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Topic: What If Bitcoin is banned? - page 2. (Read 11380 times)

newbie
Activity: 28
Merit: 0
September 25, 2017, 08:35:28 AM
i dont think there is a point of banning bitcoins but if it does then we have proxy sites for the exchanges .
sr. member
Activity: 658
Merit: 256
Freshdice.com
September 25, 2017, 08:33:18 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, it will negatively affect its market value because, surely, its number of users will decrease that will also affect the demand that it is having from the market. I would probably move into another cryptocurrency, preferrably altcoin if this would happen. It will be useless for me if I won't be able to use and spend Bitcoin.
newbie
Activity: 10
Merit: 0
September 25, 2017, 08:31:21 AM
I think there is no reason to ban Bitcoin. However, the economies of bitcoin banned in countries will be damaged. They do not know how much their country earns from Bitcoin.
member
Activity: 84
Merit: 10
Bounty Manager At your Service Please Pm me
September 25, 2017, 08:27:42 AM
I think that it will never be completely banned, but i would trade it on forums probably and exchanges where it would be legal.
full member
Activity: 238
Merit: 100
September 25, 2017, 08:25:40 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.

Well thats a mere act an it is also one of the advantage if you know so much about bitcoin, but lets accept the fact that governments can banned bitcoin in their country but then bitcoin is still functional , existing and profitable in which people can still have the guts to access here do some transaction and gain because governments has now conducting research as well as reviews on how does the bitcoin can improve country's economy which is good maybe soon theyre planning to legalizsd it.
hero member
Activity: 713
Merit: 501
September 25, 2017, 08:23:32 AM
If bitcoin is banned, the first thing that comes to mind is "How?" I will not panic at all about bitcoin getting banned. I will panic about how powerful the government is that they are able to successfully banned bitcoin. But then if we are going to be real here, bitcoin can be banned but you are still able to use it simply because there will be workarounds which will allow us use and earn bitcoin.

Bitcoin gets banned in my country, then I will just learn a new skill and earn money from that. I have earned enough money from bitcoin. Enough to live for a month without having any income and that gives me time to prepare to pick myself up and get a day job based on the skills I presently have.
full member
Activity: 180
Merit: 100
September 25, 2017, 08:15:05 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.
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.
newbie
Activity: 28
Merit: 0
September 25, 2017, 08:10:11 AM
I Don't think that it is possible since there is just no point in banning Bitcoin.if it banned I can still use it.Bitcoin can't stop...If government stop some site,then other site will be opened
full member
Activity: 336
Merit: 100
Personal Account
September 25, 2017, 08:00:52 AM
 if bitcoin banned no effect in anyone because  , bitcoin is  banned  in my country ..but many people use bitcoin any day any time . there is no problem ..so i don,t think about it.
full member
Activity: 282
Merit: 100
September 25, 2017, 07:48:07 AM
I don't think it would happen. How they would do that? Turn off Internet and take away all the computers ?
sr. member
Activity: 420
Merit: 250
September 25, 2017, 07:33:16 AM
It is not really easy to ban the bitcoin. Government would have to ban basically any encrypted traffic on internet and this would have much higher repercussions. Additionally Blockstream has launched recently satellite service https://bitcoinmagazine.com/articles/blockstream-satellite-broadcasting-bitcoin-space/ which gives you additional options.
Zrs
sr. member
Activity: 299
Merit: 250
September 25, 2017, 07:25:57 AM
if bitcoin banned still I can use it.Bitcoin can't be stop.If government block some sites,new sites will be created. We can buy and sell with local people. Infact we can buy and sell using facebook. page or any other social media.
newbie
Activity: 12
Merit: 0
September 25, 2017, 03:43:46 AM
if it is ban i will still use it...vpn wonder..

Just because you use vpn you are not safe using vpn is a bad idea. You can still be caught i would not use it. I would sell my coins i will forget bitcoins then, because Im not willing to go to the court.

Vpn for me is nothing it is worthless everyone can track it down. They can still catch you.
sr. member
Activity: 573
Merit: 251
September 25, 2017, 03:37:12 AM
If bitcoin will be banned in my country and there will be no exchange available to cash it out then I will sell it to someone from here that I trust and just let him pay directly in my bank account or money remittances. There are so many ways you can find its up to you to look for it.
Banned without any repressive action certainly not much impact, in fact many countries are banned bitcoin, but the main key is the user, as long as bitcoin users are active and want to store bitcoin then bitcoin will continue to be used. but if banned and followed by repressive steps will certainly make us difficult.
member
Activity: 102
Merit: 10
September 25, 2017, 02:44:47 AM
 I will workout my way by using vpn services or may be through the friends living abroad. That would be very hard time but thinking about being banned is hardest one.  I don't have any fiat income and I really like how it works for me. If let's say bitcoin will be banned from here but not in Japan, I'll probably find a way to exchange it with Japanese Yen and then exchange it to my local fiat.
full member
Activity: 182
Merit: 100
September 25, 2017, 02:44:37 AM
Bitcoin is still leagal in our country

so it cants be banned


Anyway banning currency note itself if done in our country in midnight span

Why worry about it being banned still now no problem so let us earn and enjoy our coins
hero member
Activity: 798
Merit: 502
September 25, 2017, 02:39:07 AM
If bitcoin will be banned in my country and there will be no exchange available to cash it out then I will sell it to someone from here that I trust and just let him pay directly in my bank account or money remittances. There are so many ways you can find its up to you to look for it.
sr. member
Activity: 476
Merit: 259
September 25, 2017, 02:39:01 AM
Bitcoin can not be banned for a way that you won't be able to use it.

The only thing countries can do to bitcoin is to ban it from the country which is going to make it hard to buy and sell bitcoin inside the country, but you are still going to be able to send and receive bitcoins to other and from other people.

If such a big country ban bitcoin as we heard that china is planning to do, it is going to make the bitcoin price decrease in the very short term,  but in the long term it is not going to hurt bitcoin at all.

newbie
Activity: 43
Merit: 0
September 25, 2017, 02:33:34 AM
if it is ban i will still use it...vpn wonder..
full member
Activity: 476
Merit: 100
September 25, 2017, 02:04:06 AM
bitcoin is banned in my country alredy. But lots of peoples still use bitcoin, And Day By Day more peoples are start use Bitcoin. So I don’t think theare is any affect even Government Banned Bitcoin
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