Russia banning BTC? - page 8. | Bitcointalksearch.org

dmamigo

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Quote from: bucksman5233 on October 10, 2017, 10:43:13 AM

In the past I've heard some good news about Russia that they will regulate crypto soon and they are also inviting Bitcoin miners. Another news said by some Russian (I don't know his name exactly) "It is illogical to ban Bitcoin and cryptocurrencies".
I'm now wondering why would they ban? Or they plan to regulate it? Can't trust this news.

Russia are just blocking the web based exchanges of Bitcoin, I believe they are not banning it completely. Even I think they might be regulating it and bring out systematic and tracked exchange.
Recently there is news that China will or might resume cryptocurrency trading by licensing exchanges and implementing (KYC) Know Your Customer and (AML) Anti-Money Laundering systems.

So I hope Russia will be starting to regulate the exchanges, trying to curb corruption and illegitimate activities.

asus09

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Quote from: Anthony1985 on October 10, 2017, 04:16:30 AM

Just saw this article

https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/

interesting.
Lately, so many rumors are rumored to bitcoin, I can not really believe the news, because I have not found the official attitude of the Russian government.

komaba

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komaba

japanese is very happy !
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robbietobby

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I don't think that this will be happen. Since Russia is a free country, people who is living in that state chooses whatever they want. I think they are no CHINA, because they are different. Go bitcoins, this cryptocurrency might control PResidents power even. Cheesy

bucksman5233

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In the past I've heard some good news about Russia that they will regulate crypto soon and they are also inviting Bitcoin miners. Another news said by some Russian (I don't know his name exactly) "It is illogical to ban Bitcoin and cryptocurrencies".
I'm now wondering why would they ban? Or they plan to regulate it? Can't trust this news.

jackhdt

sr. member

Activity: 476

Merit: 256

I do not believe Russia will ban Bitcoin. I know Russia banned bitcoin exchange not ban bitcoin (According to the article) .So like China, the Russian Government wants to manage bitcoin. According to me whether that happens is also not worrying. Let's look at the ban in China bitcoin prices not dump.

kyori

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Quote from: Anthony1985 on October 10, 2017, 04:16:30 AM

Just saw this article

https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/

Well if it is true we can not do anything with it we will just have to wait for the market price to reach $4000 again, well it is a little bit good because bitcoin will be going down again and it is the right time to buy more then wait for the rise up lol.

Kprawn

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Quote from: joshki on October 10, 2017, 04:54:47 AM

Quote from: dreamer81 on October 10, 2017, 04:47:20 AM

It doesn't matter if russia bans it, but it wouldn't surprise me. Russia is a communism just like china, so it makes great sense that they want to control their people. It wont matter really, because bitcoin is designed to be unstoppable. It would take all putins wealth to stop it, and I doubt he would use that much money on it. He'd rather buy 10000 more rockets.

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.

He is a big supporter of Vitalik and Ethereum, if you look at media reporting : https://www.coindesk.com/vladimir-putin-vitalik-buterin-discuss-ethereum-opportunities-recent-forum/

The Russians are cunning enough to ban one Crypto currency in favour of another and I will never put this past Putin. You

can also not believe anything that are being reported there, because it change from day to day, depending on what mood

they are in. Roll Eyes

Gunawan82

sr. member

Activity: 336

Merit: 253

will be big news at the end of the year,
China forbids cryptocurrency and makes good news that makes bitcoin down,
whether this will be repeated in russia, all remains a big question mark as bitcoin prices are now rising,
hopefully this is just a news nonsense that makes everyone panicky..

ekateriinae

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Try as hard as you can!

They not banned bitcoin but they banned ICOs.. Should reads more articles about this stuff out. But it still remaining unknown.They are banning or not.

DrYe5

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Quote from: Prodigan786 on October 10, 2017, 09:57:12 AM

Let them ban they will be the loosers even china tried to do the same nothing changed temporary fall happened again its raised now russia for some time it will the goo opportunity to investor for buying bitcoin for the low price and holding it .I think its not ban they are regularizing crypto currency.

I recently read about it, but unfortunately I'm not sure it's a reliable source of information. Is there anyone who knows 100%, is this some information? Why did this happen?

Prodigan786

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Activity: 434

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Let them ban they will be the loosers even china tried to do the same nothing changed temporary fall happened again its raised now russia for some time it will the goo opportunity to investor for buying bitcoin for the low price and holding it .I think its not ban they are regularizing crypto currency.

splat44

sr. member

Activity: 384

Merit: 250

i think this is FUD NEWS. they want to manipulate bitcoin they want to buy more because end of this month the price of bitcoin will stay at 5,000usd or higher maybe 6,000 or 7,000. Russia is legalizing bitcoin and cryptocurrencies and there's a lot of ICO in their country. so this news is FUD

savioroshan

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China, Nepal already banned bitcoins. Now Russia is going to join the list of bitcoin banned countries. This is not a good news for cryptocommunity if its real. If Russia ban bitcoins, it will definitely affect the price of all digital coins or may lead to a crash in price of bitcoins. Also it will affect the upcoming ICO's . I really hope this news is fake.

AntonDrobot

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Its all politics!

viktorbesov

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I know you.

I saw news today, there was writed that Bitcoins destiny will be decided till New Year. I think that Russia will not go step by step after China but there is big risk that Cryptocurrencies will be banned.
All that WE can do is only watch...No one can influence on that decision..
Hope I`m wrong and all will Be OK.

doedz

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I'm not worried, and today Bitcoin has proven it. Anyone can not stop bitcoin. anyone will regret not knowing Bitcoin.

Odora

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I think the Russian government has legalized Bitcoin in his country, is this a game of investors, so they can drop the bitcoin price and then buy it for sale later on ??

Zackgeno96

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Quote from: Anthony1985 on October 10, 2017, 04:23:44 AM

As soon as we reach $ 5000 there is a ban somewhere!

Well said mate. If the price keep increasing steadily, then bitcoins can easily reach at 5K milestone and it will attract the attention of government authorities to check if there is any wrong things and they might impose strict restriction and ban on the bitcoins.

Ayiranorea

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Quote from: CryptoWorld87 on October 10, 2017, 09:08:52 AM

Quote from: Anthony1985 on October 10, 2017, 04:16:30 AM

Just saw this article

https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/

Realy? As far as i know that russia is also a very huge fan of bitcoin so i dont realy billieve in this article maybe the main reason for this article is to dumo bitcoin and promote eth

That might be the real reason behind this article. All that I read from another article is the banning of bitcoin within the country by Russia longback and later with the help of an financial research team analysed the need of the blockchain technology and now this has got implemented into their financial administration.

Topic: Russia banning BTC? - page 8. (Read 2970 times)