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Author Topic: BTC ban in all over the world  (Read 9800 times)
BeGoods
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December 05, 2017, 02:47:25 AM
 #421

what if the whole world bans BTC, are you still continuing to invest or buying bitcoins?
First thing is whole world cannot simply ban Bitcoin. If they ban Bitcoin then we will not invest more but we will still invest.
because every country has a government and they have their own rules. every country has different rules. it may be that their country is banning bitcoins but not necessarily other countries also prohibit. for now only a few countries are banning bitcoins. but the future may well be the whole country forbidding or accepting

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December 05, 2017, 03:01:07 AM
 #422

If that happens I will get into some real anonymous crypto and surely will stay in. No government has the right to interfere in our money. Paying taxes, fine, but nobody has to tell us what we consider money and what not. Period.

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December 05, 2017, 03:09:14 AM
 #423

I think that's going to happen because all the people who use bitcoin around the country know that I know only china has a problem because the bitcoins are banned in that area, I think they do not bother with the bitcoin because transactions speed up here and there are many ways to use bitcoin so there is no problem so they will not remove the bitcoin.

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December 05, 2017, 03:10:09 AM
 #424

I think bitcoin will never get banned all over the world anyways but if it ever happened of course I'll stop because it may affect my life if I still pursue bitcoin even if it is already banned everywhere. It may lose it's value and will have devastating impact to people who invested so much in this. Bitcoin is for everybody so I think it will never get dislikes to people who enjoys the income here.

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December 05, 2017, 03:32:05 AM
 #425

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

If the world bans Bitcoin definitely no one will stay in investing on it because it would not be worth it because you cannot use what you had invested. But I think that would be impossible to happen with the popularity and fast phase value of bitcoin is really getting bigger and stronger. Happy investing to all of us.

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December 05, 2017, 03:49:07 AM
 #426

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


Funny question, likewise it's impossible

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December 05, 2017, 03:53:45 AM
 #427

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

If the world bans Bitcoin definitely no one will stay in investing on it because it would not be worth it because you cannot use what you had invested. But I think that would be impossible to happen with the popularity and fast phase value of bitcoin is really getting bigger and stronger. Happy investing to all of us.

It would be still possible to use Bitcoins, of course on the illegality, but possible anyway.  You could use what you invested without problems, nothing would change on the Crypto world. The problem is that when trying to exchange Crypto-Currency to fiat and vice-versa, you could have issues with local laws. It's an extreme situation that won't happen in my opinion, but if it happens there will be always some people using Bitcoins illegaly before the laws.

Abhinav Anirudhan
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December 05, 2017, 04:23:15 AM
 #428

It's not possible that whole world bans Bitcoins system , because many countries having large scale industries and companies have started gaining profits by block chain cryptocurrencies.It would be very unlikely to all online income earners if Bitcoins are banned
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December 05, 2017, 04:26:09 AM
 #429

Of course I will not continue to invest in Bitcoin or buy any amount of Bitcoin. If something is banned, it means that it is bad or illegal. Who wants to take the big risk? I do not want to be in custody. Bitcoin is not the only cryptocurrency. There are still more and they are called alternate cryptocurrencies. Investing in alternate cryptocurrencies will give you big profit too.

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December 05, 2017, 04:29:21 AM
 #430

They can not stop bitcoin worldwide. They can regulate it but never be stopped. On the first place, bitcoin transactions are unnoticeable especially in deep web. People will find a way on circulating bitcoin and government have nothing to do with it.

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December 05, 2017, 04:33:07 AM
 #431

Bitcoin or any other currency is based on the trust of someone will pay me something in returns and hence we call it a valuable thing. If you are referring to the Bitcoin users, then there is no point of holding or buying more Bitcoins if no one is willing to accept it. I have more than 15K units of one alt-coin (worth $0) and no one is willing to accept it.

However, if you are talking about the government then in worst case they can just prevent BTC/Fiat conversion and it won't be any big issue as far as Bitcoin economy is growing around the world.

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December 05, 2017, 05:29:32 AM
 #432

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

If the whole world bans BTC then there is no reason of buying bitcoin anymore. How can you use bitcoin if no one accepts it? How can you invest in BTC if it doesn't increase its value? It is done if the whole world ban bitcoin. But don't worry I don't see any reason why banning bitcoin is necessary but it is still possible if any happen worst in the future.

People are now trusting bitcoin even more than before so have a fate that bitcoin is going to be more and more accepted by our society.

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December 05, 2017, 05:39:26 AM
 #433

I think it's too late to ban the bitcoin because everybody focuses on it and it's a lot of people ... so how did it say ban the bitcoin..the most important thing is that it's here because we live and earning great and sustained education for my children

Jr.robert
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December 05, 2017, 05:54:14 AM
 #434

Its not gonna happen ever, so no need to even expect this kind of thing.The world is running behind bitcoin...
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December 05, 2017, 06:21:56 AM
 #435

I think world always welcome new technologies. Internet was also something like bitcoin initially but now world is wholely depends upon internet. Connectivity is the biggest need of today. Bitcoin is future and still it will take time to realize it to world.

So Bitcoin is just start of future, with first innovative and revolutionary decentralized technology. There will be more development and improvement in future considering blockchain technology to provide better solutions for businesses.

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December 05, 2017, 07:43:28 AM
 #436

I don't think that all countries of the world will unite and forbid bitcoins. Even if this happens, it will be necessary
to ban the Internet completely, so that no person in the world can use the BTC. In any case, there will be private companies,
pirate sites that will continue to use bitcoin. And its price will soar. The reality is that large business itself is interested
in investing in bitcoins. And we will see a new round of BTC growth in the near future.

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December 05, 2017, 07:50:05 AM
 #437

first of all i don't think it's going to be happen what you say and the second thing that there are tons of BTC lovers in the world they will not stop trading and the 3rd thing that i think will happen if btc ban all over world that the price will bump so much
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December 05, 2017, 07:53:07 AM
 #438

firstly,it is not possible to ban bitcoin as it does not depend on any third party.it is a peer to peer network.if it really ban,there will be a lot problem to the people who are related to the bitcoin.i am a positive minded person and i dont think bitcoin will be banned.

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December 05, 2017, 07:53:51 AM
 #439

In that case, Bitcoin will grow more popular and will a safe haven for crypto lovers.

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December 05, 2017, 07:59:04 AM
 #440

This is very unlikely to happen but lets say if it does, well then there wont be any point in trading in BTC. if anyway i had to do anything illegal id make more money being a drug dealer xD.

Moreover as i said its very unlikely of this to happen.
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