I don't think every government is smart enough to know about bitcoin instantly as they did and banning it or at least trying to ban it and only the ignorant people were the victim of this fear caused by the government to panic sell bitcoin and another crypto, and then government buys a chunk or crypto and removes the ban and people cannot complain about it, this is quite retarded and proves the point "A fool is bound to lose the money and continues losing it without learning anything"
The extreme steps taken by some of the governments jumping in to ban the entire cryptocurrency market is childish and the reason is because they do not understand the cryptocurrency market and they make their decision from hear say rather than having someone who understands the market. I am hoping that these foolish government would learn from their mistakes and overturn their decisions when the developed world accepts Bitcoin.
Topic: The Crypto bans are temporary, we are on the right side of history. - page 5. (Read 1193 times)
July 11, 2021, 01:54:15 PM
July 11, 2021, 01:21:06 PM
I guess most of you have noticed the rise in the number of banks and Financial commissions and Governments in different countries announcing bans on crypto purchases using banks, crypto exchanges, and in some case Bitcoin mining crackdowns.
Governments have banned bitcoin seeing the popularity of crypto as they consider it a threat to their governess if all people invest in bitcoin & crypto. Once they will realize it that they can't stop bitcoin, they will unban it and it will be so bullish for bitcoin. As i told many times, this is the best time for accumulation. Anything under 40K is a good buy for bitcoin in mid-term / long-term.
I don't think every government is smart enough to know about bitcoin instantly as they did and banning it or at least trying to ban it and only the ignorant people were the victim of this fear caused by the government to panic sell bitcoin and another crypto, and then government buys a chunk or crypto and removes the ban and people cannot complain about it, this is quite retarded and proves the point "A fool is bound to lose the money and continues losing it without learning anything"
What I also think the governments of different countries were guided to take this action against crypto just like news channels were, I'm sure now no one will dare to call Bitcoin a bubble-like some used to, and the reason being 'they're either paid to or they're ignorant' both reduces their survival chances in this world.
July 11, 2021, 10:12:23 AM
They cannot rule Bitcoin and other cryptocurrencies, so, they make fud
They can't force people to not join in the crypto world directly, that is why they created such bad regulations about crypto.
And they see that many more people are interested in crypto, so, they create more fud and bad news using the powerful media. because media is theirs, and the world is really influenced by media itself.
Just one thing to do, let it be. Live must go on and my life is still for crypto
They can't force people to not join in the crypto world directly, that is why they created such bad regulations about crypto.
And they see that many more people are interested in crypto, so, they create more fud and bad news using the powerful media. because media is theirs, and the world is really influenced by media itself.
Just one thing to do, let it be. Live must go on and my life is still for crypto
July 11, 2021, 09:37:50 AM
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Note that I also think Bitcoin couldn't be banned by any entity. In some occurrences, people would be able to use Bitcoin without revealing their true identity, so they still can use it, even if the condition in which they live are prohibiting Bitcoin uses.
from my conception, it seems as their major objective or concern is to eliminate the existence of cryptocurrency, to achieve profit or benefit towards trader's is not their focus, let us try to be realistic here and penetrate into government to know their target towards cryptocubutrrency, more especially bitcoin.
Sure, we can assume that their motive is to obliterate cryptocurrency since it's beyond their control. My point is if the demand by their people toward cryptocurrencies is enormous, IMO, the last thing that the gov would be able to do is to somehow regulate it. In short, i do too agree with what you stated.so emphasising on the aspect of ban, each country can regulate cryptocurrency in their domain or restrict the adoption of cryptocurrency, so from my view it's only what government can go about cryptocurrency,
July 11, 2021, 08:30:49 AM
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Not to mention, that they could tax any cryptocurrencies trade for their own benefit. July 11, 2021, 07:31:17 AM
I guess most of you have noticed the rise in the number of banks and Financial commissions and Governments in different countries announcing bans on crypto purchases using banks, crypto exchanges, and in some case Bitcoin mining crackdowns. From UK to Japan, Canada (Ontario) to China, but one thing for sure is all those attempts can't stop a force that has already gained momentum. It only signals that the Bitcoin movement is going down the right path of history.
They want to have control of how people spend and transact but with Bitcoin and other cryptos, they are powerless, that's why they are not happy.
In 1996, the regulatory bodies tried to ban Internet phone software, the rest is history
Image source
They want to have control of how people spend and transact but with Bitcoin and other cryptos, they are powerless, that's why they are not happy.
In 1996, the regulatory bodies tried to ban Internet phone software, the rest is history
Image source
Absolutely yes I have to agree with you here. These crypto bans are just FUD stuff but they won’t be for long. Bitcoin and cryptocurrencies are here to stay for a long time. Just strengthen our belief on Bitcoin and cryptocurrencies.
July 11, 2021, 07:17:30 AM
Lol... i have been saying these time without number that cryptocurrency can not be ban even in temporary aspect of it across the nation, we all have the pre knowledge that government is against cryptocurrencies, but since the documents of crypto is not under the custody of government, it's obvious that government doesn't have much right over development and regulations of cryptocurrency, so emphasising on the aspect of ban, each country can regulate cryptocurrency in their domain or restrict the adoption of cryptocurrency, so from my view it's only what government can go about cryptocurrency, saying that they have hundred percent right to ban cryptocurrency, i think it's a fallacy.
The governments were able to "ban" bitcoin in the meantime. But yea, another scenario is if in the countries the demand for cryptocurrencies arises, the gov would find a way to tax it and to control it. Even though they can't implement the full control of the network, I'm pretty sure they will minimize the anonymity and privacy aspect that cryptocurrencies could gave. Like, strict KYC process and etc. Not to mention, that they could tax any cryptocurrencies trade for their own benefit. July 11, 2021, 07:16:57 AM
Yes, bitcoin will become stronger in the future. Although the crypto ban is happening in many countries, but that will not stop bitcoin from growing. Bitcoin will open a new chance for people to have a new way in the financial method.
Maybe the government can not accept bitcoin right now, but they can accept it in the future because bitcoin will have much time to wait until that time. We do not have to worry about the bad news because that will change into good news. The history will repeat in the future and we will see bitcoin makes a new history that will be different from the previous history.
I usually think positively about the future. I understand that those countries who ban crypto have their own stance, they didn't like crypto as they can't control them, they can't use their power instead. But honestly, they just care about their power and personal interest, not the benefits of their countrymen. Maybe the government can not accept bitcoin right now, but they can accept it in the future because bitcoin will have much time to wait until that time. We do not have to worry about the bad news because that will change into good news. The history will repeat in the future and we will see bitcoin makes a new history that will be different from the previous history.
It could just hope that they will consider the importance of crypto in the current generation and they have to forget about what they can get but to look what they can provide fortune to their people which I think was more important...
July 11, 2021, 07:13:13 AM
The governments are trying to ban something, that can't be banned. Some of the regimes (especially in the third world) have a tendency to prohibit new innovations, giving the silliest of the reasons. Here in India, internet was banned for many years (because it was deemed as "dangerous"). Before that, it was not allowed to import computers, as the politicians claimed that computers will result in automation of work and the loss of jobs to unskilled population. Now the children of many of these leaders, who previously opposed computers and internet are working in IT firms. History will repeat with cryptocurrency and Blockchain as well.
July 11, 2021, 06:33:40 AM
Yes, bitcoin will become stronger in the future. Although the crypto ban is happening in many countries, but that will not stop bitcoin from growing. Bitcoin will open a new chance for people to have a new way in the financial method.
Maybe the government can not accept bitcoin right now, but they can accept it in the future because bitcoin will have much time to wait until that time. We do not have to worry about the bad news because that will change into good news. The history will repeat in the future and we will see bitcoin makes a new history that will be different from the previous history.
Maybe the government can not accept bitcoin right now, but they can accept it in the future because bitcoin will have much time to wait until that time. We do not have to worry about the bad news because that will change into good news. The history will repeat in the future and we will see bitcoin makes a new history that will be different from the previous history.
July 11, 2021, 04:54:21 AM
Lol... i have been saying these time without number that cryptocurrency can not be ban even in temporary aspect of it across the nation, we all have the pre knowledge that government is against cryptocurrencies, but since the documents of crypto is not under the custody of government, it's obvious that government doesn't have much right over development and regulations of cryptocurrency, so emphasising on the aspect of ban, each country can regulate cryptocurrency in their domain or restrict the adoption of cryptocurrency, so from my view it's only what government can go about cryptocurrency, saying that they have hundred percent right to ban cryptocurrency, i think it's a fallacy.
July 11, 2021, 02:24:53 AM
in my opinion The way that BTC has gone through ups and downs since its inception there has been a lot of bad news that has brought down the price of BTC but it is clear over the years what discipline BTC has created for that bad news, it grows in the opposite direction of bad things. so it can be said that history will repeat making BTC become stronger and stronger.
July 11, 2021, 02:11:19 AM
Current crackdown is looking bad as of now, but it'll be the best thing for bitconers in the long run. Though many countries are rushing for regulating crypto, but it's good than fuds when another bullish rally is about to happen. Indeed, this type of regulation will diversify many users towards dex as well as fully decentralization system. TBH, it's one kind of advertisement for bitcoin and crypto-currency. 
July 11, 2021, 01:42:35 AM
due to the pressure on miners, everyone will move from BTC and ETH to Tron, we need to buy cheap for now
No body is going to move and invest in a shitcoin like Tron. Justin Sun doesn't let go any opportunity where he can market his coins for temporary pump and then himself dump on the investors. These days he is targeting miners and encouraging people to invest in Tron. Don't fall for this scam. Bitcoin and ethereum are here to stay and miners will move out of china and will continue to mine bitcoins.
July 11, 2021, 01:38:45 AM
I guess most of you have noticed the rise in the number of banks and Financial commissions and Governments in different countries announcing bans on crypto purchases using banks, crypto exchanges, and in some case Bitcoin mining crackdowns.
Governments have banned bitcoin seeing the popularity of crypto as they consider it a threat to their governess if all people invest in bitcoin & crypto. Once they will realize it that they can't stop bitcoin, they will unban it and it will be so bullish for bitcoin. As i told many times, this is the best time for accumulation. Anything under 40K is a good buy for bitcoin in mid-term / long-term.
July 10, 2021, 01:26:47 PM
That's one solid example to tell others who are in a state of panic by looking at these FUD these days. This post shows how one important revolution faces so mamy obstacles to prove its worth.
Bitcoin has already proved its worth as it's momentum has already reached a level to revolutionize the whole financial industry.
It's just a matter of time now when bitcoin will be widely adopted and accepted by mainstream merchants.
Bitcoin has already proved its worth as it's momentum has already reached a level to revolutionize the whole financial industry.
It's just a matter of time now when bitcoin will be widely adopted and accepted by mainstream merchants.
July 10, 2021, 12:22:41 PM
With each new technology, people have a negative perception of it, and over time it becomes more and more popular. Old habits and conventional meditative ideas become human habits and it takes some time for people to abandon them and adopt new ones. We have noticed this in almost every case and at present, we see much the same in the case of cryptocurrency. The governments of various countries have now imposed restrictions on cryptocurrency and are reluctant to use it. However, as its popularity and demand increase, in the future, the representatives of all these countries will welcome it. And I guess that's going to happen soon.
July 10, 2021, 11:36:02 AM
They can ban the financial regulatory bodies to indulge in crypto business and ask customer not to make any crypto investment through their bank but how come can they stop people from using it and was this not the aim of decentralised currencies like bitcoin to avoid these Central authorities to take off your financial freedom but in actual they can't stop it's adoption so there is nothing they can do it to Stop it as they have also seen in the past.People will find alternate ways to take active part in this crypto revolution.In 1990's people were not very active on internet and think it will not be of much use but rest is history and same will happen with bitcoin.
July 10, 2021, 10:44:08 AM
if we look at history it can be said that the crypto ban is only temporary, everything that the government can't control, they will definitely do everything they can to ban bitcoin, that's the attitude of the government, justify any means to be theirs, if not in under their control, they will definitely do everything they can to destroy it..
I must agree with your thoughts here. Based on past events, crypto bans can be temporary and will be lifted as the government also decide to step into the regulation of crypto by themselves. Anything that they want to control that is out of their hands, will be tried to tear down or be adapted so power to control by the government themselves will be obtained. July 10, 2021, 10:23:44 AM
if we look at history it can be said that the crypto ban is only temporary, everything that the government can't control, they will definitely do everything they can to ban bitcoin, that's the attitude of the government, justify any means to be theirs, if not in under their control, they will definitely do everything they can to destroy it..
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