Some bad news for a change: Russia's total ban on bitcoin - page 3.

piramida

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Borsche

Quote from: wachtwoord on October 03, 2014, 04:21:09 AM

Quote from: piramida on October 03, 2014, 03:28:21 AM

Well, seeing as good news have negative impact on the price, here's some bad news:

Completely crazy regulators in Russia have proposed a law that would make any operations with cryptocurrencies illegal, with fines of 1000 euro for citizens and 2000 euro for organizations. Also, creating software for cryptocurrencies or distributing any information that could lead to creation of cryptocurrencies will be outlawed.

Source article in russian (law is not passed yet, but knowing that puppets vote for laws in Russia, it will be): http://lenta.ru/news/2014/10/03/bitcoins/

to the moon?

A Russian law but fines are in Euros and not in Rubles?

50000 and 100000 roubles will not say much to people

wachtwoord

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Quote from: piramida on October 03, 2014, 03:28:21 AM

Well, seeing as good news have negative impact on the price, here's some bad news:

Completely crazy regulators in Russia have proposed a law that would make any operations with cryptocurrencies illegal, with fines of 1000 euro for citizens and 2000 euro for organizations. Also, creating software for cryptocurrencies or distributing any information that could lead to creation of cryptocurrencies will be outlawed.

Source article in russian (law is not passed yet, but knowing that puppets vote for laws in Russia, it will be): http://lenta.ru/news/2014/10/03/bitcoins/

to the moon?

A Russian law but fines are in Euros and not in Rubles?

Asrael999

hero member

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Was a bit of confusion in Russia news a day or so ago
First of all they announced they were considering capital controls
Then they announced they definitely weren't considering capital controls

So first make cryptocurrencies illegal - then introduce capital controls?

piramida

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Borsche

Quote from: Dalmar on October 03, 2014, 03:37:25 AM

They are clearly afraid that Ruskies will panic dump their rubles for BTC. The Ruble has been the worst performing major fiat currency this year.

yes and with incoming country encapsulation in a North Korea form, there's no bottom for rouble's downfall. I don't think banning bitcoin will stop that much

only if they add serious prison terms to owning bitcoin, dollar, gold, or anything but rubles and dirt, as was the case in Soviet Union

Dalmar

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Life is short, practice empathy in your life

They are clearly afraid that Ruskies will panic dump their rubles for BTC. The Ruble has been the worst performing major fiat currency this year.

frienemy

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I was promised da moon

I contribute with a bad dream, actually my first one about bitcoin:

Last night I dreamt that price is going to crash to 50-60 USD, then recovering to 138, then crashing to 28 USD. My dreams generally don't come true, otherwise would already have experienced 2 apocalypses, starting in my home village. Therefore the bottom MUST be in.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Well, seeing as good news have negative impact on the price, here's some bad news:

Completely crazy regulators in Russia have proposed a law that would make any operations with cryptocurrencies illegal, with fines of 1000 euro for citizens and 2000 euro for organizations. Also, creating software for cryptocurrencies or distributing any information that could lead to creation of cryptocurrencies will be outlawed.

Source article in russian (law is not passed yet, but knowing that puppets vote for laws in Russia, it will be): http://lenta.ru/news/2014/10/03/bitcoins/

to the moon?

Topic: Some bad news for a change: Russia's total ban on bitcoin - page 3. (Read 3899 times)