088: Bitcoin Selling For $24,000 In Iran! | Why BTC Could Hit $50K In 2020

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English - January 04, 2020 15:34 - 12 minutes - 5.89 MB - ★★★★ - 537 ratings
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Will the Bitcoin price ‘Moon’ if there is a war with Iran?

Iran-based sellers on peer-to-peer trading platform LocalBitcoins are currently asking for around 1 billion Iranian rials or over $24,000 per Bitcoin (BTC), based on the official exchange rate from the country’s central bank. Founder of crypto analytics outlet Messari, Ryan Selkis wrote: “Bitcoin is trading at nearly $24,000 in the USD equivalent of Iranian Rials on LocalBitcoins today. It's unlikely those purchases are paying for the Iranian military's response. Instead, it might be innocent (and desperate) Iranians looking for a way out of the coming chaos.”