Apparently they're banned in Thailand where I went on holiday, not sure what that entails though?
That turned out to be false, although it was still reported as true by many news outlets.
Topic: Countries banning bitcoins - page 2. (Read 1747 times)
That turned out to be false, although it was still reported as true by many news outlets.
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.
But the chinese gvt. Is not buying btc so don't start misleading people.
If the chinese incoming vendor ban is true, watchout.
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.
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.
Apparently they're banned in Thailand where I went on holiday, not sure what that entails though?
global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
Can that happen, some countries have been salivating at the idea
They can try throttle the beast, but they wont be able to kill or tame this particular one. To ban bitcoin outright you would probably need to ban the web and computers. I'm sure there's ways they could make life a little difficult for us, but 'banning' or even trying to stifle such a thing as Bitcoin will ultimately be futile and will only just push it back underground which is where this animal thrived from in the first place.
Just look at prohibition. Whether they try regulate it or ban it; it wont work, so they're going to have to adapt and deal with it.
Ban Bitcoin would mean not allowing any exchange to work and probably people offering Bitcoin on localbitcoins would risk fines/prison
Banning exchanges will just push the currency underground and people will trade it amongst themselves like they did in the beginning. Fines/prison wont stop people. Drugs and theft are illegal and carry prison sentences, but people still commit the crimes.
I dont think they will, or even could.
I dont think they can, but if so I will just be a "outlaw" and still hold it. I have made some friend in Brazil, and Australia so I can get them to sell it for me if I need.
These chinese gov. has done everything it could, to dethrone the dollar in a few years.
A couple of days ago the chinese gov
announced that they will no longer invest into FX exchanges (dollars, bonds, etc.)
http://www.marketpulse.com/20131120/china-longer-expanding-fx-reserve/
This shouldve made the news and been all over the headlines, yet everything is being pushed along and kept quiet.
The chinese are positioning themselves to pull the plug on the US dollar very soon, and I dont think that the Chinese Gov. Is going to allow Btc to ruin its agenda. I just read the Chinese Vendors will be banned from doing any transaction.with BTC (look it up at google.hk)
The chinese gov. Is buying all the precious metals it can (gold, silver) , and so should you.
A couple of days ago the chinese gov
announced that they will no longer invest into FX exchanges (dollars, bonds, etc.)
http://www.marketpulse.com/20131120/china-longer-expanding-fx-reserve/
This shouldve made the news and been all over the headlines, yet everything is being pushed along and kept quiet.
The chinese are positioning themselves to pull the plug on the US dollar very soon, and I dont think that the Chinese Gov. Is going to allow Btc to ruin its agenda. I just read the Chinese Vendors will be banned from doing any transaction.with BTC (look it up at google.hk)
The chinese gov. Is buying all the precious metals it can (gold, silver) , and so should you.
Can that happen, some countries have been salivating at the idea
They can try throttle the beast, but they wont be able to kill or tame this particular one. To ban bitcoin outright you would probably need to ban the web and computers. I'm sure there's ways they could make life a little difficult for us, but 'banning' or even trying to stifle such a thing as Bitcoin will ultimately be futile and will only just push it back underground which is where this animal thrived from in the first place.
Just look at prohibition. Whether they try regulate it or ban it; it wont work, so they're going to have to adapt and deal with it.
Ban Bitcoin would mean not allowing any exchange to work and probably people offering Bitcoin on localbitcoins would risk fines/prison
global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
Can that happen, some countries have been salivating at the idea
They can try throttle the beast, but they wont be able to kill or tame this particular one. To ban bitcoin outright you would probably need to ban the web and computers. I'm sure there's ways they could make life a little difficult for us, but 'banning' or even trying to stifle such a thing as Bitcoin will ultimately be futile and will only just push it back underground which is where this animal thrived from in the first place.
Just look at prohibition. Whether they try regulate it or ban it; it wont work, so they're going to have to adapt and deal with it.
I highly think this will not happen. It would damage the currency a lot and there's no real benefit for the countries to do this.
Can that happen, some countries have been salivating at the idea
US Senate hearing seemed quite positive to me, I doubt banning is probable now
where did you hear the hearing?
is that even public?
it was live on CSPAN2
I'm sure the video is on youtube by now
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.
But if so, bye bye BTC.
lol - banning something in China only makes it more valuable there.
Ha ha huh, no it doesn't smart guy.
The chinese gov. literally executes people who violate some of there most pety laws. Citizens are really scared to break the law there.
So much you know....
got me there
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.
But if so, bye bye BTC.
I hope its wrong... China has been a major reason for the current rise/bubble!!
Can that happen, some countries have been salivating at the idea
US Senate hearing seemed quite positive to me, I doubt banning is probable now
where did you hear the hearing?
is that even public?
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.
But if so, bye bye BTC.
link?
I can't see how they can be banned, unless Internet access is somehow pulled, though that still doesn't eliminate the issue. Of course you can impose prohibition on businesses accepting bitcoins, possibly? Anyway, here's hoping that this won't happen!
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.
But if so, bye bye BTC.
lol - banning something in China only makes it more valuable there.
Ha ha huh, no it doesn't smart guy.
The chinese gov. literally executes people who violate some of there most pety laws. Citizens are really scared to break the law there.
So much you know....
Bitcoin is the first. Infinite variants are possible. How can you regulate something you cannot define. Any attempt to define it will leave the door open for what is next.
Also, Once Bitcoin and alt coin markets get too large, the people that run the governments will likely all own chunks of crypto, I say 1 trillion is the point of no return. So a government could kill crypto currencies it but not once they gets too large.
Final point is that Bitcoin in no way threatens to remove the dollar or Yen from the planet. The USA will always require tax payment in dollars. You will always need to sell Bitcoin to pay your taxes, that includes sales tax if you are a business owner.
Also, Once Bitcoin and alt coin markets get too large, the people that run the governments will likely all own chunks of crypto, I say 1 trillion is the point of no return. So a government could kill crypto currencies it but not once they gets too large.
Final point is that Bitcoin in no way threatens to remove the dollar or Yen from the planet. The USA will always require tax payment in dollars. You will always need to sell Bitcoin to pay your taxes, that includes sales tax if you are a business owner.
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.
But if so, bye bye BTC.
lol - banning something in China only makes it more valuable there.
Jump to: