Some countries do not accept bitcoin.

[esgdrhlg]

What does this mean for many countries that do not accept bitcoin?
Recent South Korea and India, as well as China are not accepting bitcoin. What will happen besides affecting some prices?
Bitcoin prices will rise or fall accordingly?

[SakinaPrincess]

Nothing gonna happen, its the loss of those countries men, When China banned bitcoin and exchanges, bitcoin went down temporarily, but then rise from 1900$ to 20000$.

[SunMixer]

What does this mean for many countries that do not accept bitcoin?
Recent South Korea and India, as well as China are not accepting bitcoin. What will happen besides affecting some prices?
Bitcoin prices will rise or fall accordingly?

Of course to fall like demand. the ban will lead to the fact that people will begin to deal with this illegally and increase their risks. And many will be abandoned altogether, so there is very little time left for bitcoin to fall to the level of 2016.

[bitcoinposts]

Nepal Bangladesh and Vietnam and Indonesia are some country banned bitcoin trading exchange and mining but as long as internet is available on this planet no country can ban

[captin crunch]

What does this mean for many countries that do not accept bitcoin?
Recent South Korea and India, as well as China are not accepting bitcoin. What will happen besides affecting some prices?
Bitcoin prices will rise or fall accordingly?

I don't think that accepting or banning of bitcoin in several countries might affect the price. Such countries are in minority, and have no enough influence over BTC.

[xiaowu55]

I felt sorry for people in these countries, the governments of these countries should be to understand the currency, they will find that the currency will become the mainstream of future monetary, countries should encourage people to participate in the COINS

[ir.yance]

if bitcoin is prohibited in some countries it does not really affect the bitcoin price, bitcoin prices up and down it depends on buyer and selcoin seller, the effect of bitcoin in banned indeed make a treader be careful in trading bitcoin

[bajigur894784]

What does this mean for many countries that do not accept bitcoin?
Recent South Korea and India, as well as China are not accepting bitcoin. What will happen besides affecting some prices?
Bitcoin prices will rise or fall accordingly?

Well, as we know, bitcoin prices are influenced by demand and supply.
of course, the news affects bitcoin prices. some bitcoin holders will panic when they hear the news or issue of bitcoin rejection. sometimes they start selling bitcoins. and of course, it will make the bitcoin price go down. because, bitcoin's willingness in the market increase.

[signaturecoin]

The problem is not with bitcoin, the problem is with ICO's, who are giving incredible returns that can not even be justified on your local banks if you decide to withdraw your money. That is why most of those China and US investors are not accepted to join any ico.

[Zilong99]

Maybe the country is banning bitcoin because it does not want the economy broken down by bitcoin, it is unlikely that the country can control the bitcoin exchange rate.

[fiulpro]

Well the thing is .. some countries are scared Because the price of bitcoins is changing all of a sudden..

Since it might hamper the current economic status of that country that's already not that nice.. they want to be clear off from a senario like that well they're not to be blamed since some are .. being dictated by the demands of some few old people that don't have that much of a good impression about bitcoins.

[TheGodFather]

What does this mean for many countries that do not accept bitcoin?
Recent South Korea and India, as well as China are not accepting bitcoin. What will happen besides affecting some prices?
Bitcoin prices will rise or fall accordingly?

Yes, it has really caused a stir especially when a lot of countries have started to put a ban on cryptocurrencies on their borders. With this, a fall in the market happened and some countries held back their support when a lot of major countries have been pulling it back due to uncertainties in the market of the cryptocurrencies that are in.

[Tavarez]

Many countries don't accept it but for me China is the source of problem. China banned Ico's then exchanges and now they about to chase those poor miners. They want also to up electricity price and cut the profit of miners. ridiculous strategy and crypto will find new safe grounds.