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Topic: Can Bitcoin be ban? - page 6. (Read 2656 times)

member
Activity: 196
Merit: 10
December 26, 2017, 06:35:48 AM
Can Bitcoin be ban?
no bitcoin is never be banned because there is no reason to ban it and also bitcoin is a powerful currency so everything is fine dont scared because bitcoin is never be die and there is no someone who can killed bitcoin. Bitcoin always stay for us。
full member
Activity: 418
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December 26, 2017, 06:34:13 AM
Can Bitcoin be ban?
What do you mean be ban?  Ban of my country?  Yes maybe it can ban of the country, there are country that bitcoin is ban but you mean ban bitcoin everyone that's is impossible.
full member
Activity: 199
Merit: 100
0xB911101025014BfCaA3B17BC7683C0817489bB28
December 26, 2017, 06:31:40 AM
Lots of govt. were thinking about the banning it but technically it not possible. Now almost all the govt. has realize, there is not benefit to ban the crypto currency.  It is a very good way to get equivalent pay on globally based on their talent. Govt. getting more revenue in the form of tax.Now no one is going to ban it.
sr. member
Activity: 602
Merit: 255
December 26, 2017, 06:27:42 AM
Can Bitcoin be ban?
Sadly yes, in philippines they ban bitcoin in one bank we cant withdraw our funds through that bank call bangko de oro or BDO i dont know why they ban it.
newbie
Activity: 20
Merit: 0
December 26, 2017, 06:24:22 AM
If the Indian Government wanted to ban Bitcoin, or term it illegal, it could have done so long ago. But the way the rapid emergence of Bitcoins and the cryptocurrency market has challenged the fiat currency legacy, it has become a revolutionary phenomena that cannot be ignored. While some countries have started experimenting with it, and supporting it after due diligence and regularization, India has taken a wait and watch approach.

Without taking a clear stand, the Government has taken a diplomatic position where its is advising people to invest in cryptocurrencies at their own risk. It’s best to keep it that way for some time until a clear picture emerges on how the Bitcoin market matures. Yet, if Bitcoin related banking and credit card transactions have been allowed by the Indian Government and RBI, this implies indirect support by the Government without taking ownership of risks involved.

In the long term, everyone knows that the concept of cryptocurrencies is here to stay. Putting a complete ban on it would not make much sense because that would mean a significant loss of opportunity.
full member
Activity: 237
Merit: 100
December 26, 2017, 06:19:16 AM
Can Bitcoin be ban?

Actually it is depend on the country you from or how the country will powerful to ban bitcoin so i hope it will not happen here in our country because most of the bitcoin user can only get financial support here in bitcoin. Most of people most especially the unemployment can get here to support their daily needs. So i think it cant be ban as long as their are so many supporter of bitcoin.
newbie
Activity: 150
Merit: 0
December 26, 2017, 06:09:04 AM
Well, that is a question that can be answered by different country users. Generally i don't think banning btc will produce any positive result. This is because if a ban is put at the initial stage, it will be lifted as times goes on. This plays down to the popularity and prominence the coin has gained over the years
member
Activity: 98
Merit: 10
December 26, 2017, 05:59:53 AM
it is quite impossible to ban bitcoin. as bitcoin is independent and free from third party.again it is a peer to peer network.so if anyone try to ban bitcoin,it will be meaningless to me.so i believe that bitcoin can never be banned.
The thing is that the governments need to understand it the that future belongs to cryptocurrency. There is no doubt that government will ban it, but they wont get successful now, by banning it, they will advertise it for free among the people. China has blocked WhatsApp but people there are still using it with the different solutions, so same will happen to cryptocurrency as well. The best thing will be if governments start legalizing it on international forums.
sr. member
Activity: 364
Merit: 267
December 25, 2017, 08:38:56 PM
it is quite impossible to ban bitcoin. as bitcoin is independent and free from third party.again it is a peer to peer network.so if anyone try to ban bitcoin,it will be meaningless to me.so i believe that bitcoin can never be banned.
Yeah I agree, even though some countries has already banned bitcoin for good they can't stop the whole world from using bitcoin. Banning bitcoin will only result in something not good, a lot of users will go crazy about it. Bitcoin will always be part of the internet which is widely used now a days and it will really be hard to ban it completely.
full member
Activity: 201
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December 25, 2017, 08:33:33 PM
it is quite impossible to ban bitcoin. as bitcoin is independent and free from third party.again it is a peer to peer network.so if anyone try to ban bitcoin,it will be meaningless to me.so i believe that bitcoin can never be banned.
member
Activity: 224
Merit: 11
December 25, 2017, 07:17:34 PM
No, bitcoin can be tried to ban, but technically it's impossible to organize.
It is not possible to control, and therefore punish for using it.
Hence the ban is absolutely meaningless.
Although Bitcoin is not possible to control by government and bank central but the government of all countries can prohibit their people use bitcoin, using bitcoin is considered a criminal and you will be arrested then everybody will stop using bitcoin when bitcoin will be died. I see some countries are performing this like Bangladesh, Nepal, Morocco
newbie
Activity: 351
Merit: 0
December 25, 2017, 06:59:10 PM
Maybe it can be banned, if it is regulated in one country or another but if it will be banned in the whole nation it is impossible because other countries recognizes bitcoin as one of the online digital currnecy.
hero member
Activity: 641
Merit: 505
December 25, 2017, 06:47:08 PM
Can Bitcoin be ban?
Yes, possible. It is a digital currency and it will be an online transaction, so it can be use in illegal transaction to hide their identity. What do you think why some countries banned the bitcoin, for me it is the one reason, it is not helpful to their ecomony instead it is a problem.

Additionally, those countries who have top currency can compete and can dominate by bitcoin, and currency is the one source of income of every country.
sr. member
Activity: 560
Merit: 250
December 25, 2017, 06:09:03 PM
That's right, We've seen some countries that strictly prohibit the existence of Bitcoin and support Bitcoin. Wink
full member
Activity: 364
Merit: 100
December 25, 2017, 06:05:27 PM
Yes bitcoin can be ban or should i say that the government can forbid bitcoins and make it illegal but it is not enough reason to stop bitcoins. Because using bitcoins is unstoppable since the methods of using it is digital so it is hard to trace just incase the government will make it illegal.
hero member
Activity: 3066
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December 25, 2017, 06:00:33 PM
Maybe bitcoin ban in different country. But in whole wide world it is not possible, because bitcoin and altcoin is a digital currency that helps every user to be rich
It's impossible in the whole world? Correction, there are countries in some other part of the whole wide world that are starting to ban bitcoin now. They don't care what others will say as long as they are not enthusiasts with bitcoin and they really don't like it, government has the guts to ban it. It's happening since before the start of bitcoin and now that it's more popular, it will be done.
newbie
Activity: 3
Merit: 0
December 25, 2017, 05:58:15 PM
It's completely impossible to ban bitcoin, on paper you can be but in fact, it's not possible at all, I do not understand this way of doing things, to want to forbid everything by fear instead of 'try to control

I don't think it is impossible, it is more question of why to do so? Use it in your own favour, millions of people investing their money into it...
legendary
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December 25, 2017, 05:10:31 PM
It's completely impossible to ban bitcoin, on paper you can be but in fact, it's not possible at all, I do not understand this way of doing things, to want to forbid everything by fear instead of 'try to control
copper member
Activity: 126
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https://www.freelancercoin.io
December 25, 2017, 05:00:39 PM
Some countries can ban the bitcoin but I don't believe that their people can not find the way to use.
full member
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December 25, 2017, 04:59:52 PM
Yes somehow it can be ban or illegal or distrusted or ignored by people or whole World. Why not?
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