Bitcoin Forum
June 23, 2024, 10:48:32 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 [20] 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 »
  Print  
Author Topic: My country banned bitcoin. What I can do ?  (Read 3956 times)
ecnalubma
Sr. Member
****
Offline Offline

Activity: 1526
Merit: 420


View Profile
June 15, 2018, 03:49:59 AM
 #381

Country banning Bitcoin or cryptocurrency lacks study and research. They are one sided and only focus on negative side from financing terrorist, money laundering etc. which is not not true. Only If they can see the bright side of using this technology they will realize how useful and important it is, technology that Bitcoin bring is a gateway to a thousand of opportunities.
Sam San
Sr. Member
****
Offline Offline

Activity: 630
Merit: 250



View Profile
June 15, 2018, 04:05:49 AM
 #382

Many countries and governments do not believe in cryptocurrency or treat it with suspicion and consider the crypt as a threat to the financial market. It takes time for the world to understand and believe the crypt, we all need to wait.

Markpet01
Newbie
*
Offline Offline

Activity: 124
Merit: 0


View Profile
June 15, 2018, 04:23:48 AM
 #383

When my country banned bitcoin i will go back to what i am doing when i'm not discover bitcoin and go back also to my job to help my family in financial needs.
careCentre
Newbie
*
Offline Offline

Activity: 149
Merit: 0


View Profile
June 15, 2018, 04:44:52 AM
 #384

First and foremost, you should know the reason why your country banned bitcoin in the first place, and avoid doing that, in my opinion i don't think that any government or anyone is able to prevent people from using bitcoin, because it is decentralized that is the whole point of using it, that it can't be controlled, even if they block some bitcoin sites people could still use VPN to bypass that, so it should be useless to try and ban it. You should know why your government has taken this decision, why they banned and said bitcoin is illegal. It is really not possible to ban bitcoin completely. You can still use bitcoin in many exchanges like the other days.
bigblackdeck45
Jr. Member
*
Offline Offline

Activity: 266
Merit: 1


View Profile
June 15, 2018, 04:51:06 AM
 #385

No bans or regulation can stop me from using and buying bitcoin. If I was you I will still continue with my daily business with bitcoin. Other countries also banned bitcoin but still people in those countries buy and use bitcoin. It is really sad seeing countries banning somwthing with huge potential like bitcoin by looking its negative side only. Maybe if they also try to see the good bitcoin will bring I am sure they would see it as useful.
logangbit
Jr. Member
*
Offline Offline

Activity: 504
Merit: 1


View Profile
June 15, 2018, 05:27:52 AM
 #386

If your country has banned bitcoin then you can use softwares like vpn to log into the error sites.and can do your work with bitcoin.and if are worried about trading bitcoin or how to get money by selling  bitcoin.then be relax because You can also sell it by social media and get your money like wester union,money gram etc.and if u need  to buy bitcoin then here us two options like you can buy it from local bircoiner or from a lot of websites who. buy bitcoin but make sure that you r not flashing that you r bitcoin user.
sabihanazir
Newbie
*
Offline Offline

Activity: 126
Merit: 0


View Profile
June 15, 2018, 05:46:39 AM
 #387

In my opinion understand and study first of all the legislation in your country. Then you should know the reason why your country banned bitcoin in the first place and avoid doing that. And you can use softwares like vpn.
TTK28
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile
June 15, 2018, 05:50:02 AM
 #388

In my country, crypto currency are also banned. But at the moment, the goverment cannot trace transaction yet, so people still do trading everyday. So just keep on holding bitcoin Cheesy the only difficulty you will face (I think) is to sell bitcoin to get fiat without getting taxed Smiley
marona.coro
Newbie
*
Offline Offline

Activity: 50
Merit: 0


View Profile
June 15, 2018, 05:52:24 AM
 #389

If you want cashout i think you find the ways on something like otc.maybe they have good reasons for not allowing bitcoin in your country. Follow the rules so you cannot have problems in the future.
voron84-05
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
June 15, 2018, 05:56:43 AM
 #390

Many countries prohibit the official use of bitcoin as payment for goods and services, but I do not see a problem in this. First bitcoin was originally conceived as an alternative to fiat money and state financial institutions, secondly, to circumvent the prohibitions, there are many services such as VPN.
tonyteo13
Newbie
*
Offline Offline

Activity: 73
Merit: 0


View Profile
June 15, 2018, 06:00:18 AM
 #391

It is very unfortunate on your part. Sorry to hear that your country banned bitcoin. But if I were you, I'd rather abide and follow the rules which your country sets, If you dont want to encounter problems, just follow. But if you already have bitcoin now, maybe you should just keep it, who knows in the future your government may allow and accept bitcoin in your country.
Sedorikku
Newbie
*
Offline Offline

Activity: 99
Merit: 0


View Profile
June 15, 2018, 07:41:08 AM
 #392

I suggest that you need to move in some place that you can use bitcoin. Or if you don't want you need to contact your government and ask what is the reason of banning the bitcoin in your country. But i think that they can't ban the bitcoin in your country because it is decentralized and no one can control it.
mezzaluna
Member
**
Offline Offline

Activity: 518
Merit: 23

★Bitvest.io★ Play Plinko or Invest!


View Profile
June 15, 2018, 07:50:26 AM
 #393

Unfortunately, there are only a few things that you can do but it might be hard to do that because it is already banned. If the way of cashing out is completely gone then you cannot do anything about it. If there are a large amount of people using Bitcoin in your country and brave enough to fight for what you know is right, then you can give that a try by slowly teaching them small amounts of knowledge about Cryptocurrency and Blockchain Technology.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
PLINKO    |7| SLOTS     (+) ROULETTE    ▼ BIT SPINBITVESTPLAY or INVEST ║ ✔ Rainbot  ✔ Happy Hours  ✔ Faucet
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
ztaeyo
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
June 15, 2018, 07:57:09 AM
 #394

If your country banned it in national interest you should follow all those rules. It might be possible that later your country may remove ban on cryptos so in that case you can come into the market again with your current portfolio. Grin
GoogleBit
Full Member
***
Offline Offline

Activity: 213
Merit: 104


View Profile
June 15, 2018, 08:02:29 AM
 #395

....Not much they could do, since it's hard to hide gold, but that is not the same with BTC.


Sorry, that is wrong.
It is much, much easyer to hide Gold on a secure place then cryptos.
I can burry Gold anywhere, even I get nuked or hit by a meteor, my Gold will not change.
Keeping cryptos secure is nearly impossible, as I see it.
Keep in mind that the police can raid your place.... how would you survive that?
Matimtim
Full Member
***
Offline Offline

Activity: 868
Merit: 108



View Profile
June 15, 2018, 08:15:14 AM
 #396

For me if bitcoin got banned in you country its better to sell your coins to other country or convert you bitcoin in to real money, and make  a real business in the real world and make more investment in the real world to support your future.

Baronggot
Full Member
***
Offline Offline

Activity: 434
Merit: 100



View Profile
June 15, 2018, 09:11:34 AM
 #397

If i were in your shoes, i think i am still going to continue doing cryptos and whenever i sold it in cryptoexchange, i will let my cousin do the cashout of my crypto earnings since he is working abroad in the country where crypto is welcomed and where he is doing crypto too. Your government can ban crypto but there's always a way to make it possible.

blocklancer8
Full Member
***
Offline Offline

Activity: 392
Merit: 101



View Profile WWW
June 15, 2018, 09:22:39 AM
 #398

It is quite difficult for your situation right now, but i believe that it will not last long because bitcoin will become more trusted people and will be used by many people in all nations.

                  kaasy.ai        Artificial Intelligence Algorithms on Blockchain                                               Knowledge As A Service +
                        Public ICO is live!        BUY KAAS TOKEN NOW                                         Distributed Infrastructure As A Service
Whitepaper     Telegram     2-Pages Paper     Twitter     Facebook     Discord     BTC ANN          = Plug-and-play skills, on demand
sugarfree1989
Newbie
*
Offline Offline

Activity: 31
Merit: 0


View Profile
June 15, 2018, 09:24:17 AM
 #399

you can still do transactions outside your country. But you know that the risk is there so just be careful. Or just continue to accumulate as much bitcoin as you can and maybe one day your government will make a sudden U-turn and accepts it. An example in my country is banned using bitcoin, but it is only prohibited as a means of buying and selling transactions.
kaimenh
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
June 15, 2018, 10:18:31 AM
 #400

I think the prohibition is only temporary. You can go to understand. Moreover, I think the Internet is free. You should be able to skip over the regulatory use of the country.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 [20] 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!