BAN ON BITCOINS!! | Bitcointalksearch.org

peter0425

sr. member

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Quote from: SoulBargain on October 20, 2017, 07:22:42 PM

Quote from: kartiksgk on September 16, 2017, 10:52:27 AM

I dont know why but iam scared of bitcoin getting ban.
Because of the china situation is there any possibility that bitcoin will get ban in every single country

Then how about Japan? Japan accepted, recognized and legalized Bitcoin then there is a possibilty that every single country will do so. China only bans ICOs but not Bitcoin so why do think that is? I think it is showing a rather good impression and image. It is trying to say that they are trying to get rid those shitcoins while they remain those who are of "value" which is Bitcoin.

Japan is different bro. They embraces bitcoin like no other country did. Although Mt. Gox was one of the biggest heist in our young history, Japan was not deterred by it and you will see that they have totally forgotten that issue. Again, there's no way that a country can ban bitcoin, its unstoppable because many people see at as making money for them, or just another investment portfolio. Countries are banning it because they think its a threat to the economy. However, this is not the case, every country should open their eyes and realizes that bitcoin has many uses and advantages. Not a Ponzi scheme and definitely not a scam.

ehrz22

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Quote from: janedt on September 16, 2017, 11:12:37 AM

Quote from: kartiksgk on September 16, 2017, 10:52:27 AM

I dont know why but iam scared of bitcoin getting ban.
Because of the china situation is there any possibility that bitcoin will get ban in every single country

I thought China government only ban ICOs and local bitcoin exchanges on China, so chinese people still can use bitcoin at china or outside exchanges like bittrex. Am i right ? I think bitcoin will not get ban in every single country, chill dude. Bitcoin is not that bad, bitcoin is just an online currency.

A bit confused about the thread starter but Yes I read online that china only bans ICOs and bitcoin local exchanges, but still it will affect more because china is a large country. However this may not affect worldwide as bitcoin already known in most of the countries. We should not be scared of bitcoin getting ban, the most scary thing will happen is if bitcoin value will turn into zero.

SoulBargain

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Activity: 234

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Quote from: kartiksgk on September 16, 2017, 10:52:27 AM

I dont know why but iam scared of bitcoin getting ban.
Because of the china situation is there any possibility that bitcoin will get ban in every single country

Then how about Japan? Japan accepted, recognized and legalized Bitcoin then there is a possibilty that every single country will do so. China only bans ICOs but not Bitcoin so why do think that is? I think it is showing a rather good impression and image. It is trying to say that they are trying to get rid those shitcoins while they remain those who are of "value" which is Bitcoin.

cl37007

full member

Activity: 364

Merit: 100

It is decentralised, no country can 'ban' it. They can block access to exchanges but there is no way to definitely stop the exchange of the currency via other means.

Countries limiting access to it will affect the price negatively, which is obviously worrying but as with any investment, you have to decide whether it is worth the risk

Mike Mayor

hero member

Activity: 966

Merit: 535

You can't ban freedom. End of story.

There like 100 topics like this already.

Banning things never ever works anyway. Look what banning drugs did. The opposite pretty much. The war and drugs failed and if there is a ear on crypto it will fail too. Everytime man has ever tried to ban something it's backfired.

Dan D. Lion

newbie

Activity: 55

Merit: 0

A ban is difficult if not impossible to enforce, especially when it comes to Bitcoin. However, Bitcoin, its ownership and usage, can be criminalized, just as possessing and using counterfeit currency is criminalized, and the violation of that law could carry legal penalties. I think that's about as far as any ban could go.

Yakamoto

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Quote from: kartiksgk on September 16, 2017, 10:52:27 AM

I dont know why but iam scared of bitcoin getting ban.
Because of the china situation is there any possibility that bitcoin will get ban in every single country

There is next to no chance of there ever being a serious Bitcoin ban because it doesn't really have enough of a following for it to make sense, in most countries, and most countries also realize that it makes more sense to tax something like Bitcoin, since it is an economic asset and not any kind of military or intelligence one. If you ever want to rule a country but not have to have to deal with riots and those demanding independence (most of the time), it is far better to get a tax going on the people than to try and control them entirely.

Bitmore1

jr. member

Activity: 57

Merit: 4

Quote from: HabBear on September 16, 2017, 11:04:20 AM

Even if the world did, how could the stop it?

Bitcoin is just currency. No government can stop two people from using something as currency for exchang of good and services.

For example, if i fix your roof and you pay me as compensation, how can any government interefere with that personal transaction?

Let's get some examples of how a government could ban Bitcoin. China hasn't even banned Bitcoin, they just won't let you buy Bitcoin in China with yuan.

Not quite. Bitcoin is PROPERTY, and unless you ban private property there is no way to ban Bitcoin, unless you believe in communism which does ban private property. Governments control fiat federal money and as such they can attempt to ban or regulate transfers between their respective national currencies in their exchanges, but unless we turn to communism (and communists still do exist and promote such socialistic concepts)there is no way to ban Bitcoin.

virasog

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Leading Crypto Sports Betting & Casino Platform

You do not need to worry , bitcoin cannot be ban due to its decentralized feature, so government cannot trace where did the transaction done and made unless the exchange make the move but it is hardly impossible. If you worry about china, so do not, Chinese still using bitcoin circulates bitcoin in their country, the only thing is they cannot buy bitcoin directly by their currency to fiat, that is what Chinese government ban but they can still use bitcoin freely

Gloria_16

member

Activity: 112

Merit: 10

The government does not control bitcoin! probably in some countries it will be banned, but it is likely to be legalized.

paolo099

full member

Activity: 224

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banning completely it's impossible, i mean banning something which doesn't exist.. the only way to destroy completely all the crypto currencies is to shut down internet or electricity in the whole world.. no way it's gonna happen

sosobtc-Regina

newbie

Activity: 53

Merit: 0

no worries, this is an international thing, no one can ban completely.

Przemax

hero member

Activity: 574

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If you want to look it that way, the bitcoin was regulated all the time in the chineese exchanges. There were different rules for foreigners and chineese citizens. The ban so to say was for the cny. China want to stricly regulate it's own currency. They saw that chineese citizents affect their protected currency cny by transfering btc. They want to stop that. They will put a regulations for their exchanges to be less anonymous, so they can get a knock knock on the unruly citizen that undermine its fascistic take on their curreny.

Cacingkemi

hero member

Activity: 1484

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Quote from: mozillaspez on September 25, 2017, 01:27:42 AM

Quote from: Dhaaaw on September 23, 2017, 12:07:17 PM

Useless topic like the many other similar ones out there. If you actually looked around or made some research you woud know that bitcoin didn't get banned in china it was the undocumented ICO plus bitcoin cannot be banned since its beneficial for the people and the governments.

Who said that bitcoin is banned in china i mean who said that because they are just making fake news in real meaning false news about bitcoin that china has banned bitcoin it is totally wrong that china has banned it is still exists in china.

The fake news that is being discussed has been widely circulated until my village, I have assumed earlier that the news is only fake from people who want to get ric...do not have the skills to become a trader.

owengtam09

full member

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In my opinion bitcoin will not totally ban. I think even if our government ban bitcoin we can still use bitcoin. China doesn't ban bitcoin totally.

christsstrong

newbie

Activity: 81

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I think bans won't really matter. People's need will make them ignore those bans and they will come to bitcoin.

Andre_Goldman

sr. member

Activity: 322

Merit: 253

Property1of1OU

ban ban

mozillaspez

full member

Activity: 504

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Quote from: Dhaaaw on September 23, 2017, 12:07:17 PM

Useless topic like the many other similar ones out there. If you actually looked around or made some research you woud know that bitcoin didn't get banned in china it was the undocumented ICO plus bitcoin cannot be banned since its beneficial for the people and the governments.

Who said that bitcoin is banned in china i mean who said that because they are just making fake news in real meaning false news about bitcoin that china has banned bitcoin it is totally wrong that china has banned it is still exists in china.

Elcapsono

sr. member

Activity: 434

Merit: 250

Quote from: que91 on September 23, 2017, 03:22:44 PM

Quote from: bettercrypto on September 23, 2017, 01:44:07 PM

Quote from: xskl0 on September 16, 2017, 12:49:27 PM

It has been discused before on this forum. Bitcoin can't be banned

True but government can charge people of illegal stuff if they use Bitcoin. Honestly government is not attacking Bitcoin directly, they just attack people and establishment that take advantage of Bitcoin. Look at what the Chinese government did, they did not ban people from holding Bitcoin but rather they ban exchanges that transact with Bitcoin. And there is this rumor that even p2p transaction will be labeled illegal.

Those rumors just want to create more doubt on the market, I do not think China can banned Bitcoin on the world, only in this country. Bitcoin also not only for China, it for everyone and everyone can makes money from it.

China can give a bad example to all other countries that do not know what to do with bitcoin. But I still have hope that China will understand that bitcoin can not be taken from people

que91

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Activity: 406

Merit: 100

Quote from: bettercrypto on September 23, 2017, 01:44:07 PM

Quote from: xskl0 on September 16, 2017, 12:49:27 PM

It has been discused before on this forum. Bitcoin can't be banned

True but government can charge people of illegal stuff if they use Bitcoin. Honestly government is not attacking Bitcoin directly, they just attack people and establishment that take advantage of Bitcoin. Look at what the Chinese government did, they did not ban people from holding Bitcoin but rather they ban exchanges that transact with Bitcoin. And there is this rumor that even p2p transaction will be labeled illegal.

Those rumors just want to create more doubt on the market, I do not think China can banned Bitcoin on the world, only in this country. Bitcoin also not only for China, it for everyone and everyone can makes money from it.

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