Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: bahula33 on February 11, 2018, 07:40:45 PM



Title: limiting bitcoin
Post by: bahula33 on February 11, 2018, 07:40:45 PM
about the bitcoin going forward will be what will be withdrawn from the public, because many restrictions in some countries one of which is Indonesia which has been publicized by Bank Indonesia?


Title: Re: limiting bitcoin
Post by: Jating on February 11, 2018, 07:49:29 PM
about the bitcoin going forward will be what will be withdrawn from the public, because many restrictions in some countries one of which is Indonesia which has been publicized by Bank Indonesia?

I'm sorry but it seems I can't understand you question, although I will try my best to answer you. Yes, Indonesia has banned bitcoin lately and they are really cracking it down like what we read in this news:

https://cointelegraph.com/news/bitcoin-under-increasing-scrutiny-on-island-of-bali

That's one island in Indonesia frequented by foreigners so it really make sense for them to start there. However, there are still other countries which allows bitcoin trading like Japan, South Korea (with restrictions) and Australia. So going forward, it can still thrive and cannot be stop simply because one country has banned it like Indonesia did. And its also the case for countries with regulations around bitcoin and crypto's in general. It will continue to flourish because its unstoppable.


Title: Re: limiting bitcoin
Post by: bahula33 on February 11, 2018, 08:07:23 PM
about the bitcoin going forward will be what will be withdrawn from the public, because many restrictions in some countries one of which is Indonesia which has been publicized by Bank Indonesia?

I'm sorry but it seems I can't understand you question, although I will try my best to answer you. Yes, Indonesia has banned bitcoin lately and they are really cracking it down like what we read in this news:

https://cointelegraph.com/news/bitcoin-under-increasing-scrutiny-on-island-of-bali

That's one island in Indonesia frequented by foreigners so it really make sense for them to start there. However, there are still other countries which allows bitcoin trading like Japan, South Korea (with restrictions) and Australia. So going forward, it can still thrive and cannot be stop simply because one country has banned it like Indonesia did. And its also the case for countries with regulations around bitcoin and crypto's in general. It will continue to flourish because its unstoppable.
Yes like my desire bitcoin acceptable globally in order to increase the quality of the world economy, easy hopefully bitcoin growing rapidly


Title: Re: limiting bitcoin
Post by: bitvelk on February 11, 2018, 08:07:42 PM
Limit bitcoins easily in words, in fact, it all looks much more difficult. What adequate person will voluntarily carry their bitcoins to the state and will share their keys and passwords from their wallets with cryptocurrency?


Title: Re: limiting bitcoin
Post by: SummonKing2 on February 11, 2018, 08:21:56 PM
I think there's no limit to bitcoin how many or more bitcoin you can get and convert into a peso. and even if you have too much bitcoin and add more bitcoin you can. but in China there is a bitcoin limit. According to Reuters, an unnamed source told the publication’s Beijing office that People’s Bank of China (PBoC) officials made this statement in a recent meeting with members of the Leading Group of Beijing Internet Financial Risks Remediation,