Quote from: Vaskiy on November 05, 2017, 03:17:28 PM

Quote from: Krissmak on November 05, 2017, 03:12:00 PM

Bitcoin soars past $12,000 in Zimbabwe - Its unbelievable!

http://www.tokenschedule.com/news/zimbabwean-bitcoin-price/

I don't know whether this news is true or not. It has got largest chance to have such a price difference, because in the past similar thing happened in India when the fiat that's under usage got demonetized. But during those days such an increased difference wasn't felt.

This can be true because the recent news Zimbabwe reach nearly $10000 https://www.thefuturescentre.org/signals-of-change/201507/bitcoin-replacing-cash-zimbabwe-due-lack-cash-country . Due to Zimbabwe lack of cash. Citizens there force to switch to Bitcoin to pay their bills. And that cause massive adoption of Bitcoin there. That's why the price of Bitcoin there was skyrocketed nearly almost $10,000 a piece. Higher than normal price. 2009 when they start to adopt USD as their fiat currency. But they are now lack of it. That is why Bitcoin in Zimbabwe is now replacing cash there. The country is facing a crisis and they think only bitcoin can solve the problem.