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Author Topic: BTC ban in all over the world  (Read 7929 times)
katrimans
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November 24, 2017, 01:11:25 PM
 #341

It never happens man. Look at the market cap of Bitcoin, It is over $100 billion. No country can't ban Bitcoin completely. Investors have own way to trade and invest Bitcoin.
I am also having the same opinion that bitcoin is not going to get banned by any government ever just because it is increasing and enhancing the economy of the country. Bitcoinis the one which has given many people jobs even when they don’t hold any big degrees. It just needs internet connection and a laptop to work with bitcoin. Bitcoin is the one which is a blessing for people who were unemployed.

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November 24, 2017, 01:18:50 PM
 #342

highly unlikely. some country is now legalized using of bitcoin.
but well, if they ban bitcoin worldwide. i should go invest on some crypto. ethereum maybe.

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November 24, 2017, 01:43:39 PM
 #343

nah wont happen. japan has even adopted it fully, i kind of envy japan at the moment.
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November 24, 2017, 03:24:02 PM
 #344

This situation can't happen. Because Bitcoin has own value. Some countries such as America always support Bitcoin for the economy.

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November 24, 2017, 03:27:21 PM
 #345

This is impossible. It will never happen. I think that never happens because now many countries try to accept and legalize bitcoin.

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November 24, 2017, 03:35:25 PM
 #346

  Smiley :)Bitcoins live in people's support and if it will invalidate the legality of its many people will leave it and of course we know what will happen. it would be difficult for us to buy it in fiat money because in the small world we are in a hurdle. I'm sure that bitcoins will lose value and the altcoins also. But that does not mean that crypto helps us in life so there is no reason to be removed and banned Smiley Smiley
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November 24, 2017, 03:38:18 PM
 #347

I don't think bitcoin can be ban in all the country because lots of people have invested in bitcoin. Bitcoin is generally accepted and I don't see any reason why it will be ban in all the country
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November 24, 2017, 03:38:49 PM
 #348

what if the whole world bans BTC, are you still continuing to invest or buying bitcoins?
I think i will never buy and invest bitcoin ever again even it is very painful to me because maybe all of my income will be gone if that happens. Its very sad that I will be again just a ordinary student who do not have any source of income and i will just rely on my parents to provide all of my needs, if they ban btc.
Not you alone, the same scenario prevails among majority of the bitcoin users who have been here making a small regular income. Another thing such an ban will never happen, because it's completely impossible to ban an decentralized system. Even if a ban is issued, somehow people will use it same as people from banned countries use at present.


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November 24, 2017, 03:39:38 PM
 #349

It never happens man. Look at the market cap of Bitcoin, It is over $100 billion. No country can't ban Bitcoin completely. Investors have own way to trade and invest Bitcoin.
I am also having the same opinion that bitcoin is not going to get banned by any government ever just because it is increasing and enhancing the economy of the country. Bitcoinis the one which has given many people jobs even when they don’t hold any big degrees. It just needs internet connection and a laptop to work with bitcoin. Bitcoin is the one which is a blessing for people who were unemployed.

In the real, it won't be banned by the goverments in a global scale. But if gets banned by all the governments, we keep our trading and mining activity  no matter what central authorities think.


     
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November 24, 2017, 05:02:20 PM
 #350

what if the whole world bans BTC, are you still continuing to invest or buying bitcoins?

Hell to the no! will maybe attempt to sell to someone else that isnt as keen on not going to jail LOL.

its hard to get the world to agree on something unilaterally. if we had enough collusion between all goverments to foster something like this, I would be more concerned about the state of the world, rather than btc. but, even though it might be a bit difficult to locate you/identify you, if they did, would it be worth it? noone needs bitcoin to live, and at this point of regulation (worldwide banning), it would be worthless. no liquidity.

again, is it worth it?

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November 24, 2017, 05:28:05 PM
 #351

what if the whole world bans BTC, are you still continuing to invest or buying bitcoins?
The chances of that are kind of low, bitcoin may be banned in some countries but the truth is that not all the countries are going to ban bitcoin, some others like Japan are going to adopt it and if you have enough bitcoin you could move there and enjoy your bitcoin legally.

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November 24, 2017, 05:57:59 PM
 #352

Yes. They'd only ban cryptocurrency exchanges at the most and cannot ban their people in using bitcoin, so chances are I can still contribute to and acquire bitcoins somehow. Also, underground economy would also flourish as well since the rise of P2P would be inevitable given the situation.
Yes even they can control open economy which was enjoyed by only whales and billionaires now the economy is in people’s hand there is no authority owns this so no body destroy or vanish bitcoin.

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November 24, 2017, 11:41:25 PM
 #353

what if the whole world bans BTC, are you still continuing to invest or buying bitcoins?
I think i will never buy and invest bitcoin ever again even it is very painful to me because maybe all of my income will be gone if that happens. Its very sad that I will be again just a ordinary student who do not have any source of income and i will just rely on my parents to provide all of my needs, if they ban btc.
You are right a lot of people are dependent to bitcoin, specially students because they need a support to help them and for them bitcoin really beneficial and they all trust on bitcoin and live their life happily but If bitcoin ban all over the world then I think students like troubles will become double and they will be in problem.

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November 24, 2017, 11:44:08 PM
 #354

I don't think bitcoin can be ban in all the country because lots of people have invested in bitcoin. Bitcoin is generally accepted and I don't see any reason why it will be ban in all the country
Bitcoin is the popular digital currency in the world and a lot of people invest in bitcoin and now they are all dependent on bitcoin, and I am so glad to be addicted to bitcoin because this is not a bad thing because bitcoin helps us and make our future bright and if that bitcoin ban then the problems we face will become double because after that happening life time will change.


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November 28, 2017, 12:21:04 PM
 #355

i Think that can not happen
Bitcoin is so popular that many investors around the world use bitcoin to trade

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November 28, 2017, 05:02:52 PM
 #356

what if the whole world bans BTC, are you still continuing to invest or buying bitcoins?

That is not going to be possible, most of the well known countries has already started using it (being having the bitcoin ATM machine). The use of bitcoin can only be stopped when it comes to using it hand to hand (ie a clear transaction without transactions fee), but when it comes with the internet trtransactionsit can't be stopped.
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November 28, 2017, 05:22:57 PM
 #357

what if the whole world bans BTC, are you still continuing to invest or buying bitcoins?

I would still continue investing and buying bitcoins, banning bitcoin is nothing different when bitcoin was just almost unkown to some. It may be hard to find some retailers and use it but there are still going to be someone or some organizations that will accept it for sure. 

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November 28, 2017, 05:27:16 PM
 #358

There is no reason to be banned BTC all over the world. If it is banned then we would have nothing to do. So, we have to stop buying and selling of bitcoin.
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November 28, 2017, 06:01:28 PM
 #359

If this really happens, I don't know what to do. We can do nothing for this. Since bitcoin has merged with my life, it would be so hard to throw that away. It's like your marriage for years finds its end. So sad, right?

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November 29, 2017, 05:33:44 PM
 #360

The concept of banning is all about restriction or prohibiting someone, because of its harmful/dangerous effect to the people. All things do by the government is well planned and think thoroughly. In my own opinion there is a chance that the whole world will ban bitcoin because all operations of bitcoin are in accordance of the jurisdiction of the law.

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