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Author Topic: bitcoin legal or not  (Read 3269 times)
goaldigger
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January 02, 2019, 10:46:03 AM
 #121

In what country are you living at mate? Legalization of bitcoin and other cryptocurrencies are depends on the country youre living at. Some countries have a total ban on bitcoin and some multiply its opportunities. You can check your local implementation to see whether your country belongs to the good one or to another.

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January 02, 2019, 08:09:37 PM
 #122

Bitcoin legal or not it totally depends upon the country which you live. Because many countries now banned  bitcoin, at the same time some countries allowed bitcoin for their people with some limitations. In few countries bitcoin is either legal nor illegal but people used bitcoin and traders also done trading. So in your country it is legal means then you use it there is no issues in that.
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January 02, 2019, 10:44:51 PM
 #123

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
Here in my country is not stating that bitcoin is illegal. So i am considering it that bitcoin is legal here. But the government is always warns us to take care always because they say that we might lose our money in some ways.

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January 02, 2019, 10:49:29 PM
 #124

In which country you are living after knowing only can tell whether it is legal or illegal to use bitcoin, as each country have taken steps to make it legal and not legal. Some country have even banned and usage is totally illegal to use it.

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January 03, 2019, 02:07:39 PM
 #125

It should be legal everywhere, but because the negative side is still too visible.. it is as if it's prohibited and dangerous because it will pose a certain risk in the efforts made. Actually, everything can turn out to be more positive if indeed it's more supported and more accepted in various countries.
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January 04, 2019, 12:15:24 AM
 #126

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me

This will depend of country you belong as not all countries are the same stand regarding Bitcoin existence. There are some countries legalized it, some are not and the others are neutral like here in my country in which Bitcoin is not legal but not ban therefore we could join Bitcoin investment without tax.Just try to search of your nation stand on Bitcoin and hope that it was belong to the majorities who support Bitcoin.
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January 09, 2019, 04:33:22 PM
 #127

Actually what you are asking from what side is Botcoin is legal or not, if in terms of government and religion it can be different even in one country but broadly speaking it can be said that as long as the state permits transactions it can be said to be legal other than countries that do not Bitcoin is and does not recognize legally but there are those who do not admit to still allowing transactions other than not being used as primary transactions such as legitimate currencies.

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January 09, 2019, 11:02:26 PM
 #128

Bitcoin's status is different in different countries. Somewhere you can appear in a jail due to crypto trading and there are countries who close their eyes on crypto at all or even support its usage.
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January 10, 2019, 02:23:10 AM
 #129

What country you belong as it each country has different approach regarding Bitcoin existence? Try to see it here  https://www.newsbtc.com/is-bitcoin-legal/ the status of Bitcoin in your country to ensure that you will not encounter any legal problem in the future once you join the Bitcoin market for investment.
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January 10, 2019, 07:40:18 AM
 #130

You should mention your exact locations because people wondering from what country do you come from because from your locations it can be determine whether bitcoin legal or illegal in your country and if you come from the countries which allowed their citizen to use bitcoin then you can start to use bitcoin not against the law

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January 10, 2019, 02:28:10 PM
 #131

It's unlegal as a whole but that doesn't mean it will indeed be unlegal forever, we are here do not know what will happens next, because this includes the future that cannot be predicted with certainty. Which clearly I think it's an alternative thing, do not too worrying about that, and it's good if you don't too dependent on bitcoin, make it's a side of your job

imstillthebest
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January 12, 2019, 11:11:28 PM
 #132

You should mention your exact locations because people wondering from what country do you come from because from your locations it can be determine whether bitcoin legal or illegal in your country and if you come from the countries which allowed their citizen to use bitcoin then you can start to use bitcoin not against the law

Bitcoin is not a country specific currency because no one can ban it . no country can ban the internet  . sure they can a certain site that is related to crypto and bitcoin but we can still access those sites using a little trick  .

bitcoin is legal because its only a currency and it does help people to live more easier  .   its not a kind of drug that can harm people .  its not also a criminal that scam people .  
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January 13, 2019, 07:58:28 AM
 #133

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
Bitcoin is legal in those countries where it is not explicitly prohibited by specific regulations. As a general rule, any business activity is allowed if there is no special prohibition regarding it. National laws may contain other features of the application of this general rule. In any case, everyone should be interested in and know the current laws of their state.

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Siren
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January 19, 2019, 02:30:45 PM
 #134

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
Perhaps you should tell us from what country you from since theres a different laws worldwide in regards to cryptocurrency,and sad to say most of the governments has been hard to crypto specially for the number one coin,because they believe this is some kind of scam or being abused by criminals,though in my region this is not an issue since we can legally use this in anything we wanted as long as not in illegal activities
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January 19, 2019, 03:43:03 PM
 #135

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
Perhaps you should tell us from what country you from since theres a different laws worldwide in regards to cryptocurrency,and sad to say most of the governments has been hard to crypto specially for the number one coin,because they believe this is some kind of scam or being abused by criminals,though in my region this is not an issue since we can legally use this in anything we wanted as long as not in illegal activities
Good thing to know if OP research on google if their country restricted or not in cryptocurrency especially the main coins(bitcoin).
But as of now, we do not consider Bitcoin is legal since most likely governments worldwide are not friendly on Bitcoin, they are afraid that Bitcoin will be their next big competitor when it comes financial savings and probably at that time Banks will bankrupt.
That's why we are waiting for those implementations, the ETF, and BAKKT to make Bitcoin looks like having legitimately and have mass adoptions.

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January 20, 2019, 01:43:16 PM
 #136

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
Actually no one can answer you unless you tell me from what country you from?

Because this depends if from where you are residing,just like us in our area when crypto is legal and we can do anything using cryptocurrency

But theres alot of places where bitcoin are banned and considered illegal,i hope your country is not one of those
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January 21, 2019, 02:57:40 PM
 #137

Bitcoin is legal in a number of countries such as Russia, South Korea, the United States and a number of other countries, and it is said that Southeast Asian countries have not legalized crypto including my country that has not legalized Bitcoin or has not been legalized. but Bitcoin is also not rejected.
the conclusion is that Bicoin is legal or not, depending on the policies of each country.
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January 22, 2019, 02:59:07 AM
 #138

In what country are you living at mate? Legalization of bitcoin and other cryptocurrencies are depends on the country youre living at. Some countries have a total ban on bitcoin and some multiply its opportunities. You can check your local implementation to see whether your country belongs to the good one or to another.
Yeah every country certainly has their own government and they have their own rules for determining the attitude of cryptocurrency, sometimes the progress of a country can affect legal or not for Bitcon, in many developed countries technology is certainly very acceptable to develop such as United States, bitcoin is given regulation and legalized there
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January 22, 2019, 10:12:59 AM
 #139

Bitcoin is legal in a number of countries such as Russia, South Korea, the United States and a number of other countries, and it is said that Southeast Asian countries have not legalized crypto including my country that has not legalized Bitcoin or has not been legalized. but Bitcoin is also not rejected.
the conclusion is that Bicoin is legal or not, depending on the policies of each country.
in some countries bitcoin is legalized and some other countries prohibit it. there are also some countries that have not yet determined their response. does not mean it is prohibited. my country still hasn't determined its response. so I'm still free to use it. each country has its own rules mate
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January 22, 2019, 09:08:41 PM
 #140

Bitcoin is legal in a number of countries such as Russia, South Korea, the United States and a number of other countries, and it is said that Southeast Asian countries have not legalized crypto including my country that has not legalized Bitcoin or has not been legalized. but Bitcoin is also not rejected.
the conclusion is that Bicoin is legal or not, depending on the policies of each country.
in some countries bitcoin is legalized and some other countries prohibit it. there are also some countries that have not yet determined their response. does not mean it is prohibited. my country still hasn't determined its response. so I'm still free to use it. each country has its own rules mate


some countries are bitcoin is legal  but  some countries hide transaction because that countries are not legalized the bit coin
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