Bitcoin Forum

Good News today, Bank of Russia has changed its mind and is now allowing cryptocurrency mining. Bitcoin is expected to cross $12000.

source?

It has already crossed 12k. A few days ago. On a way down.

And I am afraid that "it is expected" to stay there for a while, my friend. It has happened in the past and usually around this part of a year too - around January.

it's all good BTC will jump up soon..

You guys need to read the news.

https://news.bitcoin.com/bank-of-russia-allows-crypto-mining-proposes-miners-sell-their-coins-overseas/

This is now a very good news provided it is a real one . I will suggest if you can tell us the source of it. Among all the negativity of Bitcoins all over the world, we and all the bitcoin lovers are searching for some positive news which may bring some hope in bitcoin community.

I am very hopefull that bitcoin will again soon rise to the moon.

well mate your OP would be much more valuable and credible if it cited a source. I suggest to edit your OP and please include the link there for others to read it. They may not find it if it is buried deep in a thread, as it is now.

This is good news for investors and bitcoin will soon reach $ 12k mark next month.

Well, that's really a good news besides of facing now in bitcoin issues from banning in other countries there's an still a good news,
Then watch out for the bouncing back again the bitcoin next month either the other month.
Time to invest now in bitcoin mates and wait for the rising back.
Yes hold and patience is a must here. Just prepare on huge profit ;D

A very good news indeed but they have a condition.

Source: https://news.bitcoin.com/bank-of-russia-allows-crypto-mining-proposes-miners-sell-their-coins-overseas/

My thoughts on this is that they don't want their country to buy those mined coins. It's like mined coins will be working as a remittance -- a profit that comes outside to their country. Their Central Banks seems to be intelligent on this part. They allow miners to facilitate on their country but will disable exchange of mined coins to their country so that no money will be issued to those miners instead they'll exchange it outside of the country to get more profit and adds to their ++% to their economy.