There would be a huge drop in price but it would find a floor then start rising again.
Also, it's not trivial to ban Bitcoin in democratic countries. There not only has to be a good argument for it but there has to be legal justification unlike in China where a central authority decides everything behind closed doors.
Topic: Harvard Professors Predict Bitcoin Collapse Due to Government Regulation - page 2. (Read 277 times)
January 09, 2018, 12:46:57 PM
January 09, 2018, 12:36:27 PM
This is very possible to happen,some countries start regulating the use of cryptocurrencies i know this is alarming but it is the fact.
January 09, 2018, 12:33:02 PM
How govts would do that? Will police visit every home across the world searching for mining software and check every USB stick and pice of paper after cold wallets 
? How they are planning to deal with decentralized exchanges?
? How they are planning to deal with decentralized exchanges? January 09, 2018, 12:24:38 PM
This threat of financial oblivion will eventually create an environment where regulation will crunch the Bitcoin. Eventually, Bitcoin will be destroyed by the weight of government regulation, Professor Kenneth S. Rogoff believes. This is according to some Harvard economics professors. He said: This is a famous ban on China (ICICI Prasad) and China restricted access to Bitcoin exchange. It has limited reach or exchange of bitcoins and other cryptocurrencies as many countries. This possibility is certainly real for government regulation.
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