Kate Posted June 6, 2019 #1 Posted June 6, 2019 So we all convert our bitcoins top our country's currency as to use them sometimes they give more but sometimes they give less for the conversion. But here is an interesting fact some conversations payout almost millions in conversation and here are top 5 countries where bitcoin conversion gives huge money. 1. 1 Bitcoin in Venezuelan Bolivar = 1,941,682,811.50 VEF 2. 1 Bitcoin in Uganda Shilling = 29,460,036.34 UGX 3. 1 Bitcoin in Uzbekistan Sum = 66,707,578.49 UZS 4. 1 Bitcoin in Iranian Rial = 329,008,533.55 IRR 5. 1 Bitcoin in Vietnamese Dong = 183,394,148.16 VND What do you guys think of this ? How much is the value in your country for 1 Bitcoin ?
minamoto77 Posted June 6, 2019 #2 Posted June 6, 2019 in countries with bad econony it's not a surprise to see such exchange rates. people are trying to save money and buy bitcoin even at higher price than on the market.
nuuuitsjdragon Posted June 6, 2019 #3 Posted June 6, 2019 Their currency has so many numbers that it looks just like another Cryptocurrency. I’m still not used to using up to 8 decimal places while dealing with currency. 😂 Maybe that’s why I keep losing as I’m not able to get an estimate of how much USD I’m currently staking!
cointikka Posted June 6, 2019 #4 Posted June 6, 2019 The countries that you are referring to all fall under the bad economic zone, The drastic change in price of Bitcoin in these countries is because of US dollar. Rich from these countries are investing a lot into Bitcoin in order to safeguard their financial assets.
Moderator hanvee Posted June 6, 2019 Moderator #5 Posted June 6, 2019 9 hours ago, Kate said: So we all convert our bitcoins top our country's currency as to use them sometimes they give more but sometimes they give less for the conversion. But here is an interesting fact some conversations payout almost millions in conversation and here are top 5 countries where bitcoin conversion gives huge money. 1. 1 Bitcoin in Venezuelan Bolivar = 1,941,682,811.50 VEF 2. 1 Bitcoin in Uganda Shilling = 29,460,036.34 UGX 3. 1 Bitcoin in Uzbekistan Sum = 66,707,578.49 UZS 4. 1 Bitcoin in Iranian Rial = 329,008,533.55 IRR 5. 1 Bitcoin in Vietnamese Dong = 183,394,148.16 VND What do you guys think of this ? How much is the value in your country for 1 Bitcoin ? oh im vietnamese anyway, it pretty ez sell and buy btc , i can even buy btc and eth worth 1$ and send it out . !
rajamishra Posted June 6, 2019 #6 Posted June 6, 2019 hello friends that's true those countries are goes backward due to some political issues and the exchange rate against $ .in india its around INR-5,00,000.00
LOlzer Posted June 6, 2019 #7 Posted June 6, 2019 I think venezuala "redid" their currency on how its valued in decimals and stuff but very expensive price still as like most others already said on this thread, the economy is bad and some political issues.
Kate Posted June 7, 2019 Author #8 Posted June 7, 2019 7 hours ago, hanvee said: oh im vietnamese anyway, it pretty ez sell and buy btc , i can even buy btc and eth worth 1$ and send it out . ! Oh good to know that so if you win like 0.01 Bitcoin from stake then you are pretty rich i guess if you convert bitcoin into your currency . I guess it is pretty easy to buy and sell too.
jkd123 Posted June 7, 2019 #9 Posted June 7, 2019 Last price 1 btc in Indonesa Rupiah (IDR) = 115,699,000.00
Usukinato Posted June 7, 2019 #10 Posted June 7, 2019 18 hours ago, Kate said: 5. 1 Bitcoin in Vietnamese Dong = 183,394,148.16 VND The price of Bitcoin in Vietnam today is: VND 184,927,189 It increased by 1,000,000 after you posted this article. I believe Bitcoin will increase sharply in the future so I think I should buy more Bitcoin.
williamshennie9 Posted June 7, 2019 #11 Posted June 7, 2019 lol, I am not surprised at all about this. I mean, the stronger the country's currency is, the less of it you will have to pay to get 1 bitcoin. I mean 1 unit of my currency and get me millions in other currencies. It is just economics.
SajuCSGO Posted June 7, 2019 #12 Posted June 7, 2019 19 hours ago, Kate said: So we all convert our bitcoins top our country's currency as to use them sometimes they give more but sometimes they give less for the conversion. But here is an interesting fact some conversations payout almost millions in conversation and here are top 5 countries where bitcoin conversion gives huge money. 1. 1 Bitcoin in Venezuelan Bolivar = 1,941,682,811.50 VEF 2. 1 Bitcoin in Uganda Shilling = 29,460,036.34 UGX 3. 1 Bitcoin in Uzbekistan Sum = 66,707,578.49 UZS 4. 1 Bitcoin in Iranian Rial = 329,008,533.55 IRR 5. 1 Bitcoin in Vietnamese Dong = 183,394,148.16 VND What do you guys think of this ? How much is the value in your country for 1 Bitcoin ? Bitcoin on Spain : 7040€ Good price for now! I hope it reach again 20k$
Etude Posted June 11, 2019 #13 Posted June 11, 2019 Those are alot of zero behind those country's currency when compared to Bitcoin price!
ivaylo2000 Posted June 12, 2019 #14 Posted June 12, 2019 In my country, Bitcoin equals 18 minimum paychecks. 1Bitcoin = 14500 BGN But this is not a problem for a person who wants to buy a crypto currency. There was option to buy crypto not only BTC for 2 BGN equivalent of $1.5 . It is not so profitable to shop with such amounts at the moment because it can not only cover the BTC transaction fee.
skywallkee Posted June 12, 2019 #15 Posted June 12, 2019 These numbers aren't really a reason to be surprised or something. It is simply the value of those coins that is way lower than the usd. If you look out for 1$ to VEF for example, you'll see that it is 248487.64 VEF. Multiply that by 8000 and you'll get a BTC. Even if the number is big, the value is actually the same as in any other currency. Of course, in that country it might be a lot, but that only because of that country's economics.
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