Bitcoin Forum

If Bitcoin is legal on your country, what do you want to do for keep bitcoin in your country, as far as we know there are some countries that have banned bitcoin circulating in the country.

let's exchange ideas for the development of bitcoin in our country

In my opinion, even the countries that banned the BTC will soon realize that they have no influence on it, and make it lawful to strip people of taxes on him

The great thing about cryptocurrency is that however governments try, they cannot control it.

In this situation, I probably will not do anything, because many now just do not understand what is happening to the market, like me. I just do not understand what to do now and why the market is falling.

Only option is to hodl. This has proven to be the right strategy in the past dips. Hope that history will repeat.

To kill cryptocurrencies all governments from all over the world would have to ban them. But Banning will only create black markets. There is no way that a govt can stop people from downloading wallets and sending each other cryptos. Even declaring it illegal they can't control it due to decentralization.

In Russia, bitcoin has not yet been banned. I hope that our government will be wise enough not to ban him. Otherwise, I have to cash all my coins.

You cannot ban what you cannot control.

HODL. I thought buying 2 weeks ago was a steal, I can't believe the FUD we've seen over the past month and the impact on price.

Most of the countries only regulated cryptocurrencies,not a total banned china is the only country that could totally ban all cryptocurrency activities,what do you expect to communist country? the government can control almost every single people and they must abide all the rules or regulations or else people will end up badly.In my own opinion regulation or centralization of cryptocurrencies is a joke because crypto was created to be decentralized!

If bitcoin does get regulated then we should really focus on the bitcoin's real implementation in the nation. I mean like visa and MasterCard companies work in the same way we should have the Bitcoin in completely different form and legalised by the government to have its ATM's everywhere so that we can exchange the Fiat currency instantly and almost with no time. Moreover we should ask government to implement the use of BTC in the public sectors and whenever it is possible. Such as all the public transport services, and autonomous services should get the privileges of using BTC as way of payment mode. That can be done instantly with scanning the desired QR codes and getting our tickets. That would be the greatest way to spend out bitcoins.

Bitcoin is legal here on my country and as of now I and my colleagues are planning to start accepting bitcoin in our business to make the coin more popular in the country with the people all over here. We believe that accepting bitcoin will give the business a double hit on jackpot as we are earning with the business and at the same time we can earn the price growth of the bitcoin.
This is just being finalized now and we will start implementing it soon.

I have decided to HODL and look away from the rise and fall of the crypto price to avoid unnecessary action of selling at loss. Going by history, HODLing is likely the best action in time like this, ceteris paribus.

In my country this is not forbidden so far. But it depends a little on me. All I do is - telling my friends how interesting it is. I also encourage them to get involved in this exciting game)

In our country is so much unlike China. People in china fear the government while in our country, people respects the government. In country like china, people will obey due to fear. But in our case wherein we can freely voice out our sentiments to our government, there really is a difference. Government may regulate but they cannot control nor ban crypto totally.

In our country, bitcoin is not illegal. However, the central bank is starting to regulate cryptocurrency and will start to treat them as a normal stock investment. It's good that our country is planning to do something with cryptocurrency and not stopping people from investing on it. I will just keep on making more money with cryptocurrency. I have started learning about it about two years ago and so far I have earned a lot of money from it.

if bit coin was legal in my country i would HODL

if bit coin was legal in my country i would HODL and you know this is the right thing to do as it is proven

As far as I know, bitcoin is not banned. Some countries have banned ICOs and probably they will issue high tax rates for buying or selling cryptos in the exchanges or in the banks.
Even if that happens you could probably use an exchange in an other country, as you chose these with low fees.
Even if bitcoin will be banned as a coin that you could use for buying and selling goods, nobody can forbid you having it in your wallet, or using it over the internet.

I’ll do the same thing I do recently. Like holding and continuously try trading nor investing the way I hold my coins. I still hold it and wait to pump the market price again to have profit and avoid losses.

Here in my country bitcoin is not banned,what i do is enjoying,gathering more knowledge and strategy and learning so that i will become better in the bitcoin.

As far as I know countries do ban bitcoins as it sounds, they just ban trading bitcoin anonymously. It means, that you just have to identify yourself to make transactions. This is being done to make sure people don't use bitcoin payments for illegal purposes, like paying for drugs, weapon or prostitution.

However, if a government bans bitcoin, imagine considering the following:

just change the VPN and proxies you are using for browsing the web and it will make hard for the central authorities to track your online records. I am not promoting something illegal here, I am just proposing a practice that is being widely used these days. Otherwise, I don't think that banning bitcoins is a major issue nowadays. As I said, the governments are just trying to keep the track of the online payments, because in some cases a big is in circulation and the South Korean government identified that were millions of cryptocurrencies circulated for illegal purposes.  :-\

I can keep them in online or offline wallet even in hardwarewallet, I bit not understand what it means. in my country bitcoin or cryptocurrency is not ban but can not be used for payment, because cryptocurrency is the currency that is not legal as payment in my country and it's supported banks in the country.

I would also wanted to keep it in online or offline wallet even though let us consider that bitcoin become a legal mode of currency in my country. Since bitcoin is a digital currency and I choose to store it in a digital way too. But if ever one of that days real banks accept bitcoin to hold it as a investment like a fiat maybe I'll think about it to store my coin in a bank.

It seems to me silly to forbid something that will soon become all-embracing (cryptocurrencies). Bitcoin needs to be introduced into the system but this will only happen over time.

Waiting for the second part of February. When the CNY will finish) Every year is the same picture dump before, pump after) Trying to see the bottom by volume spikes and take a little profit on bounces. Hope won't become an investor for a long-term)

I think as a common bitcoiner, I can do nothing but be  responsible one.  I think if bitcoin will not be used in illegal transaction like money laundering and scam, any government will no reason to ban it.  On the other hand, those country who banned it will soon realized how bitcoin can change the life of their citizens and the economy of their country as a whole.  

All I can do is use the Crypto currency, despite the prohibitions. Technical capabilities, such as TOP, VPN and proxy, allow us to easily circumvent these prohibitions.
We can support crypto just if we use it.

You are right, there is always an exit and even if somebody in the senator chair want us to stop using cryptocurrency we have to fight for our rights and use VPN and all other ways.

remain as usual working and continue to seek knowledge though now the bitcoin market is declining and hopefully back up and improve because if it remains like this will be bad for bitcoin users.

My country is ban BTC in last year!But i think! Bitcoin is the best internet payment for all crypt coin!

bitcoin in Indonesia illegal but users are free to use it on the internet so actually I have no problem with it.
and it is also possible that the world should start making changes and evidence to other countries that bitcoin is indeed a
revolution in technology payments

Since crypto is legal in my country, I will create a small group of people in my community to educate them and provide them with their tools like android phones and wifi so they will understand how the cryptocurrency works. It may sounds difficult, but it seems worth to try spreading the cryptocurrency to the grass roots level. If more people know the worth of crypto in my community it will creates an opportunity such a business establishment that will accept crypto.
It’s just my simple plan and waiting for few resources to push this into action.

If bitcoin payments become legal, I might consider opening a Fried chicken store to support bitcoin payments.
Although it is very expensive to pay for bitcoin , I think I would agree if anyone wants to. ;D

True. How can virtual currency and online transactions be controlled? It is possible if some authorities and government will start controlling you personally, in case you interest them very much. People will go on trading and exchanging crypto.

Keep trading, and maybe build a small business that accepts payments / transactions using BTC

if the use of bitcoin is legal and it happens in my country, surely its going to have a lot of very positive impact with so will many people use bitcoin, of course with the attention of government legalize make someone more trust to use it, i will try to save bitcoin that I have and keep collecting it, and will many people who can make transactions using bitcoin be it online or offline transactions because bitcoin in legalkan by local government