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RE: What would the Bitfinex court law mean to the Price of Bitcoin?
If there is another $100 million USD transaction in May, Bitcoin will continue to trend up over the long run, and it would likely be Russian Oligarchs who are buying in.
Check the $100 million USD transaction that happened on the first of April and compare it to the rumor issued by a Russian economist in the beginning of 2018.. he predicted that Russia would start buying Bitcoin in April.
@chrisrice, I live in Russia. What do you mean exactly?
I am an expat who has lived in a foreign country since 2009, and I think living in a country outside of my home country gives me unique insight into the propoganda of my home country.
If you have lived in Russia all your life you'd likely have biases in favor of the mainstream media from Russia @cryptospa and that's why I asked.
Having said that, I am enjoying some of the posts by @rt-international but I understand that every country and every person has biases.
I try not to get too trapped up in biases but I think there are some elite Russian citizens who have ammased wealth from their connections in the Russian Government - a lot of their wealth is probably also from legit businesses but I believe they have an edge over the common Russian due to their wealth and insight into current and future Government policies.
There was a rumor by a Russian economist in the beginning of this year that said Russia would start buying $100 million USD in Bitcoin starting in April.
We don't know if it was really a Russian buyer but someone bought $100 million Bitcoin on April 1. If it happens again in May, I'd be inclined to think it was a Russian buyer or a super big investor who is making it appear that the Russian Gov. or Oligarchs are buying in.
Google the story for more information...
Are you a foreign expat who moved there in your mid-20's (or older) or were you born and raised in Russia?
Btw, thank you for your kindness @cryptospa.. I consider your reply a kind one 😊✌️👍
@cryptospa . . .
https://dailyhodl.com/2019/01/08/russia-will-buy-10-billion-in-bitcoin-ditch-us-dollar-and-become-a-huge-crypto-whale-russian-economist/