Quote from: Hydrogen on October 24, 2017, 10:58:01 PM

Quote from: Hydrogen on October 23, 2017, 09:24:42 PM

Quote

According to TheNational.ae, bitcoin adoption in Zimbabwe is seemingly skyrocketing as the country’s economic situation looks bleak. So much so, that one bitcoin is trading at nearly $10,000 on the Golix.io exchange, while the global average is, at press time, of $5,642.00.

I haven't exchange traded in years. Does anyone know if its possible to arb on the golix.io exchange if indeed btc was trading there at an all time high of $10,000? The implications of btc trading as high as $10k on some exchanges could show demand is strong enough for btc to trend over $6,000. It could mean btc will reach $10k in 2018. Will be interesting to see how good/bad of an indicator this is over the long term.

On the Nigerian exchanges you can enter bitcoin, you can not withdraw. The output requires a trusted person on the spot - which is not easy to do given their reputation. In Zimbabwe, it's probably not all that simple. Be careful.

AlistairJ

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