Is this a new BIG BTC buy signal???

[Pursuer]

this is just another sad attempt by desperate people who are in bitcoin market but have no understanding of how things work in it. we have seen a very similar thing in the past 4 or 5 months from probably same people who were constantly making up stories about how big amounts of bitcoin are being sold on exchanges. amounts that were always in billions of dollars and they thought they could cause a panic by spreading that FUD and now they think they can create a hype by spreading nonsense again and make some of the money they lost back!

[hahay]

Yes I have read this news before and for me personally it will not be easy to believe something that is on the news, just making it as a motivation in my opinion it will be fine but I hope you are not so 100% to believe it, however the market will recover soon someday. So without the need to expect the effects of a news I think we should believe because there are still many problems that I see for bitcoin to recover.

[partysaurus]

Russia to buy $10billion in BTC to evade US sanctions...

https://www.infowars.com/russia-to-buy-up-to-10-billion-in-bitcoin-to-evade-us-sanctions-report/

nothing confirmed , still just a rumor , but if its true its a massive buy signal. might be worth to gamble on the rumors being true though.

[ipanks]

I think if Russia buys $10billion worth in BTC, the market will move up and down too fast because traders will panic to see the price going to somewhere and they will think that there is something happen in the market. But so far, I don't see any significance in the market, and the chart is on the sideways. But Russia can diversify their buying price into many prices and they can get lower price too by doing that, and I think they can get more and more bitcoin.

[kaisa]

Rationally, I agree with the video but basically, all of that is on an agreement. Fiat was created also part of the agreement. The central bank has a bad system that makes a person or organization get into trouble even the country can have problems. While Bitcoin does not only move numbers, but the numbers are confirmed by many people and are public. Whereas the banking system is only the two parties who can know. I have done an ATM transaction failed but my money was deducted and had to take care of the nearest branch office, they said I had made a transaction and finally I lost my money.

[kelz1]

This is not fake news or confirmed so at the moment it's a rumour without any serious substance. It could have some truth, and it's highly possible that other countries are doing the same. We know north korea is doing it so why not russia

[jake zyrus]

Maybe you can take this signal and buy bitcoin, by the way I check today bitcoin have growing up although with small change, but it will be the way how bitcoin will growing up at the next time, keep hold and make re investing your money at bitcoin to earn much profit.

Really that's good news we see a sign that bitcoin growing up now even a little changes it's good for us. I am continues invest in bitcoin and wait for a while cause I know my investment here will gain high profit.

[AGD]

This 'BIG' news moved the price +100$/BTC at max/if any.

[bittraffic]

If they are to invest in BTC why would they just put $10B that is too small for the risk.
But if its true, it still can be making the price go up a bit. There are few things they would consider before doing so, why BTC when they do have their own like ETH. Easy for them to do that.

[Ezenwanyi1]

I disagree that the amount involved if true could make bitcoin price to rise.
We need to understand that the price of bitcoin at any point in time do not pander to the factor of demand and supply.
It is more of a speculative market .

[bitbunnny]

It doesn't look like that to me. Price is fluctuating up and down but actually in rather small range and it's not stable not in growing or falling. But to my opinion there is no simple way to make market and price grow and especialy not taken by individuals or groups. And market is functioning more complex than just supply and demand ratio.

[proTECH77]

Russia to buy $10billion in BTC to evade US sanctions...

https://www.infowars.com/russia-to-buy-up-to-10-billion-in-bitcoin-to-evade-us-sanctions-report/

When there is high demand the possibility of Bitcoin price to rise is achievable even as it was achieved in 2017. Candidly speaking, the possibility of the Russian government to buy $10billion in Bitcoin might just be a fallacy as no human in their right senses will push in such amount of TAX payers money into what i called "Globally Unacceptability currency with the issue of it usability". We should wait for more news which will likely spike off Bitcoin buy signals.

[TradingIsBreath]

this is a big ass "rumor" which is most probably not even correct. not to mention that it is impossible to buy $10 billion worth of bitcoin without pushing its price to more than $1 billion because of the smallness of the market!

in any case you should always look at the charts not the news sites if you want to find any kind of signals. and so far charts show the same sideways action without any major movements but a rather high volume.

Exactly, Fundamental analysis has it is own preference but, if are good at reading charts and you have tight stop-loss while trading then you are safe. Such rumors are not worth a traders time.

[emilanea56]

No, I dont think bitcoin is gonna go up now, by long decreasing I think it will fall again

[mersal]

No, I dont think bitcoin is gonna go up now, by long decreasing I think it will fall again

I expecting a lot of development from the side of cryptocurrency especially Bitcoin in this year if Bitcoin will not going right way then I can definitely withdraw from this business and need to change that arts from the development of cryptocurrency.

[Kemarit]

Nah, I'm not buying this news. Why would Russia put all their money in Bitcoin? just to hedge because of the economic sanctions from the West? LOL. I'm sure his advisors know how volatile crypto market is, and the risk is higher so I doubt that a country will just go and say "let's go full crypto" today and wait till the price goes up in the future.

You really need to read between the lines with crypto media nowadays, because everything that is reported is like to sway the minds of investors to invest or worst, to panic sell. For me this is just a rumor and nothing else.

[kucritt]

i dont think that is the real news, but i think there are happen in bitocin, why? because today, the price of bitcoin is rise up, but when i do some research why the priceof bitcoin is increasing, i dont get any information about it

[Johninthai]

How can one even believe this is true ?? Mind-boggling. Russia is exchanging some of its currency to euro and yen NOT to bitcoin. Anybody believing stories like this are delusional.

[Xenon143]

.. my 2 Satoshi worth.  

If there is an element of truth that a country like Russia starts buying BTC - increasingly -  then other countries will have to follow for FOMO, to avoid competitive trade disadvantage and to stop Russia from having too much influence on BTC holdings, and price.  That would be an imperative.  Just because there doesn't appear to be much price activity atm doesn't mean it couldn't all go up much much quicker than in 2017, IMO, as countries put large potential buy strategies in place using intermediary cyptos, just in case, like Russia.

I think this will certainly happen when other countries start dumping their US$ holdings and there is a race to the bottom with other currencies having to devalue as the world economy declines. In this case, BTC price to the moon when simply priced against devalued fiat currency.

I'm not buying more because of this article, just HODLing what I have and hoping that the biggest whales (countries) will one day soon compete to snap them up...

[Siren]

If they are to invest in BTC why would they just put $10B that is too small for the risk.
But if its true, it still can be making the price go up a bit. There are few things they would consider before doing so, why BTC when they do have their own like ETH. Easy for them to do that.

That's it mate,knowing how russian governments assets ,i dont think they will just invest $10billion when they are fighting against US government,they can put a trillion dollars to make the evasion more efficient,but the sad thing is the two big countries lik US and Russia will not go this area of battle instead they will have for sure more accurate strategy than using the decentralization of cryptocurrency