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Author Topic: Can Bitcoin be ban?  (Read 2579 times)
ASHLIUSZ
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December 25, 2017, 03:17:08 PM
 #381

Can Bitcoin be ban?

no way to ban, its is crypto  Wink
I agree how they can ban it if they don't control it and have no influence on it

Bitcoin will not ban at all.Because now the bitcoin is became a one of the powerful Crypto currency.Many of the investors start to inverse in bitcoin then gold.Now the price of bitcoin is raising of nth term of gold due to increase in investors of bitcoin rather then gold.This is right time to inverse in bitcoin.
Compared to the past days bitcoin has been gaining more potential and in specific bitcoin has been getting importance similar to the traditional currency. This won't lead to a ban, and very few countries might focus towards such a initiation of banning bitcoin within the country.
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December 25, 2017, 07:58:32 PM
 #382

Of course the government has a authority to do it if the company of bitcoin do some actions that forbidden the rule of the law and I think bitcoin will not do that such thing in their history. Bitcoin is a legal company which they are accredited and recognize by the government as a legal business which has a authority to operate and deal with the investors.  There is no ban for them as long as thry follow all guidlines impose by the government.
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December 25, 2017, 08:21:23 PM
 #383

Can Bitcoin be ban?
Yes it is possible. In fact there are already countries who have banned bitcoin. Of course there's a valid reason why bitcoin can be ban. First is its anonymity, it can be used for some illegal activities because of that. Second is it is decentralized, meaning they are not going through banks which means transactions with bitcoin like buying things has no tax which can affect the economy of one country.

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December 25, 2017, 08:37:50 PM
 #384

Can Bitcoin be ban?

Bitcoin can be banned in the sense of the government can force companies and establishments to stop accepting bitcoin thus hinders its "currency function". But as asset, bitcoin can still be used as long as the government doesnt have control over the use of your computer and/or your internet connection.
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December 25, 2017, 09:57:04 PM
 #385

There is no denying that there isn't any just reason to ban Bitcoin. It goes without saying that Bitcoin shouldn't be banned. Let me ask if there is any detail which could make Bitcoin illegal. On some levels, Bitcoin seems to be more reliable than keeping money in the bank.

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December 25, 2017, 09:59:52 PM
 #386

Yes somehow it can be ban or illegal or distrusted or ignored by people or whole World. Why not?

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December 25, 2017, 10:00:39 PM
 #387

Some countries can ban the bitcoin but I don't believe that their people can not find the way to use.

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December 25, 2017, 10:10:31 PM
 #388

It's completely impossible to ban bitcoin, on paper you can be but in fact, it's not possible at all, I do not understand this way of doing things, to want to forbid everything by fear instead of 'try to control

 
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December 25, 2017, 10:58:15 PM
 #389

It's completely impossible to ban bitcoin, on paper you can be but in fact, it's not possible at all, I do not understand this way of doing things, to want to forbid everything by fear instead of 'try to control

I don't think it is impossible, it is more question of why to do so? Use it in your own favour, millions of people investing their money into it...
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December 25, 2017, 11:00:33 PM
 #390

Maybe bitcoin ban in different country. But in whole wide world it is not possible, because bitcoin and altcoin is a digital currency that helps every user to be rich
It's impossible in the whole world? Correction, there are countries in some other part of the whole wide world that are starting to ban bitcoin now. They don't care what others will say as long as they are not enthusiasts with bitcoin and they really don't like it, government has the guts to ban it. It's happening since before the start of bitcoin and now that it's more popular, it will be done.

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Blondy12
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December 25, 2017, 11:05:27 PM
 #391

Yes bitcoin can be ban or should i say that the government can forbid bitcoins and make it illegal but it is not enough reason to stop bitcoins. Because using bitcoins is unstoppable since the methods of using it is digital so it is hard to trace just incase the government will make it illegal.
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December 25, 2017, 11:09:03 PM
 #392

That's right, We've seen some countries that strictly prohibit the existence of Bitcoin and support Bitcoin. Wink
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December 25, 2017, 11:47:08 PM
 #393

Can Bitcoin be ban?
Yes, possible. It is a digital currency and it will be an online transaction, so it can be use in illegal transaction to hide their identity. What do you think why some countries banned the bitcoin, for me it is the one reason, it is not helpful to their ecomony instead it is a problem.

Additionally, those countries who have top currency can compete and can dominate by bitcoin, and currency is the one source of income of every country.

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December 25, 2017, 11:59:10 PM
 #394

Maybe it can be banned, if it is regulated in one country or another but if it will be banned in the whole nation it is impossible because other countries recognizes bitcoin as one of the online digital currnecy.
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December 26, 2017, 12:17:34 AM
 #395

No, bitcoin can be tried to ban, but technically it's impossible to organize.
It is not possible to control, and therefore punish for using it.
Hence the ban is absolutely meaningless.
Although Bitcoin is not possible to control by government and bank central but the government of all countries can prohibit their people use bitcoin, using bitcoin is considered a criminal and you will be arrested then everybody will stop using bitcoin when bitcoin will be died. I see some countries are performing this like Bangladesh, Nepal, Morocco
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December 26, 2017, 01:33:33 AM
 #396

it is quite impossible to ban bitcoin. as bitcoin is independent and free from third party.again it is a peer to peer network.so if anyone try to ban bitcoin,it will be meaningless to me.so i believe that bitcoin can never be banned.
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December 26, 2017, 01:38:56 AM
 #397

it is quite impossible to ban bitcoin. as bitcoin is independent and free from third party.again it is a peer to peer network.so if anyone try to ban bitcoin,it will be meaningless to me.so i believe that bitcoin can never be banned.
Yeah I agree, even though some countries has already banned bitcoin for good they can't stop the whole world from using bitcoin. Banning bitcoin will only result in something not good, a lot of users will go crazy about it. Bitcoin will always be part of the internet which is widely used now a days and it will really be hard to ban it completely.
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December 26, 2017, 10:59:53 AM
 #398

it is quite impossible to ban bitcoin. as bitcoin is independent and free from third party.again it is a peer to peer network.so if anyone try to ban bitcoin,it will be meaningless to me.so i believe that bitcoin can never be banned.
The thing is that the governments need to understand it the that future belongs to cryptocurrency. There is no doubt that government will ban it, but they wont get successful now, by banning it, they will advertise it for free among the people. China has blocked WhatsApp but people there are still using it with the different solutions, so same will happen to cryptocurrency as well. The best thing will be if governments start legalizing it on international forums.
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December 26, 2017, 11:09:04 AM
 #399

Well, that is a question that can be answered by different country users. Generally i don't think banning btc will produce any positive result. This is because if a ban is put at the initial stage, it will be lifted as times goes on. This plays down to the popularity and prominence the coin has gained over the years
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December 26, 2017, 11:19:16 AM
 #400

Can Bitcoin be ban?

Actually it is depend on the country you from or how the country will powerful to ban bitcoin so i hope it will not happen here in our country because most of the bitcoin user can only get financial support here in bitcoin. Most of people most especially the unemployment can get here to support their daily needs. So i think it cant be ban as long as their are so many supporter of bitcoin.

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