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Topic: Bitcoin is now banned in JAMAICA - page 5. (Read 1022 times)

sr. member
Activity: 910
Merit: 252
April 13, 2018, 03:47:18 AM
#91
Its all done by central banks because their huge revenue going because of Remittance industry. Now they want to stop this even peopele are going for decentrelised lending platform this peopel cant bare that also . Central banks still fighting against bitcoin . My answer "I dont care"
member
Activity: 238
Merit: 11
April 13, 2018, 03:22:36 AM
#90
Bitcoin is getting banned in jamaica heard recent news
about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect. Smiley
Another ban that I have not heard of. But it seems that bitkoinu to Jamaica do not care. In Jamaica, there are only 2.8 million people, so in the bitcoin, this prohibition should not be reflected in any way.
sr. member
Activity: 616
Merit: 256
April 13, 2018, 02:57:48 AM
#89
Restriction ,regulation and banning of bitcoin may differ from different countries, territories or region. Some government will interfere the transaction that may passing thru their territories and some want to implement tax regulation or other might fear that it could be exploited for terror financing and some form of money laundering and for gambling purposes. Overall if bitcoin utilised properly and legally then there is no reason to ban it in other countries.
newbie
Activity: 154
Merit: 0
April 13, 2018, 02:55:48 AM
#88
The countries banning bitcoin obviously don't have much knowledge that is unbiased and fair. The officials may also do this because they understand it is coming to disrupt the status quo of what they are benefiting from.
jr. member
Activity: 170
Merit: 6
(┛❍ᴥ❍)┛彡Axi
April 13, 2018, 02:51:27 AM
#87
I feel not worried, because I know Bitcoin is still the most trusted investment. And it is the most valuable coin. So if there are some countries ban the Bitcoin, they lost the most important that can be earn even in a simple person.
legendary
Activity: 1428
Merit: 1000
April 13, 2018, 02:47:07 AM
#86
Banned like "completely banned"? I really cannot believe that. Probably a totally non-legit fud, taken out of the context. Any Jamaicans to confirm?
a complete ban is not possible but they can have rights to close all local exchanges in their country. But who knows this is real or fake news there is no any official news from Jamaica government. Suppose if they announced means that news clip must be available on youtube. I think this is a fake news let's wait until any Jamaicans to confirm.
full member
Activity: 322
Merit: 141
April 13, 2018, 02:14:47 AM
#85
Banned like "completely banned"? I really cannot believe that. Probably a totally non-legit fud, taken out of the context. Any Jamaicans to confirm?
full member
Activity: 448
Merit: 100
Lets Go Adab
April 13, 2018, 02:10:03 AM
#84
Bitcoin is getting banned in jamaica heard recent news
about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect. Smiley

It does not matter if they ban bitcoins or all the cryptocurrency because there are still big countries like russia, japan, korea who is allowing bitcoins on their area so people can still invest and bitcoins will grow even more and there's nothing to worry about the market.
full member
Activity: 448
Merit: 232
April 13, 2018, 02:06:44 AM
#83
Bitcoin is getting banned in jamaica heard recent news
about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect. Smiley

I think that one of the reasons for this ban was the increased use of bitcoins in the slave trade, which occurs in the territory of Jamaica. Slave traders increasingly use bitcoins and other crypto-currencies, and deals are concluded in darknet. At a conference in New Kingston to combat money laundering and the financing of terrorism, the Jamaican police stressed the need to eliminate the financial flows of slavers. I guess they found a way out of the current situation in the prohibition of Bitcoin.
newbie
Activity: 112
Merit: 0
April 13, 2018, 01:56:07 AM
#82
that's quite not surprising to me, since they're lack of general information about how bitcoin works. or they do know but meh whatever.
newbie
Activity: 72
Merit: 0
April 11, 2018, 09:44:57 PM
#81
Perhaps you can still use your saved BTC on online store that accepts Bitcoin.
hero member
Activity: 1078
Merit: 507
April 11, 2018, 12:57:25 PM
#80
Probably fake news, but who cares it's jamaica this isn't going to matter anyway. And in the long run they will cry when they see the big countries are actually adopting.

Exactly, seems like a fake news or just wanted to create FUD among people to lower the price nothing else. Tried to dig inside the news but still no sources on interest are confirming this news, which just indicates it as another rumor. Bitcoin is already struggling to make a upward move and such news can only degrade its status in local exchanges. Also, people are now more smart and they try to investigate rather than blind following which saves them from such fake news.
full member
Activity: 378
Merit: 100
ADAB ADAB ADAB ADAB
April 11, 2018, 12:19:15 PM
#79
Bitcoin is getting banned in jamaica heard recent news
about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect. Smiley

Banning of bitcoins in other country does not really matter because there are still a lot of people in other countries who are interested on investing in cryptocurrency and as long as there is internet then bitcoins will continue to rise since the demand in the market is keep on increasing.
member
Activity: 574
Merit: 12
April 11, 2018, 12:13:13 PM
#78
Bitcoin is getting banned in jamaica heard recent news
about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect. Smiley
If the Bank of Jamaica stops providing services in the crypto currency, it does not mean anything for the whole country. Jamaica is a very small island country and does not have any influence on cryptoapple. In addition, as I understand, the circulation of the crypto currency will continue there. Therefore, there is nothing that deserves our attention.
jr. member
Activity: 185
Merit: 3
April 11, 2018, 12:03:14 PM
#77
https://bravenewcoin.com/news/the-central-bank-of-jamaica-is-actively-building-cryptocurrency-awareness/

This was the recent news of Bitcoin in Jamaica in August 2017. No need to even click the link as what you can see in its specific article and also no need for explanation on what was the article all about. The article will speak itself for you, OP.  Stupid fear-inducing people these days, I swear. Posting blindly random crappy threads without even proving their point.
hero member
Activity: 688
Merit: 500
April 11, 2018, 11:55:47 AM
#76
Bitcoin is getting banned in jamaica heard recent news
about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect. Smiley

Can you please share the official source where Bank Of Jamaica said that? I searched but wasn't able to find any such news.
But if this is true, its nothing surprising to me and I see many more governments joining this list in future. Central banks owned by governments don't have much benefit in adopting the cryptocurrency revolution that's why they are placing a complete ban.
full member
Activity: 854
Merit: 101
Polkadog - Multi-Chain Defi Meme
April 11, 2018, 11:44:03 AM
#75
I didn't see any news about a ban on bitcoin in Jamaica. Or maybe bitcoin is less of a media spotlight in jamaica. I think this is just some kind of behavior of people who want to spread FUD.
full member
Activity: 305
Merit: 100
[PROFISH.IO]
April 11, 2018, 11:36:17 AM
#74
Bitcoin is getting banned in jamaica heard recent news
about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect. Smiley
Many central banks are shutting down bitcoin recently but I think this will not made a huge impact. Bitcoin is not the center of Jamaica, it is nit their world. They are a herbal country (just kidding on this if you know what I mean), they will gonna use their resources in their country. I mean, Jamaica is a free country, anything will do.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
April 11, 2018, 11:31:10 AM
#73
Bitcoin is getting banned in jamaica heard recent news
about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect. Smiley
Only bank of jamaica is avoiding virtual currency so that means not the government?why you people are so over reactants?this is too far from the topic itself.stop doing this thread coz its not helping our cryptocurrency world.lets get together to make a growth,every post we made must be in favor of crypto annot those bad news
legendary
Activity: 1372
Merit: 1005
April 11, 2018, 11:29:43 AM
#72
Bitcoin is getting banned in jamaica heard recent news
about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect. Smiley

Fake news this is how peplw spreaded that bitcoin has been banned in Australia and India. When read the complete news we can able to understand that warning and risk involvment has been explained there is no other issues mate.
If you read the mutual funds and share market funds then you will be able to see the risk involvement policy in every country. So we cannot say it is banned or something. Same applies on bitcoin too.
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