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Topic: after Jp morgan Now valdmir putin attaking crypto market - page 3. (Read 2321 times)

full member
Activity: 266
Merit: 101
Bitcoin is fairly easy to monitor for government entities and they are actively doing it.

True, but it can be used in the way that's completely untraceable and it's actually not that hard to do so, especially if you have the opportunity to utilize some of the anonymous methods of converting fiat to crypto and vice versa (such as anonymous ATMs).
full member
Activity: 602
Merit: 100
Putin might be afraid of the risk but I don't think he means that he'll ban btc. They might be planning something to somehow to regulate it or something like that.
full member
Activity: 672
Merit: 127
To be fair. He's just stating that cryptos bring some risks with them. That's not an attack, it's the objective truth. A lot of people have lost access to their private keys, have gotten hacked, fell victim to phishing attacks, fell victim to marketing scams, fell victim to outright scams, or just simply traded like a gambler plays roulette.
Money laundering and tax evasion of global scales could also easily result in massive chaos if it just happens with absolutely no oversight.

But whatever his true intentions are, this is just a sign that we are on the verge of mainstream adoption.

Yes that's correct most likely some of them did not even read the article just check the headline and assume that Putin is attacking cryptocurrency. Putin concerns are legitimate. As a state most likely they want to avoid money laundering and tax evasion. We know that cyrpto currency are being used by the black market for their own gain.
Most people on this forum seem to just read the headline and then post random stuff based on that alone. Sometimes it feels like I'm in a forum full of bots.

But yes, you are exactly right. A sensible government would want to avoid tax evasion and laundering.
Eventually they will have to protect the stupid and greedy people from themselves too, because they will start complaining about "scams" instead of being careful in a risky environment. It's like jumping down a cliff and then complaining about it... people are really weird.

Best editors ever. Sniping the tittle just to caught attention in the web. Again, FUD will again resurface but people don't believe to this manipulation anymore because bitcoin rises again strong. But I think the news are just warning to be careful because of the risk involving cryptocurrency.
hero member
Activity: 658
Merit: 500
I don't understand why people think this is negative thing, there is no one that is new to crypto that won't be first skeptical about it, what he needs is more education but we keep saying is going to make the bankers jobless, but I have a feeling most of the money that enter the space this year are from this people, some of them are seeing the big picture and are warming their heart to it
full member
Activity: 407
Merit: 100
DIA | Data infrastructure for DeFi
Bitcoin is actually poses risks in the eyes of governments and bankers, but we would keep using it and we would keep on investing in it because we trust this system more than the current financial systems and governments regulate systems we have now. Putin attacked on bitcoin has even create great demand for bitcoin as bitcoin is currently above  $5600. We should expect more attack in days to come as they will like to create FUD in other to bring bitcoin's demands to stand still and from there reduce it values.
I’m absolutely convinced with your point of view. I think that Governments are just trying to control Cryptocurrency. But They will never achieve their aim. I always believe in BTC and Ethereum.  Cool
sr. member
Activity: 924
Merit: 260
Bitcoin is actually poses risks in the eyes of governments and bankers, but we would keep using it and we would keep on investing in it because we trust this system more than the current financial systems and governments regulate systems we have now. Putin attacked on bitcoin has even create great demand for bitcoin as bitcoin is currently above  $5600. We should expect more attack in days to come as they will like to create FUD in other to bring bitcoin's demands to stand still and from there reduce it values.
sr. member
Activity: 518
Merit: 278
I think this issue has been clarified as Putin is not attacking the crypto in the sense of its financial capability, but he is talking only about the possible risks that it may impose in matters where people can use it to launder money, evade taxes and finance terrorism. However, he also said, if I remember it correctly, the benefits and advantages of such new technologies and even went to say not to "create unnecessary barriers" to it.

Read this article here: https://news.bitcoin.com/putin-central-bank-unnecessary-barriers-cryptocurrencies/
full member
Activity: 364
Merit: 107
It was sure that these high-rated people would go nuts about Bitcoins once it starts to rise and it's happening now.
Putin is a Government-guy and Governments are scared of Bitcoins because Bitcoin poses a "tunnel" to let us make our finance anonymous and they are gazing the right time to fill this tunnel. But all I could see there in Russia is, Putin didn't decide to stop cryptocurrencies but ordered the banks as well as their regulators to start regulating Bitcoins as soon as possible. I don't think they plan to ban Bitcoins or ^attack^ crypto market in any way.
Bitcoin is easily traceable and does not make your finances anonymous at all. Especially not for the average person who doesn't understand cryptography.

Putin thinks that bitcoin is still full of loopholes and dangerous for use by people who do not quite understand, Until now he does not forbid the use and remain neutral. Bitcoin is easy to track but we can create multiple accounts and unlisted, that's what they're worried about because the state can not monitor and manage it.
Bitcoin is fairly easy to monitor for government entities and they are actively doing it.

Yes Bitcoin is very traceable and was used by the black market before because the FBI did not know it before or basically do not care about crypto currency. Right now as far as I know Monero is the coin that are being used in the black market since it is basically invisble , no trace at all.

Scams in crypto currency is getting bigger and bigger since they noticed the potential on  how to earn money with it. This is one of the reason why i'm in favor of regulating ICO's. To filter out the new coins and maybe also regulate some loopholes in Crypto. I know not all is in favor in regulation because we love the freedom and I do to but not every one is educated enough to avoid scams.
jr. member
Activity: 223
Merit: 1
putin actually loves crypto so it is fake news!

this is what I was always led to believe too, that putin loves crypto.  like others said, probably them spewing this crap "news" out, in hopes to drive the market down, so they can jump in and buy low. 
hero member
Activity: 1358
Merit: 834
It was sure that these high-rated people would go nuts about Bitcoins once it starts to rise and it's happening now.
Putin is a Government-guy and Governments are scared of Bitcoins because Bitcoin poses a "tunnel" to let us make our finance anonymous and they are gazing the right time to fill this tunnel. But all I could see there in Russia is, Putin didn't decide to stop cryptocurrencies but ordered the banks as well as their regulators to start regulating Bitcoins as soon as possible. I don't think they plan to ban Bitcoins or ^attack^ crypto market in any way.
Bitcoin is easily traceable and does not make your finances anonymous at all. Especially not for the average person who doesn't understand cryptography.

Putin thinks that bitcoin is still full of loopholes and dangerous for use by people who do not quite understand, Until now he does not forbid the use and remain neutral. Bitcoin is easy to track but we can create multiple accounts and unlisted, that's what they're worried about because the state can not monitor and manage it.
Bitcoin is fairly easy to monitor for government entities and they are actively doing it.
sr. member
Activity: 2338
Merit: 273
DGbet.fun - Crypto Sportsbook
It was sure that these high-rated people would go nuts about Bitcoins once it starts to rise and it's happening now.
Putin is a Government-guy and Governments are scared of Bitcoins because Bitcoin poses a "tunnel" to let us make our finance anonymous and they are gazing the right time to fill this tunnel. But all I could see there in Russia is, Putin didn't decide to stop cryptocurrencies but ordered the banks as well as their regulators to start regulating Bitcoins as soon as possible. I don't think they plan to ban Bitcoins or ^attack^ crypto market in any way.
Bitcoin is easily traceable and does not make your finances anonymous at all. Especially not for the average person who doesn't understand cryptography.

Putin thinks that bitcoin is still full of loopholes and dangerous for use by people who do not quite understand, Until now he does not forbid the use and remain neutral. Bitcoin is easy to track but we can create multiple accounts and unlisted, that's what they're worried about because the state can not monitor and manage it.
hero member
Activity: 1358
Merit: 834
It was sure that these high-rated people would go nuts about Bitcoins once it starts to rise and it's happening now.
Putin is a Government-guy and Governments are scared of Bitcoins because Bitcoin poses a "tunnel" to let us make our finance anonymous and they are gazing the right time to fill this tunnel. But all I could see there in Russia is, Putin didn't decide to stop cryptocurrencies but ordered the banks as well as their regulators to start regulating Bitcoins as soon as possible. I don't think they plan to ban Bitcoins or ^attack^ crypto market in any way.
Bitcoin is easily traceable and does not make your finances anonymous at all. Especially not for the average person who doesn't understand cryptography.
legendary
Activity: 2618
Merit: 1105
It was sure that these high-rated people would go nuts about Bitcoins once it starts to rise and it's happening now.
Putin is a Government-guy and Governments are scared of Bitcoins because Bitcoin poses a "tunnel" to let us make our finance anonymous and they are gazing the right time to fill this tunnel. But all I could see there in Russia is, Putin didn't decide to stop cryptocurrencies but ordered the banks as well as their regulators to start regulating Bitcoins as soon as possible. I don't think they plan to ban Bitcoins or ^attack^ crypto market in any way.
hero member
Activity: 1358
Merit: 834
To be fair. He's just stating that cryptos bring some risks with them. That's not an attack, it's the objective truth. A lot of people have lost access to their private keys, have gotten hacked, fell victim to phishing attacks, fell victim to marketing scams, fell victim to outright scams, or just simply traded like a gambler plays roulette.
Money laundering and tax evasion of global scales could also easily result in massive chaos if it just happens with absolutely no oversight.

But whatever his true intentions are, this is just a sign that we are on the verge of mainstream adoption.

Yes that's correct most likely some of them did not even read the article just check the headline and assume that Putin is attacking cryptocurrency. Putin concerns are legitimate. As a state most likely they want to avoid money laundering and tax evasion. We know that cyrpto currency are being used by the black market for their own gain.
Most people on this forum seem to just read the headline and then post random stuff based on that alone. Sometimes it feels like I'm in a forum full of bots.

But yes, you are exactly right. A sensible government would want to avoid tax evasion and laundering.
Eventually they will have to protect the stupid and greedy people from themselves too, because they will start complaining about "scams" instead of being careful in a risky environment. It's like jumping down a cliff and then complaining about it... people are really weird.
full member
Activity: 364
Merit: 107
To be fair. He's just stating that cryptos bring some risks with them. That's not an attack, it's the objective truth. A lot of people have lost access to their private keys, have gotten hacked, fell victim to phishing attacks, fell victim to marketing scams, fell victim to outright scams, or just simply traded like a gambler plays roulette.
Money laundering and tax evasion of global scales could also easily result in massive chaos if it just happens with absolutely no oversight.

But whatever his true intentions are, this is just a sign that we are on the verge of mainstream adoption.

Yes that's correct most likely some of them did not even read the article just check the headline and assume that Putin is attacking cryptocurrency. Putin concerns are legitimate. As a state most likely they want to avoid money laundering and tax evasion. We know that cyrpto currency are being used by the black market for their own gain.
jr. member
Activity: 156
Merit: 1
Smells like some FUD if you ask me...  Just ignore when applies...  hehe
hero member
Activity: 1050
Merit: 529
Vladimir Putin: Cryptocurrency Poses 'Serious Risks'

let's see who huts the most putin or jp morgan....

https://www.coindesk.com/vladimir-putin-cryptocurrency-poses-serious-risks/
Unlike JP Morgan's CEO he is not calling BTC as fraud but that it poses risk for fraud and money laundering, which is true. TBH his concerns are understandable, I just hope Russia doesn't take a rash decision and ban BTC trade or something.
full member
Activity: 252
Merit: 100
this time bicoin will fall to 2000 usd or crash

I would love that, many others do. It would be the chance to accumulate.

But seems that this is not the case. None of the ban news got serious effect any longer, kind of market maturing.
hero member
Activity: 1358
Merit: 834
this time bicoin will fall to 2000 usd or crash

lmao every post i've seen by you you talking bout btc crashing
Paid BCH shill?
sr. member
Activity: 406
Merit: 251
this time bicoin will fall to 2000 usd or crash

lmao every post i've seen by you you talking bout btc crashing
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