Bitcoin Forum

 After India's unfavorable stance on crypto, which next blow will be the biggest for crypto?

1) USA banning crypto
2) Russia banning crypto
3) Japan banning crypto

With which blow its real downfall will start?

I think the real downfall haven't started yet and when the price reaches below $1000, the real downfall will start. All the people will be panicked and will be in disarray state losing their minds for the stupidity they believed in.  It will happen once USA announces its stance on crypto. I assume it might happen in G20 summit.

i doubt any of those countries will ever ban, just regulate. However being regulated could be even worse if they make it legal but tax the crap out of it.

And why do you doubt the ban and think that it will regulate it. Advantageous of course, but it's easier to ban and you do not have to invent anything. And the fall as for me has already begun is just not so noticeable this. After the collapse of bitcoin, everything else may fall.

Don't know about Russia but US and Japan can/will do it. The things will get worse from there. All those crypto maniacs who are predicting 30k and 50k will lose their minds.

I hope that all the regulation of the ban does not happen and there will be differences of opinion in the G20 Summit later. Not all countries will ban crypto, there must be other countries defending and supporting crypto at the G20 Summit. Hopefully their eyes are open and can see the benefits gained from the current blockchain technology.

But if the worst thing happens later, I think it will be caused by the regulation of the ban set by the Japanese government (if that happens).

Everybody loves blockchain technology, but not cryptocurrencies - at least not the crypto they did not issue

I think US ban will be the most significant blow to crypto, US has alot of influence in the world and if they decided to ban it, this can spur other countries to take action along this line, I don't see japan banning crypto because they are the first developed country to make it legal.

Japan and USA seems to have more of a positive stand there, it might be hard for them to unfavour crypto as illegal prodcut/object.
However, IIRC, there was one moment i see that Russia wanted to ban Off Crypto. Yet, Putin seems to be okay with crypto and its legal on his view

India's ban is a serious hit.

Russian will not ban crypto's. They introduced a new law last week for taxation.

USA could ban it on some level.

But Japan will not ban it at all. They are one of the most, if not the most, friendly country to crypto's.

No of them ban crypto, any talk about ban is only speculation, even it is somehow real, no of these countries is going to ban crypto because it is simply nonsense.

 USA>Japan>Russia.
Regulations, crypto market audit, taxation from goverments and etc.  lead to centralization and can be worse or the same as ban. IMHO, strict regulations=ban for crypto market.

It would not surprise me to see some actions are being taken by governments. Theey would never want something out of their control, especially when we are talking about an economy worths hundreds of billions. I don’t know if it will be enough to make final blow but it would definitely hurt.

You're clearly have a hidden intent or just plain stupid.
Japan will ban crypto? LOL, just read this: https://www.japan.go.jp/abenomics/productivity/society5_0/index.html

Japan and the USA have said bitcoin and cryptocurrency is legal. The USA even allows futures trading on it on the Chicago Board or Trade.

The only countries banning cryptocurrency are the weak ones who fear capital flight. Those who don't have capital controls have nothing to fear and much to gain from encouraging bitcoin.

I think that Zombies just having fun. He is enjoying to do this and I can't blame the guy.
Prepare for Armageddon lol

If USA and Japan will ban the crypto then that will certainly the biggest blow that might happen to cryptomarket.  I think Russia not follow the cryptoban more liberated in crypto currency. If that happen I will pull out my all investment in  crypto right at the moment I receive the news.

None will ban it. Its all about how to tax it.

nothing will happen, it will be a drop in the bucket.  our economy is worldwide now and most shopping is done online.  Countries would just be shooting themselves in the foot if they banned crypto because of all the lost money from tqaxes.

Large companies / governments ignore the open source crypto and make their own.  For example, Amazon creates and Amazon coin and never accepts BTC, Eth, etc. 

This is why I feel the privacy coins have a bright future.  There will always be a demand for those.

I do not think it is a "BAN", It is just a regulation. No country nor any economy can reject BTC or crypto currencies in general because they have a great power although the crypto market is volatile. I am a bit worried to be honest but I still believe in BTC.

The bans are completely untrue. It was created to reduce the price of the cryptop market. And then it will go up when people reach their goals. No country banned completely. Look at Japan. Korea and China

First of all getting restricted by United States of America would do the most harm . Then Japane and then Russia . I don’t think Russia will ever do this because they are preparing some taxing  recently to embrace the crypto.

If govt wants they can f#ck cryptos. Wait for the G20 summit for the biggest blow.

People are understanding that crypto is scam and getting out of the market. Sooner or later it will be an end and its on the cards.

None of these stipulations can stop the crypto revolution. The chances of World War 3 are much higher than crypto currencies being shutdown. The smart humans are woke now. 21st century will be the century where the individual wins his sovereignty.

Tether will start the downfall followed by countries strictly regulating it, followed by overnight bans.

Today tether will mark the start of it.

I think the United States banning Cryptocurrency trading will have a very large impact because many things emanate here I don't know the figure but the Americans has the biggest numbers of traders and holders of cryptocurrency in the market.

I also think that the world of cryptography will not fall. This is an innovation, and it is very necessary in the light of expanding the boundaries of cooperation. Electronic money is very important! Yes, they are not taxed. I think this is temporary.
The world of cryptography is experiencing a slight fall, but it is also temporary. After the recession, growth will follow. I believe in it)

USA, Japan and Europe are safe, so no need to worry.

I think the whole of the cryptocurrency market will fall deep again before it can grow back strongly in April this year. Bitcoin can be reduced to $ 5k so that the crypto market attracts a tremendously large amount of capital and hence the market will grow extremely strong.

Its unlikely any of those countries will ban crypto. They will regulate it though eventually. I don't really see there being some sort of final blow to crypto, I'm sure if anything happens some coins will survive. You would need pretty much every country in the world to make crypto illegal for anything to be a final blow.

The end of crypto will not be when governments ban it, but when they mandate it.

None of those countries that you named will ban the crypto.
Russia likes will avoid some issues with crypto, Japan likes crypto and US likes the money.

http://www.bitlex.win/2018/02/us-arizona-senate-passes-bill-to-allow.html

The biggest blow will be the sneaky approach. It appears that the SEC is wanting to regulate cryptos and call MOST of them securities. If this is the case it would mean they can not be traded on the current exchanges. It could also mean that we may not be able to continue to speculate. I think the power that be are ruthless and don't give a damn about us. but who knows, maybe they do everything in our best interests?

I think some of us already know about this. Do you remember about last year's incident? Bitcoin price decreases until it reaches less than 50%. But then a few moments later the Bitcoin price could rise by tenfold within a few weeks. I think that is a very amazing price increase. I think we should take good care of it and keep in mind that the price of Bitcoin will not go down forever. Bitcoin prices will indeed decrease sometimes, but it's because of the phenomenon of the crypto itself. Where the price of a currency will not go up forever, will definitely decrease several times a year, maybe? So I think the next final blow of crypto is the next price increasing in this year.

I don't think there would be a final blow, because people will always be looking for an opportunity. Every crypto user is not going to go, "Oh the US banned Bitcoin, I'm selling everything and never look back into cryptos."

Say no to bans, they are just trying to control it like avoiding money laundering.

None of these countries will ever completely ban cryptocurrencies as they understand tech and potential behind. But I expect to see great regulations, especially about %90 of alternative coins in couple of years.

You have always been a person spreading FUDs about Bitcoin and crypto here. I don't understand why. Perhaps you have lost big time in this world. Or perhaps you were not able to reach your goals about crypto. I seriously doubt that any of the three countries you are mentioning will ever ban crypto. Russia would not do that. Crypto is very much open in Russia. Japan will not do it either. Japan is the forefront of accepting crypto. USA is a bit harsh when it comes to clearances and ICOs but they are slowly widening the gates for crypto.

There can’t be something like a final blow in crypto currencies however we might see some huge dips which we haven’t witnessed till now and the larger effect could be seen if any fud comes from USA.even if the people’s volume from USA is lesser,it still effects the market with huge difference since it represents global economic and financial stats.one thing should be remembered that no new technology or a revolution can be stopped or banned,instead few regulators comes in.so stop using terms like ban in this field.

It'll be the one that never comes