There was talk on the internet last spring about a few rich Islamic countries converting their hoards of gold and the US dollar into hoards of bitcoin. In June of 2024 Saudi Arabia did not renew contracts from 1974 that created the 'petrodollar system'. This required Saudi Arabia to sell its oil exclusively in US dollars.

I think their first move just started when the Dubai stock market opened 40 minutes ago. One voice said that when they do convert, that they wanted to make a 'God Candle' on the candle charts so everyone would know, and remember, who bought the coin. A very nice tribute to Allah.

Edit: Another small up spike when Tadawul and Europe opened an hour later. 37 min into opening, it really climbed for about 10 minutes and then the profit taking dipped it again. Once all the profit takers foolishly sell coin then it should climb again. Most don't realize that if they sell coin for profit at $119,200 they may never be able to buy it back at that price, ever!

There was talk on the internet last spring about a few rich Islamic countries converting theretheir hoards of gold and the US dollar into hoards of bitcoin. In June of 2024 Saudi Arabia did not renew contracts created infrom 1974 that created the 'petrodollar system'. This required Saudi Arabia to sell its oil exclusively in US dollars.

I think their first move just started when the Dubai stock market opened 40 minutes ago. One voice said that when they do convert, that they wanted to make a 'God Candle' on the candle charts so everyone would know, and remember, who bought the coin. A very nice tribute to Allah.

There was talk on the internet last spring about a few rich Islamic countries converting there hoards of gold and the US dollar into hoards of bitcoin. In June of 2024 Saudi Arabia didn'tdid not renew contracts created in 1974 that created the 'petrodollar system'. This required Saudi Arabia to sell its oil exclusively in US dollars.

I think their first move just started when the Dubai stock market opened 40 minutes ago. One voice said that when they do convert, that they wanted to make a 'God Candle' on the candle charts so everyone would know, and remember, who bought the coin. A very nice tribute to Allah.

There was talk on the internet last spring about a few rich Islamic countries converting there hoards of gold and the US dollar into hoards of bitcoin. In June of 2024 Saudi Arabia didn't not renew contracts created in 1974 that created the 'petrodollar system'. This required Saudi Arabia to sell its oil exclusively in US dollars.

I think their first move just started when the Dubai stock market opened 40 minutes ago. One voice said that when they do convert, that they wanted to make a 'God Candle' on the candle charts so everyone would know, and remember, who bought the coin. A very nice tribute to Allah.