Pages:
Author

Topic: Bitcoin will be junk/trash after ban in 2 big countries - page 2. (Read 1458 times)

sr. member
Activity: 972
Merit: 255
Bear season or just the beginning
Look at the price now? Where are the Indians that can trash Bitcoin price? I told you India have little volume in crypto and it is not enough to even drop Bitcoin back to $5,000. Bar the Chinese because their rich people can easily evade their government rules.
full member
Activity: 854
Merit: 104
Even if the circulation of cryptocurrency is prohibited in India and China, it will not significantly affect the cryptocurrency. She will continue to walk in other countries and will further develop. We know that these prohibitions are temporary. The countries of the G-20, the countries of the European Union do not reject cryptocurrency, and it will be regulated and walked on their territory. Perhaps, for a short time, these bans will affect the cryptocurrency price decline, but no more.
jr. member
Activity: 42
Merit: 2
These countries have a very large population, but this does not mean that they have a great influence on bitcoin. Bitcoin will still be distributed. Therefore, the bans of these countries will not prevent it from developing.

I agree India does not influence anything. India gets 2 Olympic gold medals in each world Olympics events till today. India shows bollywood trash to all the countries that's all.
hero member
Activity: 1568
Merit: 544
I think that all these prohibitions are temporary. Sooner or later bitcoin will be accepted everywhere. But even if there are several countries that will ban it, it will not have a significant negative impact on bitcoin.
Indeed Bitcoin does not have borders and cant be blocked, China as example that has tried it before.  They can make it though do.
member
Activity: 596
Merit: 10
I think that all these prohibitions are temporary. Sooner or later bitcoin will be accepted everywhere. But even if there are several countries that will ban it, it will not have a significant negative impact on bitcoin.
member
Activity: 921
Merit: 10
These countries have a very large population, but this does not mean that they have a great influence on bitcoin. Bitcoin will still be distributed. Therefore, the bans of these countries will not prevent it from developing.
newbie
Activity: 26
Merit: 2
Thats a bit sad if India is  going thru with this ban, because it will ban the common folks from using cryptos . I honestly believe that it could be beneficial for this particular country. But about China - I am not sure that ban is actually working, I often read that Chinese are in fact mining and using  BTC.
jr. member
Activity: 42
Merit: 2
Satoshi Nakamoto -- I'm sure that in 20 years there will either be very large transaction volume or no volume

Satoshi knew bitcoin's end after 20 years if it does not make it ?
legendary
Activity: 1274
Merit: 1004
It will not become trash for sure. it's upon a users/person's point of view how you think bitcoin or any other cryptocurrency will affect the country. yes, its true that cryptocurrencies are banned in these two countries but look on the bright side bitcoin is accepted in many companies, countries and even big individuals are holding bitcoins. Soon India and China will be forced to accept this new technology or they have to face the losses associated with it. if you can not adjust with the world then you will face whats called changing time.
member
Activity: 616
Merit: 12
Send&Receive Money Instantly, w/ no hidden costs
Bitcoin got banned in India and China so Bitcoin is worthless in these 2 countries. People of India will lose $10,000 or $100,000 if they do not get buyers in other countries at $7000.

But who will buy 1 Bitcoin for $7000 ??  Grin  Insider's Information for Gold and Silver

Bollywood superstar "Amitabh Bachchan" earned multi-million dollars by starting a Bitcoin company.

Wait a minute, where did you get this information? Even if bitcoin is banned in both countries, I'm still not sure that Bitcoin will reach a decline to that level. Banned is more about using bitcoin as a means of payment (usually the case is like that) so that ownership of bitcoin can still be allowed.

And also what kind of Bitcoin company is that ? i mean the purpose of that company run for ?
newbie
Activity: 42
Merit: 0
Lol ban from those 2 country will surely not affect bitcoin itself at all,bitcoin easily recovered on price when ban on china is released.Plus the fact that yes the community there is big but not big enough to take bitcoin down if they will stop on using or get banned from using bitcoin.Trust me theres more influencial country that has a huge amount of bitcoin user
Yeah right.. definalty this will not effect the bitcoin price..it may effect on country's market..
newbie
Activity: 11
Merit: 0
Subject: Sell your any Cryptocurrency and Virtual Currency on exclusive rates than market.

Most respectfully,

I am writing you this, to inform you that we Crypto Exchange Ltd a renowned established England Based Cryptocurrency and Virtual Currency exchange. We are peer-to-peer hardware wallet exchange, and now with strength of 15,000 registered users. Our users strength is increasing day by day, so the need of the users also increasing day by day.

As a peer-to-peer cryptocurrencies exchange, we have currently a stock of 5000 Bitcoins, which is the pioneer of cryptocurrency with a global market capitalization of $119 Billions, other than Bitcoin we also deal in Litecoin, DashCoin, Ethereum, GoldCoin, Ripple, NEO, BNB.

We are also accommodating our customers at our level best to convert their PayPal, Perfect Money, Advanced Cash, Payeer, Skrill, Neteller, Bitcoin Cash, PayZa, Fast Cash, into any fiat currency like US Dollars, Euros, Pound Sterling, Swiss Franc, Canadian Dollars, Australian Dollars, Japanese Yen, Chinese Yuan, UAE Dirham, Suadi Riyal, Indian Rupee, Pak Rupee, or to any cryptocurrency we are dealing in.

Due to huge demand from our users we always have shortage and we arrange the required Bitcoin from Blockchain upon order from the user, which costs us and to our users bit expensive due to transaction and transfer fee.

To prevent the shortage we need a daily stock of 10,000 Bitcoins and we decided to buy it from local market on exclusive prices than the current market rate. We are accepting Bitcoin in any quantity, whatever you have, and there is no limit for higher quantity, even if you have 10,000 Bitcoin, we will get all from you immediately.

Our payment window is just 15 minutes, just one confirmation is required after your transfer, and you will be paid immediately as per your preferred receiving option. We can pay your through WesternUnion, MoneyGram for a transaction up to $10,000. For large transactions we use Banking channels regardless from where you are and whoever your bank is, we will payout immediately. We can also helpful if you need to send home remittance to any country, just transfer us the cryptocurrency or any virtual currency you have, your desired recipient will receive the money within no time.

If you have Bitcoin of any amount or any other form of Cryptocurrency or Virtual Currency and want to sell it on good price than market current price then please let us know. We will accommodate you 24/7, round the clock.

Yours affectionately,


Samantha Phillips
Chief Operating Officer (Investors Relations and Business Development)
Crypto Exchange Ltd (Sister Concern)
Bitcoin CashOut Group
MZ08151830, Registered in England
H5 Ash Tree Court, Business Park,
Nottingham, NG8 6PY, UK
[email protected]
newbie
Activity: 42
Merit: 0
just like China and how they haven ever banned bitcoin, India has never banned bitcoin either. it is just the shitty clickbait media that has found something they think is hot and are abusing it by spreading false information and newbies like the starter of this topic read it and believe it because they want to keep their brains intact and unused Wink
Yes it will never be banned in any country.. these are just rumors  and nothing at all..
member
Activity: 286
Merit: 11

The first time I heard of that Amitabh Bachchan is from the movie Slumdog Millionaire lol I didn't know he was a big investor in Bitcoin.
Bitcoin has been banned to countries but eventually allowed it. I don't think a country will ever resist the future of currencies, if they bann today sooner they'd be into it. If they see facebook and google allows it, they'd come to their senses.

People and government may resist it but they won't be able to hold it forever. Crypto is the future, even if you like it or not as it's going to shape the future technology of IOT, crypto is coming at you. And if any government try to ban crypto, they would be replaced with a crypto friendly government.
legendary
Activity: 2282
Merit: 1041

The first time I heard of that Amitabh Bachchan is from the movie Slumdog Millionaire lol I didn't know he was a big investor in Bitcoin.
Bitcoin has been banned to countries but eventually allowed it. I don't think a country will ever resist the future of currencies, if they bann today sooner they'd be into it. If they see facebook and google allows it, they'd come to their senses.
newbie
Activity: 42
Merit: 0
I am sure bitcoin  never banned in any country.. because bitcoin market is increasing day by day.  Now many people are intersted  in bitcoin.. they are not just intersted rather they are also investing in bitcoin..i dnt think so that it may happen.  Well lets  see what will happend..
full member
Activity: 1316
Merit: 126
I don’t think bitcoin will become trash because there are more countries supporting bitcoin and also despite being ban in those 2 countries bitcoin remained strong at $8600, this only means that the ban doesn’t have any effect on bitcoin’s value so it is very impossible for bitcoin to be a trash.
jr. member
Activity: 42
Merit: 2
June 14 or July 14 is the day Indian government will decide the fate of Bitcoin ??   Huh
Currently june 14 and i wondering what decided India government will have whether bitcoin will temporary banned or banned forever which mean there is no chance to bitcoin entering this country again but indeed bitcoin users in this country will mass sold their bitcoin before the government announce new statement and very unfortunately in the middle of uptrend we see bitcoin banned by big country such as India

Can you give me some +merits for my thread. This merits system here is creating lots of problem.
member
Activity: 840
Merit: 10
Bitcoin got banned in India and China so Bitcoin is worthless in these 2 countries. People of India will lose $10,000 or $100,000 if they do not get buyers in other countries at $7000.

But who will buy 1 Bitcoin for $7000 ??  Grin  Insider's Information for Gold and Silver

Bollywood superstar "Amitabh Bachchan" earned multi-million dollars by starting a Bitcoin company.

Bitcoin have a lot experience with bad news and this is not first time. Bitcoin price now back above $8000 and its good sign not affected by this news. Bitcoin price at $8000 still cheap price compare highest price because this is 50% discount and many expert said bitcoin could reach $25k end this year
sr. member
Activity: 1988
Merit: 275
Banning crypto in India and China will not have much effect on the price of Bitcoin because I understand that India for instance has only a little number of crypto owners compared to Western countries. Even if they decide to dump their bitcoin, it won't have much effect in the long run.
Yes. Banning bitcoin with these two countries is not enough to make bitcoin dump again and experience a very low price. There are still big countries around the globe that have legalized bitcoin and has made it into a real currency. So India and China are not really a threat to bitcoin knowing that bitcoin can still perform its task without the involvement of these two countries.

I totally agree with that. They are not our loss but it is their loss for banning the use of bitcoin. Do they really ban the usage of it or some aspects of it only? In actuality, there are still a lot of Indians or Chinese who are into bitcoin. The government can't fully implement their laws because the use of bitcoin and other crypto is not easily tracked down.
Pages:
Jump to: