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Author Topic: Maybe governments can stop bitcoin after all  (Read 11314 times)
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November 18, 2017, 05:48:19 PM
 #521

This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.

Anyway it's too risky. As practice shows, government can track and find each bitcoin trader and investor, who didn't declare their coins.SO, if each country would ban ICO and cryptocurrencies and invest enough money in control departamets — we all will be under threat of detection. Sad, but it is true.
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November 18, 2017, 05:55:32 PM
 #522

This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.

Anyway it's too risky. As practice shows, government can track and find each bitcoin trader and investor, who didn't declare their coins.SO, if each country would ban ICO and cryptocurrencies and invest enough money in control departamets — we all will be under threat of detection. Sad, but it is true.
No one can stop bitcoin, I think it wouldn't be happen. Because we all know that no one can control bitcoin. Even the government can't able to control bitcoin. Actually, people earning money here in btc for their needs. So nobody wants to lost this big opportunity in their life. So I hope that goverment won't banned this bitcoin.
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November 18, 2017, 05:59:41 PM
 #523

This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.

I don't think governments would actually "stop" the use of bitcoin. I foresee that they would try to use whatever advantage they have in power to regulate its use or to tax it that would actually have a more positive effect that stopping it. I think that all governments who seek a higher and better revenue with the industries that enter their jurisdiction or market would want to put their hand in the emerging potential of the bitcoin market instead of trashing it altogether by way of prohibitions and bans.

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November 19, 2017, 04:34:58 PM
 #524

The very best strategy is to research concerning the gold coin tha you would tike to purchase.And join teams that are traders plus they're planning any pump motor and puts and you may loose or earn.Most of the time you can check yourself and find out the difference when users are most on the internet and when there are other deals.l
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November 19, 2017, 07:07:45 PM
 #525

This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.

Honestly, they really can. Once the government officials of a particular country passed a law where bitcoin users can go to jail, it will lessen the users of bitcoin within that country. Now, imagine if all countries would do that, then there would be few users of bitcoin, which will lessen it’s value until it becomes worthless.
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November 19, 2017, 10:05:47 PM
 #526

This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.

The last I heard about the government of my country is that they had set up a committee to look into the Cryptocurrency and know how government can come in to make a proper regulation of it. I don't think they will want to try to stop  the blockchain and Cryptocurrency operations for now. They will want to swim in the pool of operations for a while; doing a study to know how it functions fully. The government coming in with the intention to put things in order.
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November 19, 2017, 10:12:33 PM
 #527

This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.
If that  thing would happen, I bet there will be a big rebellion that will happen and a big partition among government and its people will be done due to that disciplinary action brought by the government to evenly stop people on using bitcoin in their everyday life basis. But, if there will be a tough reasoning and proof that bitcoin has been proven to have bad effects on the state of mankind,  I think that will be an enough reason why the government will stop the usage of bitcoin in their state or country.



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November 19, 2017, 10:44:53 PM
 #528

This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.

Yes bitcoins can be stopped by governments but they can never destroyed bitcoins because it is a big industry bigger than an individual government and besides icos are been banned because of a lot of scams but bitcoins do not do that because bitcoins are a currency. If all of the countries will ban bitcoins a lot of people will protest about it for it to be back. A lot of big people are involved in this thing and they will never let their business to go down that easily and also a lot of people are dependending their lives into bitcoins so they will probably fight for it.
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November 20, 2017, 04:48:21 PM
 #529

This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.


But I think not all people who invested in bitcoin are like the people that you are thinking in your mind. Maybe, there are some who are like that especially those greedy and selfish ones. But I don't think that all people will immediately stop just because some are considering it as an illegal kind of making money.

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November 21, 2017, 06:29:59 PM
 #530

Well, government can't stop bitcoin maybe they regulate it and have taxes. We all know that government do not want decentralized because of their corruption activity. They would stop in other countries but not the whole world.
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November 23, 2017, 06:01:08 AM
 #531

Obviously no doubt for me personally who still assistance Ethereum all the time. The value that remains constant in the highest position, obviously.. this could be considered in trading that may provide a higher profit chance than other altcoins.
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November 23, 2017, 06:28:43 AM
 #532

No government can control or manage Bitcoin.I think Governments may not succeed in stopping the trading of Bitcoin.And it won't be banned, I'm sure, in most of the civilized countries.
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November 23, 2017, 12:31:57 PM
 #533

This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.
Yeah , This is the truth that many times I have seen in my 5-6 year career of the bitcoin work . Many times the news about the bitcoin ban by the government results into dump in the price of the bitcoin and clearly told that nothing can remain stable with such types of the rumours world of stupid news .
Here in mine country also I heard news like they will ban ICOs exchange like china news was going on , that effected the market not much , but I think these are stupid rumours made by some big network of the people who dump the bitcoin rate and buy himself to make profit .
So here we should keep himself away from rumours and stupid informations also until we got offical announcement by the government or any part of the government sites offically.
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November 24, 2017, 09:17:41 PM
 #534

This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.
Yeah , This is the truth that many times I have seen in my 5-6 year career of the bitcoin work . Many times the news about the bitcoin ban by the government results into dump in the price of the bitcoin and clearly told that nothing can remain stable with such types of the rumours world of stupid news .
Here in mine country also I heard news like they will ban ICOs exchange like china news was going on , that effected the market not much , but I think these are stupid rumours made by some big network of the people who dump the bitcoin rate and buy himself to make profit .
So here we should keep himself away from rumours and stupid informations also until we got offical announcement by the government or any part of the government sites offically.
Even the government, I do not trust them when they announce to ban Bitcoin. I do not think they have enough power to ban all user of Bitcoin unless all the government of the world are accept to ban Bitcoin because some reason. But, the Japanese government assured Bitcoin is safe in their country. Cool
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November 24, 2017, 09:27:35 PM
 #535

This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.
There is a notable sensibility in the altcoin world related to the roomers or fake news, meaning that there is an immediate negative reaction. Some of us don't realise that they are part of something big and their actions has results, nomather the amount of altcoin they own.
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November 24, 2017, 09:44:49 PM
 #536

No, that's not gonna be happen. We all know that government was categorize in centralization system while Bitcoin was categorize in decentralization were obviously the government can't able to control bitcoin because of this wonderful and great features of bitcoin.

Yes, bitcoin is decentralized and uncontrollable. The government has no power against bitcoin. The reason why a lot of people are more willing to invest because they think that bitcoin investment is secure.

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November 24, 2017, 09:53:56 PM
 #537

Yes, I agree to this because people seems abusive for their work. It seems people trades for just illegal matters they are no more minding their daily works. Government must stop this because gold is now defeating.

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November 24, 2017, 10:00:03 PM
 #538

Yes, I agree to this because people seems abusive for their work. It seems people trades for just illegal matters they are no more minding their daily works. Government must stop this because gold is now defeating.
What do you mean by people seems to be abusive .People who does illegal activities will carry on even if there is no bitcoin ,do you think that any government will be taking steps to combat the price of gold,what a strange analysis you have. Roll Eyes the government could control the flow of money in the cryptocurrency market by regulating it ,other than that there is nothing they can do.
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November 24, 2017, 10:12:19 PM
 #539

This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.
if they want to stop Bitcoin and all the other Altcoin,
they have to have a good reason why Bitcoin should be stopped, if it's because of investments or a very damaging business, do we all lose, so I guess they should have the right reasons to be able to close Bitcoin ...

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November 24, 2017, 10:13:38 PM
 #540

Bitcoin is not so strong like the currency's euro and dollars. Governments are more powerful than you think they can do nearly everything they want. If they work together they can destroy Bitcoin. China once banned ICO i don't know if it is still going one, but Bitcoin was falling really hard down after the ban. There was also many manipulation people were saying that btc was going to die so some people were trying to sell their coins.

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