bitcoin prices continue to fluctuate every day, no one knows the price of bitcoin, hopefully this news really has a positive impact on the price movement of bitcoin,
This is the main thing that the future is unseen and nobody is sure about the big growth in the coming days. People are upset and they are turning towards other currencies. Bitcoin price is unchanged for long time and this is disappointed for investors because they want feedback of their investment, but if they are losing their money why would they stay here? 
Topic: BITCOIN towards 24000 USD!!! (Read 573 times)
It may but how long? Many people believe the bitcoin price goes well beyond $50k but there is no convincing reason. I enjoy optimistic expectations but we shouldn't dream too far.
No convincing reason? Perhaps not in the very short term, but Bitcoin's long term potential goes way beyond anything you can realistically think of right now. It fills me with joy seeing how LN adoption is picking up where more and more merchants are accepting LN payments through their supporting payment gateways. Coingate recently announced that they right now allow thousands of merchants to accept LN payments, which is a very big deal.
Bitcoin's utility value comes from those who use it as store of value and money. LN takes care of the latter aspect.
bitcoin prices continue to fluctuate every day, no one knows the price of bitcoin, hopefully this news really has a positive impact on the price movement of bitcoin,
Yes, in the crypto world do not get bored))Every day is good then bad news.Your news is neither good nor bad. It's not clear how the market behaves and the price is not the fact that there will be 24000$
I'm not that shocked from the news but that 24k price is insanely high, I've seen 30-50% price of bitcoin on Indian exchanges in past.
Like Zebpay, for example, yesterday the price was around 8.6k USD/BTC.
Iran has recently announced that they will begin to treat cryptocurrency mining as an industry. This comes after increased pressure on the country enforced by changing economic sanctions imposed by the United States. Amidst this bullish news, the price of Bitcoin BTC was reportedly around $24000 [converted] on some Iranian exchanges.
Good days are coming.
Good days are coming.
I believe that it can actually reach $50k dollars since there are a lot of people this year that has been legalized to invest on cryptocurrency market.
It may but how long? Many people believe the bitcoin price goes well beyond $50k but there is no convincing reason. I enjoy optimistic expectations but we shouldn't dream too far.
Iran has recently announced that they will begin to treat cryptocurrency mining as an industry. This comes after increased pressure on the country enforced by changing economic sanctions imposed by the United States. Amidst this bullish news, the price of Bitcoin BTC was reportedly around $24000 [converted] on some Iranian exchanges.
Good days are coming.
Good days are coming indeed and for what it is worth, at least we can get to see people realizing that a decentralized market is actually a safe haven to storing their funds which would even preach the news to the whole world. At first, it all started with Zimbabwe, even though their government is trying to prove a hard one, and now we have Iran embracing it and seeing it as a way to relax their economic situation. Good thing for them! Good days are coming.
I believe bitcoin will become more than 20k dollars but for this now we need to pump first the value of the bitcoin because if we cannot take a first move we cannot see value of the bitcoin like 24k dollars. First target is 10k dollars upto 15k dollars this month and nedt tearget is 20k dollars plus for the month of october and this is possible to happen if many people buy more bitcoin again and stop panic.
Iran has recently announced that they will begin to treat cryptocurrency mining as an industry. This comes after increased pressure on the country enforced by changing economic sanctions imposed by the United States. Amidst this bullish news, the price of Bitcoin BTC was reportedly around $24000 [converted] on some Iranian exchanges.
Good days are coming.
Good days are coming.
All this tells us is that the official USD exchange rate is meaningless. People do not have access to dollars due to the sanctions and hence are ready to pay a huge premium for a convertible currency like Bitcoin. Such ridiculous values were seen in Zimbabwe too, when there was a huge foreign exchange crisis there.
Iran has recently announced that they will begin to treat cryptocurrency mining as an industry. This comes after increased pressure on the country enforced by changing economic sanctions imposed by the United States. Amidst this bullish news, the price of Bitcoin BTC was reportedly around $24000 [converted] on some Iranian exchanges.
Good days are coming.
Good days are coming.
I believe that it can actually reach $50k dollars since there are a lot of people this year that has been legalized to invest on cryptocurrency market.
Iran has recently announced that they will begin to treat cryptocurrency mining as an industry. This comes after increased pressure on the country enforced by changing economic sanctions imposed by the United States. Amidst this bullish news, the price of Bitcoin BTC was reportedly around $24000 [converted] on some Iranian exchanges.
Good days are coming.
Despite the fact that anything can happen in crypto currency market, the market value of Bitcoin reaching $24,000 might be difficult this year because of the set back Bitcoin has experience in recent time of the year. Good days are coming.
Iran has recently announced that they will begin to treat cryptocurrency mining as an industry. This comes after increased pressure on the country enforced by changing economic sanctions imposed by the United States. Amidst this bullish news, the price of Bitcoin BTC was reportedly around $24000 [converted] on some Iranian exchanges.
Good days are coming.
Then thank Donald Trump for pushing Iran to its brink and making bitcoin grow in that country. Iranians, just like any other country who's in a deep economic turmoils looks for crypto to be their hedge. So don't be surprised if the price of BTC spike a bit as compare to the global price of BTC.Good days are coming.
I dont really think this will affect positively, I think this wont even affect bitcoin price. Iran is not a big country with a good economy, they are being blocked by the united states and other countries. I hope Im making a mistake here but I dont see how this will make the market grow more, this are just my thoughts and I hope im wrong.
Let's take for example, Zimbabwe, If my memory serves me right, bitcoin is also at a premium price in their local exchange. But it didn't spark or affected the global market. So it means that we can take this Iranian news to push the price as well. this is good news because today bitcoin has declined again. everyone wants to get good news but I hope this isn't hoax news, maybe you can provide a real source
Well i don't think you should take anything like this too seriously because they're all based on people's speculation. I mean, yeah we're probably headed to that point but there won't be any shortcut and it may even take a while before we even get to half that figure.
This is certainly positive news but I do not think it will affect the growth of bitcoin as a whole ! But the news is really very positive )
This is actually high positive news from Iran and we hope this is going to affect bitcoin price positively in days to come. I have see a lot of positive news this year but there do not affect the market much.Thats a good news we all believe should make the price of Bitcoin increase but it wont happen because no one understands where the market is heading again unlike before when the good news make real effect on the price of Bitcoin.
That is truth. It seen another force is affecting the market this days than news. The whales are playing smart on us and we need to understand what their are doing to be able to make money from the next bullish trend. $24,000 in bitcoin price in Iran may stimulate the market in future.
I dont really think this will affect positively, I think this wont even affect bitcoin price. Iran is not a big country with a good economy, they are being blocked by the united states and other countries. I hope Im making a mistake here but I dont see how this will make the market grow more, this are just my thoughts and I hope im wrong.
this is good news because today bitcoin has declined again. everyone wants to get good news but I hope this isn't hoax news, maybe you can provide a real source
Iran has recently announced that they will begin to treat cryptocurrency mining as an industry. This comes after increased pressure on the country enforced by changing economic sanctions imposed by the United States. Amidst this bullish news, the price of Bitcoin BTC was reportedly around $24000 [converted] on some Iranian exchanges.
Good days are coming.
Before we enjoy the beautiful days we are now suffering from the hell of the crypto market. Everything went down by 20-30% in two days and ETH was the hardest hit, with no pretty future in the short term. Maybe we need to wait 2 years for the market to go up like 2017 Good days are coming.
Iran has recently announced that they will begin to treat cryptocurrency mining as an industry. This comes after increased pressure on the country enforced by changing economic sanctions imposed by the United States. Amidst this bullish news, the price of Bitcoin BTC was reportedly around $24000 [converted] on some Iranian exchanges.
Good days are coming.
Already Iran has been suffering due to US sanctions and much earlier before two years,it was discussing to adopt bitcoin to bypass US sanctions.But it didn't happen at that time.But now it has realised that allowing bitcoin would be the only way to save its economy. Good days are coming.
as a rule of thumb whenever you read a news like this you should always check it on your own. for instance they are reporting bitcoin price at $24000 in Iranian exchange. I ask where are these exchanges, why haven't we ever heard of them before? where is the price report? I read the article on bitcoin.com, it seems to be pure nonsense and the site they are introducing is nothing but a shady one that is not used. in fact 99% of the traders in Iran are happening either p2p and off the market or on legit exchanges.
It's from a discrepancy between official USD exchange rates and unofficial exchange rates. Like Venezuela, Iran is basically saying their money is worth more than in actually is. The black market rates represent the "real" value of their money, which is why their Bitcoin price seems so inflated. If you check the Localbitcoin rates against the unofficial market USD rates, it's going to amount to ~$6k, which should be around normal price.
The mining announcement is great, because the more distributed and decentralized mining is, the stronger the network is. It's not going to have any immediate wide-reaching impact though, especially with regards to triggering a bull run. Good news for those who support the technology, meh for speculators.
There is no way that bitcoin could trade at 24,000 in one country and 6-7 thousand globally. At these price points arbitrage would become inevitable. Every loophole would be exploited until it went down to reasonable levels.
Then you don't know how supply and demand works.
The number of available coins in Iran is so madly low, that people are pretty much forced to pay any amount if they want to buy themselves into Bitcoin. Admittedly, the difference in price is high, but I'm not really shocked about it either. Desperation forces you to do things you otherwise wouldn't do, especially when you take into consideration that the Iranian currency has significantly dropped in value this year.
It's near impossible for people here to exploit the difference in price, but no doubt that Iranian market makers will do everything to exploit the difference in price.
Makes you wonder how though, right? Is it safe in Iran for Westener’s? Makes you think about contacting people online & just going over there with paper wallets doesn’t it
I don’t like the idea of having my head cut off with a knife on some sketchy live recording by terrorists though tbh.
There is no way that bitcoin could trade at 24,000 in one country and 6-7 thousand globally. At these price points arbitrage would become inevitable. Every loophole would be exploited until it went down to reasonable levels.
Then you don't know how supply and demand works.
The number of available coins in Iran is so madly low, that people are pretty much forced to pay any amount if they want to buy themselves into Bitcoin. Admittedly, the difference in price is high, but I'm not really shocked about it either. Desperation forces you to do things you otherwise wouldn't do, especially when you take into consideration that the Iranian currency has significantly dropped in value this year.
It's near impossible for people here to exploit the difference in price, but no doubt that Iranian market makers will do everything to exploit the difference in price.
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