Natural Perm
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Activity: 72
Merit: 10
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September 15, 2017, 11:51:59 AM |
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I think bitcoin cannot be banned. Because it is not illegal and nothings wrong about using it. Actually bitcoin helps many people. Goverment would like to put tax on it when they see people are earning money without paying tax.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Rajat97
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Activity: 14
Merit: 0
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October 15, 2017, 06:01:48 PM |
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What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
People would go in tremendous amount of loss but i don't think that crypto currency would be banned because many people are supporting it and it is a valid currency. |
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kotajikikox
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Activity: 2380
Merit: 207
★Bitvest.io★ Play Plinko or Invest!
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October 15, 2017, 06:09:14 PM |
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i can't seen in my eyes bitcoin banned by all government we need to be positive thinking for the stronger of bitcoin as first digital cryptocurrency, bitcoin have a big help for the nation accepting as currency.
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hridoyb
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October 15, 2017, 06:13:29 PM |
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I think bitcoin cannot be banned. Because it is not illegal and nothings wrong about using it. Actually bitcoin helps many people. Goverment would like to put tax on it when they see people are earning money without paying tax.
Bictoin cannot be banned but bitcoin illegal some country.Like as some asia country bitcoin or crypto currency illegal because government did not allow bitcoin. |
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noeeel
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October 15, 2017, 06:16:45 PM |
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BTC cannot be banned, but if goverments aim to have more regulations, than anonymous Coins will take the lead in the futute, I assume.
A good example of an anonymous coin is DeepOnion. As you see from my signature, I support DeepOnion whereever I can. It is better than Monero. ITs just a few months old.
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rudox
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October 15, 2017, 06:23:16 PM |
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If Bitcoin is ban by virtually all the government of the world , then there will be darkness in the cryptocurrency world. A lot asset will be lost and some people may lose their life because of their loss. It will be catastrophic and terrible. Hope it will never be possible.
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gtinvest
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Activity: 61
Merit: 10
Be kind with Donate Me :-P
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October 15, 2017, 06:30:55 PM |
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What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
Otherwise i think about the government now try to found their role in crypto world. Because in this world people can make money too, and who doesnt want money at all now ? IMHO I just hope bitcoin will found their way to our life |
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Drnice
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October 15, 2017, 06:56:43 PM |
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Bitcoin cannot be totally banned by all countries, and when you say 'banned' , that will be shutting down the internet. Apart from that, bitcoin will still be used by people and cannot be locked out from the internet.
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Razmirraz
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October 15, 2017, 07:05:41 PM |
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If bitcoin banned all governments in the world. Of course bitcoin die. And money was invested evaporates in the air. And this question just "if". Bitcoin will not be banned because each government has different view on bitcoin.
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Meryn
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October 15, 2017, 07:06:45 PM |
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I'm not sure bitcoin will be banned, all the people who invest in bitcoin, and aja also that only save bitcoin, never even buy it, bitcoin almost everyone knows, and it is not possible bitcoin will be banned
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streetlight
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October 15, 2017, 09:10:27 PM |
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If BTC was banned that would just end up being good for the price because once again Bitcoin will bounce back from the FUD and become stronger like it always has.
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sweetpeaches
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Activity: 28
Merit: 0
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October 16, 2017, 01:36:36 AM |
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It won't be banned. A lot of big people have interest in it.
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2bfree
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October 16, 2017, 01:43:55 AM |
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The price would crash if it was banned that's a fact. Also the users would be cut 80 or more %
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Hawkers7
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Activity: 103
Merit: 10
“OPEN GAMING PLATFORM ”
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October 16, 2017, 01:44:32 AM |
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What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
If the government will declare that bitcoin will be illegal, those people who have bitcoin or earning bitcoin will have a hard time earning it and using it. Since it is illegal, it is punishable by law. Some of the people who knew bitcoin will just forget it because theyre scared to go to jail while some people will continue using and earning it but in a secret way. |
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SummonKing2
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October 16, 2017, 08:36:30 AM |
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If bitcoin is banned and it's gone forever I have nothing to do with life and many of us will lose daily income and I can not even raise money and hopefully the bitcoin will not be banned because I have more the dreams that I want to accomplish and this is because of bitcoin and if banned the bitcoin is just my oppression.
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weblouartisan
Full Member
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Activity: 448
Merit: 100
Lets Go Adab
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October 16, 2017, 08:49:39 AM |
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What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
I think that even bitcoin is banned, it does not mean that it would worth any less. But still no one can stop how it travel through internet and be known worldwide. So what if btc is banned. Then save more then when the supply will be more limited because no one is using it as payment then prices will go up. Btc will never be banned for long. You will just be rich in the bright side. Bitcoin can be banned in some other country but not on the entire world. Companies will fight back since they invest a lot of money to keep it running and i think that bitcoin that is circulating the market is unstoppable and it will be a business through the years that will come. |
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shawn995
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October 16, 2017, 09:46:42 AM |
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What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
I think that even bitcoin is banned, it does not mean that it would worth any less. But still no one can stop how it travel through internet and be known worldwide. So what if btc is banned. Then save more then when the supply will be more limited because no one is using it as payment then prices will go up. Btc will never be banned for long. You will just be rich in the bright side. Bitcoin can be banned in some other country but not on the entire world. Companies will fight back since they invest a lot of money to keep it running and i think that bitcoin that is circulating the market is unstoppable and it will be a business through the years that will come. according to my opinion its true that some countries are banned bitcoin in their countries but the bitcoin has no affect on this banned because if we can judge the rate and popularity rate of bitcoin after that banned it is increased very quickly so this prove that it is impossible to ban bitcoin in the whole world because more and more people are busy in investing in bitcoin. |
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edynolan
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October 16, 2017, 10:27:14 AM |
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I'm not sure that's going to happen because some countries are now legalizing bitcoins, but if you say it's likely that there will be a mess in some places because the state bans bitcoins. some people only rely on bitcoin and altcoin to get money and quit their jobs because bitcoin so automatically they will not agree and do anarchist action
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Anoush@
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October 16, 2017, 12:18:46 PM |
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Drugs, Gambling and Flesh Trade is banned in 98% countries in the world, yet it thrives in every country.
Bitcoin is already a payment system acceptable in 90+ countries and another similar amount of countries are neutral about it and most of them are not exactly ready for it. Its only about 50-60 countries which have made it illegal and trade happens there as well.
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hahay
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Activity: 3458
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
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October 16, 2017, 12:35:32 PM |
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For now I think it's going to be tough if want to ban bitcoin, because bitcoin communities are big enough in the world and bitcoin users also feel good results from bitcoin because bitcoin has good potential in the future, so chances are if bitcoin is banned then this community will move for fight it. I personally would not agree if bitcoin is banned, we must maintain the existence of bitcoin in this world.
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