A collection of short stories, essays, blog-posts and photographs from Ubud, Bali, Indonesia

« Ubud High « Buying Bitcoin on Bali ~ Boom, Bust, Boom [Current: 2021]

TIPS AND HOT WARNINGS from the highly volatile alternative galaxy of Bitcoin and cryptocurrency.

Buying Bitcoin on Bali? Or from home in the comfort of your own armchair?

Today's Cryptocurrency market at a glance


The New Kids on the block ~ DeFi ('Decentralized Finance')


The Old Gangster coins ~ Bitcoin, Ethereum, Litecoin, Cardano, Bitcoin Cash... and Binance Coin


Bitcoin's current trajectory



Today's Bitcoin and cryptocurrency news


Buying and trading Bitcoin & cryptocurrency in Indonesia

Is buying and selling Bitcoin and crypto legal on Bali?

Yes.

It's legal to buy and trade cryptocurrencies on an online exchange – Indonesia has its very own Indodax.com, formerly Bitcoin.co.id – but it's illegal in Indonesia to ask for or accept payments in anything but Indonesian rupiah, so you won't be paying for a smoothie or your hotel bill with Dot or Dash while you're here.

Can I buy Bitcoin in Bali?

Yes.

Grab your passport and cash, go down to your local Indodax Bitcoin office in Denpasar or Ubud, and sign up. That's all there is to it.

The staff will take your details and take your photograph for their records as a KYC – an anti-money-laundering Know-Your-Customer precaution – and you're good to go.


Are there alternatives to the Indodax Exchange? Can I buy Bitcoin online from home?

Yes.

Online exchanges like Kucoin and Binance make it easy to sign up and deposit funds with a credit or debit card – so you don't even need to leave your armchair.

Kucoin cryptocurrency exchange for buying and selling Bitcoin and Alt-coins

Sign up here to buy and trade Bitcoin & other cryptocurrencies at Kucoin.

If you'd like to use my referrer code when you sign up, please do.

Kucoin referrer code: bfh5Q.

Binance cryptocurrency exchange for buying and trading Bitcoin and alt-coins

If you're in Indonesia and would like to trade on Binance, download the Binance App from Google Play, register and you're ready to go.

If you're outside Indonesia or the USA, use this link to sign up at Binance.com.

Binance referrer code: 36106608.


Up, down, sideways ~ Trading Crypto, and traders to follow

The CryptoDude @Twittter

Cryptodude999 on Twitter

If you're only going to follow one trader on Twitter for the most solid and rational market-takes, make it The CryptoDude @cryptodude999.
That's it. That's the tweet.


Nika Deshimaru @Twitter

Bitcoin in Japan: Cryptocurrency trading and investing for beginners

Most newcomers see crypto as a get-rich-quick scheme. It can be. But 90% of day-traders fail.

If you don't have the time or mindset to trade (LTF) lower time frames, think weekly-to-monthly (HTF) higher time frames instead.

Your man? Japan's Nika Deshimaru @Nikadesh.

Take it easy. Buy, hold, step back, sell, repeat.


A cool, hot crypto trader ~ The Scanalyst @Twitter

TScanalyst on Twitter

Another crypto trader worth his salt is The Scanalyst @TScanalyst.
Clean charts, no larp.


A hot, red warning

Visualising the Crypto Market with Coin360

The crypto world can be cruel as well as kind. Coin360's bloody visualisation of the cryptocurrency market from January to March 2018 when Bitcoin was trading at $5,987.


But I thought criminals used Bitcoin?

The Nixon Shock, gold and the US dollar – The greatest pyramid scheme of all time

The story of the US dollar's divorce from gold under 'Tricky Dicky' Nixon in 1971, and how the US greenback became the biggest, and most-manipulated con of all time.
(Spoiler: the dollar is inflationary by design.)


Crypto tip jar

Bitcoin and crypto tip jar

If you've found any of this content useful – or made a mint after being inspired, or if you just like my writing and pics at Ubud High – then tips are always very welcome.

BitcoinBitcoin (BTC) wallet address:

3KHof9zxBdkEh5Qf1eysbjrzHgXJqoF6A5

Bitcoin wallet

EthereumEthereum (ETH) wallet address:

0x47150f16c328bc91a63c0001119d1fb61788f1cd

Ethereum wallet

LitecoinLitecoin (LTC) wallet address:

MQxWGbmDjzx6NZD55TDpTXgKNpDzQ426jv

Litecoin wallet

USDT Tether ERC-20USDT (ERC-20) wallet address:

0x039477c61c146f634123e0be1aa1c7cc78da0cea

Tether wallet

Please contact me if you've sent something, so that I can thank you.

Times are hard for families kept apart by pandemic restrictions - stay in touch with the ones you love

Urban Art © 2018 Peanut Dog.
Photograph © 2021 Ubud High.


© 2021 John Storey. ↺

Bitcoin and crypto tip jar at Ubud High

If you've found any of this content useful – or if you like my writing and pics at Ubud High – then tips are always very welcome.


The Last Pic

Portrait of the Day

Portraits from Bali by Ubud High

© 2021 Ubud High.


The Ubud Handbook by John Storey

© 2021 John Storey. All rights reserved.


The Ubud Handbook

There is no book. There is no e-book. Just what you see here. It's all imaginary. Enjoy.

The Ubud Handbook

THE UBUD HANDBOOK ~ Your free guide to living in Ubud and Bali in an online nutshell.

Food Talk

Durian ~ The King of Stink

"On the third bite," says one hater, "it was as though I'd just eaten a diseased, parasite-infested animal with a bad case of rabies. I prayed I wouldn't be sick because I really didn't want to taste it again on the way up..."


Personal Stories

Photo-realistic urban art by an anonymous street artist of a 1930s market scene in Bali, Indonesia

Diary of a Market Girl

"When I had my sixth and seventh babies at the hospital – my twin girls – the doctor ordered me to have a Caesarian. And without asking me, he tied my tubes off as well. I think he thought I'd had enough babies..."


Religion Matters

Balinese-Hindu offerings of rice, money, sweets, holy water and flower petals at Sebatu Springs, Bali, Indonesia

An American Calonarang

'To cut an all-night story short, the mask was donned by a dancer who fell into a deep trance. But instead of staying in the temple, he began to run. And run. He became violent and uncontrollable. He ran for four kilometers down the road – the crowd scrambled after him. He ended up in a cemetery just past my house, and in the dead of night began to do frenzied battle with unseen foes...'


Culture Bites

Cinema Paradiso

'Boobs and political censorship have never been far from the Silver Screen – in Indonesia, they're its bedrock. The silent flicks of Thirties' Bali sucked hungrily on the island's bare-breasted cabinet-postcard image that encouraged so many gilded tourists – and dodgy film-stars like Charlie Chaplin – to visit its sultry, forbidden shores...'

1932 Virgins of Bali Thirties' nudie-cutie bare-native film poster 1930s Bali, Indonesia.

Getting Around ~ Bali 'Biking

Motorbike accident victim being treated for a leg-injury in an Ubud clinic in Bali, Indonesia

Surviving Bali on a 'Bike

"For me, some of the most dangerous people on the road are white people. I avoid them like the plague. You can tell the ones who are going to hurt others – the fixed grins, the hunched over the handle-bars, the wobbling around corners and shouts of indignation when they finally hit someone – because they have absolutely no idea how life and the road works around here..."

The Other Side of the Coin

'She starts sweeping and I notice she's limping. There's a spreading bruise and an angry graze running past her knee and down her calf. She wants to carry on cleaning – I sit her down and ask her what happened. She's shy; I press...'

It's Silly Season Again

'She tears into the traffic. She can't stop. She narrowly misses hitting a car head-on, swerves past a mum on a 'bike and slaloms across the road. Before she hits anyone – it's a miracle she doesn't – she falls in a bad-sounding heap of bent metal and smashing plastic. A group of Balinese rush to pick her up before the cops see her...'


Tourism & Self-Enrichment

Yoginis bliss out during an outdoor HoopYogini hula-hoop yoga class at the annual Bali Spirit Festival in Ubud, Bali Indonesia

Eat, Pray, Self-Love

'My concentration's shot to pieces. The spaghetti keeps falling off my fork. She's on her third large beer now. She starts to say 'facking' even more, and is speaking so loudly that people passing on the street have begun to look her way, and she's spitting bits of ciabatta bread and tomato and fish into her friend's dinner...'

The Land of Self-Healing and Snake Oil

'Shake out those Kundalini Awakenings with some HoopYogini™ and Bhakti Boogie® at the Yoga Barn. Celebrate The Divine Feminine with a splash of Shakti Dance. Puff up your lungs in a Sacred Breathwork Immersion Workshop®, insert a Jade Egg for luck at The Womb Temple™ and polish it off with some tantalising Manifesting And Abundance.

You know you're worth it...'

From Ubud With Love

I'm staying at a cute, family-run bed-and-breakfast – a homestay – on Ubud's trendy Jalan Goutama. A young member of the homestay's family tours her compound, blessing it with incense and rice and flower-petal offerings in little hand-made palm-leaf boxes.

All is well in Bali's cultural capital...'

A Dutchman Goes to a Gypsy Fortune-Teller

'A Dutch boy in Holland goes to a gypsy fortune-teller who tells him that he is, in fact, Balinese. His uncle then visits the Island of the Gods and brings him back a wooden carving of a bare-breasted lady.

Lucky for him it wasn't one of those funny-shaped wooden bottle-openers that looks like a cock...'


Holidays from the Jungle

The Heads of Trunyan

'Agricultural, and unpractised in the dark art of handling international tourists, the aristocratic farmer-people of Trunyan have acquired a damaging reputation for aggression. Their unique tourist draw – a jungle-cemetery where bodies are left in the open to disintegrate underneath a magical banyan tree – is regularly shunned by travellers on the time-sensitive tourist circuit...'

A Line in the Sand

'Ten meters away and the young man finally looks up – an inane, animal-like grin taped across his face as his girlfriend grips his porcelain butt and grimaces towards the empty blue sky. They disengage like street dogs, utter an invective in Russian, and stare...'


Crypto tip jar

Bitcoin and crypto tip jar at Ubud High

If you've found any of this content useful – or if you like my writing and pics at Ubud High – then tips are always very welcome.


Contact

Times are hard for families kept apart by pandemic restrictions - stay in touch with the ones you love

And finally, the weather

Fake styrofoam clouds over the main 'Cloud' stage at the 'Plastic-Free Gili Air Music Festival' near Lombok, Indonesia

Today's weather forecast for Ubud, Bali, Indonesia

Check here for your 7-day weather forecast for Ubud and Bali.


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