Compare Investment Accounts. It saw a dramatic increase in value in , with 1 bitcoin going for less than 1, USD at the beginning of the year, and peaking at over 19, USD by mid December. But they are also a headache from the regulatory perspective because governments have a hard time tracking and recording transactions made using cryptocurrencies by citizens. LocalBitcoins did not respond to several requests for comments by CoinDesk on the reasons behind its decision to ban Iranians. Supporting 25 countries, BTC can be bought using the most convenient local payment method; including bank transfers, PayPal, TransferWise, supported fiat deposits, direct deposits and M-Pesa. Related Articles.