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Author Topic: BTC ban in all over the world  (Read 8077 times)
nambunamba
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November 11, 2017, 06:51:01 PM
 #41

This is very unlikely  Grin

Will never happen that the whole world agrees to this, so much companies already that are build on blockchain.
yes many company adopt this technology good to hear that. it would become bigger and bigger i believe it.

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November 11, 2017, 06:53:18 PM
 #42

I think it'll never ever be happen.But if accidentally whole world banned bitcoin maybe i wil stop buying it and invest on it

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November 11, 2017, 06:54:31 PM
 #43

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

I do not think this is a possible scenario.  First, there are already countries that is supporting Bitcoin.  Japan and  Australia, are among those who are supporting it.  But in case all countries banned BTC, then all the transactions and business that use Bitcoin will definitely go underground, or probably trade in the Deep Web/Dark Web.  Aside from that, ordinary people cannot participate in these transaction because the law make it impossible for them especially if these people are law abiding citizens.

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November 11, 2017, 06:57:03 PM
 #44

what if the whole world bans BTC, are you still continuing to invest or buying bitcoins?
how can you invest in bitcoin if it is banned? i dont get the question. If there is a way to buy bitcoins and sell them i think it will be underground, that is too risky because if at that time bitcoin and cryptos are banned there will be a law that will punish people continuing bitcoin related activities.

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November 11, 2017, 07:04:35 PM
 #45

If Bitcoin ever did ban all over the world, I'm pretty sure there is still a lot of people out there will still use it, Ban can only control a certain things but it won't stop everyone in this world there is just too many people who will stand against it.
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November 11, 2017, 07:06:42 PM
 #46

This is very unlikely  Grin

Will never happen that the whole world agrees to this, so much companies already that are build on blockchain.

I agree. Also, the world, or the different countries for that matter and masses and masses of people have already been starting to be curious about bitcoins. Something as popular and beneficial as bitcoin would be really hard to just kill off and leave hanging. Also, it helps a lot of people worldwide; imagine all the bad effects it would bring once it is banned.

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November 11, 2017, 07:07:30 PM
 #47

Then I guess we'll have to round up the world and fuck it to death.

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November 11, 2017, 07:08:16 PM
 #48

If it happened, I would have had left bitcoin. I think it is impossible to invest bitcoin at that difficult time because there will be 5% of people who will buy and sell bitcoin and do activities regarding bitcoin. but I don't think it will happen.

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November 11, 2017, 07:09:46 PM
 #49

Would you? It is like asking a dumb question.
Why would someone want something with no value anymore?
You have bitcoin but who will you deal with? There is no one who can get it anymore. You say if it is ban all over the world? So how are you going to have it if they are not permitting it?

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November 11, 2017, 07:21:36 PM
 #50

Was'nt the purpose of inventing or developing Bitcoin to do your transactions independent from banks and governments? Even if the whole world including governments and the whole financial world were to ban Bitcoin, it would still go on. Governments and banks are now involved only because they can profit from the existence of Bitcoin. So, no way they'll ban Bitcoin. And the rest of the world, that would be the population of all countries, can't ban Bitcoin, because either they are involved or they are not. People who are involved will not ban it and people who are not involved (yet) have nothing to do with it, so they would not care.

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November 11, 2017, 07:26:40 PM
 #51

Kinda unlikely to happen, fortunately. It's more possible that huge powerhouse countries ban bitcoins instead, but not the whole world as a whole. But just assuming the world would ban BTC, the price will definitely crash. Yes, maybe even down to 3 digits. But does it mean that bitcoin will be dead? Nope. I personally think it will still definitely be up if BTC were to be banned worldwide. Just with significantly lower support.

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

That is not possible,the whales of this world are invovle in cryptocurrency.
Not because whales are involved in cryptocurrency it doesn't mean it's impossible to be banned.

Everything has a chance to happen. Although, this one, is very highly unlikely. It would be counterproductive and effective to ban something that is doing a lot of good and may have the power to change and improve how things are done in the market today. It supports as lot of people's livelihood and makes the market stronger, therefore why would the world even think of banning it.

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November 11, 2017, 07:28:39 PM
 #52

what if the whole world bans BTC, are you still continuing to invest or buying bitcoins?
I dont know how are you practically saying that whole world could ban btc. Because for a worldwide ban such a decision should come in UN :p but no obviously not after a worldwide ban I wont invest in any crypto.

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November 11, 2017, 07:29:48 PM
 #53

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

The question is how are you supposed to buy it if they are already considering it as an illegal item.
Buy at blackmarket and just deal with illegal stuffs?
That will work but the value wont be that much if it is only being used underground.
I would ratger stay away than see the police in my doorsteps

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November 11, 2017, 07:59:07 PM
 #54

I joined Bitcoin in 2011 and in that time noone clearly understands about Bitcoin but I did so there is more chances that I will give some extra opportunity to Bitcoin when no one is there for it. I know about this concept and I really like it but I am also a money guy so I will also watch my profit. I will see some days if nobody joins with going back then I am afraid I have to leave it to and switch to a better market.


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November 11, 2017, 08:25:30 PM
 #55

In spite of banning of Bitcoin in whole world. it will continue to run by people all over the world because of its nature of decentralization and anonymous. Bitcoin will transact hiddenly by the people.

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November 11, 2017, 08:30:46 PM
 #56

Kinda unlikely to happen, fortunately. It's more possible that huge powerhouse countries ban bitcoins instead, but not the whole world as a whole. But just assuming the world would ban BTC, the price will definitely crash. Yes, maybe even down to 3 digits. But does it mean that bitcoin will be dead? Nope. I personally think it will still definitely be up if BTC were to be banned worldwide. Just with significantly lower support.

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

That is not possible,the whales of this world are invovle in cryptocurrency.
Not because whales are involved in cryptocurrency it doesn't mean it's impossible to be banned.

Everything has a chance to happen. Although, this one, is very highly unlikely. It would be counterproductive and effective to ban something that is doing a lot of good and may have the power to change and improve how things are done in the market today. It supports as lot of people's livelihood and makes the market stronger, therefore why would the world even think of banning it.
before all country must do that banning they may have some strong decision and reason why they must do that but as long as it is never affect them they will not make some move like that banning. But who knows but as long that there is some big company supporting it bitcoin will exist.

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November 11, 2017, 09:11:06 PM
 #57

what if the whole world bans BTC, are you still continuing to invest or buying bitcoins?
of course, I'll play Bitcoin all the time even though the whole world banned Bitcoin, we can still play with the hidden ...

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November 11, 2017, 09:16:24 PM
 #58

Being that Bitcoin is crypto, the gov wouldnt really know who is using it and who has how much, so having that said, if it was banned, it would still be safe to use in my opinion. So long as you don't tell the government that you have it, sort of like in china, it is banned, but so many people are still using it because the gov can not regulate it.
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November 11, 2017, 09:25:25 PM
 #59

With this situation, If the whole world ban Bitcoin, I'm sure that it will die. The price has fallen down under 6400 dollars now

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November 11, 2017, 09:36:42 PM
 #60

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

There are already posts like this. This is a crap post and they have been made before. You can't ban something world wide. Don't be ridiculous. Noone would allow that and we would all continue to use bitcoin and not care. Nothing will change. The world is not run by one government and some governments might not want to ban BTC. The world is not coming trolled by some secret group you know.

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