Topic: Bitcoin will be junk/trash after ban in 2 big countries - page 5. (Read 1458 times)
The two countries are indeed very large because they have a very large number of users. surely this will have a major impact on the development of bitcoin globally, but I still believe that bitcoin can show its existence well. Bitcoin is very much influenced by how people perceive bitcoin. so as long as we continue to put positive pressure on bitcoin and the development of digital currencies will improve.
I don't think it's already banned in both India and China yet but if that will happen then i don't think it will affect that much because bitcoin will still be used by many in other countries. Also there's a lot of people who will buy and sell bitcoin thru otc, so what ever happen bitcoin will still prevail.
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.
Bitcoin is not banned in China,only the Bitcoin mining which is so basically you’re wrong,and about India does the government put a law against bitcoin?i don’t think it is as the RBI is just implementing some rules regarding crypto and not in bitcoin specifically Quote
Bitcoin is at $8,000 and up so what do you mean by Who’s gonna buy at $7,000?Quote
Bollywood superstar "Amitabh Bachchan" earned multi-million dollars by starting a Bitcoin company.
Maybe China's contribution to bitcoin is big, India hasn't got such a big userbase. Slowly the technology gets developed followed by the adoption of blockchain and usage of cryptocurrencies. Right now also there isn't any legal statement from the government or from the respective ministry. Upon this there isn't anything gonna happen in the short.
The continuity of bitcoin does not depend on the approval of a country,
it will continue to be valuable as long as someone buys it.
There are many countries in the world if you want to buy it.
it will continue to be valuable as long as someone buys it.
There are many countries in the world if you want to buy it.
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.
Bitcoin live on other country with suport by people who believe blockchain technology behind this. there is 2 country only goverment and not affected when people there still believe it. People still hold them fund and not sell it like fomo.
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.
Bitcoin live on other country with suport by people who believe blockchain technology behind this. there is 2 country only goverment and not affected when people there still believe it. People still hold them fund and not sell it like fomo. 
this is bad news. the decision of the Chinese and Indian governments will make BTC's popularity fall. I know that China and India have different reasons when they ban BTC. but i believe. Crypto users will have many ways to make BTC legal. maybe demonstrations can make the Indian government change their decisions.
I think it will make bitcoin even more popular. Like when you tell a child not to touch something they almost bound to touch it. In fact, if you ask a child not to touch something consider it broken. Making things illegal has never slowed down its supply but it sure has increased its value since there is a risk factor involved. Even if they make mining illegal, you will still find illegal mining operations and currencies. You may even see a rise to Indian and Chinese made currencies to stand in resistance.
this is bad news. the decision of the Chinese and Indian governments will make BTC's popularity fall. I know that China and India have different reasons when they ban BTC. but i believe. Crypto users will have many ways to make BTC legal. maybe demonstrations can make the Indian government change their decisions.
I think it will make bitcoin even more popular. Like when you tell a child not to touch something they almost bound to touch it. In fact, if you ask a child not to touch something consider it broken. Making things illegal has never slowed down its supply but it sure has increased its value since there is a risk factor involved. Even if they make mining illegal, you will still find illegal mining operations and currencies. You may even see a rise to Indian and Chinese made currencies to stand in resistance.
we should know china is one of the biggest bitcoin community holder before the government decide to ban bitcoin or crypto in general.
From the start there was big effect to the whole bitcoin community but until now bitcoin is standing as strong crypto currency. So as of now didn't consider india totally ban is now under the law maker decision.
From the start there was big effect to the whole bitcoin community but until now bitcoin is standing as strong crypto currency. So as of now didn't consider india totally ban is now under the law maker decision.
this is bad news. the decision of the Chinese and Indian governments will make BTC's popularity fall. I know that China and India have different reasons when they ban BTC. but i believe. Crypto users will have many ways to make BTC legal. maybe demonstrations can make the Indian government change their decisions.
Erm, the Chinese dislike of BTC is approaching five years old. Their shutdown of centralised exchanges took place two and half years ago. Funnily enough Bitcoin set off towards $20,000 almost as soon as that happened.
Countries like this could be leading. Instead they'll be forced to eventually concede. In some ways that's more bullish.
this is bad news. the decision of the Chinese and Indian governments will make BTC's popularity fall. I know that China and India have different reasons when they ban BTC. but i believe. Crypto users will have many ways to make BTC legal. maybe demonstrations can make the Indian government change their decisions.
Not all countries have banned bitcoin even though there are two countries that ban bitcoin and in this world there are not only two countries but there are many other big countries, and what I see is that the state cannot legalize bitcoin but can still use it like in my country of residence .
Bitcoin can benefit everyone who can help their economy and whatever it is, so if in their country there is a ban on using bitcoin in my opinion they will certainly continue to use it in any way.
Bitcoin can benefit everyone who can help their economy and whatever it is, so if in their country there is a ban on using bitcoin in my opinion they will certainly continue to use it in any way.
China's forced reduction of crypto usability has been nothing but a positive. China brought nothing to the table other than piece of shit exchanges that fucked the price for years and mining centralisation.
As for India, who cares? They never got warmed up.
Both countries will find it seeping in through channels they can't control. In the meantime the more sensible parts of the world will carry on building.
As for India, who cares? They never got warmed up.
Both countries will find it seeping in through channels they can't control. In the meantime the more sensible parts of the world will carry on building.
I don't know where did you get that Ban of Btc in China?I haven't heard out such news.They might blocked ICO
but not totally talking about banning BTC even if they do then doesn't mean that btc will become junk/trash after that.
Come to think on how big is the community that do supports BTC itself.
but not totally talking about banning BTC even if they do then doesn't mean that btc will become junk/trash after that.
Come to think on how big is the community that do supports BTC itself.
Bitcoin being banned in these two countries does not mean it is going to die buddy 
We have so many countries in which Bitcoin has gone mainstream although it is not accepted there by the government. The country and its SEC can ban cryptocurrencies but the hard truth is they will still be using it for other purposes. In addition, BTC has taken roots in this world so I think the word ban is too small for our mother coin. Yeah!!!!!!
We have so many countries in which Bitcoin has gone mainstream although it is not accepted there by the government. The country and its SEC can ban cryptocurrencies but the hard truth is they will still be using it for other purposes. In addition, BTC has taken roots in this world so I think the word ban is too small for our mother coin. Yeah!!!!!!
The point is that they can't ban btc. China was trying lol. Still there re a lot of guys from China in crypto.
hence you assumption that it will be worthless is just a joke.
Indeed, It could be even that its worth more because it is banned there. They can make the use of crypto harder but it can always be used. 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.
If i own a Rolls Royce and if it is banned in countries like India and China that does not mean that i will not get a good valuation outside those region, when it comes to bitcoin the main difference is that bitcoin is a not a material object but that can be traded world wide without any restrictions and hence your assumption that it will be worthless is just a joke, these countries might be ruling by stupid people who does not understand how technology works but that does not mean that it will be like that for the rest of the world and people dealing with bitcoin will trade outside their restrictions and there is nothing they can do about it.
I'm sure they can sell well above that price and the price is sure going to increase even further in a few months from now and probably that will stop them from loosing
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