Bitcoin in Zimwabwe Hits 13 000 USD!

in #bitcoin6 years ago

Due to confrontation with President Robert Mugabe, Zimbabwe’s army moved into the capital. Due to all the mess, local currency is losing value and people try to buy USD or other currencies even on premium rates.

Local exchange Golix.io noted record prices on BTC.

Most Expensive BTC


While anomaly from Africa is not listed theres also currency pairs that people try to exit even losing money.

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Have to feel for the poor people living there...

Yeah... I think the price will go up globally.

Hit the next purchase at 5500 USD.

Yup, I feel bad for the people. Must be so much uncertainty for them. Hopefully the mess gets sorted out quickly and with no violence

I could tell you that a bitcoin in Venezuela represents a millionaire sum of money, and every satoshi I have won for me is like receiving an immense fortune.

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Who's buying the BTC at this price ?
I am confused deeply.
And Why ? are they hiding the wealth in crypto ?

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this is good news for Zimwabwe in cryptocurrency.

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what do you think are the predictions for them?

do you think its possible for anyone to sell their bitcoins there to earn off the sick arbitrage?

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really dont understand why they can buy on normal exchangers...

I'm surprised it's not double that!

Zimbabweans should just start transacting with each other using cryptos and completely cut out their corrupt gov. It's about damn time!

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Omg they are serius :)

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Dear sir @kingscrown thank you for the update will it cross 10000 by December 17?
What is your opinion sir?
Thanks again.

most predictions say that

I am also with this camp let's see.
Thank you sir for reply.

the point is, don't trust prediction. Just trust that Bitcoin will always increase in value until no one knows when. And when that time comes, people already use BTC or cryptocurrencies in their daily life, and the slow & more stable growth will occur, just like gold.

@kingscrown good job in updating us on this, but is this gain as a result of the crisis?

And how long will the gain stand?

It's a tell ;-p

when India or Korea was above.. market went there. Lets see if Africa makes it ;)

Yeah man the bulls are having a hayday.
Happy thanksgiving.

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Who in there right mind is buying bitcoin at these prices! GEEZ please stop. Alcoins, if you can hear me...please HELP

Wow seriously?
I feel so sad for Zimbabwe, it is not the suitable country to have a premium BTC. They need an affordable BTC to replace the current local currency to accelerate the use of bitcoin there.

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