Would you invest in Russian business? - page 2.

kryptqnick

legendary

Activity: 3248

Merit: 1402

Join the world-leading crypto sportsbook NOW!

Quote from: South Park on October 11, 2017, 05:18:34 PM

Quote from: RuShops on October 11, 2017, 02:47:11 PM

What do you think about crypto-investing to business projects wich location in Russia?

I do not care as long as the project is legit and they can communicate in proper English, if the project is legit I do not think we should worry at all about where it comes from, however the language barrier can be big if the developer themselves cannot talk on English so that is very important to avoid any confusion in the future.

Yes, but that's not the reason why some people don't want to invest in Russian projects. The reason might be that the country has a very high level of corruption and thus people tend to think the project is going to be a scam as well. It doesn't make much sense to me, because all people are different and some of the most popular cryptocurrencies like Eth and Waves are created by Russians, so I guess there is no use in not investing in their projects.

Quote from: Lieldoryn on November 17, 2017, 06:52:51 AM

Never an honest business will not invest their capital in a totalitarian country with a kleptocratic government. All investments in Russia cover corrupt officials. Those who try to invest themselves will lose their money. Sometimes they can even lose their lives. Russia is not an attractive country for investment. Just look at the constantly changing rules on the use of cryptocurrency. Who wants under such conditions to build your business?

Do you really think so? The government is one thing but Russians is the other. Moreover, most of cryptocurrencies are by nature against the government, so accusing Russians of leaving in a totalitarian (actually, authoritarian) country makes even less sense. Maybe these people are fighting for freedom or try to change Russia for the best and you are not letting them do it by refusing to invest in their projects just because they were founded by Russians.

Doell

hero member

Activity: 2156

Merit: 531

leading developers are from Russia too many smart people in the country ,most important is the project can enter all circles and can compete with other products .how can more trust from investors to promote their products is very important and how their indicators work from month to the month

waynechong1995

full member

Activity: 644

Merit: 117

swing!

Are you afraid those project's being illegal or scammy in nature? Well crypto-project in different location has bad projects all, but many crypto-conference are held in Russia which means they have a pretty solid number of project backers, developers as well. Every project should be treated similarly if they really do work achieving roadmap/milestones set early on. Cryto businesses always aimed internationally regardless, the thing you need to concern is just about regulation stuff imposed on their local companies, in this case are like Russia banned crypto, which reduce their exposure and confidence internationally.

Batmain

full member

Activity: 151

Merit: 100

Quote from: RuShops on October 11, 2017, 02:47:11 PM

What do you think about crypto-investing to business projects wich location in Russia?

They are saying that many Russians are scams but they do have some legit ICO, they are playing a great part in the cryptocurrency world (because they have skills and knowledge) so investing in a Russian ICO is good you just have to know the developers, make some background check if it is legit and so some research in their platform and always read the whitepaper. At the End of the ICO there is no telling if they will run themoney or continue the platform so it's a gamble. Good luck.

cydrix

full member

Activity: 602

Merit: 129

Quote from: RuShops on October 11, 2017, 02:47:11 PM

What do you think about crypto-investing to business projects wich location in Russia?

Depending on the potential and the supports to upheld that . Well first is study the business that pique your interest and probably plan on investing enough money for starters to try it and if positive results come out of that i might as well invest more to that.

Tenderino

full member

Activity: 336

Merit: 103

Depends on the crypto project but for crypto mining Russia is surely a top country with cold temperatures and low energy costs. But they plan to regulate crypto currencies, so we need to see if those laws will be advantageous for crypto businesses and customers or if it will be just to collect more taxes and fees.

Razick

legendary

Activity: 1330

Merit: 1003

Quote from: darthmaul on October 12, 2017, 09:28:44 AM

Is that a question or ambiguous situation of the project itself? Why would location really matter and that too Russian country where they are actually developing the plans to accept bitcoin in legal ways. There have been news though they will be taking down the bitcoin but that's not gonna happen for sure.

Anyway coming to the point, I will surely invest into Russian projects as long as they are legit and more than good enough to pay me profits. Everything will depend on the factors like that only, what is project about, why it can be successful, how much is ROI time, how much is profit etc. But location wouldn't really matter to me. I'm investing currently into many projects but never came across the location based project investment.

Location of businesses does matter, man. Why do you not walk down the alleyway instead of going around the block? Because the alleyway is a sketchy area where bad things happen and it is better to be out in the open. Same goes for investing. When the owners/CEO are not showing their face, it usually means that you need to proceed with a lot of caution before using their service or investing in their company, because chances are it is a scam.

appleffi

member

Activity: 126

Merit: 11

One of a kind

Quote from: RuShops on October 11, 2017, 02:47:11 PM

What do you think about crypto-investing to business projects wich location in Russia?

For me, location of the project is not a factor to which I invest because the only factor I considered very important is as long as the project is legit and has a good offer then I'm good to go. Also I have nothing against russia though there are many undesirable news going on still I believe that not all within that continent should have a bad image in everyones eyes.

farhaan

sr. member

Activity: 392

Merit: 250

Quote from: RuShops on October 11, 2017, 02:47:11 PM

What do you think about crypto-investing to business projects wich location in Russia?

No,i would not invest there.Russia is a communist country with thousands of regulations.Putin has already stated bitcoin as a pyramid scheme.I think that they would treat the altcoins and ICOs in the same way.No need to take huge risks.They might follow the china model and very soon,they may ban all ICO projects.So,jut want to invest in ICOs carried out in much crypto friendlier countries like japan,switzerland.

Flor1982

full member

Activity: 714

Merit: 100

Quote from: RuShops on October 11, 2017, 02:47:11 PM

What do you think about crypto-investing to business projects wich location in Russia?

I think any nation could participate and facilitate an ICO as long as it was legit, good marketing strategy and of course have great earnings. Some are afraid of joining an ICO because it might be a scam, that is why the need of regulating bitcoin and ICO should be done to protect the people to become a victim of some fraud ICO and also to prevent discrimination and fear.

Hexah

sr. member

Activity: 728

Merit: 265

Well, I don't have grudge for whom I will be working with even with Russian as long as they can communicate with me with ease and as long as also their project is legitimate and could be good in a community. Discrimination will only lead to misunderstanding, it doesn't mean that just one Russian business not good or just scam you'll keep it to your mind that all of them are scams let it not be in a consensus way to think of many businesses in Russia are good.

jaysabi

legendary

Activity: 2044

Merit: 1115

★777Coin.com★ Fun BTC Casino!

Quote from: RuShops on October 11, 2017, 02:47:11 PM

What do you think about crypto-investing to business projects wich location in Russia?

Crypto or otherwise, countries like Russia and China have problems due to the policies and widespread corruption of their governments that undermine investment confidence. Simply put, there's no guarantee that a successful business in those countries aren't going to be taken over by the government or have to kowtow to censorship or other authoritarian demands. I am not interested in investing in those countries.

olushakes

sr. member

Activity: 476

Merit: 254

What is even the point of loactaion where the project is a working one. Who knows about the location of bitcoin business itself but its has been a success story. ETH has been linked with Russia and several token has been raised on that platform even if not from Russia, the base is from there which means indirectly, its a Russia business and people have invested in it, some have turned to be gold mine, while others have been a waste of time and resources.

palle11

sr. member

Activity: 2366

Merit: 332

One has to be very meticulous investing in a Russian business. Russia is full of skeptic businesses and punzi scheme and this is the reason that people and myself are skeptical to invest there.

Meanwhile, they have stringent laws incase one is caught in the act of fraud.

Lieldoryn

sr. member

Activity: 630

Merit: 272

Never an honest business will not invest their capital in a totalitarian country with a kleptocratic government. All investments in Russia cover corrupt officials. Those who try to invest themselves will lose their money. Sometimes they can even lose their lives. Russia is not an attractive country for investment. Just look at the constantly changing rules on the use of cryptocurrency. Who wants under such conditions to build your business?

josealerav

newbie

Activity: 238

Merit: 0

Yeah maybe, Russians will give you a good profits but caring with them if you're working with them in a long term.

aleksabat

member

Activity: 238

Merit: 10

I invest, maybe because i live there? Actually that was a russian guy who created Ethirium, and there are some many others smart lads.

cryptonoob312

sr. member

Activity: 518

Merit: 250

Russian projects are one of the best in the world due to very smart programmers (famous russian hackers!) and some freedom in russian laws. I invested in the project called MyWish. It's team mostly consists of russian guys and I love the way they are developing the project. I'd recommend to look closer at the project and maybe even to invest in it

mifanmuzny

member

Activity: 294

Merit: 16

I have seen most of the successful ICOs comes from the russians wonder why Huh

Chrisjay29

full member

Activity: 392

Merit: 103

Quote from: RuShops on October 11, 2017, 02:47:11 PM

What do you think about crypto-investing to business projects wich location in Russia?

Its ok to invest your money to any country as long as they speak that you can understand or in a english language and they have good profile especialy on an ico and especialy that can make your money double or triple.
Thats why they really a translator in a ico.
So more can understand what they offer...

Topic: Would you invest in Russian business? - page 2. (Read 825 times)