Search content
Sort by

Showing 20 of 73 results by Tetutu
Post
Topic
Board Bitcoin Discussion
Re: US or China: Who do you think will legalize bitcoin first?
by
Tetutu
on 24/12/2018, 08:25:51 UTC
I feel the US will legalize Bitcoin, I don't see China opening the door for Bitcoin. I heard that the Chinese government is constantly telling citizens to invest in gold, silver, and diamonds.. and prohibits citizens from investing in cryptocurrencies, especially invest in the ICO.
The US first legalized bitcoin, even in their country there are already many Bitcoin ATMs that make it easier for bitcoin owners to carry out their activities using bitcoin. The infrastructure available in the US is more modern than China, so the use of bitcoin as a payment tool is easier. While China is less aggressive in responding to bitcoin as a currency, it is very enthusiastic in developing the blockchain, the technology that accompanies bitcoin.
Post
Topic
Board Bitcoin Discussion
Re: high bitcoin fee!!
by
Tetutu
on 24/12/2018, 08:15:04 UTC
That's what hurt most of the crypto traders especially when the bitcoin fee is already high. It is alright to have a high bitcoin fee if it is only an option if you wanted to have your transaction processed as fast as lightning.
I rate it still reasonable to note that the process is fast, because of the relative cost factor and depends on the bitcoin exchange policy. Bitcoin traders certainly want profits, on the other hand bitcoin owners who make transactions want the process to be done quickly.
Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin in Southeast Asia be legal?
by
Tetutu
on 24/12/2018, 08:05:00 UTC
Should be similar like other countries anyway, like other countries does it might need KYC for taxation purposes on trading or purchasing, the volume plays a huge impact but of course there's many cases where illegal activities are facilitated by cryptocurrency and was cracked down by authorities, cryptocurrency would perserve a location like another other financial instrument tools for a small group of traders
In Southeast Asia, in my opinion, not all countries are willing to accept bitcoin, especially countries with high levels of corruption, because decentralized bitcoin will make it difficult for corruptors to carry out their actions. But countries like Singapore, Thailand or the Philippines can accept bitcoin because they believe that tourism can grow more if bitcoin is legalized, even though when bitcoin is withdrawn, it still needs KYC.
Post
Topic
Board Economics
Re: Bitcoin eventually disappear...
by
Tetutu
on 24/12/2018, 07:55:04 UTC
I think what you are saying has a point, but before that happened and the amount of bitcoin in the market gets small, it would keep increasing its value first, and if it all was lost because of human error, people can easily make another bitcoin with the same value and same amount, so I think its not gonna be a very big of a problem.
I think that's impossible because bitcoin has become a digital currency globally, even though it's not official. But the number of users is increasing, for those who are active in trade and investment. Bitcoin will never disappear, but Bitcoin will probably experience some regulatory changes which means accommodating government policies in each country.
Post
Topic
Board Economics
Re: Bitcoin volume is still rising ?
by
Tetutu
on 24/12/2018, 07:45:59 UTC
Speculative capital is rising and going to bitcoin then going back and price fall greatly.... there will never be any real money on such exchanges only speculative capital to push the price higher
Bitcoin is indeed speculative investment, rising very fast and falling rapidly. This makes the bitcoin market always attractive, because the profits can be very large. So, in my opinion bitcoin still has an attraction because the turnover is still very large and the interest of people to get involved with it is increasing
Post
Topic
Board Bitcoin Discussion
Re: Will usage of bitcoin reduce the value of native currencies?
by
Tetutu
on 20/12/2018, 03:44:33 UTC
I have used both and i come to know that native currencies are also very important and we can not say that native currencies are not important we have seen that native currencies are now using for transactions through banks and in future blockchain will take the place of fiat currencies.
I don't think it will reduce the value of real currencies, because the use of bitcoin as a digital currency remains not as much as the use of real currency. In addition, bitcoin is used by the upper middle class who master technology where not all countries legalize it.
Post
Topic
Board Bitcoin Discussion
Re: Money Laundering started with banks not bitcoins.
by
Tetutu
on 20/12/2018, 03:34:04 UTC
yes it is true, before bitcoin there have been many crimes that have arisen. Bad people are to blame because the evil ones will always find a way to do the action. Even though the rules are made, security is doubled if bad people will find ways to do evil.
Banks from the past until now are still a favorite place for criminals to save their money, because the bank closed the eyes of where the money came from. The bank always calculates with profit. While bitcoin emerged 10 years ago, where users were still small compared to bank users, so many money laundering players kept their money in the bank.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin losing value is nothing surprising, will continue
by
Tetutu
on 20/12/2018, 03:24:39 UTC
We know that bitcoin price is  unstable so we dont have to be surprised whats happening now. It was on a big down of a price but dont judge bitcoin,  it will recover soon.  Think postive and never doubt  it, those who truly in bitcoin will earn a good result.
I am not surprised by the decline in the price of bitcoin, because it is indeed unstable so it increases rapidly, decreases too quickly. As a bitcoin owner must always be vigilant and analyze the bitcoin price movements because the information that raises the issue of bitcoin can have an impact on the price of bitcoin.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin and stagnation
by
Tetutu
on 20/12/2018, 03:13:25 UTC
There is always a rise after a period of stagnation. Bitcoin doesn’t fall below $6500 for a long time. Probably, this is its lowest price, which is associated with the high energy consumption during its mining. The increase in activity in cryptocurrency market may be due to the gradual transition of the world to a new financial system with a different main currency instead of the dollar.
Increased activity in the cryptocurrency market after a period of stagnation may be due to the belief of the bitcoin owners that prices will rise again, so that the financial system will gradually change where the use of digital currencies is increasingly popular.
Post
Topic
Board Bitcoin Discussion
Re: Why is Bitcoin allowed to continue?
by
Tetutu
on 18/12/2018, 08:11:50 UTC
Bitcoin is not the same as other conventional currencies. There are many people in the world using Bitcoin as a currency for online payments, and many choose Bitcoin as a form of savings. Banks are trying to make a lot of choices to attract depositors and invest in their banks, so they accept Bitcoin.
Bitcoin sebagai mata uang digital diperlukan karena uang digital masa depan akan sangat penting. Uang konvensional masih ada, tetapi pengguna yang menguasai teknologi lebih memilih bitcoin karena cepat dan aman. Selain itu, kerahasiaan lebih terjaga, karena  bitcoin menggunakan sistem peer to peer.
Post
Topic
Board Bitcoin Discussion
Re: How did you hear about Bitcoin (From Ponzi to Cryptocurrency)
by
Tetutu
on 18/12/2018, 07:59:22 UTC
I am heard about bitcoin around 2017 but in that time, it not attacting me because i think its a ponzi scheme. I am start to believe that crypto is real investment when i am read about goldman sachs buying poloniex and want to open bitcoin trading desk. Hopely this market will give profits next year
I heard about bitcoin when bitcoin was booming and became a conversation and debate between financial observers and bitcoin traders. At that time in 2017, there were even observers who predicted that bitcoin bubbles. Other observers say that is the Ponzi scheme. Finally I believe that bitcoin is a digital currency and can be used in many countries.
Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin be the currency of our future?
by
Tetutu
on 17/12/2018, 08:20:04 UTC
yes, maybe later bitcoin will become the world currency if all countries have legalized it, and the price of bitcoin must be more stable because if the price of bitcoin is still not stable, of course it will be very detrimental to become a means of payment.
This must be a means of payment globally, because technology is adequate. The problem is that not all countries accept bitcoin, so there must be a global agreement so that all countries agree. In addition, not all countries have fast and stable internet access, because internet networks are the most important.
Post
Topic
Board Bitcoin Discussion
Re: will decentralised exchanges be the future ?
by
Tetutu
on 17/12/2018, 07:51:57 UTC
Yes, Decentralized exchanges will be the future for exchanges of cryptocurrencies. It is safer than any third party sites like Binance, Bittrex, Hitbtc etc. People want to save his coins in his own wallet.
Decentralized exchanges in my opinion are safer and faster, because they do not involve third parties. Because all this time, third parties have always attracted high transaction costs, so that the greatest benefits are enjoyed by them.
Post
Topic
Board Bitcoin Discussion
Re: Do not respond to FUD threads!
by
Tetutu
on 17/12/2018, 07:37:50 UTC
I always want as many people as possible to study bitcoin, understand its prospects and do not write nonsense on the forum. But it never seems to end. So perhaps indeed is worth less to pay on this attention.
The more people who learn bitcoin, the better, because bitcoin can be a source of income. But in arguing in forums it is always nonsense, not encouraging. Bitcoin knowledge should be disseminated so that it is bigger and more global.
Post
Topic
Board Bitcoin Discussion
Re: What are you most interested in learning about?
by
Tetutu
on 17/12/2018, 07:22:34 UTC
I want to know the bitcoin fork the nodes and trading at all i would like to start my own network in the crypto where online trading will be possible and it is true that crypto is the long term plan some time fall and some time rise are the part of it, I am interested in learning it.
What I want to learn is a profitable bitcoin trading technique, meaning the profit percentage with a loss is greater in profit. Although I know that trading cannot be 100% profitable, but cumulatively in one month it is still profitable, so it is very promising on a business .
Post
Topic
Board Economics
Re: Technology improves we work more.
by
Tetutu
on 24/11/2018, 13:12:12 UTC
Technology is very important in our daily works, there are many technologies are introduced in this new era in the different fields of business and we must adopt this technologies , it has the costs but you gain out of it , if this are applied in our different works ,what we do is work for it because the technology is there already applied.
The application of technology makes us work more efficiently and on target. Unlike before it was inefficient and wasteful of many things causing the quality to be not optimal and prices to be expensive. So it is undeniable with the latest technological discoveries that require us to work more excited.
Post
Topic
Board Economics
Re: Investing in Bitcoin? Advantages and Disadvantages
by
Tetutu
on 24/11/2018, 12:42:05 UTC
The advantage in investing bitcoin is that you will earn a profit that will completely change your life. That is, if you know how to manage your bitcoin investment like selling it only when the price is high and hold it while the price is low.
Because the price of bitcoin is not stable, if you buy at the right time and not long after it is sold again when the price rises high, then a big profit will be obtained. But when buying at the wrong time,  the price drops then there is no other choice, that is HODL until the price rises again as predicted. According to me, bitcoin investment is still profitable
Post
Topic
Board Trading Discussion
Re: Short term vs. Long term investments
by
Tetutu
on 24/11/2018, 12:19:30 UTC
I prefer to keep my coins in the long term, Hold is freedom and that depends on the roadmap of each coin so we have convincing calculations and predictions in determining the steps. because every development takes time to develop their system
The cryptocurrency I like is bitcoin. In investing, I prefer a long-term investment, because I still have a permanent job. But that also depends on the price of bitcoin and the rate of increase that I predicted. Because bitcoin prices fluctuate, instinct factors are very important besides rationality.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin - the future "stable coin"
by
Tetutu
on 23/11/2018, 05:23:23 UTC
I think that the largest central banks of the world will not support Bitcoin as a reserve world currency. This is due to the high concentration of bitcoins in individual hands, mainly in China. If the majority of bitcoins were owned by the Fed, then bitcoin would become a world currency.
I am of the same opinion that the central bank in the world will not support bitcoin as a world currency. This is because bitcoin is unstable if used as a world currency. Because one of the requirements can be used as a legitimate means of payment between countries, the money must be stable. At least the fluctuations are not too high.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is a tax
by
Tetutu
on 23/11/2018, 05:13:11 UTC
If Bitcoin becomes a world currency, then it is quite possible that it will be taxes and tickets, and all those things that are enough imagination.
If bitcoin becomes the world currency, where all countries use it, of course there is one very potential income, namely tax from bitcoin trading, bitcoin investment, and payment using bitcoin. The government has such a desire, but bitcoin is not currently designed like that because bitcoin is anonymous and transactions are peer to peer.