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Author Topic: My country banned bitcoin. What I can do ?  (Read 3956 times)
korobitsyna96
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July 09, 2018, 08:01:11 PM
 #781

In my country, too, official bitcoin is banned. But this does not stop trading it. Come through the VPN and everything will be fine.
abc_crypt
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July 09, 2018, 09:00:09 PM
 #782

Buy yourself a few individual proxy addresses and install yourself in the browser extensions for their use. If you use proxy addresses, you will hardly be found. The state does not strictly control the activity of the cryptocurrency.
ballexplorer
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July 09, 2018, 09:09:23 PM
 #783

That's not good and I can understand your concern. I would store the bitcoin in a safe place. It is possible that one day the Bitcoin will be accepted all over the world and then your country will change the laws and the BTC will become legal again.
Maybe you also have the opportunity to leave the country and go to another country where the bitcoins are allowed and where you can pay with bitcoins
Ghayoor
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July 09, 2018, 09:15:17 PM
 #784

That is bad:(. I saw a lot of ICO's that are have Bangladesh country restricted so I guess the country laws are against bitcoin and crypto currencies Sad.
i think you should leave your home town if its possible because bitcoin is the only way which can make your dreams true.
mdzahed134
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July 09, 2018, 09:15:24 PM
 #785

When it is declared illegal, know something about the exact year?
And i want to know Despite being illegal, at present how you will be make transaction? Whatever this is very sad news for those BTC lover.If BTC transaction is very safely done so don't worry your every information are hide.

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July 09, 2018, 09:20:47 PM
 #786

Unfortunately one has to make major life decisions when the laws of their land takes hold of your livelyhood. I see that many have stated looking at other countries, and that does seem to be the best decision for someone looking to pursue not only bitcoin but other alt coins. Having the government on your side can drastically effect how your live your daily life. Gotta stay legal to stay out of trouble.

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Haiishdh
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July 10, 2018, 02:56:03 AM
 #787

Best way around is to go to another country in which bitcoin is clearly expected to grow and utilize and that is good to hodl some.
Soots
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July 10, 2018, 03:22:41 AM
 #788

When it is declared illegal, know something about the exact year?
And i want to know Despite being illegal, at present how you will be make transaction? Whatever this is very sad news for those BTC lover.If BTC transaction is very safely done so don't worry your every information are hide.

That's right, we shouldn't allow anxiety to fail you with your bitcoin transactions. There were many ways to deal with the legalities, and as long as you're confidently facing your challenges in life nothing could stop you from earning bitcoins for daily living. We should be thankful enough that decentralized currency works through internet web, because it really provided everybody a freedom to make bitcoin as independent money making.
kumarrajuiitd
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July 10, 2018, 04:09:32 AM
 #789

See why bitcoin is prohibited
if it is prohibited for reasons that could harm the country
then I will abide by the rules of government, but if bitcoin benefit the country but bitcoin is prohibited I clearly disagree

In India also bitcoin exchanges has been blocked by the Reserve bank of India. As RBI is thinking that people may evade taxes or more black money will generate. As the RBI will cover these conditions then they might come with other solutions.
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July 10, 2018, 04:20:09 AM
 #790

you can't do anything because you have no authority, maybe if you really love cryptocurrency you have to immigrate to the country that legalize it. The choice is quite difficult, but it will be useful in the long term.
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July 10, 2018, 04:20:29 AM
 #791

Your country was banned bitcoin you have keep work with bitcoin and cryptocurrency, you can use your bitcoin or your altcoin convesrt to another virtual money like paypal, payza or perfect money. Always have thousand way for cash or withdraw bitcoin to cash money, never afraid about your country rule was banned bitcoin trasanction because you have more way for withdrawing your bitcoin to be cash money. But you have pay more for your convesrt transaction.

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GeniusAko
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July 10, 2018, 04:21:17 AM
 #792

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 bitcoin banned in your country, then you can't use it anymore. You should obey the laws implemented by your government. The best thing that you should do is you should just save it in cold storage and do long term investment.
Turkish88
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July 10, 2018, 04:22:10 AM
 #793

I am sure this ban was temporary.
Because price of btc now low, need to wait now.
tomorow when price going up ban also will be canceled

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Delinquency
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July 10, 2018, 04:32:33 AM
 #794

If government define bitcoin as "illegal" you can do nothing but waiting. If we are talking about real money (i mean big numbers) you can travel to another country to change your BTC to dollar. Or if you have really really good friend he can do that and transfer your money to you. And last option is local blackmarket but i dont recommend it because it's very very risky. I hope you solve your problem as soon as possible.
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July 10, 2018, 04:37:54 AM
 #795

if indeed this is eliminated then I will seek additional income in other ways and also of course in accordance with the capabilities that we mastered.
JakeJM0st
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July 10, 2018, 04:43:54 AM
 #796

Its unfortunate that happened to your country, There is a tendency of countries banning Bitcoin of late., something that has had very negative effects on the coin, You have an option of moving to a more Bitcoin friendly country if you want to stay active,I hope there is much progress in this relationship, because I believe that bitcoin will eventually get global adoption, and even the countries that ban it now, will change their laws again, after developed countries other than japan, bitcoin is also categorized as currency by luxembourg.
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July 10, 2018, 04:49:08 AM
 #797

as of now it will be better to first follow your laws.
it will not be beneficial if you have a lot of bitcoin but you are inside a jail, right?
let them ponder first if the law they created is good for its citizen or not.
always be careful Cheesy

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bachsoi2799
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July 10, 2018, 04:50:22 AM
 #798

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 am sad with you. Find out why your country forbids bitcoin. If it affects the economy of the country then you should also comply with the law.
aileenc
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July 10, 2018, 04:50:32 AM
 #799

We just need to wait now. I am sure this ban is only temporary.
Mofazzal840
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July 10, 2018, 04:51:27 AM
 #800

I can say about the fact thar it is a not matter to us.If have bitcoin,you can transfer btc from your wallet to others wallet.Then you can earn money, by changing  your btc to third party .It is possible for you.So you don't worry about this matter. After all carry on. Smiley
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