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Author Topic: Bitcoin Investors Eye Turkey As Lira Plummets 20%  (Read 192 times)
nazaididuan1
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August 18, 2018, 12:02:33 PM
 #21

Some political things will cause Bitcoin to rise because people think it should be a safe haven!
Because of the special nature of cryptocurrencies, such as the characteristics of decentralization, it will be regarded as a hedging tool.

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CryptoRaymond
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August 18, 2018, 12:03:53 PM
 #22

The biggest trades commonly manage many millions. I recognize that there might be an expansion in their exchanging volume and that that unquestionably proposes expanded interest for Bitcoin, yet there's no mass migration to crypto as the article may recommend.
maxilopez
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August 18, 2018, 12:36:01 PM
 #23

for us, such a fall is a common occurrence and we call it a growth correction Grin

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August 18, 2018, 05:17:42 PM
 #24

Now and again like this, there clearly is a fascination towards bitcoin. particularly by those individuals who have just been comfortable and included with bitcoin. they trust it more. yet, trade volumes alone are not a decent pointer of expanded selection.
CryptoSimmonds
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August 18, 2018, 06:02:18 PM
 #25

At this time they must be interested in Bitcoin. Because Bitcoin is the most secure and profitable. Here Bitcoin will start to become popular. Those who know Bitcoin will invest and those who do not know will be interested too. If Bitcoin prices were down now, but very soon it would rise above.
WhiteCrown57
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August 18, 2018, 06:07:18 PM
 #26

Bitcoin is obviously very popular now, and of course the people who are already involved in it are trust bitcoin more than any other currency. But the thing is only increased volume is not really good option for adoption.
Hercerays
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August 18, 2018, 06:18:45 PM
 #27

As I know bitcoin is not banned in Iran. There is no centralized exchange here. So the outlaw was exclusion banks from investing in crypto currencies and that is not partial to this country. I think many countries in the world by now have such ban.
ListingOnly561
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August 18, 2018, 06:24:15 PM
 #28

If Turkey also adopts bitcoin then it will be a step ahead for bitcoin as it is already spreading and we all are hoping BTC becomes the common currency all over the world.
OffGrid54
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August 18, 2018, 06:39:16 PM
 #29

Though increasing volume is not just good for adoption but it will be great if turkey govt. adopt bitcoin. Bitcoin is trustworthy and hope people never lose faith on bitcoin.
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August 18, 2018, 08:06:28 PM
 #30

The Bitcoin market is volatile in nature, so at any time its price fluctuates. I hope, in a short time Bitcoin will revert to its market in Iran and investors will collect the profit as per their demand.
CrazyBTC7800
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August 19, 2018, 06:43:54 AM
 #31

Bitcoin is one the greatest crypto and in iran it's not illegaland there haven't proper way to transect in a centralized way.
johnokeefe09
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August 19, 2018, 08:15:48 AM
 #32

In turkey there are not banned cryptocurrency but there recently create some restriction in somewhere.
Nitrover
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August 19, 2018, 09:16:52 AM
 #33

Actually fiat currency also fluctuates and nowadays lira has lost it value than before based on this situation you can try with different currency at this moment.
tiplols
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August 19, 2018, 09:33:46 AM
 #34

There are no way to transect on a centralized way. Hope crypto will not banned there. Crypto just not allow on banking system there.
NuttyOracle
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August 19, 2018, 09:43:47 AM
 #35

Nowadays lira has lost its previous situation based on this their price fall and that is why I will suggest invest with dollars it will be beneficial I think.
BattleHippo
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August 19, 2018, 09:56:49 AM
 #36

Based on this situation you can try with different currency like I will suggest you dollar because lira already lost its value. So better do some research.
emmybd
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August 19, 2018, 10:04:16 AM
 #37

As the local currency Lira has been sliding and would continue to do so in near future too, so more and more people are buying bitcoin and other cryptocurrencies and they would continue to rely on digital currency in near future.

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BitcoinGuruOne
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August 19, 2018, 10:19:55 AM
 #38

Isn t it the other way around, LIRA holders eye BTC not the BTC investors are going after more and more value losing Lira ? Cheesy

Anyway this is so moronic to ask your citizens to excahnge Euro and USD to Lira, just blindness and refusing to see the situation as it is.

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bitcoinminer566
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August 19, 2018, 10:23:22 AM
 #39

Inflations are a matter of concern in many countries of the world. Inflation in the cryptocurrency trading volume has surged over recent days in Turkey. This is jeopardizing the country's financial system.
bitfocus741
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August 19, 2018, 12:00:58 PM
 #40

Lira has lost a lot of its value recently,and it's a bit depressing. And the fall be there for a while. So it will be a better thing to invest in dollars at the moment.
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