Published on October 11th, 2017 | by bitcoin0
Gizmodo says that even Putin can’t scare bitcoin investors.
It kicked off with a strange flash crash registered by the CoinDesk tracker that momentarily caused the cryptocurrency to appear to plunge by 12 percent.
Almost simultaneously, Russian President Vladimir Putin called for regulatory restrictions on digital currencies for the first time.
And then, as it does in recent times, Bitcoin’s price just went up.
“It’s also important not to put up too many barriers.” He also acknowledged the concerns that Russia’s Central Bank has expressed.
Russia has already jumped into state-sponsored bitcoin mining and in August, officials were optimistically talking about launching a “cryptorubl,” Russia’s own version of bitcoin.