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Topic: Russia central bank bans Bitcoin - page 3. (Read 14380 times)

legendary
Activity: 938
Merit: 1013
January 27, 2014, 02:11:34 PM
#49
Yes, this is why all homosexuals IMMEDIATELY stopped having buttsecks when Mr. Putin's government began warning about the dangers of homosexuality.

There is absolutely NO buttsecks in Russia right now, just like there is no bitcoins.
Oh. Again gays. Gays are not prohibited to fuck each other in ass here. But prohibited to spread this lifestyle. And of course,  no gay marriage. We have different culture here.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
January 27, 2014, 02:07:56 PM
#48
In Russia any warnings from government are permanently treated as law. Nobody wants to play games with mr. Putin here.

Yes, this is why all homosexuals IMMEDIATELY stopped having buttsecks when Mr. Putin's government began warning about the dangers of homosexuality.

There is absolutely NO buttsecks in Russia right now, just like there is no bitcoins.

He is very good TA analyzer but boy he looks such a twat when he is in FUD spreading mode.

His "There is no fucking entry point in years" from early December  is probably most retarded sentence ever wrote on this forum.
sr. member
Activity: 448
Merit: 250
January 27, 2014, 02:05:32 PM
#47
In Russia any warnings from government are permanently treated as law. Nobody wants to play games with mr. Putin here.

Yes, this is why all homosexuals IMMEDIATELY stopped having buttsecks when Mr. Putin's government began warning about the dangers of homosexuality.

There is absolutely NO buttsecks in Russia right now, just like there is no bitcoins.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
January 27, 2014, 01:58:34 PM
#46
In Russia any warnings from government are permanently treated as law. Nobody wants to play games with mr. Putin here.

Well, "there's no fucking entry point in years" anyway, as you explicitly said around first China news in early December, so why would you care? Tongue

Maybe because you wouldn't give lot of fuck about Putin if it could be bought cheaper?  Grin
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
January 27, 2014, 01:55:41 PM
#45
Bitcoin is a homosexual conspiracy. The blockchain turns Russian children into gay lords overnight. A ban was always going to happen.

wow, such a vodka Wink
legendary
Activity: 938
Merit: 1013
January 27, 2014, 01:54:05 PM
#44
In Russia any warnings from government are permanently treated as law. Nobody wants to play games with mr. Putin here.

For example, on government conference, Putin was dissatisfied with Mechel company suspected in some strange financial activity. He asked to bring him Mechel CEO right now for explanations. CEO said he feel not good and can't arrive right now. Then Putin said, all right,  we will send him a DOCTOR.

Mechel rates dropped 50% instantly ))

http://www.forbes.ru/kompanii/tyazhelaya-promyshlennost/247346-doktor-ne-prishel-pochemu-obvalilsya-mechel
hero member
Activity: 531
Merit: 501
January 27, 2014, 01:48:25 PM
#43
Bitcoin is a homosexual conspiracy. The blockchain turns Russian children into gay lords overnight. A ban was always going to happen.
hero member
Activity: 868
Merit: 1000
January 27, 2014, 01:05:59 PM
#42
Additionally, the article mentions concerns that Bitcoin is anonymous. Someone needs to educate the general public that Bitcoin is in effect less anonymous than fiat.

Exactly.
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
January 27, 2014, 12:58:42 PM
#41
Additionally, the article mentions concerns that Bitcoin is anonymous. Someone needs to educate the general public that Bitcoin is in effect less anonymous than fiat. You never know where that bank note was before it ended up in your hands, yet most Bitcoin transactions can be traced back and, with sufficient data analysis, grouped to be attributed to persons or organisations. Governments should love them... or not?

Governments would hate their own spending to be tracked.

+1
sr. member
Activity: 406
Merit: 250
January 27, 2014, 12:54:48 PM
#40
Additionally, the article mentions concerns that Bitcoin is anonymous. Someone needs to educate the general public that Bitcoin is in effect less anonymous than fiat. You never know where that bank note was before it ended up in your hands, yet most Bitcoin transactions can be traced back and, with sufficient data analysis, grouped to be attributed to persons or organisations. Governments should love them... or not?

Governments would hate their own spending to be tracked.
legendary
Activity: 1176
Merit: 1010
Borsche
January 27, 2014, 12:52:39 PM
#39
it is a validation of bitcoin as a means of value transfer that the governments are afraid of, i.e. bullish.

Yes, I would say so. It is impossible to move gold out of Russia. Moving anything else out is a lot of hassle, and requires extensive paperwork. Ruble is dropping - looks like the Olympics and preparations for protests drained the finances significantly. There are some rumors they are looking to ban foreign currency accounts, and further restrict the usage of centralized virtual currencies. They are putting further restrictions on internet trade. Under these almost Argentina-like conditions, it makes sense to convert at least some savings to Bitcoin, and explore the options for a second passport. Bullish.

Yep, with the global financial ponzi crashing (where virtual debt trumps real existing assets by 6 zeroes) I think most countries would be eventually locking people's finances into bank accounts, to be confiscated or prorated. But first, they need to make sure everyone's cash is safely locked and no way to hide personal wealth exists.
hero member
Activity: 546
Merit: 500
hm
January 27, 2014, 12:45:33 PM
#38
All these banana republics like Russia and China are ruining all the fun.

Bitcoin should have staid mainly a Western thing.

Russia and China copy, they not invent.
full member
Activity: 181
Merit: 100
January 27, 2014, 12:43:42 PM
#37
it is a validation of bitcoin as a means of value transfer that the governments are afraid of, i.e. bullish.

Yes, I would say so. It is impossible to move gold out of Russia. Moving anything else out is a lot of hassle, and requires extensive paperwork. Ruble is dropping - looks like the Olympics and preparations for protests drained the finances significantly. There are some rumors they are looking to ban foreign currency accounts, and further restrict the usage of centralized virtual currencies. They are putting further restrictions on internet trade. Under these almost Argentina-like conditions, it makes sense to convert at least some savings to Bitcoin, and explore the options for a second passport. Bullish.
legendary
Activity: 1680
Merit: 1014
January 27, 2014, 12:33:57 PM
#36
Is BTC-e registered in Russia or elsewhere?

elsewhere

Metabank.ru tho was registered in Russia and got closed today.

Not permanently (yet), but until they clear up the situation. Better safe than sorry.

Additionally, the article mentions concerns that Bitcoin is anonymous. Someone needs to educate the general public that Bitcoin is in effect less anonymous than fiat. You never know where that bank note was before it ended up in your hands, yet most Bitcoin transactions can be traced back and, with sufficient data analysis, grouped to be attributed to persons or organisations. Governments should love them... or not?
hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
January 27, 2014, 12:33:22 PM
#35
Good, thanks. I knew BTC-e's bank was somewhere else but not sure where they were regged (Cyprus is always popular with Russians for example)

legendary
Activity: 1176
Merit: 1010
Borsche
January 27, 2014, 12:33:04 PM
#34
There are no big or medium bitcoin businesses in Russia. Move along, this does not mean anything. I agree that it is a validation of bitcoin as a means of value transfer that the governments are afraid of, i.e. bullish.
hero member
Activity: 812
Merit: 1000
January 27, 2014, 12:28:28 PM
#33
Is BTC-e registered in Russia or elsewhere?

elsewhere

Metabank.ru tho was registered in Russia and got closed today.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
January 27, 2014, 12:27:34 PM
#32
Is BTC-e registered in Russia or elsewhere?

Bulgaria.
hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
January 27, 2014, 12:26:08 PM
#31
Is BTC-e registered in Russia or elsewhere?
legendary
Activity: 2772
Merit: 1028
Duelbits.com
January 27, 2014, 12:22:48 PM
#30
But anyway, these "bans" are overrated as long as people are able to send money online and they'll always be able to do it. Yeah, it doesn't help if some countries would make buying Bitcoins harder but all in all, it's overrated. I clearly couldn't give a flying one what my Government would say about Bitcoin as long as there is one country where it isn't a problemand I can buy and sell them there.
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