Putin: Who can stop Bitcoin? No one.

[Botnake]

Bitcoin is already 100k so the only thing that will make bitcoin to decrease in value is the determinant of the market so the negative information come affect a Bitcoin increment can also make Bitcoin neither to depreciate or to increase,....

Bitcoin has decreased and is now trading at $97K, maybe we can call this a minor correction. However, I see Putin’s comments having a positive effect on Bitcoin in the long run. There’s already so much hype right now, mostly centered around Trump.

If Bitcoin pumps further, then so be it, but in the short term, corrections are always inevitable.

[boyptc]

If he really said that? that's the buying signal or it's going to be an opposite signal that we should be wary of? Every leader has their own stance with these financial instruments that the world is ever having now.

Most of these world leaders are doing everything so that they can stockpile all of the resources, not just natural but also those financial assets that they will benefit from when some triggers happen.

We can remember that they've been sanctioned by the US and so, they have no other option for the payments processor that they need to do. So, it's not only about Bitcoin as an asset to them but also a gateway of money, in and out of Russia.

[ancafe]

Bitcoin has decreased and is now trading at $97K, maybe we can call this a minor correction. However, I see Putin’s comments having a positive effect on Bitcoin in the long run. There’s already so much hype right now, mostly centered around Trump.

If Bitcoin pumps further, then so be it, but in the short term, corrections are always inevitable.

Although now getting a correction bitcoin has crossed the limit at a price of $104k and this shows how strong bitcoin is in its influence. Putin's comments did have a little effect on bitcoin but that is nothing to worry about because it usually only has an effect in the short term. I also want to wait for the realization of Trump's promise and if it goes according to what he said then bitcoin will get another long rally to determine the consolidation towards a new direction for its price.

Increases and corrections will always happen in the market and it will continue to happen all the way and in the end nothing can stop bitcoin's journey because the power to survive and continue to make consolidation increases so quickly. We will be in a pretty exciting moment because we see the price of bitcoin continue to rise non-stop for the future.

[betswift]

If he really said that? that's the buying signal or it's going to be an opposite signal that we should be wary of? Every leader has their own stance with these financial instruments that the world is ever having now.

Most of these world leaders are doing everything so that they can stockpile all of the resources, not just natural but also those financial assets that they will benefit from when some triggers happen.

We can remember that they've been sanctioned by the US and so, they have no other option for the payments processor that they need to do. So, it's not only about Bitcoin as an asset to them but also a gateway of money, in and out of Russia.

Yeah, it's more like a possibility for them to bypass at least some of the restrictions imposed on them.
Though, as of today, BTC got dragged to 89k and back up a bit, didn't understand specifically why currently

[fikrett]

Bitcoin is already 100k so the only thing that will make bitcoin to decrease in value is the determinant of the market so the negative information come affect a Bitcoin increment can also make Bitcoin neither to depreciate or to increase,....

Bitcoin has decreased and is now trading at $97K, maybe we can call this a minor correction. However, I see Putin’s comments having a positive effect on Bitcoin in the long run. There’s already so much hype right now, mostly centered around Trump.

If Bitcoin pumps further, then so be it, but in the short term, corrections are always inevitable.

Yeah, some dips are inevitable along the lines, but I didn't understand what caused that one up to 89k and then back up to 98k or so.
A correction would be going as far as 15-20 or more percent.

[john_egbert]

Bitcoin has decreased and is now trading at $97K, maybe we can call this a minor correction. However, I see Putin’s comments having a positive effect on Bitcoin in the long run. There’s already so much hype right now, mostly centered around Trump.

If Bitcoin pumps further, then so be it, but in the short term, corrections are always inevitable.

Although now getting a correction bitcoin has crossed the limit at a price of $104k and this shows how strong bitcoin is in its influence. Putin's comments did have a little effect on bitcoin but that is nothing to worry about because it usually only has an effect in the short term. I also want to wait for the realization of Trump's promise and if it goes according to what he said then bitcoin will get another long rally to determine the consolidation towards a new direction for its price.

Increases and corrections will always happen in the market and it will continue to happen all the way and in the end nothing can stop bitcoin's journey because the power to survive and continue to make consolidation increases so quickly. We will be in a pretty exciting moment because we see the price of bitcoin continue to rise non-stop for the future.

Probably so.
The promises of politicians overall can only be a trigger to what is already in place and waiting to be put into work, - they don't control the sentiment in the full extent, and that's good.
Even though we experience a dip in price - that's okay too.
Better prices to catch 

[boyptc]

If he really said that? that's the buying signal or it's going to be an opposite signal that we should be wary of? Every leader has their own stance with these financial instruments that the world is ever having now.

Most of these world leaders are doing everything so that they can stockpile all of the resources, not just natural but also those financial assets that they will benefit from when some triggers happen.

We can remember that they've been sanctioned by the US and so, they have no other option for the payments processor that they need to do. So, it's not only about Bitcoin as an asset to them but also a gateway of money, in and out of Russia.

Yeah, it's more like a possibility for them to bypass at least some of the restrictions imposed on them.

They were able to surpass and bypassed the sanction that has been imposed to them when the war they've started with Ukraine has started.

I don't know what's the actual situation inside there but it seems that people are still having a normal life as if there's no ongoing war that's happening.

Though, as of today, BTC got dragged to 89k and back up a bit, didn't understand specifically why currently

IMHO, it's very simple.

The whales just took some money for them to shop for anything they want.

[betswift]

Though, as of today, BTC got dragged to 89k and back up a bit, didn't understand specifically why currently

IMHO, it's very simple.

The whales just took some money for them to shop for anything they want.

Maybe you are right.
Alas, they will need to shop more, so let's see how BTC will break charts again in the future 

[Free Market Capitalist]

The day of those statements, two days ago, was the same day that Jerome Powell said he did not see bitcoin as a competitor to the dollar, and between one thing and another it seems to have been what catapulted the price.

Though, as of today, BTC got dragged to 89k and back up a bit, didn't understand specifically why currently

IMHO, it's very simple.

The whales just took some money for them to shop for anything they want.

It is always the same. There will be minnows who bought as soon as the $100K price passed and were fleeced by the whales betting short.

[yudi09]

The title is true and the practice is also true that no one can stop Bitcoin and no one can control Bitcoin except its owner.
Now with several statements from influential state officials, it can be the answer that Bitcoin is a currency that can provide solutions to world economic problems. There is no longer any debate about the benefits of Bitcoin. It is increasingly clear that Bitcoin is the best.

[dkbit98]

Something doesn't feel right to me, Putin saying this and Trump posting tweet with bitcoin 100k celebration.
Maybe it's not easy to stop Bitcoin and shut down all miners, but they can influence and make damage for sure.
Simple way to stop bitcoin in many parts of the world (if not all)  is to cut the undersea internet cables, and it's not like that didn't happen several times already.
Whatever politicians say it's usually not true.

[bettercrypto]

If I were to just base it on the title, it is true that no one can stop bitcoin and add that no one can control bitcoin in the reality of life,
and that has been proven by bitcoin's 15 years of existence in this industry.

And there is nothing more to prove, bitcoin is really successful, and the other cryptocurrencies are still in this field of the crypto business industry.
Many have tried to control bitcoin but they all failed in their efforts.

[hero_the_bossman]

If I were to just base it on the title, it is true that no one can stop bitcoin and add that no one can control bitcoin in the reality of life,
and that has been proven by bitcoin's 15 years of existence in this industry.

And there is nothing more to prove, bitcoin is really successful, and the other cryptocurrencies are still in this field of the crypto business industry.
Many have tried to control bitcoin but they all failed in their efforts.

Nobody will control BTC, but BTC will influence the ones around it.
 

[betswift]

Something doesn't feel right to me, Putin saying this and Trump posting tweet with bitcoin 100k celebration.
Maybe it's not easy to stop Bitcoin and shut down all miners, but they can influence and make damage for sure.
Simple way to stop bitcoin in many parts of the world (if not all)  is to cut the undersea internet cables, and it's not like that didn't happen several times already.
Whatever politicians say it's usually not true.

It's a "Apocalypto" scenario, if you ask me.
We won't live long enough to see the people trying to harm BTC in such a direct way 

[Z-tight]

Though, as of today, BTC got dragged to 89k and back up a bit, didn't understand specifically why currently

I'll just take that to be a small correction, many people spoke about a correction once BTC hit $100k and i believe that is what happened, probably some people selling because their target of $100k has been reached.

Simple way to stop bitcoin in many parts of the world (if not all)  is to cut the undersea internet cables, and it's not like that didn't happen several times already.

If such a thing is to happen, surely it would not affect only BTC, but everything that requires internet connection to function, and that's a whole lot.

[Lucius]

It's funny how people don't realize what this means. Putin's statement means that Bitcoin is going to change the fate of economics and trading significantly.

It's ridiculous that you think any dictator would give up all the tools that allow him to be in power in favor of a decentralized cryptocurrency like Bitcoin. The fact is that every country is economically strong to the extent that its national currency is strong - imagine an economy that relies on the price of BTC, what happens if in one day the value drops by 10% or 50% compared to any other currency?

Bitcoin is too big to ban, it's also an online currency, it's impossible to ban things online because it's easy to bypass restrictions. Russia will start investing in Bitcoin and so will the USA because it can't afford to lose online battle. After Russia and the USA, Europe will be forced to buy if they want to be in the game of leader countries.
~snip~

You can't ban BTC completely, but you can ban all CEXs as well as mining and you've already done a lot of damage. Of course, there will always be countries that would not implement such decisions, but if the most powerful countries in the world declared BTC illegal, what do you think the price of 1 BTC would be in that case?

When you talk about some kind of battles in an economic sense, do you think Bitcoin has so much value (potential) that the largest countries would compete to buy more of it? All mined BTC is currently worth around $1.94 trillion, do you know what the total GDP of Russia, the US and the EU is?

[betswift]

Though, as of today, BTC got dragged to 89k and back up a bit, didn't understand specifically why currently

I'll just take that to be a small correction, many people spoke about a correction once BTC hit $100k and i believe that is what happened, probably some people selling because their target of $100k has been reached.

That was a dip, but that's my opinion.
A correction is when the price would dip as much as 15-20 percent or even deeper.
So we are yet to see such an action for BTC.

[pooya87]

If they use Bitcoin to replace USD in international trade and circumvent sanctions, I don't think the US will like it.

Russia was cut off from SWIFT about 3 years ago and they haven't been using dollar for their international trades ever since. In fact one of the reasons why Ruble recovered very quickly and huge after the initial dump 3 years ago was because they replaced dollar with their own fiat, Ruble. For instance they have been selling their oil/gas to Europeans using Ruble and trading with Chinese using Ruble and Yuan.

[yhiaali3]

Good news to see senior politicians recognizing Bitcoin after all these years of ban and neglect.

The positive thing about these statements is if Russia and other countries start buying Bitcoin and storing it as a strategic reserve for the state.

Since I heard about the US government's intention to use Bitcoin as a strategic reserve, I expected many countries to follow this step, I heard that there are already intending to do so, such as Russia and Brazil.

[Z-tight]

Good news to see senior politicians recognizing Bitcoin after all these years of ban and neglect.

The question is why the recognition from Putin, does he want to use BTC to circumvent sanctions, i know that BTC is censorship resistant and we cannot dictate to anyone how they should use their BTC. However, we should be smart enough to know that centralized governments would not suddenly 'fall in love' with BTC, it is all about what they stand to gain with it and not even about BTC in itself.