Bitcoin Price Hits $24,000 in Iran as Government Approves Crypto Minin

[bitman007]

I was reading about it as i shocked to see Bitcoin Price Hits $24,000 in Iran as Government Approves Crypto Mining Industry. 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.

For full details kindly read inside 

Original source : https://ambcrypto.com/bitcoin-btc-hits-24000-in-iran-after-government-recognizes-cryptocurrency-mining-as-an-industry/

[wry]

That is pretty exciting, I hope the Iranians can get their hands on some more BTC to help move the price back up, as this latest downdraft in BTC price has me bummed out.

Iran's situation is exactly the kind of situation a decentralized payment system is designed to help, so I wish the Iranian people good adoption!

[bitman007]

4 hours ago, wry said:

That is pretty exciting, I hope the Iranians can get their hands on some more BTC to help move the price back up, as this latest downdraft in BTC price has me bummed out.

Iran's situation is exactly the kind of situation a decentralized payment system is designed to help, so I wish the Iranian people good adoption!

Yes b8g pusy to bitcoin 

2 hours ago, BLXN said:

So, we should be finding ways to exchange winnings in Iran, or what?  

Yes dear chwck for exchanges or gf in uran to exhanges btc to iranian (**)

[kurian]

Is there any chance for arbitrage trading..?? Is it mandatory to do KYC on Iranian exchanges. If anyone could confirm that, it is very much appreciated.

[Kate]

Ok bye guys booking a flight to Iran to sell my 1 satoshi  

But anyhow this is a good news for traders tho