Post
Topic
Board Bitcoin Discussion
Re: Bitcoin in Iran touch 26.000 USD
by
aizen10
on 19/09/2018, 14:50:48 UTC
I read a few articles yesterday about the price of Bitcoin that touched the price of USD 24,000 in Iran, see the following article:
Quote

even up to 26000 usd
Quote

you can see all the market price here in irani local exchange
Quote

the questions are:
why is the price of Bitcoin in Iran is more expensive than global prices?
Is it really possible for a country to determine the selling price of Bitcoin?

Its because they have KYC on their own exchange site and cannot trade or use other exchange site aside form their own. Meaning as they want to get involve in crypto mostly in bitcoin, they accept the risk and the price will sky rocket on thei own country. Hoping that this will also happen in the globe.