Post
Topic
Board Economics
Re: Russia Prepares To Buy Up To $10 Billion In Bitcoin To Evade US Sanctions
by
jseverson
on 21/01/2019, 08:36:41 UTC
right now i not see news like this have effect to make BTC price pump too much.

only news like exchange hack can make BTC price dump more than everything

It can't, because it's based on very shaky speculation. I'm pretty sure no one wholeheartedly believes this, considering Bitcoin's recent woes and how large the amount is. They probably can't risk all of that, especially because they aren't even doing well financially in the first place. If it does happen though, I'd expect a furious bull run. I mean, Bitcoin as a reserve currency? Sign me up lol.