What would happen if BTC was Banned? - page 4.

setialovers

member

Activity: 812

Merit: 11

Quote from: Lubang Bawah on March 22, 2018, 11:45:34 AM

I think bitcoin banned will not matter as long as bitcoin community strengthens, we all know that if banned is only one or two countries while other countries legalize then this will never be a serious problem.

Bitcoin can grow so fast because the community. With strong community, bitcoin more popular and reaching highest price a few weeks ago. I think bitcoin not affected with bans from government because bitcoin is decentralized system

buldogers

jr. member

Activity: 232

Merit: 2

I dont think it can easily be banned because it is all over the internet unless all countries agrees to ban crypto or to shutdown the internet. But if it ban, i think all cryptocurrencies have possibility to get banned as well.

kmlhsan

newbie

Activity: 106

Merit: 0

It has already banned by most of the country's government. But still we are using it. So what is the problem. There is no problem. Use Bitcoin secretly.

Joylee

member

Activity: 168

Merit: 10

I can't envisage bitcoin being banned. Not in the near future and not later. But if we are to assume it happens, then that will make a lot of bitcoiners law breakers and hence criminals.

teejayrichard2

member

Activity: 574

Merit: 12

if btc get banned, people will panic and sell off btc at a very very low price so as not to loose completely. the value of btc will drop to the nearest minimum and even become useless. though this is unlikely because the world is beginning to accept bitcoin gradually but if it does happen then that is the end of bitcoin

gladiusnl

newbie

Activity: 223

Merit: 0

I think there is no way to ban Bitcoin, it's decentralized currency and anonymous, and people could keep using it even if governments tried to ban it. If bitcoin is banned then the chance to get adopted by many countries will not exist because banning bitcoin will result for having bad reputation to others and development for bitcoin will be hard because for sure the authorities will arrest people who try to help in improving bitcoin since they didn't obey the law.

azisdoank

newbie

Activity: 171

Merit: 0

well i think nothing would happen but people losing their Bitcoin, we would just have to go on with our lives and try to make some extra money in a other way.It is really something if Bitcoin is banned if you still have Bitcoin left because then you cannot sell them and I would probably hold the ones I already own and when it's comes to a point where Bitcoin is so much worth, that I don't have to work for the rest of my life, I would move to a country where it hasn't been made illegal and sell my bitcoins

MLBBPLG

newbie

Activity: 154

Merit: 0

if all countries have banned bitcoin, then what I think is the bitcoiners community will act to discuss why bitcoin is banned?
if indeed bitcoin is even detrimental to a country that prohibits bitcoin, the reason why it could harm the country that has banned bitcoin.

carens

newbie

Activity: 61

Merit: 0

I think if bitcoint is banned, there will be no more digital currencies, and there will be a lot of people who are very disappointed, because bitcoint is very much helping the economy ..

RubiKa

newbie

Activity: 65

Merit: 0

The US government has already stated it's too late to stop bitcoin and they cant shut it down. As long as there are banking crisis on after the other bitcoin will grow. One way or another.

Lubang Bawah

sr. member

Activity: 1358

Merit: 253

I think bitcoin banned will not matter as long as bitcoin community strengthens, we all know that if banned is only one or two countries while other countries legalize then this will never be a serious problem.

irinalevina456

newbie

Activity: 23

Merit: 0

opinions disagree whether to introduce bitcoins as the official currency? My personal opinion at the moment it will be difficult

irinalevina456

newbie

Activity: 23

Merit: 0

opinions disagree whether to introduce bitcoins as the official currency? My personal opinion at the moment it will be difficult

Glorypaasa

full member

Activity: 420

Merit: 100

Quote from: Blawpaw on December 18, 2015, 11:23:14 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 when this happens the countries will put their attention to destroying and finding the root of this Bitcoin and it will be a hard time. The value may begin to increase since it is already illegal. Also with this, some may be in jail because even if it's still illegal we all know what Bitcoin can give to an individual and some need that money in order to satisfy their financial lacking. Also the era and the career of all cryptocurrency will be put into law too so it will all be gone.

Matildada

newbie

Activity: 98

Merit: 0

Quote from: Blawpaw on December 18, 2015, 11:23:14 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?

If is banned from all countries around the world bitcoin, then I think it will bring great for bitcoin, bitcoin prices would fall a lot, going to death I don't think it would make the bitcoin, which causes the bitcoin to community is less

Genosx

full member

Activity: 434

Merit: 100

If bitcoin banned, the price of bitcoin and altcoins will strike in to very low price. The demand in bitcoin will decrease, so its price and value will also decrease.
Maybe many people will be panic selling. They may think that bitcoin will lose its value in the market.

DoublerHunter

hero member

Activity: 2590

Merit: 644

Quote from: pathapoddo on March 16, 2018, 01:44:53 AM

Bitcoin has already banned in every country. In my country it had banned and declared the punishment to use Bitcoin that have to go to jail for 12years. I have to use Bitcoin so secretly.

Bitcoin is "not" banned in every country because if bitcoin is banned in every country then there will be no people that will keep getting to this forum to socialize and work for bitcoin because there is no sense to just work in bitcoin if they cannot use it. Bitcoin is still on the progress of getting know by the officials so if they get convinced then they will make it as a legal currency.

pathapoddo

full member

Activity: 448

Merit: 100

CRYPTOCITIZEN $CCASH

Bitcoin has already banned in every country. In my country it had banned and declared the punishment to use Bitcoin that have to go to jail for 12years. I have to use Bitcoin so secretly.

Biasaae

newbie

Activity: 168

Merit: 0

Quote from: Blawpaw on December 18, 2015, 11:23:14 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?

Certainly, all the people all over the World who know Bitcoin will make a big war against all Government. Because they certainly will not accept the Government's decision prohibiting Bitcoin around the World.

MINHAJ_VI

newbie

Activity: 49

Merit: 0

Quote from: Blawpaw on December 18, 2015, 11:23:14 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?

That's not a big deal.Banned by govt. isn't a big thing.I will continue after all happen

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