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Author Topic: Coronavirus Lockdown Boosts Bitcoin Trading in Russia  (Read 9774 times)

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Re: Coronavirus Lockdown Boosts Bitcoin Trading in Russia
« Reply #30 on: November 15, 2021, 05:08:53 AM »
Coronavirus Lockdown Boosts Bitcoin Trading in Russia



On June 4, a new study performed by a number of Russia-based crypto exchanges revealed a significant rise in Bitcoin (BTC) trading across Russia since March amid the COVID-19 lockdown.

As RBC reports, representatives from the Russian offices of exchanges like Binance, Garantex, and EXMO, highlighted the growth in the number of users in Russia. This number is relative to the increase in trading volumes from March until June.

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That's no true , Corona virus lock down boost bitcoin trading at several countries. I think corona has good effect to crypto market.
Because several countries have lock downed, their citizens started to invest in crypto to fulfil their need, as extra money.
Me too, more busy at crypto as long as pandemic.

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Re: Coronavirus Lockdown Boosts Bitcoin Trading in Russia
« Reply #30 on: November 15, 2021, 05:08:53 AM »

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Re: Coronavirus Lockdown Boosts Bitcoin Trading in Russia
« Reply #31 on: April 23, 2022, 07:34:18 PM »
Now a lot has changed in the last few months. On February 24, Russia launched a large-scale military invasion of Ukraine with its eight armies, some 170,000 of its troops, with large columns of armored troops and other heavy weapons. But Russia did not calculate the forces of the Armed Forces of Ukraine, the patriotism and cohesion of the Ukrainian people, and therefore they already realized that they had made a big strategic mistake.
In Russia, as probably in Ukraine, now is not the time to fight the coronavirus.
Also recently, in the second reading, amendments to the law on digital assets were adopted in Russia, which actually prohibit, under pain of criminal liability and prison, to freely own cryptocurrency. It is proposed to store cryptocurrency either on controlled centralized exchanges or on your wallets, but you must first report the secret keys to the supervisory authorities. I personally would not want an unlimited number of unauthorized persons to know about my secret keys from wallets.

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Re: Coronavirus Lockdown Boosts Bitcoin Trading in Russia
« Reply #32 on: April 24, 2022, 07:12:29 AM »
I think not just Russia boosting the bitcoin trading maybe the whole world doing bitcoin trading during the lockdown. We never expected that the bitcoin price has reached the all time high, we thought that the market will go bearish after the announced of Pandemic..

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Re: Coronavirus Lockdown Boosts Bitcoin Trading in Russia
« Reply #33 on: April 24, 2022, 11:09:59 AM »
Recently, there has been very little information from Russia about the possibility of working with cryptocurrency. There, their authorities are trying to hide the military defeat in Ukraine and the loss of Russia in manpower and equipment. Therefore, the use of some social networks is prohibited, and even the shutdown of the Internet was discussed. Thus, it is very difficult to know the objective situation. International sanctions are building up and Russia is slowly and steadily rolling back in development back to the 20th century.
In addition, recently, changes have been made to the law on digital assets in Russia, which significantly limit the possibility of using cryptocurrency. Let's see what happens next.

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Re: Coronavirus Lockdown Boosts Bitcoin Trading in Russia
« Reply #34 on: April 25, 2022, 01:31:02 PM »
I think not just Russia boosting the bitcoin trading maybe the whole world doing bitcoin trading during the lockdown. We never expected that the bitcoin price has reached the all time high, we thought that the market will go bearish after the announced of Pandemic..

I think bitcoin still have potentially to beat new ATH at this year mate
But not more 70K USD.
I see bitcoin demand is still high, many investors hold their BTC and altcoin, ,wait the several no short bullish.
So, better to buy and hold now.
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Re: Coronavirus Lockdown Boosts Bitcoin Trading in Russia
« Reply #35 on: April 26, 2022, 09:05:49 PM »
I think not just Russia boosting the bitcoin trading maybe the whole world doing bitcoin trading during the lockdown. We never expected that the bitcoin price has reached the all time high, we thought that the market will go bearish after the announced of Pandemic..

I think bitcoin still have potentially to beat new ATH at this year mate
But not more 70K USD.
I see bitcoin demand is still high, many investors hold their BTC and altcoin, ,wait the several no short bullish.
So, better to buy and hold now.

Maybe it will happen at Q3 this year, bitcoin will touch new ATH.
I predict bitcoin will touch around 65K -70K USD.
but It's just my prediction, maybe wrong.
Because crypto is unpredictable.
But keep calm and wait the bullish.
that's my way to invest in crypto now.


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Re: Coronavirus Lockdown Boosts Bitcoin Trading in Russia
« Reply #36 on: April 27, 2022, 03:36:33 AM »


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Re: Coronavirus Lockdown Boosts Bitcoin Trading in Russia
« Reply #37 on: May 20, 2022, 06:24:09 AM »
In my opinion it is not an important problem for Russia because currently the Russian state is experiencing war and of course they prefer to increase their currency rather than using digital currencies such as bitcoin and others.
In fact, currencies like bitcoin are very helpful at this time, where we know that European countries and the US have taken action to embargo Russia. bitcoin's need to address their currency which is clearly not accepted as a means of payment, is very well implemented. So Russia needs an update from accepting bitcoin as a substitute payment instrument, although it has previously refused and is now changing it to anticipate that Russia can still make transactions with anyone.
the wise action has been taken by Russia to overcome something that might keep them from falling under the embargo.
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Offline de_prof

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Re: Coronavirus Lockdown Boosts Bitcoin Trading in Russia
« Reply #38 on: June 01, 2022, 02:26:53 AM »
Corona virus has passed, We know almost all of countries already opened their citizens and do activity normally again.
Bitcoin and altcoin has help us to gain profit  during pandemic COVID 19
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Re: Coronavirus Lockdown Boosts Bitcoin Trading in Russia
« Reply #39 on: June 13, 2022, 10:18:39 PM »
In Ukraine, talk about the coronavirus immediately stopped on the day of the attack on the country of Russia. Now everything is subordinated to the defense against the Russian invaders. The political leadership of Russia already makes no secret of the fact that the initial goal was to seize the territory of Ukraine and forcibly annex it to Russia. A few months ago, no one imagined that in the 21st century this is possible in the center of Europe.
I think that in Russia now they are not paying serious attention to the coronavirus pandemic. Especially recently, when the Russian troops have practically not achieved any strategically important goals in Ukraine for more than three months of the war and are suffering colossal losses in manpower and equipment.

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Re: Coronavirus Lockdown Boosts Bitcoin Trading in Russia
« Reply #40 on: December 11, 2022, 06:08:43 AM »
It is the tenth month since the Russian attack on Ukraine. Its eight invading armies, along with all the best armored vehicles, are defeated by the Armed Forces of Ukraine. In this regard, in September, Putin announced a mobilization to save the situation at the front, but poorly trained and ill-equipped Russian troops only add to the number of casualties, which have already exceeded 126,000 people. Russia's defeat in this war is obvious, and its disintegration into a number of independent republics is becoming more and more real.
Although many predicted that Russia would use cryptocurrency to circumvent international sanctions for aggression against Ukraine, so far no such information has been received, and its Central Bank has directly rejected this possibility.

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Offline pacar_tiri

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Re: Coronavirus Lockdown Boosts Bitcoin Trading in Russia
« Reply #41 on: December 22, 2022, 09:40:08 AM »
Corona virus has passed, We know almost all of countries already opened their citizens and do activity normally again.
Bitcoin and altcoin has help us to gain profit  during pandemic COVID 19

Yeah, many people suffered in pandemic COVID, but it has passed.
We all know during pandemic many new investors in crypto currency.
It's good.

Offline Madmax789

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Re: Coronavirus Lockdown Boosts Bitcoin Trading in Russia
« Reply #42 on: December 22, 2022, 06:15:14 PM »
I am new to the form, but I have learned a lot by reading your post. Also, I have learned many things. I hope you will help those who are new to the form by posting such posts
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