bitcoin is banned

[examplens]

How can bitcoin become global when not so few countries, including Russia and China, ban it?

I'm not sure exactly what you mean, but I think these countries that you mentioned have the largest number of bitcoin users

I don't think that China could do ban of bitcoin. Because of many reasons, but in my thinking, China has made the bitcoin and also China has doing a main role to control the bitcoin, and most of the people know about bitcoin because of China. So how could possible that China ban it? Even China announced that bitcoin is legal in his country.

Do not be too sure about that, because China are working on their own version of Bitcoin at the moment and once this is introduced

to the people, the Chinese might just ban ALL other Crypto currencies. This would be a stupid move, because Bitcoin is accepted

globally and would do nicely as a method to transfer currency over the border. {not capital flight}

be sure that they China will not give up from Bitcoin. Although created by our own coin. even as I say it would be very stupid

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[doaremon]

Bitcoin is not banned in china or russia. I dont know where you got the news from. But yes its banned in few countries. Like I am living in Bangladesh and its banned here by the government but people are still using it, for its untraceable feature. And thats what people like besides high security. As long as the people keeps using it, it can't be stopped by any government. So there is a strong chance for it to become a global currency in the future.

[asriloni]

Bitcoin is not banned in china or russia. I dont know where you got the news from. But yes its banned in few countries. Like I am living in Bangladesh and its banned here by the government but people are still using it, for its untraceable feature. And thats what people like besides high security. As long as the people keeps using it, it can't be stopped by any government. So there is a strong chance for it to become a global currency in the future.

At least a lot of people are still trying using it with the hidden ways.  But I've heard in Bangladesh is strict with his civilian, I mean the Bangladesh wisdom is really sensitive with bitcoin. and even there is some people get jail cause use bitcoin.

[wahb]

Bitcoin is not banned in china or russia. I dont know where you got the news from. But yes its banned in few countries. Like I am living in Bangladesh and its banned here by the government but people are still using it, for its untraceable feature. And thats what people like besides high security. As long as the people keeps using it, it can't be stopped by any government. So there is a strong chance for it to become a global currency in the future.

i am for the first time hearing that bitcoin is banned in Bangladesh. and government has officially announced that bitcoin is bane in Bangladesh. because no other country has yet given any official statement about bitcoin. may be some countries will be thinking about it but still there is no any official announcement that either bitcoin is legal or illegal, but i am hopeful that governments will turn bitcoin as legal currency.

[Pattart]

Bitcoin is not banned in china or russia. I dont know where you got the news from. But yes its banned in few countries. Like I am living in Bangladesh and its banned here by the government but people are still using it, for its untraceable feature. And thats what people like besides high security. As long as the people keeps using it, it can't be stopped by any government. So there is a strong chance for it to become a global currency in the future.

yeah ban on the use bitcoin from each country, will not make the user cease to continue using bitcoin, because you can still transact, although bitcoin banned, because of the decentralized nature of the bitcoin

[traderethereum]

Bitcoin is not banned in china or russia. I dont know where you got the news from. But yes its banned in few countries. Like I am living in Bangladesh and its banned here by the government but people are still using it, for its untraceable feature. And thats what people like besides high security. As long as the people keeps using it, it can't be stopped by any government. So there is a strong chance for it to become a global currency in the future.

At least a lot of people are still trying using it with the hidden ways.  But I've heard in Bangladesh is strict with his civilian, I mean the Bangladesh wisdom is really sensitive with bitcoin. and even there is some people get jail cause use bitcoin.

yes i agree with you and i am sure that for now, there are more people is using bitcoin because after reach a high price, there are many newspaper in offline and online that make an article that bitcoin is a new investment and its really different with the exist investment that people know and they can have bitcoin with easy.

[Zadicar]

Bitcoin is not banned in china or russia. I dont know where you got the news from. But yes its banned in few countries. Like I am living in Bangladesh and its banned here by the government but people are still using it, for its untraceable feature. And thats what people like besides high security. As long as the people keeps using it, it can't be stopped by any government. So there is a strong chance for it to become a global currency in the future.

At least a lot of people are still trying using it with the hidden ways.  But I've heard in Bangladesh is strict with his civilian, I mean the Bangladesh wisdom is really sensitive with bitcoin. and even there is some people get jail cause use bitcoin.

yes i agree with you and i am sure that for now, there are more people is using bitcoin because after reach a high price, there are many newspaper in offline and online that make an article that bitcoin is a new investment and its really different with the exist investment that people know and they can have bitcoin with easy.

It will surely attain publicity when media and other people would saw the price of bitcoin is already high and with that they will surely got curious why bitcoin does have value which means adoption would really increase even more.It maybe banned for some countries but i believe that there are more countries would accept it,

[tech_solutions]

How can bitcoin become global when not so few countries, including Russia and China, ban it?

Bitcoin is only banned in 2 or 3 small countries that nobody cares bout. and in the rest of the world, specially the big developed countries bitcoin is not only banned but also recognized as a legal thing.

Russia has never banned bitcoin, in fact they have the biggest conferences each year taking place in Moscow (the capital) about bitcoin.

China has never banned bitcoin. their central bank even issued an statement saying "it is legal for any person to buy, hold, trade and use bitcoin"

same goes for other countries. Japan for example, has announced bitcoin to be a legal currency.

I agree with you that this both country have accepted Bitcoin but in between they use to issue the notice of warning of using bitcoin or other crypto currency is on the risk of the users and if found any misuse of it then they lead to legal problems. Even China have started to regulate the dealings of bitcoin by keeping the restriction of using the  bitcoin to limit it. This is because their are exchanges who are making a lot of dummy trades to show the high tradings in bitcoin in their exchanges so that users start to use their exchange

[zuyfg888]

How can bitcoin become global when not so few countries, including Russia and China, ban it?

Bitcoin is only banned in 2 or 3 small countries that nobody cares bout. and in the rest of the world, specially the big developed countries bitcoin is not only banned but also recognized as a legal thing.

Russia has never banned bitcoin, in fact they have the biggest conferences each year taking place in Moscow (the capital) about bitcoin.

China has never banned bitcoin. their central bank even issued an statement saying "it is legal for any person to buy, hold, trade and use bitcoin"

same goes for other countries. Japan for example, has announced bitcoin to be a legal currency.

I agree with you that this both country have accepted Bitcoin but in between they use to issue the notice of warning of using bitcoin or other crypto currency is on the risk of the users and if found any misuse of it then they lead to legal problems. Even China have started to regulate the dealings of bitcoin by keeping the restriction of using the  bitcoin to limit it. This is because their are exchanges who are making a lot of dummy trades to show the high tradings in bitcoin in their exchanges so that users start to use their exchange

If dealing with illegal things, local government must stop or banned bitcoin. We should notice or warning all those who have bad intentions with bitcoin. All of the illegal things must be stop. If bitcoin will be use for illegal things, it is truly right that bitcoin must be stopped or banned.

[LovelyPrey]

I guess China is the top user of bitcoin and the origin of bitcoin, how thing goes with this?
But there are countries that bitcoin is banned like in Bangladesh there are some other too, it is because of the fact of they cannot trace those transaction under illegal uses, even in our country but it is not yet banned by the government, but for sure, once it is noticed and being used by most people around and uses it too much in illegal, then for sure, it will be banned by country. But then, the hope of being number currency of bitcoin is still good and strong.

[Pattart]

Bitcoin is not banned in china or russia. I dont know where you got the news from. But yes its banned in few countries. Like I am living in Bangladesh and its banned here by the government but people are still using it, for its untraceable feature. And thats what people like besides high security. As long as the people keeps using it, it can't be stopped by any government. So there is a strong chance for it to become a global currency in the future.

At least a lot of people are still trying using it with the hidden ways.  But I've heard in Bangladesh is strict with his civilian, I mean the Bangladesh wisdom is really sensitive with bitcoin. and even there is some people get jail cause use bitcoin.

yes i agree with you and i am sure that for now, there are more people is using bitcoin because after reach a high price, there are many newspaper in offline and online that make an article that bitcoin is a new investment and its really different with the exist investment that people know and they can have bitcoin with easy.

It will surely attain publicity when media and other people would saw the price of bitcoin is already high and with that they will surely got curious why bitcoin does have value which means adoption would really increase even more.It maybe banned for some countries but i believe that there are more countries would accept it,

when the media began to preach about bitcoin. so there may be many who are interested in bitcoin. but the government saw that bitcoin is a threat to them? how do you think?

[darklus123]

Lol after all i didn't know that China ban bitcoin? Which is in fact they are the leading power holder in terms of mining? If i am not mistaken that in fact there were mining companies in china like bitmain?

[Carlsen]

I have read a lot about the ban of bitcoin.
But is there really a country out there where the posession of bitcoin is declared to be illegal by the government?
I have just found this statement from the bangladesh bank: "anybody caught using the virtual currency could be jailed under the country's strict anti-money laundering laws".

[bamboylee]

Lol after all i didn't know that China ban bitcoin? Which is in fact they are the leading power holder in terms of mining? If i am not mistaken that in fact there were mining companies in china like bitmain?

And PBOC is even regulating the exchanges. I do not know where he got his information but he is very well misinformed.
But in case China does ban bitcoin, then we are all dead, or not.

[YuginKadoya]

How can bitcoin become global when not so few countries, including Russia and China, ban it?

Where do you get that kind of info? your just making thread without further research on the topic, and would never ban bitcoin especially china! there are a legal transaction regarding bitcoin on both countries, and I have seen a bigger mining Rig on china where you can see that they are truly serious in investing something on bitcoin I pretty wish the same goes with my country but sad to say that there are still so much to learn regarding bitcoin when it comes in other countries other that Russia, USA, and china!

[Zadicar]

Bitcoin is not banned in china or russia. I dont know where you got the news from. But yes its banned in few countries. Like I am living in Bangladesh and its banned here by the government but people are still using it, for its untraceable feature. And thats what people like besides high security. As long as the people keeps using it, it can't be stopped by any government. So there is a strong chance for it to become a global currency in the future.

At least a lot of people are still trying using it with the hidden ways.  But I've heard in Bangladesh is strict with his civilian, I mean the Bangladesh wisdom is really sensitive with bitcoin. and even there is some people get jail cause use bitcoin.

yes i agree with you and i am sure that for now, there are more people is using bitcoin because after reach a high price, there are many newspaper in offline and online that make an article that bitcoin is a new investment and its really different with the exist investment that people know and they can have bitcoin with easy.

It will surely attain publicity when media and other people would saw the price of bitcoin is already high and with that they will surely got curious why bitcoin does have value which means adoption would really increase even more.It maybe banned for some countries but i believe that there are more countries would accept it,

when the media began to preach about bitcoin. so there may be many who are interested in bitcoin. but the government saw that bitcoin is a threat to them? how do you think?

Possibilities that government will surely block its publicity is very strong and infact they will surely stop before media would expose it to the public because they already know the things that would be mainly affected if people on their vicinity will use bitcoin.

[ged00u]

How can China be a no-bitcoin country when it's one of the countries that have the largest number of bitcoin users as well as miners? I'm not so sure about what I know but I've seen a lot of Russian bitcoin users. And why can bitcoin not be an international currency if there are only some small countries doesn't allow it? If developed countries are willing to accept bitcoin, this will make them rethink about their decision.

[20kevin20]

How can China be a no-bitcoin country when it's one of the countries that have the largest number of bitcoin users as well as miners? I'm not so sure about what I know but I've seen a lot of Russian bitcoin users. And why can bitcoin not be an international currency if there are only some small countries doesn't allow it? If developed countries are willing to accept bitcoin, this will make them rethink about their decision.

It cannot become the international currency, and most of us wouldn't agree with this idea even if it could. The reason it cannot become the international currency is that, first of all, the price would have to rise by thousands of times in order for people to regularly use it. If it would stay at the same price it has now, it would mean each of us having around $1.2 and trying to live with that. It's like having a total of $13.000.000.000 in the world - it would be useless.. they also cannot control it. If it becomes the international currency, they cannot know how many addresses you got or so, unless you're being somehow supervised which we DO NOT WANT!

[ReLieD]

It is obvious that everyone would support a thing.
There are few people who always want to argue and protest against that thing.
Same way , bitcoin also has to face a bit problems to become successful.
But I'm pretty sure I would one day become a successful currency which would be accepted by all.

[Fireblade]

It is obvious that everyone would support a thing.
There are few people who always want to argue and protest against that thing.
Same way , bitcoin also has to face a bit problems to become successful.
But I'm pretty sure I would one day become a successful currency which would be accepted by all.

there are very clear signs from which we can conclude that bitcoin is really so much successful so far. people are adopting bitcoin on a large scale because the demand of bitcoin is increasing from time to time and that is the reason that bitcoin price has cross the 1000 USD level and now trading above 1050 again.