Russia banning BTC?

[PokerStein1]

It is like all countries agreed about to hit one by one when Bitcoin tries to make a new all time high.. Everytime Bitcoin started to rise the put down their hammer to Bitcoin's head.. We need to get rid of all governments  if not i am afraid we need to forget about moon

[junoreactor]

Ironically, just last month Finance Minister Anton Siluanov said: There is no sense banning [digital currencies], there is a need to regulate them.
 

[junoreactor]

Seriously, I could see all large governments eventually trying to make crypto illegal.... it threatens their existence. Hopefully, we can get far enough along to simply ignore their laws. We need to take a stand against this fiat slavery system.

[Loni]

What is arguing for, now European Union will forbid btc and all debates will be solved..)))

[Cointertrade]

Just saw this article

https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/

Its bad to hear that news because bitcoin now is increasing and it really help us a lot.

[truthstalker]

What is arguing for, now European Union will forbid btc and all debates will be solved..)))

European union has been pretty neutral in terms of Bitcoin. I don't think they'll be making any statements on it in the foreseeable future.

[boltz]

RUssia will not ban BITCOIN guys , wake up. IT's just a new wave of panic that will go amongst the bitcoin users. This is all about the increasing price of bitcoin lately and now it's almost at the peek of a major point so yea a little panic is always welcome for those who can speculate.

[zais]

Just saw this article

https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/

Russia has always looked badly in digital currencies, and those services can attract regulators' attention, which means they will impose heavy regulation or perhaps even propose closures. The government will even propose a prison sentence for those using bitcoin

[zollyharvan]

The good thing is they care for the public about the limits of freedom to make its own.
If you still think Bitcoin holds it safe, think about what happens during an economic depression. Market anxiety gives you some ideas. Mr. Market determines Bitcoin so it can not be considered "safe storage" at all. All it takes is 50% of the value in an instant.

[rodel caling]

Just saw this article

https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/

don't panic mate i think have nothing effect in bitcoin about the banning the bitcoin keep increasing the price value more than the expectation for this month so i suggest with you calm yourself and work hard for the future of bitcoin.

[farhaan]

This was the first time that putin has took a stand directly against bitcoin.Its very surprising to see him terming bitcoin as a pyramid scheme.

He says that it would be used for illegal activities and money laundering all over the country.

Last month only,they were very much concerned about the saving bitcoin holders since its price is falling.

Totally contrast to it,this tie they were very much worried about the huge increase in price of bitcoin.

It seems that the central bank of moscow would ban all bitcoin exchanges in the country.

Despite china ban on ICOs,South korea ban on ICOs and now russia's ban on bitcoin,still bitcoin price is surging high towards $5,000 and it clearly shows the potential of bitcoin.

[Dannaey]

Just saw this article

https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/

I think this is legit. Coindesk.com also posted about this news on Russia. I think they are just making a FUD news like what China did but they have a hidden plan to do about it. I don't know what it is but I smell something fishy.

[bajing]

I heard one of the reasons is because mostly bitcoin used for illegal acts but I do not know the news is true or not, I think there is only one possibility that they are afraid the residents to evade tax because this is the main reason of the government banned bitcoin.

[Lpim01]

Just saw this article

https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/

I think this is legit. Coindesk.com also posted about this news on Russia. I think they are just making a FUD news like what China did but they have a hidden plan to do about it. I don't know what it is but I smell something fishy.

Same senarios of what happen a few months ago when China banning crypto currencies. We know it's a kind of alarming news but then, we must have to continue of what we have started. This is another challenge for crypto world and I believe that we can scape of being burst from criticism..

[cybersofts]

Just saw this article

https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/

Never mind Russia, with China itself we never had any serious effect on bitcoin and cryptocurrecy for long. Tell me now how do you think the Russia's actions will destroy bitcoin, huh? I think some people are just afraid and started thinking may be Russia's action will change the face of bitcoin which not going to happen. Bitcoin sets certain benchmark that no country in the world will destroy it because that's what true decentralization means e.g. China is the country with highest number of cryptocurrency investors - yet banned and bitcoin fully recovered like nothing happened in only less than 60 days. Russia too got nothing on bitcoin and all the rest of cryptocurrencies as well, trust me!

[Bekoultra]

I think the government and the banks are not able to control the money of people, which are using virtual coins. So they want to get rid of all these coins to recover the control on the money transactions.

[lalabotax]

Just saw this article

https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/

is not this an old story? is there any new news developing?

I think Russia has taken a policy from the past

[AndriyPilipyak]

Russia afraid that people will invest fiat in crypto and its impossible will be to control because banks will like sh... and fiat will move abroad by crypto without control!!!

[jackhdt]

I think the government and the banks are not able to control the money of people, which are using virtual coins. So they want to get rid of all these coins to recover the control on the money transactions.

Maybe that's one of the reasons. in my opinion the Governments fear bitcoin is a tool for illegal acts, money laundering and tax evasion in their country

[jekjekman]

Just saw this article

https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/

There is no way that they can ban totally Bitcoin as the title implies 'Breaking: Russia Will Block Bitcoin Exchange Websites, Says Central Bank Official' they will only ban 'Bitcoin Exchanges' and not Bitcoin itself, this is like what China did if ever this will go through and there no major problem that we must worry in the future as Russians are too smart for them to worry with this kind of news.

'First deputy governor of the Central Bank of Russia' is the one who stated this so there is no something new about this as an another banker again is about to try to regulate the exchanges and flow of Bitcoin in Russia as if that they can stop the growth of Bitcoin in the future, they are just so alarmed to the potential of cryptocurrencies.