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Author Topic: Is it legal to earn and hold bitcoin ?  (Read 5959 times)
Maesters1-
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July 07, 2016, 09:10:34 AM
 #101

As i am from country where bitcoin is stated to be a illegal currency so, its ok to earn form small services and signature campaign here and hold my bitcoins ?
I need some suggestions ?
I love bitcoin and i can't leave it !
i think most of the people are facing this problem, same is the case in our country but actually they have not stated any thing against this. and i think there is no law about crypto currency in our state policy. every there is no discussion on media. only problem is that bitcoin is not accepted in any government department or private department. may be the reason is that most of the people do not know any thing about bitcoin in our area.
Maesters1-
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July 07, 2016, 09:16:39 AM
 #102

Bitcoin is anonymous you can hold any amount of bitcoin any time you want whether it is illegal in your country or not even a person living with you don't even know that your are using/earning bitcoins or not . You can hold bitcoins Smiley . I hope your country start accepting bitcoins soon And yes we all love bitcoins and we can't leave it .
but if he is holding the bitcoin illegally. it is not fair i dont think that if an activity is illegal in some area. they why should a person continue illegal activity. so we cannot suggest to a person to continue illegal activity in their country which are bane by the government.
Indrawan77
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July 07, 2016, 09:59:42 AM
 #103

One of the greatness from bitcoin is the anonymity, it will be difficult to identify the owner of the bitcoin, however if your government forbid you, i think you better dont use it and also it will be difficult for you to cash out your earning while government controlling everything and watching you activity everywhere
drwtsn32
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July 07, 2016, 10:34:32 AM
 #104

Bitcoin not being accepted in your country does not mean it's illegal.
Your country may not just acknowledge its significance yet.
As long as there is no law against using it, you're good.
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July 07, 2016, 11:07:10 AM
 #105

Bitcoin not being accepted in your country does not mean it's illegal.
Your country may not just acknowledge its significance yet.
As long as there is no law against using it, you're good.
lol you don't read the thread carefully if bitcoin just stated illegal then it's illegal,who you are changing rules by your own,it's an official rules and you can't justify yourself because you have different opinion and point of view,though you just not read the thread fully at the end as I see your third sentence :
"As long as there is no law against using it, you're good."

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LarryHocks
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July 07, 2016, 11:42:04 AM
 #106

Well I think even if it is illegal in your country it is alright for you to hold and earn bitcoin. Just don't get caught by authority man. If you get caught worst comes to worse.

Indeed I think even if its illegal its worth holding it because its very profitable and they will not find it out.
You can easily make everything untraceable with the bitcoin in my opinion.
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July 07, 2016, 07:52:13 PM
 #107

As i am from country where bitcoin is stated to be a illegal currency so, its ok to earn form small services and signature campaign here and hold my bitcoins ?
I need some suggestions ?
I love bitcoin and i can't leave it !
This question is new to me. Of course, I know that there are some countries that has bitcoins illegal to them but for other countries, I don't think it is illegal in anyway to earn and hold bitcoins.

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Chrismeister
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July 07, 2016, 08:06:06 PM
 #108

Its really depending on the country you are located at, if you are just in a normal right country its not illegal.
If you are in a china its as a example pretty bad arranged they are wanting to make it illegal.
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July 07, 2016, 08:31:01 PM
 #109

bitcoin is completely anonymous and no one can trace you

LOL!
What is this? A trolling attempt or total incompetence?

What is this for a misterious country?? DPRK?


trickshot22
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July 07, 2016, 08:33:58 PM
 #110

Well I think even if it is illegal in your country it is alright for you to hold and earn bitcoin. Just don't get caught by authority man. If you get caught worst comes to worse.

Indeed I think even if its illegal its worth holding it because its very profitable and they will not find it out.
You can easily make everything untraceable with the bitcoin in my opinion.
well if it will be illegal then there will be a possibility that you will have trouble with law and i doubt that someone wants for this to happen, it is definitely legal to hold bitcoins i think
Vika NSFW
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July 07, 2016, 08:40:19 PM
 #111

it is definitely legal to hold bitcoins i think

About what country is talking about?
A sharia law country or ...Huh

Blinken
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July 07, 2016, 08:58:07 PM
 #112

No it's totally illegal.

You need to send all your bitcoins immediately to me to be safe from prosecution.

Bitcoin ♦♦♦ Trust in Mathematics, Not Bankers ♦♦♦
Nimbulan
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July 07, 2016, 09:08:55 PM
 #113

No it's totally illegal.

You need to send all your bitcoins immediately to me to be safe from prosecution.
yeah right, dont talk like that because some newbies will think that it isnt a joke. of course it is legal to hold your bitcoins in most of the countries, i wouldnt worry about that

it is definitely legal to hold bitcoins i think

About what country is talking about?
A sharia law country or ...Huh
well there are different countries so in some it might be legal in some it might be illegal for example russia

 
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Piltover
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July 07, 2016, 09:10:24 PM
 #114

Its really depending on the country you are located at, if you are just in a normal right country its not illegal.
If you are in a china its as a example pretty bad arranged they are wanting to make it illegal.

You are right about this, the bitcoin is used in all kind of country's and I do not think that its very illegal in most country's but I of course cannot really base this on facts.
I think that even if it is illegal its being used in such country's...
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July 07, 2016, 09:13:49 PM
 #115

Of course, it is okay to earn and hold bitcoins till the price goes higher, then you can sell.

Vika NSFW
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July 07, 2016, 09:18:58 PM
 #116

it might be illegal for example russia

Really?

2legit2
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July 07, 2016, 09:21:27 PM
 #117

Of course, it is okay to earn and hold bitcoins till the price goes higher, then you can sell.
yeah, it is definitely ok to do that, there are no laws that would prohibit the use of bitcoins and the holding of it, i think that it is a really good thing that there are no such stuff




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July 07, 2016, 09:22:05 PM
 #118

I think it is legal to earn and hold it because there are more securities in your wallet account. And you earn with fair work and holding bitcoin because it is already yours, you work for it and you have the autority on what you want to do in your bitcoin.
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July 07, 2016, 09:22:54 PM
 #119

no one can judge you if you want to buy and hold you bitcoin so it is legal you money you can do what ever you want after all that belong to you.
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July 07, 2016, 09:27:15 PM
 #120

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