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Topic: What If Bitcoin is banned? - page 3. (Read 11380 times)

member
Activity: 112
Merit: 10
September 22, 2017, 11:31:24 AM
Bitcoin is Not legal in my country. If it will Ban By My Government, there is no problem for me, Actually they could not able to prevent use of BTC.
It is very easy to convert BTC with other legal money like Paypal, scrill, payza..  etc.
sr. member
Activity: 407
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
September 22, 2017, 11:26:26 AM
And the good news is my country actually accepts existence bitcoin. So, i don't have to worry about bitcoin will be banned by government. I haven't imagined if had to live in China.
member
Activity: 137
Merit: 10
September 22, 2017, 11:19:01 AM
if in my opinion a little disappointed because bitcoin satisfactory results.,

I hope bitcoin will last a long time because I want to feel great results ...
sr. member
Activity: 987
Merit: 289
Blue0x.com
September 22, 2017, 11:06:35 AM
That would be a bad thing for us who love and use bitcoins. Because if it gets banned, people will not want to be a part of it anymore. And most of the people will abandon it. It will be priceless and become history and a story to tell to our children. Then it will be forgotten like it never happened.
sr. member
Activity: 1008
Merit: 297
Grow with community
September 22, 2017, 11:03:53 AM
if its banned to a certain locals only, there will be no problem with it, as you can still purchase or transact BTC to other locations online.

Other countries is now starting to embrace BTC with corresponding implementing rules to exchanges for a regulatory purposes.

Its a currency disruption, its a technology driven currency.
newbie
Activity: 31
Merit: 0
September 22, 2017, 10:42:08 AM
That would be like trying to ban the internet - where are we talking about North Korea? Even if someone tries it it wont hold.
hero member
Activity: 938
Merit: 503
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
September 22, 2017, 10:39:57 AM
I will still use bitcoins.Not only me nobody can leave bitcoins. Banned bitcoins can help proxy sellers. Because only proxy/vpn can save our wallet and give access to block sites. In techincal terms bitcoin cannot be blocked .Only ISP of the government will block the bitcoin sites and blockchain protocol.
hero member
Activity: 625
Merit: 501
September 21, 2017, 02:43:57 PM
If my country bans bitcoin I will simply not tell the goverment about my bitcoins, is very likely that even a ban in very financially restrictive countries will help bitcoin's adoption, the people in those countries will want to withdraw their whealth and bitcoin can be a great way to do it.
If the government on the world want to ban Bitcoin, they only ignore an opportunity help them earn a huge benefit. Japan is one of countries understand that, so they do not want give this chance to any countries, that is reason they want to become first country accept Bitcoin is legal Cool
hero member
Activity: 1204
Merit: 500
September 21, 2017, 02:11:58 PM
I think a lot of people will have trouble if bitcoin is banned, especially for those whose main income is on the internet. well, many people are out of their jobs for bitcoin, so when it's banned it might increase the number of unemployed.
full member
Activity: 346
Merit: 144
THE WORST EVER
September 21, 2017, 02:06:03 PM
If my country bans bitcoin I will simply not tell the goverment about my bitcoins, is very likely that even a ban in very financially restrictive countries will help bitcoin's adoption, the people in those countries will want to withdraw their whealth and bitcoin can be a great way to do it.
hero member
Activity: 714
Merit: 500
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September 21, 2017, 11:38:58 AM
This is impossible because bitcoin is decentralized markets and has no physical place or foundation to arrest . bitcoin will die in only one case when community abandon it .
full member
Activity: 340
Merit: 100
September 21, 2017, 11:24:03 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.
Its a disaster for many users especially to those users who actually prefer bitcoin as a main source of income and does not have enough job to earn some money for themselves. But i think it will not happen unless there is something bad happened to bitcoin.
sr. member
Activity: 403
Merit: 250
Less is more
September 21, 2017, 10:46:28 AM
If bitcoin will be banned in my country, my bitcoin i will get is not really be useless because you can still exchange it for dollars then use it to buy items but if the US will banned it, i think thats the end
Nah, it is never the end of bitcoin even if it was banned. Bitcoin is built on the blockchain and as you know, it is totally decentralized and 100% anonymous if the users know how to use bitcoin appropriately. Therefore, bitcoin will still be used in any cases, unless the internet is shut down Wink
hero member
Activity: 966
Merit: 501
September 21, 2017, 10:34:53 AM
If bitcoin will be banned in my country, my bitcoin i will get is not really be useless because you can still exchange it for dollars then use it to buy items but if the US will banned it, i think thats the end
I think the bitcoin will never end, though the US forbids it, bitcoin will still run, because there are still many companies in big countries that adopt bitcoin as a means of payment, and now it's growing in almost every field. this will record the history of the world, as the most advanced payment system and in gandrungi many circles
sr. member
Activity: 474
Merit: 501
September 21, 2017, 10:11:30 AM
Well I totally agree with the idea that it would be stupid for a government to ban BTC because this could put its country in an economic disadvantage. However, China has demonstrates us that a kind of banning is always possible. What is the point of this exchanges and ICO banning ? Do they have a wise strategy behind it ? Could be...

To answer your question, if my country was a big country I would maybe sell my BTC if I learn they plan to ban it... 
legendary
Activity: 938
Merit: 1001
September 21, 2017, 10:06:23 AM
In fact, i didn't even expect such condition to be happen ever but really it came into realistic action.
China an extensive bitcoin representational country ultimately banned bitcoin,thus the act puts bitcoin users in fear.
If same condition happens in my locality,i would still adapt bitcoin in the rememberance of its love.
full member
Activity: 266
Merit: 100
September 21, 2017, 09:45:40 AM
If bitcoin will be banned in my country, my bitcoin i will get is not really be useless because you can still exchange it for dollars then use it to buy items but if the US will banned it, i think thats the end
full member
Activity: 378
Merit: 100
September 21, 2017, 09:42:47 AM
If bitcoin is banned i think the price will go down and it will freeze. The big companies holding greater bitcoin stock will have to do another way not to ban bitcoin.
full member
Activity: 462
Merit: 112
September 21, 2017, 09:42:27 AM
Banning of bitcoin will have a big impact to our economic progression. The currency will be affected and I think trading through online will no more be available. So it should be protected and develop.
sr. member
Activity: 284
Merit: 250
September 20, 2017, 03:14:41 PM
Sometimes what is forbidden is of heightened interest. I think that something like this will happen to Bitcoin. Maybe it will become even more expensive if it is banned
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