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Topic: What would happen if BTC was Banned? - page 23. (Read 65851 times)

legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
October 16, 2017, 07:35:32 AM
For now I think it's going to be tough if want to ban bitcoin, because bitcoin communities are big enough in the world and bitcoin users also feel good results from bitcoin because bitcoin has good potential in the future, so chances are if bitcoin is banned then this community will move for fight it. I personally would not agree if bitcoin is banned, we must maintain the existence of bitcoin in this world.
newbie
Activity: 2
Merit: 0
October 16, 2017, 07:18:46 AM
Drugs, Gambling and Flesh Trade is banned in 98% countries in the world, yet it thrives in every country.
Bitcoin is already a payment system acceptable in 90+ countries and another similar amount of countries are neutral about it and most of them are not exactly ready for it. Its only about 50-60 countries which have made it illegal and trade happens there as well.
full member
Activity: 364
Merit: 100
October 16, 2017, 05:27:14 AM
I'm not sure that's going to happen because some countries are now legalizing bitcoins, but if you say it's likely that there will be a mess in some places because the state bans bitcoins. some people only rely on bitcoin and altcoin to get money and quit their jobs because bitcoin so automatically they will not agree and do anarchist action
full member
Activity: 350
Merit: 100
October 16, 2017, 04:46:42 AM
What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?

I think that even bitcoin is banned, it does not mean that it would worth any less. But still no one can stop how it travel through internet and be known worldwide. So what if btc is banned. Then save more then when the supply will be more limited because no one is using it as payment then prices will go up.
Btc will never be banned for long. You will just be rich in the bright side.

Bitcoin can be banned in some other country but not on the entire world. Companies will fight back since they invest a lot of money to keep it running and i think that bitcoin that is circulating the market is unstoppable and it will be a business through the years that will come.
according to my opinion its true that some countries are banned bitcoin in their countries but the bitcoin has no affect on this banned because if we can judge the rate and popularity rate of bitcoin after that banned it is increased very quickly so this prove that it is impossible to ban bitcoin in the whole world because more and more people are busy in investing in bitcoin.
full member
Activity: 448
Merit: 100
Lets Go Adab
October 16, 2017, 03:49:39 AM
What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?

I think that even bitcoin is banned, it does not mean that it would worth any less. But still no one can stop how it travel through internet and be known worldwide. So what if btc is banned. Then save more then when the supply will be more limited because no one is using it as payment then prices will go up.
Btc will never be banned for long. You will just be rich in the bright side.

Bitcoin can be banned in some other country but not on the entire world. Companies will fight back since they invest a lot of money to keep it running and i think that bitcoin that is circulating the market is unstoppable and it will be a business through the years that will come.
full member
Activity: 210
Merit: 128
October 16, 2017, 03:36:30 AM
If bitcoin is banned and it's gone forever I have nothing to do with life and many of us will lose daily income and I can not even raise money and hopefully the bitcoin will not be banned because I have more the dreams that I want to accomplish and this is because of bitcoin and if banned the bitcoin is just my oppression.
member
Activity: 103
Merit: 10
“OPEN GAMING PLATFORM ”
October 15, 2017, 08:44:32 PM
What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
If the government will declare that bitcoin will be illegal, those people who have bitcoin or earning bitcoin will have a hard time earning it and using it. Since it is illegal, it is punishable by law. Some of the people who knew bitcoin will just forget it because theyre scared to go to jail while some people will continue using and earning it but in a secret way.
sr. member
Activity: 686
Merit: 251
I'm investigating Crypto Projects
October 15, 2017, 08:43:55 PM
The price would crash if it was banned that's a fact. Also the users would be cut 80 or more %
newbie
Activity: 28
Merit: 0
October 15, 2017, 08:36:36 PM
It won't be banned. A lot of big people have interest in it.
sr. member
Activity: 253
Merit: 250
October 15, 2017, 04:10:27 PM
If BTC was banned that would just end up being good for the price because once again Bitcoin will bounce back from the FUD and become stronger like it always has.
full member
Activity: 248
Merit: 100
October 15, 2017, 02:06:45 PM
I'm not sure bitcoin will be banned, all the people who invest in bitcoin, and aja also that only save bitcoin, never even buy it, bitcoin almost everyone knows, and it is not possible bitcoin will be banned
sr. member
Activity: 1316
Merit: 422
Catalog Websites
October 15, 2017, 02:05:41 PM
If bitcoin banned all governments in the world. Of course bitcoin die. And money was invested evaporates in the air. And this question just "if". Bitcoin will not be banned because each government has different view on bitcoin.
sr. member
Activity: 588
Merit: 251
October 15, 2017, 01:56:43 PM
Bitcoin cannot be totally banned by all countries, and when you say 'banned' , that will be shutting down the internet. Apart from that, bitcoin will still be used by people and cannot be locked out from the internet.
member
Activity: 61
Merit: 10
Be kind with Donate Me :-P
October 15, 2017, 01:30:55 PM
What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?

Otherwise i think about the government now try to found their role in crypto world. Because in this world people can make money too, and who doesnt want money at all now ? IMHO
I just hope bitcoin will found their way to our life
full member
Activity: 476
Merit: 100
October 15, 2017, 01:23:16 PM
If Bitcoin is ban by virtually all the government of the world , then  there will be darkness in the cryptocurrency world. A lot asset will be lost and some people may lose their life because of their loss. It will be catastrophic and terrible. Hope it will never be possible. 
full member
Activity: 294
Merit: 107
October 15, 2017, 01:16:45 PM
BTC cannot be banned, but if goverments aim to have more regulations, than anonymous Coins will take the lead in the futute, I assume.

A good example of an anonymous coin is DeepOnion. As you see from my signature, I support DeepOnion whereever I can. It is better than Monero. ITs just a few months old.
sr. member
Activity: 826
Merit: 250
Bitgesell (BGL) Decentralized Cryptocurrency!
October 15, 2017, 01:13:29 PM
I think bitcoin cannot be banned. Because it is not illegal and nothings wrong about using it. Actually bitcoin helps many people. Goverment would like to put tax on it when they see people are earning money without paying tax.
Bictoin cannot be banned but  bitcoin illegal some country.Like as some asia country bitcoin or crypto currency illegal because government did not allow bitcoin.
full member
Activity: 2590
Merit: 228
October 15, 2017, 01:09:14 PM
i can't seen in my eyes bitcoin banned by all government we need to be positive thinking for the stronger of bitcoin as first digital cryptocurrency, bitcoin have a big help for the nation accepting as currency.
newbie
Activity: 14
Merit: 0
October 15, 2017, 01:01:48 PM
What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
People would go in tremendous amount of loss but i don't think that crypto currency would be banned because many people are supporting it and it is a valid currency.
member
Activity: 72
Merit: 10
September 15, 2017, 06:51:59 AM
I think bitcoin cannot be banned. Because it is not illegal and nothings wrong about using it. Actually bitcoin helps many people. Goverment would like to put tax on it when they see people are earning money without paying tax.
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