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Author Topic: Can bitcoin be frozen?  (Read 13962 times)
fuer44
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June 05, 2017, 11:12:01 AM
 #61

in my opinion,,, I guess bitcoin would never frozen while the number of users and business people themselves who use them to transact,,, it's just possible that its use will indeed be set according to the rules in force in their respective countries

I also agree with you, besides the transaction with bitcoin is maintained and the security level is also high
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dillpicklechips
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June 06, 2017, 04:12:39 AM
 #62

Can bitcoin take Fiat's place in time? Suppose it does? Can govetment step in and stop this program?

Its not possible to do , bitcoin is decentralized and no one can stop the transaction or a specific address from functioning. We switched from cash to credit cards and I think Its safe to say that cryptocurrencies will takeover in the future but probably governments will create their own digital currencies that are under their control.


So you're saying that no matter what, bitcoin cannot be traced or be frozen by the government. I guess that makes the government alittle uncomfortable.

It cannot be frozen definitely but there is a possibility of tracing , Its something possible to avoid though. You could use Bitmixer.io to mix your coins , use a new receiving address each time someone is sending you money etc...  I doubt the government will spend time to trace each individual though , Its definitely time consuming.

This apply mostly to the users who have a huge amount of bitcoin. They can trace some but not all if you are that clever enough. Though some wallets who requires information about you and when the time the government have legalized and released a regulation they can ask that particular wallet to release information regarding its users who are in their jurisdiction and thus the addresses that are found suspicious will be questioned and failure to answer it effectively will result your account to be frozen.

Though it would be a very time consuming job, it needs to have a department that will manage these things. If ever government would want to accept and legalize Bitcoin they might as well consider this.
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June 06, 2017, 04:21:50 AM
 #63

I think this may happen, but if you look at some facts about bitcoin, it seems that bitcoin is not possible to be frozen. Even in some countries it has given legality to bitcoin as a virtual currency that has same function as real currency.
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June 09, 2017, 01:46:44 PM
 #64

I think this may happen, but if you look at some facts about bitcoin, it seems that bitcoin is not possible to be frozen. Even in some countries it has given legality to bitcoin as a virtual currency that has same function as real currency.

I do not know these countries. Yes, in some cases the government turns a blind eye to the turnover of bitcoins in the first place because it is difficult to control and secondly, because at the moment it helps to attract investment, but a full treatment of bitcoin does not.
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June 11, 2017, 04:41:58 PM
 #65

My answer is NO. Any third party willing to stop bitcoin need to invest a lot of money, a lot of time, a lot of people and resources.
Just check Andreas Antonopoulos on Youtube talking about this and you will find out how convincing he is.

The more btc continues its growth the more difficult it is to control it!! Period!

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June 14, 2017, 04:42:18 AM
 #66

The development of bitcoin is growing so rapidly that some countries have successfully adopted bitcoin as a currency that has a similar function to real currency,with support of various parties that support bitcoin so bitcoin becomes strong and growing,with some of these facts certainly not easy to make bitcoin die and I think it's "impossible" for the next few years.
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June 20, 2017, 07:18:50 AM
 #67

in my opinion,,, I guess bitcoin would never frozen while the number of users and business people themselves who use them to transact,,, it's just possible that its use will indeed be set according to the rules in force in their respective countries
If this happens what's the difference with the dollar,?
The government should not restrict the use of Bitcoin by making regulations that would hamper bitcoin transactions.
What kind of rules are appropriate?  Huh

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June 20, 2017, 07:33:57 AM
 #68


Goto the "Receive" Tab and check the address which holds your coins that you can't spend. Then right-click and if there is an option "Unfreeze", select that. After that you should be able to use these coins/funds.

Maybe you made the address that received the funds frozen accidentally while exploring electrum.
kafiddrhman
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June 21, 2017, 07:12:38 AM
 #69

If you look at the current bitcoin developments and are supported by growth of investors to always invest in bitcoins.It seems unlikely that bitcoin will freeze by any party.
And so big bitcoin contribution for users who have a good impact on economy of bitcoin users in various countries
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June 21, 2017, 11:01:13 AM
 #70

Can bitcoin take Fiat's place in time? Suppose it does? Can govetment step in and stop this program?



NO its Not Possible .bitcoin never frozen? who can do it. Only miner can do it if there stop mining that can be possible bitcoin stop but its does not possible or the Internet stop whole world but its also not possible. After That we can say bitcoin never stop and never frozen. Smiley
syarifudin
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June 22, 2017, 12:05:54 PM
 #71

Can bitcoin take Fiat's place in time? Suppose it does? Can govetment step in and stop this program?


Maybe someday bitcoin will have functions and legaliats that are parallel to the fiat currency, but to replace  function of fiat currency completely, it seems impossible.
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June 23, 2017, 11:47:10 AM
 #72

How will the Government know you have bitcoin when it is actually private? Or has the authorities found a way to unmask the owner of a bitcoin wallet? We understand that wallets are identity proof.


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yohananaomi
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June 24, 2017, 01:44:20 AM
 #73

It is not possible if bitcoins can be frozen, because bitcoin storage systems are not centralized, if anyone wants to freeze bitcoins, then they must shut down the entire internet network around the world.

Indeed, it seems difficult to do so, but if the government considers that this is a commodity that needs to be taxed, it could be the regulation will be made, although it is not easy, because the wallet is difficult to record.

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June 25, 2017, 12:26:33 AM
 #74

Can bitcoin take Fiat's place in time? Suppose it does? Can govetment step in and stop this program?
Yes maybe why not bitcoin can take the place of fiat for different reasons because it's too powerful and maybe in the near future can take this place .

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June 25, 2017, 06:58:29 PM
 #75

For now is not possible because bitcoin is always used as a means of transaction, and bitcoin is used by all people in the world Smiley
fuer44
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July 05, 2017, 02:59:27 PM
 #76

in my opinion,,, I guess bitcoin would never frozen while the number of users and business people themselves who use them to transact,,, it's just possible that its use will indeed be set according to the rules in force in their respective countries
Yes I agree with you.
Bitcoin can make transactions easier and more flexible. For example, if you want to send money from abroad then it will pass several stages - and of course taxes - before getting to the recipient's hands. When using Bitcoin simply determines the number and destination of the recipient, you can send Bitcoin anywhere, and the more convenient tax (cap) is determined by you as the sender.
If that does not make any party losses, I do not think bitcoin will be frozen.
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July 06, 2017, 02:32:38 AM
 #77

There are so many endorser to investing for bitcoin. So we can not worry about frozen bitcoin. And there's are many countries to adopting in support the movement of bitcoin. In then the btc increase the value.
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July 12, 2017, 02:08:30 AM
 #78

Bitcoin being anonymous will make hard even impossible for the government to step over. There are so many bitcoin users which cannot be traced by the government. Also, as long as there are big countries to adapt bitcoin it will  not allow bitcoin to be frozen for sure. Causing it to pump.

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July 12, 2017, 03:34:22 PM
 #79

Can bitcoin take Fiat's place in time? Suppose it does? Can govetment step in and stop this program?


Many people argue that bitcoin can not be frozen, but in fact major countries like China, Ecuador, Canada have made a rule about bitcoin stating that bitcoin is illegal.
And in some other countries stating that bitcoin can not be redeemed at any bank in the country. So the conclusion is that bitcoin can freeze if more and more countries make legal rules about bans on bitcoins

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July 12, 2017, 10:17:23 PM
 #80

Can bitcoin take Fiat's place in time? Suppose it does? Can govetment step in and stop this program?
i think its imposible , no one can stop or freeze the bitcoin , bitcoin now is so popular and its the main coin among ohter crypto currency , if you try to freeze the coin , its either you will be killed or you will be put in jail

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