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Author Topic: government and bitcoins banning  (Read 2958 times)
marcbitcoins
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October 16, 2017, 12:56:59 PM
 #141

already china has banned bitcoins is there any chance that other countries may ban bitcoins?Huh

The ban has no effect so nobody afraids of China ban anymore because they failed to manipulate bitcoin as a result instead of falling it down it becomes the opposite in which value increasing to $6000. If this CHina was recognized as one of the super power nation in talking of arms and economy failed to control bitcoin how much more the other countries which is smaller than China. If your big brother salute you how much more your little brothers?  Cheesy
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October 16, 2017, 01:04:30 PM
 #142

already china has banned bitcoins is there any chance that other countries may ban bitcoins?Huh

The ban has no effect so nobody afraids of China ban anymore because they failed to manipulate bitcoin as a result instead of falling it down it becomes the opposite in which value increasing to $6000. If this CHina was recognized as one of the super power nation in talking of arms and economy failed to control bitcoin how much more the other countries which is smaller than China. If your big brother salute you how much more your little brothers?  Cheesy

Their ban didn't fail, and it wasn't even a ban on bitcoin. The coin itself it's legal there, and mining is still allowed. Also, I don't think they were attempting to influence the price of bitcoin. They just want to regulate it, and they will attempt to do that by regulating exchanges. Countries can't really ban bitcoin, so their best option is to try to regulate it. If they make it illegal, they will just completely lose control over it. If they regulate it, they will at least manage to charge some taxes on it.

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Michaelinejhian#09
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October 16, 2017, 01:25:58 PM
 #143

I don't agree on putting ban on bitcoins. It's not because that I'm one of the bitcoiners and I am enjoying it but it is very helpful especially to unemployment rate of the country.  It is not easy to be qualify in any positions or job vacancies in available fields or professions and it is not one's fault if he / she didn't qualify for the position. It goes with how companies or government provide the qualifiers that they offer for the employment.  That is why in my country, one of the biggest factor that affects poverty was because of large number of unemployment rate.

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zais
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October 16, 2017, 01:33:58 PM
 #144

sure. doesn't really matter, don't worry too much about things you can't predict and control.
Russia and Iceland are the countries that prohibit the use of bitcoin. According to Iceland's central bank, transactions with bitcoin are perceived as the movement of foreign and illegal capital because of capital controls conducted in the country after the collapse of the banking system in 2008.
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October 16, 2017, 01:37:39 PM
 #145

already china has banned bitcoins is there any chance that other countries may ban bitcoins?Huh

Maybe yes, maybe no. china has failed to reduce the value of bitcoin at the lowest level. it seems that china is no longer an obstacle to bitcoin. without china bitcoin better yet and the current proven value of bitcoin rises more than past value.
Price is not what the Chinese government concern. They want to control the people in the country by stopping Bitcoin. The more people use bitcoin in China, the harder for the government to control the people and their property. And as you know, the Chinese government wants to  control everything, not even the people in their country but also the whole world. But, they have to control the people first. Stopping bitcoin maybe the good idea, but whales do not sell bitcoin at all because they know that bitcoin is decentralized and there is no way the government can know that they are using bitcoin

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shawonngp
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October 16, 2017, 02:31:47 PM
 #146

Many countries has banned Bitcoin .  Its not destroyed becouse when one country banned bitcoin there's others country also legalize bitcoin. But bitcoin users  enjoying it and it is very helpful especially to unemployment . Unfortunately bitcoin is not support in my country .

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October 19, 2017, 10:02:52 AM
 #147

in my country they banned bitcoin year ago, but we still investing in bitcoin, because they dont know the benefits bitcoin bring to us, if they cant control bitcoin they ban it.

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October 19, 2017, 01:50:06 PM
 #148

already china has banned bitcoins is there any chance that other countries may ban bitcoins?Huh
for the problem the government will ban my country, I do not think it's going to happen for me to take advantage of the opportunity while there is still a chance if the government in my country forbids me to have a profit that I have invested at least in the form of official currency in my country
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October 19, 2017, 01:58:04 PM
 #149

Don't worry nobody can stop BTC or cryptos in general Wink

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October 29, 2017, 12:31:20 PM
 #150

already china has banned bitcoins is there any chance that other countries may ban bitcoins?Huh
Possibly yes but it doesn't matter at all because all of a sudden, after they see the advantages bitcoin can provide, I bet, they will think twice before deciding to ban bitcoin on their state or country. As long as people are continuously benefiting on bitcoin, I think there is no such reason for the government to ban bitcoin just like what China have done. But we must be still open on the possibilities that it can really happen once again. But on this current time, I think they will doubt banning it because it is observable that bitcoin is approaching its peak price.

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October 31, 2017, 11:11:06 PM
 #151

already china has banned bitcoins is there any chance that other countries may ban bitcoins?Huh
Possibly yes but it doesn't matter at all because all of a sudden, after they see the advantages bitcoin can provide, I bet, they will think twice before deciding to ban bitcoin on their state or country. As long as people are continuously benefiting on bitcoin, I think there is no such reason for the government to ban bitcoin just like what China have done. But we must be still open on the possibilities that it can really happen once again. But on this current time, I think they will doubt banning it because it is observable that bitcoin is approaching its peak price.
Yes you are right we need to be aware because bitcoin is now becoming one of the most popular cryptocurrency and that’s why people started investing in bitcoin but some governments didn’t like bitcoin because they don’t trust in bitcoin and they start banning it.
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October 31, 2017, 11:11:46 PM
 #152

already china has banned bitcoins is there any chance that other countries may ban bitcoins?Huh
Possibly yes but it doesn't matter at all because all of a sudden, after they see the advantages bitcoin can provide, I bet, they will think twice before deciding to ban bitcoin on their state or country. As long as people are continuously benefiting on bitcoin, I think there is no such reason for the government to ban bitcoin just like what China have done. But we must be still open on the possibilities that it can really happen once again. But on this current time, I think they will doubt banning it because it is observable that bitcoin is approaching its peak price.
Yes you are right we need to be aware because bitcoin is now becoming one of the most popular cryptocurrency and that’s why people started investing in bitcoin but some governments didn’t like bitcoin because they don’t trust in bitcoin and they start banning it.
Yes of course there is a relation of bitcoin and governments because all the control are always in the hand of government managers and they allow and disallow bitcoin and that’s why we also need to be prepare because it is possible that bitcoin can be consider illegal worldwide.
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October 31, 2017, 11:14:02 PM
 #153

Some countries have done this, but in the end Bitcoin will still be usable. this ban will indeed affect the cessation of various projects or exchange in the country. but it will not hinder the use of Bitccoin. Bitcoin will remain usable when we are connected to the Internet network, every time the technology will grow and we will be easier to access Bitcoin.
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November 01, 2017, 01:12:54 AM
 #154

sure. doesn't really matter, don't worry too much about things you can't predict and control.
yes. there's really nothing to worry about, that is important we enjoy the existing facilities.
take advantage of bitcoin well, government problems with bitcoin, let the governing government.
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November 01, 2017, 01:42:32 AM
 #155

I think that the next will be Russia, cause they already trying to enact control via legislative, but when they realize that it is impossible, they'll ban it
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November 01, 2017, 01:49:14 AM
 #156

Ofcourse their's a possibilities that other countries ban it too but not all of them cause their are some countries too who recognized bitcoin just look at the positive side and look when china ban bitcoin it merely affect it's price so i don't think you need to worry in this kind of news although it really has a big effect on bitcoin but always think positive.

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November 01, 2017, 02:44:13 AM
 #157

Governments of every country works on their own principles,
They accepts new policies, economic social changes as per the need of their nation.
Bitcoin as an autonomous cryptocurrency welcomed by many nations.
Some nations supported it by making a legal currency in their country.
Countries like China first allowed bitcoins, china becomes the largest bitcoin miner, later on government banned bitcoins, which resulted fall in bitcoin prices worldwide.
North Korea also banned bitcoins in their country completely.
These countries may think bitcoin as a fraud ir threat to their centralised economy.
On the other side countries like USA, UK, Germany,Japan have welcomed bitcoins.
Going one step ahead Japan supported bitcoin by installing  ATM machines for the smooth operation of bitcoins.
In future China and other countries may allow bitcoins in their countries by putting some regulations.
No one can stop bicoins.
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November 01, 2017, 08:06:05 PM
 #158

North Korea also banned bitcoins in their country completely.

North Korea never banned bitcoin, stupid. There is no free access to the Internet in the whole country.

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November 01, 2017, 08:35:09 PM
 #159

sure. doesn't really matter, don't worry too much about things you can't predict and control.
Russia and Iceland are the countries that prohibit the use of bitcoin. According to Iceland's central bank, transactions with bitcoin are perceived as the movement of foreign and illegal capital because of capital controls conducted in the country after the collapse of the banking system in 2008.

I think that's not a good reason to ban Bitcoin from entering their country, because Bitcoin does not interfere with the paper currency that they manage at the time, Bitcoin is the only digital currency earned online, after getting Bitcoin for exchange Of course Bitcoin in currency papers in accordance with their respective currencies.
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November 03, 2017, 08:45:45 PM
 #160

Governments of every country works on their own principles,
They accepts new policies, economic social changes as per the need of their nation.
Bitcoin as an autonomous cryptocurrency welcomed by many nations.
Some nations supported it by making a legal currency in their country.
Countries like China first allowed bitcoins, china becomes the largest bitcoin miner, later on government banned bitcoins, which resulted fall in bitcoin prices worldwide.
North Korea also banned bitcoins in their country completely.
These countries may think bitcoin as a fraud ir threat to their centralised economy.
On the other side countries like USA, UK, Germany,Japan have welcomed bitcoins.
Going one step ahead Japan supported bitcoin by installing  ATM machines for the smooth operation of bitcoins.
In future China and other countries may allow bitcoins in their countries by putting some regulations.
No one can stop bicoins.
Bitcoins can't be restricted by any administration since a huge number of individuals have put their cash in bitcoins and billions of individuals are putting cash in bitcoins so the legislature couldn't consider the forbidding of bitcoins if the administration prohibited the bitcoins than the billions of lives will be destroyed in light of the fact that a portion of the bitcoins clients have put all their cash in bitcoins.

IBMINER DONE A GOOD JOB. I learned a lesson from him. He gave me negative trust just because i was dealing with account seller. To buy an account.
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