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Author Topic: BTC ban in all over the world  (Read 9673 times)
paul00
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December 02, 2017, 09:17:25 AM
 #381

If bitcoin will be banned all over the world then we cannot do anything from it since it will become worthless. We can neither buy it or invest. The worst part is that we will need to accept that all that we have in there is already our loss.

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December 02, 2017, 09:26:54 AM
 #382

If the whole world forbids bitcoin then I will die bitcoin when the ban begins to take effect. It does not matter if all countries strictly ban bitcoins, surely bitcoin prices will fall.

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December 02, 2017, 09:27:41 AM
 #383

In this section the topic for BTC is not possible to be ban. Because BTC as a crypto-currency and it is spread in whole world as a approved coin in many purpose. So it is not possible.

The main reason why Bitcoin is banned in many countries is because the country feels it can not take profit from Bitcoin and the state does not want to do research first. Should the state do the analysis first before acting. Especially in a small country, they should really take advantage of Bitcoin and do not waste this opportunity. The state likes to think that Bitcoin is a form of rebellion and public action to demand freedom. By transacting with Bitcoin, we do not have to pay taxes. When we store Bitcoin, we do not keep it in the bank and the bank can not profit from it.

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December 02, 2017, 11:27:05 AM
 #384

In this section the topic for BTC is not possible to be ban. Because BTC as a crypto-currency and it is spread in whole world as a approved coin in many purpose. So it is not possible.

The main reason why Bitcoin is banned in many countries is because the country feels it can not take profit from Bitcoin and the state does not want to do research first. Should the state do the analysis first before acting. Especially in a small country, they should really take advantage of Bitcoin and do not waste this opportunity. The state likes to think that Bitcoin is a form of rebellion and public action to demand freedom. By transacting with Bitcoin, we do not have to pay taxes. When we store Bitcoin, we do not keep it in the bank and the bank can not profit from it.
Which is just absolutely fantastic. The shady schemes that banks employ to extort more money out of their customers are just utterly dreadful. Finally there's real competition that will improve the lives of everybody involved.

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December 02, 2017, 11:39:09 AM
 #385

My idea regarding this question is like a lake abundant of fish. The water in the lake will stop if there is no source at all. BTC will never be ban in all the world maybe some but it depends on its government. As for now btc is moving faster like a bountiful lake many people invest in btc. My whole scope regarding this question is no source no btc. No fish(investors) nothing at all.

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December 02, 2017, 11:42:18 AM
 #386

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

if the entire world government bans bitcoin, I will leave bitcoin. because if already included in the list of prohibitions means it is not safe for investment.

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December 02, 2017, 11:47:28 AM
 #387

what if the whole world bans BTC, are you still continuing to invest or buying bitcoins?
For the early stage of bitcoin when its just appeared, no one believe in btc. And maybe no nation goverment accept it that time, but as everyone know, after all, bitcoin has its stand and still grow. I mean, no one can banned bitcoin entirely, no matter what, bitcoin still survive and useful for many kind of payment.

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December 02, 2017, 11:51:48 AM
 #388

what if the whole world bans BTC, are you still continuing to invest or buying bitcoins?
If this happen maybe i will stop investing on bitcoin if all country ban bitcoin its not good to still remain on bitcoin we all know that bitcoin only runs for investor.

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December 02, 2017, 11:53:23 AM
 #389

what if the whole world bans BTC, are you still continuing to invest or buying bitcoins?
If this happen maybe i will stop investing on bitcoin if all country ban bitcoin its not good to still remain on bitcoin we all know that bitcoin only runs for investor.
What? Bitcoin was created precisely so governments wouldn't be able to tell you what you can and can not do with your money.

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December 02, 2017, 12:23:35 PM
 #390

Impossible! It will never happen that whole world will ban Bitcoin. Some countries do ban Bitcoin But not whole world.

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December 02, 2017, 12:53:19 PM
 #391

I think that's not possible because as I read to the news many country are now legalized bitcoin that means it is not possible to be ban all over the world and many people are now think the positive ways that bitcoin has to offer.

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December 02, 2017, 12:57:03 PM
 #392

I think that's not possible because as I read to the news many country are now legalized bitcoin that means it is not possible to be ban all over the world and many people are now think the positive ways that bitcoin has to offer.
That is not really gonna happen as we all know that bitcoin has been a long range now and people /countries were already embracing the concept and the mentality of having a card less in the future, but of course that is not that easy, we are still in the process of getting bitcoin to introduce all over the world and banning bitcoin is for sure won't happen.
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December 02, 2017, 12:58:08 PM
 #393

what if the whole world bans BTC, are you still continuing to invest or buying bitcoins?
That can't be done, because Japan is already accepted and legalized Bitcoin. And a few more countries too.

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December 02, 2017, 12:58:46 PM
 #394

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

If it will be banned then it would become illegal and it means that all who engaged with it or still using bitcoin will be considered criminals.  The fact that after almost a decade that it has been launched, only two or three countries banned bitcoin.  It means that the government will not do that.  In case, I will just continue to use and take advantage of bitcoin.

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December 02, 2017, 01:10:41 PM
 #395

I don't think it is something practical for there to be ban on btc.As btc is not something which is dealing with illegal stuff and hence its not practical for a ban for btc in the whole world.Only the foolish people will try to ban btc in their country as they may not have much idea on what it is and will try to convince the government to ban btc.BTC only helps to increase the wealth of a person as it it helps in doubling the  investment and it is no way a threat for country.When the people double their wealth it also helps in the economic growth of that particular region.And so i will continue to make investment in btc.

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December 02, 2017, 04:38:11 PM
 #396

I hope that it will not happen that the bitcoin will be banned all over the world.
However if this thing would happen I have nothing to do. If the governments will give punishment to those who will use bitcoin of course it is better stop it than to be put into imprisonment. Some governments have impose sanctions especially in the countries who totally banned bitcoin. On the other, it is also possible that the Bitcoin price and investors will be also affected or btc might lose its power.

You don't have to worry about that because it's not going to happen.

If any significant amount of countries decided to ban Bitcoin it would cause a mass migration of money to the countries that support Bitcoin.

So any country that bans it would hurt itself in the process and those that support it would prosper.

We have seen in the past that whichever country to ban the Bitcoin, they regret their decision. Firstly this decision is against the public likes and secondly even if any Govt. Declare it illegal, it can still be used online. So no one can fully Ban the bitcoins and for this purpose bitcoin was created as decentralized currency so no can control it and no one can ban it.

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Elseye
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December 02, 2017, 05:05:48 PM
 #397

It sounds too dangerous to continue dealing with btc if it will be banned everywhere.
And even if someone will go against the law and still work with btc, it will not be so popular and worthy anymore, I think
But... That's not gonna happen anyway  Grin

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December 02, 2017, 05:25:00 PM
 #398

what if the whole world bans BTC, are you still continuing to invest or buying bitcoins?
It is obviously no, how can I exchange it to cash if it was banned in the whole world? There will be no more supporters of bitcoin at all, companies that trade bitcoin to cash will no longer operate.

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December 02, 2017, 05:30:44 PM
 #399

what if the whole world bans BTC, are you still continuing to invest or buying bitcoins?
If bitcoin gets banned everywhere am sure there will be other markets that will be open for business say the dark web maybe...

Good thing it's not banned on a large scale.

       


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flumesshag
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December 02, 2017, 05:35:47 PM
 #400

That impossible. For sure. Nowaday BTC have to used in many dark places. Like deepweeb..etc and can not be banned all over the world. Ofcourse if it not legal in life, we can still use it not in life if you know what i mean

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