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Author Topic: Regards to Argentinian crisis - why isn't Btc skyrocketing?  (Read 5164 times)
kaysersoze (OP)
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January 24, 2014, 01:07:40 PM
 #1

Why haven't latest development in Argentina reflected btc price.. I don't get it specially when the community seem to be big there ?!

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TERA
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January 24, 2014, 01:34:41 PM
 #2

The numbers and the supply/demand speaks for itself. Why don't you go and ask the Argentenians why they aren't buying massive amounts of btc - not us - we don't know.
T.Stuart
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January 24, 2014, 01:36:55 PM
 #3

The Argentine Bitcoin community is in its infancy. The community is not big... yet.

I have no doubt they will be enthusiastic Bitcoiners, but there is still some basic infrastructure to get in place.

My guess is that they will become a force to be reckoned with around the middle of this year.

                                                                               
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gentlemand
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January 24, 2014, 01:38:29 PM
 #4

If you were in Argentina and had some bitcoin you'd have to be pretty insane or desperate to sell it to anyone else there for the foreseeable future.

It'll also be very hard to get money to an exchange outside of the country. You'd probably need people abroad to help out.

empoweoqwj
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January 24, 2014, 02:09:34 PM
 #5

I doubt the majority of the Argentinian people have any practical way to purchase bitcoins. Though it would be interesting to see some stats, whether bitcoin is trending in that country, or number of wallets being downloaded.
Apolo29
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January 24, 2014, 02:11:15 PM
 #6

You can´t take money out of Argentina, that´s why the can´t buy bitcoins basically.

The goverment is totally corrupt and inneficient and has no ideas, so the need to restrict practically all international transfers to keep the las dollars that central bank has
kaysersoze (OP)
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January 24, 2014, 02:13:31 PM
 #7

I doubt the majority of the Argentinian people have any practical way to purchase bitcoins. Though it would be interesting to see some stats, whether bitcoin is trending in that country, or number of wallets being downloaded.

you are probably right.. I assume a lot of people are working on projects solving this as we speak....

zimmah
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January 24, 2014, 02:21:02 PM
 #8

I have been thinking about ways to sell bitcoins to Argentinians but i don't want to be stuck with useless toilet paper. And it seems nearly impossible to get rid of these pesos.

If Argentinians have even half a brain they'd buy bitcoin like their life depended on it, and they probably want to, but can't.

cointron
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January 24, 2014, 02:35:54 PM
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I have my tricks Smiley but most people here in Argentina has no idea about anything. 
empoweoqwj
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January 24, 2014, 03:00:24 PM
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I have my tricks Smiley but most people here in Argentina has no idea about anything. 

That's a lovely view of your fellow country men and women  Cool
cr1776
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January 24, 2014, 03:09:48 PM
 #11

Why haven't latest development in Argentina reflected btc price.. I don't get it specially when the community seem to be big there ?!

With the currency controls it makes it impossible to get money on the exchanges.  If they offered services to people outside of Argentina (writing, coding, design (logo for example)) and were getting paid in bitcoin, they'd have a good shot at protecting themselves.  The problem is that the vast majority of people everywhere are in those businesses so it makes it difficult.  Perhaps they could sell wine to people overseas or some other product too, but again that is limited.  It sucks.

The time to protect yourself is before the currency controls begin because after they begin it is likely too late. 

:-)

cointron
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January 24, 2014, 03:33:25 PM
 #12


I have my tricks Smiley but most people here in Argentina has no idea about anything. 

That's a lovely view of your fellow country men and women  Cool

Pls Add Bananas/BTC  Grin
flagel8
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January 24, 2014, 03:52:54 PM
 #13

If I were there, I'd probably be mining Dogecoin. And maybe exchanging it for BTC. Or not...
GigaCoin
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January 24, 2014, 04:01:56 PM
 #14

Argentenians are v submissive to their government which is why they continue to allow what is happening to them right now. Secondly Argentenian purchasing power is weak.

cointron
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January 24, 2014, 04:15:07 PM
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If I were there, I'd probably be mining Dogecoin. And maybe exchanging it for BTC. Or not...
Could be, did you try Nutcoin ?  www.nutcoin.com
kaysersoze (OP)
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January 24, 2014, 04:42:40 PM
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I have my tricks Smiley but most people here in Argentina has no idea about anything. 

why won't you help your countrymen

BreathOfZen
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January 24, 2014, 04:51:26 PM
 #17

I made this thread for exactly this problem: how can we as a community actually get btc into Argentina?
https://bitcointalk.org/index.php?topic=427605.0

Seriously, this is the situation that Bitcoin was created for, so if you have any ideas, let them fly!

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cointron
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January 24, 2014, 05:20:32 PM
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I have my tricks Smiley but most people here in Argentina has no idea about anything. 

why won't you help your countrymen

They can not be helped anymore.-
cointron
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January 24, 2014, 05:23:34 PM
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I made this thread for exactly this problem: how can we as a community actually get btc into Argentina?
https://bitcointalk.org/index.php?topic=427605.0

Seriously, this is the situation that Bitcoin was created for, so if you have any ideas, let them fly!

How can i help you ?
zimmah
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January 24, 2014, 05:27:21 PM
 #20


I have my tricks Smiley but most people here in Argentina has no idea about anything. 

why won't you help your countrymen

it would actually be benificial for him to help and share his knowledge, what good is bitcoin when you're pretty much the only one in the country who has them?
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