government and bitcoins banning - page 5.

cyberChevan

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Quote from: bitcoinvamp on September 21, 2017, 10:30:46 AM

already china has banned bitcoins is there any chance that other countries may ban bitcoins? Huh

There could be a probability of some other country will ban Bitcoin. This might be inevitable since China is a very influential country. However, banning is some other country might just be temporary. There is no concrete way of banning Bitcoin and other cryptocurrencies so the government will just have to compromise and just utilize Bitcoin in favor for them.

ipanks

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i don't hope that the other country will following china to banned but i think chinese government is not banning bitcoin and they will realize that banning bitcoin is impossible because now there is many new technology which will allow people to still use bitcoin. and no matter if the government banning bitcoin, as long as there is internet connection and vpn, i am sure that people can use bitcoin again.

gajebo

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Quote from: bitcoinvamp on September 21, 2017, 10:30:46 AM

already china has banned bitcoins is there any chance that other countries may ban bitcoins? Huh

I see from some online news, it is upside down than that china and korea do over the ban on crypto and bitcoin.
there are some countries are ready to involve bitcoin on real projects in their country, for example jepan which now has been legalized, this end turki follow the footsteps of japan. this is really good for the development of virutal currencies including bitcoin.

alfaruq

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China does not ban bitcoin, but only halts most excanges except for the two biggest excanges that are OKCoin and Huobi for wanting to regulate cryptocurrency. Other than that many companies are legalizing the exchange of bitcoin, so it is unlikely that other countries will ban bitcoin

Rishabh riyz

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Quote from: bitcoinvamp on September 21, 2017, 10:30:46 AM

already china has banned bitcoins is there any chance that other countries may ban bitcoins? Huh

China did baned bitcoins , but the miners and the users can use bitcoins .the ban is for converting BTC into cash by placing them in banks .
And about the ban in other countries , it could be because of the anonymous nature of bitcoins transaction. People can fund illegal activities using BItcoins without disclosing their identity.
The other reason could be that bitcoins need people to be educated enough to use and operate a wallet .

Kamal87

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i think It is possible that some countries will ban bitcoin again if they see it as a threat to their financial system or they consider it to be the use of digital currency by people who do something illegal. There are some countries that have banned it for reasons of potentially bubble and breakup after a lot more popular and many people want to have. Evidenced by its skyrocketing value.........

michkima

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I think there are just doing this to create some sort of buzz and well it did. It brought down the prices of bitcoins and almost all the altcoins in the exchanges. The thing is, the whales will now be a lot more richer since they can buy super cheap bitcoins and altcoins. That's the thing with these news. I don't even think they will totally go with that ban anyway.

Zalfa_mui

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Don't get too freaked out by it..
just believe that bitcoin will continue to survive,though without china or any other country.
keep investing in bitcoins.

marketone

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Governments are banning Bitcoins because Bitcoin is not created by them and not controlled by them. Still, the government doesn't have exactly how to regulate Bitcoin and what is the measure they have to take. Government always need Taxes to be paid on time but Bitcoin is killing their taxes so only their banning the Bitcoin.

Pleione527

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As long as the government do not accept the idea of bitcoin and the reason why it is created surely many will still try to prevent the entering of bitcoin into their market. It seems that government of some countries are afraid to the capacity of bitcoin to stand alone in the economy without the need of anyone controlling it and all they can do is to banned bitcoin

CASPER_TEAM

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There a lot of chances that most countries will ban it since they dont know how to regulate it. It will be changed when new clear laws will appear

michellee

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Quote from: DoublerHunter on September 26, 2017, 04:55:56 AM

Quote from: bitgolden on September 26, 2017, 02:44:57 AM

Quote from: Senja Kemuning on September 22, 2017, 04:13:36 AM

I do not think bitcoin banned will be effective, community and bitcoin users spread evenly in many countries so it will not have much impact. it is time for bitcoin to be legalized not banned.

Yeah you are right, it is time for legalization of bitcoins. Bitcoins have proved their worth to the world by retaining their value in the market, although Chinese ban caused fall in the prices of bitcoins but they sustained themselves so it is impossible that bitcoins will be banned in the world. They will keep on recovering their value in the market till no one can compete it.

Bitcoin will not be able to be banned in the whole world because it has a lot of benefits when you have it and you can have a good investment portfolio when you include bitcoin to that. Bitcoin and governments are slowly getting together because the governments are slowly noticing bitcoin that it is getting mainstream because of its features and possible benefits.

many peole which is helped by bitcoin and they know that bitcoin can solve their problem and they still using bitcoin to earn more money. I think someday, bitcoin and government will be cooperate and will walk side by side and it could solve the financial problem for the country and especially for the people but yes its need time before its happen.

DoublerHunter

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Quote from: bitgolden on September 26, 2017, 02:44:57 AM

Quote from: Senja Kemuning on September 22, 2017, 04:13:36 AM

I do not think bitcoin banned will be effective, community and bitcoin users spread evenly in many countries so it will not have much impact. it is time for bitcoin to be legalized not banned.

Yeah you are right, it is time for legalization of bitcoins. Bitcoins have proved their worth to the world by retaining their value in the market, although Chinese ban caused fall in the prices of bitcoins but they sustained themselves so it is impossible that bitcoins will be banned in the world. They will keep on recovering their value in the market till no one can compete it.

Bitcoin will not be able to be banned in the whole world because it has a lot of benefits when you have it and you can have a good investment portfolio when you include bitcoin to that. Bitcoin and governments are slowly getting together because the governments are slowly noticing bitcoin that it is getting mainstream because of its features and possible benefits.

bitgolden

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Quote from: Senja Kemuning on September 22, 2017, 04:13:36 AM

I do not think bitcoin banned will be effective, community and bitcoin users spread evenly in many countries so it will not have much impact. it is time for bitcoin to be legalized not banned.

Yeah you are right, it is time for legalization of bitcoins. Bitcoins have proved their worth to the world by retaining their value in the market, although Chinese ban caused fall in the prices of bitcoins but they sustained themselves so it is impossible that bitcoins will be banned in the world. They will keep on recovering their value in the market till no one can compete it.

Denies

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Quote from: bitcoinvamp on September 21, 2017, 10:30:46 AM

already china has banned bitcoins is there any chance that other countries may ban bitcoins? Huh

many from countries that do not care about bitcoin, even the central government in our country does not respond that bitcoin is a problem. this happens to my country, in my country we are free to use bitcoin and invest. although our government does not legalize and does not prohibit. I think our country will take a positive step on bitcoin.

ropyu1978

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could happen, maybe other countries will follow the steps of china.
or possibly the other way around, like jepan that has legalized bitcoin. and now there are rumors that Russia will engage and legalize bitcoin. all possibilities can happen.

GreenBits

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Quote from: ?? on ??

China has The Great Firewall. They are blocking almost every website that is not appealing to China goverment. Did Facebook and Google die because of it? Of course not, they are known and used worldwide. Same thing goes for Bitcoin. It is widely used by residents of many different countries. Even if it's illegal somewhere to use Bitcoin then what's the problem to use TOR network to send payments and access bitcointalk?

I wouldnt fuck with bitcoin if it actually became illegal, depending on the regime. the gcf is more than a blockcade; it also is an eye into the internet activities of private citizens. bitcoin traffic in its present state is extremely recognizable. at the best, they will confiscate your shit. at the worst, they will confiscate your shit, and arrest you as well. not worth it for something thats only been around for a few years. if you live in a place, abide by its reasonable, or at least enforceable, laws. if you cant do that, you should probably more somewhere else Grin

Catmony

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Quote from: Zylon on September 23, 2017, 09:03:08 AM

Quote from: Anonaneadone on September 23, 2017, 08:24:21 AM

When china bans bitcoin, the other countries are triggered because china is a big influence and yet they ban bitcoin so there is a possible that other countries may try to ban bitcoin

China bans everything Facebook, Google etc.
It is a corrupt system, they don't like freedom.
You can not compare it to other countries.

you are right that China have one of the uglyist political system where there is nothing like freedom and when we talk about financial freedom than its almost zero.

They have very strong anti-money laundering policy so people in china can't move their fiat outside their country and now chinese government are shutting down bitcoin trading platform because chinese were using bitcoin to move their money out of their country.

Few other countries like India might follow this trend.

Zylon

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Quote from: Anonaneadone on September 23, 2017, 08:24:21 AM

When china bans bitcoin, the other countries are triggered because china is a big influence and yet they ban bitcoin so there is a possible that other countries may try to ban bitcoin

China bans everything Facebook, Google etc.
It is a corrupt system, they don't like freedom.
You can not compare it to other countries.

Caelanpelley

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Quote from: bitcoinvamp on September 21, 2017, 10:30:46 AM

already china has banned bitcoins is there any chance that other countries may ban bitcoins? Huh

Well so can a country that will ban bitcoin. But I think people can still use is ,I don't think that they can manage all of it.

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