Bitcoin Forum

Russia launches its CryptoRuble mostly for people who avoid to pay taxes:
http://www.dailymail.co.uk/news/article-4989410/Russia-launches-cyber-currency-CryptoRuble.html

Since anyone can buy and sell CryptoRuble (not only Russians) it means that investment capital will be legal for everyone in Russia.
I think it is a very smart move for the russian market. After all, Ethereum and WAVES are both platforms designed by and built for Russia. Any thoughts?

just another centralized coin. and like the rest of them, it will do nothing.
maybe these coins indirectly introduce cryptocurrencies to average Joes so that bitcoin can grow even more as the only decentralized and proper cryptocurrency


just the fact that developers of these platforms have a Russian nationality doesn't really mean they were "built for Russia"!

actually i want to make their own currency in russia i read it in the news and they are in the infrastructure preparation for it i think they are looking for ways to make their units strong against the usd
maybe putin said that : make our national coin :D

Yup I think All cryptos was not meant for one country only it will sure surge in value if many different countries could have a supply of that coin, I think it can become like Ethereum that have a great value right now, maybe it can exceed the recent cryptos that they make

The new CryptoRubles is nothing to do with the Cryptocurrecny that decentralized. This new coin of Russia is to take the advantage of Cryptocurrency, Their new coin is still a Rubles in digital form. Centralized control by the state so that the country make a profit out of it and lessen the case of money laundering and tax evasion, maybe Putin are afraid to lose the rubles thats why he adopt the crypto. LOL.

A "decentralized" currency controlled by a centralized country?  ???
It's an oxymoron.
I've also read that minister Nikiforov said:

"All financial transactions with the virtual currency will be taxed at a tax rate of 13 per cent, that is the flat-tax in force in Russia, and the coin of other digital coins will be forbidden".

CryptoRuble will be called cryptocurrency for russia and it will be marketed hard with propaganda from the state.

It will be the most user friendly crypto ever seen. your grandma will feel right at home. Your taxes and fines will be paid automatically.
The source will be closed and it will have a wallet that phones home to prevent criminal tampering. the central bank will have a department for handling it and they will have backdoor keys to manipulate the blockchain and protect you. it will be very efficient. the security will be the best you can get without actually resorting to a decentralized system. trust the government.

There are likely to be concerns about it especially after there is evidence of fraud or a security breach but they can use that heavy propaganda to spread fear about bitcoin to keep people under their protective dominion.

Everyone will believe in it except for the <1% informed populace.
we should not underestimate the power of mass populations who have been divorced from reality.

Meh. They just came up with this so they can make more income from taxes, and if i had to take a guess, big banks are also behind this. If the govt has absolute control over the cryptocurrency (private keys, user information, mining, etc) then i don't care if it's legalized, at the end of the day it is nothing more than fiat on a blockchain. At least with paper currency, you can hold it in your hand. With the CryptoRuble your coins will be in entirely under the govt control.
Also, most of the bitcoin users want to keep using bitcoin because it is a decentralized system and also because of its privacy, i'm pretty sure no one likes the idea of the govt monitoring everything that you do with your coins.

that is exactly what I was expecting from Russia. I believe they are trying this later than when I thought.

I think it s a good thing for crypto currency world. Russia is a great country how to act in this world

Another useless cryptocurrency, This coin is just like USD Tether they are both backed by a country local currency which have a more stable value. And also if you trade cryptorubble you will be taxed 13% that's bullshit. This clearly explained that the only purpose of this coin is for the benefit of Russian government and Putin to make money from it. How can a trader make profit from it if the value is more stable with 13% tax? lol. Bitcoin and other altcoin will still be the best option for investment.

CrytoRuble is one of the digital currency. It will used to more convenience and fast transaction. In Russian government taxes also depends on currency. If you use in Russian Ruble taxes are high. But CrytoRuble is very less than that.
Most of the peoples are wish to invite in CrytoRuble. In future it will developed and it will reach equal to us dollar.

I do not think that Cryptorubl will be anything significant among the other crypto-currencies. This is a fully managed centralized coin, which will be forced to walk mainly in the territory of Russia. Now many countries are starting to issue their own digital currency. It will differ only in the degree of regulation. This stage, we should have passed sooner or later. And what will come of it, we'll see.

I am concerned with the creation of this CryptoRuble will make btc and eth in russia will be banned by reason to use that ruble.

Russia has been looking into Crypto for sometime and I don't think I'm surprise about this, if it does not impact other Crypto tokens, I don't think they want to kill the crypto space in Russia because most of their talented developers will just move out of the country

I think that CryptoRuble is a useless coin as well, the Russian Government could make a coin similar to Bitcoin but decided not to.

Not only will it be a useless coin but the name is the nut worst for orginality. I mean you couldnt come up with anything better? Rublebucks, Rublecoin, Ruble Token, RussianRubles, and the list goes on and on. Why on earth

would you use "crypto" as your leading name. Whatever I really dont care for a centralized coin such as this will die before it even begins and for that I get my kernels ready 8)

It's just an elaborate business scheme :D

They exchange your crypto into cryptorubles, tax it 13% and pay out in real Ruble :) Love it.

Russia want's Bitcoin and Ethereum. The holders of Ethereum (and possibly) Bitcoin will have great riches in the future.

The reason Russia spreads FUD about crypto is part of this genious scheme.

Centralized blockchain is make no sense. If is not decentralized coin make no sense to use blockchain technology.

i don't think it will succeed as it's centralized coin

Russia is dangerous because rules can be changed any time and any reasons. Today they decided to launch CryptoRubles. Tomorrow - to close. And it could be done suddenly, without any warnings.
From one side Russian president Putin meet Buturlin some time ego.  But it doesn't matter. And could means anything.
To my opinion, Putin understand that he couldn't be a Russian president 100 years. And have to go out finally. May be in 5 or 10 years.  And checking possibilities to safe his capital over crypto-currency.
But anyway it could means nothing. And for other persons crypto-currency could be decleared as under-law.
So i'll be not advice to invest money into it!

Russian sources say that creation of other virtual currency will be prohibited in Russia, but I don't know about using already existing crypto. It's coming to dictatorship as the currency is gonna be controlled by government.

Centralized and fully adjustable Cryptor, even as its name suggests, is something between the crypto currency and the ruble. That is, in fact, it will be the same ruble, only in digital form. What happens and how much such a hybrid will be in demand, we will soon see. One thing is clear: Cryptoruble will go predominantly within Russia itself and it will be minimal to influence the decentralized Crypto currency.

This, is very good.

A small correction. Cryptorubli will be taxed and do not dream. But, perhaps, trade will be more reliable, but this is not accurate.  :)

This doesn't make any sense for me. They just want to use the name of Ruble to take attention.
On the other hand we have Waves which is the first coin that uses NG feature to process thausands of transactions in a minute.

Any news on CryptoRuble? There were many in October, but nothing recently.
That's why it's even more strange that there is cryptocurrency CryptoRuble (CRUR) trading on Cryptopia (https://www.cryptopia.co.nz/Exchange/?market=CRUR_BTC). I think this is not The CryptoRuble Russian government and Putin were taking about.
The price of CRUR fell massively, from few thousand Satoshi two weeks ago to 50 Sats one week ago. And today it's trading for 3 Sats! How is this possible??

I think this is fake CryptoRuble, someone just took the name and created fake token. Look at the facts on Cryptopia: https://www.cryptopia.co.nz/CoinInfo/?coin=CRUR&view=rating
- no mining, all premined
- algorithm: POS
- total coins: 5 000 950 000
- no website
- no block explorer
- fake Github page: https://github.com/Cryptoruble
- fake lunch forum page which is actually a faucet thread: https://bitcoingarden.org/forum/index.php?topic=21735.0
- only 1 node which is located in Kentucky, USA (?? isn't this supposed to be Russian crypto)

It look a scammmmmm, keep away from this coin

Crypto Ruble they release. He will not be popular, as will be as cheap as the national Ruble.

In that country, a lot of people know about the crypto currency. That's why this project will not become popular. I think it's better to stay away from this currency

crazy how much Money has been burnt with that going down to 1

its just a regular coin that works like fiat or in others words its like a digital version of rubble i dont expect anything on this coin i dont even think it will step up in major exchanges and i think everybody will just ignore this coin the russia government expect this coin to be successful i guess their plans failed.

This project will not develop. There is a very weak team of developers. I read a lot about this project and now I know for sure that investing in this coin is very dangerous

My thought is that if one outside Russia can get their hands on it then they probably should try to? I mean I don't know if it will pump or whatever but if most people adapt and start using that you can only imagine that would increase the value of it, although I am unsure about this and must do more research. I know it won't launch for a while we have time to research :)

I have read in the news tape that Putin said that Russia must have its cryptoruble. I am sure it will have some other name, but I am not sure that if this currency appears it will be decentralized. Banks will control it.

I don't think it will have a big future if it is centralized. But it could still have a small future which is still much more than no future.

the history of russia so anarchic, this altcoin is not good, take the opportunity to avoid taxes. on the one hand, dev already to waiting for profit which fact tax evasion is criminal, why this altcoin not used tax pay minimal, or sell tax accounting services.

Well, now this is not so vehemently say. In fact, the reason for which Russia committed so quickly to create their own cryptocurrency is Kazakhstan. There already create its own cryptocurrency backed by Fiat money. But all this nonsense is impossible not one cryptocurrency back up anything, Even bananas (maybe someone will understand what I mean).
I think the idea of cryptoruble just pointless in itself. Just create the conditions for payments in bitcoin and take a Commission, that's all, don't suffer from insanity

Hello! Strange, just one article, not in Russian newspapers or on TV. It is traded on the Cryptopia exchange with minimal volumes. Is this a real cryptoruble, or maybe someone created a scam project for this news?

This is scam/unrelated project. Real cryptoruble will use proprietary Russian cryptography and won't be ready until 2018

I'm not sure if I would like to invest in something that is Centralized and in Russia, especially if  sources say that creation of other virtual currency will be prohibited in Russia. Crypto is a risk in itself, and this only makes it riskier, so personally I would not be interested in this right now.

I've noticed that all of the above is true, I don't think this is a trustworthy project.

[/size]
LET'S BUILD A SHIT COIN

I also follow this coin, and want to invest in....but not much news about this project....Almost 2 months pass and NOTHING

Com'on Russia, launch this SHITCOIN ASAP!

Why to invest in CryptoRuble? because RUSSIA a d VLADIMIR PUTIN (an real scam artist)....this will be very speculamivle coin....russian gov have to ''clean'' some ''black money''  ...so i expect a 10X increase in first month (if coin really launch)...and don't forgot, PUTIN
 is a business man so....


Any oppinion?

Everything that is controlled by the government or special services can't be a crypto currency ;D

Yet another stupid scam,Russia is not crypto friendly,you cant use name rubel,euro dollar to name crypto
If mr Putin name is used for that scam expect problem

I think cryptoruble is good ideal,  but seems too less information this cryptoruble,  i will buy some cryptoruble if cryptoruble is real  .

Cryptoruble is Russian and usdt is usd  , blockchain changed  the world

no government in this world will issue a cryptocurrency and permit you to own your own private key or participate in the consensus mechanism.

your investments are forfeit!

Cryptoruble sounds like something strange)

Well it's only trading between 1 and 2 sat currently so it appears to be fairly cheap at the moment. I'm just wondering when will it go up in value.

Cryptopia is delisting this coin and by June 7th will be removed.  Is there another trading platform where I can withdraw my coins and deposit onto another exchange?

I think it will be a big project if it is officially supported by the government of Russia. There are a lot of good specialists and a lot of money.

On the other hand we have Waves which is the first coin that uses NG feature to process thausands of transactions in a minute.

This is cool news.
I will buy thus coin!
I don't think that will be centralized coin.
CryptoRuble :) How much will be cost it?

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is this still alive?

Devs should revive this project. CryptoRuble / CRUR. Lots of potential if revived again.

What do you think of joining a team and assaulting the direction of CRUR? I can help this too and I can get her listing on the Pool:
https://www.ecostakepool.com/

I created this telegram for those who want to gather a community to see this to form a team and raise the pre-object CRUR:

NEW CRUR TELEGRAM: https://t.me/joinchat/HqfMTEZ_JT4nSm9sV5QpOA

NEW CRUR DISCORD: https://discord.gg/RKNt3Sm

It will be good news for Russia people. I think this will not much affecting to cryptomarket in a whole but i think its good for russia people because they can use cryptocurrency for their transaction

What do you think of joining a team and assaulting the direction of CRUR? I can help this too and I can get her listing on the Pool:
https://www.ecostakepool.com/

I created this telegram for those who want to gather a community to see this to form a team and raise the pre-object CRUR:

NEW CRUR TELEGRAM: https://t.me/joinchat/HqfMTEZ_JT4nSm9sV5QpOA

NEW CRUR DISCORD: https://discord.gg/RKNt3Sm

These are all old topics that are over a year old. Even if Russia ever releases its fully centralized cryptocurrency, it will be for the sole purpose of circumventing international sanctions. Citizens, even this coin is unlikely to be free to use. And no sense in this will not be.
If Russia wants to release its cryptocurrency by the middle of 2019, let them release it. Then we'll see and talk. And now it is too early to discuss what is not and may not be.