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Topic: Countries banning bitcoins (Read 1747 times)

hero member
Activity: 722
Merit: 500
November 29, 2013, 04:23:46 AM
#44
Big brother don't like bitcoins,get ready for the attacks
If they go after the server providers,could get messy
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
November 29, 2013, 04:22:28 AM
#43
Countries that want to ban are doing so cuz they cant control COINS.

What will happen if they do?

Then they can make btc worth 1$? or less  Undecided

Most of countries that are willing to ban are from Asia cuz they buying them most


newbie
Activity: 27
Merit: 0
November 29, 2013, 04:16:52 AM
#42
they'd have to ban the internet
impossible
legendary
Activity: 3318
Merit: 4606
diamond-handed zealot
November 29, 2013, 03:48:14 AM
#41
systemD

FTW

deal with it bitchez
sr. member
Activity: 658
Merit: 250
November 28, 2013, 06:33:32 AM
#40
Now if any country want to ban bitcoin then he must ban INTERNET then its possible to ban this bitcoin otherwise its a not good idea
Banning and enforcing the ban are two different things, in my opinion enforcement is impossible, enforcement is ineffective in most cases for contraband goods. The few that will be caught using bitcoins will be given pointless prison sentences and it will be all business as usual.
sr. member
Activity: 420
Merit: 250
★☆★777Coin★☆★
November 28, 2013, 06:26:52 AM
#39
Now if any country want to ban bitcoin then he must ban INTERNET then its possible to ban this bitcoin otherwise its a not good idea
legendary
Activity: 882
Merit: 1000
November 28, 2013, 05:40:43 AM
#38
In China, bitcoin is a digital commodity, not a legal currency, so it apparently cannot be used as input by vendors legally (otherwise a lot of accounting and taxing issues). It's not allowed in the first place, not banning. People can, however, buy and sell BTC as they wish on the exchanges without any problem. This was confirmed by the government officer in public. I believe Bitpay like services will emerge in China soon. That is people pay with bitcoin, but the vendors get the fiat.

Don't worry about the demand of Chinese people will decrease because of this. Most of Chinese people buy bitcoin for investment or speculation, and I think only a tiny part of them may consider using BTC as real currency. As long as there're no other reliable investment options in China (the stock market there stays at the bottom for many years), the BTC price will increase just as the property price there.
newbie
Activity: 4
Merit: 0
November 28, 2013, 05:28:44 AM
#37
Thailand banning bitcoins maybe,  Bank of Thailand is liaising with Thailand’s Ministry of Information and Communication Technology, Ministry of Finance, and Securities and Exchange Commission Thailand before making a final decision.
global moderator
Activity: 3990
Merit: 2713
Join the world-leading crypto sportsbook NOW!
November 28, 2013, 05:24:15 AM
#36
dam countries banning BTC

hope it wont happen

Quote
  LOVE THIS

Oh god, sanding the dead skin off your foot with a drill arghh  Huh.
newbie
Activity: 7
Merit: 0
November 28, 2013, 04:49:32 AM
#35
usa maybe
member
Activity: 115
Merit: 10
November 28, 2013, 04:45:13 AM
#34
banning is highly unlikely by most governments, but i wouldn't be surprised if there were 1 or 2 countries that did it.

there's one thing you can be certain about though: government wants its cut, and it will make sure that you pay it.

I agree in order for it to become mainstream it will need government help... Then a transaction fee will go straight the the Government.  At the moment it is still too small to make them tax it, but as soon as it breaches a certain threshold, which I am sure has been laid out by someone they will get involved

Not possible, there are hundred Governments over the world, who you would pay the Block fees to ?  Smiley
Tax is payed from income by every person. Report and pay it properly  Wink
full member
Activity: 476
Merit: 100
November 28, 2013, 04:23:21 AM
#33
banning is highly unlikely by most governments, but i wouldn't be surprised if there were 1 or 2 countries that did it.

there's one thing you can be certain about though: government wants its cut, and it will make sure that you pay it.

I agree in order for it to become mainstream it will need government help... Then a transaction fee will go straight the the Government.  At the moment it is still too small to make them tax it, but as soon as it breaches a certain threshold, which I am sure has been laid out by someone they will get involved
sr. member
Activity: 434
Merit: 250
November 28, 2013, 01:38:19 AM
#32
banning is highly unlikely by most governments, but i wouldn't be surprised if there were 1 or 2 countries that did it.

there's one thing you can be certain about though: government wants its cut, and it will make sure that you pay it.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
November 28, 2013, 01:36:30 AM
#31
dam countries banning BTC

hope it wont happen

Quote
  LOVE THIS
legendary
Activity: 1092
Merit: 1000
nahtnam.com
November 27, 2013, 07:36:34 PM
#30
Some people expect Russia to start banning Bitcoins after the last Internet censorship laws being passed.

In Russia Bitcoins own you.

OMG. This made me watch: https://www.youtube.com/watch?v=8EiJHmHPVig.
full member
Activity: 161
Merit: 100
November 27, 2013, 07:34:54 PM
#29
Some people expect Russia to start banning Bitcoins after the last Internet censorship laws being passed.

Would be interesting what would happen with BTC-E
global moderator
Activity: 3990
Merit: 2713
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November 27, 2013, 07:31:16 PM
#28
Some people expect Russia to start banning Bitcoins after the last Internet censorship laws being passed.

In Russia Bitcoins own you.
newbie
Activity: 2
Merit: 0
November 27, 2013, 07:29:04 PM
#27
Some people expect Russia to start banning Bitcoins after the last Internet censorship laws being passed.
global moderator
Activity: 3990
Merit: 2713
Join the world-leading crypto sportsbook NOW!
November 27, 2013, 06:56:07 PM
#26
I read a few minutes ago that In China, there is BTC BAN for all Chinese Vendors comming soon. Dont know how reliable the story is, look into.

But if so, bye bye BTC.

Really? I thought the China government were also buying.
Also, there is this one badass miner in China who mines like 50 BTC a day lol...
I heard that they also banned them in Thailand.

Didn't they just not grant Thai exchanges licences to exchange it or something, not ban it per se?
hero member
Activity: 546
Merit: 500
November 27, 2013, 06:55:57 PM
#25
The chinese citizens are buying btc, yes.

But the chinese gvt. Is not buying btc so don't start misleading people.

If the chinese incoming vendor ban is true, watchout.


I doubt the exchanges in China could start to operate without some goverment authorization
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