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Author Topic: My country banned bitcoin. What I can do ?  (Read 3956 times)
Peetxvg1
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June 04, 2018, 08:21:03 AM
 #161

Move to the another country haha Cheesy or dont toucch your bitcoin which you bought yet and just hold while you will be a millionaire.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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nani culi
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June 05, 2018, 04:51:29 AM
 #162

You must first find out why it is banned. May be you can still access online exchanges and deal with it without the government knowing. Stop dealing local bitcoin traders and focus on foreign exchanges.
Erlinda Santiago
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June 05, 2018, 05:00:03 AM
 #163

I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.

My country Bangladesh.

Apologies if this is not the right place to discuss.
Thanks in advance.
if your country banned bitcoin that would be bad for you but if you are really desperate to use bitcoin you can use vpn where it can chnge your ip address in different country

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buternasek
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June 05, 2018, 05:19:17 AM
 #164

Maybe your Country received a lot of negative feedback about Bitcoin and they were just protecting every citizen in it. Maybe they have strong evidence about the illegal activities or transactions on Bitcoin and they just don't your Country to get involved. and for whatever reason your Country has, you can do nothing about it but to abide.and hope that someday they don't ban the Bitcoin anymore.
SlickMoTwoToe
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June 05, 2018, 05:26:41 AM
 #165

I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.

My country Bangladesh.

Apologies if this is not the right place to discuss.
Thanks in advance.
You better talk to your Government Official why they ban the bitcoin in your country and explain them what are the benefits of using bitcoin and what are the risk of it so they would familiar on how the bitcoin work for it.
chipzeru
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June 05, 2018, 05:40:19 AM
 #166

Bitcoin is decentralized so you shouldn't be bothered by your government's restriction. As long as there's internet access, bitcoin won't be stopped by anybody. There are many ways to redeem your bitcoin into your fiat. For example, trade your bitcoin to dollar and use skrill to redeem to your local bank.
emmybd
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June 05, 2018, 05:59:37 AM
 #167

Bitcoin is anonymous, so government banning it wouldn't create any problem for you, as bitcoin has nothing to do with the government. You can carry on your bitcoin related activities as usual.

Paul Pogba
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June 05, 2018, 06:03:51 AM
 #168

Don't worry, many options exchanges that provide deposit and withdraw USD menu, as long as you have a bank account that can receive USD from various countries then we can benefit from bitcoin.
sopanbmp
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June 05, 2018, 06:09:14 AM
 #169

Most of country banned bitcoin and say it illegal is Capitalism country, in my opinion they scared with this technology because if everyone used it they couldn't control society anymore
salintheonline
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June 05, 2018, 06:10:59 AM
 #170

this is not a good news for Bangladesh people,who love crypto currency.what are the reasons for this band?hold your bitcoin for long time,you can make good profit
greeklogos
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June 05, 2018, 06:18:43 AM
 #171

I have heard that in Bangladesh you even can appear in the jail for the use of crypto currencies and this law is not new, as I heard such lows have place to work from 2013-2014 year, so, I wander why you ask about crypto using only now?  
The law in Bangladesh is really rough, I wouldn't risk on your place. You have two opportunities or to forget about cryptos or organize a front which will fight against such rules, by protesting on the street or signing of different petitions and so on.
whirlcoin
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June 05, 2018, 06:21:43 AM
 #172

I have heard that in Bangladesh you even can appear in the jail for the use of crypto currencies and this law is not new, as I heard such lows have place to work from 2013-2014 year, so, I wander why you ask about crypto using only now?  
The law in Bangladesh is really rough, I wouldn't risk on your place. You have two opportunities or to forget about cryptos or organize a front which will fight against such rules, by protesting on the street or signing of different petitions and so on.
Protesting against them wont work because the cryoto currency users are very few so it may not get enough attention and will results in punishment for js,so we have to hold our bitcoins that already bought because in future the chance of changing their status on bitcoin is high.
troglobait
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June 05, 2018, 06:24:05 AM
 #173

I locked up for a long time, continue to use. I'm keen on these useless politicians. They want to control everything and steal my money. I do not trust my government even more than bitcoin!
adconity
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June 05, 2018, 06:26:27 AM
 #174

If you really want to invest in cryptocurrencies besides it's been banned in your country then you should ask one of your trustworthy friend living in another country to invest in them on your behalf. Apart from investing if you are looking to advertise your business in a crypto-based advertising platform then Adconity may best suit your needs as it provides different options for advertisers and publishers with competitive pricing options. Visit the website for more info: https://adconity.com/
thegreatdodoy
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June 05, 2018, 06:28:19 AM
 #175

I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.

My country Bangladesh.

Apologies if this is not the right place to discuss.
Thanks in advance.

I think this is not a good idea for bitcoin to banned, the government should let their people to decide the choice of investment they want to improve their lives.
bmirror83
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June 05, 2018, 07:11:46 AM
 #176

Sorry to hear that. Hope the whole world can apply digital currency to their domestic law so that we can no longer experience such problems. You can keep them in the hard wallet like electroneum for future use. Things can change.
vakie1
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June 05, 2018, 07:16:30 AM
 #177

Do not mention bitcoin or any cryptocurrency when transferring bank
Lyne01
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June 05, 2018, 07:18:40 AM
 #178

I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.

My country Bangladesh.

Apologies if this is not the right place to discuss.
Thanks in advance.

I suggest you still go with trading, and investing. Just continue earning profit and put it all in your wallet. Then if you have enough, you can move to other country and there you can encash your money. But should be in little amount.

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wengden
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June 05, 2018, 07:21:10 AM
 #179

Try to know the regulations of the bitcoin in your country. If it is fully illegal and bitcoin is banned there then, just stop doing bitcoin for your ownsake.
I think there are some does and donts that your government made about bitcoin.
soraxas01
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June 05, 2018, 07:25:23 AM
 #180

You should know why it was banned in the first place and try to abide by it because the government sets certain laws in order to keep peace maybe they banned it because they see a threat that could harm the country.
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