Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by infofront (1)
Depends on which country you are based, sure is that in a while just in Venezuela they will be able to mine with no loss if we go ahead like this
Venezuelans think bitcoin is in a bull market.
Actually, for Venezuelans, bitcoin really is still in bull market. Their currency has declined faster than bitcoin if last 6 months of "bearish" trend of bitcoin are considered.
See this:
*looks pretty bullish, this is BTC to VEF*
lol yeh, as if it matters
It is one of the fundamental things that matters the most. Bitcoin is not going to displace the worlds reserve currency, or even make a dent in it before it has taken out low hanging fruit like the Bolivar.
Venezuela is one of the places hyperbitcoinization happens first.
You'll see.