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Author Topic: Russia central bank bans Bitcoin  (Read 14291 times)
knightcoin
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January 27, 2014, 05:58:42 PM
 #41

Additionally, the article mentions concerns that Bitcoin is anonymous. Someone needs to educate the general public that Bitcoin is in effect less anonymous than fiat. You never know where that bank note was before it ended up in your hands, yet most Bitcoin transactions can be traced back and, with sufficient data analysis, grouped to be attributed to persons or organisations. Governments should love them... or not?

Governments would hate their own spending to be tracked.

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Sonny
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January 27, 2014, 06:05:59 PM
 #42

Additionally, the article mentions concerns that Bitcoin is anonymous. Someone needs to educate the general public that Bitcoin is in effect less anonymous than fiat.

Exactly.
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January 27, 2014, 06:48:25 PM
 #43

Bitcoin is a homosexual conspiracy. The blockchain turns Russian children into gay lords overnight. A ban was always going to happen.
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January 27, 2014, 06:54:05 PM
 #44

In Russia any warnings from government are permanently treated as law. Nobody wants to play games with mr. Putin here.

For example, on government conference, Putin was dissatisfied with Mechel company suspected in some strange financial activity. He asked to bring him Mechel CEO right now for explanations. CEO said he feel not good and can't arrive right now. Then Putin said, all right,  we will send him a DOCTOR.

Mechel rates dropped 50% instantly ))

http://www.forbes.ru/kompanii/tyazhelaya-promyshlennost/247346-doktor-ne-prishel-pochemu-obvalilsya-mechel

knightcoin
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January 27, 2014, 06:55:41 PM
 #45

Bitcoin is a homosexual conspiracy. The blockchain turns Russian children into gay lords overnight. A ban was always going to happen.

wow, such a vodka Wink

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January 27, 2014, 06:58:34 PM
 #46

In Russia any warnings from government are permanently treated as law. Nobody wants to play games with mr. Putin here.

Well, "there's no fucking entry point in years" anyway, as you explicitly said around first China news in early December, so why would you care? Tongue

Maybe because you wouldn't give lot of fuck about Putin if it could be bought cheaper?  Grin

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BitcoinAshley
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January 27, 2014, 07:05:32 PM
 #47

In Russia any warnings from government are permanently treated as law. Nobody wants to play games with mr. Putin here.

Yes, this is why all homosexuals IMMEDIATELY stopped having buttsecks when Mr. Putin's government began warning about the dangers of homosexuality.

There is absolutely NO buttsecks in Russia right now, just like there is no bitcoins.
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January 27, 2014, 07:07:56 PM
 #48

In Russia any warnings from government are permanently treated as law. Nobody wants to play games with mr. Putin here.

Yes, this is why all homosexuals IMMEDIATELY stopped having buttsecks when Mr. Putin's government began warning about the dangers of homosexuality.

There is absolutely NO buttsecks in Russia right now, just like there is no bitcoins.

He is very good TA analyzer but boy he looks such a twat when he is in FUD spreading mode.

His "There is no fucking entry point in years" from early December  is probably most retarded sentence ever wrote on this forum.

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masterluc (OP)
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January 27, 2014, 07:11:34 PM
 #49

Yes, this is why all homosexuals IMMEDIATELY stopped having buttsecks when Mr. Putin's government began warning about the dangers of homosexuality.

There is absolutely NO buttsecks in Russia right now, just like there is no bitcoins.
Oh. Again gays. Gays are not prohibited to fuck each other in ass here. But prohibited to spread this lifestyle. And of course,  no gay marriage. We have different culture here.

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January 27, 2014, 07:17:21 PM
 #50

In Russia any warnings from government are permanently treated as law. Nobody wants to play games with mr. Putin here.

Probably not this kind of public warning. It's more like you get a private call, and some nice people tell you your business needs to be shut down, or sold to a nice person at 10% the market price. As soon as your business grows large enough to be noticeable, you are likely to get this call anyway, warning or no warning.
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January 27, 2014, 07:17:26 PM
 #51

World governments declaring war against bitcoin

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January 27, 2014, 07:19:19 PM
 #52

Bitcoin is a homosexual conspiracy. The blockchain turns Russian children into gay lords overnight. A ban was always going to happen.

Finally, somebody gets it!
porcupine87
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hm


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January 27, 2014, 07:23:22 PM
 #53

Additionally, the article mentions concerns that Bitcoin is anonymous. Someone needs to educate the general public that Bitcoin is in effect less anonymous than fiat.

Exactly.


I would not say that. But you can give us your bank wire i or credit card informtions, like you give us your bitcoin address Smiley

"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
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January 27, 2014, 07:35:11 PM
 #54

In Russia any warnings from government are permanently treated as law. Nobody wants to play games with mr. Putin here.
Another example. Large Russian exchange Metabank halted operations immediately

https://metabank.ru

masterluc (OP)
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January 27, 2014, 07:44:51 PM
 #55

Waiting for webmoney reaction. However wmx issuer is not Russian resident, as well as webmoney itself.

But WMR issuer is a resident and a lot of webmoney liquidity circulated across Russian offline and online exchanges. So webmoney being non residential company is vulnerable to government pressure.

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January 27, 2014, 08:01:00 PM
 #56

How is Keiser going to report this news  Cheesy
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January 27, 2014, 08:30:38 PM
 #57

How is Keiser going to report this news  Cheesy

I hate that fkn wanker for telling his 'followers' to pile into $50 silver about as much as I hate fkers on here telling me to hold my $1100 Bitcoins (I sold).

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January 27, 2014, 08:37:01 PM
 #58

How is Keiser going to report this news  Cheesy

This is a real test for Max. He either tears shreds off the Russian CB on RT, or he resigns and moves his show to another channel. Al Jazeera might be a better option now!

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January 27, 2014, 10:44:52 PM
 #59

what is really disturbing in this "warning" is IMHO the last paragraph

Quote
The Bank of Russia has warned that Russian legal entities providing services for the exchange of "virtual currency " in rubles and foreign currency , as well as for goods (works , services ) will be considered as a potential involvement in the implementation of suspicious transactions in accordance with the legislation on counteraction to legalization (laundering ) proceeds of crime and financing of terrorism.

So if you are exchanging money or goods or services for bitcoins - you are labeled as "potentially involved in ... money laundering and financing of terrorism"

Immediately after this warning the only store on coinmap in my town, St. Petersburg - killfish.ru stopped to accept bitcoin
http://killfish.ru/news/736.html  Angry
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January 28, 2014, 12:35:16 AM
 #60

In short: Central Bank of Russia prohibits any (really any) usage of Bitcoin and will treat it as criminal activity and terrorism support.

Bank of Russia is just another Central Bank llluminati style like all the Rothchild Central Banks around the world - except in Iran, N-Korea, Syria, Libya, Iraq, … oops, cancel the last two.

No particular news here. Another head of the same beast.


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