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Author Topic: Bitcoin Worldwide!  (Read 16634 times)
erickkyut (OP)
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June 06, 2016, 03:23:58 PM
 #1

Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!
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June 06, 2016, 03:38:09 PM
 #2

Well as I know the last time I checked, Russia banned Bitcoin and there are for sure many more that don't like the currency at all and that is because the bitcoin is created to replace the banking system... Anyway as you can see, the block chain technology is going stronger and stronger everyday - even if people do not understand the Bitcoin technology, it is meant to be the currency of the future, so 5 years from now I think there will be much more people using it and eventually most of the countries that didn't adopt it will be forced to do so Wink

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erickkyut (OP)
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June 06, 2016, 03:48:54 PM
 #3

Do you know the reason why Russia banned bitcoin?
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June 06, 2016, 03:52:59 PM
 #4

 
Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!
list of the countries who banned bitcoin https://www.cryptocoinsnews.com/top-10-countries-bitcoin-banned/
nobody know that the future of bitcoin even most bitcoin users has predict that bitcoin will growth and have bright future
doesn't mean this is will guarantee the future of bitcoin but may be for next 5 years the countries who banned bitcoin
will start to accept bitcoin as the currency
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June 06, 2016, 04:08:58 PM
 #5

Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!

I think North Korea not using and accept bitcoin. Bitcoin for the next 5 years, i think bitcoin will get more popular on that years and many people are using bitcoin.
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June 06, 2016, 04:30:38 PM
 #6

Bitcoins are banned in 4 countries Russia, Bangladesh, Bolivia, Ecuado while it's accepted by China, Brazil, the Isle of Man, Jersey, the United Kingdom, and the United States. My country India is still monitoring its use and it's still not considered legal in any country. If any Government plans to accept this currency, we can see it as a legal form of currency just like dollars and euros. I don't think it can happen in the next 1-2 years.

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June 06, 2016, 04:47:03 PM
 #7

Bitcoins are banned in 4 countries Russia, Bangladesh, Bolivia, Ecuado while it's accepted by China, Brazil, the Isle of Man, Jersey, the United Kingdom, and the United States. My country India is still monitoring its use and it's still not considered legal in any country. If any Government plans to accept this currency, we can see it as a legal form of currency just like dollars and euros. I don't think it can happen in the next 1-2 years.

Your posts are one of the dumbest here in bitcointalk ,trust me.
1.Here are a list of countries that don't accept bitcoins : https://www.cryptocoinsnews.com/top-10-countries-bitcoin-banned/

2.Bitcoin is accepted by a lot of Governments around the globe.India could be one of them since there are no laws as such restricting the use of it.

3.We don't want government to accept bitcoins,we are better without the participation of government.Unless you like to pay extra service taxes for using bitcoins.

4.In about next 5 years,bitcoins will be the most used currency online taking over paypal and other third party shit services.
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June 06, 2016, 05:02:20 PM
 #8

Not accepted in local exchanger doesn't mean bitcoin is banned on that country as it is decentralized so no any government can stop you from using bitcoin. But exchanging them to your currency could be pain in the back if they not allow such transaction.

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June 06, 2016, 05:08:15 PM
 #9

Not accepted in local exchanger doesn't mean bitcoin is banned on that country as it is decentralized so no any government can stop you from using bitcoin. But exchanging them to your currency could be pain in the back if they not allow such transaction.
If you're smart enough you can probably get away with all the government rules and still use bitcoins.
1.Use a VPN for all your transactions.

2.Find local exchanges and bitcoin earners around your area or country.

3.Ask them for any services and pay them in bitcoins .Like ask them to buy you something online and pay them in bitcoins.You could easily exchange the bitcoins this way.There is no need of a legal exchange or a service to exchange coins.If you have a number of bitcoiners around,you can fuck the government in their butt!
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June 06, 2016, 05:27:21 PM
 #10

While its banned in those countries, it is still a grey area in a lot of countries, in which you can possibly get into trouble if they believe you are doing something illegal with it.

Even in countries where its banned, it shouldn't be a problem owning it as the police in any of those countries will probably not know what it is.

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June 06, 2016, 05:56:25 PM
 #11

Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!
there are still many countries don't accept bitcoin yet, even my country.

in the next five years I think bitcoin will still exist, but I don't have any idea about the price. it can be high or down.

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June 06, 2016, 10:25:07 PM
 #12

You shall not think of countries. There are places where BTC is popular, and others where it's not, but both places can be within the same borders, and that's normal. BTC acceptance was never supposed to grow everywhere at the same speed.

I used to be a citizen and a taxpayer. Those days are long gone.
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June 06, 2016, 11:53:23 PM
 #13

You shall not think of countries. There are places where BTC is popular, and others where it's not, but both places can be within the same borders, and that's normal. BTC acceptance was never supposed to grow everywhere at the same speed.

You should not think of countries, because it's the people who accept Bitcoin or not. Even if in a country Bitcoin is forbidden by shortsighted legal arbitrariness, people may still accept it. Banning Bitcoin is not easy. Basically countries can try to prevent the fiat-bitcoin exchange, but to prevent Bitcoin-only transactions is quite difficult.

Bitcoin will succeed not because governments approve it. It will succeed because people want to own it. People want to own Bitcoin, because it is an innovative and stable currency outside of the central bank interventionist world. The interest in Bitcoin is especially pronounced in countries with weak inflationary national currencies. Owning Bitcoin is a hedge against inflation and erratic monetary policy. So Bitcoin adoption will accelerate when the economic situation worsens and even more QE is performed as a false remedy.

ya.ya.yo!

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June 06, 2016, 11:54:34 PM
 #14

bitcoin is banned in Russia but that does not stop anyone from using it there.
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June 07, 2016, 12:37:10 AM
 #15

It seems that governments, Banks and other corporations are not too fan of Bitcoin, but they do love the blockchain. So, there's a slight chance that the list of countries banning bitcoin could become larger 5 years from now.
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June 07, 2016, 12:56:57 AM
 #16

many countries now consider bitcoin as something illegal. they do not guarantee its people and even prohibit using bitcoin bitcoin by reason of instability. however, it now appears expectancy in some countries because bitcoin is used as a second currency. The next 5 years is probably about 40% of countries in the world already recognize and legalize bitcoin.
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June 07, 2016, 01:09:26 AM
 #17

Well as I know the last time I checked, Russia banned Bitcoin and there are for sure many more that don't like the currency at all and that is because the bitcoin is created to replace the banking system... Anyway as you can see, the block chain technology is going stronger and stronger everyday - even if people do not understand the Bitcoin technology, it is meant to be the currency of the future, so 5 years from now I think there will be much more people using it and eventually most of the countries that didn't adopt it will be forced to do so Wink
Right because it, Steam cancel or negate for their accepted bitcoin payment on russia region. Well, The goverment regulate it's give a big effect for bitcoin. Does it's the big or small impact?

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June 07, 2016, 01:48:19 AM
 #18

I think countries that attempt to ban bitcoin will only fall behind as the internet adopts it.  Those countries that 'ban' it won't stop people from using it necessarily, but rather will stop exchanges from being created. 
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June 07, 2016, 04:15:23 AM
 #19

Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!

Yeah there some countries banned bitcoin, here you can find 10 countries https://www.cryptocoinsnews.com/top-10-countries-bitcoin-banned/. I think for a period of 5 years is still good bitcoin its development, and will be more and more popular. Thank you
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June 07, 2016, 04:35:26 AM
 #20

Where exactly we can find any info about actual ban of bitcoin by Russians? I tried to google for it but all I could find are articles about *potential* BTC ban.

For example here we can read that "Russian Ministry of Justice Disagrees with Bitcoin Ban Bill, Again" - https://www.cryptocoinsnews.com/russian-ministry-justice-disagrees-bitcoin-ban-bill/
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