Muslim investors are involved in today Bitcoin Pump
Hello guys Today is super green day for crypto lovers.
some facts i am going to describe as we know in recent article i was suggested to bitcoin correction around 5000$. every technical expert was saying that Bitcoin will crash hard but today we got a news in telegram group that Muslims scholars has declare bitcoin legal and Halal product.
Recent year according to shraiyat Muhammad Some scholar declare bitcoin is not Legal .
So about 1 billion muslim population avoid to buy bitcoin. Big countries investors from Saudi arabia ,Kuwait , iraq , Iran Bitcoin was not Allowed due to Islamic suspects.
After some investigations Muslims found some truths.
1 After investigations join team of Muslim scholars decided that Bitcoin is not an illegal product.
2 Bitcoin buying selling is not gambling
3 Bitcoin price moves according to demand and supply
4 Bitcoin works totally independent there is no power involve who can fix it
5 There is no fix profit in bitcoin
6 Bitcoin has profit and loss both factors like any business
So after debate on all facts Muslim Scholars has decided to declare bitcoin is Halal.
So from the long time Muslim community on social media have seen debating and gossips about the old decesion taken by Muslims ulmas.
Now it is a fact When Muslim Traders will involve their own money in bitcoin Huge market cap will be added to bitcoin capital.
Bitcoin (BTC) rate at the time of post
$7,679.22 USD (11.02%)
1.00000000 BTC (0.00%)
Market Cap
$130,342,948,860 USD
16,973,462 BTC
So i want to let you know that Steem along with bitcoin move alot today.price of Steem coin just pump about 50% change last 24 Hour. So this show a concern of people about Steem so i prefer to Hold Steem for long time .We can hope in Future 1 Steem will be equal to 20$ at least but it may take some months or years.
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Thank you for this great news. I really appreciate this information. Having such a large base of people come in as investors will certainly make the prices go up. Do you have any idea of where we can expect prices to go in the nest month? I know you will only be guessing but I am just wondering your thoughts. Thanks.
A bigger market for crypto is always good.
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