Post
Topic
Board Speculation (Altcoins)
Re: Bitcoin hits $24000 in Iran
by
FlamingFingers
on 06/09/2018, 10:47:58 UTC
You should be digging more information. Read the comments on this article and it will wake you up.
https://news.bitcoin.com/bitcoin-hits-24000-in-iran-after-government-okays-mining/


There is the same thread in economics section about this, and it seems to me that this is making some hype that perhaps a misleading news. It might be good if it's really can bring more investors by this though it's doubtful to think to have different price in other country.

https://bitcointalk.org/index.php?topic=5017699.msg45267088#msg45267088
I wouldn't take bitcoin news from a site that explicitly pushes its agenda against everything that is bitcoin, to begin with. The situation is, someone clearly missed up calculating bitcoin price as USD to IRR ratio was averaging at around 42,520 before the sanctions make it plummet to north of 111,000+ (around x2.61 downward, maybe even more, officially speaking, not street prices). Bitcoin price in Iran is the same as everywhere else, ranging between $6,300–$6,500 (271,000,000+ Iranian Rial before the sanctions, 813,000,000+ after!).