Topic: Bitcoin market opens to 1.6 billion muslims as cryptocurrency declared halal - page 2. (Read 250 times)
April 14, 2018, 06:55:42 PM
With this good news, many people will interested in BTC especially muslim country like Saudi Arabia, Dubai, etc. Of Course it will affect Bitcoin price because many of them are doubt whether the bitcoin is halal or not. And after they read this, many of muslim investor will ivest their money.
April 14, 2018, 06:34:38 PM
"An Islamic scholar has declared bitcoin permissible under Sharia Law, potentially opening up the cryptocurrency market to investment from 1.6 billion Muslims around the world.
The publication of the study into whether bitcoin is halal or haram preceded unprecedented price gains for bitcoin, which saw it’s value surge by more than $1,000 in less than an hour.
This has led some analysts to speculate that news of bitcoin’s Sharia law compliance may have contributed to the price spike."
https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-islamic-law-muslims-cryptocurrency-market-permissible-sharia-news-price-surge-a8302761.html
Very interesting headline
Personally I don't think cause equals correlation here but I still thought it was really interesting. I wonder if this will get more muslims involved in crypto. Though I don't think most of them care whether or not crypto was halal.
Thoughts?
The publication of the study into whether bitcoin is halal or haram preceded unprecedented price gains for bitcoin, which saw it’s value surge by more than $1,000 in less than an hour.
This has led some analysts to speculate that news of bitcoin’s Sharia law compliance may have contributed to the price spike."
https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-islamic-law-muslims-cryptocurrency-market-permissible-sharia-news-price-surge-a8302761.html
Very interesting headline
Personally I don't think cause equals correlation here but I still thought it was really interesting. I wonder if this will get more muslims involved in crypto. Though I don't think most of them care whether or not crypto was halal.Thoughts?
Maybe this will only affect those country with alot of muslim because here in my country there arr alot of muslim invested at crypto even though this news is not yet announced But still this may affect the price of crypto forgood.
April 14, 2018, 06:34:10 PM
This might be the reason of a sudden pump in the market yesterday,more muslims will come to invest into our community as it i was declared as it is.This is a positive news that should be shared to the community so that most of the people will know about cryptocurrencies.I do believed cryptocurrencies especially bitcoin will be the future of the currencies that exists decades ago!
April 14, 2018, 06:32:53 PM
Let's give it to our muslim brothers they are capable and they are an essential part of this community, the recent price can be attributed to this news and hopefully now that it is declared halal our muslims brothers will start adopting bitcoin and other cryptocurrency.
April 14, 2018, 06:27:06 PM
We Muslims must calculate halal and haram of what we do because it affects our Hereafter.
Alhamdulillah this has been declared as halal after controversial in a long time.
Actually, if people learn more deeply the definition of bitcoin there are some halal and haram. For example, join a bounty where the company is a gambling company or a sex company that is forbidden. But not if the company is health or network.
Alhamdulillah this has been declared as halal after controversial in a long time.
Actually, if people learn more deeply the definition of bitcoin there are some halal and haram. For example, join a bounty where the company is a gambling company or a sex company that is forbidden. But not if the company is health or network.
April 14, 2018, 09:54:07 AM
Still, a significant part of Muslims, I think, did not deal with crypto-currency, fearing that this activity was banned for them. Muslims are fanatics of their religion. The official permission will unequivocally increase the number of fans of crypto currency from the number of Muslims. This is good information for all who are engaged in crypto currency and expects the growth of the crypto-currency market.
April 14, 2018, 08:11:53 AM
If Muslims are more involved in cryptocurrency it certainly becomes a nice development and will many people know altcoin or bitcoin..
There are many conventional banks implementing sharia system and this may be applicable to cryptocurrency...
But which institution issued a halal or like contained on the food and drink...
There are many conventional banks implementing sharia system and this may be applicable to cryptocurrency...
But which institution issued a halal or like contained on the food and drink...
April 14, 2018, 07:35:23 AM
"An Islamic scholar has declared bitcoin permissible under Sharia Law, potentially opening up the cryptocurrency market to investment from 1.6 billion Muslims around the world.
The publication of the study into whether bitcoin is halal or haram preceded unprecedented price gains for bitcoin, which saw it’s value surge by more than $1,000 in less than an hour.
This has led some analysts to speculate that news of bitcoin’s Sharia law compliance may have contributed to the price spike."
https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-islamic-law-muslims-cryptocurrency-market-permissible-sharia-news-price-surge-a8302761.html
Very interesting headline Personally I don't think cause equals correlation here but I still thought it was really interesting. I wonder if this will get more muslims involved in crypto. Though I don't think most of them care whether or not crypto was halal.
Thoughts?
The publication of the study into whether bitcoin is halal or haram preceded unprecedented price gains for bitcoin, which saw it’s value surge by more than $1,000 in less than an hour.
This has led some analysts to speculate that news of bitcoin’s Sharia law compliance may have contributed to the price spike."
https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-islamic-law-muslims-cryptocurrency-market-permissible-sharia-news-price-surge-a8302761.html
Very interesting headline
Personally I don't think cause equals correlation here but I still thought it was really interesting. I wonder if this will get more muslims involved in crypto. Though I don't think most of them care whether or not crypto was halal.Thoughts?
even before this my muslim friend already investing in crypto so i doubt they even think of it as haram
D105
April 14, 2018, 07:33:40 AM
I really don't think most muslims cared whether or not it was halal in the first place
But still, as long as it gets more people involved in crypto i guess
But still, as long as it gets more people involved in crypto i guess
April 14, 2018, 07:29:51 AM
"An Islamic scholar has declared bitcoin permissible under Sharia Law, potentially opening up the cryptocurrency market to investment from 1.6 billion Muslims around the world.
The publication of the study into whether bitcoin is halal or haram preceded unprecedented price gains for bitcoin, which saw it’s value surge by more than $1,000 in less than an hour.
This has led some analysts to speculate that news of bitcoin’s Sharia law compliance may have contributed to the price spike."
https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-islamic-law-muslims-cryptocurrency-market-permissible-sharia-news-price-surge-a8302761.html
Very interesting headline Personally I don't think cause equals correlation here but I still thought it was really interesting. I wonder if this will get more muslims involved in crypto. Though I don't think most of them care whether or not crypto was halal.
Thoughts?
The publication of the study into whether bitcoin is halal or haram preceded unprecedented price gains for bitcoin, which saw it’s value surge by more than $1,000 in less than an hour.
This has led some analysts to speculate that news of bitcoin’s Sharia law compliance may have contributed to the price spike."
https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-islamic-law-muslims-cryptocurrency-market-permissible-sharia-news-price-surge-a8302761.html
Very interesting headline
Personally I don't think cause equals correlation here but I still thought it was really interesting. I wonder if this will get more muslims involved in crypto. Though I don't think most of them care whether or not crypto was halal.Thoughts?
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