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Author Topic: Finally, Bitcoin is a Crime in our Country.  (Read 933 times)
MidKnight
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January 02, 2018, 06:38:42 AM
 #121

That's the thing that I don't want to happen in my country. I think the best you can do is just keep it and leave it because there is still a possibility that they will lift the ban once they see the true potential of bitcoin in the future.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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January 02, 2018, 06:43:59 AM
 #122

it is very sad to hear your country is circulating bitcoin, but if you know bitcoin is a digital currency and nobody can control it so the bitcoin solution is talking without talking to people that you are bitcoin player.
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January 02, 2018, 06:46:26 AM
 #123

And the wait is officially over!  The worst news in this year is Bitcoin is Totally illegal in Bangladesh. If someone trade bitcoin then he will be punish by police in Jail!

What should we do now, Guys?  Cry

Even though the government of Bangladesh has deemed the use of bitcoin illegal in their political jurisdiction but they have no devices yet of technology on how to identify people who are engaging in bitcoins. The best thing we you can do now is to continue doing bitcoin in secret and then just spend them outside of your country. If for example you have a lot of bitcoin then try living abroad like the Philippines and spend your hard earned bitcoin there.

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January 02, 2018, 06:53:43 AM
 #124

And the wait is officially over!  The worst news in this year is Bitcoin is Totally illegal in Bangladesh. If someone trade bitcoin then he will be punish by police in Jail!

What should we do now, Guys?  Cry

Just like in the Philippines, someone known for scamming a lot of investors has whistleblowed some networking mega-scammer that uses the name bitcoins and even the data regarding bitcoin investment to attract a lot of unknowing investors to invest on the scam company. The news went viral and now a lot of people hate bitcoins.

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January 02, 2018, 07:06:36 AM
 #125

I don't like the tone of this post. It makes it like you were waiting for Bitcoin to be declared a crime. You should hold your government more accountable.

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January 02, 2018, 07:09:46 AM
 #126

And the wait is officially over!  The worst news in this year is Bitcoin is Totally illegal in Bangladesh. If someone trade bitcoin then he will be punish by police in Jail!

What should we do now, Guys?  Cry
Government in your country doesn't want your people to get rich or to have a good income. The government wants to see the people poor. If I were you, I will continue doing Bitcoin and keep holding it. Then I will travel in one country where bitcoin is accepted and stay there, use my gain profit and trade them so that I have daily expenses in my new country.
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January 02, 2018, 07:16:34 AM
 #127

they oppress what they fear, keep going .. but be catious.
best wishes

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January 02, 2018, 07:18:18 AM
 #128

there must be a reason, maybe because bitcoin can not collect taxes so they treat bitcoin in such a way, it is very unwise ..
in my country bitcoin is not banned, the government only urges people to warn that bitcoin is a high risk investment that alone

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January 02, 2018, 07:21:00 AM
 #129


Hope so. But our government doesn't understand all time, which is the best for the future. Bitcoin is a crime because it has no tax or fee! And one bank got hacked through bitcoin ! Ridiculous!

Though, We will be waiting for the good news about bitcoin.

How does a bank get hacked through bitcoin? The statement in bold fonts does not make much sense to me. I will need you to shed more light on this statement.
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January 02, 2018, 07:22:30 AM
 #130

And the wait is officially over!  The worst news in this year is Bitcoin is Totally illegal in Bangladesh. If someone trade bitcoin then he will be punish by police in Jail!

What should we do now, Guys?  Cry

This shows that government are afraid of bitcoin's growth but there is no doubt with that bitcoin will be the future currency and govenrments need to understand this.Still you can trade your bitcoins with other country exchanges and no one can find that you are using bitcoins.
If you have lot of investments in crypto currency better to move another country because bitcoin will give more profits than your monthly salary on Bangladesh.

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January 02, 2018, 07:29:57 AM
 #131

Oh come on,  does that too much?  I mean,  if they use bitcoin for the wrong way it could be possible,  but what's the matter when you just collecting bitcoin by write some post in the forum or share the post with facebook, twitter etc.? It doesn't make any sense.
It does matter when the government (and even the users) is ignorant of how bitcoin works and think it's related to HYIPs.  In my country for example, the use of bitcoin for failed HYIPs and Ponzi schemes was how bitcoin made an entry till people became 'smart' and left these schemes. Now the mention of bitcoin to any person is quickly associated to these ponzi schemes and other negative ones.
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January 02, 2018, 07:35:56 AM
 #132

i dont think it is a crime of doing bitcoin in our country but it not confirmed as legal or an illegal in our country
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January 02, 2018, 07:42:19 AM
 #133

Sadly, some countries do not understand the value of crypto currency for the society and the development of the economy. Do not let ordinary people make money, it's better for the government that people work in factories (((

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January 02, 2018, 07:47:19 AM
 #134

i dont think it is a crime of doing bitcoin in our country but it not confirmed as legal or an illegal in our country

that is impossible!
you may have missed the news. as long as there are people in your country who are investing in bitcoin then there must be a law about it somewhere. it may not be exactly set in stone and saying it is legal but be sure that it is discussed and if they have not set any regulations yet then it is legal.

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January 05, 2018, 10:23:48 AM
 #135

Bitcoin is not a crime, but it is not decentralized as you can see bitcoin in my country is not that legalized but its not a crime.  as also as bitcoin is not gambling.  Gambling is not a sin. Some other say that bitcoin is not legal in the bangladesh. Its a bad news. as long as we dont harm any people. I see bitcoin has many advantage rather than its disadvantage. It has many benefits.
Why is it good mate I mean if in some countries bitcoin adopting will get down then it will affect bitcoin in our country as well? For me bitcoin is not a crime because a lot of things are being happened around us that are highly crimped but people are not blaming it but the innocent bitcoin only, it is good to have bitcoin with you and invest in bitcoin as much as you can invest right now.

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January 05, 2018, 11:22:55 AM
 #136

Even though the government of Bangladesh has deemed the use of bitcoin illegal in their political jurisdiction but they have no devices yet of technology on how to identify people who are engaging in bitcoins. The best thing we you can do now is to continue doing bitcoin in secret and then just spend them outside of your country. If for example you have a lot of bitcoin then try living abroad like the Philippines and spend your hard earned bitcoin there.

That technology was invented last century.It's called bank transactions and bank statements!!!
Just because you're spending the coins over internet and buying things from other countires you are still breaking the laws where you live.
Still against the law.

Or are you going to use localbitcoins?
Probably the worst idea ever. You can be sure that by now half of the ads are run by the police.

And what does it mean to "do bitcoin" Huh?


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January 05, 2018, 04:08:12 PM
 #137

And the wait is officially over!  The worst news in this year is Bitcoin is Totally illegal in Bangladesh. If someone trade bitcoin then he will be punish by police in Jail!

What should we do now, Guys?  Cry
Bangladesh ban bitcoin or all others ?.
it is easy stay away from bitcoin or use strong VPN and payment using cash

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January 05, 2018, 04:16:24 PM
 #138

Who gives a shit about Bangladesh. The entire economy of Bangladesh is worth like $12.50.

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January 05, 2018, 04:18:25 PM
 #139

this is because they fear that bitcoin will replace their currency and the government cant monitor it
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January 05, 2018, 04:24:38 PM
 #140

And the wait is officially over!  The worst news in this year is Bitcoin is Totally illegal in Bangladesh. If someone trade bitcoin then he will be punish by police in Jail!

What should we do now, Guys?  Cry
That's a definite disadvantage. That way Bitcoin circulation will be limited because we can not make transactions premises free. But you can still use Bitcoin, basically Bitcoin is very free to use provided we have internet access. Technology is on the rise and we can do anything with Technology. Maybe out there are still many people who are lucky because the local government supports the use of Bitcoin. This means your job and all of us are to convince all governments to take advantage of Bitcoin. Bitcoin is a thing to be developed, Bitcoin prohibition will only make Bitcoin disappear slowly.
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