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Topic: What If Bitcoin is banned? - page 12. (Read 11380 times)

sr. member
Activity: 630
Merit: 258
September 13, 2017, 01:36:33 AM
I wish it was not ... there's alot of people is depending now on bitcoin
So ita hard to us if bitcoin will be gone ...
But i think they cant banned bitcoin ... hahahaha
full member
Activity: 714
Merit: 105
September 13, 2017, 01:36:08 AM
After a few days of lower BTC/CNY price vs BTC/USD , now
I can see BTC/CNY volume goes up and its price reach the other pairs, what happened to ban?
newbie
Activity: 39
Merit: 0
September 13, 2017, 01:35:59 AM
It's not even in the interest of government to ban bitcoin...bitcoin has provided a means of livelihood to many people all overnight the world
sr. member
Activity: 476
Merit: 255
September 13, 2017, 01:32:53 AM
If that happens, I will withdraw all my money and then try to find local trading sites and local exchangers who connected to other online payment systems (such as paypal, payoneer, etc) and try to trade bitcoin again.
hero member
Activity: 2590
Merit: 644
September 13, 2017, 01:28:48 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 do not think bitcoin will be banned, right now in my country the government does not advise to transact using bitcoin, but I think otherwise, for me bitcoin is a new investment that is very profitable.
Bitcoin is a great investment because it is very profitable and it can make you rich if you will buy and hold it for long term because that is the secret of the rich people in bitcoin and i believe also that bitcoin will not be banned by the government because they are now studying bitcoin as a currency and planning to accept it like the other big countries did.
full member
Activity: 378
Merit: 100
September 13, 2017, 01:26:39 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 do not think bitcoin will be banned, right now in my country the government does not advise to transact using bitcoin, but I think otherwise, for me bitcoin is a new investment that is very profitable.
legendary
Activity: 1470
Merit: 1002
September 13, 2017, 12:41:22 AM
Bitcoin is very hard to get banned. In the first place, bitcoin is decentralise. The only choice that the country can do is ban the access to certain websites like bitcoin exchanges. However, there are always ways to go around it. So end up, china also label bitcoin as a security and not a currency.
full member
Activity: 322
Merit: 100
September 13, 2017, 12:39:23 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.
if in my country prohibit in the presence of bitcoin I will try to comply with all existing regulations, but from the government side there should also be a reason why bitcoin can be banned because I think bitcoin is not dangerous at all.
so there's no reason if my country is banning bitcoin.  Roll Eyes
sr. member
Activity: 644
Merit: 250
September 13, 2017, 12:27:14 AM
If any country bans Bitcoin, then citizens of that country couldn't convert Bitcoin to their local currency through any exchange and can't get their money in bank. But Bitcoin itself is a currency. In future, use cases will increase. Many merchants will start accepting Bitcoin and most of them will be online. People can easily buy things using Bitcoin. Online transactions would still be possible. Government can't completely ban something on internet. There are many ways to escape that.
legendary
Activity: 1652
Merit: 1000
September 13, 2017, 12:20:24 AM
fortunately even bitcoin is not admitted as the currency in my country but my government doesn't banned it but if someday the government are considering bitcoin is illegal and they decide to banned bitcoin then nothing i could do besides following the rule because if bitcoin banned then build bitcoin exchange also illegal so if i have bitcoin then that would be useless because i could not convert it into my local exchange also if i still use bitcoin although it's illegal which mean i'm against the law so it would not good for me
full member
Activity: 266
Merit: 122
September 13, 2017, 12:06:39 AM
If bitcoin is banned I think I can still use it by converting it into dollar account because there is a wallet like blockchain with dollar conversion then after that I'll convert it into peso besides bitcoin can still be used to purchase goods in other country or using dollar so I don't think that would become a problem.
full member
Activity: 378
Merit: 100
September 12, 2017, 11:52:51 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.
If bitcoin banned in our country i think that is the time to move on becuase i dont have to power to revenge . and i think many people who use bitcoin in my country will mad and sad becuase their earn for a long time becomes rock and dissappear like a bubbles. Sad
full member
Activity: 1344
Merit: 102
September 12, 2017, 11:42:24 PM
if only bitcoin is banned in my country and not all altcoins so I will use any altcoins like etherium as long that can convert into fiat so I can continue earning money.
full member
Activity: 266
Merit: 100
Platform for Investing in Cryptocurrency and ICOs
September 12, 2017, 11:33:37 PM
Probably, people will invest to other kind of cryptocurrency, altcoin in this matter. It will be the cause of a big breakthrough and chaos to bitcoin members. But on the brighter side, I don’t think that would happen unless bitcoin goes into something that is illegal.
sr. member
Activity: 779
Merit: 250
September 12, 2017, 01:59:42 AM
Hello,as per my perception if Bitcoin is banned it will be a very hard era as of there will be no soft currency it will lead to many problems as which usually come up with the hard currencies.
if bitcoin will banned i think we will find another ways to earn it or to surf to it,and i believe also that government cannot ban people to use it, it is our eagerness that can help us to pass that challenge that is what i believe, no one can even hinders us or no one can separate our relationship to bitcoin no matter what may happens.
full member
Activity: 346
Merit: 100
BitSong is a dcentralized music streaming platform
September 12, 2017, 01:58:44 AM
Assuming that this comes true, that bitcoin is banned in governments of all countries, then it will be the end of bitcoin. No one will even use such a currency when the currency itself is illegal. Another reason is how are you going to buy are sell your bitcoin and cash-out when no one will buy or sell you an illegal bitcoin. Bitcoin in crypto markets is based on US dollar, now if it is banned in the US, what currency will then be its basis? It will be zero value.
full member
Activity: 448
Merit: 110
September 12, 2017, 01:51:25 AM
Well nothing is impossible. If Bitcoin gets banned we sulk for some time, get over it and move on to the next new thing.
full member
Activity: 1028
Merit: 144
Diamond Hands 💎HODL
September 12, 2017, 01:46:22 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.
If bitcoin will be banned in my country, then I have to let go of bitcoin, because I have no choice but to find another thing that can be a source of money as a student. As long as it's legal in my country, I will be using because it is really helpful in my financial needs.
jr. member
Activity: 129
Merit: 3
bitrace® | JOIN NOW
September 12, 2017, 01:22:40 AM
I will still use it. I think, there were lots of ways to do so. Or withdraw all of it before its banned. If I have many, I'll move to another country then withdraw it all.
full member
Activity: 266
Merit: 114
September 12, 2017, 01:17:03 AM
Well there seems no threat from Bitcoin to anyone.. so why would it be banned Huh
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