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Quote from: Script3d on June 04, 2018, 10:19:28 AM

Quote from: Fawez on June 04, 2018, 10:14:28 AM

If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.

let those people say bitcoin is a bubble but we cant deny bitcoin's blockchain will be the future let's see in the future if they can still call it "bubble".

BTC has a value of nearly USD 15,000 (Rp 201 million). Then, at the end of the month, the value of one of the largest cryptocurreny was even fallen to be in the range of USD 8.810 (Rp 118 million). Although it had recovered to be at USD 10,142 (Rp 136 million), but bad luck Bitcoin still continues until early February. Digital currency was once again experienced a slump that forced 1 BTC worth USD 8.568 (Rp 115.1 million). The number was the worst since November 25, 2017, which at that time Bitcoin had touched USD 8.561 (Rp 115 million). Now, Bitcoin's own value is in the range of 8,900 (Rp 119 million), based on data from CoinDesk. The decline in Bitcoin prices is expected to be caused by the new regulation adopted by the South Korean government related to the ban of cryptocurrency in the Ginseng Country. However, South Korean Finance Minister Kim Dong-yeon denied this by saying that the local government only regulates its trade. Not only South Korea, the Philippines and Japan have recently been known to brew the policy to tighten the rules of main cryptocurrency in their respective countries. In addition, Facebook's social networking policies to punish ads that are linked to digital currencies are also seen to play a role in the decline in the value of Bitcoin. In addition, the increasing popularity of other cryptocurrencies such as Ethereum and Ripple attracting people to invest in it is also one of the causes of declining value of Bitcoin, as Nicholas Colas, co-founder of DataTrek Research,

If you want to know how to follow the price bitcoin in the future, of course, must prepare first. It will certainly take a lot of time to analyze the charts and economic developments. Is it only by analyzing the movement of the chart will guarantee? The graph is not a guarantee that bitcoin prices will rise in the future. The existence of the graph can be used as a source to 'predict' the rise or fall of bitcoin prices. The more market participants hold crypto, the price will skyrocket. But most people are in too much of a hurry when they hear an uncertain issue.

Bitcoin achieved the highest score over the past six weeks. The increase is expected due to positive sentiment affecting the market. The value of virtual currency is finally slowly rising after suffering a considerable loss of up to 50% in the quarter one year. Although in the same quarter the previous year had jumped 1,400 percent. The benefits of Bitcoin also increase the demand for other cryptocurrencies such as Riak and Ethereum. This increase pushed the market capitalization of all digital currencies to US $ 427 billion. Based on cryptocurrency tracker, the valuation is the biggest market cap since early March.

Quote from: gadman2 on April 23, 2015, 05:44:28 AM

Because it's still new. And actually a solid percentage of bitcoin users still don't 'trust' bitcoin.

The government announced a severe ban on the use of virtual currency (cryptocurrency) such as bitcoin as a means of transaction and payment in Indonesia.

Quote from: Kakmakr on April 01, 2018, 06:09:11 AM

Any currency or commodity has perceived value, because people gives it value. Why do people want to use a little piece of paper to buy a cup of imported coffee from a coffee shop? Why does the coffee shop vendor want that piece of paper? The simple reason is that people believe that the piece of paper are backed by the government and the government guarantee it's value.

In Bitcoin people can use the token to transfer value globally, because the token has a perceived value that are determined by supply and demand on a open market. ^smile^

The value of bitcoin is reportedly down by 67 billion US dollars or more than Rp 900 trillion in the past week. The total value of bitcoin in circulation is now in the range of 125.8 billion US dollars. Bitcoin prices are now far behind, with a margin of more than 60 percent, from record highs in the range of 19,500 US dollars per chip recorded in December 2017. The decline in bitcoin prices was triggered by a massive sell-off due to a lot of bad news that recently hit the cryptocurrency industry.

Quote from: Lucius on May 26, 2018, 01:22:15 PM

You should use search option for your question, there is many threads like yours. Also this is not proper board, move this (check move button) to Development & Technical Discussion

Your first choice should be Electrum, it is just what you ask for, it is light ( only need some 40 MB of download after install) , it is easy to use, you are in full control of your private keys and you have backup in form of seed words. Just use link in this post (to avoid fake wallets), create standard wallet and write down seed words ( be very careful with that ). Also set up strong and unique password for wallet.

Armory is not for you since it is also need BitcoinCore to be installed and completely synchronized.

I recommend Blockchain (web: blockchain.info)

Because Blockchain is a trusted and undoubtedly bitcoin wallet. We can see all bitcoin transactions like sending and receiving bitcoins from all blockchain accounts. Its security system can guarantee in every transaction and storage.

Another advantage is that blockchain makes it easy for merchants online merchant by preparing API technology. But behind all the advantages, still have shortcomings such as:
It is only possible to store bitcoin, meaning it can not yet store other coin coins such as etherum, litecoin etc.
For us as Indonesian people, in blockchain there is no bitcoin exchange service with rupiah currency. Instead of using blockchain we have to use another wallet as well.