Russia to ban bitcoin, again...

[Bit_Happy]

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.

LOL
Where is the BTC price falling "pretty fast"? The daily range is ~$14 and it is well above last weeks low.
Also note: The medium-term trend has been pointed up for several months (i.e. ~$340 up to ~$650)

Prepare to go much higher. 

[1713970073]

1713970073

[subSTRATA]

http://www.cryptocoinsnews.com/news/russia-ban-bitcoin-reports-ria-novosti/2014/08/02

[LiteCoinGuy]

http://www.coindesk.com/russian-ministry-finance-drafts-bill-banning-bitcoin/

[spazzdla]

The BRICs are either completely moronic or super brilliant.  2016 will be the true tell when they open their bank.  This is either brilliant FUD spreading to buy or moronic people shooting themselves in the face.

[keithers]

Did Russia ever come back and publicly endorse BTC the first time, or was it just speculation that they were loosening their restrictions?

[JPage]

This is very good for bitcion.  The world is very mad at Russia these days.  Now the west will let bitcoin become another item of world dominance with Russia on the "other" side.  Europe and the US are going to let bitcoin flourish.  In about 5 years, Russia is going to be looking very stupid indeed. 

[jc01480]

https://imgflip.com/i/aq1ew

[kerafym]

Two large market, China and Russia, are gone. US market is going to regulate bitcoin to limited usage.

Without wider market, price will stagnant or fall.

[DoubleBEE]

Two large market, China and Russia, are gone. US market is going to regulate bitcoin to limited usage.

Without wider market, price will stagnant or fall.

they are not prepared for the future...future with cryptocurrencies

[Ron~Popeil]

The Russian market wasn't exactly robust before this. A second world country that happens to have a lot of vintage military hardware doesn't mean a lot to bit coin. 

[depakote]

lol russia is always doing the dumbest shit towards their people ... its only going to cause bitcoin to become an  underground source of funding and then what? its probly putin doing it so he can control more of the drug trade

[Cicero2.0]

lol russia is always doing the dumbest shit towards their people ... its only going to cause bitcoin to become an  underground source of funding and then what? its probly putin doing it so he can control more of the drug trade

They are much like China in that there is always some hidden motive. I have long ago given up any inclination to try to figure either country out.

[Ilsk]

One ban is never enough

[depakote]

I just seen on the news that russia is gunna boycott a bunch f food and products from the usa and other countrys in  nato ...wow their only hurting their own people , russia needs to use their brain before their mighty desperate people rise up agianst them

[Yakamoto]

I just seen on the news that russia is gunna boycott a bunch f food and products from the usa and other countrys in  nato ...wow their only hurting their own people , russia needs to use their brain before their mighty desperate people rise up agianst them

Hahaha, what are you thinking?

They're hurting everyone else! Europe will be getting a trade surplus.

The sanctions aren't hurting the Russians as much as the American sanctions are hurting Americans.

You need to use your brain, this is a obvious win for Russia and loss for America/Canada/Other-NATO-countries.

[depakote]

it just said russia only takes up like 7% of american exports so it isnt hurting us one bit.

[Yakamoto]

it just said russia only takes up like 7% of american exports so it isnt hurting us one bit.

Yeah, and so it isn't hurting them one bit either.

The sanctions America placed against Russia hurt American businesses because they can't buy Russian goods anymore. Thus, American sanctions are good for the government and bad for the people.

So, regardless how you look at it, America is the one getting hurt, no Russia.

[best-miner.com]

China used to want ban bitcoin extrange, but acctully it still works very well here, here we could sell and buy bitcoin in minute, so i think Chinese goverment is more friend to bitcoin compare to other countries at least now.

[wordman267645]

I think when bitcoin price raises they will approved again.Because they have banned it before..

[CreamyPie]

It wouldn't be surprising to know BTC is lowering strength of russian currency..

Russian govt is shit..