government and bitcoins banning - page 7.

Palmerson

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Quote from: SMSabuj on September 22, 2017, 04:59:23 AM

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

Yes, it's can be. Already some of the counties are banned Bitcoin. And a lot of countries do not accept Bitcoin. Because all of the countries who are banned Bitcoin they are afraid Bitcoin. They believe that someday Bitcoin will be a thread for their economy. But no one can stop Bitcoin growing.

You can easily stop bitcoin. When you change your bitcoin into Fiat currency you become visible to banks. Banks in the same way as governments are not interested in the prosperity of bitcoin in this war will be on the side of the state. Only trade directly with bitcoin can protect us from the power of the government.

BrewMaster

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Quote from: iram1011 on September 21, 2017, 12:37:10 PM

Quote from: BrewMaster on September 21, 2017, 11:32:35 AM

Quote from: iram1011 on September 21, 2017, 11:15:08 AM

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

When did China ban Bitcoin?? Wan't it just exchange ban??

in the FUD they banned bitcoin, and those who are shorting bitcoin are pushing for the fake news today again.
in reality they have just closed exchanges (not banned) and banned ICOs (which has nothing to do with bitcoin since nobody even buys into ICO with bitcoin) and they also never talked about banning bitcoin so far.

Damn! Then why so many people are sad for nothing? LOL!

Atleast people should check the source before making claims. Enough of these rumors. People keep on propagating false news and ultimately who enjoys profit is bulk holders.

When it comes to China, government has only closed exchanges. But soon they'll be launching their own cryptocurrency through which people can easily buy Bitcoin. But all the funds coming and going from bank would be under government scrutiny through their cryptocurrency. This is what they wanted to achieve. They never wanted to ban Bitcoin.

well China is always known to be restrictive with all their great firewall of China and all the other weird stuff that is going on there. that is why people have an easier time believing the FUD the comes from China.

in fact i believe it is possible that some day they even ban bitcoin. but so far in the past 8 years they have not done anything in that regard and this time they don't seem to have the intention either.

about their own cryptocurrency i have to say it will be another option. it won't probably even be mineable and will be closed source which means it has no effect on bitcoin.

Doell

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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

banned bitcoin in other countries as it has done in China, all of it could happen in terms of the country's economy declining by using bitcoin and also how much loss the government's has invested in bitcoin, all that can happen.

SMSabuj

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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

Yes, it's can be. Already some of the counties are banned Bitcoin. And a lot of countries do not accept Bitcoin. Because all of the countries who are banned Bitcoin they are afraid Bitcoin. They believe that someday Bitcoin will be a thread for their economy. But no one can stop Bitcoin growing.

matuson

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I'm sure the Chinese will join the Americans. They are primarily interested in the destruction of bitcoin. Bitcoin now creates the outflows from the dollar, but it is not critical. I think that the Americans will not have to wait for the full destruction of the dollar and starts a war with bitcoin.

alex 666

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this is fake news from china (Drama) to make price down and buy many bitcoins so they can make price rise up again to the moon

coinzoid

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If China decides to ban Bitcoin along with exchanges then it would be a terrible blunder for her. Currently crypto world is a chess game between people and governments and apparently China does try to have strong hands by forcing some rules & bans.

talkbitcoin

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

already china has banned bitcoins

did they already do it Cheesy

when? maybe in an alternate universe they did it and we didn't have a window to see over there but you had.

Quote

is there any chance that other countries may ban bitcoins? Huh

that would be a 180 degree change since other countries have already adopted bitcoin and made it legal even.

Senja Kemuning

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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.

irsada

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Quote from: ajmapalo22 on September 22, 2017, 02:43:57 AM

Yes it is possible that other country may ban bitcoin it is because the government are afraid that bitcoin can become a threat to their economy since its very volatile and unstable if their market will adopt it the government can't control the circulation of money in their country which I think the main reason why they didn't like it, But since crypto currency is growing now and many start to adopt it I guess the government need to adjust on that.

Yes, you are right
there is the possibility of other countries doing the same
probably because it does not know the benefits of this bitcoin
which they know only in the negative side.
they do not know so much about the positive side of this bitcoin.

ajmapalo22

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Yes it is possible that other country may ban bitcoin it is because the government are afraid that bitcoin can become a threat to their economy since its very volatile and unstable if their market will adopt it the government can't control the circulation of money in their country which I think the main reason why they didn't like it, But since crypto currency is growing now and many start to adopt it I guess the government need to adjust on that.

yishak

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First of all , China didn't ban bitcoin, they banned bitcoin exchange sites. And even if China does ban bitcoin so what ? Bitcoin price will go down but only for a short amount of time then it will recover. Bitcoin won't die just cause some country banned it.

SvenBomvolen

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China didn't ban bitcoin actually, they banned ICOs (which about new coins and tokens), they banned exchangers, but mining by which China is on the first position in the world, they didn't touch, yet. The Chinese government sum ply trying to regulate bitcoin, it's a big and rich country and we may only guess how much money were washed out through digital currencies. I suppose we don't need to worry about other countries' decidion in this point, cause of now they gonna look on China and their economy after this banning and if it go down, I doubt that countries with weak economy will ban bitcoin as well, they better will follow Australian and Japanese examples, but not Chinese.

TonixGaming_14

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AGATE

government is banning bitcoin for its use not itself because bitcoin will never been ban forever no one can hack or remove bitcoin easily because it encrypted.

Zicadis

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Dump it!!!

Quote from: iram1011 on September 21, 2017, 11:15:08 AM

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

When did China ban Bitcoin?? Wan't it just exchange ban??

Thats exactly the same question I was about to throw to the OP.. as far as I know, China has banned cryptocurrency trading which is expected to be in full effect on September 30th as can be read here---> https://www.theverge.com/2017/9/18/16326078/chinese-regulators-ban-cryptocurrency-platforms-bitcoin and imo I think this is temporary as they will relaunch with new regulations enforced.

BY_ATOM

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This is all done to control the movement of the money supply. The usual practice of any state.

piloder

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More government might join this chinese shit rally soon if they can completely ban use of bitcoin in chinese territory which I think quite impossible. People might still use usual bitcoin wallets through VPN channels or via TOR network. How they gonna stop this?

Chinese are known for creating their own version of any successful product so I think they are now on their way to develop something similar to bitcoin and might call them as chinese bitcoin. LOL Grin

Rahar02

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Quote from: InvoKing on September 21, 2017, 10:50:30 AM

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

The only way to ban bitcoin is to ban the Internet in the entire country (north Korea style).
Even in this case, you will just limit the number of people accessing it because they can move to another country (South Korea, Japan...) and buy bitcoin or even in Hong-Kong and Taiwan. Even dark market could be an alternative
For trading you need an exchanges that accepts Tor or vpn.

Agreed, it's not easy to completely ban bitcoin in a country as long as there's internet connection, even in China after all exchanges shut down; people could trade bitcoin over the counter through telegram without any exchange as the middle man but it's risky.
But, a big country ban cryptocurrency trading will cause a significant effect to the market, and there's some chances bitcoin will be ban again due to most countries all over the world doesn't have regulations about bitcoin, except for few countries that have regulated bitcoin such as in Japan.

pooya87

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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

yes and Shagga, son of Dolf will cut off your manhood if you use bitcoin and feed you to the goats. you are already on his list because you came on bitcointalk. you better run away now. and stop buying bitcoin, he knows that you have posted this to start buying bitcoin cheaper.

ethereumhunter

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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 is always any chance for other countries to banned bitcoin but i don't think that they want to ban bitcoin because if they read in many article, they will think twice to do this. maybe they can not make any regulations related with bitcoin but if they realize that bitcoin can solve their economy problem and the best thing is bitcoin can solve peoples poverty.

Topic: government and bitcoins banning - page 7. (Read 2991 times)