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Topic: government and bitcoins banning - page 2. (Read 2991 times)

newbie
Activity: 163
Merit: 0
October 31, 2017, 06:11:46 PM
already china has banned bitcoins is there any chance that other countries may ban bitcoins?Huh
Possibly yes but it doesn't matter at all because all of a sudden, after they see the advantages bitcoin can provide, I bet, they will think twice before deciding to ban bitcoin on their state or country. As long as people are continuously benefiting on bitcoin, I think there is no such reason for the government to ban bitcoin just like what China have done. But we must be still open on the possibilities that it can really happen once again. But on this current time, I think they will doubt banning it because it is observable that bitcoin is approaching its peak price.
Yes you are right we need to be aware because bitcoin is now becoming one of the most popular cryptocurrency and that’s why people started investing in bitcoin but some governments didn’t like bitcoin because they don’t trust in bitcoin and they start banning it.
Yes of course there is a relation of bitcoin and governments because all the control are always in the hand of government managers and they allow and disallow bitcoin and that’s why we also need to be prepare because it is possible that bitcoin can be consider illegal worldwide.
sr. member
Activity: 371
Merit: 250
October 31, 2017, 06:11:06 PM
already china has banned bitcoins is there any chance that other countries may ban bitcoins?Huh
Possibly yes but it doesn't matter at all because all of a sudden, after they see the advantages bitcoin can provide, I bet, they will think twice before deciding to ban bitcoin on their state or country. As long as people are continuously benefiting on bitcoin, I think there is no such reason for the government to ban bitcoin just like what China have done. But we must be still open on the possibilities that it can really happen once again. But on this current time, I think they will doubt banning it because it is observable that bitcoin is approaching its peak price.
Yes you are right we need to be aware because bitcoin is now becoming one of the most popular cryptocurrency and that’s why people started investing in bitcoin but some governments didn’t like bitcoin because they don’t trust in bitcoin and they start banning it.
full member
Activity: 240
Merit: 100
October 29, 2017, 07:31:20 AM
already china has banned bitcoins is there any chance that other countries may ban bitcoins?Huh
Possibly yes but it doesn't matter at all because all of a sudden, after they see the advantages bitcoin can provide, I bet, they will think twice before deciding to ban bitcoin on their state or country. As long as people are continuously benefiting on bitcoin, I think there is no such reason for the government to ban bitcoin just like what China have done. But we must be still open on the possibilities that it can really happen once again. But on this current time, I think they will doubt banning it because it is observable that bitcoin is approaching its peak price.
member
Activity: 69
Merit: 10
Cryptos = New hope in life!
October 19, 2017, 08:58:04 AM
Don't worry nobody can stop BTC or cryptos in general Wink
bce
sr. member
Activity: 756
Merit: 250
October 19, 2017, 08:50:06 AM
already china has banned bitcoins is there any chance that other countries may ban bitcoins?Huh
for the problem the government will ban my country, I do not think it's going to happen for me to take advantage of the opportunity while there is still a chance if the government in my country forbids me to have a profit that I have invested at least in the form of official currency in my country
member
Activity: 490
Merit: 11
October 19, 2017, 05:02:52 AM
in my country they banned bitcoin year ago, but we still investing in bitcoin, because they dont know the benefits bitcoin bring to us, if they cant control bitcoin they ban it.
full member
Activity: 856
Merit: 111
Buzz App - Spin wheel, farm rewards
October 16, 2017, 09:31:47 AM
Many countries has banned Bitcoin .  Its not destroyed becouse when one country banned bitcoin there's others country also legalize bitcoin. But bitcoin users  enjoying it and it is very helpful especially to unemployment . Unfortunately bitcoin is not support in my country .
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
October 16, 2017, 08:37:39 AM
already china has banned bitcoins is there any chance that other countries may ban bitcoins?Huh

Maybe yes, maybe no. china has failed to reduce the value of bitcoin at the lowest level. it seems that china is no longer an obstacle to bitcoin. without china bitcoin better yet and the current proven value of bitcoin rises more than past value.
Price is not what the Chinese government concern. They want to control the people in the country by stopping Bitcoin. The more people use bitcoin in China, the harder for the government to control the people and their property. And as you know, the Chinese government wants to  control everything, not even the people in their country but also the whole world. But, they have to control the people first. Stopping bitcoin maybe the good idea, but whales do not sell bitcoin at all because they know that bitcoin is decentralized and there is no way the government can know that they are using bitcoin
full member
Activity: 196
Merit: 102
October 16, 2017, 08:33:58 AM
sure. doesn't really matter, don't worry too much about things you can't predict and control.
Russia and Iceland are the countries that prohibit the use of bitcoin. According to Iceland's central bank, transactions with bitcoin are perceived as the movement of foreign and illegal capital because of capital controls conducted in the country after the collapse of the banking system in 2008.
full member
Activity: 196
Merit: 100
October 16, 2017, 08:25:58 AM
I don't agree on putting ban on bitcoins. It's not because that I'm one of the bitcoiners and I am enjoying it but it is very helpful especially to unemployment rate of the country.  It is not easy to be qualify in any positions or job vacancies in available fields or professions and it is not one's fault if he / she didn't qualify for the position. It goes with how companies or government provide the qualifiers that they offer for the employment.  That is why in my country, one of the biggest factor that affects poverty was because of large number of unemployment rate.
legendary
Activity: 1582
Merit: 1059
October 16, 2017, 08:04:30 AM
already china has banned bitcoins is there any chance that other countries may ban bitcoins?Huh

The ban has no effect so nobody afraids of China ban anymore because they failed to manipulate bitcoin as a result instead of falling it down it becomes the opposite in which value increasing to $6000. If this CHina was recognized as one of the super power nation in talking of arms and economy failed to control bitcoin how much more the other countries which is smaller than China. If your big brother salute you how much more your little brothers?  Cheesy

Their ban didn't fail, and it wasn't even a ban on bitcoin. The coin itself it's legal there, and mining is still allowed. Also, I don't think they were attempting to influence the price of bitcoin. They just want to regulate it, and they will attempt to do that by regulating exchanges. Countries can't really ban bitcoin, so their best option is to try to regulate it. If they make it illegal, they will just completely lose control over it. If they regulate it, they will at least manage to charge some taxes on it.
full member
Activity: 854
Merit: 108
October 16, 2017, 07:56:59 AM
already china has banned bitcoins is there any chance that other countries may ban bitcoins?Huh

The ban has no effect so nobody afraids of China ban anymore because they failed to manipulate bitcoin as a result instead of falling it down it becomes the opposite in which value increasing to $6000. If this CHina was recognized as one of the super power nation in talking of arms and economy failed to control bitcoin how much more the other countries which is smaller than China. If your big brother salute you how much more your little brothers?  Cheesy
sr. member
Activity: 308
Merit: 250
MatrixCoin - Creating Bright Future Together
October 16, 2017, 07:38:35 AM
already china has banned bitcoins is there any chance that other countries may ban bitcoins?Huh

Maybe yes, maybe no. china has failed to reduce the value of bitcoin at the lowest level. it seems that china is no longer an obstacle to bitcoin. without china bitcoin better yet and the current proven value of bitcoin rises more than past value.
as far as i know, China never tried to reduce the value of bitcoin, the deep dump of bitcoin in September was just a by-product of banning ico and exchanges and what Chian done is to control group events and increase financial security
Actually china is willing bitcoin because they know that bitcoin have ability to take over world currency which is quite true. They are looking how much investors from china in the last of all these things bitcoin will become a payment method in china. Because they are not trying to reduce the value of bitcoin in senerio they are looking forward to make bitcoin as a payment method.
full member
Activity: 252
Merit: 101
October 16, 2017, 07:33:38 AM
already china has banned bitcoins is there any chance that other countries may ban bitcoins?Huh

Maybe yes, maybe no. china has failed to reduce the value of bitcoin at the lowest level. it seems that china is no longer an obstacle to bitcoin. without china bitcoin better yet and the current proven value of bitcoin rises more than past value.
as far as i know, China never tried to reduce the value of bitcoin, the deep dump of bitcoin in September was just a by-product of banning ico and exchanges and what Chian done is to control group events and increase financial security
full member
Activity: 406
Merit: 100
October 16, 2017, 07:18:02 AM
already china has banned bitcoins is there any chance that other countries may ban bitcoins?Huh

Maybe yes, maybe no. china has failed to reduce the value of bitcoin at the lowest level. it seems that china is no longer an obstacle to bitcoin. without china bitcoin better yet and the current proven value of bitcoin rises more than past value.
Aba
full member
Activity: 431
Merit: 100
October 16, 2017, 07:16:35 AM
possibly could happen! but bitcoin will still exist and continue to grow, take samples after being banned in china bitcoin price is even higher

hero member
Activity: 589
Merit: 507
I don't buy nor sell anything here and never will.
October 16, 2017, 07:01:58 AM
already china has banned bitcoins is there any chance that other countries may ban bitcoins?Huh

There would be a chance that other countries like North Korea and Russia will ban the use of crypto currency because these two nations share the common interest with China. I think they are scared of it because it is something so powerful and they know that cannot fully control it. No doubt they don't want to waste their time and resources because of the risks that bitcoins can deliver.

Yeah, North Korea, totally. No ordinary citizen in North Korea has access to Internet, let alone to bitcoins, but they will ban bitcoins. Sure.
full member
Activity: 180
Merit: 100
October 14, 2017, 02:56:38 PM
already china has banned bitcoins is there any chance that other countries may ban bitcoins?Huh

There would be a chance that other countries like North Korea and Russia will ban the use of crypto currency because these two nations share the common interest with China. I think they are scared of it because it is something so powerful and they know that cannot fully control it. No doubt they don't want to waste their time and resources because of the risks that bitcoins can deliver.
full member
Activity: 448
Merit: 101
October 14, 2017, 02:08:36 PM
fraud to check whether you can control the course using news.
newbie
Activity: 14
Merit: 0
October 14, 2017, 09:45:13 AM
governments are so much banning bitcoin lately, as much as finally beginning to regulate it. this was inevitable folks, and we got here a lot faster by attracting attention to ourselves, via the ICOs, and the wild bubble. At these price levels, capital flight just isnt the only issue; you can greatly facilitate money laundering with cryptos. the ico circuit has almost certainly accepted some dirty money; which has gotten washed into the crowdfund, and came back as shiny new tokens.

this doesnt necessarily have to be an intentional thing, but it is definitely happening. 
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