after Jp morgan Now valdmir putin attaking crypto market

[2double0]

It was sure that these high-rated people would go nuts about Bitcoins once it starts to rise and it's happening now.
Putin is a Government-guy and Governments are scared of Bitcoins because Bitcoin poses a "tunnel" to let us make our finance anonymous and they are gazing the right time to fill this tunnel. But all I could see there in Russia is, Putin didn't decide to stop cryptocurrencies but ordered the banks as well as their regulators to start regulating Bitcoins as soon as possible. I don't think they plan to ban Bitcoins or ^attack^ crypto market in any way.

[BTCMILLIONAIRE]

It was sure that these high-rated people would go nuts about Bitcoins once it starts to rise and it's happening now.
Putin is a Government-guy and Governments are scared of Bitcoins because Bitcoin poses a "tunnel" to let us make our finance anonymous and they are gazing the right time to fill this tunnel. But all I could see there in Russia is, Putin didn't decide to stop cryptocurrencies but ordered the banks as well as their regulators to start regulating Bitcoins as soon as possible. I don't think they plan to ban Bitcoins or ^attack^ crypto market in any way.

Bitcoin is easily traceable and does not make your finances anonymous at all. Especially not for the average person who doesn't understand cryptography.

[the rise]

It was sure that these high-rated people would go nuts about Bitcoins once it starts to rise and it's happening now.
Putin is a Government-guy and Governments are scared of Bitcoins because Bitcoin poses a "tunnel" to let us make our finance anonymous and they are gazing the right time to fill this tunnel. But all I could see there in Russia is, Putin didn't decide to stop cryptocurrencies but ordered the banks as well as their regulators to start regulating Bitcoins as soon as possible. I don't think they plan to ban Bitcoins or ^attack^ crypto market in any way.

Bitcoin is easily traceable and does not make your finances anonymous at all. Especially not for the average person who doesn't understand cryptography.

Putin thinks that bitcoin is still full of loopholes and dangerous for use by people who do not quite understand, Until now he does not forbid the use and remain neutral. Bitcoin is easy to track but we can create multiple accounts and unlisted, that's what they're worried about because the state can not monitor and manage it.

[BTCMILLIONAIRE]

It was sure that these high-rated people would go nuts about Bitcoins once it starts to rise and it's happening now.
Putin is a Government-guy and Governments are scared of Bitcoins because Bitcoin poses a "tunnel" to let us make our finance anonymous and they are gazing the right time to fill this tunnel. But all I could see there in Russia is, Putin didn't decide to stop cryptocurrencies but ordered the banks as well as their regulators to start regulating Bitcoins as soon as possible. I don't think they plan to ban Bitcoins or ^attack^ crypto market in any way.

Bitcoin is easily traceable and does not make your finances anonymous at all. Especially not for the average person who doesn't understand cryptography.

Putin thinks that bitcoin is still full of loopholes and dangerous for use by people who do not quite understand, Until now he does not forbid the use and remain neutral. Bitcoin is easy to track but we can create multiple accounts and unlisted, that's what they're worried about because the state can not monitor and manage it.

Bitcoin is fairly easy to monitor for government entities and they are actively doing it.

[goshay97]

putin actually loves crypto so it is fake news!

this is what I was always led to believe too, that putin loves crypto.  like others said, probably them spewing this crap "news" out, in hopes to drive the market down, so they can jump in and buy low. 

[Nerman]

It was sure that these high-rated people would go nuts about Bitcoins once it starts to rise and it's happening now.
Putin is a Government-guy and Governments are scared of Bitcoins because Bitcoin poses a "tunnel" to let us make our finance anonymous and they are gazing the right time to fill this tunnel. But all I could see there in Russia is, Putin didn't decide to stop cryptocurrencies but ordered the banks as well as their regulators to start regulating Bitcoins as soon as possible. I don't think they plan to ban Bitcoins or ^attack^ crypto market in any way.

Bitcoin is easily traceable and does not make your finances anonymous at all. Especially not for the average person who doesn't understand cryptography.

Putin thinks that bitcoin is still full of loopholes and dangerous for use by people who do not quite understand, Until now he does not forbid the use and remain neutral. Bitcoin is easy to track but we can create multiple accounts and unlisted, that's what they're worried about because the state can not monitor and manage it.

Bitcoin is fairly easy to monitor for government entities and they are actively doing it.

Yes Bitcoin is very traceable and was used by the black market before because the FBI did not know it before or basically do not care about crypto currency. Right now as far as I know Monero is the coin that are being used in the black market since it is basically invisble , no trace at all.

Scams in crypto currency is getting bigger and bigger since they noticed the potential on  how to earn money with it. This is one of the reason why i'm in favor of regulating ICO's. To filter out the new coins and maybe also regulate some loopholes in Crypto. I know not all is in favor in regulation because we love the freedom and I do to but not every one is educated enough to avoid scams.

[Blake_Last]

I think this issue has been clarified as Putin is not attacking the crypto in the sense of its financial capability, but he is talking only about the possible risks that it may impose in matters where people can use it to launder money, evade taxes and finance terrorism. However, he also said, if I remember it correctly, the benefits and advantages of such new technologies and even went to say not to "create unnecessary barriers" to it.

Read this article here: https://news.bitcoin.com/putin-central-bank-unnecessary-barriers-cryptocurrencies/

[Idrisu]

Bitcoin is actually poses risks in the eyes of governments and bankers, but we would keep using it and we would keep on investing in it because we trust this system more than the current financial systems and governments regulate systems we have now. Putin attacked on bitcoin has even create great demand for bitcoin as bitcoin is currently above  $5600. We should expect more attack in days to come as they will like to create FUD in other to bring bitcoin's demands to stand still and from there reduce it values.

[elewton]

Bitcoin is actually poses risks in the eyes of governments and bankers, but we would keep using it and we would keep on investing in it because we trust this system more than the current financial systems and governments regulate systems we have now. Putin attacked on bitcoin has even create great demand for bitcoin as bitcoin is currently above  $5600. We should expect more attack in days to come as they will like to create FUD in other to bring bitcoin's demands to stand still and from there reduce it values.

I’m absolutely convinced with your point of view. I think that Governments are just trying to control Cryptocurrency. But They will never achieve their aim. I always believe in BTC and Ethereum. 

[thepo1m]

I don't understand why people think this is negative thing, there is no one that is new to crypto that won't be first skeptical about it, what he needs is more education but we keep saying is going to make the bankers jobless, but I have a feeling most of the money that enter the space this year are from this people, some of them are seeing the big picture and are warming their heart to it

[criz2fer]

To be fair. He's just stating that cryptos bring some risks with them. That's not an attack, it's the objective truth. A lot of people have lost access to their private keys, have gotten hacked, fell victim to phishing attacks, fell victim to marketing scams, fell victim to outright scams, or just simply traded like a gambler plays roulette.
Money laundering and tax evasion of global scales could also easily result in massive chaos if it just happens with absolutely no oversight.

But whatever his true intentions are, this is just a sign that we are on the verge of mainstream adoption.

Yes that's correct most likely some of them did not even read the article just check the headline and assume that Putin is attacking cryptocurrency. Putin concerns are legitimate. As a state most likely they want to avoid money laundering and tax evasion. We know that cyrpto currency are being used by the black market for their own gain.

Most people on this forum seem to just read the headline and then post random stuff based on that alone. Sometimes it feels like I'm in a forum full of bots.

But yes, you are exactly right. A sensible government would want to avoid tax evasion and laundering.
Eventually they will have to protect the stupid and greedy people from themselves too, because they will start complaining about "scams" instead of being careful in a risky environment. It's like jumping down a cliff and then complaining about it... people are really weird.

Best editors ever. Sniping the tittle just to caught attention in the web. Again, FUD will again resurface but people don't believe to this manipulation anymore because bitcoin rises again strong. But I think the news are just warning to be careful because of the risk involving cryptocurrency.

[1BTC EQUALS 1CAR]

Putin might be afraid of the risk but I don't think he means that he'll ban btc. They might be planning something to somehow to regulate it or something like that.

[cdb1690]

Bitcoin is fairly easy to monitor for government entities and they are actively doing it.

True, but it can be used in the way that's completely untraceable and it's actually not that hard to do so, especially if you have the opportunity to utilize some of the anonymous methods of converting fiat to crypto and vice versa (such as anonymous ATMs).

[BTCMILLIONAIRE]

Bitcoin is fairly easy to monitor for government entities and they are actively doing it.

True, but it can be used in the way that's completely untraceable and it's actually not that hard to do so, especially if you have the opportunity to utilize some of the anonymous methods of converting fiat to crypto and vice versa (such as anonymous ATMs).

You can only convert small amounts via ATMs though. And as soon as you get to larger amounts you're putting yourself in significant (physical) danger.

[Omega Weapon]

Such laws cast Russia back several decades ago. The world changed and changed every year in a geometric progression. What Russia is doing shows that it is not yet ready to enter a new era and, thus, will lag behind such developed countries as the US and Japan.

Any country not willing to adopt a superior new technology is going to lag behind, look at China, their citizens want to adopt bitcoin but the government does not want this, if the government wins they are going to be left behind and other countries are going to reap the benefits and the investments that bitcoin is going to bring, Japan a neighbor country of China has decided to go in the opposite direction and legalize bitcoin and we will see the benefits of that decision in the next decade.

[BTCMILLIONAIRE]

Such laws cast Russia back several decades ago. The world changed and changed every year in a geometric progression. What Russia is doing shows that it is not yet ready to enter a new era and, thus, will lag behind such developed countries as the US and Japan.

Any country not willing to adopt a superior new technology is going to lag behind, look at China, their citizens want to adopt bitcoin but the government does not want this, if the government wins they are going to be left behind and other countries are going to reap the benefits and the investments that bitcoin is going to bring, Japan a neighbor country of China has decided to go in the opposite direction and legalize bitcoin and we will see the benefits of that decision in the next decade.

This^

I can't wait to see what impact Blockchains will have on economies.

[rindo]

Yes after attacking (trying to) the integrate and value of Bitcoin, Putin and the Russian government are creating new laws to be able to taxate miners. The mining paradise in Russia has it days counted. A new decreet was released, that miners need to reveal there mining profit earnings, in there annual income. Also new technics of miners detection, in be inforced on, for example, tracing high level of energy consumption. 

[BTCMILLIONAIRE]

Yes after attacking (trying to) the integrate and value of Bitcoin, Putin and the Russian government are creating new laws to be able to taxate miners. The mining paradise in Russia has it days counted. A new decreet was released, that miners need to reveal there mining profit earnings, in there annual income. Also new technics of miners detection, in be inforced on, for example, tracing high level of energy consumption. 

Source on your claims?

Putin was very explicit about not introducing unnecessarily harsh regulations for cryptos so as to not stunt technological progress.

[MintCondition]

Yes after attacking (trying to) the integrate and value of Bitcoin, Putin and the Russian government are creating new laws to be able to taxate miners. The mining paradise in Russia has it days counted. A new decreet was released, that miners need to reveal there mining profit earnings, in there annual income. Also new technics of miners detection, in be inforced on, for example, tracing high level of energy consumption.  

Source on your claims?

Putin was very explicit about not introducing unnecessarily harsh regulations for cryptos so as to not stunt technological progress.

At this time being any fud were not tolerated by many investors and holders since bitcoin gold is coming we might btc keeps increasing inlike the bch fork wherein people tends to panic. People might think of it after fork.

[mllake2]

So anyone care to tell me how serialized mass produced pieces of art on clothe, paper, or plastic is ever supposed to be worth anything.  Seems strange for the elitist to poopoo crypto, while at the same time betting on traditional currencies that can be readily [and illegally] copied.