What If Bitcoin is banned? - page 6.

Kousei23

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Quote from: lady Royal on September 05, 2017, 04:52:08 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 many people will be affected becauae we all know that bitcoin today is a big thing to us. And many people are investing on it, they use a big amount of money just to put it there and start earning. If bitcoin is banned and that people doesn't inform their money will be all lose and start to dump. And also many people will start to protest.

Pettuh4

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Quote from: sicparvismagna on September 18, 2017, 09:36:41 PM

In my opinion I think our government has no reasons to ban it, unless if it would be ban then bitcoin would be useless and all of your kryptocurrencies would be for nothing if these would have happen. In case an issue has already triggered that it would be ban, then I suppose I will sell all of my bitcoins.

I don't even think any government has what it takes to block Bitcoin but rather they can only block internet usage which will also affect them or they will attempt to close down local exchanges which will also resurrect black market and the populace will start seeking offshore or overseas exchanges for their Bitcoin usage.

CODE200

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Quote from: aTriz on September 05, 2017, 05:24:32 PM

Quote from: lady Royal on September 05, 2017, 04:52:08 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.

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.

I also think that banning bitcoin is meaningless becasue there is no reason for the government or other people to banned bitcoin. Bitcoin is a form of crypto-currency which is can be used in transactions and it is also a part of the development brought by the technology by which innovation take place, and it is a good thing not a bad thing. The better thing to consider is by making Bitcoin a better form of currency that could help for faster and reliable transaction.

sicparvismagna

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In my opinion I think our government has no reasons to ban it, unless if it would be ban then bitcoin would be useless and all of your kryptocurrencies would be for nothing if these would have happen. In case an issue has already triggered that it would be ban, then I suppose I will sell all of my bitcoins.

aizen10

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Quote from: lady Royal on September 05, 2017, 04:52:08 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.

it is surely wont be happen Grin

, but what if it will? if this bitcoin banned in my country, i will continue use/support this bitcoin, because what ever it take , theres a lot of profits you can earn on bitcoin, so instead of backing off from being banned, move forward and do find some ways to get you involve again in bitcoin, they cant stop us to reach our goals in life.

Ayush rana

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If bitcoin is ban by any country. We can see a huge fall over its value. A good example is when china banned bitcoin, its price fall very fast. And from approx INR 315000 it is now on INR 255697.
If bitcoin get banned in my country then it will make a huge lose to me and the other people of the country. Lips sealed

loragean03

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Quote from: lady Royal on September 05, 2017, 04:52:08 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.

nice topic, if bitcoin banned in my country, that the worst things ive ever knew. but instead of getting back my balls, I will find some ways how to work back in bitcoin again. there are so many ways about how to exchange your btc to get yours profits. some other ways is by using paypal, in paypal you can change your money to bitcoin and bitcoin to your country currency. so there are so many ways how to get out in this problem, you just find a way how.

szpalata

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Quote from: empoy on September 18, 2017, 07:30:37 PM

Quote from: lady Royal on September 05, 2017, 04:52:08 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 don't know how i feel because i just need bitcoin in my life. It helps me to solve many problems with regard to money. This is the only thing that i think will answer all my problems in an easy way. I sacrifice all my efforts and time just for this.

Don't fret over this, Bitcoin won't get banned because they don't have the means or what it takes to ban it just yet. It's that simple and I think all these are calculated steps by people to spread far about bitcoins.

empoy

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Quote from: lady Royal on September 05, 2017, 04:52:08 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 don't know how i feel because i just need bitcoin in my life. It helps me to solve many problems with regard to money. This is the only thing that i think will answer all my problems in an easy way. I sacrifice all my efforts and time just for this.

julius caesar

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Quote from: osmo on September 05, 2017, 05:34:03 PM

Quote from: lady Royal on September 05, 2017, 04:52:08 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.

such problems are still unthinkable, but in the country I actually use bitcoin not yet legal, while for the exchange of bitcoin into cash can be done in bitcoin.co.id

I think when bitcoin was banned here in my country I think there is no way to transfer your money in paper money since all of the trnasactuon will be all ddone, but for me it is too far to happened since there's nothing to banned bitcoin , cause it contributes so much in the society and provide people money .

mega_carnation

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Others are misleading with their answers, the question is what if bitcoin is ban on your country, not in the whole Earth. Try reading the question of the op once again.

Quote from: lady Royal on September 05, 2017, 04:52:08 PM

What If Bitcoin is banned in your country will you still use it?

Yes, it's decentralized and anonymous they will not traced me.

Quote from: lady Royal on September 05, 2017, 04:52:08 PM

If you use it how will you? How will you exchange it and how will you completely use it as you do before.

Will sell it to other bitcoin people and trade with it other alts.

Kisanaq

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Quote from: techindo on September 18, 2017, 12:59:47 PM

Don't panic guys , we can sell bitcoin on exchanger support FIAT , and than we can withdraw money on There with FIAT .
we can use payoneer , payeer , or another choise.
Example exchanger support FIAT bitstamp.

Really, we should not panic, bitcoin users are so large that it is not easily exposed to negative issues. I do not think it will have a significant impact, we all know that until now there has been no official state using bitcoin, it is the same as bitcoin banned, china now banned bitcoin and the price does not drop.

drm

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Quote from: mrcash02 on September 18, 2017, 01:18:19 PM

Quote from: drm on September 18, 2017, 01:13:07 PM

Quote from: techindo on September 18, 2017, 12:59:47 PM

Don't panic guys , we can sell bitcoin on exchanger support FIAT , and than we can withdraw money on There with FIAT .
we can use payoneer , payeer , or another choise.
Example exchanger support FIAT bitstamp.

So do you think that if they would ban bitcoin, they wouldn't make it illegal or punishable by law to exchange fiat/btc and btc/fiat Roll Eyes

?
It would be disastrous if they'd ever do this.

The fact is that people would have to take the risk to continue dealing with Bitcoins online. There could be several punishments, but I believe for many people it would still worth a lot as Bitcoin changed their lifes and they couldn't keep their life quality without it anymore on their countries. A reasonable solution would be to move themselves to a country where Bitcoin would be still being allowed. If all the world bans it, the only possibility would be to live on the illegality if the person still wants to use Bitcoins...

Yeah you're right, there are several possibilities.
But imagine what something like that would do to the price and popularity.

Quote from: hirokazu on September 18, 2017, 04:01:30 PM

If bitcoin got banned I think another crypto currencies like Ethereum, Waves or Dash will rise in position and would be a benchmark for the price of another coin. If expect crypto world will be in danger, that's will not happen. There are still many that will be his successor.

Maybe anonymous coins will be a must at some point.

hirokazu

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If bitcoin got banned I think another crypto currencies like Ethereum, Waves or Dash will rise in position and would be a benchmark for the price of another coin. If expect crypto world will be in danger, that's will not happen. There are still many that will be his successor.

mrcash02

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Quote from: drm on September 18, 2017, 01:13:07 PM

Quote from: techindo on September 18, 2017, 12:59:47 PM

Don't panic guys , we can sell bitcoin on exchanger support FIAT , and than we can withdraw money on There with FIAT .
we can use payoneer , payeer , or another choise.
Example exchanger support FIAT bitstamp.

So do you think that if they would ban bitcoin, they wouldn't make it illegal or punishable by law to exchange fiat/btc and btc/fiat Roll Eyes

?
It would be disastrous if they'd ever do this.

The fact is that people would have to take the risk to continue dealing with Bitcoins online. There could be several punishments, but I believe for many people it would still worth a lot as Bitcoin changed their lifes and they couldn't keep their life quality without it anymore on their countries. A reasonable solution would be to move themselves to a country where Bitcoin would be still being allowed. If all the world bans it, the only possibility would be to live on the illegality if the person still wants to use Bitcoins...

drm

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Quote from: techindo on September 18, 2017, 12:59:47 PM

Don't panic guys , we can sell bitcoin on exchanger support FIAT , and than we can withdraw money on There with FIAT .
we can use payoneer , payeer , or another choise.
Example exchanger support FIAT bitstamp.

So do you think that if they would ban bitcoin, they wouldn't make it illegal or punishable by law to exchange fiat/btc and btc/fiat Roll Eyes

?
It would be disastrous if they'd ever do this.

techindo

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Don't panic guys , we can sell bitcoin on exchanger support FIAT , and than we can withdraw money on There with FIAT .
we can use payoneer , payeer , or another choise.
Example exchanger support FIAT bitstamp.

gajebo

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Quote from: lady Royal on September 05, 2017, 04:52:08 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.

for now in my country there is no prohibition on crypto and bitcoin. I am quite happy to be involved with bitcoin and there is no prohibition for it. for me bitcoin can represent my life, leads to a better life.

sekapai

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nobody /government/military can banning bitcoin..unless all people go to the new coin and left bitcoin..then bitcoin will dead

James_Spider501

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Seriously it would be the bad day in my life forever because we know that future currency is bitcoin.

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