#Koinim : 63% increase in Bitcoin trading volume as LIRA plunges 20%

in money •  6 years ago 

lira2.png

Turkey's President has slammed the crash of the lira as a 'political plot' amid a row with the US and Donald Trump .
Recep Tayyip Erdogan said his country would instead seek 'new markets, new partnerships and new allies' after Trump announced higher tariffs on imports from Turkey, and here the story begin ; the largest Turkey's Bitcoin and cryptocurrency exchange #Koinim has reported a 63% volume increase during the past few days ,while the #BTCTurk and #Paribu exchanges recorded that trading volumes are up 35% and 100% respectively,

koinie.png
this was a direct result of national currency #lira crisis .
turkey government does not ban cryptocurrencies ,so people can buy bitcoin easily to survive from current crisis and partially limit fears .
in my opinion the Turkey , Venezuela and zimbabwe's inflation is just the beginning of a worldwide crisis caused by traditional financial system , that could send us (as a crypto investors ) to the moon of neptune when global crypto market cap goes parabolic over $20 trillion .
can't wait for this to happen .

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!