Topic: Guys what you think will happen if many countries ban Bitcoin ??? - page 2. (Read 292 times)
January 10, 2018, 06:25:24 PM
What will happen is in my opinion difficult to predict. We all have opinions but i think its can go certain ways. As you can follow in recent news its a fact that big banks are already investing in cryptocurrency big time so that will make it even more difficult. Governments want to regulate it and when they realize thats almost impossible they going to tax it hehe time will tell
January 10, 2018, 06:19:27 PM
This will probably never happen in most countries. There is already so much money invested in cryptocurrency, it would be very difficult for governments to ban it.
January 10, 2018, 06:17:50 PM
Guys what you think will happen if many countries ban Bitcoin 
There is only one question.. if they all decide to do exactly the same, then a lot of people will try to figure out how the hell to try to use it.
Anyway, we are going to find a way out to keep using bitcoin or cryptocurrencies, just like it is happening right now.
The American people who is not allowed to invest in ICO's, are still doing it so by other ways, there is always a path to still do it, so i do not understand why you are really asking that.
January 10, 2018, 06:12:47 PM
It will be bad for Bitcoin, the first things that going to happen is there will be panic sell and dumping, so it will caused the price to fall down sharply, and with the banning situation it will be hard for most people to do transaction, if all country banned Bitcoin then it can be the end of bitcoin
January 10, 2018, 06:09:22 PM
Guys what you think will happen if many countries ban Bitcoin
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.
January 10, 2018, 06:06:17 PM
If many countries ban bitcoin its price will have a free fall because lots of people would walk away by taking their investments and get out of crypto market, hope it never happens.
January 10, 2018, 06:02:55 PM
Guys what you think will happen if many countries ban Bitcoin
The price will fall. It's pretty clear, supply and demand and all that. Banning means price falls and supply momentarily increases as people dump their coins, hence price falls.
January 10, 2018, 06:00:40 PM
Guys what you think will happen if many countries ban Bitcoin
There is going to be a divide between bitcoin users, some are going to keep holding and some will sell, this will make the price of bitcoin to go down temporarily, but eventually bitcoin will begin to make a comeback and governments will understand they will have no other choice but to accept bitcoin and try to regulate it but by that time it will be too late since people will feel the weakness of the governments. 
January 10, 2018, 05:29:11 PM
I originally thought that if a lot of countries came together this would mess up bitcoin but now I am thinking first that is not too likely given each government has their own wants and needs. And second but more importantly you are gonna try shutting down the internet and throwing everybody in jail? Good luck I don't foresee it happening, although if it did happen I would understand why.
January 10, 2018, 05:09:39 PM
Bitcoin existence and progress does not depend on any government, So banning of Bitcoin will not have any long term effect on Bitcoin.
January 10, 2018, 05:05:42 PM
If ever that many countries would ban bitcoin, its price would fall back down due to the reason that the trade and volume makes its price grow that up high, and the community itself will decrease so do the coin.
January 10, 2018, 04:35:22 PM
Countries do not want to ban them, sooner or later they will have to accept it, because there are many ways to continue with that market without any follow-up.
January 04, 2018, 01:15:01 AM
Guys what you think will happen if many countries ban Bitcoin
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