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Topic: Can Bitcoin be ban? - page 15. (Read 2643 times)

full member
Activity: 714
Merit: 104
December 18, 2017, 05:04:07 AM
Ban ? Some countries dont know about bitcoin existence )))
Of cource all countries try to regulate bitcoins in thier benefit, this better than simple ban
newbie
Activity: 3
Merit: 0
December 18, 2017, 05:00:50 AM
For legal its possible .but in illegal thing it impossible people will always find out to buy and sell bitcoin
member
Activity: 418
Merit: 10
"simply getting the job done"
December 17, 2017, 10:39:50 PM
indeed some countries have already banned it. but I think this is a very stupid act, bitcoin is actually beneficial for the country especially in the tax sector.
full member
Activity: 504
Merit: 102
December 16, 2017, 09:31:55 PM
Corrupt Governments tend to ban Bitcoin and other Cryptos since they can't be regulated which means they can't gain anything out of them.


Absolutely the government can banned bitcoin anytime if they strickly prohibited any kinds of bitcoin-related activities like exchanging against fiat currencies and any legal issues it may trespassed.
newbie
Activity: 61
Merit: 0
December 16, 2017, 08:34:18 PM
Corrupt Governments tend to ban Bitcoin and other Cryptos since they can't be regulated which means they can't gain anything out of them.
sr. member
Activity: 409
Merit: 250
December 16, 2017, 08:32:49 PM
Yeah, it can be possible at any time. Because some countries are banned bitcoin for their policies and more than that it is untraceable so this can be used for crime or other illegal activities.

As far as it cannot be happen right now it will be take long time. The reason for that comparing to initial stage of crypto there are few members only was used it. But now, in my assumption maximum 70 percent of people may using this currency so i guess it may take some long period.
member
Activity: 140
Merit: 10
BookiePro.Fun - The World's Betting Exchange
December 16, 2017, 07:53:10 PM
Can Bitcoin be ban?

it's a possibility that bitcoin will be banned because of it's competitors losing money. when they lose money some will try to make a hole/trap for us. but hypothetically speaking bitcoin cannot be banned in the whole world we could be banned in a country or two or three but not the whole world would ban us.
full member
Activity: 308
Merit: 100
December 16, 2017, 07:51:59 PM
It can be banned but there is not a reason to ban it because if a country bans it the other country allows it by creating a gap in competition among them thus the other one should allow after a time.
sr. member
Activity: 283
Merit: 250
Best IoT Platform Based on Blockchain
December 16, 2017, 07:51:23 PM
Yes it can be banned. You can see that some governments already banned it in their country.. It’s a bit weird, governments don’t want to understand what bitcoin is or what blockchain is..
full member
Activity: 139
Merit: 100
December 16, 2017, 07:51:14 PM
I don't think you can ban bitcoin that easily because currently there is no law to stop someone from buying a digital stuff and bitcoins comes in that category but maybe in future, there will be a law (not sure).
Even if the bitcoin is banned you can easily access your wallet using a VPN.

I think they wouldn't create laws to ban bitcoin. They can make more strict regulations at most, if you ask me. And this follows little problems in bitcoin. China made regulations about bitcoin if I'm not wrong.
member
Activity: 336
Merit: 10
December 16, 2017, 07:48:39 PM
Hopefully bitcoin will not be ban. Although, there are some countries banned bitcoin like China, Bangladesh, Bolivia, Ecuador, Iceland and etc. But I believe bitcoin will not be ban in other countries because it is very popular digital currency now a days.
full member
Activity: 182
Merit: 100
December 16, 2017, 07:44:46 PM
which can prohibit the use of bitcoin is the government so if the government feels that bitcoin is more used by its users in doing criminal transactions than to encourage people's economy then I think bitcoin will be banned, hopefully bitcoin users can work together to keep the good name of bitcoin and improvement of people's economy so bitcoin will have a positive impact on society and bitcoin will be legalized by the government.
asu
legendary
Activity: 1302
Merit: 1136
December 16, 2017, 07:06:21 PM
Theres a possible way that bitcoin can be banned. Many people abused about bitcoin. We have so much ways so that it cant be banned  . Bitcoin will be the future. Many people invest in bitcoin. As you can see bitcoin is the fastest and growing  . I Cant see any reason why is bitcoin can be banned in the future
full member
Activity: 217
Merit: 100
December 16, 2017, 06:58:34 PM
Can Bitcoin be ban?
entirely possible. At present, some btc countries have issued bans. But it is hard to ban btc all over the world. btc works through algorithms on the internet so to ban btc unless there is no internet.
member
Activity: 74
Merit: 10
Patience is virtue
December 16, 2017, 06:49:53 PM
Yes, I think it can be, because Bitcoin in other countries is already banned by the government. But in all over the world it is hard to think that Bitcoin can be banned because it is also legal in other countries and it is very helpful to their economy. Bitcoin will never stop.
full member
Activity: 280
Merit: 100
December 16, 2017, 06:48:18 PM
Can Bitcoin be ban?

Why do you say Bitcoin might get banned? According to my knowledge of cryptocurrency, BTC is not dependent on any currency so the ban is ban without any basis. BTC cannot be controlled by any individual or organization, while there is still a need for BTC transactions, BTC will still be implemented in transactions. I think that Bitcoin will be banned, I think this can not happen, only if the exchange rate of the BTC reduced the BTC is no longer worth anymore.  Grin
full member
Activity: 630
Merit: 102
December 16, 2017, 06:47:03 PM
bitcoin can be banned by many countries, but people who love bitcoin always find the best way, to get what is their goal of bitcoin, I think there is nothing to ban bitcoin around the World. because bitcoin is well known in various countries, so the government it would be hard to stop bitcoin.
sr. member
Activity: 364
Merit: 256
December 16, 2017, 06:35:29 PM
Can Bitcoin be ban?

No, They cannot ban bitcoin because bitcoin is a decentralized system that no one can control. Maybe some country can ban all the sites where we can get bitcoin. The difference with this is when can bitcoin be ban? you're referring to bitcoin itself but when we say can they ban all the sites where we can earn bitcoin? That's possible because it was already happened in China.
newbie
Activity: 15
Merit: 0
December 16, 2017, 06:29:20 PM
Bitcoin is anti fragile and cant be controlled by the government. It is meant to give us financial freedom!
full member
Activity: 504
Merit: 102
December 16, 2017, 06:28:42 PM
Some countries have already banned the bitcoin. But even so, it can not prevent the growth of the bitcoin industry because many countries still make it legal compared to other countries that it is illegal or banned from them.


For me its not easy to ban bitcoin because of people investing bitcoin and many people using bitcoin because of easy transaction and safety if the bitcoin will gone im sure people can find another way to continue to investing and using bitcoin its very hard to ban it because people can approvest in bitcoin.



Absolutely the government can banned bitcoin anytime if they strickly prohibited any kinds of bitcoin-related activities like exchanging against fiat currencies and any legal issues it may trespassed.
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