Bitcoin Forum

https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-islamic-law-muslims-cryptocurrency-market-permissible-sharia-news-price-surge-a8302761.html

BITCOIN MARKET OPENS TO 1.6 BILLION MUSLIMS AS CRYPTOCURRENCY DECLARED HALAL UNDER ISLAMIC LAW.

could this be why we have a 1000$ jump in one day ????

Thats good news, but I am not sure if it is the reason of the recent increasing of BTC price lastly. It is good news because it will help to grow up the Bitcoin's community even more, and it will bring so many new comers and investors to crypto currency world, as a result. This people will also encourage their families and relatives to start investing in crypto currencies.

I'm a Muslim and this is such a good news for Bitcoin. Expect the price will jump more because the community might grow and more and more investors will come.

Is that for all Muslim countries? I've always thought that those rules were very different across different countries and subcultures.
Perhaps someone who is Muslim could enlighten me about this?

In any case this is really great news, I'm sure there are many strict followers that could finally start buying cryptocurrency.

This is in fact very good news for the cryptocurrency community, it will grow larger, and be very more widely accepted. Muslims take seriously laws that apply to Islam, so I am quite certain extensive research was done to cover the possibility of this. I think its a win-win situation for all peoples involved, it offers more opportunities for investments in different mediums.

as a Muslim I am very happy to hear it my belief to continue in the bitcoin world is getting stronger if there is already clarity if it is halal bitcoin

There is nothing wrong with bitcoin, so why it can't be Halal.

I'm also not sure this will directly boost the bitcoin price to soar. but it will be very likely that Muslim investors will join more crypto currencies that will indirectly boost the price of bitcoin

Muslims more 1000000000 pipul. Now most of them are potential investors in BTC

now there will be some guys offering halal certificates for banks so they can take labour from muslims those certification authorities will demand at least 1.000.000 USD equivalent value.

i think i will ask those people weather they can give me such a halal certificate for my cryptotoken

you guys want my report?

regards

but main motivation of muslims behind cryptocurrency approval is the end of western military dominance over the middle east which is based on those national currencies around

That a great news to hear now that its declared halal or muslim brothers can fully decide to invest in the crypto currency like in the stocks I hope soon everybody can be free to decide and eliminate such barriers like this to fully understand and use the technology of blockchain to make our world a lot better in such advancement to come not only in bitcoins.

I'm not a brother, but I have spent a lot of time in the middle east and have always thought of bitcoin as halal. Many of bankings traditional roles are clearly haram for Muslims. Things like lending are forbidden by anyone who claims to follow biblical law. Not that many Christians or Muslims follow those rules.

I see very good news, but if it does affect a lot about bitcoin, it seems I still have doubts.
but at least there is an impact of inevitable sentiments.

Good to hear, now Dubai, buy!

Much of the BTC price increase should be linked to fighting in Libya, which would boost the price of gold and storage products.

I have nothing against the Muslims, but in my country the Muslims are the dominants of the food industry and because of their religion we can not eat many things because they do not sell. well with that I want to say that it is good to hear that the Muslim can use/buy bitcoins, because they are a big community


We need this community to grow a lot, although I still have one foot behind, since some Muslims are also accused of terrorism, I hope they do not involve bitcoin in this cruel practice that is terrorist

This is definitely the start of the next bull run. There are millions of wealthy Muslims just waiting for the right time to join in and now even those in strict Islamic countries can invest and move forward in the new crypto world. Buy now before it's too late!

if this is so then its great news , this should result in the influx of millions of new buyers into the market and as such it could possibly be responsible for the increase demand and hence prices of bitcoins. This is yet another instance of bitcoins gaining the respect and love of people because of the many benefits it provides and the general improvement to the human specie.

Its good news as they will be more demand of bitcoin in few months time when most of them started fully in crypto and when some company start opening an exchange site...