Author

Topic: Fact about Cryptos (Read 815 times)

sr. member
Activity: 728
Merit: 251
July 18, 2019, 01:54:41 PM
#96
I can not understand how you imagine the ban on cryptocurrencies. In any case, the crypto industry will be able to exist. But to raise its price in case the regulators are against - no.
full member
Activity: 938
Merit: 102
July 18, 2019, 08:45:49 AM
#90
For me cryptocurrency is unstoppable. No one can stop it maybe, in their country but not worldwide. Investing in crypto is a risk but its like the same investment we do outside the internet.
jr. member
Activity: 42
Merit: 1
Crypto
July 18, 2019, 08:40:06 AM
#89
Thanks to this fact, the whole world is so fond of bitcoin and the whole blockchain. The process of cryptography can not be stopped, you can only suspend it in every possible way and come up with different laws to ban or refuse to legalize the crypto currency. If you are afraid , so respect!
full member
Activity: 434
Merit: 100
July 18, 2019, 02:24:15 PM
#79
IDEX has just recently announced that they would be enforcing KYC to all participants, while it is true that regulations cannot physically restrict Cryptocurrencies from existing, you have to consider that Cryptocurrencies are as good as dead when people are not allowed to trade it in any exchange.
member
Activity: 336
Merit: 10
July 18, 2019, 02:04:11 PM
#78
One more Trump scare. You can bet that before he twitted, he asked his staff to sell! Everything Trump say is linked to his investments.
Then he will ask his team to buy and post something like "US must stay the leader in Cryptocurrencies blah blah bla", then crypto will go up and Trump will be more rich.

You cannot stop people doing Crypto. American will bypass the government ban like Chinese are doing too, using VPN. But guess who is buying crypto? Trump and his friends.

I like the way you talk.  I think that's what it was)). trump knows how and what the market reacts to. in fact, they are not manipulating the market, but us.
member
Activity: 490
Merit: 13
July 18, 2019, 09:17:59 AM
#77
The reason why they are banning crypto is that its transaction can't be detected (They are anonymous). And people often use it as buying and selling drugs, terrorism and many more.
But the reality is not like that. Crypto can be used to lower fees sending money to other countries as it has low fees rather than using a local bank.
member
Activity: 539
Merit: 20
July 18, 2019, 09:12:57 AM
#76
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all


Bitcoin ban is only possible by turning off the Internet. You wouldn't know how much it would be worth in the future but bitcoin will always be there.
full member
Activity: 312
Merit: 100
July 18, 2019, 09:12:49 AM
#75
For me cryptocurrency is unstoppable. No one can stop it maybe, in their country but not worldwide. Investing in crypto is a risk but its like the same investment we do outside the internet.
not everyone knows and understands the use of crypto. even today crypto has not given their role as payment virtual money. maybe some have used it but as from crypto itself and the development of crypto as digital money has not been maximized.
full member
Activity: 854
Merit: 101
July 18, 2019, 09:04:11 AM
#74
The usage and awareness about cryptocurrencies, especially bitcoin and ethereum, have already gone mainstream that it is hard for it to be controlled. So, it will be indeed very hard for regulators to ban them. Maybe its development maybe slowed down but it is here to stay for a long time.
member
Activity: 515
Merit: 12
July 18, 2019, 08:46:17 AM
#73
Yeah right, they can ban it but it's just applicable to their country or any state that specifically wants to ban it. But other than that, it depends on the nearby countries and states if they would want to follow the ban that they had implemented.

The community isn't scared of bans anymore, they already implemented it to some exchanges like Binance. As a sample, we're just living and getting used to that and they'll get tired of it when they see more people became prosperous and loving crypto's.
If we talk about banning crypto on the behalf of countries with financial power like U.S.A, U.K., France, China, Japan, South Korea and not only, the question remains is what do you do with all those tokens when nobody accepts them as payment method?
copper member
Activity: 462
Merit: 10
July 18, 2019, 08:19:24 AM
#72
Don't think so, if US makes such move as to ban cryptocurrency, it could prompt a lot of country to start banning it as well. So to me if only what it takes is regulation,  then that's great and let's stop speculating about banning
member
Activity: 700
Merit: 10
July 18, 2019, 08:13:56 AM
#71
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all

American law can reach the entire world if the company conducts business relations with companies or individuals from America. There used to be a project that was required to repurchase because it was sued by an American investor. Therefore, many projects prohibit American individuals from joining campaigns or token sales
jr. member
Activity: 308
Merit: 1
July 18, 2019, 08:03:24 AM
#70
If US government bans cryptocurrency,  that will affect only the U.S. citizens or any other country under them.  But it will actually be bad if more countries ban cryptocurrency than to accept them
jr. member
Activity: 453
Merit: 2
https://goldeth.io/
July 18, 2019, 07:52:47 AM
#69
I don't think America is the only country that prohibits cryptoqurency but there are still some other countries that forbid this, but not my country. in my country it does not prohibit the existence of cryptoqurrency but the government recommends caution regarding crypto because investing with crypto is a big risk. that's the way it is
member
Activity: 560
Merit: 28
SAPG Pre-Sale Live on Uniswap!
July 18, 2019, 06:03:30 AM
#68
No one can touch bitcoin or any crypto coins because they don't exist physically and whether government like it or not sooner or later they will have no choice but to accept the technology, its time that people will do the talking not the government cos government can't decide for people
member
Activity: 798
Merit: 10
July 18, 2019, 06:03:26 AM
#67
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all

I think, actually the government will regulate the cryptocurrency market because the government will definitely take advantage by taxing cryptocurrency transactions. In some countries, cryptocurrency is like a commodity and everyone is free to trade or make it as investment as long doing KYC at a local exchanger
legendary
Activity: 2450
Merit: 1047
July 18, 2019, 04:36:46 AM
#66
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all
We are aware of that even if some countries are now banning Cryptocurrency, they can't stop their people from participating in the crypto revolution, from trading buying and joining bounty campaign, they can restrict IP, but we all know there is a VPN to rely on.
sr. member
Activity: 868
Merit: 251
July 18, 2019, 04:11:27 AM
#65
Absolutely no country will be able to completely ban cryptocurrency. They just do there's nothing you can do about it
full member
Activity: 434
Merit: 101
https://www.payaccept.net/
July 17, 2019, 05:48:25 PM
#64
Crypto cannot be banned physically and if the government of a country were to suddenly ban Cryptocurrencies, it wouldn't affect the people that are already holding Cryptocurrencies before the ban but it will affect newbies who want to acquire it because there would be no legal way to purchase crypto with fiat.
sr. member
Activity: 994
Merit: 256
July 17, 2019, 03:56:49 PM
#63
The fact that the government won't be able to kill cryptocurrencies, but can make it very difficult to use them if they want to.
 
No it is not like this now a day people are liking crypto currency because they got to know that investing their money in crypto will make the country's economy even better so I think governments should Allow their people to invest and use crypto. The fact is crypto currency has an ability to change the life of an investor.
full member
Activity: 1400
Merit: 103
July 17, 2019, 02:53:44 PM
#62
In some countries the Telegram messenger is prohibited, but this does not prevent people from using it. The same is true in the crypto - even if it is forbidden, people still find ways to circumvent this decision.
some forbid, but in the future I think there will be regulations that make everyone take into account the development and important role of crypto. we will see it later, in the future when everyone starts to realize.
It seems to me that the logical outcome of the development of blockchain technologies is the emergence of centralized state coins, all the resulting advantages and disadvantages. This is my vision of what will happen))
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
July 17, 2019, 02:48:10 PM
#61
Yeah.
Since I have never been into any other country I just have imaginations of what is happening to them when bitcoin is banned.
Are they fixing their IP's or something like banning the bitcoin word?  Grin
Just have the thoughts but dont really know the experience.

It is the internet era. Bitcoin is in the internet. So I could just use VPN's to make it look like I am in another country. With that I could transact again. The problem will be withdrawals if the police are investigating any business that provides conversion with bitcoin to their own currency.
copper member
Activity: 448
Merit: 14
July 17, 2019, 02:43:59 PM
#60
Well, as long as there is the Internet and at least a few computers on the network, then a digital currency may exist. But if the Internet does not exist, then probably there will be no sense in electronic digital assets either.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
July 17, 2019, 02:39:18 PM
#59
is it appropriate for the person doing crypto trading to be a criminal or suspect by the government?
isn't this pure our awareness, and we ourselves will accept the risks when investing.
Crypto trading is not part of criminal activity and some shady organizations want to blame the anonymity of the crypto transactions just for hiding their dirty games.  Investing requires serious hard work and it is not for everyone. Ordinary people always run against the flow and they take whatever they get offered. Simple plans don't work in this industry anymore.
sr. member
Activity: 1792
Merit: 264
July 17, 2019, 02:29:40 PM
#58
is it appropriate for the person doing crypto trading to be a criminal or suspect by the government?

Of course there is nothing to do at all if we trade cryptocurrency can be accused of being a criminal act that can harm the government.

isn't this pure our awareness, and we ourselves will accept the risks when investing.


most governments cannot guarantee security if we invest in crypto, of course the investment that we make towards cryptocurrency, must be accountable by each user because before deciding to invest in it we are fully aware of the risks that will be faced
full member
Activity: 282
Merit: 100
July 17, 2019, 01:10:11 PM
#57
In some countries the Telegram messenger is prohibited, but this does not prevent people from using it. The same is true in the crypto - even if it is forbidden, people still find ways to circumvent this decision.
some forbid, but in the future I think there will be regulations that make everyone take into account the development and important role of crypto. we will see it later, in the future when everyone starts to realize.
full member
Activity: 1400
Merit: 103
July 17, 2019, 01:06:34 PM
#56
In some countries the Telegram messenger is prohibited, but this does not prevent people from using it. The same is true in the crypto - even if it is forbidden, people still find ways to circumvent this decision.
legendary
Activity: 1722
Merit: 1014
July 17, 2019, 12:32:41 PM
#55
Crypto ban will hurt you, trust me Smiley If the big guys will come to your home and blame you like a counterfeiter - you won't be so brave and sure hehe Smiley
sr. member
Activity: 1092
Merit: 250
Hodlers Network
July 17, 2019, 11:37:10 AM
#54
The fact that the government won't be able to kill cryptocurrencies, but can make it very difficult to use them if they want to.

yes, the government can't kill the cryptocurrency, if this community still alive and the internet connections still active buddy
just stay calm and ignore all bad news, its time to collect more bitcoin
sr. member
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
July 17, 2019, 11:33:02 AM
#53
Electronic money will never die for many reasons.  First, electronic money is developed based on Blockchain network, representing user trust, a truly democratic and transparent network.  Secondly, the Crypto or blockchain network exists on the internet and certainly the global internet is never destroyed forever.  Crypto brings great profits and is met by new people.
member
Activity: 546
Merit: 11
July 17, 2019, 11:01:59 AM
#52
The fact that the government won't be able to kill cryptocurrencies, but can make it very difficult to use them if they want to.
copper member
Activity: 224
Merit: 0
July 17, 2019, 10:56:26 AM
#51
It is clear, that no government can eliminate any crypto currency, but they can make them illegal and this would harm crypto currencies in this country. People are not likely to use illegal things, you should also take into consideration that we want to reach the mass adoption.
full member
Activity: 812
Merit: 120
https://combonetwork.io/
July 17, 2019, 06:20:22 AM
#50
is it appropriate for the person doing crypto trading to be a criminal or suspect by the government?
isn't this pure our awareness, and we ourselves will accept the risks when investing.
hero member
Activity: 1470
Merit: 655
July 17, 2019, 05:55:42 AM
#49
actually they can be banned and they have been banned in 2 or 3 countries already. usually third world countries such as Bangladesh but still it has happened.
what can not happen ever is to prevent people around the world from using cryptocurrencies that are decentralized. and that last part is important because if a cryptocurrency is centralized they can easily ban and shut it down like what they are trying to do to Libra.
full member
Activity: 952
Merit: 110
July 17, 2019, 05:52:21 AM
#48
Government always want to be in control of everything well I guess this is the first technology that let them down,even if regulation takes place privacy coins will stand out that's why they hate privacy coins the most Grin
jr. member
Activity: 518
Merit: 3
July 17, 2019, 05:45:04 AM
#47
The beauty about it is that there cannot be a unified world ban on crypto. Peradventure it is attempted, there are certain countries that will not assent to it, because they are not all in good terms. All most of them might not have cogent reason for wanting to engage in such act, that will make meaning to them all.
hero member
Activity: 1092
Merit: 501
July 17, 2019, 05:25:18 AM
#46
you are not right. Altcoins can be banned and destroyed if someone wants it. Altcoins are centralized and you can come to their creator and ask him to close the project
You just cannot do that. How come you finish or put an end of a coin that has been in the wallets of millions of people around the world. People still demand for it because they see future utility and profit in the respective coins. DO not forget about the market value of ETH back in 2017. We have seen Altcoins scaling heights in a short span of time in the crypto market.
member
Activity: 812
Merit: 11
July 16, 2019, 08:19:38 PM
#45
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all

Indeed, bitcoin cannot be banned, but altcoin can be turned off by the government because most tokens on the market are token utilities. Especially bitcoin or altcoin which are decentralized, it is difficult for the government to ban them because there is no special category to ban them. Bitcoin can be called a commodity, it can also be called a digital asset
full member
Activity: 204
Merit: 250
Adoption Blockchain e-Commerce to World
July 16, 2019, 07:41:43 PM
#44
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all

Recently, you can see that the ban of cryptocurrency is less than the last year. The big company like Facebook has released their crypto and the wave of investment is growing at the recent time. But now the price of BTC was drop-off below $10,000 and ETH is the same situation.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
July 16, 2019, 07:39:14 PM
#43
I was not even worried because the Government banned crypto, this had happened to China but the fact is that crypto is still growing and some countries are actually legalizing it. Don't spread fear because we grow bigger.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
July 16, 2019, 07:29:59 PM
#42
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all
Physically yes, but if the country makes a strong regulation to banned cryptocurrency we’re going to be dead especially if your own government did that. If you make action against that rulings for sure you’ll be in jail. We can’t be happy about this one, we should be more hopeful for the support of every country.
member
Activity: 753
Merit: 15
mulierum.com
July 16, 2019, 07:28:59 PM
#41
Not funny at all. Something that cannot be physically challenged will also have an effect on our physical being as humans. Indeed crypto is a digital technology that we cannot touch, even though it is not because it is only a number, digit, and codes. However, the prohibition on cryptos can make a person suffer, especially for those who live in a country that does not allow crypto, of course, they will feel more difficult. So it's not a physical or other problem, but an essential problem and its value.
hero member
Activity: 3010
Merit: 524
Leading Crypto Sports Betting & Casino Platform
July 16, 2019, 07:27:00 PM
#40
How can you ban what you ban what no one is totally in control of, that is why its nature is cryptic, except a country where internet is banned completely. The decentralized nature of bitcoin made it a lot difficult for such decisions to be made about it.
Code can't be banned, china, US, india have already tried that and they are all getting failed to ban the code. with the existing of the internet and crypto will be living forever. The decentralized makes it even stronger because the protocol already spread around the world. Ban crypto is only a dream
jr. member
Activity: 109
Merit: 1
July 16, 2019, 06:55:49 PM
#39
you might have gotten the fact wrong here because USA banning crypto is bad for the market, you might thing its just one country but alot of other countries look up to them for certain decisions. the fact is crypto will do better is its universally accepted
sr. member
Activity: 644
Merit: 260
July 16, 2019, 06:09:48 PM
#38
If more and more government authorities place ban on crypto, it makes mainstream adoption more difficult to be achieved. Nevertheless, the ban of crypto by government doesn't necessarily mean citizens in that country don't make use of crypto, it's never possible.  The ban can only cause a dip in the market, which will still rebound with time since crypto is highly volatile.
42K
member
Activity: 364
Merit: 10
Erotic Industry on the Blockchain! RachelX
July 16, 2019, 04:58:11 PM
#37
I think cryptocurrency will continue to grow and grow and its not going to die anytime soon so let's have the confidence in the decisions we make in cryptocurrency and never lose hope despite restrictions.
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
July 16, 2019, 03:55:59 PM
#36
yes it is fact that crypto will existing no matter! But it could cost very low price, because market will be banning. How you think - it is not the same as BAN crypto??
it is not the same. the price may be even one dollar per bitcoin, but it will only be a question of time when the price returns to 20 thousand, but only if bitcoin will developing technologically
hero member
Activity: 888
Merit: 500
July 16, 2019, 02:27:03 PM
#36
Yeah right, they can ban it but it's just applicable to their country or any state that specifically wants to ban it. But other than that, it depends on the nearby countries and states if they would want to follow the ban that they had implemented.

The community isn't scared of bans anymore, they already implemented it to some exchanges like Binance. As a sample, we're just living and getting used to that and they'll get tired of it when they see more people became prosperous and loving crypto's.

But the United States is a big country and many traders come from this country. If they banned the trade completely crypto. It will strongly affect this market similar to what China has done before
full member
Activity: 896
Merit: 103
July 16, 2019, 03:44:45 PM
#35
yes it is fact that crypto will existing no matter! But it could cost very low price, because market will be banning. How you think - it is not the same as BAN crypto??
sr. member
Activity: 1330
Merit: 289
July 16, 2019, 03:37:04 PM
#34
Your points are true but crypto ban in some countries bring down the market, so that's also a negative impact.  Crypto ban can only cause FUD and price dump but doesn't stop crypto. Even some countries which place so many restrictions on crypto, it doesn't mean the citizens there are not holding crypto.
hero member
Activity: 2842
Merit: 625
DGbet.fun - Crypto Sportsbook
July 16, 2019, 03:14:02 PM
#33
Yeah right, they can ban it but it's just applicable to their country or any state that specifically wants to ban it. But other than that, it depends on the nearby countries and states if they would want to follow the ban that they had implemented.

And in fact more countries now support crypto. That means there is no need to worry about that, even though the US forbids crypto. At least we can still develop with technology and blockchain and over time, of course, each country does not want to miss every moment.
Yes, that's one thing that we are sure right now. More countries are getting into crypto and there's nothing to worry about. There will be countries that would definitely go against it but it doesn't mean that everyone of them will do the same.

But the United States is a big country and many traders come from this country. If they banned the trade completely crypto. It will strongly affect this market similar to what China has done before
And you know what's next? we almost don't care about that thing anymore about China.
94K
member
Activity: 350
Merit: 10
HiveNet - Distributed Cloud Computing
July 16, 2019, 02:55:28 PM
#32
The fact about cryptocurrency is that cryptocurrency will forever grow and increase from this time to the next. People will never stop participating in cryptocurrency because they know what crypto offers them.
hero member
Activity: 1666
Merit: 502
July 16, 2019, 01:01:00 PM
#31
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all
You are right, anything done to ban cryptocurrency will be useless because users themselves have many ways to do this. It's just that if you think about the banning that is more focused on crypto users it will definitely be difficult, especially the impact of banning a country can result in bad news and the value drops.
sr. member
Activity: 679
Merit: 254
July 16, 2019, 12:45:54 PM
#30
Yeah, Crypto will continue to grow and grow, despite restrictions. And it will not hinder real, because it does not have a physical form that is real or can be seen. And that's a fact that exists for now and in the future, except that there is no internet or computer. No problem mate. Thank you.
hero member
Activity: 1568
Merit: 511
July 16, 2019, 12:29:30 PM
#29
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all

Of course, unless people stop mining, The bitcoin blockchain will always be there
While Alts is depends on the algorithm

Thus, yeah, it is hard to really ban off crypto imo because it is P2P
As long as internet is there, it will be unavoidable tho
member
Activity: 994
Merit: 11
Daxetoken.net
July 16, 2019, 12:22:10 PM
#28
The Fact bout crypto is that people will not stop patronizing it whatever other said or even many people spread FUD,still more people will invest in crypto. The fact that we are in a new generation where there are cryptocurrency exist for the seek of the people and our economic problem.
newbie
Activity: 98
Merit: 0
July 16, 2019, 12:16:36 PM
#27
its reality You cannot stop people doing Crypto. American will bypass the government ban like Chinese are doing too, using VPN. But guess who is buying crypto? Trump and his friends.
legendary
Activity: 2674
Merit: 1048
July 16, 2019, 12:12:01 PM
#26
The government only have one way in order to ban all the form of cryptocurrencies on their country i.e they have to shootdown an internet network in their country. I'll bet with 100% bitcoin and altcoin will dead and never use again by its user.

If they only make a decision to ban it and only said cryptocurrencies are not allowed it won't give anything to the future of them. Only give a slight effect such as decreasing price for a while and after that its price will up again.

I guess government still need a more learning to understand cryptocurrencies and how it is work even its functiom to help their economic problem. Yeah, I feel cryptocurrencies can help economic problem for the country who have a lot of unemployment. They can using it for trading and investing place, as we may know those ways can give a profit for its user.
full member
Activity: 350
Merit: 100
HiveNet - Distributed Cloud Computing
July 16, 2019, 11:52:10 AM
#25
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all

of course bitcoin and altcoin is a cryptocurrency and few people said this is a great digital currency and no body can touch it physically mate
thats why, a government can't ban all kind of cryptocurency my friend
member
Activity: 298
Merit: 10
July 16, 2019, 11:36:37 AM
#24
Blockchains such as BTC cannot be banned. The United States can only prohibit participation in BTC transactions, but not blockchains. Of course, now many countries begin to recognize the blockchain technology, I think, with the development of technology, the future blockchain will be used legally.
member
Activity: 686
Merit: 11
July 16, 2019, 11:33:08 AM
#23
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all
Not 100% true but you have a point there mate. What I'm trying to say is that accepting cryptocurrency and banning cryptocurrency in U.S. is a great factor. If U.S. accepts cryptocurrency then the people of U.S might get interested in cryptocurrency and brings massive adoption on their side while if U.S. bans cryptocurrency then thats a bad impact on U.S people, massive adoption will be very slow if they ban cryptocurrency.
This is true, given the law-abiding majority of citizens of this country, as well as the fact that the main negative actions from the government of this country can negatively affect the market. They can temporarily cause to fall the crypto market, as there are many BTC and altcoin holders.
full member
Activity: 826
Merit: 104
July 16, 2019, 11:16:55 AM
#22
no country can control altcoin. Many countries do not accept the use of altcoin as a means of payment. This creates market instability. But these currencies make money laundering and terrorism operations more powerful.
hero member
Activity: 1540
Merit: 507
July 16, 2019, 11:04:23 AM
#21
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all
Crypto haven't a physical form so banning it would be irrelevant literally.Have you seen on how China do ban crypto? They made impact but didnt able to completely shut down
the market.

If US ban crypto then so be it but citizens who are crypto/bitcoin lovers will surely find a way and getting rid of such transactions cant really be stop as long theres internet there would be always a passage.
They will always try to search another way to use crypto, remember a few years ago china has announced the ban for crypto and then majority of miners and users of crypto from china has already found a way to use crypto again, the code can't be prevented.
sr. member
Activity: 896
Merit: 253
July 16, 2019, 09:50:46 AM
#20
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all
Not 100% true but you have a point there mate. What I'm trying to say is that accepting cryptocurrency and banning cryptocurrency in U.S. is a great factor. If U.S. accepts cryptocurrency then the people of U.S might get interested in cryptocurrency and brings massive adoption on their side while if U.S. bans cryptocurrency then thats a bad impact on U.S people, massive adoption will be very slow if they ban cryptocurrency.
full member
Activity: 756
Merit: 101
Oikos.cash | Decentralized Finance on Tron
July 16, 2019, 09:23:17 AM
#20
the only bitcoin cannot be closed or killed because it is completely decentralized. as for the other coins, you cannot be so sure of their safety
full member
Activity: 868
Merit: 106
July 16, 2019, 09:47:51 AM
#19
bitcoin or cryptocurrency has become an important part of the world economy today, I think no country in the world is able to limit crypto, unless the country restricts the internet network, and if they limit the internet network then the country will experience setbacks, because we know that 70% of jobs in the world today, use internet networks.
hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
July 16, 2019, 09:11:37 AM
#19
you are not right. Altcoins can be banned and destroyed if someone wants it. Altcoins are centralized and you can come to their creator and ask him to close the project
member
Activity: 448
Merit: 10
July 16, 2019, 09:37:07 AM
#18
I wonder if they can still withdraw their funds by going to under countries and going back to their country without getting questoined by their government. But still, they are very unlucky that something like cryptocurrency gets banned on their country since cryptos are very profitable especially when a coin is volatile.
legendary
Activity: 3094
Merit: 1127
July 16, 2019, 09:31:18 AM
#17
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all
Crypto haven't a physical form so banning it would be irrelevant literally.Have you seen on how China do ban crypto? They made impact but didnt able to completely shut down
the market.

If US ban crypto then so be it but citizens who are crypto/bitcoin lovers will surely find a way and getting rid of such transactions cant really be stop as long theres internet there would be always a passage.
member
Activity: 490
Merit: 16
July 16, 2019, 09:03:58 AM
#16
Very true,there is nothing government can do to ruin crypto,whether they like it or not people will still keep using crypto for means of payment,its only a matter of time now I'm sure government will join crypto space 100%
hero member
Activity: 2926
Merit: 636
July 16, 2019, 08:55:08 AM
#15
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all

I don't think so, if big countries will ban crypto, the rest will follow.
And, even if we can still transact using crypto but the ecosystem will not grow, or has no more potential, people will be afraid to use it as they will be breaking the law and they will face the consequences. We need to be realistic here, we need their approval for crypto to grow and it can serve its purpose.
full member
Activity: 994
Merit: 100
SAPG Pre-Sale Live on Uniswap!
July 16, 2019, 08:49:37 AM
#14
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all
how can you have such an option, do you have proof or links that can be justified? I am asking this because all that is in this forum is not misunderstood in responding to this. it is good news given along with a link that shows the news.
legendary
Activity: 2982
Merit: 1069
July 16, 2019, 08:48:24 AM
#13
The US can control the exchanges on the US, also they will probably ask for proof of transactions if you want to cash out. And if you bought a token/coin that's against US regulations being a US citizen you could probably have problems too.

Thing is a big part of crypto is trading, and going from fiat to crypto and crypto to fiat, and they can definitely control that.

A government is always conservative and it wouldn't want to change the way it runs. This has been seen in the history.
A mass moment is what needs to make government fall in line with the demand of time. The government needs some pressure to make a change, not necessarily a protest. Facebook's announcement of Libra is an effective start of the mass moment.
copper member
Activity: 24
Merit: 0
July 16, 2019, 08:44:06 AM
#12
The US can control the exchanges on the US, also they will probably ask for proof of transactions if you want to cash out. And if you bought a token/coin that's against US regulations being a US citizen you could probably have problems too.

Thing is a big part of crypto is trading, and going from fiat to crypto and crypto to fiat, and they can definitely control that.
full member
Activity: 1050
Merit: 100
July 16, 2019, 08:36:36 AM
#12
Physically it doesn't exist, so it can't be banned, but they also won't increase by making a ban on crypto and countries that legalize crypto will not experience poverty, because those who understand crypto will definitely always like it.
hero member
Activity: 2632
Merit: 833
July 16, 2019, 08:40:57 AM
#11
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all

But you have to remember that altcoins like ETH has one central figure that is Vitalik Buterin.

And similar to what US government is doing to Libra, requiring the top honchos for a congressional hearing, I wouldn't be surprised if one day we will hear someone like the stature of Vitalik being 'force' by other government body to appear and be question as well.
sr. member
Activity: 1848
Merit: 298
Buzz App - Spin wheel, farm rewards
July 16, 2019, 08:11:05 AM
#10
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all

This is true and it would hunt the governments every time they think of banning crypto. An outright ban would be beneficial for adoption and advertisement of crypto. Though they may make it difficult to cashout crypto in fiat but if people started accepting crypto for goods and services, there's nothing they can do.
member
Activity: 795
Merit: 10
July 16, 2019, 08:08:17 AM
#9
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all
The citizens of a country or state can ban crypto. It can't be ban worldwild, the law can be upheld only in such state territory. Hence bitcoin can be banned though out the world.
full member
Activity: 615
Merit: 154
CEO of Metaisland.gg and W.O.K Corp
July 16, 2019, 07:56:20 AM
#8
Yeah right, they can ban it but it's just applicable to their country or any state that specifically wants to ban it. But other than that, it depends on the nearby countries and states if they would want to follow the ban that they had implemented.

And in fact more countries now support crypto. That means there is no need to worry about that, even though the US forbids crypto. At least we can still develop with technology and blockchain and over time, of course, each country does not want to miss every moment.

One country is missing their brain about crypto: France! They tax 60% on crypto benefits... France world champion about taxes!
full member
Activity: 514
Merit: 100
July 16, 2019, 07:54:11 AM
#7
Yeah right, they can ban it but it's just applicable to their country or any state that specifically wants to ban it. But other than that, it depends on the nearby countries and states if they would want to follow the ban that they had implemented.

And in fact more countries now support crypto. That means there is no need to worry about that, even though the US forbids crypto. At least we can still develop with technology and blockchain and over time, of course, each country does not want to miss every moment.
full member
Activity: 615
Merit: 154
CEO of Metaisland.gg and W.O.K Corp
July 16, 2019, 07:49:48 AM
#6
One more Trump scare. You can bet that before he twitted, he asked his staff to sell! Everything Trump say is linked to his investments.
Then he will ask his team to buy and post something like "US must stay the leader in Cryptocurrencies blah blah bla", then crypto will go up and Trump will be more rich.

You cannot stop people doing Crypto. American will bypass the government ban like Chinese are doing too, using VPN. But guess who is buying crypto? Trump and his friends.
sr. member
Activity: 1414
Merit: 252
Keep it Simple guys :)
July 16, 2019, 07:42:34 AM
#5
US can't ban bitcoin and there is nothing they can do about the bitcoin, for anyone to ban bitcoin, they need to ban the internet before they can stop bitcoin operation, which they can't do. 

the truth all government just want to control all kind of cryptocurrency
but the fact, the governments can't doing that buddy,, so they want to ban cryptcurrency because they can't controll it
i agree with government must shut down the internet if they want to kill cryptocurrency
regards
member
Activity: 858
Merit: 13
Christ The King
July 16, 2019, 06:48:33 AM
#4
US can't ban bitcoin and there is nothing they can do about the bitcoin, for anyone to ban bitcoin, they need to ban the internet before they can stop bitcoin operation, which they can't do. 
member
Activity: 434
Merit: 19
July 16, 2019, 06:17:04 AM
#3
But I heard that north america has over 80% of all bitcoin ATM available worldwide,what's gonna happen to them is the ban actually takes place? Grin break them down?Never gonna happen
hero member
Activity: 2842
Merit: 625
DGbet.fun - Crypto Sportsbook
July 16, 2019, 06:10:19 AM
#2
Yeah right, they can ban it but it's just applicable to their country or any state that specifically wants to ban it. But other than that, it depends on the nearby countries and states if they would want to follow the ban that they had implemented.

The community isn't scared of bans anymore, they already implemented it to some exchanges like Binance. As a sample, we're just living and getting used to that and they'll get tired of it when they see more people became prosperous and loving crypto's.
brand new
Activity: 0
Merit: 0
July 16, 2019, 06:08:54 AM
#2
Ironically, cryptos make sense only when we think they make sense, which does not have a physical proof.
member
Activity: 476
Merit: 22
July 16, 2019, 05:57:08 AM
#1
There is one big fact about crypto that's above all other facts,bitcoin and altcoins can't be banned physically Grin
Either U.S ban crypto or not it won't hurt at all
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