Topic: What If Bitcoin is banned? - page 15. (Read 11380 times)
i think chances are unlikely, but if it do happens, jobs will be lost, investors will suffer..
Those with bitcoin will be looking for another way to connect and use bitcoin because they still want to make money in their time and I am sure they will find that way. Its all about internet connection and as long as the government is not banned from internet connection then i am sure people will solve the problem so they can still use bitcoin.
Even Bitcoin is banned I would still use it.Because when the time comes that may i able to join in a signature campaign in which I can earn Bitcoin.Theres way that we can still do transaction by using Vpn then if we have relatives or closed friend abroad in which Bitcoin is legit too.So we can cash out to their establishment using their account as recepient
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.
Even if stopping the bitcoins in my country I still continue to bitcoins. There are many other alternatives to buying my bitcoins for money. So even if they stop it they will not be able to stop the bitcoins.
And this is a beautiful picture that will explain it
And this is a beautiful picture that will explain it
If bitcoins are to be stopped in my country. It's really hard for me to buy it with money. And sure I need to hide if I open my accounts with bitcoins. There is an easy way to buy my bitcoins with money. And this is the exchange for the person and the person I'm talking about will pay me and transferring here money to my bank acc. And I'll pay him bitcoins. But it's really hard and risky because you can talk to someone who is a fool. And you can steal your bitcoins. So you should be careful and always be sure.
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.
There is no need to worry . Banning Bitcoin in a country won't really Matter as using a VPN is the most simplest method . Also give me one reason for banning Bitcoin . The main bank of my country was talking about Bitcoins and they mentioned that initiating Bitcoin would cause no harm to the society. So I don't have to worry at all. The only problem that is currently going on with Bitcoin is the Chinese invasion or something like that If you use it how will you? How will you exchange it and how will you completely use it as you do before.
Until today the Chinese government bans ICOs projects, even right now China Will Shutdown All Bitcoin Exchanges https://t.co/SeJLA0R0RI the bitcoins will be always survive and long live forever, because bitcoins depend on the comunity of bitcoins around the world, bitcoins doesn't depending on one country. Bitcoins is unstopable because it based on the internet, the government must bans internet connection too, if they are really want kill bitcoins. 
i think its impossible if china wants to shutdown all bitcoin exchanges and they only can do with exchanges that is on their country. if they banned bitcoin in their country, i am sure that in other country, especially in big country, bitcoin will become famous than in china. right now, with diversified of bitcoin in many country, although china is the biggest country that have biggest bitcoin, i am sure that the other country is not depend from china only, because we know that bitcoin is not centralized and other country will lead bitcoin into the right way and even more bright in future.
Until today the Chinese government bans ICOs projects, even right now China Will Shutdown All Bitcoin Exchanges https://t.co/SeJLA0R0RI the bitcoins will be always survive and long live forever, because bitcoins depend on the comunity of bitcoins around the world, bitcoins doesn't depending on one country. Bitcoins is unstopable because it based on the internet, the government must bans internet connection too, if they are really want kill bitcoins.
I've never needed to exchange bitcoins and it's pretty hard to actually prove that someone owns bitcoins if they never claim ownership to them. Hide a private key in your floorboard. You now own some 'illegal bitcoins' until the people in your government realize they're too late, this currency already exists and they'd better embrace it before they're left behind by every other smart country out there.
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 here in our country many people will be affected especially those who are depending on 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 still invest and save bitcoins for the future because im sure that many people will fight for the bitcoin to be legal and to back.
Many people will become disappointed if bitcoin will be banned and they will have anger to the government because of this.
What country are you from? Because that sounds like it would have a huge effect on your country.
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 here in our country many people will be affected especially those who are depending on 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 still invest and save bitcoins for the future because im sure that many people will fight for the bitcoin to be legal and to back.
Many people will become disappointed if bitcoin will be banned and they will have anger to the government because of this.
There is no way to prevent investors from entering the cryptocurrency market as this is a new industrial revolution and a trend of the future. If a country bans Bitcoin it will certainly be opposed.
I don't think k that something is virtual can ever be banned. How would that happen ? Take away all the computers ?
if bitcoin is prohibited I think many are protesting because the people in this forum already feel comfortable in bitcoin and also transaction in bitcoin very easy and not difficult 
if there is a government action related to the prohibition of bitcoin I am sure that bitcoin will continue to grow and will continue to spread widely and more people will use it as a source of family income 
Although there are government actions related to the ban but I am sure bitcoin will always grow quickly and become more popular among the people and many more countries are using and supporting the development of bitcoin
Thats the one thing I fear about bitcoin, and is most likely the end of the road for Bitcoin. Bitcoin could one day get to $20,000 a pop and when the value gets in that range the government could realize that they are losing tax money to those getting away without paying taxes due to anonymity. Alongside that they will understand more that bitcoin is allowing black markets and illegal services to be used through the anonymity of bitcoin. I think most people will stop using Bitcoin and the price will summit, although I think, like back in 2015, those few will still use it who love bitcoin.
Hopefully none of that happens though
Hopefully none of that happens though
There is always a way out of every problem, if this happen i will either use some altcoins, and if altcoins also get banned i will continue to collect more BTC by using VPN and will move toward a country where bitcoin is legal if i would become able to gather enough funds for a business start up. Well it seems that it will not going to happen because the market is spreading all over the world now and many countries have already legalized it.
Well with the ban in China, one cant be too sure these days. The question still remains, is bitcoin really fraudulent??
Point of information, what is happening in China isn't a ban on bitcoin. It really isn't even a ban on crytocurrencies but a stringent measure to ensure that the processes of enlisting cryptos into the cryptosystem are clean and not fraudulent. I think it should be a welcome development so that all the ICOs will be safe for investors and that they are not just a cheap way of enriching a few devs and their cronies.The country would have to block access to the internet. As if this happened, I would sell everything I have in BTC.
And who will buy them from you when that supposed ban happens?Jump to: