Bitcoin Price Hits All-Time Highs in These Countries, Thanks to Crippling Fiat Currencies

2019-5-20 16:13

By CCN: If you thought bitcoin’s recovery to $8,000 was impressive, take a look at these charts below. While most traders are focused on bitcoin’s price in dollars, the recent surge has propelled bitcoin to all-time highs in Argentina and Sudan’s local currencies.

Even if you bought the top of 2017’s bitcoin bubble in Argentine pesos, you’d be in profit right now. As for the Sudanese pound, if you bought the crypto top, you’d have doubled your money today.   As fiat currencies in developing nations succumb to rapid inflation and capital controls, bitcoin is proving itself as a powerful store

The post Bitcoin Price Hits All-Time Highs in These Countries, Thanks to Crippling Fiat Currencies appeared first on CCN

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bitcoin currencies price highs fiat these all-time

Источник: ccn.com

bitcoin currencies → Результатов: 126


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2018-12-4 10:34


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Report: Bitcoin Fails to Capitalize on Pressing World Economic Issues – Odds Don’t Look So Favorable in the Future

Business Wire reported on Oct. 9 that Juniper Research, a UK-based research firm, released a report stating that Bitcoin’s price not only has plummeted since the beginning of the year but also has failed to take advantage of ongoing US–China trade wars, weak fiat currencies, and Brexit uncertainty.

2018-10-11 19:39


Litecoin Will Fly If It Makes The Most Of Social Media

The pursuit for cryptocurrency adoption seems to focus on three major cryptocurrencies, Bitcoin, Bitcoin Cash and Litecoin. Indeed, this isn’t to disregard the likes of XRP and Stellar, both of which also provide a solid use in mainstream society, however in terms of worldwide societal adoption, Bitcoin, Bitcoin Cash and Litecoin tend to be the go-to currencies.

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