Bitcoin 24K in Iran Due to US sanctions!

in bitcoin •  6 years ago  (edited)

Wow, I wish this would happen in the west ... 


 Iranians desperately buy cryptocurrencies fearing US sanctions and economic instability. Demand for bitcoin rises many fold as the first cryptocurrency shows less volatility than the national currency of the Islamic Republic...


http://www.coinfox.info/news/10322-iran-wintesses-sharp-bitcoin-price-surpasses-24-000-amid-economic-instability

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6 years ago by

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      ·  6 years ago 

    @h20ho, I gave you a vote!
    If you follow me, I will also follow you in return!
    Enjoy some !popcorn courtesy of @nextgencrypto!

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        ·  6 years ago 

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          ·  6 years ago 

        i dont think they can buy much from the market.

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            ·  6 years ago 

          imminent US sanctions is going to have a major toll on their fiat currency so they want as much BTC as they can get paying 3x for it before their fiat loses 10x its value

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