Ruble in freefall... Too bad for those people they outlawed Bitcoin! hahaha

[TKeenan]

Ruble fell 12% against dollar on Monday alone.  Still think Bitcoin is volatile?
Read it and weap: http://money.cnn.com/2014/12/16/news/economy/russia-ruble-collapse-options/index.html?hpt=hp_t2
Poor Russians got nowhere to turn - so they are stuck holding that crap fiat ruble not worth a penny these days.

[BigBertie]

and the Bitcoin price is down again... today

Russian misery should not be laughed at
after all they have more tanks

[newIndia]

and the Bitcoin price is down again... today

Russian misery should not be laughed at
after all they have more tanks

...and some nuclear weapons.

[seriouscoin]

and the Bitcoin price is down again... today

Russian misery should not be laughed at
after all they have more tanks

...and some nuclear weapons.

Tanks are useless nowadays in modern warfare.

And nuclear weapons wont hit target by themselves.

I say Putin did a good job fcking up Russia future. China will take this opportunity to become "number 2"

[altcoinex]

Tanks are useless nowadays in modern warfare.

And nuclear weapons wont hit target by themselves.

I say Putin did a good job fcking up Russia future. China will take this opportunity to become "number 2"

I think China might technically be #1 already....

[TKeenan]

and the Bitcoin price is down again... today

Russian misery should not be laughed at
after all they have more tanks

...and some nuclear weapons.

When creating the internet, it was a primary objective to make it continue to operate in the event of a major nuclear strike.  Bitcoin today enjoys the very same attribute.  Russia can aim ALL of their nuclear weapons toward bitcoin and they will fail to stop it from advancing. 

Long live the Bitcoin!

[Palmdetroit]

and the Bitcoin price is down again... today

Russian misery should not be laughed at
after all they have more tanks

...and some nuclear weapons.

When creating the internet, it was a primary objective to make it continue to operate in the event of a major nuclear strike.  Bitcoin today enjoys the very same attribute.  Russia can aim ALL of their nuclear weapons toward bitcoin and they will fail to stop it from advancing. 

Long live the Bitcoin!

Yup there will always be a node somewhere, and if all nodes go down then a new node will come online starting from where the chain 'paused' eventually,. well, as long as there is miners , of course.

Actually, even if all the miners are gone, you can fork that too. 

[ebliever]

I am surprised that Bitcoin price is down even with the Ruble collapsing. You'd think there'd be a rush out of the Ruble and BTC would be one of the safe havens, like with Cyprus. What am I missing? Or does it take a little time for something like that to happen? I wasn't around (in crypto) when the Cyprus crisis hit.

[starfishi]

I am surprised that Bitcoin price is down even with the Ruble collapsing. You'd think there'd be a rush out of the Ruble and BTC would be one of the safe havens, like with Cyprus. What am I missing? Or does it take a little time for something like that to happen? I wasn't around (in crypto) when the Cyprus crisis hit.

First safe haven is still the USD, but its time is numbered, yes.
OP, could you please reduce the title hahaha to haha, or even ha, it´s embarrassing.

[slaveforanunnak1]

https://www.youtube.com/watch?v=qq0ykF2mHgQ

[leopard2]

I am surprised that Bitcoin price is down even with the Ruble collapsing. You'd think there'd be a rush out of the Ruble and BTC would be one of the safe havens, like with Cyprus. What am I missing? Or does it take a little time for something like that to happen? I wasn't around (in crypto) when the Cyprus crisis hit.

First safe haven is still the USD, but its time is numbered, yes.
OP, could you please reduce the title hahaha to haha, or even ha, it´s embarrassing.

I don't get it either, if Russians can convert RUB into EUR or USD, then they should be able to buy XBT on exchanges outside Russia as well. I mean, for the EUR/USD conversion the currency has to cross the border.

Capital controls are not in place and still, XBT does not benefit.

Fiat has made leaders corrupt, dumb and addicted. Otherwise they would recognize that XBT is a solution, not a threat. Russia would just have to buy some XBT, then start selling a small percentage of their oil for XBT, which would get them out of USD dependence for free without making them dependent on someone else (because XBT is not controlled by anyone).

[madmadmax]

The socialist US envies the freedoms and capitalism of Russia, how have times changed.

[leopard2]

The Western governments are dumb like shit. What do they try to accomplish, destroying Russias economy, CORNERING A NUCLEAR SUPERPOWER?

I really wonder if this is an attempt to trigger WW3, to reset the fiat superbubble? But it makes no sense because everyone will be fucking dead. Absolutely idiotic.

It was clear that Russia would not accept Ukraine to become a NATO member, losing access to the Black Sea. Is Crimea worth WW3?

US arrogance is unlimited. Obama and Putin should be put in a room together with water and bread until they have worked something out 

[newIndia]

and the Bitcoin price is down again... today

Russian misery should not be laughed at
after all they have more tanks

...and some nuclear weapons.

When creating the internet, it was a primary objective to make it continue to operate in the event of a major nuclear strike.  Bitcoin today enjoys the very same attribute.  Russia can aim ALL of their nuclear weapons toward bitcoin and they will fail to stop it from advancing. 

Long live the Bitcoin!

Not only Russia, if any of the nuclear powered countries aim ALL of their nuclear power on earth, then there will be no last entity left who can use bitcoin !!! I heard only cockroaches can survive a nuclear attack.

[TKeenan]

It was clear that Russia would not accept Ukraine to become a NATO member, losing access to the Black Sea. Is Crimea worth WW3?

US arrogance is unlimited. Obama and Putin should be put in a room together with water and bread until they have worked something out  

Russia captures Crimea - the US arrogance is unlimited.  OK.

Fuck Russia.  They get what they deserve.  Why do you think millions of them are shivering tonight eating beet soup while millions of Americas are eating big fat steaks and lobster?  

No Bitcoin for Russia.  They've got no fags and no Bitcoin.  Outlawed them both.  http://www.cnn.com/2014/12/16/world/europe/chance-russia-gay-rights/index.html?hpt=hp_t2  Sounds like sound governmental policy.  Let's see how that holds up for them.

[ticoti]

this is actually shutting up many people

bitcoin is so volatile they said...

[TKeenan]

this is actually shutting up many people

bitcoin is so volatile they said...

Yep - they said Bitcoin volatility is dangerous for their people.  ...and that the Russian people should hold Ruble instead to 'protect them'.  See what happens when the people listen to their government about currencies?  Now, everything those Russians own is worth HALF what it was last month.  You think that is funny?  Wait until next month.  It's going to half again.  

Long live fiat!!!!  

When the government tells you Bitcoin is 'too dangerous for volatility', be sure to listen carefully.

[marcus_of_augustus]

It was clear that Russia would not accept Ukraine to become a NATO member, losing access to the Black Sea. Is Crimea worth WW3?

US arrogance is unlimited. Obama and Putin should be put in a room together with water and bread until they have worked something out  

Russia captures Crimea - the US arrogance is unlimited.  OK.

Fuck Russia.  They get what they deserve.  Why do you think millions of them are shivering tonight eating beet soup while millions of Americas are eating big fat steaks and lobster?  

No Bitcoin for Russia.  They've got no fags and no Bitcoin.  Outlawed them both.  http://www.cnn.com/2014/12/16/world/europe/chance-russia-gay-rights/index.html?hpt=hp_t2  Sounds like sound governmental policy.  Let's see how that holds up for them.

pride goeth before the fall ... enjoy your steaks and lobster while they last is about all i can say.

hint: it is a currency war and has very little to do with ukraine or crimea much more to do with US$, oil, gas and gold.

[TKeenan]

It was clear that Russia would not accept Ukraine to become a NATO member, losing access to the Black Sea. Is Crimea worth WW3?

US arrogance is unlimited. Obama and Putin should be put in a room together with water and bread until they have worked something out  

Russia captures Crimea - the US arrogance is unlimited.  OK.

Fuck Russia.  They get what they deserve.  Why do you think millions of them are shivering tonight eating beet soup while millions of Americas are eating big fat steaks and lobster?  

No Bitcoin for Russia.  They've got no fags and no Bitcoin.  Outlawed them both.  http://www.cnn.com/2014/12/16/world/europe/chance-russia-gay-rights/index.html?hpt=hp_t2  Sounds like sound governmental policy.  Let's see how that holds up for them.

pride goeth before the fall ... enjoy your steaks and lobster while they last is about all i can say.

hint: it is a currency war and has very little to do with ukraine or crimea much more to do with US$, oil, gas and gold.

I am in Spain buddy - but I'll enjoy my porto and jamon just the same.  Whatever you say.  All I know is Russia told its people Bitcoin was too dangerous for volatility, then they made it illegal just in case the people didn't listen, then the Ruble ate shit (not lobster). 

But I do find it interesting that very shortly after a powerful country made bitcoin illegal - their whole economy ate shit and their currency is about to become worthless.  There is no greater endorsement for Bitcoin in my mind.  Cypress is boring.  Argentina is nothing.  Russia is another matter. 

[seriouscoin]

I too hope Russian economy completely collapse. Gives the ppl the chance to rebuild their government. Its corrupted far too long.