Topic: The Government Could Shutdown Bitcoin? - page 3. (Read 705 times)
So basically the way government if they want to shutdown bitcoin is they manipulated the market by controlling the price steady at $1000 but i think it's not simple such as that because if bitcoin can shutdown easilly then it's already done from several years ago and bitcoin already died because i'm sure some of countries in the world attempts to shutdown bitcoin and failed and government indeed can minimize access to the people to used bitcoin but to shuttingdown it i think it's cannot be done
As bitcoin is decentralized no government can ban it. Until and unless people stop using it government can't do anything with this.Yes there are pumps and dumps in bitcoin go check bitcoin chart how much it is increased and decrease.
The government body was only specific on their rule of law on a certain country, and with bitcoin's issue, there's no binds between them. Government is only focused on centralized banking system, that's why with bitcoin's independent character; the banning idea only affects for their citizen. But the whole world still remain solid and vocal that cryptocurreny will always be their preferred asset that can sustain for such a long time, which can be more potential than any physical asset like gold.
I read this article online that the government could stop the Bitcoin? Easily using a simple trick.
Making the bitcoin market price staying in under a 1000$ for a long time and wait for the people to lose interest in it.
In other words you are saying the bitcoin will be controlled by a single power?Making the bitcoin market price staying in under a 1000$ for a long time and wait for the people to lose interest in it.
Seriously! What is wrong with you people? When you see a sudden fall then you lot start to panic and forget about this that this kind of things happened thousands times with Bitcoin but still it had 20,000x gains against this shit dollar currency.
You people really do not deserve bitcoins. If you are not okay to hold your coins if the price goes down to $1k (which is highly unlikely) then you people really do not deserve to see bitcoin price to have $100k against this dollar shit.
Bitcoin has been existing for more than a decade, but it is still existing, each government are almost in favor with Bitcoin but they can't do anything to stop it, in fact the word of Bitcoin has risen and the demand for it is continuously rising, so the government can have no power to shutdown it, because if they have, they must have been done it before the mass adoption.
Thinking the same, because bitcoin is just like the internet the government cannot just shut it down.What is your opinion about this? Could the government do this?
https://bitcoinist.com/bitcoin-could-be-stopped-by-governments-pretty-simply/
I think this won't happen because market have natural ways to handle this.https://bitcoinist.com/bitcoin-could-be-stopped-by-governments-pretty-simply/
If there is demand to buy/sell market reacts in a way it stops too sudden price movements.
Then people would realise what is happening, who is buying/shorting and why, they should act in opposite way to balance things.
But they cannot increase the supply of bitcoin in the market.
What is your opinion about this? Could the government do this?
https://bitcoinist.com/bitcoin-could-be-stopped-by-governments-pretty-simply/
I think this won't happen because market have natural ways to handle this.https://bitcoinist.com/bitcoin-could-be-stopped-by-governments-pretty-simply/
If there is demand to buy/sell market reacts in a way it stops too sudden price movements.
Then people would realise what is happening, who is buying/shorting and why, they should act in opposite way to balance things.
I'm not saying that Bitcoin will not go back to $1000 again but I don't think that there is a chance that it will go to that price again and if it will happen like I said, more and more investors will invest in Bitcoin making the price to go up again.
People need to understand that the only metric that matters long term speaking, is the bottom to bottom development. Thus far we have consistently had a higher bottom, so purely based on that, we will not even see $3000 back. Focusing on the peaks is just retarded because that's indicative of extreme fomo and hype. No market has ever sustained prices reached during such cycles.
It took a while for people to finally give up on $100 to ever be reached again, and now we have to wait for people to give up on $1000 to ever be reached again.
I don't even think an implosion of tether can get the price to sink that low. We have had nearly two years to shake off sellers between $20,000 and $3000 and most of them have been shaken off. Wherever we end up bottoming in the forthcoming months, it will be well above the previous bottom.
I read this article online that the government could stop the Bitcoin? Easily using a simple trick.
Making the bitcoin market price staying in under a 1000$ for a long time and wait for the people to lose interest in it.
And after people lose interest on it, they will sell right? Making the bitcoin market price staying in under a 1000$ for a long time and wait for the people to lose interest in it.
.Investors like these are the stupid investors who didn't know when to wait when prices are going down. Fuck the government if they will do things like this. Many governments are either neutral or supporting cryptocurrencies. If price of Bitcoin goes to 1k again (if it will but I don't think so), then more and more investors will invest their money making the price of Bitcoin rise again.
For me, this is easier said than done, making the bitcoin market price lower than 1000$ would encourage investors to invest in bitcoin that will inevitably affect the market price.
4 words for this. IT WILL NOT HAPPEN.I'm not saying that Bitcoin will not go back to $1000 again but I don't think that there is a chance that it will go to that price again and if it will happen like I said, more and more investors will invest in Bitcoin making the price to go up again.
So price control is what you are saying in order for the government in order to shut down bitcoin? Let users lose interest and hope in it by dumping its price to below $1000. That will cost the government a lot of money and time in order to do that, not wise for the government.
As bitcoin is decentralized no government can ban it. Until and unless people stop using it government can't do anything with this.Yes there are pumps and dumps in bitcoin go check bitcoin chart how much it is increased and decrease.
in market expectations, someone creates a fud because they know the real conditions, after they buy at a lower price, then they will give the opposite news, the government only wants to control the supply when they take assets dominantly. If bitcoin is pressed below $ 1K suddenly, many people will become increasingly aware of the benefits of bitcoin through news that is spread from active holders outside the government.
I read this article online that the government could stop the Bitcoin? Easily using a simple trick.
Making the bitcoin market price staying in under a 1000$ for a long time and wait for the people to lose interest in it.
For me, this is easier said than done, making the bitcoin market price lower than 1000$ would encourage investors to invest in bitcoin that will inevitably affect the market price.
What is your opinion about this? Could the government do this?
https://bitcoinist.com/bitcoin-could-be-stopped-by-governments-pretty-simply/
As long as bitcoin have value , there can be no one that can disrupt bitcoin, or even shutdown bitcoin, if the value goes under 1000$Making the bitcoin market price staying in under a 1000$ for a long time and wait for the people to lose interest in it.
For me, this is easier said than done, making the bitcoin market price lower than 1000$ would encourage investors to invest in bitcoin that will inevitably affect the market price.
What is your opinion about this? Could the government do this?
https://bitcoinist.com/bitcoin-could-be-stopped-by-governments-pretty-simply/
still bitcoin wins why because bitcoin price since 2009 versus today is still a win, situation, and it will only make bitcoin enthusiast to buy more
the lower the price the better, since the price is lower there is a possibility to go up, because the government can't stop the trading for the crypto currency
since they allow trading, remember this trading company pay taxe's and when the government get taxe's its good for them there is no way for them to stop it
It's just a lame query, You are a full member of this forum so you have to know at least who can control this Bitcoin platform or not, It's sad but true that when the price started falling then a group of people started talking about the potentiality of Bitcoin, it's not a good practice at all, You should know that Bitcoin is not controlled by any single person or organization, No one country or government could handle this price or this platform, So how can a government pushed the price under 1000$, That's a ridiculous thinking, You people creating a panic situation but it would not be harmful to this platform because most of the people know the actual facts and finding of this platform.
I read this article online that the government could stop the Bitcoin? Easily using a simple trick.
Making the bitcoin market price staying in under a 1000$ for a long time and wait for the people to lose interest in it.
For me, this is easier said than done, making the bitcoin market price lower than 1000$ would encourage investors to invest in bitcoin that will inevitably affect the market price.
What is your opinion about this? Could the government do this?
https://bitcoinist.com/bitcoin-could-be-stopped-by-governments-pretty-simply/
Very easy for government want to banned bitcoin although nothing fault make by bitcoin investor, look what happen in China when they have banned using bitcoin as legal currency and not available for their people have investment in bitcoin, the same problem happen with India have banned using bitcoin and close all exchange bitcoin market available there. Making the bitcoin market price staying in under a 1000$ for a long time and wait for the people to lose interest in it.
For me, this is easier said than done, making the bitcoin market price lower than 1000$ would encourage investors to invest in bitcoin that will inevitably affect the market price.
What is your opinion about this? Could the government do this?
https://bitcoinist.com/bitcoin-could-be-stopped-by-governments-pretty-simply/
Price of bitcoin goes down and all investors will be coming in again to buy a cheap coin where they could hide their money for tax evasion.
Simple as that.
They should just let it be with a high price so that those rich people who want to buy bitcoin will be scared off since the price is volatile.
It will give them the chills if the price suddenly breaks down.
So why kill bitcoin, let it have a larger price.
Simple as that.
They should just let it be with a high price so that those rich people who want to buy bitcoin will be scared off since the price is volatile.
It will give them the chills if the price suddenly breaks down.
So why kill bitcoin, let it have a larger price.
As long a out of control government greed and corruption continues to print fake money the demand for real truth in currency and p2p commerce will incease..As will the price increase correspondingly.
Government want to shut down bitcoin as legal currency transaction because to keep many people not invest with bitcoin and altcoin, they afraid when many people move money from bank to bitcoin assets, although bitcoin can increase people assets investment but government looks not agree bitcoin become legal currency payment in their country and try how to make their people dislike with bitcoin.
They don't want people to have their own banks because government don't have benefits from it. In a past years they still attacking bitcoin even they saying it in positive way. that's their propaganda to attack it back and make people believe and lost its interest when time passes. so we should expect this will happen soon and we need to be ready on what move they can do to fight bitcoin.
In the first place, how could Government could bring the market price of bitcoin lower down to 1000 dollars? Are they gonna buy the most volume of Bitcoin? I guess not. They cannot bing Bitcoin down, as Bitcoins support comes all over the world and it needs majority of the country's government to shut down bitcoin disallowing people to utilize Bitcoin would be the key, but people will surely find their way to utilize Bitcoin. Thus, making it invulnerable to be shut down.
I read this article online that the government could stop the Bitcoin? Easily using a simple trick.
Making the bitcoin market price staying in under a 1000$ for a long time and wait for the people to lose interest in it.
For me, this is easier said than done, making the bitcoin market price lower than 1000$ would encourage investors to invest in bitcoin that will inevitably affect the market price.
What is your opinion about this? Could the government do this?
https://bitcoinist.com/bitcoin-could-be-stopped-by-governments-pretty-simply/
Making the bitcoin market price staying in under a 1000$ for a long time and wait for the people to lose interest in it.
For me, this is easier said than done, making the bitcoin market price lower than 1000$ would encourage investors to invest in bitcoin that will inevitably affect the market price.
What is your opinion about this? Could the government do this?
https://bitcoinist.com/bitcoin-could-be-stopped-by-governments-pretty-simply/
If the government could be able to shutdown the entire bitcoin ecosystem, they would have done that in the early stage of Bitcoin's life in the financial space. The Bitcoin ecosystem is made up of all individuals in the crypto space and people who own Bitcoins. Bitcoin does not have one particular source being the central brain of the entire blockchain network. Once you join the bitcoin space, you automatically become part of the entire universe of Bitcoin. Due to this nature, it will be very hard for the government to shutdown bitcoin. The only way will be the shutdown of the internet.
I read this article online that the government could stop the Bitcoin? Easily using a simple trick.
Making the bitcoin market price staying in under a 1000$ for a long time and wait for the people to lose interest in it.
The proposition of Just short it. Keep it under $1000 for a long while is not even a trick and it can be performed only in dreams, how about the millions of funds to short those market and how long they will be exhausting their economy when majority of the countries around the world has huge debts, if shorting was a real thing to destroy a market, then you could have seen in the stock market already where US will short the Chinese stock exchange rather than implementing trade restrictions Making the bitcoin market price staying in under a 1000$ for a long time and wait for the people to lose interest in it.
. The author of the article does not have any idea what she is talking about, she found a tweet and compiled an article without thinking .
You guys should listen to Andreas Antonopoulos more often. He explained well why governments can't shutdown Bitcoin. You can't stop it at this point only the market that is made of its users and holders can stop it by losing interest and moving to something else.
Many new inventions were abandoned after some time and governments had nothing to do with their fate.
Many new inventions were abandoned after some time and governments had nothing to do with their fate.
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