darkwingduck34 (OP)
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January 29, 2018, 12:14:54 PM |
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I think Bitcoin and all altcoins must show the world that no one can stop cryptocurrencies.
I wonder can someone explain how a country ban Bitcoin? And what reactions can be take for this threat?
Most people afraid on this. If we find a definite solution cryptocurrencies keep going forward.
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BitcoinHodler
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January 29, 2018, 12:58:51 PM |
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well one of the problems that is causing this "panic" mode because of either real or fake news about banning, is that people have forgotten what bitcoin stands for.
they started making money because of its rise and now they think that is all there is to bitcoin. people need to go back to understanding what bitcoin stands for, they need to understand the meaning of some words such as "decentralized" and "censorship resistance". if they do, they will also understand how silly it is to talk about "bans".
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Holding Bitcoin More Every Day
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darkwingduck34 (OP)
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January 29, 2018, 01:50:01 PM |
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@BitcoinHodler, I am a newbie and trying to understand this cencorship. If people give value and keep it then there is nothing to afraid any countrie's banning speculations.
Everyday a news coming like China is going to ban, Korea is going to ban, India is going to ban bla bla bla.
We have to show that, they can not ban.
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jrrsparkles
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January 29, 2018, 01:58:57 PM |
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I think Bitcoin and all altcoins must show the world that no one can stop cryptocurrencies.
I wonder can someone explain how a country ban Bitcoin? And what reactions can be take for this threat?
Most people afraid on this. If we find a definite solution cryptocurrencies keep going forward.
No one can stop us from using crypto currency.But if every governments control or regulate the crypto currency then it will leads to fall in the price then people don't want to invest on it.So we have to stop spreading the news about the banning of crypto currency then it can give us positive results.Panic is the main reason for price fall.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Duzenn
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January 29, 2018, 02:08:33 PM |
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It's a very simple question. If all exchanges are restricted, then altcoin and BTC lose their liquidity, and all of them lose value. But the BTC has been recognized by all countries, so there is no need to worry about this problem, but altcoin.........
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13abyknight
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January 29, 2018, 02:34:48 PM |
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Most of the times, it is national governments who get into the fray due increased use of Bitcoin in the country. As the cryptocurrency itself is based on a decentralized model, it is safe to say that central and reserve banks of countries are pretty much on the back foot being centralized by nature themselves. Hence come the ban speculations from countries which is just another source of FUD and something that could barely happen as the actual push is to regulate Bitcoin trade within the country.
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trecore4
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January 29, 2018, 02:57:17 PM |
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@BitcoinHodler, I am a newbie and trying to understand this cencorship. If people give value and keep it then there is nothing to afraid any countrie's banning speculations.
Everyday a news coming like China is going to ban, Korea is going to ban, India is going to ban bla bla bla.
We have to show that, they can not ban.
I think its not that easy to show government or country people that it can not be banned or things like that. I mean how could you stop a government, a governing body is to take care of the country, who decides what is wrong and what is right for the country's benefit. If people go deep into this then its troubling thing for us only. On the other hand which government s straight forward and who is best int he world? There is no country which is corrupt free, that is my belief and hence they will ban it if they don't like it or even if they do know that crypto currency can actually benefit them. They will do whatever they will like if things are not in their favour. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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metenjean
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January 29, 2018, 03:25:04 PM |
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Every country have their own economic regulations, with bitcoin as a global cryptocurrency that rise to a huge popularity. There is something that every government in the world want is authority, if they cant control bitcoin as currency in their own country, then all they need is just to ban it. Why allow people to use cryptocurrency when i have a country and in my country every people save their income in untraceable source and use that to evade tax and transferring money to other countries.
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farhaan
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January 29, 2018, 06:50:24 PM |
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Even if some countries try to ban bitcoin,still it would exist as its now universally accepted in most of the countries.Also the ban would not have a huge impact on bitcoin as we saw previously china taking severe steps against bitcoin and when it realized that it could not stop its citizens using bitcoins,it just came down a little bit to regulate bitcoin.
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eagleman
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January 29, 2018, 06:58:34 PM |
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I think Bitcoin and all altcoins must show the world that no one can stop cryptocurrencies.
The world already knew it that no one can stop crypto's. What the biggies are doing, they are trying to delay bitcoin and crypto's before it started to bloom.
I wonder can someone explain how a country ban Bitcoin?
When they think its a big threat to their economy, to their citizens, threat as a whole.
And what reactions can be take for this threat?
Regulation.
Most people afraid on this. If we find a definite solution cryptocurrencies keep going forward.
It cannot be stopped so whether we find definite solution for the ban, they will recognize it soon.
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Ris88
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January 29, 2018, 07:02:50 PM |
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I think Bitcoin and all altcoins must show the world that no one can stop cryptocurrencies.
I wonder can someone explain how a country ban Bitcoin? And what reactions can be take for this threat?
Most people afraid on this. If we find a definite solution cryptocurrencies keep going forward.
The speculation from me is, why in every country must have an issue that has pros and cons, where every country has a bank that makes the country's currency, and surely they will think about the reaction of bitcoin holders' income and feel unrivaled from the bitcoin system itself, if the bitcoin and atlcoin prices which we see there is no equilibrium between the Crypto's second price, where altcoin will be affected by the bitcoin price at the time the bitcoin goes down, surely the altcoin price will be destroyed, and most of the occurrence to the panic causes the dummper everywhere, and will impact on all these markets ....
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EtherSportz
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January 29, 2018, 07:17:23 PM |
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Countries really can't ban crypto (well, they could, but it would be next to impossible to enforce). What they can do is they can ban or restrict exchanges (especially ones that convert to fiat), they can make it hard for banks to connect to exchanges or demand that banks can't knowingly receive from an exchange, and they can go after ICO's (since most ICOs publicly declare their founders/team). As far as what you can do to protect yourself, I would say the same to any investor: don't have your eggs all in one basket. Protect yourself, don't invest any more than you can lose. As you make profits, take small portions of those profits out and liquidate. Yes you might lose some potential gains, but at least you can't lose ALL of your gains at that point.
You shouldn't count on the worst, but you should be able to survive it if it does happen. Also, try to read a lot. Try to get a handle on how your government talks about cyrpto. If everything they say is trying to flare up sentiment against it ("money laundering, terrorist funding, a threat to main street!"), it could be them preempting the society for a move against it. The more and more large institutions in your country are interacting with crypto the better, since these institutions have political clout, and they lend legitimacy.
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Bonsaiav
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January 29, 2018, 07:24:29 PM |
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Technological developments will always accompany the development of the times, as well as with crypto. The government has repeatedly banned bitcoins, but the enthusiasm of its citizens against bitcoin is always high. Because bitcoin has provided a lot of positive evidence, such as: Improved family economic growth (community), reducing unemployment, creating new rich people, and many more that I haven`t mentioned.
From now on, we all have to do positive speculation about bitcoin.
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yoseph
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January 29, 2018, 07:35:26 PM |
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well one of the problems that is causing this "panic" mode because of either real or fake news about banning, is that people have forgotten what bitcoin stands for.
they started making money because of its rise and now they think that is all there is to bitcoin. people need to go back to understanding what bitcoin stands for, they need to understand the meaning of some words such as "decentralized" and "censorship resistance". if they do, they will also understand how silly it is to talk about "bans".
Most investors now into bitcoins don't care about decentralization and anonymity and all those things, they are just interested in making money. But we are currently in the age of fake news so the ban speculations are going to be there for a long time and once the investors stop thinking it's all about the money and go back to the real reason behind bitcoins it will become stable.
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Rinsend
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January 29, 2018, 08:01:45 PM |
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this is only a false threat. I do not believe if bitcoin and crypto can be banned and stopped. no matter how much a country wants to ban the existence of bitcoin and crypto. this will not stop its employees from using bitcoins and crypto currencies. because it will be many ways that are made to be able to access the bitcoin and other crypto
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DooMAD
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Leave no FUD unchallenged
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January 29, 2018, 08:16:15 PM Last edit: January 29, 2018, 08:28:50 PM by DooMAD |
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The thing to remember is that many governments around the world are still reasonably ignorant when it comes to this sort of thing. History tells them that when governments banned things years ago, it generally worked, because they held all the power. Nowadays, because of the internet, encryption and decentralisation, it generally doesn't work. We have the power. There are very few practical ways to realistically enforce a ban on what we're doing here. Somehow they still haven't figured this out yet. Much of the media and the wider general public still haven't caught on either, so when Governments announce they're going to ban cryptocurrencies, the average person assumes it's a done deal. Simply because they don't know any better. So the rumour mill circulates these stories about how government are going to put the kibosh on it, because that's just how it's always been. But no more. It also worth noting that when some governments talk about " cracking down on Bitcoin", it's merely a distraction from another issue, because they're pretty desperate to shift the emphasis away from something else they're failing miserably at. Since some people out there believe the myth that Bitcoin is primarily a tool for drug lords and money launderers, some political parties will assume it might give them a boost in their ratings to speak out against it, even if they have no plan to actually do anything. Just look at Theresa May and her " any topic but Brexit" antics. It might play well in the tabloids and plenty of people may well be convinced by her little performance. But anyone even remotely well informed about crypto knows she can't ban squat. And anyone who knows anything about UK politics knows this is a leader in crisis, employing every diversionary tactic imaginable to disguise the fact she hasn't got the slightest clue where the country is heading. Theresa May has no immediate plans to do anything in relation to Bitcoin other than talk a load of bollocks about it and hope people still believe her. Even if it were possible to ban Bitcoin, she'd be too incompetent to pull it off anyway. Long story short, we can't stop the mindless speculation on banning Bitcoin, but we can quite easily see it for the nonsense it is and safely disregard it as such.
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IanDev
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January 29, 2018, 08:23:57 PM |
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I think Bitcoin and all altcoins must show the world that no one can stop cryptocurrencies.
I wonder can someone explain how a country ban Bitcoin? And what reactions can be take for this threat?
Most people afraid on this. If we find a definite solution cryptocurrencies keep going forward.
There is no technical means to completely block the blockchain. These people can't even block torrents since 2001.
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Mantisa83
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January 29, 2018, 08:31:18 PM |
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Self-regulation on international level and certifiable standards is the way to go. No single country can make a reasonable regulation on something that is global by it's nature.
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