Is it legal to earn and hold bitcoin ? - page 10.

JeffBrad12

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Quote from: greatr on July 02, 2016, 09:11:29 AM

Quote from: BlackPanda on July 02, 2016, 08:45:36 AM

Quote from: PokerFace3 on July 02, 2016, 04:10:59 AM

As i am from country where bitcoin is stated to be a illegal currency so, its ok to earn form small services and signature campaign here and hold my bitcoins ?
I need some suggestions ?
I love bitcoin and i can't leave it !

I do not understand. basically holding bitcoin is a natural thing, and mean holding bitcoin is legal. there is no rule to say do the holding is illegal.

yes, holding bitcoin is surely a legal thing, it is useful for people to hold in my opinion because it allows you to make some good money really easily in my opinion

i am holding my bitcoins and it is definitely a really legal thing to buy and hold your bitcoins in my opinion, i am holding at the moment because i know that the price is going to grow

just holding it's is legal but some people have a different means, maybe the government has a thing to holding bitcoin is included in illegal activities because I sure holding it's once activity have relationships with bitcoin well the government can define this activity included in the illegal category.

greatr

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Quote from: BlackPanda on July 02, 2016, 08:45:36 AM

Quote from: PokerFace3 on July 02, 2016, 04:10:59 AM

As i am from country where bitcoin is stated to be a illegal currency so, its ok to earn form small services and signature campaign here and hold my bitcoins ?
I need some suggestions ?
I love bitcoin and i can't leave it !

I do not understand. basically holding bitcoin is a natural thing, and mean holding bitcoin is legal. there is no rule to say do the holding is illegal.

yes, holding bitcoin is surely a legal thing, it is useful for people to hold in my opinion because it allows you to make some good money really easily in my opinion

i am holding my bitcoins and it is definitely a really legal thing to buy and hold your bitcoins in my opinion, i am holding at the moment because i know that the price is going to grow

kanoptx

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It's illegal. so, lets say if they can trace a BTC account to you it would be problematic. but the only way to do that is if you have transactions sent from an exchange or another service in your name. so if you just have a normal BTC wallet on your PC there's no way they will know...maybe through the IP, but keeping track of that would make them crazy.

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Quote from: PokerFace3 on July 02, 2016, 04:10:59 AM

As i am from country where bitcoin is stated to be a illegal currency so, its ok to earn form small services and signature campaign here and hold my bitcoins ?
I need some suggestions ?
I love bitcoin and i can't leave it !

Everything cant be legal. Countries will not want that you will earn money for free. Some governments are hyper active and some are simply not bothered about. That god my country is not bothered about bitcoin.

If it is an illegal currency in your country, how can holding will be legal??it's illegal too. Use vpn service before you access bitcoin wallet. Try multicity vpn to be more secure.

BlackPanda

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Quote from: PokerFace3 on July 02, 2016, 04:10:59 AM

As i am from country where bitcoin is stated to be a illegal currency so, its ok to earn form small services and signature campaign here and hold my bitcoins ?
I need some suggestions ?
I love bitcoin and i can't leave it !

I do not understand. basically holding bitcoin is a natural thing, and mean holding bitcoin is legal. there is no rule to say do the holding is illegal.

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Quote from: PokerFace3 on July 02, 2016, 04:10:59 AM

As i am from country where bitcoin is stated to be a illegal currency so, its ok to earn form small services and signature campaign here and hold my bitcoins ?
I need some suggestions ?
I love bitcoin and i can't leave it !

You can do everything you want. Governments can't hold bitcoin and its system.. bitcoin is completely anonymous and no one can trace you.
so in short words yes you can earn and you can hold your bitcoin for long time . and your bitcoins will be safe until you protect the private keys. and don't leak them.
Even I am sure that You can't only hold bitcoin and store bitcoin. but you can easily exchange it and convert it to fiat and use it to buy everything you want. just create a paypal or Perfectmoney and contact a trader who can buy your bitcoin.
but stay anonymous for be safe.

European Central Bank

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are you absolutely positive it's illegal in your country? they might discourage banks getting involved. i can see there's plenty of action on localbitcoins in nepal.

there's a difference between calling something illegal and making it illegal and i'll bet it hasn't been tested in a court. i see that the nepalese central bank said that. the central bank does not pass laws.

people here love to take one comment and run with it. a bunch of posters on here told us it was illegal in taiwan because one guy vaguely related to the government thought it might be a cool idea yet if i have a look they have exchanges and it's all over localbitcoins. you need acts of parliament and stuff.

PeRo

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Well, you are unlucky that Bitcoin is illegal in your country. I would personally use them if I was in a coutry where Bitcoin is illegal. And the goverment can not really see who is using a Bitcoin wallet, so your safe. They can only check if they go house to house and check if you have a Bitcoin wallet. But that isn't going to happen so you are safe.

drwtsn32

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Even though it's illegal, how would they know?
No one can know who owns which wallet. You're safe.

Unless they go into everyone's house, search for every computer, or search for every accounts in the internet within their vicinity.
This is unlikely to happen.

0day

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The governments are unable to find that which person is using bitcoin and which person is holding bitcoin, unless you connect your bitcoin wallet/exchange with your bank account etc, so you are free to earn bitcoin in your country.

MyIdeas

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Yes, you can earn bitcoin and hold them , there are a lot of wallets so you can join one of them which is not banned in your country and then use an exchange to convert your bitcoins to fiat and then with a payment processor you can withdraw your money and can use for your needs.

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Quote from: pocarime32 on July 02, 2016, 07:45:47 AM

Quote from: PokerFace3 on July 02, 2016, 04:10:59 AM

As i am from country where bitcoin is stated to be a illegal currency so, its ok to earn form small services and signature campaign here and hold my bitcoins ?
I need some suggestions ?
I love bitcoin and i can't leave it !

Well, if your country stated bitcoin is illegal, you still can earn it on online. They will not know and yes you can earn and hold your bitcoins.

well sometimes country governments check people browsing history as far as i know so i doubt it would be a problem for them to find out that you are earning bitcoins online

i think it is usually legal to earn and hold your bitcoins, in my opinion it is illegal only if your country has some laws released on it that prohibits the use of bitcoin, there are some countries

akogwapo14

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Quote from: PokerFace3 on July 02, 2016, 04:10:59 AM

As i am from country where bitcoin is stated to be a illegal currency so, its ok to earn form small services and signature campaign here and hold my bitcoins ?
I need some suggestions ?
I love bitcoin and i can't leave it !

If it's illegal to your country don't use it for now earn and save it I think it will accept as a currency in your country in near future ,
Just do it secretly that nobody knows.

shinratensei_

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Quote from: PokerFace3 on July 02, 2016, 04:10:59 AM

As i am from country where bitcoin is stated to be a illegal currency so, its ok to earn form small services and signature campaign here and hold my bitcoins ?
I need some suggestions ?
I love bitcoin and i can't leave it !

Well in my opinions if the bitcoin is stated to be an illegal currency all of your activities having a relationships with bitcoin it's can be included in illegal activities too, maybe you can still use bitcoin but it's will have a riskier. it's too difficult to avoid the bitcoin because you very loved with bitcoin.

plost24

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you are free to do everything with your own bitcoin it is not illegal to hold them or earn anyway even if it is illegal so who will know you
you are anonyme in bitcoin world no one will know your identity or where are you from your transaction or how much you have.
so think about you chose if you like bitcoin so just earn and hold no one will know.

pocarime32

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Quote from: PokerFace3 on July 02, 2016, 04:10:59 AM

As i am from country where bitcoin is stated to be a illegal currency so, its ok to earn form small services and signature campaign here and hold my bitcoins ?
I need some suggestions ?
I love bitcoin and i can't leave it !

Well, if your country stated bitcoin is illegal, you still can earn it on online. They will not know and yes you can earn and hold your bitcoins.

Posum578

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You can hold it by yourself
No one will know you hold it because it is anonymouse
You can still earning with your service and signature campaign and hold it untuil you think the price is worth to sell, and sell it to your local curremcy

PokerFace3

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Quote from: OmegaStarScream on July 02, 2016, 04:57:24 AM

You just said It's Illegal how holding them will be legal Huh

I personally wouldn't care much If it was illegal , I would keep using it. (doesn't mean you should do the same though)
Also what country is that ? Russia is the only one who banned Bitcoin for real I guess ?

Yeah i am from Nepal and the central authority of our country has stated any trade works or any businesses held using bitcoin will be strictly punished
Sad

so i am little afraid of holding my coins too ! that's all..

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Quote from: xht on July 02, 2016, 05:17:04 AM

Quote from: PokerFace3 on July 02, 2016, 04:10:59 AM

As i am from country where bitcoin is stated to be a illegal currency so, its ok to earn form small services and signature campaign here and hold my bitcoins ?
I need some suggestions ?
I love bitcoin and i can't leave it !

Bitcoin isn't illegal but only banned in several countries. I guess as long as there are still places in the exchange of your country so you can still do all of that and I am pretty sure there will not be categorized into illegal action.

OP just stating bitcoin is illegal in his country and he know exactly what the meaning of word "illegal" is as banned close to illegal there's no such important difference which should be mentioned,and I think if bitcoin illegal there,no one will make an exchanger because they'll possibly being prisoned

xht

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hey you, yeah you, fuck you!!!

Quote from: PokerFace3 on July 02, 2016, 04:10:59 AM

As i am from country where bitcoin is stated to be a illegal currency so, its ok to earn form small services and signature campaign here and hold my bitcoins ?
I need some suggestions ?
I love bitcoin and i can't leave it !

Bitcoin isn't illegal but only banned in several countries. I guess as long as there are still places in the exchange of your country so you can still do all of that and I am pretty sure there will not be categorized into illegal action.

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