Quote from: Cryptoprimes on January 18, 2019, 09:47:49 AM

Quote from: marjil on January 18, 2019, 09:32:46 AM

Quote from: airdagon on January 15, 2019, 02:15:04 AM

yes, that is good news and it can have a positive effect on the crypto market for the better.

I think, we have to wait for other positive aspects to create a maximum bullish market.

It all depends on whether it's true. And actually even if it is, does it really make much difference. The price of bitcoin might jump up a bit but then there will also be people selling, as well as buying, so the price will just fluctuate.

Of course, it's not true. How will they explain this to taxpayers and pensioners? How will they deal with such volatility of Bitcoin? Who will bear the responsibility for this? I guess no one could take that high risk, even mister Putin.

I don't know. Sanctions are biting Russian economy hard, and he might actually take that chance and buy BTC.

Putin has big balls, and if push comes to shove it is better than nuclear war, and it would free the Russian economy from the restrictions of sanctions while spitting on the west.

And It might just be a very popular move for domestic Russian politics. Certainly the initial market move with $10 billion in Russian money would be an instant profit so the domestic backlash from such a move might be minimal if not entirely absent, and then if there is a downturn at a later date it would have been forgotten by then. Hell, Russia could be the ultimate in "pump and dump" whales!

I see no downside for Putin on this.