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Topic: BAN ON BITCOINS!! - page 6. (Read 3115 times)

full member
Activity: 182
Merit: 100
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September 17, 2017, 05:45:07 AM
#40
Bitcoin would not be banned by all countries. Why is that? There are countries that are actively supporting and legalizing bitcoin and even if bitcoin gets banned it cannot stop people who still want to transact and use bitcoin.
hero member
Activity: 2758
Merit: 705
Dimon69
September 17, 2017, 05:41:13 AM
#39
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.
Yes bitcoin is a online currency and there is no such bad things that bitcoin do and china ban it because for some personal matter they have reason why they do that banning some ICO on their country we should respect it and i think so that there is no such thing that we need to panic and afraid for it.
sr. member
Activity: 490
Merit: 250
September 17, 2017, 05:35:47 AM
#38
Do not be afraid, bitcoin cannot be banned by countries who are trying to manipulate or control it since bitcoin is decentralized no one can control and handle of that. China does not banned bitcoin it is just that they do not use their currency to buy directly the bitcoin.
sr. member
Activity: 812
Merit: 262
September 17, 2017, 05:32:46 AM
#37
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

No do not be afraid that wont going to happen. Not just because of the issue about china banning bitcoin that doesnt mean that it can ban bitcoin all over the world. Bitcoin was now very useful all over the world and I think people wont let that to happen. Bitcoin was now on its way to a better future and I cant see any reason to be ban it in every single country.
sr. member
Activity: 854
Merit: 251
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September 17, 2017, 05:28:42 AM
#36
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

No one could stop people on using bitcoin we would find a way to use it if the government bans it,
They couldn't stop us unless they would shutdown the internet to stop us from making a transaction.
sr. member
Activity: 658
Merit: 252
September 17, 2017, 05:23:44 AM
#35
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 do not forsee that bitcoin will be banned in every country . Bitcoin is one of the curruncies now so It is impossible to ban bitcoin in every aspect. China's situation is very bad but It is China's concern for sure.
full member
Activity: 434
Merit: 103
Thinking on the higher plane of existence.
September 17, 2017, 05:22:29 AM
#34
BTC isn't banned in China, they only temporarily suspend exchanges within their territories for the purposes of legalization and legally binding under their management.
It is relieving to read this. Because if the ban of cryptotechnology such as bitcoin continued in china, there will be a huge crash in the part of cryptocurrency exchanges, as china holds 80% of total hash power rate as of to date. Another reason for bitcoin crash is many chinese investors would sell their bitcoin as to avoid huge loss in their part.
full member
Activity: 310
Merit: 102
JACS.tech
September 17, 2017, 04:54:35 AM
#33
BTC ban? Well, how can they practically make that?
As long as you've a working Internet connection; you can do whatever you want (with some workarounds here & there of course)
full member
Activity: 129
Merit: 100
September 17, 2017, 04:40:07 AM
#32
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 are very few countries that banning bitcoin in the world. I think China is the latest at number 6. Meaning hundreds of countries are still in bitcoin including big countries like USA, Russia,Europe and most countries in Asia. If you are scared then withdraw your bitcoins and altcoins but you must think it carefully because we are hoarding.
legendary
Activity: 3514
Merit: 1280
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September 17, 2017, 04:28:52 AM
#31
Buddy, nobody can ban bitcoins. To ban bitcoins, the only way is to ban internet and that is really not possible. China government is actually doing a stupid thing. Do you guys think ,Chinese people will stop trading after this ban? Definitely a big no. Within few days they will find some other way to compensate this ban. 

We don't know what they are really up to

When a few years ago the Russian Ministry of Finance had been scaring the world with the threats of completely outlawing Bitcoin in Russia as well as prosecuting the Russian Bitcoin owners with severe criminal penalties (up to a few years in prison), I had been been telling many of you that these were empty threats, and nothing would come out of that. And nothing did. So it might well be the same with the Chinese authorities "banning" local exchanges now, while, in fact, they are far from doing that in the sense we see it and make it out
member
Activity: 89
Merit: 10
September 17, 2017, 02:39:42 AM
#30
BTC isn't banned in China, they only temporarily suspend exchanges within their territories for the purposes of legalization and legally binding under their management.
full member
Activity: 504
Merit: 101
September 17, 2017, 02:32:41 AM
#29
should remain confident if bitcoin is not prohibited in other countries so the fate of bitcoiner will not be difficult in any income seeking to meet the needs of everyday life.
sr. member
Activity: 504
Merit: 250
September 17, 2017, 02:32:06 AM
#28
that's one of the many dreaded things in this forum. but in fact bitcoin dapet back up as before. all the things that can be worrying are temporary, and that's what happens in bitcoin.
newbie
Activity: 54
Merit: 0
September 17, 2017, 02:31:47 AM
#27
China I'm sure will reconsider. Bitcoin cannot actually be banned. The ppl will look for ways to trade maybe on decentralized exchanges...
sr. member
Activity: 518
Merit: 271
September 17, 2017, 02:08:35 AM
#26
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

don't be scared mate. it's china and we all know that  ban everything by the great firewall of china facebook google is banned in china so, i will not be surprised if bitcoin will be banned in china. and besides bitcoin is well established in legalized countries and also the governments benfits bitcoin so, why they ban bitcoin? only china can do that
sr. member
Activity: 240
Merit: 250
September 16, 2017, 10:56:47 PM
#25
maybe it's just china
not every country because some countries have legalized bitcoin
member
Activity: 98
Merit: 10
September 16, 2017, 10:53:29 PM
#24
no one can ban bitcoin, but if a government impose to ban bitcoin then they will loss 3/4 of the country's economic income and market as because together with the ban will be the shutting of the country's internet connection. As of now many country are depended on the internet to sort out things, transaction and payment. so when they ban bitcoin it will be there loss, like china government do, but chinese people will make a way and find anither path to make it open or find ways to trade and invst again. Bitcoin are STRONG!
full member
Activity: 406
Merit: 102
September 16, 2017, 09:23:26 PM
#23
The news just said that they have banned ICOs and local exchanges. That reflected to the price of bitcoin these passed few days. In my opinion, China just added regulation in using Bitcoin which I think will either be a more serious way in using them along side with the government for the community in the future or totally the end of bitcoin in China ( not possible. I think that most of Chinese people ahave huge population in tradings ang investment ).
I also think that being scared is not necessary because no one can stop it's decentralisation and it's use as a currency. The only thing that they can do is regulate it or manipulate the prices and putting taxes ( worst thing I can think of ).
As long as there is internet Bitcoin is alive. Government itself can not shut down internet because of its main use.
If they are going to ban it, then be it. I'll save without hesitations. I know not all countries will ban it at the same time. Bitcoin will always have a worth.
klf
legendary
Activity: 1344
Merit: 1000
September 16, 2017, 08:42:36 PM
#22
your fear is making people lots of money

Yes, most of the traders use these kinds of news to make a lot of money. If people get panic and sell at a loss then these traders will be the happiest guys because after some time they will release a news saying that no ban then again prices will go up and public again buy at a higher price. Don't scare and sell your investments at a loss. 

hero member
Activity: 770
Merit: 500
September 16, 2017, 07:08:43 PM
#21
Buddy, nobody can ban bitcoins. To ban bitcoins, the only way is to ban internet and that is really not possible. China government is actually doing a stupid thing. Do you guys think ,Chinese people will stop trading after this ban? Definitely a big no. Within few days they will find some other way to compensate this ban. 
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