What will bring BTC price back up?

[hodap]

Pretty much all the big countries (Russia, China, India) are banning or putting a soft ban on bitcoin. Can't see how bitcoin can gain significant market base in the future.

[touhonoob]

Pretty much all the big countries (Russia, China, India) are banning or putting a soft ban on bitcoin. Can't see how bitcoin can gain significant market base in the future.

48,532 JAPANESE MERCHANTS CAN ACCEPT BITCOIN IN NOVEMBER WITH GMO
https://www.cryptocoinsnews.com/48532-japanese-merchants-can-accept-bitcoin-in-november-with-gmo/

[Elwar]

Pretty much all the big countries (Russia, China, India) are banning or putting a soft ban on bitcoin. Can't see how bitcoin can gain significant market base in the future.

If China bans Bitcoin any more they'll have all of the bitcoins.

[Lauda]

Pretty much all the big countries (Russia, China, India) are banning or putting a soft ban on bitcoin. Can't see how bitcoin can gain significant market base in the future.

Well exactly how wealthy do you think people are in those 3 countries?
They may be big, but quantity isn't everything. Do you really believe that if Bitcoin (I'm saying IF) is adopted by most of the world, that those counties would keep up their bans?
It would be same if they hadn't adopted CCs, where would they be now? 

Of course the price will go UP at some point. Why are people so scared my question is?

[pitham1]

Pretty much all the big countries (Russia, China, India) are banning or putting a soft ban on bitcoin. Can't see how bitcoin can gain significant market base in the future.

These countries do not have full capital account convertibility and bitcoin can pose a threat to that. I can only see bitcoin adoption increasing in these countries.

[anu]

Pretty much all the big countries (Russia, China, India) are banning or putting a soft ban on bitcoin. Can't see how bitcoin can gain significant market base in the future.

Understandable. They had us in the yoke. Inflation tax. Interest ridden debt money. And now the promise of total control through the "Cashless Society". More power than even Stalin could dream of in his wettest dreams.

Before Bitcoin came along, I was certain that we are headed for perpetual totalitarianism and tyranny. Bruce Schneier has it partly right. The business model of the Internet is not only surveillance, it is also control. Now that Bitcoin arrived we are presented with a choice:

• Do you want to grant the government a veto right on each of your transactions?
• Do you wish to vastly extend the governments practical ability to tax you through complete transparency of ALL your financials
• Do you want to grant the government the power to exterminate anyone at any time by simply ceasing to cooperate with that individual?

O Yes (use govt controlled e-money)
O No  (use decentralized money)

This should answer your question: Bitcoin will gain market share if people vote NO.

[sidhujag]

Pretty much all the big countries (Russia, China, India) are banning or putting a soft ban on bitcoin. Can't see how bitcoin can gain significant market base in the future.

Do the opposite of what you think, and you may come out on top.

[Nagle]

Such as Chinese gov cancels the restriction to financial institutions dealing with Bitcoin.

There's discussion in China of reducing exchange controls on yuan. But if China reduces exchange controls, people with yuan in China won't need Bitcoin. The China bubble was because, for a brief period, Bitcoin was a safe, legal, remote way to convert yuan into dollars or euros. The previous legal approach was to get all your relatives to travel to Hong Kong every three months, loaded up with the legal maximum of yuan notes. This is a pain if you're not in Shenzhen.

If you have no idea what the above is about, you probably were screwed by the collapse of Bitcoin prices.