after Jp morgan Now valdmir putin attaking crypto market

[bitgolden]

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. 

Nobody really takes notice of such dramas now. Jamie and Vladimir can say whatever they like to like investors are going to care. I have seen people showing more trust in bitcoin as well as altcoins than before. I think finally everyone has started to realize that the future of money is digital currencies and now the way to become rich is by doing simple saving in crypto coins.

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[Lukus]

Its something they cannot control, so that's the point of their bashing crypto. I just hope that in 10 years we Will be completely decentralized and creation of money as we know now for fiat Will cease to exist.

[Omega Weapon]

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.

You are correct, but this is because people want contradictory things, they want governments to leave them alone but they also want heavy regulations to business, they want freedom but not too much, so when people invest invest in icos instead of doing their own due diligence they invest in whatever and lose their money and now they are asking to get government protection despite the fact that an environment like the one we have is going to resist regulation.

[cryptohorsee]

well russia doesnt matter I dont care

[Koadharber]

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.

You are correct, but this is because people want contradictory things, they want governments to leave them alone but they also want heavy regulations to business, they want freedom but not too much, so when people invest invest in icos instead of doing their own due diligence they invest in whatever and lose their money and now they are asking to get government protection despite the fact that an environment like the one we have is going to resist regulation.

Regulation will not most likely to happen and as you said it would really have the resistance which we can barely see for that thing is not possible.Government and other famous people do keep on attacking bitcoin but yet it can really take it down no matter what and i do believe most people wont really care at all no matter what they say but these things are rather important for day traders.If theres a new then there would be a significant movement on the price.

[BTCMILLIONAIRE]

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.

You are correct, but this is because people want contradictory things, they want governments to leave them alone but they also want heavy regulations to business, they want freedom but not too much, so when people invest invest in icos instead of doing their own due diligence they invest in whatever and lose their money and now they are asking to get government protection despite the fact that an environment like the one we have is going to resist regulation.

Yeah, I really wish we would just let people fall face-down into the dirt already so they can start learning and stop being infants in adult bodies.

[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.

This^

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

I cannot wait for that either and I think this is the reason Japan has decided to adopt bitcoin, the government is deeply in debt so they need a new sector of the economy to begin to bring big bucks to the country and I think they are seeing that bitcoin is exactly what they need, a new technology that can be accepted all over the world, if they seize a big section of the market they are going to get a lot of money through investments.

[eaLiTy]

The view from JP Morgan is entirely different,Putin acknowledges that crypto currency are popular and have become a full fledged payment instrument and an investment asset like every other country he is more worried about how to tackle money laundering and other illegal activities and he might be implementing regulations to exchanges and how an ICO is to be run to avoid fraudulent activities.

[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.

I cannot wait for that either and I think this is the reason Japan has decided to adopt bitcoin, the government is deeply in debt so they need a new sector of the economy to begin to bring big bucks to the country and I think they are seeing that bitcoin is exactly what they need, a new technology that can be accepted all over the world, if they seize a big section of the market they are going to get a lot of money through investments.

I really hope that Japan does the right moves with the Blockchain. They could really use it with all their "Karoshi" problems and what not.

Japanese work hours are the number one reason why I decided not to move there, even though I love the country for its natural diversity and food.
Working all day and having very short vacations is completely off-putting for me though.

But at the very least it'll make a great place for holidays if they start accepting cryptos all over the place, so I'm looking forward to that.

[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.

This^

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

I cannot wait for that either and I think this is the reason Japan has decided to adopt bitcoin, the government is deeply in debt so they need a new sector of the economy to begin to bring big bucks to the country and I think they are seeing that bitcoin is exactly what they need, a new technology that can be accepted all over the world, if they seize a big section of the market they are going to get a lot of money through investments.

I really hope that Japan does the right moves with the Blockchain. They could really use it with all their "Karoshi" problems and what not.

Japanese work hours are the number one reason why I decided not to move there, even though I love the country for its natural diversity and food.
Working all day and having very short vacations is completely off-putting for me though.

But at the very least it'll make a great place for holidays if they start accepting cryptos all over the place, so I'm looking forward to that.

Yeah, the work ethic of the Japanese is insane, I love the country and its culture but I prefer my relaxed job than to slave away the rest of my life in an office, however if adoption is really massive then they could see a lot of tourism coming to their lands, I do not have the money to try that now but I think in a few years I could do it so that gives me time to see how things evolve in Japan and if they really adopt bitcoin as an everyday payment method.

[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.

I cannot wait for that either and I think this is the reason Japan has decided to adopt bitcoin, the government is deeply in debt so they need a new sector of the economy to begin to bring big bucks to the country and I think they are seeing that bitcoin is exactly what they need, a new technology that can be accepted all over the world, if they seize a big section of the market they are going to get a lot of money through investments.

I really hope that Japan does the right moves with the Blockchain. They could really use it with all their "Karoshi" problems and what not.

Japanese work hours are the number one reason why I decided not to move there, even though I love the country for its natural diversity and food.
Working all day and having very short vacations is completely off-putting for me though.

But at the very least it'll make a great place for holidays if they start accepting cryptos all over the place, so I'm looking forward to that.

Yeah, the work ethic of the Japanese is insane, I love the country and its culture but I prefer my relaxed job than to slave away the rest of my life in an office, however if adoption is really massive then they could see a lot of tourism coming to their lands, I do not have the money to try that now but I think in a few years I could do it so that gives me time to see how things evolve in Japan and if they really adopt bitcoin as an everyday payment method.

Yeah, if it'll ever be possible to move to Japan easily as a foreigner without having to get a job I would probably move there. The country is just way too beautiful and has a lot of variation in scenery that can rarely be found in other places. And the food is just insanely good, probably my favourite place in the world when it comes to dining.

[Shishir99]

Vladimir Putin: Cryptocurrency Poses 'Serious Risks'

let's see who huts the most putin or jp morgan....

https://www.coindesk.com/vladimir-putin-cryptocurrency-poses-serious-risks/

I think it is some kind of tricks.
When bitcoin or other cryptocurrencies price increase massively they come with a negative news to stop the price from increasing.
It might be whale game also.
But it is a opportunity to get everything very cheap.
Remember nobody can stop bitcoin.

[denzkilim]

Bitcoin and other crypto currencies are real risk to government specially those corrupt government because bitcoin and other alt coin don't have taxes to pay to those hungry government sharks.  Specially in our country where almost all of the government officials are corrupt from the lowest position to the highest position. 

[Shishir99]

Bitcoin and other crypto currencies are real risk to government specially those corrupt government because bitcoin and other alt coin don't have taxes to pay to those hungry government sharks.  Specially in our country where almost all of the government officials are corrupt from the lowest position to the highest position. 

I totally agree with you.
Government don't like cryptocurrency because they cannot control it.
Few government are trying to regulate it.
But they can not stop people to invest in cryptocurrency.
In our country cryptocurrencies are illegal to buy and sell.
But people are buying and selling silently.
I hope it will be legal one day.

[bobitza]

Vladimir Putin: Cryptocurrency Poses 'Serious Risks'

let's see who huts the most putin or jp morgan....

https://www.coindesk.com/vladimir-putin-cryptocurrency-poses-serious-risks/

From the perspective of the leaders, I think his speech is really accurate. Bitcoin is just a cryptographic currency operating in the market, it does not have the foundation to secure value, so, it carries huge risks.

[cafucafucafu]

Vladimir Putin: Cryptocurrency Poses 'Serious Risks'

let's see who huts the most putin or jp morgan....

https://www.coindesk.com/vladimir-putin-cryptocurrency-poses-serious-risks/

These news are no big surprise to me anymore.

Every single day someone is going to come out and say something that is completely anti-bitcoin. And apparently the president of Russia is no exception. However, as a reminder their central bank is apparently exploring the possibility of implementing a crypto rouble, which is quite contradictory to putin's point.

I mean it makes sense that he hates it. It takes direct control from him.

[fruitybatman]

Just more attempts to suppress the price as long as they can, so they can buy it up. Been going on since Bitcoin started. They said the same things about the Internet, Apple, Google, Amazon. Read between the lines and think outside the box.

[pjwaffle]

you should not believe in what politicians say. Sometimes they say to protect their purposes. You just believe yourself, don't trust anyone. That's all!

[yua_na]

In my opinion and it is happened always in crypto. When there is the big FUD there is a bullish market and when we hear the very good news the coin could be in bearish. Thats why when i saw the news about bitcoin from jp morgan and putin i buy more. That is always happened from 2014 i dont know why.

[BCEmporium]

Vladimir Putin: Cryptocurrency Poses 'Serious Risks'

let's see who huts the most putin or jp morgan....

https://www.coindesk.com/vladimir-putin-cryptocurrency-poses-serious-risks/

These news are no big surprise to me anymore.

Every single day someone is going to come out and say something that is completely anti-bitcoin. And apparently the president of Russia is no exception. However, as a reminder their central bank is apparently exploring the possibility of implementing a crypto rouble, which is quite contradictory to putin's point.

I mean it makes sense that he hates it. It takes direct control from him.

Did you read and research the news? There's a full interview where you can see that Putin didn't speak out against crypto as a whole and doesn't want to create "unnecessary regulations" that could hinder the development of blockchains.