Bitcoin Forum

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.

The united states and some of europe have imposed economic and trade sanctions against russia.

China has not imposed sanctions. This means russia relies on china heavily at this time for trade & economic support.

China may use that leverage to force russia into adopting regulation of crypto or in the future perhaps we will see exchange bans.

This could complicate matters in russia as far as crypto goes.

I would if the price is right and no substandard issues regarding with what kind of product it offers. The more I would invest if my investment would be double up or triple the quantity. There might be language barrier case but this would be talk about and settle if they allow to have trained employees or required employees to speak in English. So there will be no discrepancies happen. It may be a long journey to adjust for a particular business with Russians but maybe they'll find ways to accomodate the business properly.

Highly doubt China cares for what other countries are doing in relation to Crypto, I think they'd much rather make some serious money off of Russian Businesses in any way that they can, be it through the Chinese currency of through Bitcoin / Crypto investments.

But moving on-- I don't think I'd invest in Russian Businesses (even without US sanctions on Russsia) I'd rather not get involved with a country that has such a high corruption rate, and anything that I'd be investing with could be shut down by the government on a whim. So, that's too much risk even for me!

many ico project is ready from rusian
telecomunication encryptotel iam invest in there
sonm super computer plan iam invest in there too

and many project cloud mining and more fromr rusian too
rusia is big crypto user

I see no problem to it after all russia hasn't official banned bitcoin from being used and if they ban it then dont do business in russia move to other place that already adopted bitcoin and didn't put to much exaggerated regulations like japan or Philippines.
Ive read some article also that russia is planning to create they're own crypto currency so they might accept digital currency also, well let's just wait and see whatever they plan to do.

if it is profitable why not, but in my country when say the investment sites from russia they say away from it, but in my thinking not all the investment business that originated in russia dangerous because it all depends on our election. I will invest my money / bitcoin when I know about the site from the developer and its members, if it is long term or short why not invest there because it is profitable. I am not afraid to lose if it is a good investment

We are already in Russian territory by miles deep within :D every single serious ICO project is on ETH blockchain, whether we like it or not there is no alternative nor competition for ETH on the same scale, Chinese tried to offer an alternative for it by selling 50M tokens of NEO in ICO and keeping 50M for the noobs behind their fake desks and offices :D
Where did you learn about crypto? you should know they belong to no country, internet and everything in it is universal. real cryptocurrencies are universal.

What kind of russian crypto business? I think everyone would invest if it's a good and legit project with guarantees and professionalism. Seems people are a bit afraid about russian projects.  :D

I know there are many Ponzies, HYIPs, ICOs and general scam investments managed by russians, but it doesn't mean all their projects are scam, at least I don't think so... And if we are investing in BTCs there isn't much to worry about regulamentations (at least not now).

International bankers funded Mao Zedong's revolution in china. Bankers are the primary investors in communist regimes throughout history. They funded Fidel Castro, Stalin & Lenin, Mao Zedong. All examples of communism can be traced back to them in one form or another.

What this means is, international bankers still wield a large degree of influence over china today. When china appears to randomly decide to ban bitcoin exchanges, those decisions are likely made by bankers exerting their influence over chinese politicians.

While you may be right that china itself doesnt care what russia does with crypto, the bankers who funded Mao's regime, who still have a great deal of influence in china to this day, do care. And it is they who may exert pressure on china to influence russia into following certain policies regarding crypto.

With the looming regulations? No thank you. It doesn't look like Putin is too fond of cryptocurrencies and until that changes, I don't think crypto as a technology can proliferate in Russia. I'd rather invest in Japan or the US.

I have the same sentiment as yours. As long as its legit then I would be willing to invest but one important thing to keep it running and become successful is having good communication. Then common qualifications of the business and the team should be satisfied i.e. competitiveness, high demand in business chosen and etc.

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.

Mostly no.
Most of the ICOs that come from Russia are up to the Legal rules in russia, and just becuase the rules in Russia are not really good for the investors my opinion, it makes the ICOs organziers to be able to do whatever they want to do with the money of their investors.

I would stay away unless the Business team is well known and trustworthy, and you really support the idea that they are representing, otherwise, I would stay away from crypto business that come from Eastern europe.

I personally dont care where does the business come from, the most important is the business is real and not a scammed, I know that Russia reputation is not too good when it comes to a business, but for me every country is the  same, it is not the country or nationality to blame but the person, I don't care from which country, my researching  procedures will be the same

It depends. For political asylum and fringe groups located in Russia, I will support. Otherwise, no, because I do not trust Russian government.

I have noticed most ICOs are coming out of Russia or at least have Russian influence in terms of their development teams. Also Eastern European countries are highly involved in crypto right now. I am personally avoiding most ICOs in general and generally think ones with Russian influence are more likely to be scams just because it is unlikely that all of them will end up being successful, and mathematically speaking it doesn't make sense to invest on this basis.

I want to invest in all countries as long as it is certain and promising.

Russia actually have a bad pedigree in businesses and other spheres of life. There are lots of scam news emanating from that end especially with the involvement of government officials.

Therefore, dealing with Russia would amount to being extra meticulous or to avoid it totally.

 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...

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

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 :)

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

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

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?

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.
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.

Why you only ask about Russian business? I think maybe you always think that all project which come from Russia is scam. LOL. I don't think so, a project is truthworthy or not depend on how it work not where it come from so I think invest in Russian business is quite good but it's not easy to find out a good project to invest in, not only in Russia but also all over the world. As you can see there are a lot of ICO projects in this forum and each of them come from different country, some projects are truthworthy and some projects are scam so be careful when you want to invest in any project in any country not only Russia.

For it does'nt care as long as it is Legit not a Bogus. Where it came from or what kind of project that I would like to investment is the most important not to the point that we are going to determine from what country it came from. Aside from that as long as it will pay your effort in investing that matter most. Not all project that comes from Russia is a scam maybe and possibly their is Legit as well.

I follow the Russians. a successful country. a systematic nucleus. There are many important projects. it also supports the crypto. I am looking positively at the rus projects.

I believe that they have great potential. Like everyone said, I would invest in anything that is legit, trustworthy and if they can speak proper English so language would not be a barrier for both parties making a proper deal. Nationality should not be used to discriminate and to jump on conclusions but rather one should base on facts.

Well russia is a big country also in blockchain industries as you may know many projects in russia are implementing in crypto-currencies ...well there are many projects that are manage in the russia some other are scams or some other are legit... so better research about what are you into projects to invest.

For me it does not matter from which country the project is. It is important what team behind this project is and what benefit this project gives people.

Why not at the first sight, but the statistics say (sadly) that the businesses in Russia can be scammy and risky to invest in, So I`d check it before investing.

Well if I has so much money why not right. It is about crypto investing in if it has a lot of potential there will be so many people would rather to invest in that crypto investment that you are saying and also it is in russia so it looks like it is prepared.

No, I will not invest Russian business because I do not understand how to do business in Russia because I am not a Russian citizen although many say that business in Russia is very profitable because they are an advanced country and a country that is in the direction of most world investors to do business there.

if the project prospect is very good and handled by professional team why not, even if the project is in Russia or in another country.
I just want to tell you, do not look at the origin of the project if you want to succeed in investment...   

In Russia, lives a large number of excellent programmers who are ready to work day and night. Therefore, if you find an ICO with a good Russian team, you can be 70% sure of its success.

Why not, Russian business can be good as any other, or better, that don`t depends from nationality it depends from team behind, their knowledge, how much effort they put into their project. Who is the main character behind eth, its not a little thing.
In Russia there is many smart people, programmers, economists, engineers, and to not make this longer important is that Russia proved it self in history so there is no need to start to doubt in them now.
I invested in ethereum, and I think many projects there are Russians.
That is the beauty of internet, in the end its not matter where are you from as long as you doing a good job and you know languages to speak with others.

I don't see why we shouldn't invest in Russian business. If the price is high and the project can be a big success then why not. It doesn't really matter from which country the project is. What really matters is what kind of project it is.

There is prejudice  concerning Russian business many people whenever they hear about a russian project they tend to think that it's shady and probably a scam.However,personally if I feel like that the project is legit I disregard the project's location,without forgetting the fact that Russian's are known to be smart and figuring out incredible solutions.So yeah if you are considering launching a project located in Russia,just go ahead.
Regards

It doesn't matter where the project actually located or business registered. It's matter of few weeks to relocate if necessary and transfer all intangible assets like licenses. And Russia is not the best place to run business, but there are many talented teams from Russia developing great projects.

I THINK THAT A GREAT COUNTRY. I WILL INVEST

When it comes to cryptocurrency, Russia has a major role and in particular you could see most of the investors as well as the developers were from Russia. It is possible to come across lots and lots of ico projects that were successful from Russia. With this surely I'll invest on Russian businesses.

I should because in russia many people there are know about crypto and if you invest in a project all about crypto people might know it because their are fan of crypto so your business will not be harmed because instead it will work.

Same here, it doesn't matyer what country or other else it matter most what kind of project does the platform understandable and it can cater many investors also it is known so that I am comfortable to invest a big amount. Then it should be understandable the language which is English language so that I can be able to communicate well.

Russia is not only in the business, but also in many other areas of the country are extremely developed. High population density, strong economic growth and a large number of income sources in the financial sector have grown tremendously. Especially, the pre-launch of electronic money projects was successful. That's why I always choose to invest in Russia.