RE: Bitcoin Prices are Soaring On Zimbabwean Exchange, Recently hit $7200 per Coin.

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Bitcoin Prices are Soaring On Zimbabwean Exchange, Recently hit $7200 per Coin.

in bitcoin •  7 years ago 

The cause for this unusual trading is attached to their economic problem. Zimbabwe economy facing hyperinflation and economic insecurity. still one of the major cause of bitcoin surge is economic turmoil ..political instability.

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But this is literally the biggest indicator for success. Can you imagine a time where there are no geopolitical uncertainties and political instabilities?

Yes, you can see that when Bitcoin seems to catch even more of a bid at times when there is geopolitical uncertainty.