Dollar rises in Indonesia, what is the economic fate? - page 4.

Mhd-Bobbi

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Quote from: Nahl on September 23, 2018, 06:43:55 AM

if i'm not mistaken that Argentina and Malaysia also have the same problem such as Indonesia that their local currency was weaken by dollar but bitcoin price not depending on dollar movement price and it caused by crypto market situations which is not related to economy from other countries so if you're comparing between dollar risses related to crypto market i think you're wrong

I compared the dollar to crypto, because the price of crypto dropped, if you thought I was wrong in interpreting it, what do you think about the weakening of the crypto market right now?
why do you say that the crypto market is not related to dollars?

carlisle1

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Quote from: Mhd-Bobbi on September 23, 2018, 03:05:13 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

Mhd-Bobbi

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Quote from: visionE2 on September 23, 2018, 05:08:28 AM

I think that not only Indonesia's currency is weakening, but there are so much countries which currency is weakening, it is caused by the US and Chinese trade war is heating up again, many countries become victims from the impact of that trade war

Nobody wants this trade war to continue, I think all countries are wise to make Decisions, see the Dollar rise, does anyone have an alternative so that we can all get away from a weak economy?

Mhd-Bobbi

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Quote from: fanji on September 23, 2018, 08:46:38 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.
Source:
http://video.tribunnews.com/view/61484/desak-pemerintah-untuk-menstabilkan-nilai-rupiah-terhadap-dollar-mahasiswa-demo-ke-dprd-kalsel

fanji

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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

stompix

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Quote from: Mhd-Bobbi on September 23, 2018, 03:05:13 AM

What about the economic fate in Indonesia, will it continue to experience chaos?[/b]

When you put your fate in the hands of this kind of people....

https://www.channelnewsasia.com/news/asia/dozens-of-ex-graft-convicts-to-run-in-indonesia-elections-10746078

Quote from: Mhd-Bobbi on September 23, 2018, 03:05:13 AM

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

Because the situation in Indonesia is irrelevant both to the global economy and to bitcoin prices and it's not going to be influenced by the fall of the Turkish lira or the Indonesian rupiah. Bitcoin acts just like other commodities, do you see a spike in oil, gold or milk because of the situation in Indonesia?

vv181

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Dollar rising not only happen in Indonesia but in the majority of countries in the world. Its due to the US-China trade war that makes it happen.

Quote from: Mhd-Bobbi on September 23, 2018, 03:05:13 AM

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 chaos? everything just doing fine, it's just the tense that rise due to the politic selection that would happen in 2019. Afterall Indonesia government just doing a good job adapting to the trade war.

ylnar123

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Quote from: Mhd-Bobbi on September 23, 2018, 03:05:13 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?

It is not only in Indonesia, but also in many countries that inflation and the local currency is overwhelmed by dollars. I think economic stability on Indonesia is still in tact, it's just their currency got weaker than dollars was.

manfredmann

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Quote from: Mhd-Bobbi on September 23, 2018, 03:05:13 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?

Well you're country is not alone on with this even here in the Philippines dollar currency has gone strong and Philippine Peso had weaken also. The inflation rate has risen which made the economy of the Philippines weaken and that market price for the basic commodities has risen. The purchasing power of PESO had gone weak.

Reatim

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Quote from: Nahl on September 23, 2018, 06:43:55 AM

if i'm not mistaken that Argentina and Malaysia also have the same problem such as Indonesia that their local currency was weaken by dollar but bitcoin price not depending on dollar movement price and it caused by crypto market situations which is not related to economy from other countries so if you're comparing between dollar risses related to crypto market i think you're wrong

So as other South American and other Asian nation as well. But I don't know if the OP relates to crypto as a leverage for this economic disaster. Being a Asian, I just do hope that nothing significant will happen in Indonesia though, I don't want to see another neighbour getting in a economic downfall. If Indonesian wanted to have a hedge then they can probably shift their fiat to bitcoin/crypto and see how this pan out for them.

yusupjatigumilar

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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

Nahl

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if i'm not mistaken that Argentina and Malaysia also have the same problem such as Indonesia that their local currency was weaken by dollar but bitcoin price not depending on dollar movement price and it caused by crypto market situations which is not related to economy from other countries so if you're comparing between dollar risses related to crypto market i think you're wrong

visionE2

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I think that not only Indonesia's currency is weakening, but there are so much countries which currency is weakening, it is caused by the US and Chinese trade war is heating up again, many countries become victims from the impact of that trade war

Mhd-Bobbi

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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?

Topic: Dollar rises in Indonesia, what is the economic fate? - page 4. (Read 607 times)