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Topic: Guys what you think will happen if many countries ban Bitcoin ??? (Read 292 times)

hero member
Activity: 729
Merit: 502
This is not gonna happen.
But if it will happen (in some of parallel universe) the price will go down instantly.
member
Activity: 122
Merit: 15
Long Live BTC
I think if it will happen bitcoin will slowdown its rate because of the demand and supply.Based on the article I have read the cause of banning bitcoin is  because some people are using bitcoin in illegal transacstion.But i hope more countries will understand the good thing and benefits from bitcoin if its happen i think its rate will be increase.
member
Activity: 98
Merit: 16
I think this is not possible, but if that happens, we can trade by going over the wall to another country's IP address. Bitcoin can make transactions as long as it has the Internet.
full member
Activity: 350
Merit: 107
If many countries ban bitcoin, it can affect to its value because many investors will not invest it and bitcoin value will going down and hard to rise up again. But it is impossible to be happen that many countries will ban it. Instead they accept it for a faster transactions.
sr. member
Activity: 686
Merit: 250
Guys what you think will happen if many countries ban Bitcoin Huh

First i will say that country or government will not ban bitcoin wothout any reason and never many country will ban bitcoin. Dont worry about that.
However, bitcoin can be dropping so much in price if many government decide to ban bitcoin.
At first law enforcement agencies claim that because of its anonymity, criminals are able to get away with a lot of crimes but nowadays they are able to track bitcoin transactions with some ease so I don’t think this is not going to be the reason why people are going to ban bitcoins. There is not going to be a global ban on bitcoin at all.
Even if that is the case be prepared for those arguments to be used against bitcoin, politicians have no problems telling lies and deceiving the public to get what they want, there are so many examples of that that is a cliché that politicians are a bunch of liars that cannot be trusted, the only issue is if they are going to be able to enforce the ban and to me that is impossible.
member
Activity: 95
Merit: 10
Guys what you think will happen if many countries ban Bitcoin Huh
If many countries banning Bitcoin are bad things will happen, Bitcoin will be at risk because many investors will sell and abandon it. Bitcoin prices can go down quickly in a short time.
full member
Activity: 420
Merit: 101
If countries with a strong economy will ban bitcoin and crypto in general, it will be very bad. If not the end for all crypto, then at least there will be a very long stagnation. I do not think that this is possible, but if so, then the ban will only be until they find a suitable option for introducing the crypto currency into the economy, without prejudice to the government.
sr. member
Activity: 343
Merit: 250
Guys what you think will happen if many countries ban Bitcoin Huh

If there are too many countries ban Bitcoin and after that those countries which the Bitcoin has not banned and the economy will prosper so much. They will unban Bitcoin and they will join other countries who accept Bitcoins. Bitcoin is the newest electronic currency and the world needs to accept changes.
full member
Activity: 484
Merit: 100
Guys what you think will happen if many countries ban Bitcoin Huh
As you have seen in the days before China and Korea had policies to limit the development of crypto in their countries, the market began to rebellion. Many investors fear to sell everything they own, if all countries banned Bitcoin, it may end.
sr. member
Activity: 420
Merit: 252
This is a possibility, and i worry about that. In this situation governments all around the world could create a common currency, widely accepted and regulated. After this we can say good bye for descentralization and deflationary ideas.
legendary
Activity: 1568
Merit: 1002
Guys what you think will happen if many countries ban Bitcoin Huh
What we need is the confidence to choose bitcoin, can not imagine if many countries will ban bitcoin. The lower the price because people are selling bitcoins to keep them in prison by their country, I have a suggestion we should not stay silent on this issue, we have the right to vote as good citizens.
jr. member
Activity: 518
Merit: 1
If this happens it will be a mess in the crypto market. As much as they say that bitcoin is decentralized and independent, people are still hostage to their repressive governments
full member
Activity: 770
Merit: 113
It's like a disaster. If that happens then the price of cryptocurrency will fall down deeply. Massive dump. That will be the beginning of the destruction of cryptocurrency. Hope it does not happen. So far the government has realized that cryptocurrency has a positive impact, but has not been able to overcome the negative impact that may occur.
full member
Activity: 294
Merit: 101
Streamity Decentralized cryptocurrency exchange
It can happen because nothing is impossible in life so work hard now and save some money while you can ,if that happen the bitcoin will no longer can be use by many people but still it give so much conveniece now so don't think like that and always think positive like move forward to earn money for the safety of your future and to secure it.
sr. member
Activity: 405
Merit: 251
since I saw bitcoin on the currency site, I think bitcoin will be even more popular.
may be banned because it still can not be used by many people.
not many people know about bitcoin in my country. not many people have learned about bitcoin yet. let alone for previous generations, probably because that would make them ban bitcoin. if bitcoin is banned in many countries, just use bitcoin in a country that legalizes bitcoin lol
oh, or maybe it should be on sale soon Grin
sr. member
Activity: 686
Merit: 250
Guys what you think will happen if many countries ban Bitcoin Huh

Cryptos will become a fringe plaything. Most law abiding citizens will choose to follow the rules, even if they don't make sense. Like Jamie Dimon said, Bitcoin will be used by criminals and libertarians and nobody else.
It is not like we have major adoption yet either and only a handful of countries have banned bitcoin, so at this time I do not think bitcoin will be that affected by a ban, and once the rest of the citizens begin to adopt bitcoin they will have no option but to regulate it or they risk that many of those citizens decide to keep their bitcoin anyway.
sr. member
Activity: 868
Merit: 266
Guys what you think will happen if many countries ban Bitcoin Huh

First i will say that country or government will not ban bitcoin wothout any reason and never many country will ban bitcoin. Dont worry about that.
However, bitcoin can be dropping so much in price if many government decide to ban bitcoin.
At first law enforcement agencies claim that because of its anonymity, criminals are able to get away with a lot of crimes but nowadays they are able to track bitcoin transactions with some ease so I don’t think this is not going to be the reason why people are going to ban bitcoins. There is not going to be a global ban on bitcoin at all.
jr. member
Activity: 107
Merit: 1
The World’s First Blockchain Core
If many countries ban btc than people would lose interest making the fall in btc price and cashing it out would be very hard,
member
Activity: 210
Merit: 10
Bitcoin will eventually collapse if most of the countries will ban it,but it wont be a problem if they only regulate its use.
member
Activity: 238
Merit: 10
Guys what you think will happen if many countries ban Bitcoin Huh

First i will say that country or government will not ban bitcoin wothout any reason and never many country will ban bitcoin. Dont worry about that.
However, bitcoin can be dropping so much in price if many government decide to ban bitcoin.
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