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Topic: Bitcoin still exist in your country? - page 21. (Read 1876 times)

newbie
Activity: 84
Merit: 0
February 22, 2018, 10:12:38 PM
#50
Bitcoin is well known in our country but the transaction using is not yet accepted generally. Here in philippines we exchange bitcoin through coins.ph. We are grateful because bitcoin community is becoming larger as day passes by. Hoping someday that here in the philippines bitcoin will be accepted as mode of payment.
full member
Activity: 420
Merit: 106
February 22, 2018, 10:11:11 PM
#49
Yes bitcoin exist in our country but i think this will be banned soon or it will become limited to use because government in our country our taking actions about this matter because of the complaint from the international banks. some banks reported a massive volume of money entering some of bitcoins holders accounts.
member
Activity: 293
Merit: 11
Eros Di Caeli
February 22, 2018, 10:00:45 PM
#48

In my country a cryptocurrency called petro is being developed, it is new, and it is still waiting for how it develops over time, however it is centralized and I would not choose to invest in it.
hero member
Activity: 1008
Merit: 501
February 22, 2018, 09:51:30 PM
#47
Here in the Philippines, we don't accept bitcoins as mode of payment but you can easily transfer your bitcoin to fiat using coins.ph. You can exchange fiat to btc or vice versa in just a blink of an eye. They are now also adding eth walllet so it will be more easier to transfer funds MEW and other eth wallet. So even companies don't accept crypto as mode of payment, we can easliy encash our crypto's. If you are going to ask where are we going to transfer the money? We can send it to banks and wire money transfers. All we need to wait is for a couple of hours before we can get the money.
Countries are only the users of bitcoin, it has no boundaries even if it is prohibited in some countries like China. Bitcoin operates in blockchain, therefore it has no boundaries or specific countries. Bitcoin is operating and is existing to many countries like Philippines because the government supports it. Bitcoin will continue to exist and will be recognized as the new currency of mankind.
My country also has a local exchange like coins.ph and is very grateful because it makes it easier for bitcoin users in my country to exchange between fiat and bitcoin but you know that local exchange sites certainly use local domains right ? like conis.PH, of course if the state forbids bitcoin. they can easily block the site?
jr. member
Activity: 187
Merit: 2
February 22, 2018, 09:42:47 PM
#46
There is no clear rule about bitcoin in my country. It's just that there is a ban on the use of bitcoin as a medium of exchange other than my official state money. But there is no prohibition if bitcoin is converted in to the official state money first and then used for shopping.
member
Activity: 252
Merit: 12
February 22, 2018, 09:32:02 PM
#45
Our government approved in Bitcoin, but for now it only used for trading. But I know, that our government will approve to used bitcoin in all transaction. Also, remittances from other countries used bitcoin as their medium. And now, many people in my country interested and already invested in bitcoin.
member
Activity: 476
Merit: 10
Student Coin
February 22, 2018, 09:26:09 PM
#44
My country accepted bitcoin pretty well. I think bitcoin develops fast here in Europe.
Also here in my country, actually  they have branches that accepted bitcoin and also you could buy anything by using it trough only bitcoin stores.
member
Activity: 392
Merit: 11
The New Pharma-Centric Marketplace
February 22, 2018, 09:21:08 PM
#43
I wonder,that the other country didnt accept bitcoin.

Mostly those country who did not accept bitcoin as part of the circulaton of there economy is treating the digital currency a fraud or scam,thats why they treats bitcoin as illegal to operate or probihited in there own country,but here in my own homeland digital currency is widely open to operate different kind of investment in cryptocurrency.actualy bitcoin in my country is not legal but  our government is not strict to run bitcoin in our economy growth,because they treats bitcoins as saviour to unempolyed people here in my country.
member
Activity: 588
Merit: 11
February 22, 2018, 08:57:00 PM
#42
Most appropriate if the question is I WONDER WHY OTHER COUNTRIES ACCEPT BITCOIN? Today the ways of culture change, the cultural way of doing business, cultural ways of involving in some particular activities, the cultural change of leaders, the cultural took care of some legacy of the old habitats. The most common must not the question but the appropriate is not the common one. Bitcoin wasn't accepted by other countries coz they have a self evaluations that it is harmful for them. Those who accepted is lucky, but how? Because of investing in the future and being prepare.
member
Activity: 172
Merit: 10
February 22, 2018, 08:52:11 PM
#41
I think Bitcoin is universal but fortunately in my country is not forbidden. It is accepted as a form of payment for some stores, they are people who mining, everything is ok.
sr. member
Activity: 826
Merit: 250
February 22, 2018, 08:44:44 PM
#40
I wonder,that the other country didnt accept bitcoin.

Bitcoin is really is famous now, which made other people wanting to take hold unto bitcoin. By that they are more often liking the fact that they are wanting to own it. So does our country is not limiting people to use it more for they're living.
inevitably the state will also learn the future if it is more famous bitcoin because it could be a time bomb for anyone in the community, now my country is reviewing bitcoin
sr. member
Activity: 1820
Merit: 436
February 22, 2018, 08:36:44 PM
#39
I wonder,that the other country didnt accept bitcoin.

Bitcoin is really is famous now, which made other people wanting to take hold unto bitcoin. By that they are more often liking the fact that they are wanting to own it. So does our country is not limiting people to use it more for they're living.
member
Activity: 359
Merit: 15
February 22, 2018, 08:27:59 PM
#38
I wonder,that the other country didnt accept bitcoin.

I have a bad feelings that someday bitcoin will be banned in our country, because of the actions of some banks here are against bitcoin some of them are not accepting bitcoin and if your bank account tracked that has a bitcoin transaction on it, the bank will kill you and your account will be forced closed.
jr. member
Activity: 84
Merit: 5
February 22, 2018, 08:21:37 PM
#37
I wonder,that the other country didnt accept bitcoin.
Here in our country the Philippines the acceptance of the Philippine market to this latest development of technology is still limited but still there were two local companies who were actively promoting bitcoins like the Coins.ph and the Buybitcoins.ph despite many challenges they remain positive that Bitcoin will penetrate larger market in our country since our government doesn't ban Bitcoin rather only regulate it. Only 2.9 % of the total population in our country adopt crypto currencies but still its a big thing compared to other Asian countries.
hero member
Activity: 1190
Merit: 500
February 22, 2018, 08:21:11 PM
#36
I wonder,that the other country didnt accept bitcoin.

Yes you are right because our country didn't accept bitcoin or saying that if they caught you to transacting and using bitcoin they will arrest you but right now we are so thankful because you now a freedom to transact and earn bitcoin as one of your income. Now our country was open in bitcoin but always reminding us to keep safe and be careful to those scammer that promising you to earn a big amount but that is not true.
I think some countries still have not stated anything to bitcoin. only some countries are banning bitcoin and only a few that legalize bitcoin and taxes on bitcoins. in my own country bitcoin is still free to use only the state does not interfere with the losses to be earned if using bitcoin as an investment. I think that's not a problem as long as they do not prohibit bitcoin.
full member
Activity: 476
Merit: 102
February 22, 2018, 08:10:49 PM
#35
I wonder,that the other country didnt accept bitcoin.


Bitcoin and other crypto's here in my country are still exist even bitcoin and are not allowed as mode of payment but you can also exchange or transfer it to fiat to buy and pay anything. But you can used bitcoin here in other transaction like transfer of money, buy stuff through digital transaction. Bitcoin here in my county is not prohibited instead government allow all transaction and remittances transact within.

People used bitcoin in different countries around the world without any boundaries even some country didn't allow transaction within. But the important bitcoin is continuously circulated and used in different nation around the world.
member
Activity: 434
Merit: 10
February 22, 2018, 08:00:29 PM
#34
Accepting and not accepting a country about bitcoin is a natural thing because each country has a different legal base on banking and the economy.
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
February 22, 2018, 07:24:13 PM
#33
Here in the Philippines, we don't accept bitcoins as mode of payment but you can easily transfer your bitcoin to fiat using coins.ph. You can exchange fiat to btc or vice versa in just a blink of an eye. They are now also adding eth walllet so it will be more easier to transfer funds MEW and other eth wallet. So even companies don't accept crypto as mode of payment, we can easliy encash our crypto's. If you are going to ask where are we going to transfer the money? We can send it to banks and wire money transfers. All we need to wait is for a couple of hours before we can get the money.
Countries are only the users of bitcoin, it has no boundaries even if it is prohibited in some countries like China. Bitcoin operates in blockchain, therefore it has no boundaries or specific countries. Bitcoin is operating and is existing to many countries like Philippines because the government supports it. Bitcoin will continue to exist and will be recognized as the new currency of mankind.
member
Activity: 378
Merit: 16
February 22, 2018, 07:23:25 PM
#32
Here in the Philippines, we don't accept bitcoins as mode of payment but you can easily transfer your bitcoin to fiat using coins.ph. You can exchange fiat to btc or vice versa in just a blink of an eye. They are now also adding eth walllet so it will be more easier to transfer funds MEW and other eth wallet. So even companies don't accept crypto as mode of payment, we can easliy encash our crypto's. If you are going to ask where are we going to transfer the money? We can send it to banks and wire money transfers. All we need to wait is for a couple of hours before we can get the money.
newbie
Activity: 78
Merit: 0
February 22, 2018, 07:19:13 PM
#31
In the philippines a lot of people are joining in bitcoins but i am not sure that the government is accepting cryptocurrency. If ever the government embrace the new technology then the lives of every filipino makes easier.
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