Dollar rises in Indonesia, what is the economic fate? - page 3.

audaciousbeing

hero member

Activity: 1330

Merit: 569

Quote from: Mhd-Bobbi on September 23, 2018, 02:05:13 AM

In Indonesia, the dollar rises while the Rupiah weakens, if the dollar rises why Bitcoin Prices do not rise.

Look: The dollar is rising, in Indonesia it can't overcome the problem of a stable dollar, now in Indonesia is experiencing Chaos, many people and even Students are Demonstrating against the Government, so that the dollar price cannot go down,

What about the economic fate in Indonesia, will it continue to experience chaos?

If dollars is indeed rising, it won't pick just one country to decide to rise rather, it would rise in all the countries in which its a major currency which means the world as it is the widely acceptable currency of transaction in the international market. What is really happening is the Indonesian local currency that is falling and if you take a look at the study very well, it is not only dollar that would be " rising" but every international currency that is predominant in that country and most likely at the same rate in other to forestall a situation of currency arbitrage. So the government over there should get their acts together.

On bitcoin, the 0.01btc would still remain 0.01btc whether dollar rises or not. Where it would be obvious bitcoin price is increasing is if one wants to convert to Rupiah. You would then realise that more rupiah would then be available compared to what was obtainable when the currency was stable. The economic fate of Indonesia would not always be in chaos as its a phase that would soon pass no matter how difficult it for them. Several countries have gone through worse and they came back strong.

Mhd-Bobbi

member

Activity: 434

Merit: 13

Quote from: dewi91 on September 24, 2018, 12:21:13 AM

Quote from: yusupjatigumilar on September 23, 2018, 07:06:54 AM

why is bitcoin price not going up? even though the dollar price rises, this is because the price of bitcoin does not refer to the dollar price, and I think Indonesia will go through a crisis like this, because Indonesia has experienced similar things a few years back and passed safely

Yes dollar price is not related to bitcoin price. I also worried if dollar price continue rising it will make the economy of Indonesia worsen. In a few years dollar price in Indonesia is continue to increase and this year is the worst year. Many company bankrupt and it make the number unemployment growing.

This is very sad in my country, there are so many things that cause unemployment because of the rising dollar, but I am still grateful that I still have a job in the Crypto world, with this job I can fulfill my daily needs, how about you?

Mhd-Bobbi

member

Activity: 434

Merit: 13

Quote from: kokobaba880 on September 23, 2018, 12:23:07 PM

When we compare two currencies then it is easily understand and i think that it is because of the Dollar which is the international currency people are using it for many ways and if it is rise in Indonesia and it is also in our country because our currency is devalue as compared to Dollar while in future many industries will realize that Dollar functions can perform by Crypto as well.

If you say that the dollar can work with Crypto, does Crypto have a relationship with the dollar?
And why doesn't Crypto rise if the dollar rises?
This question is strange, but research also needs to be done so that Crypto is exactly the same as the dollar.

dewi91

full member

Activity: 490

Merit: 100

Quote from: yusupjatigumilar on September 23, 2018, 07:06:54 AM

why is bitcoin price not going up? even though the dollar price rises, this is because the price of bitcoin does not refer to the dollar price, and I think Indonesia will go through a crisis like this, because Indonesia has experienced similar things a few years back and passed safely

Yes dollar price is not related to bitcoin price. I also worried if dollar price continue rising it will make the economy of Indonesia worsen. In a few years dollar price in Indonesia is continue to increase and this year is the worst year. Many company bankrupt and it make the number unemployment growing.

Aqcizromencez

member

Activity: 486

Merit: 10

I think it's not only Indonesia but there are some countries that have problems like Indonesia Hopefully our country does not experience a crisis like in the past and it is true that the pressure on the dollar will have a bad impact on our country.

wahyu wida

full member

Activity: 826

Merit: 100

Quote from: Tigorss on September 23, 2018, 10:58:07 AM

Quote from: Mhd-Bobbi on September 23, 2018, 02:05:13 AM

In Indonesia, the dollar rises while the Rupiah weakens, if the dollar rises why Bitcoin Prices do not rise.

Look: The dollar is rising, in Indonesia it can't overcome the problem of a stable dollar, now in Indonesia is experiencing Chaos, many people and even Students are Demonstrating against the Government, so that the dollar price cannot go down,

What about the economic fate in Indonesia, will it continue to experience chaos?

Actually it's not only in Indonesia. Rising impact of dollars also happen in some countries that caused by economic war among AS and China. It's not really chaotic, because indonesia people are concerned to another event like election. So, the chaos you said will no longer be an obstacle for Indonesia to improve.

and also Indonesia's economy minister, said that downturn was still at a safe level. besides that, hopefully politics in Indonesia runs smoothly so that it will maintain the stability of idr

maman567

member

Activity: 648

Merit: 10

Maybe raises of USD value will be effect for local money will be drop and have more effect for economic country faced crisis, just hope usd value could crash and make IDR more higher price and could help how drop of economic value.

ronics

member

Activity: 350

Merit: 10

When we compare the two currencies until the end it's easy to understand everything and for me it's a dollar so the reason for which people's money is being used for them all the way and if it is rising in Indonesia and is also the same in our country because our country's currency will be depreciated against a Dollar while going into the future so many industries know that Dollar actions can create a Crypto.

qwerty12

jr. member

Activity: 313

Merit: 1

Yes, in Indonesia, the dollar rose while the rupiah weakened. Most likely, the rupiah will continue to weaken, and investors will continue to put an eye on the currencies of developing countries like Indonesia.

But, even though the Rupiah continues to weaken, it does not mean that Indonesia will experience a financial crisis again. Even when the rupiah approached its lowest point in the past two decades, it is important to remember that the current economic foundation of Indonesia is very different compared to Indonesia's economic conditions when the financial crisis occurred in 1998.

randythered

full member

Activity: 434

Merit: 103

You're considering 3 separately priced things. Just because the price of one falls against the other does not mean that it will also fall versus the 3rd option. There are a few scenarios in which the dollar can appreciate against the rupiah (all examples will be in absolute terms):

Dollar value increases, rupiah value increases, but dollar increase outweighs that of rupiah.
Dollar value increases, rupiah value stays the same.
Dollar increases, rupiah falls.
Dollar stays the same, rupiah falls.
Dollar falls, rupiah falls but dollar falls less than rupiah does.

From this you can see that in scenario 1 rupiah value can increase so if BTC value remained static the rupiah would appreciate versus the dollar. This is also excluding any scenarios in which BTC value falls.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: carlisle1 on September 23, 2018, 09:25:25 AM

I believe this is a worldwide effect while america is doing better regarding economy

The US dollar is the base currency of the world, it doesn't increase or decrease in value against other fiat currencies. It's pretty much the same with how Bitcoin is the base currency in the crypto world. Bitcoin's BTC value doesn't increase or decrease either, the other currencies do.

The point is that as long as we believe that something is a base currency, the underlying economy or network in Bitcoin's case doesn't necessarily have to perform well. People for once just need to stop saving up their entire net worth in one specific fiat currency. It has always resulted in problems during bad economical times, so why are most people still not taking the necessary actions by hedging their native fiat currency?

This is one of the main reasons why the gap between rich and poor keeps growing larger. They don't act but just complain about governments and wait for them to force through improvements, which will never happen. Get off that lazy ass and stop playing victim.

Cojiro

member

Activity: 111

Merit: 10

Quote from: Mhd-Bobbi on September 23, 2018, 02:05:13 AM

In Indonesia, the dollar rises while the Rupiah weakens, if the dollar rises why Bitcoin Prices do not rise.

Look: The dollar is rising, in Indonesia it can't overcome the problem of a stable dollar, now in Indonesia is experiencing Chaos, many people and even Students are Demonstrating against the Government, so that the dollar price cannot go down,

What about the economic fate in Indonesia, will it continue to experience chaos?

haha I think you are overreacting in responding to the dollar problem in our country, remember Huh

The dollar rose because of the effects of the trade war of two world economic giants namely the USA and China, both dollars rose because American investors pulled their dollars from each country to return to America because of the dollar printing policy in 2009 by central American banks (CMIIW )
and our country is fine, be a critical person but remain intelligent in criticizing

kokobaba880

full member

Activity: 434

Merit: 101

When we compare two currencies then it is easily understand and i think that it is because of the Dollar which is the international currency people are using it for many ways and if it is rise in Indonesia and it is also in our country because our currency is devalue as compared to Dollar while in future many industries will realize that Dollar functions can perform by Crypto as well.

denuhaqiqi

jr. member

Activity: 420

Merit: 1

bitcoin does not refer to dollar prices, but the rise in the dollar not only affects Indonesia but also other countries in the world.
The weakening of the rupiah against the US dollar was the impact of external factors, namely the strengthening of the US dollar, rising interest rates on US Treasury bonds — US treasury — above 3 percent, and market anticipation of a possible increase in the Fed Fund Rate interest rate. reference to the Central Bank of the United States. Moreover, most of the foreign debt carried out by the government and the private sector is in the form of US dollars. The weakening of the rupiah has pushed up demand prices because it can affect people's purchasing power.
However, I think Indonesia will be able to survive this situation.

Tigorss

member

Activity: 308

Merit: 10

Quote from: Mhd-Bobbi on September 23, 2018, 02:05:13 AM

In Indonesia, the dollar rises while the Rupiah weakens, if the dollar rises why Bitcoin Prices do not rise.

Look: The dollar is rising, in Indonesia it can't overcome the problem of a stable dollar, now in Indonesia is experiencing Chaos, many people and even Students are Demonstrating against the Government, so that the dollar price cannot go down,

What about the economic fate in Indonesia, will it continue to experience chaos?

Actually it's not only in Indonesia. Rising impact of dollars also happen in some countries that caused by economic war among AS and China. It's not really chaotic, because indonesia people are concerned to another event like election. So, the chaos you said will no longer be an obstacle for Indonesia to improve.

Wete

jr. member

Activity: 140

Merit: 1

In my opinion, the economic conditions in Indonesia are still stable, I am an Indonesian and not this time alone Indonesia has received the impact of the rising dollar and proved that Indonesia is able to get through this. Indonesia will be fine.

WakGondrong

newbie

Activity: 6

Merit: 0

Quote from: Mhd-Bobbi on September 23, 2018, 02:05:13 AM

In Indonesia, the dollar rises while the Rupiah weakens, if the dollar rises why Bitcoin Prices do not rise.

Look: The dollar is rising, in Indonesia it can't overcome the problem of a stable dollar, now in Indonesia is experiencing Chaos, many people and even Students are Demonstrating against the Government, so that the dollar price cannot go down,

What about the economic fate in Indonesia, will it continue to experience chaos?

i hear some student in a few country already demonstrate,all of them want president must be change,because he cant make economic better,but i think one of trouble why dollar rises and rupiah weakens are many ppl use import stuff,because import stuff make price with dollar and we must exchange rupiah to dollar for buy it,and we will get economy rule demand and supply,i think the solution is,we must reduce import for raises rupiah,start for love our product,and give our scientist some money for make great stuff for make this nation great again.

Newer

newbie

Activity: 38

Merit: 0

Indonesia's economic conditions when the dollar rose in Indonesia, caused the Indonesian economy to become stagnant or hampered. This condition is exacerbated by the continued weakening of consumption. The Indonesian economy is basically quite good, but the problem comes from the incentives for the economy that must be boosted.

Mhd-Bobbi

member

Activity: 434

Merit: 13

Quote from: carlisle1 on September 23, 2018, 09:25:25 AM

Quote from: Mhd-Bobbi on September 23, 2018, 02:05:13 AM

In Indonesia, the dollar rises while the Rupiah weakens, if the dollar rises why Bitcoin Prices do not rise.

Look: The dollar is rising, in Indonesia it can't overcome the problem of a stable dollar, now in Indonesia is experiencing Chaos, many people and even Students are Demonstrating against the Government, so that the dollar price cannot go down,

What about the economic fate in Indonesia, will it continue to experience chaos?

I believe this is a worldwide effect while america is doing better regarding economy

Because in philippines dollar is also growing high while the philippine peso is dropping

Lets pray that this will not continue as the people of each country will suffer from this while the US will rejoice

Unfortunately, in some countries there will be sadness, while countries that have dollars have fun, other countries scream because of the economic difficulties they are experiencing, will this continue, the country that has the dollar is the Ruler.

boyz97

full member

Activity: 658

Merit: 106

Quote from: Mhd-Bobbi on September 23, 2018, 09:16:02 AM

Quote from: fanji on September 23, 2018, 07:46:38 AM

You must never make false news, I am an Indonesian, until now the economy in the country of Indonesia is fine, there is no chaos, those who create chaos because they do not want Indonesia to calm down, please do not equate bitcoin with usd, why do people think that the dollar goes up bitcoin must go up? USD prices have risen altogether not being a driving force for bitcoin to rise in price

If you are indeed an Indonesian, I am also an Indonesian, do you know that the dollar is rising and Indonesia's currency is experiencing weakness, some media are spreading the news that there are many demonstrations in Indonesia.
They want the dollar to be lowered because it affects the economy in Indonesia.

dont look only in indonesia rupiah rate, but you should look at macro economic condition.and the thing you should to know, its not only happen to indonesia.but much country have same condition with their currency.i think you should learn about macro economic, geopolitic to understand it.

Topic: Dollar rises in Indonesia, what is the economic fate? - page 3. (Read 668 times)