Latest posts of: Argoo

Quote from: adaseb on March 01, 2022, 03:22:42 AM

The Sanctions are very harsh. Happening everyday. Even today Volvo said they won’t sell cars to them anymore. And there are more and more Sanctions added every few hours it seems. Even the new Batman movie won’t be play in Russia.

I think this will mostly hurt the poor as the rich were probably well prepared in advance. And most likely Putin prepared for this move many months or years ago. So who knows? I am assuming they got a secret stash of cash or gold somewhere laying around to survive. I only feel bad for their hard working citizens which don’t deserve this.

Of course, Putin and his elite will not feel any lack of living standards. But then the citizens of Russia will feel it, and very soon. I am absolutely sure that Putin did not fully calculate the possible consequences of the imposed sanctions. Now all countries are very friendly and united in their desire to completely isolate Putin's Russia from the outside world. It is unlikely that Putin counted on such unanimity. Yesterday we saw the first consequences of such sanctions with the depreciation of the ruble and all shares of Russian companies. And this is just the beginning. Further consequences will grow like a snowball.

Russian citizens must realize that it is they who are responsible for the current situation with their economy. They, and no one else, must keep their kings within the law and hit them on the head in time, and sometimes in such a way that this head flies off. We see that one senile can put our planet on the brink of extinction of human civilization. From what side can this be justified and calculated?

For every citizen killed in Ukraine, Putin will pay his family only $50. This is how Putin evaluates the life of his Russian soldier. During the five days of a large-scale war in Ukraine, Russia lost 5,710 of its soldiers. It will cost the Putin regime $305,500. Cannon fodder needs to come to its senses and draw the appropriate conclusions.

Quote from: adaseb on March 01, 2022, 03:37:23 AM

Who knows if they will actually collapse. Putin is crazy rich. He might actually be the richest person on the planet. Unlike Elon or Bill Gates he is private with his wealth. He doesn’t show it off. However he has tons of money and so do all the rich Russian people near him.

If the banks are in trouble he can easily bail them out. Or they can be bailed out with money from his friends. So this is why I don’t think they will necessarily go default. Lots of fake news out there. Don’t believe everything that you hear.

Russian banks are really close to collapse and we already saw yesterday how much the ruble and shares of banks and other leading companies in Russia fell. Russia's central bank is also limited in bailing out its banks, as some 70 percent of its $640 billion in reserves were held in foreign banks and are now frozen. In the future, they can go to compensate for losses to Ukraine from aggression against it.
Putin's wealth is a secret to Russians, but not to the banks and governments of the states where Putin keeps them. Now sanctions are also being introduced against Putin and his entourage. Therefore, the Putin regime will also lose most of its wealth from sanctions.
No, with such a continuing policy of aggression, no one will save Russia's economy. Putin tried to bring Russia to the brink of destruction. This is his choice and the choice of the people of Russia.

In fact, everything is much more serious than what you wrote here. If inflation in Russia increases another tenfold, then this will only be flowers compared to what should happen to Russia's finances and economy in the near future. The question is whether the Russian economy will be able to survive at all from the consequences of the attack on Ukraine and the “hellish” international sanctions imposed after that.
It is already obvious that invincible Russia is losing the war with a relatively small Ukraine. So let's see what will happen to Russia in just a few months.

Quote from: KingScorpio on February 27, 2022, 06:53:35 PM

china is lika a big nice grandmother, if putin does everything right he gets armies from her.

the west will not be able to convince china and india that putin is Hitler.
but putin might convince that zelinski is Hitler, by doing nothing

Now the entire civilized world is finally uniting around European moral values and is providing Ukraine with good military and financial support. Given the high patriotism of Ukrainians and the eight-year experience of the war with Russia, during the four days of the war, the Ukrainians destroyed about 5,300 invaders, 191 tanks, 29 combat aircraft, 29 attack helicopters, 816 armored vehicles, 74 cannons, 21 Grad multiple launch rocket systems, 291 vehicles.
The whole world saw that the great and invincible Russia could lose to a relatively small Ukraine, as the Ukrainians defend their land and their families, and the Russian soldiers for the most part do not know what they are doing on foreign territory.
Seeing how other states react to Russia's bandit attack on Ukraine, China did not dare to openly support Putin. In addition, international sanctions also had a significant impact on this position. Therefore, China is reducing trade relations with Russia and even refusing Russian oil, due to the uncertainty in mutual settlements. Currently, only two of China's largest banks are allowed to maintain financial relations, and contractual trade relations with Russia in each case will have to be approved at the highest political level of China.

Quote from: Haunebu on February 26, 2022, 09:57:54 PM

Putin has completely lost it probably because he doesn't want to see Ukraine overtake them in the future in terms of power etc. Just checked the news several minutes ago and he ordered his army to resume offensive in a barbaric manner.

Other countries aren't joining the war primarily because they don't want this war to turn into WW3 which makes sense, but Ukraine is screwed in the process.

The world was slowly and steadily recovering from the COVID threat in recent years and now this happens. Ukraine is putting up a brave stand currently, but the only way to settle this issue effectively is through diplomatic negotiations.

I do not agree with your statement that Ukraine screwed up and the only way out for it is diplomatic negotiations. The Putin regime has miscalculated by attacking Ukraine and throwing about a hundred thousand of its troops and a lot of armored vehicles at it from three sides.
The barbaric attack quickly united the Ukrainians and raised the patriotic spirit to unprecedented heights. We must pay tribute, the NATO countries are now helping Ukraine a lot with weapons, but the Ukrainians are now actively using home-made Molotov cocktails, burning the armor and military power of Russia.
Thus, during the four days of the Russian invasion, according to official data from the Ministry of Defense of Ukraine, the Ukrainians destroyed about 5,300 invaders, 191 tanks, 29 combat aircraft, 29 attack helicopters, 816 armored vehicles, 74 cannons, 21 Grad multiple rocket launchers, 291 vehicles.
The enemy is now in a panic and completely demoralized. Although peace talks are now starting at Putin's suggestion, Ukraine is not going to make any concessions, and the current situation, on the contrary, allows it to speak from a position of strength.

Quote from: dothebeats on February 26, 2022, 09:18:27 PM

Russia still have access to the markets in China and Asia, so even if the West bans SWIFT and imposed sanctions on the country, they will still find a way to finance this war they're waging on. Also, it seems that China is with Russia on what's happening in Ukraine, too, and they are ready to send some support to Russia in terms of money if it comes to that. Europe can't also afford to stand against Russia for too long, as they need that oil from Russia as well. Sanctions will hurt Russia a lot, but Europe and the West would also be hurt in some ways, too.

Now the civilized world has almost completely united in support of Ukraine in order to resist the brazen aggression of the Putin regime. Europe has finally realized that Ukraine is now protecting not only its independence, but also Europe and its moral values. Therefore, now the economic interests of each state are fading into the background. Germany, Italy and Hungary have already agreed to disconnect Russia from SWIFT, but there are still some contradictions, so SWIFT will be disabled in the near future only for some large Russian banks. But even the sanctions adopted before that are enough for the Russian economy to collapse very quickly, since every day it will lose about 20 billion dollars. We will soon see how Russia will not care about international sanctions.

Quote from: adaseb on February 26, 2022, 02:56:37 AM

I am surprised they didn’t do the SWIFT ban on Russian since they all did the sanctions and they also forbid to do business with many Russian banks.

Why do they refuse to ban SWIFT exactly? They are afraid some companies will have trouble sending and receiving money from banks? But aren’t they sanctioned anyways from doing business with Russia anyways. This is what I don’t understand.

I hope you stay safe. Hope this conflict ends soon.

When discussing the issue of disconnecting Russia from SWIFT, Germany, Italy, Hungary and Cyprus opposed this proposal as of yesterday morning. By evening, Germany and Italy had already agreed on the need to disconnect Russia from the SWIFT international banking system.
Meanwhile, Ukraine is giving a good rebuff to the Russian invaders, although stubborn battles are taking place in most of its territory.

During the first two days of a large-scale war, more than 3,500 Russian invaders were killed, about 200 were taken prisoner, 102 tanks, 536 various armored vehicles, 14 combat aircraft and 8 helicopters were destroyed. The enemy attack began to falter. They run out of fuel, shells, food. After all, Putin was counting on a blitzkrieg, and he clearly miscalculated.
The Ukrainian armed forces are repelling attacks in all directions with the active support of the population, which is formed into territorial defense battalions. In Kyiv, 14,000 machine guns were distributed to the population to repel the Russian bulk.

Quote from: Abiky on February 24, 2022, 05:32:12 PM

Quote from: mindrust on February 20, 2022, 11:01:17 AM

They will kick them out of SWIFT and stop there probably. The thing is the US can't do more. Biden already said that they are not going to send troops to Ukraine to fight Russia if Russia invades Ukraine.

You can't do much against a nuclear force as long as they don't threaten you directly. Getting kicked out of SWIFT would benefit Russia more in the end ironically because the USD will lose another customer.

The United States, Europe and other countries have already imposed serious economic sanctions against the Putin regime and against Russia in general. Including Russia was forbidden to make payments in dollars, euros, yen, pounds. The banking system will largely be paralyzed without being disconnected from SWIFT, although this possibility is still under discussion. So far, such a shutdown is opposed by Germany, Hungary, Italy and Cyprus.
In addition, it is predicted that by the time Russia sets up its internal payment system, it will already be bankrupt.
Now there is information that China refuses to buy oil from Russia because of the uncertainty with payments and delivery of oil. In connection with the adopted sanctions, this also awaits Russia for all other goods. Gas and oil, on the contrary, may fall in price.

Russia will probably build its own financial system independent of SWIFT. As long as it has its own reserves of Gold and other scarce commodities/assets, sanctions will have little to no impact over the Russian economy. By stripping Russia out of the SWIFT system, the USD will continue to lose traction as the world's reserve currency. I have a feeling countries will begin to separate themselves from the US Dollar slowly as time goes by. All of these actions will directly affect the American economy in ways that were never imagined before.

Now that Russia has invaded Ukraine, things are going to get worse. Oil prices will rise, leading to a huge blow over the global economy. Russia is one of the major producers of oil, so it doesn't have to worry about this. Who knows what will happen in the next days with rising tensions between the West and Russia? Just my opinion

Quote from: Kemarit on February 25, 2022, 04:43:30 AM

It's because Putin's ego, and he is willing to put everything in line here just to win the war. As someone said, no one really wins here, it's brother to brother and yet Putin didn't think about the consequences. For him Ukraine should be annex by Russia and they don't want NATO or any other countries in the West ally with Ukraine. US and EU quickly imposes sanctions against the country in response to his attacks. As for the stock markets, yeah, it's obviously any country that is involve will suffer.

Here the possibility of Ukraine's accession to NATO is not of such decisive importance. Putin wanted to unite the former republics of the USSR under his control. But he can't say it directly. Therefore, a far-fetched version was put into play that if Ukraine joins NATO, it will be a direct threat to Russia, since NATO's borders will come closer to Russia. However, Latvia, Lithuania and Estonia are already members of NATO and border Russia. Putin specifically twists the history of Russia and the history of Ukraine.
On the territory of Ukraine in the ninth century a powerful state was formed - Kievan Rus with a center in Kiev. The Russian tribe also lived on this territory. Therefore, the name Russia comes from a word that has Ukrainian roots.
Only the Moscow Tsar Peter the Great at the turn of the 16th - 17th centuries introduced the name "Russia", which was previously called Muscovy. By the way, the first mention of Moscow was in 1147, when the Rostov-Suzdal prince Yuri Dolgoruky, one of the princes of the already decaying Kievan Rus, invited another prince Svyatoslav Olgovich to his village of Mokva (then Moscow was still called Mokva). Therefore, Ukraine can now present territorial claims to Putin and claim territories, including Moscow. These are the original territories of Kievan Rus.
Putin raves about greatness, including the greatness of Russia, and for this he needs to have Ukraine in its composition and claim the former greatness of this state as the history of Russia, not Ukraine.

Quote from: Kakmakr on February 24, 2022, 06:09:23 AM

Quote from: Argoo on February 24, 2022, 05:44:39 AM

I live in Ukraine. According to the news, at 4:30 am today, Putin gave the order to attack Ukraine. The attack took place on the side of the Russian border, as well as on the side of the Belarusian border. Explosions are shown in different cities of Ukraine, as well as Kiev. They hit airports, ammunition depots and other critical infrastructure. The armed forces of Ukraine entered the battle. Let's see what happens next.
We have just heard that a Russian fighter jet has been shot down over Ukraine.

Thank you for busting the FUD that are being spread around the world. Wink

Can you give us constant updates on the things happening there and how your government are dealing with this? Do you see any foreign troops entering your country... or are this just your own army fighting by themselves?

I hope the rest of the world will do anything in their power to prevent a full scale war, because there are no winners in a war. Also, please give us a bit of background on why Russia is so focused on invading the Ukraine?

May God be with you in these terrible times. Sad

During the first day of aggression, Russia lost more than 30 tanks, about 130 armored vehicles, 7 aircraft and 6 combat helicopters, about 800 invaders were killed. Losses of Ukrainians - 136 people killed. Near Kiev, the landing force of the vaunted Pskov Airborne Division in the amount of 200 people was completely destroyed, the threat to Kiev was eliminated. Putin's blitzkrieg failed.
The entire civilized world is now on the side of Ukraine. Even an international hacker group has declared cyberwar on Russia.

Quote from: pooya87 on February 24, 2022, 06:04:48 AM

Quote from: Daryl_Dixon on February 24, 2022, 05:26:20 AM

Will the US and Russia start World War III?

This sounds more like a joke than a question Grin

Last war United States won, or was part of the winning side, has been World War II that ended in 1945 (77 years ago). Ever since then US has not faced any actual military force and any other smaller conflict with armed groups US faced they lost miserably. The latest being the war against Taliban that ended with a great escape and a donation of $100 billion worth of weapons and military equipment to Taliban to buy safe passage out of Afghanistan.
Going to war with an actual adversary will not only destroy US military but also US and EU economy. That's why it is never going to happen.

I keep repeating this in all similar topics but this is not the first time Russia has taken part of Ukraine. Google Crimea and 2014 and see how people were asking the same question back then and how nobody could do anything about it. It won't be any different this time either.

What happens to bitcoin is unpredictable. Bitcoin is a great way to store value and is a replacement for traditional impossible to carry ways such as gold. It is not unreasonable to think people would largely start selling everything they have and start buying bitcoin to escape the crashing economy.

I think you are very deeply mistaken. In 2014, when the annexation of Ukrainian Crimea took place, there were only 6,000 combat-ready troops in Ukraine, because Ukraine did not feel any threats and itself abandoned the world's third largest nuclear weapons potential. Therefore, the Crimea was captured almost without a single shot. In addition, Kremlin agents were in key positions in the army and law enforcement agencies, who gave the order not to shoot in any case.
Now the situation has changed dramatically. Ukraine has armed forces that occupy the 24th position in the world. Five Russian combat aircraft and a helicopter have already been shot down, two tanks and other military equipment have been destroyed. Putin will get a good rebuff and this will be the beginning of his end.

The war has already begun. Today at 4-30 Putin announced an attack on Ukraine. Ukraine is attacked not only from the border of Russia, but also of Belarus. Lukashenka completely fell under Putin. Explosions are heard in many cities of Ukraine, airfields are burning. Five Russian planes and a helicopter have already been reported shot down. The armed forces of Ukraine are already well armed and motivated. This will be the beginning of the end of the Putin regime. He breaks his teeth about Ukraine.
Yes, the cryptocurrency has fallen in price a lot now.

Yes, this is war. The Armed Forces of Ukraine entered the battle, they report about the downed Russian fighter. There is no particular panic. Explosions are shown on television in different cities of Ukraine. Russian tanks broke into Ukraine from the territory of the Russian-occupied Crimea. But Putin will not succeed. In the end, he will eventually fail. Putin has gone to a full-scale war and is risking the very existence of Russia itself.
PS. Five Russian military planes and a helicopter have already been shot down.

Quote from: ibuddy122505 on February 22, 2022, 11:17:05 AM

The US authority is collecting a list of measures, this is what we can define it sanction to impose and a normal procedure to force and an ordinary methodology to prevent Russia from attacking Ukraine. I doubt Putin will care, if he is determined to invade. He won't care about bloodshed nor any financial difficulties. I think invasion isn't well for any country. Putin should avoid any fight. We should stand up, stop all this pointless sanctions, and start normal dialogue more preferred choice over militarization.

Putin initially thought it would be easy for him to conquer the rest of Ukraine, much as it was relatively easy for him to do so in 2014. But here he miscalculated. Ukraine and its army has already become stronger. In addition, he did not think that this time the reaction of the world to aggressive military actions against Ukraine would be so one-sided and decisive. This time, the countries of Europe realized that Putin would not stop in Ukraine and the self-preservation instinct worked. Putin, by his actions, drove Russia into a dead end, and in order to save his face, he decided to recognize the LPR and the DPR, and also sent troops there.
With this, he played well with Ukraine, since everything fell into place and Putin’s aggressive actions and intentions are no longer in doubt. Therefore, Putin and Russia will fail anyway.

Quote from: dothebeats on February 18, 2022, 10:55:30 PM

It's almost as if they are trying to compete against Ukraine at this point on who's going to be the country wherein Eastern Russia can do their business with when it comes to cryptocurrencies. Russia has a somewhat huge population of cryptocurrency users, and knowing the economic situations of the said country, it really is a smart move for them to just give in and accept that crypto is inevitable, and that people will soon catch up to it and that they just have to build and plan ahead before the massive surge.

Russia is far from Ukraine in the issue of full legalization of cryptocurrency. On February 17, the Verkhovna Rada of Ukraine adopted the law on virtual assets for the second time, fully legalizing its circulation in Ukraine as a means of payment. In Russia, there is still no single approach to this issue. There, the Central Bank still demands to completely ban the circulation of cryptocurrency, and in the Duma there is a bill establishing criminal liability for its use as a means of payment. Therefore, we do not yet know what final decision will be made there. This will depend on many factors, including the state of war with Ukraine and international sanctions.

Quote from: Shagnasty on February 23, 2022, 05:04:55 PM

I can't say that money and happiness are unrelated in any way. They are quite related. Because having no money or a really few amount of money equals to being unhappy to me. Maybe this is different for many people also. But I can't be content about my life unless I have enough money to be able to get something I like. I don't mean that I must be a really rich person. I mean that I should be able to afford the things I like.

We feel much more confident and calm if we have enough money to live on. After all, we live in this rough physical world and are obliged, at a minimum, to maintain our body, as well as take care of people close to us. Therefore, we can say that money is an integral part of our happiness. But this is not always a prerequisite, just as a person can be unhappy even with a large amount of money. Life is diverse and multifaceted, and there are a lot of specific situations in it that are intertwined and form an infinite number of options.

Quote from: gantez on February 19, 2022, 09:11:06 PM

Kamala Harris (US Vice President) making some statement on the Russia and Ukraine problem said US and her aligns will impose unprecedented economic sanction on Russia if they continue to evade or attack Ukraine. So I'm wondering what kind of unprecedented economic sanction can be given to Russia if they continue to evade Ukraine.

The US and European states did not want to disclose what measures would be taken if even a single Russian soldier openly set foot on the territory of Ukraine, so that Russia could not prepare for them. But gradually some of them began to open slightly. First of all, Russia will be cut off from the use of the dollar and the euro in financial transactions. The import of the main strategic goods for Russia will either be limited or completely banned. All assets of Russian citizens outside of Russia will be frozen, and confiscated for Putin and his entourage.

We should see these sanctions in the coming days. Yesterday, Putin recognized the existence of two independent republics on the territory of Ukraine, and already tonight he openly sent his troops and heavy military equipment there. Russian troops stood on the line of contact with the troops of Ukraine. This is open warfare.

Quote from: icopress on February 21, 2022, 09:30:50 PM

Quote from: The Pharmacist on February 20, 2022, 04:59:45 PM

[...] I'm wondering if Russia putting out a news story that no doubt will be received favorably (since crypto is extremely popular in Russia and because of cheap electricity must be lucrative as hell), attention might be directed away from the hostilities that are brewing between both countries.

Cryptocurrency is popular in Russia and Ukraine not because of cheap electricity, but because of the fact that the population has a total distrust of the banking system and the fact that the population does not want to pay taxes (by the way, the population cannot be blamed for this, only the government is to blame). As for the hostilities...stop watching the propaganda news, as there is not a single chance that a military conflict will break out between Ukraine and Russia.

You are wrong. Russia has already started an open war against Ukraine, and in fact against the entire civilized world. Yesterday, Putin recognized the independent parts of the Russian-occupied Donetsk and Lugansk regions of Ukraine, and already at night, Russian troops, along with heavy military equipment, openly entered these territories of Ukraine and stood on the line of contact with the Ukrainian troops.
Now Europe and the United States must fulfill the promise to impose hellish sanctions against Russia if even one Russian soldier sets foot on the territory of Ukraine. First of all, Russia will be cut off from the use of the dollar and the euro. It is quite possible that in this case, bitcoin for Russia will be very useful.

Quote from: Gozie51 on February 18, 2022, 11:05:50 AM

Coexistence is the way that the banks and cryptocurrency will interact and no one will be supreme but satisfying the gaps of each other like the proposal so far that the end users will be able to transact money from their bank account to either fiat or cryptocurrency and that of course is freedom through blockchain. No amount of pressure would erase the blockchain adoption and traditional banks will have to adapt to the new technology.

States will not allow equal coexistence of their fiat and cryptocurrencies. Therefore, no matter how much we want, fiat will always have significant advantages in legal walking with cryptocurrency.
In addition, neither states nor banks were opposed to the introduction of blockchain technology. Almost all states directly recognize the significant advantages of blockchain technology both in the financial sector and in other areas of our lives. That is why they started implementing their CBDCs, which mainly use blockchain technology.