Worry not! The Greatest Giants are with us!

[Getmon]

If China is the only illegal country then no G20 country is illegal. All the fud news from the countries are normal but the volume of trade triggers the price but restriction like we had this year pose a scare. 15 out of 20 countries is bullish news that I recommend to shared.

Yes, please do. The more you guys share this rough information, the more you help promote Bitcoin.

My only purpose in sharing this is to at least counter all the FUDs and the negative news about Bitcoin these days. During these red days, we cannot just allow the market to be surrounded with negative news. It is does not help the market recover at all. On the contrary, it would only make the situation a lot worse. I know there are a lot of Bitcoin fans out there who are still in a real dilemma whether to sell or continue to hold even if the market is performing really bad.

I hope this piece of information would be of little help.

[fuer44]

I remain calm in this market situation. from the table that has been made earlier, only china who considers illegal bitcoin and it will not be a benchmark for other countries. this means, some countries receive bitcoin well and this will make the price back up.

[joeswaggs]

It is matter of acceptance for govt. The mass has accepted bitcoin and no worry about that. Only govt tried to seek the regualation to bitcoin and cryptocurrencies. They don't have expert in cryptocurrency so they get wrong information about the system. Most govt and bankers are old fashioned financial persons like Jamie Dimon.

I agree with you!

[paulo29]

Yes, do not worry if the price or vlue of bitcoin is in lower form, we are in this technology of advancement, wherein almost all government wanted to have an advancement in their technology for economy growth, so there is no way that we will back in anyway in the past, since almost all digital currencies are known in different countries and its benefited its user and holder, so theres no way for all the bitcoin users and trader that this will end,in fact there is a big chance that the price will increase in the next coming months until the end of this year,so don't worry more and more countries will accept digital currencies and soon it will legal and will b stable. So sit back and relax and wait until the price roars again.

[bct9t]

Actually bitcoin is like gems. So if you are with bitcoin you can feel like that. Though if you do late no worry. This giant like power we have.

[bitfocus]

it is a good work, making a short list of such positive, neutral and barred countries for Bitcoin.

[reboot24]

By any measure, Bitcoin was, is, and will be the most sure investment when it comes to cryptocurrency. The key part of such success is popularity and trust (gained due to the fact that Bitcoin was the first cryptocurrency). The more people get to know about Bitcoin, the more it grows.

Over the year 2017, the exchange rate of Bitcoin has increased almost ten times. An enormous amount of traders enriched themselves during that period. It is important to point out, that some Altcoins have been through even more active increase over the same lapse of time. However, Bitcoin is different because it is more stable.

[w5pn73]

In practice the situation is very different

canada:

Bank Of Montreal Staff Memo Appears To Show Bitcoin ‘Block’ Due To ‘Volatility’

japan:

Japan: 2 Bitcoin Exchanges Choose Shutdown Over Regulatory Compliance

Us:

Massachusetts Regulator Halts Five Firms’ ‘Unregistered’ ICO Sales

uk:

Bank of England Governor Claims Bitcoin Has ‘Failed’ As A Currency

“It [cryptocurrency] has pretty much failed thus far on... the traditional aspects of money. It is not a store of value because it is all over the map. Nobody uses it as a medium of exchange.”

South Korea:

South Korea: Financial Regulators To Investigate Banks Over Crypto AML Measures

Brazil:

Brazilian Central Bank President Says Bitcoin is Pyramid Scheme

What kind of sources are this?

"Bank of england governor says"
"Brazilian central bank president says"
"Bank of montreal staff memo"

Fail.

[butcherme]

Actually there are countries that hold big chunks of bitcoin, and there are snall countries where there are big bitcoin holders. As long as there are people who trust in technology, block chain and cryptocurrency there is no need to worry. The current market situation is temporary and cryprocurrency is just starting.

[faithupgrade]

Wonderful, thanks for sharing. It helps me to convince my self that Bitcoin will surely rebounce this dip. Later on when the crypto-restricted countries see the help of crypto currency. Soon they will enable trading crypto buy and sell again.

[doaremon]

This comes a bit late but still very much relevant, especially to somehow appease a lot of Bitcoin fans and followers who are now on the edge of panic selling because of what Bitcoin has been going through these past weeks and even months.

I hope this little information will somehow address a big doubt on a significant number of Bitcoin fans and followers on the matter of overheard information that some governments are pushing for strict regulations or even ban on Bitcoin. Please know that the majority of the most powerful and advanced countries in the world is still widely open to Bitcoin and other cryptocurrencies.

So, guys, please chill out!  

First of all thank you for sharing this information. Even I don't know the exact number of countries who accept bitcoin.
I future I think this number will increase. Bitcoin offer a lot more than flat money. According to some well known economist, one day crypto currency will be more acceptable than flat money.

[Getmon]

This comes a bit late but still very much relevant, especially to somehow appease a lot of Bitcoin fans and followers who are now on the edge of panic selling because of what Bitcoin has been going through these past weeks and even months.

I hope this little information will somehow address a big doubt on a significant number of Bitcoin fans and followers on the matter of overheard information that some governments are pushing for strict regulations or even ban on Bitcoin. Please know that the majority of the most powerful and advanced countries in the world is still widely open to Bitcoin and other cryptocurrencies.

So, guys, please chill out!  

First of all thank you for sharing this information. Even I don't know the exact number of countries who accept bitcoin.
I future I think this number will increase. Bitcoin offer a lot more than flat money. According to some well known economist, one day crypto currency will be more acceptable than flat money.

You are most welcome! 

I also don't know exactly how many countries in the world that really accept Bitcoin. My hope is that since the majority of the greatest and most advanced countries in the world are already accepting Bitcoin, others would follow their lead.

The future is very bright for Bitcoin. Cryptocurrency will be our currency in the future. Fiat will one day become so obsolete that not a single country will be using it anymore. 

[Haxor321]

This comes a bit late but still very much relevant, especially to somehow appease a lot of Bitcoin fans and followers who are now on the edge of panic selling because of what Bitcoin has been going through these past weeks and even months.

I hope this little information will somehow address a big doubt on a significant number of Bitcoin fans and followers on the matter of overheard information that some governments are pushing for strict regulations or even ban on Bitcoin. Please know that the majority of the most powerful and advanced countries in the world is still widely open to Bitcoin and other cryptocurrencies.

So, guys, please chill out!  

It's really a good news that bitcoin are really spreading worldwide and really adapted and implemented in many countries. But the totally adapting of it may cause that everybody can truly having benefit from it or maybe just the government blocked it because of many strict regulation that they wanted to implement? I hope the regulation that the government wanted to do is making useful and benefited to all, because it is sure that btc won't be decentralized anymore because of making regulations by the government. People really love btc because they have here a financial freedom and I don't know if it will exist after totally legalizing it in the government of many countries.

[obinine]

Indeed, don't stress if the cost or vlue of bitcoin is in bring down shape, we are in this innovation of headway, wherein all administration needed to have a progression in their innovation for economy development, so its absolutely impossible that we will back in at any rate previously, since every advanced cash are known in various nations and its profited its client and holder, so theres no chance to get for all the bitcoin clients and merchant that this will end,in truth there is an opportunity of a lifetime that the cost will increment in the following coming a very long time until the finish of this year,so don't stress an ever increasing number of nations will acknowledge computerized monetary standards and soon it will lawful and will b stable. So take a load off and hold up until the point that the value thunders once more.

[StevenPop]

A lot of great business men who understand markets are with bitcoin, they know that the drop in prices is just normal market movements and that there is such a long way to go and more profits to be made.

[virasog]

This comes a bit late but still very much relevant, especially to somehow appease a lot of Bitcoin fans and followers who are now on the edge of panic selling because of what Bitcoin has been going through these past weeks and even months.

I hope this little information will somehow address a big doubt on a significant number of Bitcoin fans and followers on the matter of overheard information that some governments are pushing for strict regulations or even ban on Bitcoin. Please know that the majority of the most powerful and advanced countries in the world is still widely open to Bitcoin and other cryptocurrencies.

So, guys, please chill out!  

We don't need greatest Giants. Each and every person who hold bitcoin is a giant in itself. We are the true holders and community of bitcoins. If each and every one of us hold the bitcoins and do not panic sell incipte of all the Fuds, We will be the winners and no power in the earth can destroy the bitcoins.

[Getmon]

This comes a bit late but still very much relevant, especially to somehow appease a lot of Bitcoin fans and followers who are now on the edge of panic selling because of what Bitcoin has been going through these past weeks and even months.

I hope this little information will somehow address a big doubt on a significant number of Bitcoin fans and followers on the matter of overheard information that some governments are pushing for strict regulations or even ban on Bitcoin. Please know that the majority of the most powerful and advanced countries in the world is still widely open to Bitcoin and other cryptocurrencies.

So, guys, please chill out!  

We don't need greatest Giants. Each and every person who hold bitcoin is a giant in itself. We are the true holders and community of bitcoins. If each and every one of us hold the bitcoins and do not panic sell incipte of all the Fuds, We will be the winners and no power in the earth can destroy the bitcoins.

Of course! I agree with you 100%. And because of that you deserve a single merit from me.

I just wanna extend a little effort to at least boost the confidence of some people, especially the beginners and perhaps some doubtful ones, to continue hodling their Bitcoins and believe in the technology and its goals. Of course, it would be best if the governments will support Bitcoin for its seamless use and trading. But if they will not, that's not a big deal at all as the people are really the strong and solid foundation upon which Bitcoin is truly built.

[meanwords]

This thread is probably one of the most satisfying post I've ever seen so far. You really deserve some merits my friend for removing our doubts. having only 1 illegal country actually is not that bad. Even if china were the leading country when it comes to Bitcoin before, it really won't make a great impact anymore because as of today, the volume of Bitcoin had spread around the globe now. Also, new big investors and small investors are joining the train which would benefit the price a lot. If more countries are to legalize Bitcoin, then I think it would be a tough fight for banks.

[Nellayar]

China and Russia are giant countries also and I think there are also a great loss when these two giant countries  withdrawn their legality with bitcoin. Anyway, Japan is already entered cryptocurrency. Surely, China and Russia will attract in crypto in the future because Japan is an industrialised country and it will make an innovation in cryptocurrency.

[Pistachiop]

There are so many great businessmen who have made money from investments and they have endorsed bitcoin as a good investment option meaning they are in it too so we have nothing to worry about really.