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Title: This is a ATH for our Russian Brothers, what other countries? Post by: spazzdla on May 30, 2016, 07:54:38 PM Kind of surprised no on mentioned it..
If you bought BTC at any point with Rubles you are now in the profit. What other nations would you be in the positive if you bought BTC at it's peak in 2013? Title: Re: This is a ATH for our Russian Brothers, what other countries? Post by: OROBTC on May 30, 2016, 08:17:37 PM ...
You raise an interesting point, that even though (until this past week) BTC prices had been stable in US$, that is not necessarily so for weaker currencies. This is another reason to add Bitcoin if you do not own any (or extremely little), it is good diversification. I would guess BTC is very strong vs. Venezuelan Bolivares too. There are a lot of bad things happening in Venezuela, so Bitcoin offers some protection. The problem would be HOW anyone in Venezuela could get (and pay for) BTC. Title: Re: This is a ATH for our Russian Brothers, what other countries? Post by: thejaytiesto on May 30, 2016, 09:20:22 PM Very interesting indeed, since the last ATH in MTgox was (as far as I know) only dollars, I think not even euro was availible to buy BTC back then?
In any case, in no time it will be ATH worlwide since we will be at 1200+ before 2017. Title: Re: This is a ATH for our Russian Brothers, what other countries? Post by: Hazir on May 30, 2016, 09:25:49 PM Very interesting indeed, since the last ATH in MTgox was (as far as I know) only dollars, I think not even euro was availible to buy BTC back then? Doubtful. That peak of 2013 was artificially created by trading bot of MtGox and current peak we are witnessing right now is most likely created by Chinese depositors buying BTC to transfer wealth outside Chinese border. Soon when they will be over they gonna dump it and we will see market decline to ~$300.In any case, in no time it will be ATH worlwide since we will be at 1200+ before 2017. Title: Re: This is a ATH for our Russian Brothers, what other countries? Post by: Evildrum on May 30, 2016, 11:15:32 PM The Canadian dollar has fallen recently allowing for a 30% gain at one point but believe it is back to around 20% difference. Have often wondered about ways to exploit currency prices to make gains in a new way.
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