[2017-11-08] RUSSIA STARTS BLOCKING CRYPTOCURRENCY-FOCUSED SITES

[Isaak Bitcoin]

The Russian government is blocking everything that it can not fully control. Wild country, medieval manners.

[Marucya]

The words and actions of representatives of public authorities in Russia do not lend themselves to logic. They first talk about adherence to the crypto currency and immediately begin to restrict their citizens even in the issue of communication on the topic of crypto currency. This behavior is rather strange and does not bode well. It seems that for the citizens of Russia who want to deal with crypto currency, hard times will come.

[Spaffin]

What authorities of Russia did not like these crypto-currency sites? I would like to hear some explanation from them about their actions. This ban sites is somehow illogical. Or is it really just a test of how society will react to such a ban, then to conduct a more serious attack on the crypto currency.

[ORCAf]

Boom!

This happens

https://news.bitcoin.com/sberbank-buying-graphics-cards-russian-market/

[noochiray]

"The reason for the deficit in the video card market was Sberbank, buying up video cards for its laboratory of artificial intelligence."

Do you believe it? What kind of AI does Sberbank need? I didnt heard anything from Gref (CEO and Chairman of the Executive Board) about these plans. Governance in Russia tells only lies.

So it is logical to close exchanges "to control" crypto.

cyки...

[Proton2233]

"The reason for the deficit in the video card market was Sberbank, buying up video cards for its laboratory of artificial intelligence."

Do you believe it? What kind of AI does Sberbank need? I didnt heard anything from Gref (CEO and Chairman of the Executive Board) about these plans. Governance in Russia tells only lies.

So it is logical to close exchanges "to control" crypto.

cyки...

It seems to me that Putin's friends have decided to earn money due to the fact that put in the work of the GPU which I bought due to the budget. What kind of artificial intelligence in Russia can be discussed? Lol. Poor, technically backward country. Still laboratory at the Bank. Does anyone Russian would believe in such nonsense?

[MoonJeina]

Which sites? The article doesn't name any. They could be total obscurities for all we know, and knowing how clueless the Russians have been so far they probably are.

What's the score with VPNs in Russia? Are they going for a Chinese style wipe out of all of them? Russia is a strange place indeed.

Yes exactly ..
If they are , then sites must be specified . If this is really happening then bitcoin and ICOs must be ready for a downfall .
Russian users must convince their government to stop this .

[Theb]

saying that “ordinary people” are ill-equipped to deal with such “very dangerous investments that could lead to loss of money.”

The article have a very interesting line to be read and while we are wondering what are those websites are about it gives us a hint that the thirteen websites related to cryptocurrencies that are blocked in Russia right now might be related to HYIPs and other forms of investments. If my understanding is true then the Russian Government has done well in protecting its citizens against a potential scam.

[DannaWonder]

saying that “ordinary people” are ill-equipped to deal with such “very dangerous investments that could lead to loss of money.”

The article have a very interesting line to be read and while we are wondering what are those websites are about it gives us a hint that the thirteen websites related to cryptocurrencies that are blocked in Russia right now might be related to HYIPs and other forms of investments. If my understanding is true then the Russian Government has done well in protecting its citizens against a potential scam.

Is this the reason why less number of ICO's are being released now a days because Russia is also leaving the crypto currency world. Most ICOs are created by Russians and I noticed that unlike before ICOs are lessen.