Yakamoto
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Activity: 1218
Merit: 1007
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August 02, 2014, 11:05:38 PM |
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Russia banning Bitcoin?
Apparently China is also Russia now...
I wanna hear their hilarious explanation.
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No Gods or Kings. Only Bitcoin
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Prez
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August 02, 2014, 11:10:59 PM |
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How do you ban bitcoin? Someone please inform me.
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Nerazzura
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August 03, 2014, 05:06:02 AM |
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This may not affect the price of the increasingly fading bitcoin lately
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jc01480
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August 03, 2014, 05:44:35 AM |
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Putin down the BTC?
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Yakamoto
Legendary
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Activity: 1218
Merit: 1007
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August 03, 2014, 01:42:46 PM |
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Putin down the BTC?
 Good one! I dunno if this is having a serious effect on the price, however. |
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littlewizard
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August 04, 2014, 05:59:17 AM |
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ban, unban, ban, unban..
when it is the end
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jubalix
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Activity: 2618
Merit: 1022
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August 04, 2014, 06:57:11 AM |
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were are going to need a new board
/ban/
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keithers
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Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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August 04, 2014, 07:17:32 AM |
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That was a really short lived return for Russia. I wonder why they keep flip flopping?
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Catmoonglow
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August 04, 2014, 08:56:37 AM |
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Hacking, Piracy and driving drunk are also banned in Russia...... |
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666uazan
Jr. Member
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Activity: 185
Merit: 1
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August 04, 2014, 10:29:32 AM |
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You know bans don't work when you need a second one :-)
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Harley997
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August 04, 2014, 10:35:05 AM |
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As per,this does not surprise me. We should expect a 3rd ban in approx. 1 month and 29 hours.
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franky1
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Activity: 4214
Merit: 4470
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August 04, 2014, 11:16:50 AM |
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How do you ban bitcoin? Someone please inform me.
if you cant control the code, control the people.... make them fear the power of a gun and handcuffs .. but we know in most cases it never works, take the alcohol prohibition. the moonshine industry was more popular then Pepsi back then |
I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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Mobius
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August 05, 2014, 05:44:16 AM |
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How do you ban bitcoin? Someone please inform me.
if you cant control the code, control the people.... make them fear the power of a gun and handcuffs .. but we know in most cases it never works, take the alcohol prohibition. the moonshine industry was more popular then Pepsi back then This is really not a good way IMO to "ban" bitcoin as there are just so many ways to avoid detection using bitcoin (VPN, Tor, ect). I feel that any attempt to "ban" bitcoin would simply move bitcoin related trade to the "black market" and would really never be effective. The only real way to "ban" bitcoin would be if a country were to be able to effectively censor and control the internet in a way similar to NK. |
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Searing
Copper Member
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Activity: 2898
Merit: 1464
Clueless!
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August 05, 2014, 05:52:09 AM |
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That was a really short lived return for Russia. I wonder why they keep flip flopping?
Yes you would think with the economic sanctions by the EU and USA Russia would just say FU and embrace bitcoin to more their money around internationally...they keep saying they want to undercut the US dollar..and now probably the EU Euro...so it is either 1) only the elite are moving money around in various methods in Russia (ie state sponsored (look away at bigshots doing such wink/wink) thus they control the $$$ supply leaving the country (which with sanctions may be major).but keep options for the Russian elite! or 2) banning bitcoin because they have no clue that it can't be banned (in reality) with any great success and again to really stop the regular Russian type folks ..trying to move as much fiat out of the country as they can (see china ban) due to the west's economic pressures and other Russian elite mismanagement of their country. hell it is probably they don't have a clue what bitcoin is/does and just banned it out of ignorance Searing |
Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:) |
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doubleredrolex
Full Member
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Activity: 211
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I Believe
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August 05, 2014, 10:01:44 AM |
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Kinda like how the government wanted to ban recordable CD's and DVD's. That turned out really well hey. As soon as the govnt sees something it doesn't fully understand, and is threatened by it, it wants to ban it. stupid.
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Bit_Happy
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Activity: 2100
Merit: 1040
A Great Time to Start Something!
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August 05, 2014, 10:08:35 AM |
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"But just a few weeks ago on July 2, the Wall Street Journal reported that Russian authorities softened their stance on Bitcoin, with the central bank claiming that they wouldn’t hamper the usage of Bitcoin.
The Wall Street Journal reported: “The Bank of Russia is now accumulating information about so-called crypto-currencies and is not blocking Bitcoin, the central bank’s first deputy chairman Georgy Luntovsky said Wednesday.”
Luntovsky added that Russia needs to watch how the situation develops and that virtual currencies should not be rejected.
So it seems that either various Russian governmental authorities have opposing views on Bitcoin and are publicly butting heads on the issue, or they simply change their minds on the issue every few months. This announcement should probably be taken with a grain of salt, as it wouldn’t be surprising to hear in two weeks that Russia changed their mind once again."
Does not look like a big concern for now. Stay tuned for more exciting updates...
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Harley997
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August 05, 2014, 10:35:18 AM |
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Russia trying to manipulate the market like China, not doing very well haha.
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kwukduck
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Activity: 1937
Merit: 1001
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August 05, 2014, 10:42:18 AM |
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Russia trying to manipulate the market like China, not doing very well haha.
I think you may be slightly off here, panic seems to kick in again, pricr is falling pretty fast again. |
14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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Beliathon
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August 05, 2014, 11:49:07 AM |
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"According to RIA Novosti, the Ministry of Finance said that uncontrollable virtual currencies create shadow economies ..." I'm not sure they've thought this out. They most certainly haven not, because they think the Bitcoin economy is/will be a mere shadow. In reality the fiat economy is the shadow economy, built on the lie of value of worthless fiat scrip. Bitcoin is the light of dawn, the truth, the (r)evolution given form.
Get it right, Russia. |
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