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Topic: What If Bitcoin is banned? - page 11. (Read 11380 times)

sr. member
Activity: 2660
Merit: 339
September 14, 2017, 12:49:36 AM
The odds of this are very slim and everyone knows this. The fact is that the banning in China has never even really held in place. It is too hard to control and to hard to police. The authorities hit the entry and exit points where the FIAT exchange happens and that is the best they can do without going crazy and using huge resources and finances.
Bit coins can never be banned by any authority because it’s the people’s choice. It is owned by a lot of people and have several investors from all over the world. If ever this happens then who is going to fill a huge loss of people. What will the investors of bit coin get in return? So this is never going to happen.
full member
Activity: 560
Merit: 100
BBOD Zero-Fee Exchange
September 13, 2017, 01:39:27 PM
I think It will not stop me or most users from this country to use it. Because it is impossible to stop bitcoin phisically,If it will be a crime then it problem
full member
Activity: 227
Merit: 100
September 13, 2017, 01:34:27 PM
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 think I will not exchange because I will transfer to the other country where bitcoin was not banned. I will still hold my bitcoin and I will continue to use it because I do believe that it will help to achieve my goal. I hope bitcoin will never banned because it has negative effect in bitcoin community.
member
Activity: 82
Merit: 10
September 13, 2017, 01:28:47 PM
I think that BTC is not prohibited. It will not be able to resist the flow of innovative technology.
newbie
Activity: 42
Merit: 0
September 13, 2017, 01:25:38 PM
They can target exchange but they can't stop BTC.

It will only be more difficult to buy BTC with FIAT and also to cash out.
newbie
Activity: 97
Merit: 0
September 13, 2017, 01:22:35 PM
I guess bitcoin will not be banned, why? because bitcoin is supported by some of the big countries of the world such as america, russia, china, and others. The value of bitcoin is more significant than other currencies
sr. member
Activity: 432
Merit: 250
September 13, 2017, 12:01:19 PM
I will still use it for some transaction, don't matter what happens, still many ways to sell bitcoin..,we just ask mr.google before do it  Grin
The local government cannot fully impose the banning of the usage of Bitcoin in their country. I cannot think of a way that they can do to monitor each and every individual that may be have been using Bitcoin. So if it happens here, I will continue earning some Bitcoins.

I'll just find a way in order to hide my work from our local ISP. I believe that this ban will eventually be lifted.
Although the government cannot banned all Bitcoin user and stop using it, but they can make us cannot create transaction when use Bitcoin. Example if they banned all miners of Bitcoin, do you think the Bitcoin blockchain system still running normally?
full member
Activity: 406
Merit: 100
September 13, 2017, 06:43:48 AM
if bitcoin banned

we have limited option for finance better in future, as old system finance was monopoly by some banker and government only
newbie
Activity: 28
Merit: 0
September 13, 2017, 06:26:06 AM
Bitcoin is already basically banned or under threat of ban in a lot of places and people are still using it. Certain things can be easily banned however bitcoin is not one of those things so I imagine it will still have continued use.
full member
Activity: 266
Merit: 114
September 13, 2017, 06:15:34 AM
Well if really someday Bitcoin was banned i would still use it. Cause there is no way the government can track the transactions..or find the transfers made. And this is the best thing about bitcoin. It's also useless to ban Bitcoin in my personal opinion.
full member
Activity: 364
Merit: 100
September 13, 2017, 05:46:00 AM
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?
Yes how will you use bitcoin if it is banned? But for me if bitcoin was banned therefore the hope of people will decrease. Bitcoin is giving hope to all people who are dependent of it so I think bitcoin will never be banned.
full member
Activity: 728
Merit: 100
September 13, 2017, 05:44:57 AM
if bitcin banned in this world it can makes bitcoin die and many investors will incur losses.
but i think it is impossible. why? because many country interested with bitcoin.
example japan acknowledge as a valid payment instrument
sr. member
Activity: 644
Merit: 252
September 13, 2017, 05:41:00 AM
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.

Don't really think this is possible since there is just no point in banning Bitcoin. The countries that ban bitcoin would just be crippling themselves and their economy. Most countries would just tax Bitcoin instead of taxing it.

Actually, When government sees that people are earning and using bitcoins without paying tax some people in from the government will think that no money is coming to us, then they will try to ban bitcoin and may put tax on it.


YES! I get your point.
It is the government. They want to have a part on everything the people get their income. So YES there is a chance that if the goverment found out about bitcoin they may ban it because it is government and it powerful. But they only ban "the use" of bitcoin. So I will still seek to earn bitcoin. I may just save it in my wallet and not used it or convert it into cash until that issue is so trending and fresh. It will also fade as the time pass by. Maybe it will take a long time.
I may also cash it out in the other country when I travel where the bitcoin is not ban.
full member
Activity: 406
Merit: 100
September 13, 2017, 05:37:49 AM
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.

we will came back again to old system finance
sr. member
Activity: 364
Merit: 250
September 13, 2017, 03:29:30 AM
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 guess if it was banned in my country, i would find a way to convert my total amount of bitcoins to another coin that is legal in my country. Then i guess this may be one of the ways to make it legal, but if we really think about it, the only thing that stand agains the bitcoins are law hackers and the people that are agains its value and what it could do.
I don't  believe that bitcoin will banned, but if it is happen I think I was back into reality that I need to over time to supports the needed of my family. Moreover I just need to think a newly part time job to earn additional or extra income.

I never thought that Bitcoin would be banned, because I do not think Bitcoin is a job that harms a person, but I think Bitcoin helps and benefits everyone, especially those who do not have a job. At Bitcoin they always get it and can buy whatever they want, so if the government forbids Bitcoin I also can not imagine how my future fate will be, because all I get is in Bitcoin.
sr. member
Activity: 336
Merit: 260
September 13, 2017, 03:14:36 AM
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 guess if it was banned in my country, i would find a way to convert my total amount of bitcoins to another coin that is legal in my country. Then i guess this may be one of the ways to make it legal, but if we really think about it, the only thing that stand agains the bitcoins are law hackers and the people that are agains its value and what it could do.
I don't  believe that bitcoin will banned, but if it is happen I think I was back into reality that I need to over time to supports the needed of my family. Moreover I just need to think a newly part time job to earn additional or extra income.
newbie
Activity: 11
Merit: 0
September 13, 2017, 03:08:49 AM
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 think government will not banned it. because many people works here and earn lot of money.
newbie
Activity: 19
Merit: 0
September 13, 2017, 02:52:28 AM
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 guess if it was banned in my country, i would find a way to convert my total amount of bitcoins to another coin that is legal in my country. Then i guess this may be one of the ways to make it legal, but if we really think about it, the only thing that stand agains the bitcoins are law hackers and the people that are agains its value and what it could do.
sr. member
Activity: 789
Merit: 273
September 13, 2017, 01:46:32 AM
 i'm very disappointed beacuse this is my work,beacuse this is my source of income and i gave my 24/7 time and effort.
sr. member
Activity: 742
Merit: 251
September 13, 2017, 01:43:41 AM
Nowadays, Most of the people are work on Bitcoin as a their income source. Probably, i think it not will be happened But some how If Bitcoin is banned then it's so terrible. Bitcoin has given financial freedom to lot of people not only my country but also most of the countries people.
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