Wow! Great to see such a great response from the members, I guess I should close this thread to stop any spam, We have got a great response and I get many answers. However, I have only read few pages cannot go through all.
Good to know all the ideas and was a pleasure to read all the comments.
Thanks
Topic: What If Bitcoin is banned? (Read 11380 times)
What If Bitcoin is banned in your country will you still use it?
If you use it how will you? How will you exchange it and how will you completely use it as you do before.
such problems are still unthinkable, but in the country I actually use bitcoin not yet legal, while for the exchange of bitcoin into cash can be done in bitcoin.co.idIf you use it how will you? How will you exchange it and how will you completely use it as you do before.
Yes thats true, I cant even think a way how can I able to use bitcoin if it is already banned in my own country, I hope it will never happen cause I think it cuts the opportunities of the bitcoin to distribute it to the community that may help to develop and innovate every country's economy.
What If Bitcoin is banned in your country will you still use it?
If you use it how will you? How will you exchange it and how will you completely use it as you do before.
I will be sad if bitcoin banned in my country and I think I cannot find a way to used it anymore the fact that bitcoin was find out by the government and banned it. But I think I can still used bitcoin that I keep in my wallet. I would going to convert it into fiat so that it wont be useless and I can used it for more important things that I need. If you use it how will you? How will you exchange it and how will you completely use it as you do before.
I would still use it. Not sure how the government can really find out you are using bitcoin unless you walk around screaming about it. They could block the exchanges, but you can use proxy or VPN to go around it.
I would like to ask you how will you still use it?'
When It will be banned in your country then how can you use it or how can you exchange it in your cash? It will be useless for you isn't it?
What If Bitcoin is banned in your country will you still use it?
If you use it how will you? How will you exchange it and how will you completely use it as you do before.
Although bitcoin is prohibited in my country, I still can use it, just sell bitcoin to USD and use paypal to withdraw money, it is very simple.If you use it how will you? How will you exchange it and how will you completely use it as you do before.
Actually there has a country that banned bitcoins like china. If bitcoin was ban in our country i would do bitcoin then i will go to other country that accept bitcoin because in that way you can be use bitcoin in good way.
Then it will it will go underground, however, I don't think it will happen. Some countries may ban it, but the majority will play ball.
If my country only forbids, I do not think there will be a substantial price cut down to the ground. this is not what you imagine.I think nobody can stop Bitcoin technology even if the government forbids it, but there will be many people who use it, even if it is illegal.
Then it will it will go underground, however, I don't think it will happen. Some countries may ban it, but the majority will play ball.
Well this is one of the risk that may bring down Bitcoin and make investors of Bitcoin have a negative return on investment.
its possible to some countries but not in general people will still find some ways to continue the system, crypto currency I think wont bebanned there's regulation that will be created and still investors will take the risk knowing that in the long run this investment will still
bring good income for those who take the action.
if bitcoin banned in my country i will stop using bitcoin, because if my country banned it so every one who use bitcoin in my country is illegal.so i will stop using bitcoin, firstly i do when bitcoin blocked by government is collect all of my asset (bitcoin) and sell it in international exchanger, because in if i sell in local exchanger it will decerase the rate
Well this is one of the risk that may bring down Bitcoin and make investors of Bitcoin have a negative return on investment.
its possible to some countries but not in general people will still find some ways to continue the system, crypto currency I think wont bebanned there's regulation that will be created and still investors will take the risk knowing that in the long run this investment will still
bring good income for those who take the action.
What If Bitcoin is banned in your country will you still use it?
If you use it how will you? How will you exchange it and how will you completely use it as you do before.
If you use it how will you? How will you exchange it and how will you completely use it as you do before.
If it will be banned in our country today, I doubt that I am gonna still use it or even exchange it in our local currency here. That event might be one of the worst thing that will happen to my life. Bitcoin is my hope that will be the key to my success. I hope that won't happen.
that would be a problem to many users here. remember that we all need bitcoin because it helps us in our financial needs and also to buy our needs and wants. so if bitcoin was banned how are we supposed to earn money?
no problem, because I only take temporary advantage from bitcoin trading. because I think it is very dangerous to invest in bitcoin
If that happens, then for those who have invested his money into a big bitcoin will suffer a loss and will be badly hit on the blocking event bitcoin it
My belief is that if Bitcoin is banned the value will of course tank. This is because of simple supply and demand dynamics. Without mainstream support it follows that the price will tank. Bitcoin however will never go away. it will just be used underground by those wishing to use it.
What If Bitcoin is banned in your country will you still use it?
If you use it how will you? How will you exchange it and how will you completely use it as you do before.
If bitcoin is banned in my country, it does not affect me in anyway. Cause there will be more job opportunity within the country, which will take care of my daily activity and when it comes to the crypto world and online shopping mall, like amazon using bitcoin, then I can use bitcoin for all online activities. If you use it how will you? How will you exchange it and how will you completely use it as you do before.
Bitcoin is decentrailesd so the fact of getting it banned is nearly very difficult becuse it is not dependent upon any one organisation or any other if some countries ban it from using it will simply be the end of democracy is such countries but the fact is in this modern era nothing can be stoped on the long run people will eventually find some way to trade with it.So the fact of Bitcoin getting banned is nearly impossible because it was based on the fact that no one person can decide its future.
I think this is something which cannot happen in the real world. In case if this thing happens, then it will be very much difficult for Bitcoin to maintain his reputation which Bitcoin is having currently in the international market. Things will be very much different and we may not be having so many investors then.What If Bitcoin is banned in your country will you still use it?
If you use it how will you? How will you exchange it and how will you completely use it as you do before.
If you use it how will you? How will you exchange it and how will you completely use it as you do before.
If bitcoin is banned in our country i will stop to use most especially if the government is the one who banned it. We know that it is againt the law of government but we know that many bitcoin user can affect their lives because of lack of source income.
What If Bitcoin is banned in your country will you still use it?
If you use it how will you? How will you exchange it and how will you completely use it as you do before.
Maybe I won't use it and will move to other cryptocurrency probably altcoin. There'll no point of using Bitcoin if I won't be able to use it or even access it. But surely, it will negatively affect Bitcoin's market value because its demand will fall if that would happen. But it is possible to still use it, you may spend it abroad or do tradings using Bitcoin, in that way you'll still be able to make profit out of it.If you use it how will you? How will you exchange it and how will you completely use it as you do before.
What If Bitcoin is banned in your country will you still use it?
If you use it how will you? How will you exchange it and how will you completely use it as you do before.
Well, if was banned I think I will not exchange it because I know I can use it in other country. If bitcoin was banned I think it has negative effect on its price and it also has negative effect on bitcoin community. Lastly, I hope bitcoin will not banned and I hope it would not happen in the future.If you use it how will you? How will you exchange it and how will you completely use it as you do before.
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