That's a great money making opportunity. Whoever set up that exchange will call it the best decision in life 
What this event shows us is what could happen if more countries went into a state of financial crisis. People would turn to currencies that aren't managed by the government and Bitcoin's prices would go to the moon.
What this event shows us is what could happen if more countries went into a state of financial crisis. People would turn to currencies that aren't managed by the government and Bitcoin's prices would go to the moon.
People look at it as being a great opportunity, but it's not that great at all due to the ultra low liquidity over there. That being said, I am quite sure that the exchange operators there are slowly but surely selling their stash already, so it won't take long before these severe premiums will come down significantly. Other than that, these premiums show that the demand is increasing even in countries that aren't in the spot lights like some Asian and other African countries are. If people here have enough patience to keep holding their coins, they too will have the opportunity to sell at +$7000 levels, but then through Western exchanges.
