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What if holding the bitcoin becomes illegal?
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Topic: What if holding the bitcoin becomes illegal? (Read 2131 times)
perla
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Re: What if holding the bitcoin becomes illegal?
March 21, 2018, 09:40:06 PM
#121
Quote from: reverseflash on March 21, 2018, 09:17:15 PM
Quote from: laravuemaster on March 21, 2018, 08:00:28 PM
Quote from: chip211 on October 25, 2017, 06:47:44 AM
If it happens to be bad, the prypto market will dump quickly and we will die.
You are right, banning of cryptocurrency only means that it is the end of cryptocurrency but as long as there are countries who are allowing people to invest on bitcoins then there is no way for crytpocurrency to die so hope for your government to legalize bitcoins.
If on all prohibitions there was such response... But usually the prohibition leads to creation of the black market and price increase and demand.
i think Gov wouldn't check people 1 by 1 especially with anonimity from bitcoin. even the access to use it get blocked. people will find way to access it even illegally. because internet is everyone's freedom
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White32
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Re: What if holding the bitcoin becomes illegal?
March 22, 2018, 12:25:47 AM
#122
If its happens the bitcoin holders will lost a big profit and investment ofcourse everyone felt disgusting and hopeless by then. But for sure bitcoin couldn't be illegal for many reasons, such as governments cannot track every person who using it itc. Bitcoin is decentralized digital currency and anonymous so making this illegal is worthless.
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Re: What if holding the bitcoin becomes illegal?
March 22, 2018, 12:27:54 AM
#123
Quote from: tornex on September 11, 2017, 08:53:39 AM
Just imagine what will happen if once the government will ban Bitcoin ?
https://blog.eth-price.com/2017/09/11/governemt-making-bitcoin-illegal/
how goverment know i have bitcoin at my wallet? im i holding my bitcoin at paperwallet, never published my address, and i never say something about bitcoin, so my family dont know too i have bitcoin, even bitcoin illegal at my country, im still holding it for future refference.
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btcCoincart
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Re: What if holding the bitcoin becomes illegal?
March 22, 2018, 12:28:30 AM
#124
I don't think it will be illegal after the G20 discussion
Today the market is very green, I love that and hope btc at least reaches the price $100K this year
Dmitry.Vastov
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Re: What if holding the bitcoin becomes illegal?
March 25, 2018, 05:08:53 PM
#125
Quote from: tornex on September 11, 2017, 08:53:39 AM
Just imagine what will happen if once the government will ban Bitcoin ?
https://blog.eth-price.com/2017/09/11/governemt-making-bitcoin-illegal/
First of all, your question is little bit deviated from the topic because owning a bitcoin and holding it is different and if holding a bitcoin is illegal then the meaning of investment will be changed because if you are investing into something and u are not allowed to wait till your profit then there is no use of investing into it and investing into BTC is very profitable, so according to me it can never be illegal and will always be allowed.
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