Topic: Russia banning BTC? - page 10. (Read 2952 times)
No, BTC ban is extremely unlikely now. As far as I remember, latest ideas were to allow only regulated financial institutions to exchange bitcoin to fiat and back (and ban non-regulated exchanges) and make miners to pay taxes.
maybe here:
https://www.reuters.com/article/us-russia-cenbank-bitcoin/russian-central-bank-to-ban-websites-offering-crypto-currencies-idUSKBN1CF0RF
https://www.reuters.com/article/us-russia-cenbank-bitcoin/russian-central-bank-to-ban-websites-offering-crypto-currencies-idUSKBN1CF0RF
why choose that subject for this topic? do you see anywhere saying Russia banned or is going to ban "bitcoin"? if you saw then show me too because i didn't see it anywhere. all the article says is they may ban bitcoin exchanges and this is the follow up to what they previously said about ICOs and the warning that they gave!
why choose that subject for this topic? do you see anywhere saying Russia banned or is going to ban "bitcoin"? if you saw then show me too because i didn't see it anywhere. all the article says is they may ban bitcoin exchanges and this is the follow up to what they previously said about ICOs and the warning that they gave!
I it's just an article as long as Russia doesn't ban it truly then we don't have to worry about it. Since before china banned bitcoin they already made many articles about it and it took them years before that actually happen.
Just saw this article
https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/
https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/
Hopefuly not true, maybe there is downfall but not totaly ban btc there. That would be a huge drop on btc if that happens. Since russia is also one of the biggest contributor on bitcoin industry, and many people is investing bitcoin there.
I don't believe Russia will decide to do something like that. There were some similar intentions before but I think that Russia has changed the attitude and realised ban is not in her best interest.
So there is no reason to fear the China scenario although we have witnessed so far that even false or unconfirmed information could affect the Bitcoin price.
So there is no reason to fear the China scenario although we have witnessed so far that even false or unconfirmed information could affect the Bitcoin price.
I'm sure we'll see plenty of these "ban" news articles.
The fact is that blockchain technology can't be ignored. No country is going to want to miss the boat.
The fact is that blockchain technology can't be ignored. No country is going to want to miss the boat.
Just saw this article
https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/
https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/
It does not mean that Russia banned bitcoin. They just blocked the bitcoin exchange websites under the Russian domains. Aside they blocks the trading sites and the next part the they started mining farm with the huge investment. We don't how to take this. As anton said, Cryptos are not threat to the citizens. It is useful for the citizens actually.
maybe legit, but this cannot dump bitcoin, china's ban was stronger than this but still couldn't dump bitcoin
Just saw this article
https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/
https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/
I'm sure this won't happen. They rather fire the first deputy governor of the Central Bank of Russia for making such stupid statements.
I like this comment to the article because it reflects how some people from the Russian government want to act:
Quote
let me translate: "We think that for our citizens, for businesses the usage of such cryptocurrencies as an investment object carries unreasonably high risks" =Cryptocurrency poses as a threat to centralized Banking system which the Gov controls. The Gov has no control over cryptocurrency so we won't allow you to have it
“only qualified investors to buy and sell" = We'll only allow the rich elite to trade cryptocurrency and to get richer and richer
“only qualified investors to buy and sell" = We'll only allow the rich elite to trade cryptocurrency and to get richer and richer
But I doubt they can do it in the modern reality.
Is this just a speculation or legit? I hope it is just a speculation because it is a sad news. If it is legit, I know that it's just for a meantime and Bitcoin will recover from it very fast. Also, I know that Russia is one of the most avid supporter of Bitcoin. That's why I was surprised about this news. Nevertheless, Bitcoin there are lots of Russian people supports Bitcoin even though Russian government will ban it.
Just saw this article
https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/
Damn bankers again! If it's not China then it is America, if not America then it is Russia. Sometimes it looks like they are all spinning the same story over and over again.https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/
I think they are trying to shake market and buy some cheap bitcoins. Who knows what is behind this whole thing.
Thanks god I am living i Europe and not Russia
As soon as we reach $ 5000 there is a ban somewhere!
Strong agree, almost there! Russia will block access to websites of exchanges that offer cryptocurrencies such as Bitcoin? lol. They were putting a lots of money into bitcoin miners and bitcoin ATMs. and now they are looking to restrict of using it just because they want to protect their citizens from Bitcoins volatility? I doubt if this news is real or just another price manipulation by the author of this article.
Well if there is no such ban, sooner or later it will be clear. The website will lose reputation, and as some people said here it doesn't have a high reputation anyway. They cannot reach that many people to manipulate the market.
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I don't think Putin is interested in stopping bitcoin. He's endorsed mining operations and probably Russia will become a competitor to China in that.
Communism is really mostly dead, even in Russia and China. They still have some fascist practices certainly, but they haven't been real Communists in a long time.
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Russia can not compete with China because all we consume here is made in China. So we only able to pick up leftovers they let us to pick up. They are fascistes for sure but some of them just fear to lose control, other want to get profit from current situation
Russia will block access to websites of exchanges that offer cryptocurrencies such as Bitcoin? lol. They were putting a lots of money into bitcoin miners and bitcoin ATMs. and now they are looking to restrict of using it just because they want to protect their citizens from Bitcoins volatility? I doubt if this news is real or just another price manipulation by the author of this article.
Just saw this article
https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/
https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/
I won't see that as a ban to bitcoin. They are trying to regulate it as anyone else. I also read on cointelegraph that the Moscow stock exchange will allow it's users to trade cryptocurrenices, so the government is probably just trying to get crypto into safe environments they can control. Maybe this is their way of regulating the market, so I'm ok with it. They could just ask for licenses from crypto exchanges, but I guess they prefer this method.
Anyway if it ever gets to the Moscow stock exchange, that is right now the biggest exchange group in Russia, these are good news for digital currencies, so those "ban news" don't really bother me.
I talked with my left ball about a possible ban on Bitcoin by Russia and he told me to talk to my right ball, and now eventually I have an answer, lol.
While it doesn't mean anything for me, if it's true then Yobit is officially facked.
While it doesn't mean anything for me, if it's true then Yobit is officially facked.
As soon as we reach $ 5000 there is a ban somewhere!
Well you are probably right lol. Why there is a FUD somewhere somehow when we are attaining ATH? Well by this, this could mean that bitcoin might go down again or dump? After all the pumps of this coin it will go down again, sadly. But many traders will be happy because of this. I think alts might go up this time around. Just saw this article
https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/
https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/
This is puzzling news and it's actually surprising that something of this sort is actually happening, last I knew that Russia would embrace Bitcoins, I feel there is a manipulation attempt going on, I don't think Russia has such a big share to make any kind of big impact, so let's wait and see. According to a article I read they were inviting miners to open farm and kick start Russian economy. Posting the link, what is happening is so confusing.
https://news.bitcoin.com/russian-governor-cryptocurrency-miners-mining-farms-leningrad/
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