Price After Indonesian Ban - page 3.

GetOutOfMyLife

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Quote from: JeffBrad12 on October 27, 2017, 09:39:26 AM

Quote from: hugeblack on October 27, 2017, 09:06:33 AM

Some news Came from Indonesian say

Quote

The head of Bank Indonesia, Indonesia’s central bank, has threatened action against bitcoin adopters if the cryptocurrency is used as a method of payment.

Are this news if be right will effect in Bitcoin price Huh

Source https://www.cryptocoinsnews.com/bitcoin-banned-payment-method-adopters-will-dealt-indonesian-central-bank/

the central bank of Indonesia is a banker, and you may understand about what already said by me. As the bankers and the digital currency will against the cryptocurrency and that means the fiat currency manipulator will try to hate the bitcoin. So this will not make any surprise for me about the Indonesia's central bank try to ban the bitcoin. This doesn't give impact to the bitcoin as this time bitcoin gets a little correction.

I agree with you that Indonesian central bank ban or hate bitcoin not affect to bitcoin price so much. One, Indonesia not same as China who hold a huge of bitcoin mining. They can affect to capicity of market. The second, banker not whole of system, they can ban bitcoin as illegal monetary, but BTC is not included of their economy, Indonesian still can buy or sell BTC via ecurrency

not Indosia Rupiah :3

JeffBrad12

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Quote from: hugeblack on October 27, 2017, 09:06:33 AM

Some news Came from Indonesian say

Quote

The head of Bank Indonesia, Indonesia’s central bank, has threatened action against bitcoin adopters if the cryptocurrency is used as a method of payment.

Are this news if be right will effect in Bitcoin price Huh

Source https://www.cryptocoinsnews.com/bitcoin-banned-payment-method-adopters-will-dealt-indonesian-central-bank/

the central bank of Indonesia is a banker, and you may understand about what already said by me. As the bankers and the digital currency will against the cryptocurrency and that means the fiat currency manipulator will try to hate the bitcoin. So this will not make any surprise for me about the Indonesia's central bank try to ban the bitcoin. This doesn't give impact to the bitcoin as this time bitcoin gets a little correction.

Slow death

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They can do whatever they want, there are other countries that will accept bitcoin

" In his embracive approach to bitcoin, Bangko Sentral ng Pilipinas (BSP) deputy director Melchor Plabasan :

"It’s like any other monetary instrument [and even] an investment instrument. There are risks but essentially, it can be managed. If you want something that is fast, near real-time and convenient then there’s the benefit of using virtual currencies like bitcoin."

In August, the Australian government regulated the bitcoin industry for the first time. This week, new draft laws that offer an easier path for FinTech startups and initial coin offerings (ICOs) into the market has been proclaimed as a “game changer” by Australian Treasurer Scott Morrison. "

Quote from: teilwalL05 on October 27, 2017, 09:16:47 AM

well they are scared of the risk involving Cryptocurrency payments...

they are worried about their political system, seeing many people make money freely is not something that all governments want

teilwalL05

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I think it is still in process the banning of Indonesian central bank to bitcoin, well they are scared of the risk involving Cryptocurrency payments and because of this I think their minds are clouded not knowing the thins Cryptocurrency can do with the process of transaction in their country, well in my opinion if the percentage of market cap towards Indonesia is at large there will be a huge impact involving with the value of bitcoin.

ihsanskanzaone

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I think after the ban of bitcoin in Indonesia as a valid transaction tool actually even increase bitcoin users in indonesia because firmly ceo bitcoin company in india firmly say that bitcoin is not a currency but digital object that can be used as medium of exchange. Bitcoin in say is similar to gold because gold is also an item that can be used as a medium of exchange where the exchange rate is not determined by the government.

hugeblack

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Some news Came from Indonesian say

Quote

The head of Bank Indonesia, Indonesia’s central bank, has threatened action against bitcoin adopters if the cryptocurrency is used as a method of payment.

Are this news if be right will effect in Bitcoin price Huh

Source https://www.cryptocoinsnews.com/bitcoin-banned-payment-method-adopters-will-dealt-indonesian-central-bank/

Topic: Price After Indonesian Ban - page 3. (Read 862 times)