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Author Topic: What If Bitcoin is banned?  (Read 11373 times)
lisa255
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September 16, 2017, 09:59:45 AM
 #361

Yes I will. In my country many sites are banned

You can forbid websites, but bitcoin is not websites. It can not be forbidden. If a person wants to use bitcoin, then nothing can stop it. There are many programs that will make this use anonymous

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Lieldoryn
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September 16, 2017, 10:09:02 AM
 #362

Any restrictions can't change anything. Users of crypto currencies needs to understand it. We have in hand a tool to dictate terms to all governments without exception. If we believe it then the world will change for the better. Crypto currency is a revolution in the world economy and no restrictions are not to stop.
doedz
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September 16, 2017, 10:12:09 AM
 #363

when bitcoin banned will be panic sell like china that we have saw couple days ago bitcoin price go down from $4000 to $3000
It's just fud, they are deliberately making a drama and hope everyone panics.
and they managed to do it.
this is proof he has bought Bitcoin in large quantities.

It's just fud, they are deliberately making a drama and hope everyone panics.
and they managed to do it
This is proof he has already bought Bitcoin in large quantities.

Rumors Covering screenshots distributed on reddit, JP Morgan CEO Jamie Dimon has the potential to give FUDs to buy drinks, illegal market manipulation in traditional markets and forced violations.


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cotton ball
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September 16, 2017, 10:30:07 AM
 #364

Any restrictions can't change anything. Users of crypto currencies needs to understand it. We have in hand a tool to dictate terms to all governments without exception. If we believe it then the world will change for the better. Crypto currency is a revolution in the world economy and no restrictions are not to stop.

but bitcoin still remains warm in the government debate and evaluation of bitcoin instability, the government can ban if bitcoin actually makes inflation in many major countries. and if it is prohibited it will not actually stop the movement of this currency, but our crypto work will be hampered by regulation of the official ban and is considered unlawful.
DAVETUN
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September 16, 2017, 10:32:59 AM
 #365

What If Bitcoin is banned in your country will you still use it?

If you use it how will you? How will you exchange it and how will you completely use it as you do before.



The  cryptocurrency world has come to  stay,Bitcoin is the  real cashless policy talked  about globally, I see a revolution coming  where the world (United NationOPEC,ECOWAS) will converge to debate and accept the use of  Bitcoin we have nothing to fear,no government can have access to my laptop.there will always be a way out on how to use it should incase the government want to ban it use.
jossiel
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September 16, 2017, 10:38:02 AM
 #366

when bitcoin banned will be panic sell like china that we have saw couple days ago bitcoin price go down from $4000 to $3000

False news, those who called or assumed that panic selling happened majority in China.

But you are right when bitcoin is ban we seen what's possibly going to happen with the market. The price will get down and many will do panic selling.

And later on the price will increase again because of buying back.

boyshx
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September 16, 2017, 10:40:41 AM
 #367

Hopefully it should not get banned in my country but if it does then I will try to find out new ways of getting my bitcoin. The market is big and there are many back doors available out there. I might not be able to withdraw it directly to fiat and then from fiat to my bank as everything will be banned. But I may use it to trade directly to other people in forum for example so that I can get the money in exchange with it. But I won't stop using it for sure.

chineseprancing
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September 16, 2017, 10:53:41 AM
 #368

Bitcoin is decentrailesd so the fact of getting it banned is nearly very difficult becuse it is not dependent upon any  one organisation or any other if some countries ban it from using it will simply be the end of democracy is such countries but the fact is in this modern era nothing can be stoped on the long run people will eventually find some way to trade with it.So the fact of Bitcoin getting banned is nearly impossible because it was based on the fact that no one person can decide its future.
There's a possibility to banned bitcoin in some country, but I don't believe that all country in the whole world were declare bitcoin banned because if it is happen more people will be affected. Therefore some employed people thru help of bitcoin will change to unemployed. Moreover there's a possibility to increase the numbers of poor people in the world.
Rhaizan
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September 16, 2017, 11:16:27 AM
 #369

If bitcoin bad many member here are going to sad, im one of them. But i think if its happen there will become an another crypo currency that we cn use for our future.
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September 16, 2017, 11:20:00 AM
 #370

What If Bitcoin is banned in your country will you still use it?

If you use it how will you? How will you exchange it and how will you completely use it as you do before.

Actually, bitcoin is considered a forbidden currency in my country. However, with the current law, I can use bitcoin easily and openly. We still operate without any management.
happyme1818
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September 16, 2017, 12:21:19 PM
 #371

What If Bitcoin is banned in your country will you still use it?

If you use it how will you? How will you exchange it and how will you completely use it as you do before.
Of course I will still use it. It is only banned in my country but not in the whole world. You can still use it to purchase online. You can also exchange it on bitcoin exchanger to convert it to dollar if you want a fiat money.
Titanos
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September 16, 2017, 03:35:55 PM
 #372

My country bans a lot of things. For sure i'll continue using bitcoin. We are anarchists  Grin
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September 16, 2017, 03:42:18 PM
 #373

What If Bitcoin is banned in your country will you still use it?

If you use it how will you? How will you exchange it and how will you completely use it as you do before.
If bitcoin is banned in my country, I think I have to stop using it. It is sad, but I have no choice because I am under law. I don't think breaking rules just to earn, but if it is still legal in terms of browsing, I think I will continue to read more about bitcoin because it has been a part of me.

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ropyu1978
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September 16, 2017, 03:46:41 PM
 #374

What If Bitcoin is banned in your country will you still use it?

If you use it how will you? How will you exchange it and how will you completely use it as you do before.


regarding the prohibition of bitcoin in a country, is the absolute authority of the state to decide the decision. but if some friends have already been involved with crypto. there are many ways to access a site that has been blocked. which I know the state forbids and illegally does not mean we can not access and are subject to legal sanctions. so far the legal issue about btc does not exist. that's what I know.
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September 16, 2017, 03:48:43 PM
 #375

Meanwhile JP Morgan is buying BTC, despite of CEO message
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September 17, 2017, 09:38:10 AM
 #376

The government does have the authority to ban in terms of dibitcoin activities and if this happens will certainly have a very drastic reduction effect on the value of bitcoin itself. but I think this activity is not in violation of the law so why the government should ban the activities of bitcoin. I think exactly if the government can accept this bitcoin activity would be very beneficial for the welfare of the people who resuatu country. bitcoin is a solution in helping the government to reduce the unemployment rate that has been a complex problem that is often faced by a country. so I think the government should give a little space for the freedom of its citizens to do the activities dibitcoin but of course must be with the rules applied in order to run well.

 
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September 17, 2017, 12:09:15 PM
 #377

What If Bitcoin is banned in your country will you still use it?

If you use it how will you? How will you exchange it and how will you completely use it as you do before.
i guess if it was banned in my country, i would find a way to convert my total amount of bitcoins to another coin that is legal in my country. Then i guess this may be one of the ways to make it legal, but if we really think about it, the only thing that stand agains the bitcoins are law hackers and the people that are agains its value and what it could do.
That depends, but I don’t think it’s possible all countries will ban Bitcoin at a time. Even if some bans bitcoin, others won’t do the same. But if my country happens to be on the list of the countries banning Bitcoin, then VPN comes in useful or I might just convert to Fiat immediately.
Yes same in our country it seems to be impossible to ban bitcoin because the government of our country knows that a lot of people are using bitcoin as the source of income and they are also taking the benefit as the tax and the source for it. The bitcoin currency is safe and easy to use so I am using it because it is safe and easy to use because it is secure and no one can know about your income with bitcoin and they cannot detect your source of money for the bitcoin ever.
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September 17, 2017, 12:24:46 PM
 #378

Yes, I will try to bypass the ban to earn bitcoin, because I really need money to support my family. This is my kind of earnings and I will resent if the state does not allow me to earn.

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September 17, 2017, 01:11:25 PM
 #379

I don't specifically know if banning it is possible since it is widespread and some countries use it legally. It is difficult to ban something like this but if ever that would happen, I guess the economy of each country will suffer. And since some countries consider it legal, even if the other ban it there will still be bitcoin.

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September 17, 2017, 01:12:55 PM
 #380

What If Bitcoin is banned in your country will you still use it?

If you use it how will you? How will you exchange it and how will you completely use it as you do before.

Still use Bitcoin... no matter what, I have bank account in other country, so no problem...
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