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Author Topic: Maybe governments can stop bitcoin after all  (Read 11086 times)
Sirait
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November 24, 2017, 10:12:19 PM

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

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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November 25, 2017, 05:36:41 AM

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.
Bitcoin is not strong as of now because it doesn't have supports from the people but in the future, it will be alright because bitcoin might become one of the strongest currency in the world since bitcoin is getting popular and more popular than before. Bitcoin will be used by almost everywhere because its technology is just enough to say that bitcoin will become a big deal in the future.

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November 25, 2017, 06:54:52 AM

Stop cryptocurrencies is impossible. It's a fight with windmills. Gin has long been released from the bottle. But there must be some throttling to reduce the number of frauds. The government, which will come to this sooner, will receive an economic bonus

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November 27, 2017, 02:25:27 AM

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.
No, that's will not happen, because there are so many people that working here, and there are so many people that supporting bitcoin/crypto currency. The government don't have enough power to ban all users of  bitcoin.

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November 27, 2017, 03:41:56 PM

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November 29, 2017, 01:02:30 PM


It's already expected that negative reactions are about to pour in, especially, with how government's portray the cons of using BTC and banning the usage ultimately. But, how can they really stop the industry from rising?
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November 29, 2017, 01:49:49 PM

Yeah this is the true thing. No goverment can control or manage Bitcoin. Europeans used to try but it didn't work.
That makes it incredibly difficult to regulate. Governments tried,  but they always failed. And of course, that terrifies the regulators. Bitcoin is unstoppable.

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November 29, 2017, 02:39:43 PM

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.

We cannot say that, but the thing is government can control the legality of bitcoin in its own country, what I am trying to say is, they can make bitcoin legal or banned in your country, they cannot stop bitcoin but can do it anyway.

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December 01, 2017, 12:22:45 AM

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.
It is true that the government of a certain country can stop or ban all the bitcoin activities that are happening in their country. I think it is because bitcoin can be used to some illegal activities like buying illegal guns, drugs, hiring a hitman and many more on the internet thats why some government in some countries in the world already banned it in their place to stop that kind of activities. Also, the government has the power to legalize bitcoin in their own country.

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December 01, 2017, 05:13:56 PM

I think that the government somehow still controls this process, because they wouldn't have decided to let things go on their own...it's too dangerous
Feuerbach
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December 01, 2017, 07:25:29 PM

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 ban will negatively affect the course, but I do not think that the government will be able to make it impossible to operate with a cryptocurrency. Because they can not intervene in the blockchain, but if they sign the law on prohibition, this does not mean that it will not be possible to work with the cryptocurrency Wink

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December 02, 2017, 03:57:47 AM

no they can NOT stop bitcoin.

first of all the government has never had anything against bitcoin. they have always have been against illegal things that is done with it. with bitcoin and any other cryptocurrency. this China ICO drama is the perfect example of what i just said.

secondly nobody can stop bitcoin. things like what happened can temporarily damage the price. and even if all countries announce bitcoin as illegal the price drops and that will be the worst part of it. but it won't kill bitcoin!
thats it!! government can do action against bitcoin or the whole crypto but the
question is WILL TEHY SUCCEED?impossible and not necessary.the only problem about
crypto is the ILLEGAL USE OF FUNDS BY SOME CRIMINAL personalities.but the rest
about bitcoin is helpful to every government and most for the people.so i do believe
that it will never happen or if may,it wont win over this community

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December 02, 2017, 04:05:08 AM

definately this should be taken into consideration because they litrally are pissed of seeing the huge inflow and outflow of cash through non banking systems  and they want to control all these things, so who knows... one day governments can ban all the cash entering into the banking systems through bitcoins
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December 02, 2017, 04:44:44 AM

definately this should be taken into consideration because they litrally are pissed of seeing the huge inflow and outflow of cash through non banking systems  and they want to control all these things, so who knows... one day governments can ban all the cash entering into the banking systems through bitcoins
The governments have the power to almost stop everything in this world. If all the governments will be together and convinced all of them to ban bitcoin then it will be the reason for bitcoin to stop working and all of the bitcoin users will undergo to a bankruptcy which is the worst case scenarios in the world of cryptocurrencies.

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December 02, 2017, 06:27:37 PM

definately this should be taken into consideration because they litrally are pissed of seeing the huge inflow and outflow of cash through non banking systems  and they want to control all these things, so who knows... one day governments can ban all the cash entering into the banking systems through bitcoins
The governments have the power to almost stop everything in this world. If all the governments will be together and convinced all of them to ban bitcoin then it will be the reason for bitcoin to stop working and all of the bitcoin users will undergo to a bankruptcy which is the worst case scenarios in the world of cryptocurrencies.
Unless the Bitcoin's community is threatening the world's economy and the tax of the government, there is no reason to bans Bitcoin if they can tax the Bitcoin's user.
Nowadays, not hard to tax the Bitcoin's user, they can do that through exchange easily because almost exchanges all need to use KYC for verification.

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December 02, 2017, 07:43:33 PM

Bitcoin has been banned in some countries but it still grows. In a way, it helps the developed nations, so many countries have adopted it. People can join it even though it becomes illegal because it is completely in the dark and nobody knows you. So Bitcoin will continue to grow despite the hindrance of government and banking

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December 05, 2017, 12:43:39 PM

definately this should be taken into consideration because they litrally are pissed of seeing the huge inflow and outflow of cash through non banking systems  and they want to control all these things, so who knows... one day governments can ban all the cash entering into the banking systems through bitcoins
No, You really need to get your facts straight regarding this. Governments are not controlling digital currencies in any way especially bitcoin. Bitcoin is totally decentralized and governments are working day and night to get some good control over this currency to regulate it in their states.

This is the reason many countries have not yet declared bitcoin legal officially. Governments can control only that currency which they have made.

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December 05, 2017, 12:49:11 PM

Its is impossible and no one can stop spreading and continuesly rising value of bitcoin even thou the government they cant stop bitcoin because this is a digital money that they cannot control spreading the information about bitcoin just like in our country they broadcast that the bitcoin was a scam and if you are joining here you are go to jail but for those who know literally bitcoin didnt believe what government broadcast because we know that we are earning legally and its have a big help everyone of us.


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December 05, 2017, 02:11:40 PM

No, government can not be stop bitcoin after all because  lot of people is expecting to make a good savings and investment for our future came from bitcoin. Many government got banned and against to bitcointalk, I think their reason has no tax and also decentralization but my country's government bitcoin was surely to be apart of it. All of us are working in bitcointalk because we are wanted to make some investment and get a good profit. That's why we need our government to protect us and support on how to work in bitcointalk and also our government was our guide to get away in the hand of scammers.

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