Bitcoin Forum
May 02, 2024, 09:21:33 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: if cryptocurency is outlawed by all governments does that make it more valuable?  (Read 414 times)
frankenmint (OP)
Legendary
*
Offline Offline

Activity: 1456
Merit: 1018


HoneybadgerOfMoney.com Weed4bitcoin.com


View Profile WWW
March 28, 2015, 04:58:33 AM
 #1

Or do people ditch it altogether?  What are your opinions?

I think it becomes less valuable because people wouldn't want to risk legal harm to their assets pre-bitcoin.

1714684893
Hero Member
*
Offline Offline

Posts: 1714684893

View Profile Personal Message (Offline)

Ignore
1714684893
Reply with quote  #2

1714684893
Report to moderator
You can see the statistics of your reports to moderators on the "Report to moderator" pages.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714684893
Hero Member
*
Offline Offline

Posts: 1714684893

View Profile Personal Message (Offline)

Ignore
1714684893
Reply with quote  #2

1714684893
Report to moderator
manis
Sr. Member
****
Offline Offline

Activity: 303
Merit: 250


View Profile
March 28, 2015, 05:04:16 AM
 #2

Or do people ditch it altogether?  What are your opinions?

I think it becomes less valuable because people wouldn't want to risk legal harm to their assets pre-bitcoin.

Less valuable. Big money from VCs and Wall Street-types won't flow in.
That is an automatic dampener of price.
waterpile
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500


View Profile
March 28, 2015, 05:16:17 AM
 #3

If its being outlawed by all governments then the low demand will kill the price. It would be a hard to buy/sell large quantity of bitcoin
twister
Hero Member
*****
Offline Offline

Activity: 672
Merit: 501



View Profile WWW
March 28, 2015, 05:24:13 AM
 #4

No it will lose it's value since it will become hard for users to find others who use the same currency and are willing to trade goods or services for it.

 

██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
 
Get Free Bitcoin Now!
  ¦¯¦¦¯¦    ¦¯¦¦¯¦    ¦¯¦¦¯¦    ¦¯¦¦¯¦   
0.8%-1% House Edge
[/
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!