You are viewing a single comment's thread from:

RE: Bitcoin Is Compatible With Sharia Law..

in #crypto6 years ago

Thank you for another great post, @scandinavianlife!

Bitcoin and other virtual coins rose on Thursday, after a research paper claimed that the virtual currencies were compliant with Islamic religious law, or Sharia law.

Very suggestive, this choice of words in the introduction paragraph on investing.com. I think the surge in price is not caused by this research paper, but when casually reading this intro you might think it is.

Other virtual currencies were up, with rival Ethereum, the world’s second largest cryptocurrency by market cap, up 9.98% to $462.04 on the Bitfinex exchange. Ripple, the third largest virtual currency, increased 12.34% to $0.56111 while EOS was at $9.0653 a rise of 26.36%.

And the real conundrum they save for the last paragraph... The biggest jump is made by the only coin that isn't even a real coin yet but just an ICO. Now, I'm a big fan and hodler of the yet-to-be-born EOS, so I think it's great. But I do understand all the criticisms that say it's ridiculous that EOS now even has surpassed LTC, a coin that has already proven it's worth and already exists.

Still a great post and valuable info: thanks again!

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.030
BTC 63020.02
ETH 2458.97
USDT 1.00
SBD 2.62