My country banned bitcoin. What I can do ? - page 16.

Getmon

sr. member

Activity: 1400

Merit: 273

Quote from: Farhan786 on May 20, 2018, 03:30:16 PM

I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.

My country Bangladesh.

Apologies if this is not the right place to discuss.
Thanks in advance.

How tight is the ban in your country against Bitcoin? If I am not mistaken, even if there is an ongoing ban against Bitcoin in other countries, they can still buy and sell Bitcoin. Although this could only be done on a peer-to-peer level, away from any exchange platforms which are duly registered legally. And then, the online world is pretty open. You can always read and study, promote, and even use your Bitcoins in purchasing goods online.

Mofazzal840

newbie

Activity: 105

Merit: 0

I can say about the fact thar it is a not matter to us.If have bitcoin,you can transfer btc from your wallet to others wallet.Then you can earn money, by changing your btc to third party .It is possible for you.So you don't worry about this matter. After all carry on.

aileenc

newbie

Activity: 97

Merit: 0

We just need to wait now. I am sure this ban is only temporary.

bachsoi2799

newbie

Activity: 23

Merit: 0

Quote from: Farhan786 on May 20, 2018, 03:30:16 PM

I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.

My country Bangladesh.

Apologies if this is not the right place to discuss.
Thanks in advance.

I am sad with you. Find out why your country forbids bitcoin. If it affects the economy of the country then you should also comply with the law.

Keeping Up

member

Activity: 230

Merit: 22

Staker.network - POS Smart Contract ETH Token

as of now it will be better to first follow your laws.
it will not be beneficial if you have a lot of bitcoin but you are inside a jail, right?
let them ponder first if the law they created is good for its citizen or not.
always be careful Cheesy

JakeJM0st

newbie

Activity: 65

Merit: 0

Its unfortunate that happened to your country, There is a tendency of countries banning Bitcoin of late., something that has had very negative effects on the coin, You have an option of moving to a more Bitcoin friendly country if you want to stay active,I hope there is much progress in this relationship, because I believe that bitcoin will eventually get global adoption, and even the countries that ban it now, will change their laws again, after developed countries other than japan, bitcoin is also categorized as currency by luxembourg.

Bitdressa

member

Activity: 303

Merit: 12

if indeed this is eliminated then I will seek additional income in other ways and also of course in accordance with the capabilities that we mastered.

Delinquency

sr. member

Activity: 560

Merit: 250

If government define bitcoin as "illegal" you can do nothing but waiting. If we are talking about real money (i mean big numbers) you can travel to another country to change your BTC to dollar. Or if you have really really good friend he can do that and transfer your money to you. And last option is local blackmarket but i dont recommend it because it's very very risky. I hope you solve your problem as soon as possible.

Turkish88

full member

Activity: 714

Merit: 104

I am sure this ban was temporary.
Because price of btc now low, need to wait now.
tomorow when price going up ban also will be canceled

GeniusAko

full member

Activity: 434

Merit: 117

Quote from: Farhan786 on May 20, 2018, 03:30:16 PM

I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.

My country Bangladesh.

Apologies if this is not the right place to discuss.
Thanks in advance.

If bitcoin banned in your country, then you can't use it anymore. You should obey the laws implemented by your government. The best thing that you should do is you should just save it in cold storage and do long term investment.

jimskiy

full member

Activity: 574

Merit: 100

Bitway.net - The Best Bitcoin Mining Network

Your country was banned bitcoin you have keep work with bitcoin and cryptocurrency, you can use your bitcoin or your altcoin convesrt to another virtual money like paypal, payza or perfect money. Always have thousand way for cash or withdraw bitcoin to cash money, never afraid about your country rule was banned bitcoin trasanction because you have more way for withdrawing your bitcoin to be cash money. But you have pay more for your convesrt transaction.

Baekhyun

newbie

Activity: 105

Merit: 0

you can't do anything because you have no authority, maybe if you really love cryptocurrency you have to immigrate to the country that legalize it. The choice is quite difficult, but it will be useful in the long term.

kumarrajuiitd

newbie

Activity: 224

Merit: 0

Quote from: Wahyud11 on May 20, 2018, 04:02:21 PM

See why bitcoin is prohibited
if it is prohibited for reasons that could harm the country
then I will abide by the rules of government, but if bitcoin benefit the country but bitcoin is prohibited I clearly disagree

In India also bitcoin exchanges has been blocked by the Reserve bank of India. As RBI is thinking that people may evade taxes or more black money will generate. As the RBI will cover these conditions then they might come with other solutions.

Soots

sr. member

Activity: 1050

Merit: 251

Quote from: mdzahed134 on July 09, 2018, 05:15:24 PM

When it is declared illegal, know something about the exact year?
And i want to know Despite being illegal, at present how you will be make transaction? Whatever this is very sad news for those BTC lover.If BTC transaction is very safely done so don't worry your every information are hide.

That's right, we shouldn't allow anxiety to fail you with your bitcoin transactions. There were many ways to deal with the legalities, and as long as you're confidently facing your challenges in life nothing could stop you from earning bitcoins for daily living. We should be thankful enough that decentralized currency works through internet web, because it really provided everybody a freedom to make bitcoin as independent money making.

Haiishdh

newbie

Activity: 21

Merit: 0

Best way around is to go to another country in which bitcoin is clearly expected to grow and utilize and that is good to hodl some.

coinminerdotcom

jr. member

Activity: 108

Merit: 6

Unfortunately one has to make major life decisions when the laws of their land takes hold of your livelyhood. I see that many have stated looking at other countries, and that does seem to be the best decision for someone looking to pursue not only bitcoin but other alt coins. Having the government on your side can drastically effect how your live your daily life. Gotta stay legal to stay out of trouble.

mdzahed134

sr. member

Activity: 2128

Merit: 259

SOL.BIOKRIPT.COM

When it is declared illegal, know something about the exact year?
And i want to know Despite being illegal, at present how you will be make transaction? Whatever this is very sad news for those BTC lover.If BTC transaction is very safely done so don't worry your every information are hide.

Ghayoor

newbie

Activity: 196

Merit: 0

Quote from: MadaraAvenger on July 09, 2018, 08:58:34 AM

That is bad:(. I saw a lot of ICO's that are have Bangladesh country restricted so I guess the country laws are against bitcoin and crypto currencies Sad

.

i think you should leave your home town if its possible because bitcoin is the only way which can make your dreams true.

ballexplorer

member

Activity: 201

Merit: 11

That's not good and I can understand your concern. I would store the bitcoin in a safe place. It is possible that one day the Bitcoin will be accepted all over the world and then your country will change the laws and the BTC will become legal again.
Maybe you also have the opportunity to leave the country and go to another country where the bitcoins are allowed and where you can pay with bitcoins

abc_crypt

newbie

Activity: 65

Merit: 0

Buy yourself a few individual proxy addresses and install yourself in the browser extensions for their use. If you use proxy addresses, you will hardly be found. The state does not strictly control the activity of the cryptocurrency.

Topic: My country banned bitcoin. What I can do ? - page 16. (Read 3973 times)