Bitcoin worth $1200 in Angola? Great Andreas Antonopoulos video- BTC volatility is relative. Monero correction

in #bitcoin8 years ago

Andreas Antonopoulos put out an inspirational video the other day. I like how he points out how in most countries Bitcoin volatility is not as annoying as it is in the USA. Most people in the world long for that kind of so-called volatility when keeping their local fiat currency in mind. I hope none of you bought Monero over $10. It is around $8 now and I am sticking with my .01BTC correction level. Remember it is a SPECULATION, not an investment. It looks like the deteriorating financial situation in Angola is causing one person to value 1 Bitcoin at $1200, but there are few or no people in Angola with Bitcoin.

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