Can we all please accept.. - page 19.

Cinemo

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Quote from: Crypto Piece on February 01, 2018, 07:11:01 AM

Accept the fact that most of governments will oppose crypto currency. Obviously there are some countries who have decided to embrace the future, but let's face it, most of governments will stand against. Who likes their currency to be weaken? Every time a stupid country opposes bitcoin, there is so much fud and a great price drop.

China bans mining

South Korea will not ban crypto but obviously does not welcome it

India banning crypto

I fully expected this resistance from governments.

Don't be surprised if more countries come out against bitcoin

Yeah dont be surprised because we all have different beliefs and persfective in lives. We should accept that we cannot please everybody because we are only mortals. We dont have superpowers to control their moves but that is the thrill. Let them be discover by themselves how bitcoin can change ones life.

madwica

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The first reason why government against in crypto currency was government cant control the digital currency they cant create policy on that. Crypto currency is the earning method of many people that can escape or avoid taxes and also now here in my country many people crypto currency to send their money to each other instead of bank transaction which very usable when bitcoin is not yet created.

digaran

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🖤😏

Quote from: layoutph on February 01, 2018, 09:01:13 AM

Let me tell you this, government loves crypto currency. They are scambags whales hiding as bitcoin haters. They cast fears, fake ico ban news. They love to see bitcoin crash so they can buy more from the dip.

They have regulated all the major exchanges, they don't really need to ban crypto currency, what they are banning is ICO, regulating them is hard because you could invest without involving fiat, do you think that real developers are behind these ICOs? they are from some of the sanctioned countries trying to collect money. a country would launch an ICO and another one would invest with Bitcoin, but there is no investing, they are just paying their debts, any country would do this if they are under embargoes.

Ranly123

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★777Coin.com★ Fun BTC Casino!

Quote from: Crypto Piece on February 01, 2018, 07:11:01 AM

Accept the fact that most of governments will oppose crypto currency. Obviously there are some countries who have decided to embrace the future, but let's face it, most of governments will stand against. Who likes their currency to be weaken? Every time a stupid country opposes bitcoin, there is so much fud and a great price drop.

China bans mining

South Korea will not ban crypto but obviously does not welcome it

India banning crypto

I fully expected this resistance from governments.

Don't be surprised if more countries come out against bitcoin

I have expecting a resistance from the government to accept cryptocurrency because it can destroy the balance between poor and rich people. With cryptocurrency, everyone has a chance to level up with the rich people and the government cannot accept that in their nation. So banning or neutralizing cryptocurrency is the best way for them to take control over the less fortunate people.

jaylhynne018

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Quote from: Crypto Piece on February 01, 2018, 07:11:01 AM

Accept the fact that most of governments will oppose crypto currency. Obviously there are some countries who have decided to embrace the future, but let's face it, most of governments will stand against. Who likes their currency to be weaken? Every time a stupid country opposes bitcoin, there is so much fud and a great price drop.

China bans mining

South Korea will not ban crypto but obviously does not welcome it

India banning crypto

I fully expected this resistance from governments.

Don't be surprised if more countries come out against bitcoin

i think that was true but we all knows that government is have the law for their country and they only want is to control there people and there own management.

hashshashin

sr. member

Activity: 728

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Look ARROUND!

Indeed, there is nothing surprising in this, because there are countries that, on the contrary, welcome crypto-currencies, bitcoin and new technologies are related to this. This does not need to pay much attention to these news, the market of crypto currency is not very active, not only because of this.

paolo099

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well well, i think regulation can be a good and a bad thing for crypto because, regulating something means somebody have control over it.
Taxing and regulating is the way to put some control on something they don't have yet, i do agree with the OP but this was something everyone's knew already, now it's just getting under everyone's attention and this isn't a good thing in short term, we will see what could happen in the next couple of months/year.

moamin77

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JACS.tech

I do! and I believe we all do as we're all aware of that
The majority of governments want to control everything happening inside their domain (people, finance, currency, situation...) but there are other 'Open-Minded' countries that can see Crypto as the real future enabler (not promoting anyone but Estonia as a clear example)

layoutph

sr. member

Activity: 1372

Merit: 255

Let me tell you this, government loves crypto currency. They are scambags whales hiding as bitcoin haters. They cast fears, fake ico ban news. They love to see bitcoin crash so they can buy more from the dip.

Quote from: Crypto Piece on February 01, 2018, 07:11:01 AM

Accept the fact that most of governments will oppose crypto currency. Obviously there are some countries who have decided to embrace the future, but let's face it, most of governments will stand against. Who likes their currency to be weaken? Every time a stupid country opposes bitcoin, there is so much fud and a great price drop.

China bans mining

South Korea will not ban crypto but obviously does not welcome it

India banning crypto

I fully expected this resistance from governments.

Don't be surprised if more countries come out against bitcoin

carter34

member

Activity: 1302

Merit: 25

Quote from: Crypto Piece on February 01, 2018, 07:11:01 AM

Accept the fact that most of governments will oppose crypto currency. Obviously there are some countries who have decided to embrace the future, but let's face it, most of governments will stand against. Who likes their currency to be weaken? Every time a stupid country opposes bitcoin, there is so much fud and a great price drop.

China bans mining

South Korea will not ban crypto but obviously does not welcome it

India banning crypto

I fully expected this resistance from governments.

Don't be surprised if more countries come out against bitcoin

All these you have said fall under fundamentals . The news come positive and negative , thus shaping the market be it cryptocurrency, forex or stocks - so they are quite normal.

We have to understand that digital currency belongs to the growth in technology which blockchain is a product of.

Technology has come to stay and likewise its offshoots. Except we are also not certain that technology is now here with us.

BitcoinHodler

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HODLing is an art, not just a word...

Quote from: LeGaulois on February 01, 2018, 07:43:33 AM

Most of the governments? Excuse me but so far we see only a few countries (maybe 3-4 or 5) thinking not to ban cryptocurrencies but to regulate.
China has stopped ICO and not Bitcoin: yes and I think it's good, honestly, most ICOs are crappy. So in the end, it helps cryptocurrencies to not get the cryptos tarnished by a bad reputation

it doesn't have to be full on banning bitcoin. standing against bitcoin can simply be a set of very hard regulation rules, huge taxes, lots of registration and document submissions,... practically making it harder and harder to get involved with cryptocurrencies and mostly the businesses will take the hit. but they simply relocate to a crypto friendly country as it has happened before.

josegr4ham

member

Activity: 280

Merit: 10

They want to control people and to track their money...but this can not happen for long. Soon we all are going to the direction when bitcoin comes legal everywhere

xeospe

newbie

Activity: 42

Merit: 0

People always saying they hates banks and their governements, that they don't trust them. But when we have a new way to change our world economy, people listen to medias and hates also the solution.

I believe most humans are just too stupids or too affraid to not be a sheep

CryptoBeefy

full member

Activity: 378

Merit: 100

Nothing to accept here, I think we all knew that already. The government see the money involved and they want their cut, they also want control, its the 2 things they hate the most not having.

bug.lady

member

Activity: 196

Merit: 23

Large scale, green crypto mining ICO

There are three types of reactions I am seeing around: some governments don't exactly know how to approach crypto so they ban it initially and that gives them time to figure out what to do next, some others (while they don't know what to do, too) just refrain themselves to warn people that bitcoin is not backed up officially and it highly speculative and the rest of this regular blah blah.

But there is also a third type of reaction, which is the most mature, this is to try to embrace bitcoin and try to regulate it (read: try to tax it and get most of it).

I will be expecting that with time more and more governments mature regarding bitcoin and will do that last (third) thing, they will try to tax it.

kiver

full member

Activity: 210

Merit: 100

Very dumb what they doing instead of benefiting from a great technology that have a Good use for humenity, no they afraid of it and they start having a war aganist bitcoin
Trying to protect their old and rusty financial system but what ever they do Now bitcoin still make its mark in history and it wont be forgotten and who knows there still a lot of people behind crypto currencies and this bank wont affect anything...

Cgrbb

member

Activity: 96

Merit: 10

Quote from: dragonballz999 on February 01, 2018, 07:46:28 AM

im sorry to say this as someone who owns many altcoins and crypto including bitcoin, BITCOIN IS dead.

unfortunately you didnt understand the subject junior.
bitcoin is turned to a peoples organization now.
and nothing can resist to peoples choices. its just begining.

Antonas1

sr. member

Activity: 771

Merit: 293

New people who do not understand about cryptocurrency and hope to get rich instantly has been panic, they think this news is a disaster and death for bitcoin. Some of them just read the headline and do not read the news content. Most of these people assume the fall of bitcoin prices today is due to the prohibition of bitcoin in some countries, whereas this is just a big correction of the bitcoin price increase. But this is better for the buyer, we will get a cheaper price and get more bitcoin.
Your panic is our profit Wink

CHENG90

newbie

Activity: 66

Merit: 0

I think most governments oppose Crypto initially due to the scale of the change that it will bring, nobody likes change especially when the control is taken from them! I think that all of us in this forum and anyone involved in Crypto agree that it is the future (in 2,5,10 or 15 years we will be saying 'remember that FIAT money bullsh*t'). I hope that the UK is one of the first to begin accepting Crypto as something that's not going to go away and the sooner they welcome it the better chance they have to benefit themselves from the growth as others take on the challenge.

I also think that the bans, sanctions and regulations that try to be put in place against Crypto are more of a knee-jerk reaction to power being taken from them and a temporary action to try buy time. Governments only want control, if something is out of their control then it must be stopped (in their narrow minded heads). So we can expect that it's going to happen, all we can do as Investors/Hodlers/Traders/Enthusiasts is ride the storm and wait for the sunshine Cheesy

dragonballz999

newbie

Activity: 41

Merit: 0

im sorry to say this as someone who owns many altcoins and crypto including bitcoin, BITCOIN IS dead.

Topic: Can we all please accept.. - page 19. (Read 2151 times)