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cryptocoinsnews (OP)
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September 14, 2014, 10:20:21 AM |
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According to leading Russian news organization Russia Today (RT), Russia will pass a Bitcoin ban within the next year, and it could happen as soon as the current parliament session. Deputy Finance Minister Aleksey Moiseev told journalists in Moscow: “We will discuss this law in the current session of parliament, and possibly even pass it then, or at the very latest by spring next year. We are currently dealing with comments from the law enforcement agencies, about the specifics of legal measures, and we will take their remarks into account. But the overall concept of the law is set in stone.” http://www.cryptocoinsnews.com/russia-plans-bitcoin-ban-2015/How will this affect Bitcoin? |
/David Parker, Director of CCN
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Jamie_Boulder
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September 14, 2014, 11:45:34 AM |
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How will this effect Bitcoin? will probably be even more popular in Russia than it already is (I never hear anything out of Russia regarding Cryptos)
Possibly drive all their developers to market elsewhere (their loss)
How will this effect me? I'll get a good chuckle out of it when they reverse it.
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bornil267645
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September 14, 2014, 12:12:51 PM |
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I am hearing this rumor for months now, don't believe until done.  |
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bitcoinwilldie
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Activity: 22
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September 14, 2014, 12:31:25 PM |
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more states will ban btc, btc will doom to hell.
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DubFX
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September 14, 2014, 12:38:42 PM |
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This is typical ban story for Bitcoin. China ban bitcoin, no they don't. Russia ban bitcoin, no they don't. China will ban bitcoin, better sell now, no they won't. Just achieve this. If they want to ban bitcoin, let them do it.
It was just FUD so others could buy in cheaper and then sell more expensive. It wouldn't be reason to panic anyway. |
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fredthegambler
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September 16, 2014, 02:23:53 AM |
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Doesnt matter.. As long as china accepts bitcoin.. Then were okay
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riiiiising
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September 16, 2014, 04:36:02 AM |
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We don't need Russia, China, or Ecuadar. Bitcoin will survive and thrive, even if Antarctica is the only place left!
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BIGbangTheory
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September 16, 2014, 04:46:43 AM |
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This is typical ban story for Bitcoin. China ban bitcoin, no they don't. Russia ban bitcoin, no they don't. China will ban bitcoin, better sell now, no they won't. Just achieve this. If they want to ban bitcoin, let them do it.
It was just FUD so others could buy in cheaper and then sell more expensive. It wouldn't be reason to panic anyway. Russia is very hostile towards bitcoin. They like to keep a very tight control over their economy and people. It is just the culture of government. I would not consider this to be FUD. |
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keithers
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This is the land of wolves now & you're not a wolf
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September 16, 2014, 05:12:55 AM |
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I have not been paying such close attention to Russia, but I thought that they already basically banned BTC months ago?  |
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counter
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September 16, 2014, 05:19:58 AM |
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It will likely have a positive affect for Bitcoin but likely not right away if at all. Bitcoin is here and from what I can tell it's not going to go anywhere and people will be made aware of it and be more interested why it is being banned. Bitcoin has proven to be reliable so people will have no reason not to use it especially if the have a use for It.
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deluxeCITY
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September 16, 2014, 05:43:05 AM |
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It will likely have a positive affect for Bitcoin but likely not right away if at all. Bitcoin is here and from what I can tell it's not going to go anywhere and people will be made aware of it and be more interested why it is being banned. Bitcoin has proven to be reliable so people will have no reason not to use it especially if the have a use for It.
I think a more likely scenario is that Russia is unable to enforce this ban and people will use it anyway. There will likely be a lot of "black market" trade in Russia done in bitcoin |
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robhimself
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Calling out scams, one HYIP at a time...
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September 16, 2014, 05:58:41 AM |
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In Soviet Russia, Bitcoin spend you!
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oceans
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September 16, 2014, 10:26:38 AM |
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Keep hearing this yet still nothing, so I will wait until it finally happens. I don't see it being a problem for bitcoin though as I am sure they will find a way around it if they really do want to use it there despite a ban.
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Meuh6879
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September 16, 2014, 10:38:25 AM |
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Russia is very hostile towards bitcoin.
in my life, i only use USD, YEN ... and EURO. somes people can tell me what it the benefict of the rouble ? Oh yes ... it's crash every 10 years ...  |
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LancangDam
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September 17, 2014, 01:52:53 PM |
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Russia = One step backwards, two steps back.
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cyberpinoy
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September 17, 2014, 07:06:14 PM |
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Unless you are a purchaser of Oil, or a derivative of oil this will not effect bitcoins. Russia does not really sell anything people with bitcoins want. Thus no problem for us. they are just extremely jealous Bitcoins is worth a WHOOOOLEEEE lot more than their own money. They also have no way to control it. As far as Russian people go they will still be mining and selling bitcoins you can bet on that.
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DubFX
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September 17, 2014, 08:00:12 PM |
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This is typical ban story for Bitcoin. China ban bitcoin, no they don't. Russia ban bitcoin, no they don't. China will ban bitcoin, better sell now, no they won't. Just achieve this. If they want to ban bitcoin, let them do it.
It was just FUD so others could buy in cheaper and then sell more expensive. It wouldn't be reason to panic anyway. Russia is very hostile towards bitcoin. They like to keep a very tight control over their economy and people. It is just the culture of government. I would not consider this to be FUD. Does it even really matter? How many people could be using bitcoin in Russia circa? |
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ChuckBuck
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September 17, 2014, 08:21:57 PM
Last edit: September 17, 2014, 09:22:27 PM by ChuckBuck |
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For some reason this sounds like old news, even though this particular article is new.
It seems like Russia is always banning Bitcoin. I honestly thought it was banned already by them a couple times already.
Not sure how they can completely ban it or enforce this. Do they have a country wide firewall like China does?
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BreadJoint
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September 17, 2014, 08:27:40 PM |
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This is typical ban story for Bitcoin. China ban bitcoin, no they don't. Russia ban bitcoin, no they don't. China will ban bitcoin, better sell now, no they won't. Just achieve this. If they want to ban bitcoin, let them do it.
It was just FUD so others could buy in cheaper and then sell more expensive. It wouldn't be reason to panic anyway. Russia is very hostile towards bitcoin. They like to keep a very tight control over their economy and people. It is just the culture of government. I would not consider this to be FUD. Does it even really matter? How many people could be using bitcoin in Russia circa? Russia is involved in bitcoins pretty greatly. Just look at alexa stats for bitcointalk http://www.alexa.com/siteinfo/bitcointalk.orgNo idea why China isn't in the top 5 but you may be sure that russians are the forth largest nation that uses bitcoins And if they'll start dumping bitcoins it will considerably hurt the price |
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master-P
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September 17, 2014, 09:24:54 PM |
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The way the technology is designed, Bitcoin cannot be banned or censored.
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