What You Need to Ask to Understand BitCoin or Cryptocurrency ???
BitCoin, or other Cryptocurrency is still a hot conversation among the public. A breakthrough in terms of Economics and Business may be a solution or even a new problem. The amount of information that must be digested to understand BitCoin and his friends, becomes an opportunity for the parties who want to take advantage of the situation and perform irresponsible acts.
Therefore, Education on Cryptocurrency seems to be quite important given the increase in its value and the possibility to become a medium of exchange in the future. But the current obstacle is where to start? Due to the abundance of understanding needed to understand Cryptocurrency, if we are completely laymen it will not be easy to understand how Cryptocurrency works. Because these digital currencies involve knowledge of finance and investment, in order to understand how they work we may also need to understand the technology used by the Cryptocurrency system called Blockchain.
So in this article maybe I will try to make a list of questions about what we need to know about Cryptocurrency, if we get a chance to discuss, come to the seminar or can ask directly with the experts. Because maybe the questions below, can spend a lot of articles to discuss it, and you probably will not read it, so ask directly, or if you get the opportunity to practice directly is the most ideal option. So here's the question you need to set up to understand BitCoin or other Cryptocurrency.
Cause of Bitcoin Exchange Rate Down Drastically
Bitcoin charm is emerging among modern society today. In just a few months, this digital exchange rate is close to US $ 11,800 and is transformed into one of the highest rated assets. However, Bitcoin's legality has not yet gained a common ground among business people. There are some who approve the use, but not a few also still halfheartedly acknowledge the validity of Bitcoin.
The world's finance and business industries are experiencing pros and cons because of the presence of Bitcoin or this digital money. There are some people who call it a 'fraud' tool and some say that Bitcoin can be sold for under $ 5,000. Unlike the pro-Bitcoin businessmen, they predict that the digital currency exchange rate will go up to the US $ 100,000 figure before 2018 expires.
In fact, in 2017, Bitcoin exchange rate could move up and down. According to the results compiled by CoinDesk, Bitstamp, Coinbase, Bitfinex and itBit, the exchange rate of Bitcoin at that time was recorded shot up to the position of US $ 19,783 per chip or equal to Rp.267, 7 million when using the exchange rate Rp.13.500, but instead declined again to a position of US $ 13,889 per chip or Rp.187.5 million for the same rate. Some argue that the decline in Bitcoin exchange rate occurs before the sale by the number of speculators. Not only that, Bitcoin exchange rate dropped dramatically also because the user's interest in digital money began to shift to other types of digital money such as Ripple, Litecoin, to Ethereum. Although these Bitcoin competitors have not been too popular, they are said to have a potential that is not inferior to Bitcoin. Here's the review for you.
How to invest with BitCoin?
In the end we or most people interested in BitCoin is because of the potential benefits it generates. So the question that arises is how to invest with this BitCoin?
Perhaps just like any other physical asset such as gold, for example, BitCoin and Cryptocurrency are digital assets that can be maximized to invest, the tips for investing are important for you to master when deciding to have BitCoin. With a value of 1 BTC that now reaches Hundreds of Million, it is no wonder that BitCoin becomes a worldwide conversation. Then of course the most important question if you get a chance to learn about BitCoin or cryptocurrency is to learn the investment techniques.
With capital convenience, profitability, and perhaps security, BitCoin and Cryptocurrency is indeed a sexy thing to talk about among businesspeople or investors. But back again, actually the same as Business or even other science, if we do not really know how to work or the system may be we can take the wrong step. So the right tips to jump on the path cryptocurrency is of course by learning from the experts or have proven experienced.
In this article I will include both offline and online Events in the form of Webinars, which you can follow to better understand the BitCoin or other Cryptocurrency. Later the event below will be able to keep updated and possibly the contents of this article can also be updated in accordance with the development of Cryptocurrency that occurred in Indonesia and the World. Please Bookmark this article if you are interested in BitCoin and open it periodically to get Update about BitCoin.
This one Bitcoin competitor began to be developed since 2012 by former Bitcoin developers who from the beginning are considered to be a successor to Bitcoin. Moreover, Ripple has managed to become one of the payment system until remittances through banks around the world. therefore, Ripple is not just a mere currency, but also a system that allows each currency to be transferred or traded by anyone. Currently, Ripple is trading at values in excess of US $ 0.25 and market cap value of up to US $ 9.82 billion.
How to get BitCoin?
There are various ways to actually earn BitCoin, from buying it with Physical Money, to another Cryptocurrency, or by doing mining, seems to have been missed. But the complication if you are new to BitCoin and Crytocurrency, then you need to be careful. Keep the transaction with a reliable party when making a BitCoin purchase transaction with Physical Money. There are some institutions that may be fairly official, to make a purchase or BitCoin transaction. Maybe buying from them is a wiser thing.
How the procedure and to whom to buy it that you need to ask. Then for mining this can be a new discussion longer. The point mining is an activity where BitCoin emerges from nothing, the process through Computing activities with Computers that have high hardware specifications. If you are interested may also ask questions about How to do Mining BitCoin?
Currently we are in the era of the 4th Industrial Revolution (Industry 4.0). Where this era is characterized by artificial intelligence, the era of super computers, genetic engineering, nano technology, automated cars, innovation, and changes that occur in exponential speeds that will have an impact on the economy, industry, government and politics.
In order to face the current digital era, the Ministry of Industry has prepared Roadmap (roadmap) Industry 4.0 by establishing five manufacturing sectors that will be a pilot and priority in its development.
What's a BitCoin?
This most meditative question always comes up, and the unique answers can be varied if asked to everyone, ranging from answering not knowing, answering short 'digital currency', the answer is less precise (like one example equating it with Paypal is not appropriate), to a long answer that either the question-giver can understand or not.
It's not easy to understand Cryptocurrency, if the question "What's a BitCoin?" Still comes to mind. Just like the physical Money that we know now, if we are not economists may still be tagging how to manage the existing physical money procurement. But the unique BitCoin or Cryptocurrency, not tied to the government or have the authority to monitor it. The latest blockchain and encryption systems are claimed to be able to provide secure transactions between owners.
You can ask this question if you really are very ordinary, or want to really understand what cryptocurrency is in detail. Because the explanation will probably be long depending on how far you understand about Finance and Technology.
