Topic: BAN ON BITCOINS!! - page 2. (Read 3090 times)
Imagine being able to trade within your wallet fully P2P decentralized. And watch privacy centric coins prices explode. Not possible to ban. Period.
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.
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
Because of the china situation is there any possibility that bitcoin will get ban in every single country
No, it is not possible for every single country to ban Bitcoin.
Theoretically it is possible. And it is practical as well. The United Nations can announce that Bitcoins are linked to the sale of online child pornography. Not even the legendary members of this forum will have the courage to defend Bitcoin in such a situation
There is no agreement between the major powers in the UN Security Council
And Bitcoin is not that big so far to get banned at that level anyway. But once it gets there, the whole UN may be no longer relevant just like national governments may be no longer by then. Further, for every case of child pornography linked to Bitcoin, there will be a dozen (hundred) of such (and even uglier) cases linked to the US dollar. So it is not actually a matter of defending Bitcoin. I'd rather say it is sooner a matter of seeing things in their true light. In other words, don't shoot the messenger
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
Because of the china situation is there any possibility that bitcoin will get ban in every single country
That can't be happening for every country. China is ruled by a communist government like North Korea so they are just trying to discourage people from using any external source of income. They want their citizens to remain dependent on their government instead of being self-sufficient. That is not the case worldwide.
There are countries like Holland and Japan who have legalized bitcoin for greater use. Japan has recently awarded a license to a crypto currency exchange known as CoinCheck. So the case of bitcoin is not gloomy as it seems.
I think bitcoin will not get ban in every single country because bitcoin can't be baned. Bitcoin is just currency and not subject to the Manager of any individual, any collective. Furthermore there is no reason to ban bitcoin, Bitcoin enrich their country
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
Because of the china situation is there any possibility that bitcoin will get ban in every single country
No, it is not possible for every single country to ban Bitcoin.
Theoretically it is possible. And it is practical as well. The United Nations can announce that Bitcoins are linked to the sale of online child pornography. Not even the legendary members of this forum will have the courage to defend Bitcoin in such a situation.
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.
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
Because of the china situation is there any possibility that bitcoin will get ban in every single country
No, it is not possible for every single country to ban Bitcoin.
We do not need to be afraid, bitcoin users are very loyal and spread evenly around the world, if any country is banned bitcoin it will not have much effect \, the proof is now bitcoin prices can raise to $ 4000.
There is absolutely no way that will happen. No government can completely ban bitcoins, They can announce that bitcoin is illegal but still if you have an internet connection and a VPN you can still buy,hold,trade btc. If a gov bans btc completely then that means it has to ban ALL btc wallets, and that is impossible to do.
How can you buy or cash out, if bitcoin is made illegal?
There would be nothing but decentralized exchanges probably and no way of legal FIAT-BTC trading.
It would be very scary if bitcoin is banned but I think if bitcoin is banned people will continue to use it since it is a currency and you can’t stop people from using money every now and then and it is a necessity. But I honestly think bitcoin would not be banned all in all because it is now accepted by different countries.
This ban craze of China never leaves the mind and thoughts of weakhands. Please guys stop whining about this FUD, everyone is sick about the fake news that never gets confirmation from the government. Remember that China banned only ICO's, and only those trading sites that are involved in ICO. Then fake news spreaded, maybe those guys with money really paid the media to spread a FUD so they can really take advantage of the situation because they had already made their profits so they need to buy at cheaper price. There are no official announcement by the government, so as because they knew about it that bitcoin somehow can really help their economy and they have to be careful in regulating it.
I think they do not like something they do not have control over. Bitcoin = freedom in a currency, and also the Chinese do not like their citizens taking out their money without government knowing about it (only government officials can do that lol). They'll support anything that makes them stronger or weakens the U.S., so far they haven't figured that one out yet. They will definitely use the technology and probably come up with their own altcoin that they can somewhat control.
I think dont worry too much about that because with the current bitcoin development more and more are using bitcoin it is not possible all countries will ban bitcoin.
Sure it does possible to be banned in every country, but that is not something that we can prevent, but until now there are only some country that feel Bitcoin is disturbing their country, but don't be too paranoid, just invest what you can afford to lose, and just observe the situation, when you feel something not right you still can take action by selling it
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 possibility that it will happen. But you don't have to worry because I think bitcoin will not get banned in the whole world. Yes some country might ban bitcoin but I think it will affect only the bitcoin price. As you can see there has been an issue about bitcoin in china then the bitcoin price went down but as you can see also it rises up again. Because of the china situation is there any possibility that bitcoin will get ban in every single country
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
Because of the china situation is there any possibility that bitcoin will get ban in every single country
China situation is different and not all countries see eye to eye like China, USA, Japan are the countries that are using it. Let's say all countries ban it, how will they stop it, there is no legal mechanism to stop Bitcoins, cause it's needs no permission. Plus China just has 10% share now, so it doesn't really matter now. Again I don't think countries will ban it, rather they will adopt it, cause that's the future.
There is absolutely no way that will happen. No government can completely ban bitcoins, They can announce that bitcoin is illegal but still if you have an internet connection and a VPN you can still buy,hold,trade btc. If a gov bans btc completely then that means it has to ban ALL btc wallets, and that is impossible to do.
See Bitcoin cannot be banned and your fear is one the reasons.
Can someone ban illegal download of movies , music , etc. The only way to stop making it's value worth totally nothing and I guess that's never gonna happen. Good luck!
Actually this is what I'm trying to say. Recently we introduced Chinese regulations on crypto exchange, this may effect temporary but will go more strongly. People will use at any cost. Can someone ban illegal download of movies , music , etc. The only way to stop making it's value worth totally nothing and I guess that's never gonna happen. Good luck!
For computer nerds they may be able to work their way around a ban. As for the regular population and large portion of the Bitcoin population now they would not be able to make their way around the ban. So can Bitcoin be banned? Technically no, but it can be rendered useless by government intervention making common folk unable to use it without facing litigation.
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