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Author Topic: Another crypto ban again?  (Read 331 times)
20kevin20
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March 26, 2020, 09:53:11 AM
 #41

yeah it sucks, but why do we care again?
I mean their govs has somewhat influence on other countries, but overall I don't think that russia has big part of overall crypto market cap, so we shouldn't be bummed out
I care because if this becomes a trend countries follow, yours could be next and you'd be directly affected by it so would the prices of cryptocurrencies. It shows and proves me how scared they are of us at the same time though Cheesy





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March 28, 2020, 09:11:11 AM
 #42

I don’t know if they did, but if that’s true, there is no way that they can identify cryptocurrency users, if there is , then I am not aware of that. They can only be able to stop cryptocurrency exchanges by issuing out orders to their banks to not offer services to cryptocurrency exchanges. Without banks there is no way that cryptocurrency exchanges will be able to function.

Most people prefer to make use of centralized exchanges and when there are no centralized exchanges they will lose interest and stop trading cryptocurrency. But, there are people who are die hard and will continue to buy and sell cryptocurrency through decentralized exchanges; those are the people you can’t stop.
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March 28, 2020, 10:24:56 AM
 #43

Cyprotalk is a forum that managed by Yobit and the administrators are mostly Russian, so if they are going to be hard on Crypto supporters Yobit and Cryptotalk are two of the websites that will have problems with authorities so let's see how are Yobit going to deal with this scenario.



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March 28, 2020, 10:27:32 AM
Last edit: March 28, 2020, 01:54:01 PM by shadowdio
 #44

There is another down fall in the market if this news is true. Many Russians using cryptocurrencies I don't think if they can accept that they will never use crypto. Well let's hope this is fake news because you know many fake news in social media.

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March 28, 2020, 10:34:18 AM
 #45

Don't always fully trust information from Russia because there has always been a conflicting report about Cryptocurrency regulations. This information will take another journalism by tomorrow, maybe reporters always misinterpret the Russian top officials.

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March 28, 2020, 01:02:44 PM
 #46

The issue with Russia is that one do not really know where they stand when it comes to Crypto, I think they are looking at it and saying it has advantages but also there are disadvantages to the Government also because Government never wants to lose the control of their monetary system, this more of a dilemma for them I think

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March 28, 2020, 03:54:36 PM
 #47

Cyprotalk is a forum that managed by Yobit and the administrators are mostly Russian, so if they are going to be hard on Crypto supporters Yobit and Cryptotalk are two of the websites that will have problems with authorities so let's see how are Yobit going to deal with this scenario.
I don't even think if that will happen again. I remember when yobit gets an accusation that comes from the lawyer in russia but it's still operated. That means what has already taken by russia ministry can't be considered as a real thing. there are so many uncertainties with it.

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March 28, 2020, 06:35:08 PM
 #48

I don’t know if they did, but if that’s true, there is no way that they can identify cryptocurrency users, if there is , then I am not aware of that. They can only be able to stop cryptocurrency exchanges by issuing out orders to their banks to not offer services to cryptocurrency exchanges. Without banks there is no way that cryptocurrency exchanges will be able to function.

Most people prefer to make use of centralized exchanges and when there are no centralized exchanges they will lose interest and stop trading cryptocurrency. But, there are people who are die hard and will continue to buy and sell cryptocurrency through decentralized exchanges; those are the people you can’t stop.
There's no way.
Only through legal means that they can ban crypto, but I highly doubt that they can stop people from using it. Ban just gives the partial effect of stop using but that effect doesn't stop the hands of people to still at least hold some crypto coins especially that it is a decentralized asset, and no one would see how much you're hodling unless you just expose yourself to the public.

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March 28, 2020, 07:18:27 PM
 #49

There is another down fall in the market if this news is true. Many Russians using cryptocurrencies I don't think if they can accept that they will never use crypto. Well let's hope this is fake news because you know many fake news in social media.
All we have to do is to wait for the confirmation coming from those active members here  who also residing from Russia, they're the one who can verify the legitacy of this news, though there are already concerned from this country which is not really in adoption period for this industry, let's see if how this information will be verified and what will be the impact from the entire network.

                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                 
                                  
                                  
                                  
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March 28, 2020, 07:24:09 PM
 #50

I don't think this news is true not even this time that every country is trying to safeguard it's citizens from the pandemic. Russia ban wont stop  crypto operation. This is exactly why people prefer cryptocurency because of the anonymity but once that is removed the we are back to base.

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March 31, 2020, 02:23:11 PM
 #51

You can try to ban crypto in any nation as much as you want, it will not be "banned" like the other illegal stuff. When you kill someone you do something illegal and you get caught, the proof that you killed someone is literally that person being dead, when you steal from someone they no longer have that money and you do, that is the proof.

When you use bitcoin, there is nothing illegal going on aside from using a currency not allowed, that is not provable as long as you do not spend it on something that can be proven, you can buy and hold without any proof, any trace and you can continue to live like that until it becomes legal. So long story short, bitcoin can't be banned, it can't be stopped, it can never be "illegal" like the other stuff, it can only be "frowned upon" at most.

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March 31, 2020, 02:39:04 PM
 #52

Is this news true? For the past few weeks I haven't seen any such news from the official websites talking about crypto, if Russia banned crypto then I think we would lose a large number of investors and many big projects in this market

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March 31, 2020, 02:53:21 PM
 #53

Is it true that Russia wants to ban crypto? I read on news now that Russia bans cryptocurrency payments and their gov wants all Russian crypto owners to be identified, what is the real reason why Russia becided to make this move? full news below

This is a communist country they want to control anything that can threaten their system, this is not new to the communist type of countries, they always find ways to control their people and to protect their system, but the Crypto community in Russia are flexible they can always find a way and compromise, to protect their interest, the Crypto community in Russia can become a big threat to them if they become hard on them.


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March 31, 2020, 03:11:58 PM
Merited by masyari (2)
 #54

Almost all news from Russia about cryptocurrencies is attempts by their authorities to either ban it up to criminal prosecution, or to implement total supervision and full regulation.
What did you expect from a country where the same KGB agent has been in presedency for 20 years?



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March 31, 2020, 03:13:01 PM
 #55

Read about their central bank that stated they cannot ban crypto because it's impossible.

They say one thing and think another. I will remind you that these guys are still trying to block telegram and sometimes the next mass ip bans leads to the fall of a bunch of ru-services that are hosted on Amazon ip



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March 31, 2020, 11:33:47 PM
 #56

banning crypto currencies will be difficult, Russia has told the media if they will ban crypto currencies, and in fact crypto currencies are truly decentralized, crypto currencies cannot be banned, only rules can limit them

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April 01, 2020, 03:52:29 AM
 #57

I don't think this news is true not even this time that every country is trying to safeguard it's citizens from the pandemic. Russia ban wont stop  crypto operation. This is exactly why people prefer cryptocurency because of the anonymity but once that is removed the we are back to base.
Yes, crypto operations will not be stopped in general, only when some countries make restrictions not to leave the house and may not sit in groups, then indirectly our working conditions have begun to be slightly disturbed by these rules.

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April 01, 2020, 06:02:18 AM
 #58

there is info about Japan banning foreign exchanges on their territory for japan citizens.
every month there will be bad news , but we all need to believe that govs of countries will eventually make the right decision
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April 01, 2020, 06:15:13 AM
 #59

there is info about Japan banning foreign exchanges on their territory for japan citizens.
every month there will be bad news , but we all need to believe that govs of countries will eventually make the right decision
It is natural that Japan prohibits the exchange of foreign currencies in their territory for Japanese citizens, because their government has the authority to do so and Japan is a developed country and has many advanced technologies that are not owned by other countries, so it is very reasonable even though there is influence for something else.

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April 01, 2020, 06:25:32 AM
 #60

I did not hear such type of news from any authentic media or Russian person. If this is true then this is really bad news for all crypto lovers specially for Russian people. I will request please first confirm then share the news about Crypto as you all know Crypto market totally depends on Good and bad news.

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