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Question: With Governments Banning Bitcoins. Its Going To be Dead By 2020  (Voting closed: April 11, 2018, 02:04:31 PM)
Agree - 2 (12.5%)
Disagree - 11 (68.8%)
Maybe - 3 (18.8%)
I Am Going To Gamble Because I Am Loaded - 0 (0%)
Total Voters: 16

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Author Topic: With Governments Banning Bitcoins. Its Going To be Dead By 2020  (Read 314 times)
PTPIPTTDWCD (OP)
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April 09, 2018, 02:04:31 PM
 #1

With Governments Banning Bitcoins. Its Going To be Dead By 2020. As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government. So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.
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April 09, 2018, 02:09:30 PM
 #2

I wont agree with you.

For now there is only 2 options for goverments, they can fight against crypto, and they can take profit from it.
Most of the  thinking pcountries will do the gate number 2  like russia( simple 13% tax of crypto earning)  So in my opinion they will  accept it sooner or later.

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April 09, 2018, 02:25:14 PM
 #3

Crypto is the trend. There is no government that prohibits a trend.
1. Crypto will not die, at least by 2020. Because the government has no intention of banning crypto and bitcoin. They only limit ico or law to avoid risks to citizens and avoid flowing money abroad. They will collect taxes.
2. Crypto will die when the world have no criminals, BTC will return zero if the world no longer smuggled. And of course, since human was born, that never stopped
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April 09, 2018, 02:38:58 PM
 #4

I think the government forbids crypto because they are not too familiar with crypto, they are still shocked by new things, just like someone who has never done something new then someone else trying to introduce someone about something new this is sure to make them surprised by the presence of something new, so I think the government is just surprised with the world of crypto and I'm sure the government will slowly legalize bitcoin....
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April 09, 2018, 02:39:30 PM
 #5

Bitcoin can disappears in the future, but not because governments will ban it. This ban is not possible, because there is always a way around.

Bitcoin can disappear in the future:
- if its development continues at the same pace
- if there will be more and more ways to buy altcoins for fiat money

Then it will be useless...
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April 09, 2018, 02:40:40 PM
 #6

With Governments Banning Bitcoins. Its Going To be Dead By 2020. As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government. So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.
I do not think your opinion is correct. It is possible that governments banned the sale and exchange of Bitcoins. But many people will continue to use bitcoin. No one can stop people using bitcoin, including the government
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April 09, 2018, 02:48:35 PM
 #7

There are countries that are banning the use of bitcoin as well as other cryptocurrencies. But this does not imply that all the other governments will be banning bitcoin. If you are very sure on you words then can you post an announcement coming from countries that they will ban bitcoin, place the list here. There are very few countries that have banned bitcoin, thus this mean that bitcoin is working on still expanding on the other countries of the world. 2020 is a very rich year for bitcoin.
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April 09, 2018, 02:50:36 PM
 #8

I wont agree with you.

For now there is only 2 options for goverments, they can fight against crypto, and they can take profit from it.
Most of the  thinking pcountries will do the gate number 2  like russia( simple 13% tax of crypto earning)  So in my opinion they will  accept it sooner or later.

No Asian Country Would Agree With You, As It Is Banned In Almost All of Asia (India, Bangladesh, Nepal, Korea, China, . It Violates The Forex Act, In Many Countries And Threatens The Government. As BTC is Being Used In Many Illegal Activities.
Indian Government Has Already Banned It And Named It AN Illegal Tender And Froze All Exchanges. Noone Can Sell Or Buy Bitcoins. Those Having BTC In Indian Exchanges Have Their BTC Stuck Forever. As Banks Oppose It Too.

Marchin, a senator from west Virginias, recently wrote a letter to the treasury department and Congress asking for a complete ban on Bitcoin use in the country. Senator Marchin is not alone. Another high-level politician from New York has also demanded a Bitcoin ban in the US.

I Don't See The Bans Ever Being Lifted.
 

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April 09, 2018, 02:54:06 PM
 #9

With Governments Banning Bitcoins. Its Going To be Dead By 2020. As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government. So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.
No one is agree your point because many countries are discussing the legalisation of Bitcoin. I think 2020 bitcoin is reach a milestone in all over the world so don't think negative thoughts in Bitcoin. Who said the 95% of peoples are panic in crypto investment. Majority of the non investors are panic in Bitcoin investment because many scam projects are failed in the market so some news are against in Cryptocurrency mostly Bitcoin is affected in the Crypto market. This will change soon and peoples are understand the Bitcoin potential.

 
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April 09, 2018, 02:57:22 PM
 #10

With Governments Banning Bitcoins. Its Going To be Dead By 2020. As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government. So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.

I certainly agree that if a considerable number of the countries worldwide would be banning bitcoin then it would be in deep trouble and would probably correct in surmising that it might be gone if it would not be properly regulated or continued to grow. I still think that we should just focus first on the little things which includes information drive, utilizing social media as a way to advertise and that we use bitcoin as personal advertisers and do not be shy in twlling people that we have and would be using cryptocurrency
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April 09, 2018, 02:58:12 PM
 #11

Actually there are many countries ban bitcoin, but the resident still use bitcoin. So I don't think if government ban bitcoin, it will impact to the number of people who use bitcoin.

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April 09, 2018, 02:59:42 PM
 #12

There are countries that are banning the use of bitcoin as well as other cryptocurrencies. But this does not imply that all the other governments will be banning bitcoin. If you are very sure on you words then can you post an announcement coming from countries that they will ban bitcoin, place the list here. There are very few countries that have banned bitcoin, thus this mean that bitcoin is working on still expanding on the other countries of the world. 2020 is a very rich year for bitcoin.

Its Already Banned In All Major Asian Countries. And Asia Is Worlds Largest Continent. But Even if A Few More Countries Join. Its Going To Be A Disaster For Bitcoin. As The Price Will Drop Further. I Don't See 2020 As A Rich Year For Bitcoin With Todays Conditions. But Then Again That's My Personal Opinion.
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April 09, 2018, 02:59:55 PM
 #13

With Governments Banning Bitcoins. Its Going To be Dead By 2020. As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government. So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.


I don't think government will banned bitcoin and it will be going to be dead by 2020. I don't believed it because our own government are starting to adopted and legalized crypto currency in our country,as long as we are here to support and use it then bitcoin will not die.

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April 09, 2018, 03:02:41 PM
 #14

Do you even know the difference between banning bitcoins and regulations on bitcoins? I don't remember whether there is any country that has banned bitcoin over the last one year. There are some issues going on created by bankers in India but there are no truth of bitcoin being banned by Indian government. Here you can get the idea of what the govt. of India think of cryptocurrency. https://www.youtube.com/watch?v=D9xY8_nc04g
Yes regulations have been implemented, bitcoin taxation have begun and no one can say they didn't expect these these movement from governments. You saw some negative news, mere speculations, you took the decision to create FUD on here? If you think it is time for you to cash out then do it. No one cares about your FUD.

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April 09, 2018, 03:09:37 PM
 #15

It's not governments who ruin btc Wink
Govs have no power to forbid any crypto.

It's participants of dark economy, who do not need it any more as it is not secure and is quite traceable. They simply fled to more safe currencies. Hamsters never needed btc except "investing". And now it seems that even greedy hamsters do not need btc as well Grin
Anyway, when ppl do not need whatever useless stuff it becomes cheap.
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April 09, 2018, 03:10:16 PM
 #16

Gov don't ban it. They just need to do regulation to make sure it will not hurt their citizen. Many countries are starting to adopted and legalized cryptocurrency like Newegg accepted Bitcoin before and now they planing to accept it again for Canadian people to easy to shopping with bitcoin.

https://bitcointalk.org/index.php?topic=5245436.0

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April 09, 2018, 03:14:18 PM
 #17

Do you even know the difference between banning bitcoins and regulations on bitcoins? I don't remember whether there is any country that has banned bitcoin over the last one year. There are some issues going on created by bankers in India but there are no truth of bitcoin being banned by Indian government. Here you can get the idea of what the govt. of India think of cryptocurrency. https://www.youtube.com/watch?v=D9xY8_nc04g
Yes regulations have been implemented, bitcoin taxation have begun and no one can say they didn't expect these these movement from governments. You saw some negative news, mere speculations, you took the decision to create FUD on here? If you think it is time for you to cash out then do it. No one cares about your FUD.

No Need To Take It Personally Buddy, This Is A Poll. I Value Your Opinion.
But Clearly, You Don't Follow News Nor Do You Know What Has Happened In A Year. Let Alone A Year. In The Last Few Weeks.
But As U Said These Movements From Governments Were Expected. Well, They Have Begun And Are Hurting Bitcoin Bigtime. If You Haven't Noticed. So I Was Just Stating My Opinion. Did Not Mean To Offend You Or Anyone In Anyway. Don't Like It. Don't Bother Posting.
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April 09, 2018, 03:17:23 PM
 #18

I think the government does not prohibit Bitcoin but simply does not recognize its value, because we personally hold bitcoins which the government cannot prohibit. They can only be restricted through severe regulations on exchanges, but they cannot be fundamentally shaken. Bitcoin in our hands.

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April 09, 2018, 03:19:49 PM
 #19

The government is not banning cryptocurrencies. What they are trying to do is to introduce regulations and in my own opinion, this will go a long way in preventing fraud and all forms of scam which ultimately will bring about trust and attract corporate investment.
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April 09, 2018, 03:22:00 PM
 #20

With Governments Banning Bitcoins. Its Going To be Dead By 2020. As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government. So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.

I think otherwise! There are some governments who have banned bitcoin but there are few other governments who have legalised it as well. So we will have to look at the bigger picture. If all governments ban it, then your vision may become reality, but since we have crypto friendly countries as well, the game is different here.

What we are missing is a proper crypto framework. Germany and Japan has already provided with such framework which can serve as a guideline for other countries. Bitcoin is a comparatively new currency to most of the governments. So it is too early to comment. But I strongly believe many more countries will come forward and adopt bitcoin in coming years.

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April 09, 2018, 03:22:27 PM
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Not likely to happen. Surely there are governments who banned bitcoin but there are so many countries who are neutral on using bitcoin and some of them even officially accepted bitcoin in their country.

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April 09, 2018, 03:29:38 PM
 #22

Some people like me just do not care about what governments are doing. Besides, a few governments cannot change the world. They may ban BTC but other governments will look at it and see an opportunity.

You may also remember the prohibition last century in the US. Alcohol was forbidden, but plenty of people didn't respect the law and kept on drinking, and the government had to reverse the law.

I can't tell the future, but I can't imagine BTC being killed by governments.

I used to be a citizen and a taxpayer. Those days are long gone.
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April 09, 2018, 03:53:44 PM
 #23

With Governments Banning Bitcoins. Its Going To be Dead By 2020. As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government. So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.

Great job on spreading fud but sorry, people in this forum isn't that dumb to believe your baseless claims. We have been enslaved by the banks enough already for many years. People want freedom and people are willing to fight for it. Governments will always try to get rid of this industry but they will never succeed. Bitcoins and this industry has already become too big for that. Some leaders may ban it because of closed minds but there will also be leaders that will adapt this great innovation because they see the improvements that it can offer to their countries. And if the close minded leaders see how this industry have made the other countries that adopted its innovation become more successful and more superior, they will be forced to change their minds and adapt to the situation  because if they don't they will be left behind. Instead of spreading fud, be more productive and accumulate as much as you can before you miss out on this great situation.
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April 09, 2018, 03:56:27 PM
Last edit: April 10, 2018, 10:17:32 AM by pankowri
 #24

The government  of any country doesn't want to accept such as changes first,whether it is MLM or digital currency. The world is now better than developed, so the govt. can't deny the existence of digital currency in the term of globalization.May be govt. will't accept it for few years or temporary stop or charge more tax but can't ban for ever.

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April 09, 2018, 03:57:58 PM
 #25

With Governments Banning Bitcoins. Its Going To be Dead By 2020. As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government. So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.

I disagree. Bitcoin will not die even if it is banned b some countries because as soon as there are people who still patronized bitcoin, bitcoin will still be alive. Maybe because of the banning, fluctuation in bitcoin may occur but I don't think it will come to point that bitcoin will say goodbye to its users. I believe that it will become stronger as it reaches 2020.

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April 09, 2018, 03:58:47 PM
 #26

Do you even know the difference between banning bitcoins and regulations on bitcoins? I don't remember whether there is any country that has banned bitcoin over the last one year. There are some issues going on created by bankers in India but there are no truth of bitcoin being banned by Indian government. Here you can get the idea of what the govt. of India think of cryptocurrency. https://www.youtube.com/watch?v=D9xY8_nc04g
Yes regulations have been implemented, bitcoin taxation have begun and no one can say they didn't expect these these movement from governments. You saw some negative news, mere speculations, you took the decision to create FUD on here? If you think it is time for you to cash out then do it. No one cares about your FUD.

No Need To Take It Personally Buddy, This Is A Poll. I Value Your Opinion.
But Clearly, You Don't Follow News Nor Do You Know What Has Happened In A Year. Let Alone A Year. In The Last Few Weeks.
But As U Said These Movements From Governments Were Expected. Well, They Have Begun And Are Hurting Bitcoin Bigtime. If You Haven't Noticed. So I Was Just Stating My Opinion. Did Not Mean To Offend You Or Anyone In Anyway. Don't Like It. Don't Bother Posting.
That's ridiculous. I included a video link of Subhash Chandra Garg's interview who I think is associated with Indian RBI- so that you could get some sense. Clearly you haven't got any. Do you even know that one of the main reasons the market is down is because of the ongoing tax season in USA where people selling their bitcoins to pay taxes, another big reason is Mt. Gox liqudiating the market with their remaining bitcoins. I sense you don't have a clue what is exactly going on here. I am guessing the market will come back to a healthy position once we go into May.

So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.
You've created a poll that's okay but WTH is this? Keep these sort of ideas to yourself.

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April 09, 2018, 04:01:13 PM
 #27

The beauty of Bitcoin lies in its decentralized nature. Government can ban institutions under them from facilitating any kind of crypto trading but can't ban people from trading when we have access to all sort of anonymous platform from TOR to mixers. Government can never ban cryptocurrencies just like the dark web. They don't have any control over it and hence, are scared. Many governments around the world advice people to not invest in cryptos, but the number of investors is only increasing since the inception of bitcoin. Cryptocurrencies aren't going to die at all, rather the market will get mature with time.
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April 09, 2018, 04:02:36 PM
 #28

neither drugs are banned in every single country in the worlds, but the people that use it still exist. Why would Bitcoin completely destroy though?
I believe you do not completely understand how the blockchain technologies work.
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April 09, 2018, 04:14:04 PM
 #29

There are countries that are banning the use of bitcoin as well as other cryptocurrencies. But this does not imply that all the other governments will be banning bitcoin. If you are very sure on you words then can you post an announcement coming from countries that they will ban bitcoin, place the list here. There are very few countries that have banned bitcoin, thus this mean that bitcoin is working on still expanding on the other countries of the world. 2020 is a very rich year for bitcoin.
I agree with you .. there are some countries that prohibit bitcoin and alt coin others as currency. but it's just a little bit. and 2020 is the year waiting for by the crypto community

With Governments Banning Bitcoins. Its Going To be Dead By 2020. As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government. So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.
what will fall? do you just make an uncertain issue, spread the word without any link or image recommendations? is there any recent news about the bitcoin ban in the country being discussed? what do you think about bitcoin in 2020. I do not agree with what you are talking about. this is all bullshit
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April 09, 2018, 04:16:05 PM
 #30

It is banned by which country? India and China? If you look at the countries that oppose the bitcoin you can predict if it is going to be huge in 2020 or dead coin. It only can lose its market dominance over the years.

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April 09, 2018, 04:17:43 PM
 #31

With Governments Banning Bitcoins. Its Going To be Dead By 2020. As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government. So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.

How can you say that? Do you have any proof or sources to back up your claim? There are no news regarding about this. Cryptos are the new trend and killing that trend will result to the loss of governments.

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April 09, 2018, 04:19:21 PM
 #32

cannot be true and a hundred percent will never happen.
Not all governments want to shut down bitcoin, they just want to regulate it.
IF there will be a country which can accommodate bitcoin, then this one will never vanish.


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April 09, 2018, 04:19:25 PM
 #33

With Governments Banning Bitcoins. Its Going To be Dead By 2020. As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government. So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.

This seems to be a very rare scenario that could be seen in the future . Many governments are opening their arms in favor of legalizing or say "regulating" bitcoin and that is just the beginning . If the countries keep on accepting bitcoin in their economy then many other countries will be positively influenced and do the same thing . But we must always look out for the second side of the coin . If maximum governments and major governments ban bitcoin and other crypto currencies people would be highly discouraged an will stop investing eventually because there will be no way to cash out .

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Al-e_x
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April 09, 2018, 04:40:17 PM
 #34

are you sure the world will ban crypto? but I see a good development in bitcoin, not just bitcoin, but also the crypto world.

do not you see that now many countries are aware that bitcoin and crypto world is a solution to improve the world order, so banning bitcoin and crypto will only make the public more aware.
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April 11, 2018, 08:15:44 AM
 #35

Not likely to happen. Surely there are governments who banned bitcoin but there are so many countries who are neutral on using bitcoin and some of them even officially accepted bitcoin in their country.
Actually governments of almost every developed and under developing countries know better that these coins are amazing. They know the advantages of them and how they beautifully would be impacting on their economical position once they would be used internationally. But keeping all these things ignored, they only focusing on being centralized nature of bitcoins, which is impossible.

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April 11, 2018, 11:07:15 AM
 #36

Where did this 2020 number come out from? Is it backed up by some actual facts or its just an opinion? Its true that governments around the world started to ban bitcoin and crypto-related ads however the reason why it took 9 years for them to announced this statement is because scammers are trying to use bitcoin phrase to scam people. Bitcoin has a long history instead of other cryptocurrencies, the others who can't compete with bitcoin might be dead but i think it need more than banning to stop bitcoin.
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April 11, 2018, 11:13:18 AM
 #37

With Governments Banning Bitcoins. Its Going To be Dead By 2020. As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government. So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.
Your opinion may be correct. Many people have committed suicide because of Cryptocurrency. Because most of the people who make the product are just for scams and it has had a lot of impact on nonprofessional investors.
Perhaps this is a new industry not so successful because it is not protected by law. This is likely to be a bitcoin weakness, which could cause the Crypto market to crash rapidly.

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April 11, 2018, 11:25:57 AM
 #38

Remember there are only few countries don't want bitcoin. Compared to many countries want bitcoin. Bitcoin will stay for a long time. And i think bitcoin will be better as years pass.

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April 11, 2018, 11:35:15 AM
 #39

another zero post noob trash talking shit
noob jail is sorely missed on this board.

how to demerit these annoying turds

this board is riddled with such fools


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April 11, 2018, 11:41:32 AM
 #40

If all the governments in the world agree to banned bitcoin then it will be the end, but there are some countries that not going to banned bitcoin, instead they will be regulate it, not to mention Japan already legalize bitcoin, so your prediction wont happened, so stop spreading fud and panic sell, we dont need any baseless news that create chaos in the market
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April 11, 2018, 11:49:31 AM
 #41

2020 will be a new beginning for Bitcoin and other cryptocurrencies all over the world. i don't see bitcoin going to an end. more digital currencies are springing forth and they are doing fine in the coin market. lets stop fake news that could bring panic to people.
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April 11, 2018, 12:12:35 PM
 #42

With Governments Banning Bitcoins. Its Going To be Dead By 2020.

How many countries are there in the world and how many countries have you seen ban bitcoin? in the end few countries will ban bitcoin and most countries will accept bitcoin

As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government.

as I said, it will not be all the countries in the world that will ban bitcoin, so people will always be able to buy bitcoins and they will have the option to travel to the countries that are friendly with bitcoin

So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.

You are spreading fear in people, you are being pessimistic and that is very bad.

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April 13, 2018, 02:19:20 PM
 #43

With Governments Banning Bitcoins. Its Going To be Dead By 2020. As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government. So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.
I would like to ask you what you mean by 95% of people will stop illegal stuffs when Bitcoin is banned? Dude, how old are you, 9 months? How can you say that stopping Bitcoin will reduce such crimes by 95%? These are things that have been around even before the so called Satoshi Nakamoto was born on earth. People has been into all these illegal stuffs like drugs, killing, stealing, scams like ponzi scheme and the rest of them even before anyone thought of cryptocurrencies. Banning Bitcoin won’t end anything, so stop it.
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April 13, 2018, 02:38:14 PM
 #44

I think these are just subjective judgments. I have a different view, crypto is the technology currency, they are gradually becoming a trend in the present and in the future. The nature of cryptocurrency is hierarchical, so governments are difficult to control their use. At the moment, I've seen some big countries accept Bitcoins as well as many other altcoins is official currencies. Crypto will continue to grow, it will not die by 2020
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