cosmopolitan Seminyak. Opulent and sophisticated tropical living, shaded under century old mango tree, capturing the very essence of the Balinese lifestyle.

Contact : +62 (361) 73 11 78
Address : Jl Raya Seminyak, Gang Taman Sari
Island : Bali, Indonesia
Website : www.delmangobali.com
Email : info@delmangobali.com

Yes, deLMango Villa Estate accepts Bitcoin for Villa Investment and all the services provided.

Make it Home





Days and nights revolve around never-ending mix of excitement, indulgence, inspiration, pleasure & leisure... make it home by investing with us!

MANGO-lia Restaurant



This is the place for relishing the delicious offerins of an all-day dining menu including Indonesia specialities and Vegetarian delights...

TOUCHED Spa by deLMango



TOUCHED by deLMango focuses on exclusive treatments and organic products, along with a distinctive philosophy for wellbeing and blends nature with science to provide therapies that work on mind, body and soul through a variety of different health disciplines and encounters.

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
July 05, 2014, 11:14:44 AM
 #143

Hi CoinKita

Good Luck. All the best Smiley I know you can do it in Yogyakarta as well. I will plan come to Yogyakarta and meet with you guys. Cheers !

Great project, semoga semakin banyak turis yang datang ke indonesia dengan adanya proyek ini.
kota lain kapan menyusul?
Mungkin karena telalu banyak 0 pada rate tukar bitcoin jadi orang indonesia masih belum banyak yang menggunakan bitcoin  Grin. teman-teman saya banyak yang belum mau menggunakan bitcoin karena hal ini, sebaiknya rate exchanger indonesia jangan menggunakan rate per BTC tapi mBTC biar nol-nya lebih sedikit  Grin .
 


Other city which is being prepared right now is Yogyakarta, we are starting up to do some surveys and fun stuff to see the outcome. Our team is barely new and we still have to learn so much. That is why Oscar Darmawan is like our inspiration plus mentor. We want Yogyakarta, the vast cultural tourist attraction area, to accept bitcoin too.

Yes, it is still an idea, but we have prepared much within a month after we began to understand the value of bitcoin.

As Draper have said, “All I know is this money is more secure than the money that is in my investment bank.”

Under Development,
-legal works
-www.coinkita.com
-www.facebook.com/coinkita
-www.twitter.com/coinkita
-www.google.com/+coinkitaID

We are a team of bitcoin enthusiast students, jadi mana nih suara anak Yogyakarta, yuk kumpul kita bangun Yogyakarta, berlomba-lomba dengan Oscar Darmawan supaya seru.

Salam Sukses for bitisland.com and let us build together bitcoin and ground it down to earth in Indonesia, semangat yah pak Oscar Darmawan. You got all our support too.
Alif Moekti, Founding Director CV. CoinKita.

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
July 05, 2014, 11:20:55 AM
 #144

Actually we are not related. But It is nice to have other bitcoiners group that have same vision Smiley

Great project, semoga semakin banyak turis yang datang ke indonesia dengan adanya proyek ini.
kota lain kapan menyusul?
Mungkin karena telalu banyak 0 pada rate tukar bitcoin jadi orang indonesia masih belum banyak yang menggunakan bitcoin  Grin. teman-teman saya banyak yang belum mau menggunakan bitcoin karena hal ini, sebaiknya rate exchanger indonesia jangan menggunakan rate per BTC tapi mBTC biar nol-nya lebih sedikit  Grin .
 


Other city which is being prepared right now is Yogyakarta, we are starting up to do some surveys and fun stuff to see the outcome. Our team is barely new and we still have to learn so much. That is why Oscar Darmawan is like our inspiration plus mentor. We want Yogyakarta, the vast cultural tourist attraction area, to accept bitcoin too.

Yes, it is still an idea, but we have prepared much within a month after we began to understand the value of bitcoin.

As Draper have said, “All I know is this money is more secure than the money that is in my investment bank.”

Under Development,
-legal works
-www.coinkita.com
-www.facebook.com/coinkita
-www.twitter.com/coinkita
-www.google.com/+coinkitaID

We are a team of bitcoin enthusiast students, jadi mana nih suara anak Yogyakarta, yuk kumpul kita bangun Yogyakarta, berlomba-lomba dengan Oscar Darmawan supaya seru.

Salam Sukses for bitisland.com and let us build together bitcoin and ground it down to earth in Indonesia, semangat yah pak Oscar Darmawan. You got all our support too.
Alif Moekti, Founding Director CV. CoinKita.

WOW.. Another team picking up the opportunity to make a high tourism city to be a bitcoin friendly city. I like the vision of Mr. Oscar

I think, Yogyakarta is 2nd to Bali in attract tourist come to Indonesia, its a cultural city and she have Borobudur, the one of the most famous Buddhist temple in the world, and  Prambanan, a Hinduism temple left from great kingdom in ancient java.

Hello... is another team join Mr. Oscar??
We still have JAKARTA.. yeah.. the central government and the largest city of Indonesia.
Dont forget Bunaken Beach, North Sulawesi and Raja Ampat, Papua is one of the best and famous underwater view and very natural

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
July 05, 2014, 05:47:13 PM
 #145

Hi Ninjaboon

Yes, it is nice to meet your partner Smiley

Hope all the best to malaysia bitcoiners

 
Happy to see so many Bali merchants getting onboard the Bitcoin train. I hope to roll out the same thing for islands in Malaysia.

My partners at BTC FUTURE (btcfuture.biz) did meet Oscar back early this year...
All the best and keep in touch.

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
coinkita
Jr. Member
*
Offline Offline

Activity: 47

Nusantara Bitcoin


View Profile WWW

Ignore
July 10, 2014, 12:06:17 PM
 #146

Well, I am hoping to see you all soon, Indonesia is a divided by many Islands and we should really have representatives around here. Well, I wish good luck to pak Oscar Darmawan and his associate William Sutanto.

Indonesia is a great place to be invested in, and as you all know, we are the fourth largest population in the world.

So I would really like to open all our minds here that we are all working hard to achieve what bitcoin revolution can do here.

*update*
- we have done some quick surveys around Yogyakarta
- we are also been acquainted with Nikhil who pioneered Bitcoin Boulevard at Cleaveland. (he gave us lots of homeworks)
- our company is legally under a law firm under the name of Commanditaire Vennootschap Coinkita now.
- joined and became one of the editor of Indonesia Bitcoin Community (hope to promote this program locally when it has been at MVP state)

To all start-ups lets share the enthusiasm, we are ready to face this revolution.

Alif, CV Coinkita

zhinkk
Sr. Member
****
Offline Offline

Activity: 266


View Profile

Ignore
July 10, 2014, 02:21:24 PM
 #147

The idea seems so unachievable but it seems like you already have a good start and know where you're headed. Good luck Smiley
turnip628
Newbie
*
Offline Offline

Activity: 17


View Profile

Ignore
July 11, 2014, 02:37:23 AM
 #148

Well, I am hoping to see you all soon, Indonesia is a divided by many Islands and we should really have representatives around here. Well, I wish good luck to pak Oscar Darmawan and his associate William Sutanto.

Indonesia is a great place to be invested in, and as you all know, we are the fourth largest population in the world.

So I would really like to open all our minds here that we are all working hard to achieve what bitcoin revolution can do here.

*update*
- we have done some quick surveys around Yogyakarta
- we are also been acquainted with Nikhil who pioneered Bitcoin Boulevard at Cleaveland. (he gave us lots of homeworks)
- our company is legally under a law firm under the name of Commanditaire Vennootschap Coinkita now.
- joined and became one of the editor of Indonesia Bitcoin Community (hope to promote this program locally when it has been at MVP state)

To all start-ups lets share the enthusiasm, we are ready to face this revolution.

Alif, CV Coinkita

will you also sell your shares in cyrptostocks?
BigBoy89
Hero Member
*****
Offline Offline

Activity: 504



View Profile

Ignore
July 11, 2014, 02:54:08 AM
 #149

i see so many great progress here Grin
many merchant already accepted bitcoin as payment, congratz for your good work
maybe i'll come to Bali next year and didn't spend any rupiah at all, I will pay it with Bitcoin Grin

papersheepdog
Sr. Member
****
Offline Offline

Activity: 266


View Profile WWW

Ignore
July 11, 2014, 07:06:31 PM
 #150

The idea seems so unachievable but it seems like you already have a good start and know where you're headed. Good luck Smiley

If we can share our knowledge and experience with each other it will be a lot easier for us all!

http://www.cryptotown.org


coinkita
Jr. Member
*
Offline Offline

Activity: 47

Nusantara Bitcoin


View Profile WWW

Ignore
July 13, 2014, 01:53:29 AM
 #151

Well, I am hoping to see you all soon, Indonesia is a divided by many Islands and we should really have representatives around here. Well, I wish good luck to pak Oscar Darmawan and his associate William Sutanto.

Indonesia is a great place to be invested in, and as you all know, we are the fourth largest population in the world.

So I would really like to open all our minds here that we are all working hard to achieve what bitcoin revolution can do here.

*update*
- we have done some quick surveys around Yogyakarta
- we are also been acquainted with Nikhil who pioneered Bitcoin Boulevard at Cleaveland. (he gave us lots of homeworks)
- our company is legally under a law firm under the name of Commanditaire Vennootschap Coinkita now.
- joined and became one of the editor of Indonesia Bitcoin Community (hope to promote this program locally when it has been at MVP state)

To all start-ups lets share the enthusiasm, we are ready to face this revolution.

Alif, CV Coinkita

will you also sell your shares in cyrptostocks?

cryptostocks? maybe, in a way that is quite similar as how bitisland is looking for donation and giving dividends at the same time. we are really working hard to prove to be professional before executing anything official.

I have a want to register my company at Bitcoin Foundation silver member or if not personally registering myself in a lifetime pass. Also waiting for membership acceptance from bitcoininstitute.org

One of our aim is to have a strong foundation within the knowledge of Bitcoin while doing small executions one little step of a time. After all, we are at one of the base of Indonesia's educational city center.

Knowledge holds a great power within us all and open to vast potentials.
Alif, CV Coinkita.

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
July 13, 2014, 06:48:15 AM
 #152

Looking for Cozy Restaurant and pay by bitcoin? Check this Clear Cafe

WELCOME TO THE CLEAR FAMILY where life begins to chill,

Come on in, choose your favorite table/sofa and hang out as long as you like. At Clear we are quite known for our music so please enjoy the tunes. We have over 6000 hand-picked songs (on rotation) that you will love! Our music is a little bit of all your favorites.

-FOOD- we use all natural ingredients from local Balinese farmers. At clear we believe that energy can be transferred through food, so it’s very important to us how aour chef’s and kitchen staff are feeling. That is why we pride ourselves on laughing, playing, and having a good time while preparing your food, so that it may be charged with life. Hee hee, it’s true. Why should healthy food be boring? At clear we promise it’s not so. Clear drinks/foods are so diverse that you may never get bored.

Welcome to the Clear Family! Oh Yes, This cafe accepts Bitcoin !



Contact : +62 (361) 889 44 37
Address : Jalan Hanoman No. 8
Island : Bali, Indonesia
Website : www.clear-cafe-ubud.com

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
coinkita
Jr. Member
*
Offline Offline

Activity: 47

Nusantara Bitcoin


View Profile WWW

Ignore
July 13, 2014, 06:45:15 PM
 #153

Looking for Cozy Restaurant and pay by bitcoin? Check this Clear Cafe

WELCOME TO THE CLEAR FAMILY where life begins to chill,

Come on in, choose your favorite table/sofa and hang out as long as you like. At Clear we are quite known for our music so please enjoy the tunes. We have over 6000 hand-picked songs (on rotation) that you will love! Our music is a little bit of all your favorites.

-FOOD- we use all natural ingredients from local Balinese farmers. At clear we believe that energy can be transferred through food, so it’s very important to us how aour chef’s and kitchen staff are feeling. That is why we pride ourselves on laughing, playing, and having a good time while preparing your food, so that it may be charged with life. Hee hee, it’s true. Why should healthy food be boring? At clear we promise it’s not so. Clear drinks/foods are so diverse that you may never get bored.

Welcome to the Clear Family! Oh Yes, This cafe accepts Bitcoin !



Contact : +62 (361) 889 44 37
Address : Jalan Hanoman No. 8
Island : Bali, Indonesia
Website : www.clear-cafe-ubud.com

this is a great place and space, next time when I am in Bali I will be sure to visit here. Thanks pa Oscar.

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
July 14, 2014, 03:42:54 PM
 #154

Hi CoinKita

Thank you. Please let me know if you have schedule to come to Bali Smiley Please drop by to our office. I will also keep you update when we will come to Yogyakarta. I hope together we can build bitcoin ecosystem in Indonesia

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
coinkita
Jr. Member
*
Offline Offline

Activity: 47

Nusantara Bitcoin


View Profile WWW

Ignore
July 17, 2014, 09:27:41 AM
 #155

Hi CoinKita

Thank you. Please let me know if you have schedule to come to Bali Smiley Please drop by to our office. I will also keep you update when we will come to Yogyakarta. I hope together we can build bitcoin ecosystem in Indonesia

Sure will do, for the time being lets bring the conversation to Skype. See you there.

gbooz
Jr. Member
*
Offline Offline

Activity: 56

★☆★777Coin.com★☆★ What are you waiting for?


View Profile

Ignore
July 17, 2014, 06:10:44 PM
 #156

There is a great way to advertise your products and services by just announcing that you are accepting the BTC.

St-ly_T
Member
**
Offline Offline

Activity: 100


View Profile

Ignore
July 19, 2014, 01:51:25 AM
 #157

Why is bitcoin.co.id data is not updated in bitcoincharts.com ?

Last data is 14 July ?

St-ly_T
Member
**
Offline Offline

Activity: 100


View Profile

Ignore
July 21, 2014, 05:21:47 AM
 #158

Bitcoincharts is showing updated bitcoin.co.id now. Thanks



funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
July 22, 2014, 01:28:33 PM
 #159


LabDagaTi Legal Consulting



LabDagaTi legal consulting provides end-to-end solution, advisory and business services to assist personal and company for licenses and permits.

LabDagaTi Services include:

  • Business License and Permits
  • Public Notary for Agreement and Permits
  • Electricity – Upgrade and Expansion
  • Building permits for restaurant, cafe, shopping mall and hotel
  • Head hunting for human resources
  • Property Brokerage
  • Working Permits and Visa Kitas

Yes, you can pay all the services in Bitcoin


Contact : +62 812 3708 8913 ( P. Aryawati, SH) – please call for appointment
Address : Perum Dalung Permai, Blok UU no 13, Dalung, Kuta Utara
Email : labdagaticonsulting@gmail.com
Island : Bali, Indonesia

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
July 23, 2014, 07:29:08 AM
 #160

Hi Bitcoiners in Bali

Starting today we have Bitcoin Meetup in our Bitcoin Center every wednesday at 7pm.



You may RSVP from here:
http://www.meetup.com/Bali-Bitcoin-Meetup-and-Lesson-Kuta/events/196131972/

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
July 25, 2014, 09:27:51 AM
 #161

Dividend Paid - Increased by 135% than last month

Please support this project by donating through cryptostocks : https://cryptostocks.com/securities/120
or
Bitcoin Donation : BTC 1sLAndWaCHYGD8F5LdQ9baXCXoNmsXtsg


==================================================================

Dear Investors and Donators,

We would to thank you for buying our shares as token appreciation for supporting our BitIsland Project. We already paid the dividend as agreement.

Here is the summary transaction for our exchanges:
Period : 1 June 2014 – 30 June 2014
Volume Bitcoin Trading in BTC                                   784.048843   BTC
Trading Fee Income in BTC                                           4.70429306     BTC
Total Shares Percentage                                               5.00%
Total Dividend for Cryptostocks Investors                       0.23521465  BTC

Dividend per Shares in BTC             0.00002352
Total Shared Held Publicly           188
Total Dividend Paid                         0.00442204   BTC

Our trading volume in June 2014 is increased by 135% than May 2014. Thank you for your continued support and for the confidence that you have placed in us.

Best Regards

Bitcoin.co.id - Indonesia Bitcoin Exchange

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
July 30, 2014, 10:09:57 AM
 #162

We just upgrade our storefront Smiley






How it looks like inside Bitcoin Center in Bali?




We will keep you guys update with our progress Smiley

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
St-ly_T
Member
**
Offline Offline

Activity: 100


View Profile

Ignore
August 23, 2014, 03:23:18 AM
 #163

Dividend Paid - Increased by 135% than last month

Please support this project by donating through cryptostocks : https://cryptostocks.com/securities/120
or
Bitcoin Donation : BTC 1sLAndWaCHYGD8F5LdQ9baXCXoNmsXtsg


==================================================================

Dear Investors and Donators,

We would to thank you for buying our shares as token appreciation for supporting our BitIsland Project. We already paid the dividend as agreement.

Here is the summary transaction for our exchanges:
Period : 1 June 2014 – 30 June 2014
Volume Bitcoin Trading in BTC                                   784.048843   BTC
Trading Fee Income in BTC                                           4.70429306     BTC
Total Shares Percentage                                               5.00%
Total Dividend for Cryptostocks Investors                       0.23521465  BTC

Dividend per Shares in BTC             0.00002352
Total Shared Held Publicly           188
Total Dividend Paid                         0.00442204   BTC

Our trading volume in June 2014 is increased by 135% than May 2014. Thank you for your continued support and for the confidence that you have placed in us.

Best Regards

Bitcoin.co.id - Indonesia Bitcoin Exchange

I calculate the price for BTCID using discounted dividend model.
I use 60% growth per month for the next 12 month and then 0% growth for the next 12 month(that's all, I expect nothing after 2 years, which is very conservative).
Then I used a required rate of return of 1% per month(which is slightly higher than 12% per annum).

I get the current price to be 0.081994 BTC, which is still very much undervalued compared to current price of less than 0.05 BTC.


funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
August 23, 2014, 09:07:52 AM
 #164

Bitcoin Tour

For your travel convenience, we now provide arline, train and hotel reservations nationwide via Bitcoin or Rupiah payments. We provide competitive pricing with discounts up to 75% on Hotel Reservation via Bitcoin.

Book your tickets now !

Visit http://BitIslands.com/tour/


0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
August 24, 2014, 03:10:49 PM
 #165

CoinDesk Coverage about our Project:

A new Bali-based booking agency is aiming to make it easier for people to travel in the region using bitcoin.

BitcoinTour allows users to exchange their digital currency for hotel, train and flight reservations, as well as tour bookings. Airlines supported by the firm include Air Asia, Citilink and Lion Air. The agency also claims to support “almost all” of the starred hotels in Indonesia.

The organisation has been set up as part of Bali’s BitIslands initiative, which aims to turn the popular Indonesian tourist destination into a ‘bitcoin paradise’. The company also accepts payments in Indonesia’s national currency, the rupiah.

BitIslands’ project director Oscar Darmawan said that even though BitcoinTour is less than two weeks old, it has already taken more than $10,000 in bitcoin, adding:

“We are confident that in the future the sales will be increase by more than triple that.”

Bitcoin Island

The BitIslands project, launched in May 2014, plans to persuade all local businesses to accept bitcoin and is sponsored by Bitcoin.co.id, Indonesia’s largest bitcoin exchange and lobby group.

Darmawan said:

“[The] Bitislands Project has been growing quite well in Bali. There is a co-working space, hotels, villas, restaurants, a jewellery shop, food delivery services and even taxis that are accepting bitcoin. Currently, we are also running a bitcoin centre that provides free education for people who want to know about bitcoin.”

BitIslands’ full bitcoin business directory can be seen here.

Tourist benefits

Extending from close to Malaysia all the way to Australasia, Indonesia is a vast archipelago of over 13,000 islands littered with volcanoes, tropical forests, diver-friendly reefs and a host of different cultures.

While an increasingly popular destination for travellers, the nation’s infrastructure often leaves much to be desired.

ATMs are often few and far between and offer limited amounts for withdrawals, businesses do not always accept credit cards outside larger tourist spots and travelling with large amounts of cash comes with the usual security concerns.

For this reason, there is a significant use case for integrating bitcoin into the nation’s tourist infrastructure, Darmawan said.

“We get visited by many bitcoiners,” said Darmawan, “and some of them come with interesting stories about how they lost their wallet because it got stolen when they were on the market. So they need to sell some bitcoin to get some rupiah. And some of them come straight from the airport to get cash in rupiah. We are glad to be helping them while visiting Indonesia.”

source: http://www.coindesk.com/balis-bitisland-initiative-launches-bitcoin-travel-agency/

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
JetLi
Newbie
*
Offline Offline

Activity: 23


View Profile

Ignore
August 25, 2014, 01:52:11 PM
 #166

Great project. Spread the Bitcoins all over Bali  Cheesy
Radent
Newbie
*
Offline Offline

Activity: 9

Bit Hunter


View Profile

Ignore
August 28, 2014, 06:02:03 AM
 #167

Bali = Indonesia
Best Tour Island

FB /groups/636878136355124/
Twitter @radent_mamad
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
August 28, 2014, 08:01:31 AM
 #168

Please support this project by donating through cryptostocks : https://cryptostocks.com/securities/120
or
Bitcoin Donation : BTC 1sLAndWaCHYGD8F5LdQ9baXCXoNmsXtsg

==============================================

Dear Investors and Donators,

We would to thank you for buying our shares as token appreciation for supporting our BitIsland Project. We already paid the dividend as agreement.

Here is the summary transaction for our exchanges:
Period : 1 July 2014 - 31 July 2014
Volume Bitcoin Trading in BTC                                    597.19594085   BTC
Trading Fee Income in BTC                                            3.58317566     BTC
Total Shares Percentage                                                5.00%
Investment Reward from Bitcoin.co.id for Investors           0.1               BTC
Total Dividend for Cryptostocks Investors from Trading     0.17915878  BTC
Total Dividend for Cryptostocks Investors                        0.27915878  BTC

Dividend per Shares                        0.00002792  BTC
Total Shared Held Publicly           188
Total Dividend Paid                         0.00524896  BTC

Thank you for your continued support and for the confidence that you have placed in us. We would like to thank you to our investors that have faith in us. For that reason, we are giving away some our bitcoin as additional dividend. We will make sure to always give better performance every month.

Best Regards

Bitcoin.co.id - Indonesia Bitcoin Exchange

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
nicojuritz
Member
**
Offline Offline

Activity: 98


View Profile

Ignore
August 28, 2014, 12:04:18 PM
 #169

A very fine ideology in the spread of bitcoin world wide.Kudos
coinkita
Jr. Member
*
Offline Offline

Activity: 47

Nusantara Bitcoin


View Profile WWW

Ignore
September 01, 2014, 09:05:59 AM
 #170

keep up the good work pak Oscar..

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
September 03, 2014, 05:51:17 AM
 #171



Now you can buy BITCOIN in more than 10,000 Indomaret in all over Indonesia. Now everyone can own Bitcoin

How to Buy Bitcoin via Indomaret using iPaymu:

1. Create account in Bitcoin.co.id
2. Choose topup Rupiah via Indomaret (processed by ipaymu)
3. Follow the instruction
4. Pay your outstanding bills in Indomaret
5. You can buy Bitcoin through your account in Bitcoin.co.id

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
aragoon
Sr. Member
****
Offline Offline

Activity: 261


View Profile

Ignore
September 04, 2014, 04:40:16 AM
 #172

Enaaaaaaak.  Grin
arieq
Sr. Member
****
Offline Offline

Activity: 364


View Profile

Ignore
September 16, 2014, 09:55:01 PM
 #173

Mr. Oscar, is there a plan to open your branch office in yogyakarta in near future ? Yogyakarta is one of the foremost cultural centers of Java, and also one of the main Indonesia's major tourist destinations, so I think it'd be great to have bitcoins widely spread around here

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
September 26, 2014, 05:41:42 AM
 #174

Dividend Paid with Bitcoin Reward - Increased by 118% than last month - Increased by 323% than First Dividend

Dear Investors and Donators,

We would to thank you for buying our shares as token appreciation for supporting our BitIsland Project. We already paid the dividend as agreement.

Here is the summary transaction for our exchanges:
Period : 1 August 2014 - 31 August 2014
Volume Bitcoin Trading in BTC                                     1581.25834051    BTC
Trading Fee Income in BTC                                               9.48755004    BTC
Total Shares Percentage                                                   5.00%
Total Dividend for Cryptostocks Investors                           0.47437750   BTC


Dividend per Shares                       0.00004744  BTC
Total Shared Held Publicly           188
Total Dividend Paid                        0.00891830   BTC

Thank you for your continued support and for the confidence that you have placed in us. We would like to thank you to our investors that have faith in us. For that reason, we are giving away some our bitcoin as additional dividend. We will make sure to always give better performance every month.

Best Regards

Bitcoin.co.id - Indonesia Bitcoin Exchange


0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
September 30, 2014, 04:47:13 AM
 #175

Mr. Oscar, is there a plan to open your branch office in yogyakarta in near future ? Yogyakarta is one of the foremost cultural centers of Java, and also one of the main Indonesia's major tourist destinations, so I think it'd be great to have bitcoins widely spread around here

As long as we can get support from Yogyakarta people. We will open for sure Smiley

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
bitslands
Newbie
*
Offline Offline

Activity: 6


View Profile

Ignore
October 17, 2014, 03:47:21 AM
 #176


Naruki Surf Shop is now accepting Bitcoin!

Looking for the best way to surf in Bali?

Be sure to find everything you need in NARUKI--one of the best surf shops in the gang of Kuta!

The friendly guys here will rent you a board, fix your ding, offer you some great advices or even give you lessons and tips to complete your surfing experience! It's open from 10am to 10pm everyday, so make sure to drop by and ride the waves with Naruki Surf Shop!

Contact: +62-361-765772 (Mr. Asik)
Address: Jl.Popies II / Benesari, Kuta
Island: Bali, Indonesia
E-mail: santaglory2006@hotmail.com





Share their personal arts and designs!






bitslands
Newbie
*
Offline Offline

Activity: 6


View Profile

Ignore
October 18, 2014, 02:06:49 AM
 #177

Sagavin Shop is now accepting Bitcoin!

If you’re looking for a way to stop nightmares from occurring every time you go to sleep, then Sagavin Shop is the place you want to find! This shop creates various kinds of Dream Catcher to make sure you get the good night sleep you deserve. You can find the store easily since it’s located at the side of Legian Street. The price range that these friendly guys offer is cheaper than any other shops too so make sure to come by if you want to stop yourself from having nightmares!

And oh yeah, they totally accept Bitcoin.

 
Contact: +6281336398863

Address: Jl. Legian Tengah, Kuta

Island: Bali, Indonesia

E-mail: sagavin_shop@yahoo.com




bitslands
Newbie
*
Offline Offline

Activity: 6


View Profile

Ignore
October 20, 2014, 06:31:42 AM
 #178

Need to find Bali’s most unique accessories? Come visit Yuly Atin Shop at Legian Street! The friendly people here will offer you great goods and souvenirs items in the cheapest price you can find. It’s located right on the side of the street, across to Circle K mini market. Not only do they accept credit cards, you can also pay them with Bitcoin. It’s easy and simple, you can order by phone as well!

Oh yes, they definitely accept Bitcoin.

Contact: Mr. Harsono Brown (+6281338580891 or +6287860006347)

Address: Jl. Legian Tengah, Kuta

Island: Bali, Indonesia

E-mail: yuliatin_shop@yahoo.com

coiners99
Jr. Member
*
Offline Offline

Activity: 42


View Profile

Ignore
October 26, 2014, 07:49:58 PM
 #179

keep moving INDONESIA!!!

LOVE INDONESIA!!!!

SatoshiBet.com ✯ Bitcoin Casino Games
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
October 31, 2014, 05:09:50 AM
 #180

Dear Investors and Donators,

We would to thank you for buying our shares as token appreciation for supporting our BitIsland Project. We already paid the dividend as agreement.

Here is the summary transaction for our exchanges:
Period : 1 September 2014 - 30 September 2014
Volume Bitcoin Trading in BTC                                     1932.161575      BTC
Trading Fee Income in BTC                                               11.59296945    BTC
Total Shares Percentage                                                      5.00%
Total Dividend for Cryptostocks Investors                            0.57964848   BTC


Dividend per Shares                       0.00005797  BTC
Total Shared Held Publicly            193
Total Dividend Paid                        0.01118722   BTC

Thank you for your continued support and for the confidence that you have placed in us. We would like to thank you to our investors that have faith in us. We will make sure to always give better performance every month.

Best Regards

Bitcoin.co.id - Indonesia Bitcoin Exchange

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
bitslands
Newbie
*
Offline Offline

Activity: 6


View Profile

Ignore
November 03, 2014, 06:52:59 AM
 #181

Dena Shop is now accepting Bitcoin!

Need to find handmade bags for souvenirs? This shop can offer you any kind you want! This garment manufacturer is able to produce handmade bags, vest, shoes, etc. It’s located at the side of Legian Street in Bali and they accept Bitcoin as well as debit and credit cards. Come visit anytime you want and enjoy the beautiful arts of Bali!

Contact: Mr. I Nyoman Susila (+6287861274333 or +62361758140)

Address: Jl. Legian Tengah, Kuta

Island: Bali, Indonesia

E-mail: dena_shop@yahoo.com




bitslands
Newbie
*
Offline Offline

Activity: 6


View Profile

Ignore
November 03, 2014, 07:26:31 AM
 #182

Ariza Shop is now accepting Bitcoin!

Looking for a place to buy souvenirs for friends and families? Ariza II Shop is the best one for it! In here, you'll find different kinds of handmade bags, pouches, necklaces, and dresses with unique patterns! No need to get worry about the price, because the friendly people here will offer you the lowest price you can find.

And of course, you can pay with your Bitcoin!

Contact: +6281337097985 or +6281916711244 (Mr. Arisandi)
Address: Jl. Legian Kaja, No. 468, Kuta 80361
Island: Bali
E-mail: ariza832@gmail.com





bitslands
Newbie
*
Offline Offline

Activity: 6


View Profile

Ignore
November 03, 2014, 07:58:13 AM
 #183

Bali Green Surf is now accepting Bitcoin!

Have been wanting to surf in Bali but not confident with your skills? Hey, rest assure, Bali Green Surf is here to help you find your way out of your problems! With the cheapest price you can find, Bali Green Surf offers you the best surf experience in Bali. Their professional and highly skilled instructors will make sure you'll have a great time whether you learn to surf, want to get to know more about the beautiful Bali island and it´s culture or be part of their team to support their beneficial work.

Besides surfing, they're trying to provide a better life and job opportunities for orphaned and disabled kids. They donate half of the whole income such as food, clothes, toys and school equipments to orphanages and schools in Bali. Bali Green Surf also organizes several events like Black Markets or Surfing contests for the kids to create awareness and also to collect donations. They spend their every minute with the kids, trying to teach them how to surf, how to speak English, keeping them company and educate them on how to keep Bali clean and green.

And hey! They accept donation and payment in the form of Bitcoin as well, so what's holding you back?

Contact: +62361 9116350
Address: Jl. Drupadi 2 No. 09, Seminyak
Island: Bali
E-mail: info@baligreensurf.net or baligreensurf@gmail.com






BitRent
Staff
Sr. Member
****
Offline Offline

Activity: 378



View Profile WWW

Ignore
November 03, 2014, 02:27:52 PM
 #184

Met Oscar on Saturday in Bandung. Can't wait for his future projects with Bitcoin Indonesia & Bitsislands. Good luck!

Kawan dari Indonesia butuh escrow? Kontak saya, 0% fee. | PGP: F61165AB | Selling Bitcoins for Skrill & Perfect Money | Always PM me first if you're about to trade with me outside the forum | 17777779G9dNT95YxyMDKK2RUEg6EBbWZ
coinkita
Jr. Member
*
Offline Offline

Activity: 47

Nusantara Bitcoin


View Profile WWW

Ignore
November 12, 2014, 01:21:03 AM
 #185

Met Oscar on Saturday in Bandung. Can't wait for his future projects with Bitcoin Indonesia & Bitsislands. Good luck!

iya.. Mr Oscar is a very hardworking person.. thanks for visiting Jogja yah pak..

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
November 15, 2014, 08:26:32 AM
 #186

Met Oscar on Saturday in Bandung. Can't wait for his future projects with Bitcoin Indonesia & Bitsislands. Good luck!

iya.. Mr Oscar is a very hardworking person.. thanks for visiting Jogja yah pak..

Thank you CoinKita !  You guys do great job in Jogjakarta Cheesy

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
November 24, 2014, 07:24:45 AM
 #187

Hi Guys

We just renew the website. I hope this help bitislander when traveling in Bali Wink

www.Bitislands.com

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
junkrix
Newbie
*
Offline Offline

Activity: 11


View Profile

Ignore
November 24, 2014, 08:55:03 AM
 #188

good idea for the development of tourism in Bali

★☆★ Bitin.io - The Instant Altcoin Exchange! ★☆★
bitislands
Newbie
*
Offline Offline

Activity: 5


View Profile

Ignore
November 26, 2014, 04:12:09 AM
 #189

Viceroy Bali is now accepting Bitcoin!

The Viceroy Bali is a family owned and operated resort in Ubud consisting of 25 luxuriously appointed private pool villas, majestically situated in Bali's "Valley of the Kings" an appellation given by locals for the generations of Balinese royalty who have resided in nearby villages. The resort is also well known by sophisticated international travelers as one of the world's secret tropical hideaways and respected by its many repeat guests as a destination that places emphasis on the best of privacy and comfort.







A sanctuary for couples, honeymoons and weddings

Owned and operated by an Australian family, who understands the needs of international guests, this luxury villa resort is well known by sophisticated international travellers, as one of the world's best tropical, romantic, pampering luxury hotels. The Viceroy Bali marries utmost privacy with comfort and bliss.

All the private villas are luxuriously appointed with the latest electronic amenities, an espresso machine, full mini bar, and king size bed with lush bedding. Each villa offers spacious yet cozy outdoor spaces with stunning valley views



High cuisine and Spa: a complete experience

Guests of the Viceroy Bali also enjoy impeccable service and peerless public facilities. These include the feted restaurant and bar CasCades, and luxuriant spa and beauty centre Lembah, both with breathtaking vistas over Ubud's breathtaking landscape. Guests also have access to the valley-top infinity pool, boutique, complete and modern gymnasium and library.





Ubud, Bali: a paradise on earth

The Viceroy Bali is located within minutes from Ubud, one of S.E Asia's most charming villages with its leisurely pace and eccentric air, bric-a-brac shops, quaint galleries and cozy cafes.





Oh and have we mentioned that they accept payment in Bitcoin?
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
November 28, 2014, 05:24:11 AM
 #190

Dear Investors and Donators,

We would to thank you for buying our shares as token appreciation for supporting our BitIsland Project. We already paid the dividend as agreement.

Here is the summary transaction for our exchanges:
Period : 1 October 2014 - 31 October 2014
Volume Bitcoin Trading in BTC                                      1,822.13449074    BTC
Trading Fee Income in BTC                                               10.93280694    BTC
Total Shares Percentage                                                      5.00%
Total Dividend for Cryptostocks Investors                            0.54664   BTC


Dividend per Shares                       0.00005466  BTC
Total Shared Held Publicly          193
Total Dividend Paid                        0.01055   BTC

Thank you for your continued support and for the confidence that you have placed in us. We would like to thank you to our investors that have faith in us. We will make sure to always give better performance every month.

Best Regards

Bitcoin.co.id - Indonesia Bitcoin Exchange

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
mayabitcoin
Jr. Member
*
Offline Offline

Activity: 39


View Profile

Ignore
December 20, 2014, 02:33:11 AM
 #191

Is there any merchant in Jakarta that accepts Bitcoin? Bali is too far away from where I live but I understand that you're trying to make Bali as a bitcoin island (which is great!) but I just wish there are some merchants in Jakarta that accept Bitcoin as well...  Cry
thiec
Sr. Member
****
Offline Offline

Activity: 378

http://www.marketglory.com/strategygame/thiec


View Profile

Ignore
December 20, 2014, 06:01:24 AM
 #192

Is there any merchant in Jakarta that accepts Bitcoin? Bali is too far away from where I live but I understand that you're trying to make Bali as a bitcoin island (which is great!) but I just wish there are some merchants in Jakarta that accept Bitcoin as well...  Cry

You can find few of them, as far as i know such as:
* Cafe Upstair, Cikini street - Resto
* PT. Sinar Daku - PVC pipe manufacture and job order for plastic kind
* Several onlineshop, like RepublikHost.com, Hobihouse.com, Cilukba.co.id, UangKuno.net, Faiyo.net, Fastcell.net, Grosirmu.com
* Junkyard Cafe & Restro

ikydesu
Sr. Member
****
Offline Offline

Activity: 392


fb.me/Bitky.shop | Logo and Graphic Design, cheap!


View Profile WWW

Ignore
December 20, 2014, 06:26:05 AM
 #193

Pretty much also stores in Bali that accept bitcoin.
i hope stores in Indonesian, especially stores in Bandung can accept bitcoin too, only a few stores that accept bitcoin.

Is there any merchant in Jakarta that accepts Bitcoin? Bali is too far away from where I live but I understand that you're trying to make Bali as a bitcoin island (which is great!) but I just wish there are some merchants in Jakarta that accept Bitcoin as well...  Cry

You can find few of them, as far as i know such as:
* Cafe Upstair, Cikini street - Resto
* PT. Sinar Daku - PVC pipe manufacture and job order for plastic kind
* Several onlineshop, like RepublikHost.com, Hobihouse.com, Cilukba.co.id, UangKuno.net, Faiyo.net, Fastcell.net, Grosirmu.com
* Junkyard Cafe & Restro

Thanks for reference Smiley

funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
December 21, 2014, 12:21:31 AM
 #194

Please come to Bali with Bitcoin Smiley

Pretty much also stores in Bali that accept bitcoin.
i hope stores in Indonesian, especially stores in Bandung can accept bitcoin too, only a few stores that accept bitcoin.

Is there any merchant in Jakarta that accepts Bitcoin? Bali is too far away from where I live but I understand that you're trying to make Bali as a bitcoin island (which is great!) but I just wish there are some merchants in Jakarta that accept Bitcoin as well...  Cry

You can find few of them, as far as i know such as:
* Cafe Upstair, Cikini street - Resto
* PT. Sinar Daku - PVC pipe manufacture and job order for plastic kind
* Several onlineshop, like RepublikHost.com, Hobihouse.com, Cilukba.co.id, UangKuno.net, Faiyo.net, Fastcell.net, Grosirmu.com
* Junkyard Cafe & Restro

Thanks for reference Smiley

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
kalstarzz
Member
**
Offline Offline

Activity: 65


View Profile

Ignore
December 23, 2014, 02:49:22 AM
 #195

I saw more merchants in Bali in coinmap. Seems like you guys are doing well!
bitcoinuts
Jr. Member
*
Offline Offline

Activity: 58


View Profile

Ignore
December 24, 2014, 03:11:56 AM
 #196

Is there any merchant in Jakarta that accepts Bitcoin? Bali is too far away from where I live but I understand that you're trying to make Bali as a bitcoin island (which is great!) but I just wish there are some merchants in Jakarta that accept Bitcoin as well...  Cry

I see a few merchants located in Jakarta from coinmap  Smiley
desentralise
Newbie
*
Offline Offline

Activity: 2


View Profile

Ignore
December 24, 2014, 08:34:42 AM
 #197

I'm actually wanted to hear Bosche Club and Apache Reggae Cafe in Legian to start accept Bitcoin. Hell yeah, Bitcoin > Alcohol trade is much more interesting. Cheesy
(0_0)
Full Member
***
Offline Offline

Activity: 168



View Profile

Ignore
December 24, 2014, 06:23:01 PM
 #198

jogja too, there is some people who accept bitcoin as their payment option..., Cheesy
good luck with your project...
funchiestz
Full Member
***
Offline Offline

Activity: 153


View Profile

Ignore
December 26, 2014, 03:21:48 PM
 #199

Dear Investors and Donators,

We would to thank you for buying our shares as token appreciation for supporting our BitIsland Project. We already paid the dividend as agreement.

Here is the summary transaction for our exchanges:
Period : 1 November 2014 - 30 November 2014
Volume Bitcoin Trading in BTC                                     2544.816    BTC
Trading Fee Income in BTC                                             15.2689    BTC
Total Shares Percentage                                                  5.00%
Total Dividend for Cryptostocks Investors                          0.763445   BTC


Dividend per Shares                       0.00007635  BTC
Total Shared Held Publicly          193
Total Dividend Paid                        0.014736   BTC

Thank you for your continued support and for the confidence that you have placed in us. We would like to thank you to our investors that have faith in us. We will make sure to always give better performance every month. Our exchange still open 365x7x24 even in Christmas and New Year !

Merry Christmas and Happy New Year Everyone !

Best Regards

Bitcoin.co.id - Indonesia Bitcoin Exchange

0% Trading Fee for DOGECOIN, PAYCOIN & LITECOIN to BITCOIN   -  www.Bitcoin.co.id
St-ly_T
Member
**
Offline Offline

Activity: 100


View Profile

Ignore
December 28, 2014, 07:43:25 AM
 #200

Period : 1 March 2014 - 31 March 2014  Volume Bitcoin Trading in Rupiah                                             Rp  2,522,224,177.00


Period : 1 November 2014 - 30 November 2014  Volume Bitcoin Trading in BTC                                     2544.816    BTC

So in 7 months, volume has increased by more than 4 times. Not many business can claim that feat !

BitRent
Staff
Sr. Member
****
Offline Offline

Activity: 378



View Profile WWW

Ignore
December 29, 2014, 01:15:20 AM
 #201

Period : 1 March 2014 - 31 March 2014  Volume Bitcoin Trading in Rupiah                                             Rp  2,522,224,177.00


Period : 1 November 2014 - 30 November 2014  Volume Bitcoin Trading in BTC                                     2544.816    BTC

So in 7 months, volume has increased by more than 4 times. Not many business can claim that feat !



I agree with this. Bitcoin.co.id does a great job so far. Can't wait for 2015 Smiley

Kawan dari Indonesia butuh escrow? Kontak saya, 0% fee. | PGP: F61165AB | Selling Bitcoins for Skrill & Perfect Money | Always PM me first if you're about to trade with me outside the forum | 17777779G9dNT95YxyMDKK2RUEg6EBbWZ
bitcoinuts
Jr. Member
*
Offline Offline

Activity: 58


View Profile

Ignore
December 29, 2014, 01:36:39 AM
 #202

jogja too, there is some people who accept bitcoin as their payment option..., Cheesy
good luck with your project...

wow, jogja too? What kind of merchant?
nutshell26
Member
**
Offline Offline

Activity: 83


View Profile

Ignore
December 30, 2014, 02:24:42 AM
 #203

jogja too, there is some people who accept bitcoin as their payment option..., Cheesy
good luck with your project...

wow, jogja too? What kind of merchant?

there's a bitcoin community in there that i know of, but i don't know if there's any merchant in there accepting bitcoin
ikydesu
Sr. Member
****
Offline Offline

Activity: 392


fb.me/Bitky.shop | Logo and Graphic Design, cheap!


View Profile WWW

Ignore
December 30, 2014, 11:26:15 AM
 #204

jogja too, there is some people who accept bitcoin as their payment option..., Cheesy
good luck with your project...

wow, jogja too? What kind of merchant?

They have tour and travel with bit coin as payment.
But I don't know if there are merchant accept bitcoin in jogja