IT'S FUCKING HAPPENING ALL TIME HIGH OF BTC HAS BEEN BROKEN ON ARGENTINA
btc is being traded at 20k usd now , is there any lebanon user or any other place with capital controls?
Last time the price disconnected this much from the international price we went from 6k to 9k in a week.
This time it's 9.7k internationally and 20k here in Argentina.
>inb4 larp
No it's not we have just surpassed the ath.
Other urls found in this thread:
localbitcoins.com
bloomberg.com
localbitcoins.com
twitter.com
What lol
hey alright
its 100% larp up until you provide links/pics
>Argentina
Imagine giving a fuck about a shithole country
You can sell btc here for 17k usd , buying cost is now above 20k and rising fast.
>here in Argentina
Why haven't you left yet?
Link or shut the fuck up
Check localbitcoins we broke the ath and it's still rising.
BTC price is rising fast in places with capital controls due to the absurd demand growth.
This is insane we just broke the ath price , usually when the prices in shitholes with capital controls grows too much compared to the international price it signals a scarcity of btc in the market.
When the price is too equal it signals the international price is overinflated.
This time it's signaling a massive scarcity since we just broke the 19k ath of december 2017.
that's not true. in no way in lebanon it is 20k, capital control does not fucking inflate the price of a shitcoin, why would it? can someone explain to my retarted ass?
14517.51 cheapest. 10.2k in the US.
>tfw ive missed the BTC train so many times I dont feel anything anymore
Nit gonna make it
conchatumare
>news
argentina,lebanon,iran, venezuela
all the dictatorships where the govt is trying to control bitcoin officially by blocking all the exchanges
BTC is always sold there at premiums
lucky argentinians
ignore paypal price since capital controls does not allow that , those are international sellers, check the bank wire buying cost.
Or the cash at local cryptos.
Because with capital controls you can't buy stuff outside your country with bank wires or credit cards.
Bitcoin becomes the only payment method to buy shit online or capital flight.
So since people can't buy at international exchanges they depend on the local supply , also the demand is not speculative since people buy btc to buy stuff not to speculate.
So it gives a pretty good street price of crypto relative to international exchanges prices whose prices are kind of manipulated short term.
This is insane we broke the ath already , it was 12k 48 hours ago.
Cheapest with paypal . you can't buy with paypal since those are international sellers and there are capital controls.
This one is the cheapest
localbitcoins.com
18.6k usd and all exchanges are above that already.
So when is btc going up internationally?
>Buy 1 btc at international exchanges at 9.7k
>Sell it here in Argentina at 18k
oh wait there are no flights to take back the money and due to capital controls you can't send it with banking services.
Damn, even ETH being sold at 2x prices.
gg Argentina
Usually it happens a week or two before the price disconnects in places with capital controls.
For example when btc was 4k a month ago it was 9k here and then eventually the international price recovered.
Now it's 20k here and 9.7k internationally so you get the idea.
I noticed the international price collapses when the local price here becomes equal(since it probably signals a surpluss of coins in circulation).
So in 2018 we saw local prices at 5.9k and then international at 6.1k.
Then the price collapsed to 3.2k.
So you get the idea.
>lowest price on there atm is 14k
pretty nice
There is a lot of demand for crypto due to capital controls.
But it seems the supply is disappearing fast.
I mean all it really means is that the argentinian peso is plummeting
Isn't there supposed to be runny diarrhea in that image? where's the runny diarrhea >:(
pretty based market indicator.
u have a fetish orsmth?
Yes it also signals that but even so it's going up in dollars too.
Buy 1 btc with pesos one month ago and you doubled in dollars now.
There must be a serious lack of btc in circulation right now maybe the local supply comes from local miners.
No idea but this is why it would be interesting to see what's happening in other places with capital controls.
Dude, can you find me a decent appartment not far from the coast to buy for 5 btc? I'll come there
>Sell your bitcoin in argentina
>get stabbed/shot/murdered
yeah sounds like fun
OP is looking at Lebanese dollars. I'm going back to bed. Maybe take a nap too?
Yes you can get a good appartment in a coast for 5 BTC.
Probably in a comfy city like mar del plata or miramar or others.
>Argies
Stop coveting British clay
>maybe the local supply comes from local miners.
I too support only locally mined bitcoin, organic bitcoin is the way to go desu