bitcoin is banned - page 4. | Bitcointalksearch.org

calkob

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Quote from: vaxo_nba on February 05, 2017, 01:06:44 AM

How can bitcoin become global when not so few countries, including Russia and China, ban it?

As far as i am aware it is not banned in them countries that you mention Huh

and even if it was banned world wide the government cannot stop you using it anyway so a ban would be pointless Grin

fullypak

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Quote from: BitSat on February 05, 2017, 12:43:19 PM

Quote from: hajimasan on February 05, 2017, 12:32:31 PM

Doesn't matter who ever ban bitcoin because not all nation are going to ban bitcoin. Some government really appreciate the technology while other see bitcoin as illegal medium of money transaction. So every bodys thinking is different and it's won't affect the bitcoin user world wide. Because some may give good bye but other will still use it.

Currently we have no threat for any ban of bitcoin in any big country even in Russia and China its just rumor most of developed countries enjoying spread of this and adaption is very good right now just few developing and corrupt countries have problem but its not going to hurt any one because they already have no worth in bitcoin community

I never heard that Bitcoin banned 100% in any country. I think in all country people are using this bitcoin. It's not easy to ban 100% bitcoin transaction in any country. But the government can call the bitcoin transaction is illegal, and they have rights to punish those who use bitcoin. According to my knowledge bitcoin is not banned in any country. Only the govt is not accepting this bitcoin as a legal currency that's it.

BrewMaster

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Quote from: X-ray on February 05, 2017, 10:54:04 AM

Quote from: vaxo_nba on February 05, 2017, 01:06:44 AM

How can bitcoin become global when not so few countries, including Russia and China, ban it?

https://www.cryptocoinsnews.com/the-russian-bitcoin-ban-is-on-indefinite-hold/

And all of the sadly news have released by the chinese are totally bullshit. Don't bring yourself into all of the FUD, dude. May you see venezuela?

i wouldn't trust anything that cryptocoinsnews says, they are known liars and in the past i have seen enough lies from them to ignore all their articles.

if you want to talk about any country or get any information about them, seek reliable sources. even wikipedia has better updates sources:
such as this link which was repeated a couple of times here.
https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country

p.s. in case of this news they seem to be correct.

ikydesu

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Quote from: vaxo_nba on February 05, 2017, 01:06:44 AM

How can bitcoin become global when not so few countries, including Russia and China, ban it?

Initially Russia ban bitcoin, but puttin have been declared recently it's not ban anymore, it's little bit confusing we don't know they plan, also Russia have a plan to create their own digital currency.
In China trading bitcoin individually is legal.

Some country have been open mind to bitcoin https://news.bitcoin.com/worlds-top-10-bitcoin-friendly-countries/

BitSat

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Quote from: hajimasan on February 05, 2017, 12:32:31 PM

Doesn't matter who ever ban bitcoin because not all nation are going to ban bitcoin. Some government really appreciate the technology while other see bitcoin as illegal medium of money transaction. So every bodys thinking is different and it's won't affect the bitcoin user world wide. Because some may give good bye but other will still use it.

Currently we have no threat for any ban of bitcoin in any big country even in Russia and China its just rumor most of developed countries enjoying spread of this and adaption is very good right now just few developing and corrupt countries have problem but its not going to hurt any one because they already have no worth in bitcoin community

hajimasan

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Doesn't matter who ever ban bitcoin because not all nation are going to ban bitcoin. Some government really appreciate the technology while other see bitcoin as illegal medium of money transaction. So every bodys thinking is different and it's won't affect the bitcoin user world wide. Because some may give good bye but other will still use it.

gilangIDR

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Quote from: bestluck on February 05, 2017, 11:59:31 AM

Bitcoin is going to be more adoptable and acceptable in the coming days so if you will say that there will be a problem that these will ban it but that is wrong because you do no now that bitcoin is the future of economy.

I agree with you . The current movement of bitcoin is increasing. of course, the government is currently nursing glance and regulation of bitcoin. we still have to wait until it was all finished. Bitcoin is the future of financial system.

error08

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Quote from: vaxo_nba on February 05, 2017, 01:06:44 AM

How can bitcoin become global when not so few countries, including Russia and China, ban it?

I believe you've got misleading information about bitcoin. Read this https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country
Some countries banned bitcoin, indeed, due to some illegal incidents in the past such as money laundering.
But Russia and China doesn't ban bitcoin
China : While private parties can hold and trade bitcoins in China, regulation prohibits financial firms like banks from doing the same
Russia : As of November 2016, bitcoin is not illegal according to a Russian federal tax service letter
Mostly countries doesn't regulated bitcoin yet and stated it legal to have it as commodity or digital currency but government not responsible if something happen to your bitcoin.

Blitzboy

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Quote from: bestluck on February 05, 2017, 11:59:31 AM

Bitcoin is going to be more adoptable and acceptable in the coming days so if you will say that there will be a problem that these will ban it but that is wrong because you do no now that bitcoin is the future of economy.

Although bitcoin is a future of the economy, the number of people who underestimate Bitcoin is still very high. We still need to do a lot of think if you want Bitcoin to be adopted. Some governments still think Bitcoin is a threat. Other even ban Bitcoin for no reason. THerefore, we still have to wait for a long time for Bitcoin to become the world new currency

bestluck

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Bitcoin is going to be more adoptable and acceptable in the coming days like almost of the countries of the world will adopt bitcoin for the use in their states and the development of the countries will be linked with it so if you will say that there will be a problem that these countries will ban it that is wrong as they will not want to deny their states to be the part of that modern and advanced technology of the future.

erikalui

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Quote from: Idrisu on February 05, 2017, 11:23:29 AM

Quote from: vaxo_nba on February 05, 2017, 01:06:44 AM

How can bitcoin become global when not so few countries, including Russia and China, ban it?

Russian and china has never once banned bitcoin rather most of bitcoinist are from those countries. All developed countries are correctly using bitcoin and that is why it values keep on increasing. I will advice investors to keep their investment in bitcoin as is more safer than stock and others assets. Traders should also look for business opportunity that exists in bitcoin and explore it.

Russia had planned to ban bitcoins but did not finalize this step. They wanted to penalize people exchanging their currency with bitcoins on exchanges and even give them a jail sentence.

@OP: Only Bolivia and Bangladesh have officially banned the currency citing their foreign currency control act saying that it's illegal to trade in any currency that is not regulated. These countries don't even have much demand of bitcoins among their citizens and China can never ban bitcoins as they indeed support it.

Gembul

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Quote from: vaxo_nba on February 05, 2017, 01:06:44 AM

How can bitcoin become global when not so few countries, including Russia and China, ban it?

Bitcoin can be global because of the transaction that is easy and fast. Plus fee is cheaper to send across the country or even continent. It is that I think bitcoin quickly spread globally. For some countries restrict bitcoin I guess it does not really affect the use bitcoin in other countries. But sometimes if big country was rumored to prohibit bitcoin then this will affect the price movement. thank you. IMO

Idrisu

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Quote from: vaxo_nba on February 05, 2017, 01:06:44 AM

How can bitcoin become global when not so few countries, including Russia and China, ban it?

Russian and china has never once banned bitcoin rather most of bitcoinist are from those countries. All developed countries are correctly using bitcoin and that is why it values keep on increasing. I will advice investors to keep their investment in bitcoin as is more safer than stock and others assets. Traders should also look for business opportunity that exists in bitcoin and explore it.

European Central Bank

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as everyone else has said, bitcoin hasn't been banned in russia or china.

it would be very interesting to see what did happen if it really was explicitly banned somewhere where there's an actual bitcoin scene of a sort. i'll guess somewhere in south america will be the first.

Tanic

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Bitcoin is not banned yet in anywhere. But it is pretty possible in the case if bitcoin will cost too much. I think some countries will see real danger in bitcoin in the case of big price, cause of many people will try to cash out their bitcoins to not skip that chance. And in that moment many people will became milliners or just rich people in one moment. Time will show how governments will accept bitcoin. Just cause of they don't wish to share their wealth they can kill bitcoin in the most beginning.

szpalata

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Quote from: vaxo_nba on February 05, 2017, 01:06:44 AM

How can bitcoin become global when not so few countries, including Russia and China, ban it?

That's the lie of the day! How in a the first place can Bitcoin be banned? Shutting down Internet? It seems people need to get it straight about the mechanisms behind the operation of Bitcoin. Do more research on this forum; there are lots of threads discussing how decentralized is.

jaberwock

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Quote from: X-ray on February 05, 2017, 10:54:04 AM

Quote from: vaxo_nba on February 05, 2017, 01:06:44 AM

How can bitcoin become global when not so few countries, including Russia and China, ban it?

https://www.cryptocoinsnews.com/the-russian-bitcoin-ban-is-on-indefinite-hold/

And all of the sadly news have released by the chinese are totally bullshit. Don't bring yourself into all of the FUD, dude. May you see venezuela?

as far I know Bitcoin is not banned in Venezuela, at least according to the law, but I don't know if is restricted or something.

of course in all totalitarians regimes everything is forbidden including what is allowed, so I don't know if Bitcoin is forbidden in practice

X-ray

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Quote from: vaxo_nba on February 05, 2017, 01:06:44 AM

How can bitcoin become global when not so few countries, including Russia and China, ban it?

https://www.cryptocoinsnews.com/the-russian-bitcoin-ban-is-on-indefinite-hold/

And all of the sadly news have released by the chinese are totally bullshit. Don't bring yourself into all of the FUD, dude. May you see venezuela?

Bitcotalk

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In the coming future everyone know that the success is related to only bitcoin payment system for local and international business and their transactions so in that time every country will want to adopt it for their country to get the success for their citizens in the international market and no one will ban it but everyone will be attracted to it.

cryp24x

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I think these two country are trying to regulate Bitcoin, though at some point of history they plan to ban bitcoin but instead they just think of advising their population to take cautious. At this time, this two country are open to Bitcoin but still trying ways on how to regulate it.

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