Dealing with cryptocurrency (in my country) isn't easy as I thought - page 2.

RealMalatesta

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Quote from: DabsPoorVersion on November 03, 2019, 11:25:05 PM

Quote from: Immakillya on November 03, 2019, 04:58:05 PM

Use VPN. Some users here are experiencing that problem also. So try using vpn to bypass the blocking. If your country prohibits visiting cryptocurrency related site, then cryptocurrency is more like banned in your country. Is cryptocurrency there is banned? Very sad for you. Don't use ordinary VPN because they can easily traced by ISP and you'll end up suffer with the consequences.

Using VPN can solve the problem of being able to use the crypto-related website including this forum, but this cannot solve the problem that he might face in the near future. His earnings might not be able to withdraw due to the circumstances, banks may freeze his account nor able to withdraw it in any kind of service if the country prohibits the use of cryptocurrency.

If their government is not supporting cryptocurrency yet, there is no point forcing himself to use it, he can just wait a little bit and patient till he overcomes it because I still believe that majority of the countries as time goes on will begin to accept the use of cryptocurrency including his country, but if he is to use it for trading, I think there are still many ways he can go round this, and the best way is to use PayPal.

Although PayPal is not linked to cryptocurrency yet, but if he has a friend in a country that can create a PayPal account for him, he can be sending his coin to a local exchange that can send money to PayPal in another country, and form that country they can transfer money to his own PayPal account, tagging it as business money, which he can then change to his own money and I think with that, banks would not be able to see any trace of crypto money in it with the vpn he will be using.

tambok

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Quote from: hahahafr on November 06, 2019, 08:49:52 AM

Some countries really frown upon the use and advertisement about cryptocurrencies. if your country is of such negative views about the use of cryptocurrencies i would suggest you stay low on the exposure and wait for tempers to calm down before going all about making cryptocurrencies and blockchain technology all known. Remember, your safety is important first.

Sometimes, watching television won't help enough as they are just covering negative side of a certain story, they are just picking up the stories that could catch the attention of people for them to watch you, but, it is not really helping a lot, so for me, better do your own research rather than relying with how people react on it, or how they criticize crypto, as negative people won't see the positive side if they are closed minded.

hahahafr

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Some countries really frown upon the use and advertisement about cryptocurrencies. if your country is of such negative views about the use of cryptocurrencies i would suggest you stay low on the exposure and wait for tempers to calm down before going all about making cryptocurrencies and blockchain technology all known. Remember, your safety is important first.

Zeke_23

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Quote from: imstillthebest on November 06, 2019, 01:58:34 AM

Quote from: Memminger on November 06, 2019, 01:42:30 AM

I guess I’m lucky to live in a country where a company which offers multiple services aside from storing a couple of cryptocurrencies,

i know what your talking about . if im not wrong you are refering to a crypto wallet that has a bunch of feature ? i do also have that wallet and i love using but that kind of wallet arent only available on specific countries but also available on other countries but with different name and design i guess .

dealing with crypto is not really that easy but as long as you are passionate about your craft , you can survive those hard ships and enjoy what you desire at the end .

Do you mean a private company that offers financial service?
If so, yes it is also available in some countries which is not prohibited the use of cryptocurrency. It is a common application that many crypto users or a group of people wanted to create a hassle-free service that will contribute to the use of crypto in their country.

It will be a long journey to survive to deal with the government that prohibits the use of crypto, it will be hard, but it will be worth it in the end.

hahahafr

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Some countries really frown upon the use and advertisement about cryptocurrencies. if your country is of such negative views about the use of cryptocurrencies i would suggest you stay low on the exposure and wait for tempers to calm down before going all about making cryptocurrencies and blockchain technology all known. Remember, your safety is important first.

imstillthebest

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Quote from: Memminger on November 06, 2019, 01:42:30 AM

I guess I’m lucky to live in a country where a company which offers multiple services aside from storing a couple of cryptocurrencies,

i know what your talking about . if im not wrong you are refering to a crypto wallet that has a bunch of feature ? i do also have that wallet and i love using but that kind of wallet arent only available on specific countries but also available on other countries but with different name and design i guess .

dealing with crypto is not really that easy but as long as you are passionate about your craft , you can survive those hard ships and enjoy what you desire at the end .

Memminger

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I guess I’m lucky to live in a country where a company which offers multiple services aside from storing a couple of cryptocurrencies, you can buy load and even pay your bills using cryptocurrencies or fiat through their app. Also you can withdraw your crypto assets hy converting it to fiat then withdraw it in the bank. Also the company is registered in our central bank.

So it is kind of surprising for me to have heard about your unfortunate circumstances that you’re facing in your respective country.

GideonGono

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Quote from: Asmonist on November 05, 2019, 05:15:44 PM

That's too bad for Turkish. If that is the case, then maybe they have other internet provider. If the same situation again, then it maybe controlled by the government. When all there internet providers are restricted or is not supportive of cryptocurrencies that is a big lost for them. Cryptocurrency activities need internet connection. It will be a big income for them if they do. If that person is very willing to relocate in another country where he can do crypto then he must do it.

So it does mean that some country who want to ban bitcoin have an idea on how they can block or stop the user to use crypto if the government want to stop it.

Meaning that you cannot use bitcoin or other crypto if you don't have money? Because in his case if he want to pursue the bitcoin he need to go through another country for him to use it then how about the future crypto in their country if that will happen?

Asmonist

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That's too bad for Turkish. If that is the case, then maybe they have other internet provider. If the same situation again, then it maybe controlled by the government. When all there internet providers are restricted or is not supportive of cryptocurrencies that is a big lost for them. Cryptocurrency activities need internet connection. It will be a big income for them if they do. If that person is very willing to relocate in another country where he can do crypto then he must do it.

Mike Mayor

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I want to have some bitcoin shirts too. xD

Where do you live? Why couldn't you tell us that? What is wrong with your country? They act like you planning a hostile takeover and overthrow the government. Maybe you should. I am so glad I don't live in a country like that. Clearly they don't care for your freedom a single bit. What a bunch of thugs.

It is actually !@#$ing stupid AF. So you cannot earn bitcoin and convert to fiat which is, in turn, brings money into the country? >.< LOL!!!!
Especially since it is foreign money and you not talking up a job space in your country. I don't know where you live but I think it is time to leave.

DabsPoorVersion

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Quote from: Immakillya on November 03, 2019, 04:58:05 PM

Use VPN. Some users here are experiencing that problem also. So try using vpn to bypass the blocking. If your country prohibits visiting cryptocurrency related site, then cryptocurrency is more like banned in your country. Is cryptocurrency there is banned? Very sad for you. Don't use ordinary VPN because they can easily traced by ISP and you'll end up suffer with the consequences.

Using VPN can solve the problem of being able to use the crypto-related website including this forum, but this cannot solve the problem that he might face in the near future. His earnings might not be able to withdraw due to the circumstances, banks may freeze his account nor able to withdraw it in any kind of service if the country prohibits the use of cryptocurrency.

Edraket31

hero member

Activity: 1190

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Good thing that here in our country, it is not that difficult now compare when I started here, wherein banks is questioning me where do I get my income when I haven't declared that I do have any type of business, when I told them that I do earn from freelance, they are asking for proof then I provided them, it took few hours to convince them.

But now, banks are very open now for this, they are not questioning anymore and they already know what Bitcoin and cryptocurrency is. For those who are having a difficulty, it's fine, time will come that your country will adopt it.

superman25

newbie

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In some countries it is much more difficult than in others because there are too many restrictions and the consequences can be very negative, in this case I advise you to make investments with long-term views or look for strategies to put certain legal layers and obtain benefits by conventional means, leads Some work, but it can be done.

gundala

full member

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Regarding internet access restrictions for some sites, you can find solutions by searching the internet. Many easy tutorials, one of them using VPN. One important thing, we must study this cryptocurrency ecosystem properly, including the legality and rules that apply in our respective countries. This is for the sake of convenience in devising strategies so that we can take advantage of cryptocurrency well.

Immakillya

sr. member

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Use VPN. Some users here are experiencing that problem also. So try using vpn to bypass the blocking. If your country prohibits visiting cryptocurrency related site, then cryptocurrency is more like banned in your country. Is cryptocurrency there is banned? Very sad for you. Don't use ordinary VPN because they can easily traced by ISP and you'll end up suffer with the consequences.

Doell

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surprised that your bank account is locked because of crypto ,it doesn't make sense that the bank should be profitable because your account tax and funds should still be at there ,it's a proof of fraud if there are no official regulations from your country's government and bank cannot see the potential for cryptocurrencies

Eclipse26

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bullsvsbears.io

Don't be afraid if you know you're not doing something bad or against the law. Maybe the one you're talking about that got his bank frozen did something that's why. Wear anything you want. It's your country afterall, you know the rules and regulations... I'm just glad that here in my country, dealing with cryptocurrency isn't hard since the government is somehow positive towards it. They don't give much restriction and such. I also have shirt with 'bitcoin' printed on it and I often wear it outside.

n0ne

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Quote from: Astvile on October 06, 2019, 02:07:52 AM

Same story here thats why some people stopped using bitcoin to cash in through their bank using bitcoin or any related stuff that's under cryptocurrency. Some banks are anti bitcoin which they will not let you fund your account with money from this kind of stuff, It is understandable if the funds came from gambling they have the reason to block it but why would they block accounts just because you cash in money from virtual trading or doing crypto stuff? Is that how mad they are to bitcoin.

Very few countries around the world were very strict with this issue. This is all because of the increasing demand for the usage of bitcoin. Another thing, these banking firms were the one who keep on insisting government to stay against cryptocurrencies. When people begin to move towards bitcoin there will be huge loss in the revenue for the banks.

Such scenario will change in the future in my view, because recently few countries gave legal support for bitcoin usage and these countries were the one that banned cryptocurrency usage in the earlier days of cryptocurrency usage.

pieppiep

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It's never been easy to introduce something new to the public, especially if they don't know anything about what we want to tell them. But maybe you can still try to wear that t-shirt, and I think that will be no problem because that is only a t-shirt. And if people curious about the word on that t-shirt, you can explain to them and maybe you can meet in the cafe or other places. That will help to spread cryptocurrency among them, and I am sure that many people will want to know more about cryptocurrency.

Maybe the person who got an email from his bank has made a large transaction to his account, so the banks became suspicious and want to ask more about the funds. When we make a large of the transaction to our account, it clearly makes the bank alarm will sounding, and it will make them check the money to make sure that is not related to the illegal thing.

Meowth05

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Quote from: ?? on ??

Feel sorry for you, but this was the worst thing a government could do about bitcoin. It seems they are totally opposing the use of bitcoin. It would be very difficult for you or for your friend to even made your bitcoin or your cryptocurrency be a money, is there any other way in your country cashing out besides to such banks? If there will be, then I suggest that from now on use those opportunities to cash out, may be to cash in as well. Or better, live in the other country.

Migrating in other country seems expensive but I think that could be the best solution. If your govenment despise the bitcoin then there's nothing we can do about it and they will just accept if it will be used throughout the world. We can blame them since they saw it as competitors hence they banned it as for countermeasure.
Now, if you migrate in other country where crypto is available then you could earn back what you've invested.

Topic: Dealing with cryptocurrency (in my country) isn't easy as I thought - page 2. (Read 980 times)