Russia joins North Korea - blocks bitcoin exchanges

chennan

legendary

Activity: 1316

Merit: 1004

Quote from: White sugar on January 22, 2016, 10:25:52 PM

Such useless effort to block sites, can be bypassed easily thru vpn or proxy tho,different if they do arrest bitcoin user

Not useless, will make people be afraid that in the future they do arrest people or cut the fiat-BTC channel, so people will avoid invest in Bitcoins and the adoption will stop.

But still though, even though citizens of Russia won't be able to cash out so easily on their ISP's to bitstamp or something like that... they can still sell locally at at localbtc, as seen in the OP's pictures... Also they can easily get VPN's or maybe run through Tor to get on bitstamp. It's really not (or shouldn't be seen as) that big of a deal.

While we're on the subject, I think we all knew that North Korea has blocked bitcoin exchanges lol... hell they've, in a way, blocked "food". There are starving people in North Korea, I don't think they are too worried about exchanging some bitcoins.

xdrpx

hero member

Activity: 616

Merit: 603

According to a tweet I found on a news website it was a Russian ISP that was blocking access to BTC-E. The ISP's name is Roskomnadzor and has added BTC-E to the blacklist. I'm guessing people by now would have figured out how to bypass access and regain access to their accounts. It's a very silly move by the Russian Federation Government to deny access to exchanges online.

fuathan

hero member

Activity: 1106

Merit: 520

Aleph.im

Most of the BTC trading systems based on Russia. Bad news for newbies... Undecided

smartfriend

full member

Activity: 143

Merit: 100

may i help russian to get a money back

Bitcoin > IDR (Indonesian Rupiah) > Russian Rubbel/US Dollar

low fees ... pm me Cheesy

Amph

legendary

Activity: 3248

Merit: 1072

Quote from: ?? on ??

What next? Block Localbitcoin, any bitcoin-related website, VPN, Tor, Proxy or Bitcoin Nodes?
Guess there's no freedom for Russian & bitcoin is threat for their centralized currency.

But, what's point of block bitcoin exchanges in North Korea? There aren't too many computer & internet connection is very rare, so forget about block bitcoin, people there even don't know bitcoin.

there are decentralized exchange coming, it would be funny to see how they intend to block those

all this story about blocking and banning bitcoin was ridiculous since the beginning, even fed admitted that they cna not block bitcoin(i remember it soem years ago)

Betwrong

legendary

Activity: 3514

Merit: 2246

🌀 Cosmic Casino

Quote from: Daniel91 on January 23, 2016, 07:00:25 AM

It seems that only dictators fear bitcoin

Bitcoin is about freedom and anonymity, 2 terms they don't like much.
I'm not sure if they really can stop bitcoin in their countries.
Maybe N. Korea can because only a few people there can use computers and Internet, under strict control.

I agree. In modern day Russia, in distinction from North Korea, it's impossible to make people stop using Bitcoin. Of course they can change the legislation and things will be different but let's hope this won't happen.

NorrisK

legendary

Activity: 1946

Merit: 1007

Quote from: Amph on January 22, 2016, 02:27:56 PM

until they block all the vpn and vps provider, they are doing nothing there, if they are intelligent enough they should know this

besides youc an always trade bitcoin in other way and with plenty of other website

Very true, but for new users the use of vpn and vps providers may be just that extra step to take that they don't feel like.

For existing users, it is no problem, they are tech savvy or interested enough to find ways around it, but for new users it becomes much more difficult to enter.

ausbit

legendary

Activity: 1330

Merit: 1019

Quote from: justspare on January 22, 2016, 10:55:45 PM

I really don't know why Russia would do this. I know that Bitcoin isn't very prominent in Russia but still. Huh

I can say that whatever the reason from Russia, they blocks Bitcoins exchanges or do anything, we must say that we have to save Bitcoins for our future here. And should follow what our Seniors mentors says about it.

Daniel91

legendary

Activity: 3374

Merit: 1824

It seems that only dictators fear bitcoin

Bitcoin is about freedom and anonymity, 2 terms they don't like much.
I'm not sure if they really can stop bitcoin in their countries.
Maybe N. Korea can because only a few people there can use computers and Internet, under strict control.

Windpower

hero member

Activity: 532

Merit: 501

Quote from: pooya87 on January 23, 2016, 01:01:51 AM

Quote from: stingers on January 23, 2016, 12:19:24 AM

Quote from: Amph on January 22, 2016, 02:27:56 PM

until they block all the vpn and vps provider, they are doing nothign there, if they are intelligent enough they should know this

besides youc an always trade bitcoin in other way and with plenty of other website

How will they ban all the free VPN/ Home VPN providers? They will keep on popping up. Also, what can be done about Tor?
This ban almost absolutely means nothing for the existing people who are dealing with bitcoin. Though it may make bitcoin look less attractive to the new users.

it may be true, but nobody likes to take this additional step of using vpn or Tor to access websites regularly. it would become a pain in the ass. besides using all those things are not free of risk.

I would take that extra step. If you truly wanted to use Bitcoin, then you would do it to.

ronald98

sr. member

Activity: 314

Merit: 250

Quote from: mayax on January 22, 2016, 11:09:57 PM

Quote from: QuestionAuthority on January 22, 2016, 08:22:32 PM

FYI: BTCe moved to Cyprus a couple years ago.

If they did that, then BTC-e must have a financial license according to EU laws. I am sure they don't have it as many other exchangers.

That depends on which half of Cyprus BTCe moved to. There is the self-declared Turkish Republic of Northern Cyprus, and the other half called Southern Cyprus. Northern Cyprus is not recognized by the EU so doesn't have to abide by its laws. Southern Cyprus is recognized by the EU so has to abide by its laws. No countries except Turkey recognize Northern Cyprus, so if BTCe moved there it only has to abide by Turkish law.

vrm86

hero member

Activity: 676

Merit: 500

This is only a sign of the powerlessness of the russian authorities, as the source of problems with Russia economy is in the fact, that it almost completely relies on the fossil fuels trading. As the Iran is coming back in to the business, Putin can only channel his frustration elsewhere.

Denker

legendary

Activity: 1442

Merit: 1016

Well let's see how this will play out in the long run. For the actual Bitcoin users in Russia there are and will be ways to bypass this blocks.
Bitcoiners are pretty tech savvy and therefore they will be able to continue buying bitcoins.
But decentralized exchanges would be really nice to have as third party services which are centralized can be easily attacked as we can see.

Asseb

newbie

Activity: 28

Merit: 0

They should not block all VPN, so to do is to join the North Korea, no, the Russian people do not agree with this

Bitcoinpro

legendary

Activity: 1358

Merit: 1000

Quote from: DecentralizeEconomics on January 23, 2016, 12:14:11 AM

Can't block decentralized NXT multigateway exchanges which allow you to trade BTC and a multitude of alts.

when they run the roost like NK

u know they are big dealers in drugs prostitution and money laundering

could u imagine if they caught u phtographing NK gov workers

handling big bags of crystal meth

or any number of other dodgy pictures u could get

Singapore is the same

Jail for Anti gov posts on Facebook

yet a thousand kilometres of supposedly

illegal street brothels, corruption in ur face

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

Quote from: jacktheking on January 22, 2016, 08:37:21 PM

Russia is the largest country in the world. Blocking it will affect a lot of Bitcoiner that uses Bitstamps and BTC-e. Thankfully that there is ways to bypass the block or just simply use another site. The bad thing here is that new Russian will not know about the existence of cryptocurrency.

Quote from: Amph on January 22, 2016, 02:27:56 PM

until they block all the vpn and vps provider, they are doing nothign there, if they are intelligent enough they should know this

besides youc an always trade bitcoin in other way and with plenty of other website

Yes agree. I'd say that the majority of Bitcoiners is very tech-savvy. They would simply use a VPN, VPS or Tor Browser to bypass the blocked sites.

-you are talking about land mass here right? what is the point?

- because young russians always follow their dictators? everything that is illegal is used alot in russia.

DimensionZ

sr. member

Activity: 350

Merit: 251

Shit, did I leave the stove on?

Quote from: Rizky Aditya on January 23, 2016, 02:41:26 AM

What does Russia have to lose by letting their people use Bitcoin? They have no reason to ban exchanges.

The Russian government wants to exert control over their citizens. Allowing them to have a financial freedom in the form of anonymous Bitcoin is a threat.

Bitcoinpro

legendary

Activity: 1358

Merit: 1000

Quote from: justspare on January 22, 2016, 10:55:45 PM

I really don't know why Russia would do this. I know that Bitcoin isn't very prominent in Russia but still. Huh

u sound lile risky from the other Russian thread

talk sht much?

Rizky Aditya

hero member

Activity: 700

Merit: 500

What does Russia have to lose by letting their people use Bitcoin? They have no reason to ban exchanges.

Kprawn

legendary

Activity: 1904

Merit: 1074

There are a lot of people for and against governments in any country. The people against the government, will become aware of Bitcoin when they see this attempted ban. They

will start using Bitcoin to stick it to the government. The government block one site and another pop up elsewhere.... If there are a full ban, people will react and take it

underground. The Russians will push people towards this technology without even knowing it. Grin

Topic: Russia joins North Korea - blocks bitcoin exchanges (Read 2118 times)