What would happen if BTC was Banned? - page 61.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: BitcoinPC on November 07, 2016, 11:21:51 PM

Don't say that Bitcoin would be banned because it being a reason heart attack to me. Because now i know very well about bitcoin and also i have investment-ed on it near about my assets of 30% than if i hear that bitcoin has been banned than believe me i have a big lose, So i really don't want to think that bitcoin would be banned in future or now.
Secondly, about the OP, i also do my work with bitcoin if bitcoin live or not. But i believe the day will never come, because when bitcoin came in that time many government accept it with a open heart.

Not only to your, I guess for the majority of people here. Bitcoin has been very helpful to us to do our wants online and with bitcoin we have form a great community of intelligent people where with bitcoin we have unity here. The fact that we can trade with bitcoin we will lose our money generating venture.

BitcoinPC

hero member

Activity: 812

Merit: 500

Don't say that Bitcoin would be banned because it being a reason heart attack to me. Because now i know very well about bitcoin and also i have investment-ed on it near about my assets of 30% than if i hear that bitcoin has been banned than believe me i have a big lose, So i really don't want to think that bitcoin would be banned in future or now.
Secondly, about the OP, i also do my work with bitcoin if bitcoin live or not. But i believe the day will never come, because when bitcoin came in that time many government accept it with a open heart.

Japinat

hero member

Activity: 3052

Merit: 685

Quote from: madwica on November 07, 2016, 08:15:24 PM

Quote from: bhadz on November 07, 2016, 06:46:26 PM

Quote from: RealEstCoin on November 07, 2016, 06:16:28 PM

Bitcoin is not going to be banned. It may be regulated, but definitely not banned.

You have the point that bitcoin will not be banned globally, it may be regulated but the chance of getting banned of bitcoin for a certain and specific country is possible. Just like what did Russia decided to ban bitcoin at first so the people who are using bitcoin their are doing crime if they are going to use bitcoin but good thing now they removed the ban.

If bitcoin would be government regulated it would be imposed a taxed and that is not be like for more users, we are happy on the services of bitcoin with low transaction fees and i think if bitcoin would be banned it because more users using it in illegal purposes.

Government might ban it if it will already pose a risk in the government system, it is completely opposite on what the government would want, they want our transactions to be transparent but there is no assurance our privacy will be protected.

Corruptions happen in the government but with bitcoin it's a fair practice here.

madwica

hero member

Activity: 714

Merit: 531

Quote from: bhadz on November 07, 2016, 06:46:26 PM

Quote from: RealEstCoin on November 07, 2016, 06:16:28 PM

Bitcoin is not going to be banned. It may be regulated, but definitely not banned.

You have the point that bitcoin will not be banned globally, it may be regulated but the chance of getting banned of bitcoin for a certain and specific country is possible. Just like what did Russia decided to ban bitcoin at first so the people who are using bitcoin their are doing crime if they are going to use bitcoin but good thing now they removed the ban.

If bitcoin would be government regulated it would be imposed a taxed and that is not be like for more users, we are happy on the services of bitcoin with low transaction fees and i think if bitcoin would be banned it because more users using it in illegal purposes.

john2231

hero member

Activity: 924

Merit: 1001

Quote from: bhadz on November 07, 2016, 06:46:26 PM

Quote from: RealEstCoin on November 07, 2016, 06:16:28 PM

Bitcoin is not going to be banned. It may be regulated, but definitely not banned.

You have the point that bitcoin will not be banned globally, it may be regulated but the chance of getting banned of bitcoin for a certain and specific country is possible. Just like what did Russia decided to ban bitcoin at first so the people who are using bitcoin their are doing crime if they are going to use bitcoin but good thing now they removed the ban.

Globally it should not be banned but we have different rules in every country and come country bitcoin will be ban because of illegal activities that they prevent to happen in their country for buying using bitcoin in deep web or darkweb..
But i think there is still some russian people who are using bitcoin and i think its just a term that i didnt hear the real reason why they are banning bitcoin since bitocin is just a currency online alternative payment for paying services or buying something.

bhadz

hero member

Activity: 2646

Merit: 584

Payment Gateway Allows Recurring Payments

Quote from: RealEstCoin on November 07, 2016, 06:16:28 PM

Bitcoin is not going to be banned. It may be regulated, but definitely not banned.

You have the point that bitcoin will not be banned globally, it may be regulated but the chance of getting banned of bitcoin for a certain and specific country is possible. Just like what did Russia decided to ban bitcoin at first so the people who are using bitcoin their are doing crime if they are going to use bitcoin but good thing now they removed the ban.

bohr

sr. member

Activity: 994

Merit: 257

If bitcoin was outlawed we don’t know what will happen for example in the worst case scenario people will get out of bitcoin in droves and that could kill bitcoin, in the other hand bitcoin may become even more valuable as many things which have become illegal.

Skarner21

hero member

Activity: 700

Merit: 500

Massive price drop coming...

Quote from: whizter on November 07, 2016, 04:33:37 PM

Quote from: Gasturcas on November 07, 2016, 01:58:43 PM

Honestly speaking. Bitcoin was already established for a long time. Many people owns bitcoin and it is very impossible for this cryptocurrency to be banned. Many online merchants accepts payment through bitcoin and continously used for other transactions. Ofcourse, If bitcoins is banned. Lets say a new age of war will begin. I see a vision of digital war

people will protest and ofcourse online hacking will be rampant. So I dont see it coming because it may ruin the balance of economy.

yes it is a fact that it depend on the people interest, if people are interested in buying bitcoin then it is not possible to be banned and if unfortunately it become banned by the government then people will find other ways of using it.

I do not understand what you mean but i think there is some reason why they are banning bitcoin by government if people are interested to buy bitcoins because of gambling casinos online in some country they should be ban because of their regulation..
It is depends of the law of the country if gambling is ban in their country and they seen that they use bitcoin as alternative to gamble government can ban it because of the laws.

RealEstCoin

member

Activity: 110

Merit: 10

The Commercial Real Estate Coin

Bitcoin is not going to be banned. It may be regulated, but definitely not banned.

whizter

hero member

Activity: 588

Merit: 500

Quote from: Gasturcas on November 07, 2016, 01:58:43 PM

Honestly speaking. Bitcoin was already established for a long time. Many people owns bitcoin and it is very impossible for this cryptocurrency to be banned. Many online merchants accepts payment through bitcoin and continously used for other transactions. Ofcourse, If bitcoins is banned. Lets say a new age of war will begin. I see a vision of digital war

people will protest and ofcourse online hacking will be rampant. So I dont see it coming because it may ruin the balance of economy.

yes it is a fact that it depend on the people interest, if people are interested in buying bitcoin then it is not possible to be banned and if unfortunately it become banned by the government then people will find other ways of using it.

ivanpoldark

sr. member

Activity: 700

Merit: 250

I do not believe in world government. Therefore, it seems to me impossible everywhere and immediately prohibit Bitcoin

Gasturcas

full member

Activity: 188

Merit: 100

Honestly speaking. Bitcoin was already established for a long time. Many people owns bitcoin and it is very impossible for this cryptocurrency to be banned. Many online merchants accepts payment through bitcoin and continously used for other transactions. Ofcourse, If bitcoins is banned. Lets say a new age of war will begin. I see a vision of digital war

people will protest and ofcourse online hacking will be rampant. So I dont see it coming because it may ruin the balance of economy.

Doamader

hero member

Activity: 756

Merit: 501

I dont care what governemnts say about bitcoin at all, if they ban bitcoin we would do the same way as dark marketplaces we will keeping using it but hidden, we always found solutions to any problem those politicians try to take from us.

Daffadile

hero member

Activity: 1162

Merit: 500

CryptoTalk.Org - Get Paid for every Post!

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?

Worldwar 3 !!

You can't just make things illigal. This would just cause a massive war like never seen before. This will attack peoples freedom and people will die for their freedom so you tell me . How far have people gone in the past for freedom ? There is your answer.

marleybobthedog

full member

Activity: 210

Merit: 100

I think since no one can control the bitcoin network along so no one could ever ban the system because bitcoin it pseudonymous system and even if it is banned some user will continue the use of bitcoin.

requester

sr. member

Activity: 280

Merit: 250

who cares even if bitcoin is banned some miner will continue mining and no one could ever notice or could track him. May be bitcoin be banned but it would be taken off from internet but in dark net it would continue its lifestyle in dark net.

Seansky

hero member

Activity: 560

Merit: 500

One of the impossible things that might happen against bitcoin is it being banned all over the world. Even if some countries ban it, There will always be a place where it is fully legal. In my opinion if this scenario will happen, I think many of us is gonna continue using bitcoin since many illegal things are still used in every country we will just hide it and be silent about it. It will be hard though to exchange bitcoin to fiat if bitcoin got banned all over the world.

Mark02

full member

Activity: 224

Merit: 100

Quote from: ?? on ??

If Bitcoin was banned many
people will be disappointed
because bitcoin is a helpful one.

Yeah, and if it was banned. Bitcoin users will not have an opportunity to earn some money for their living and since some of the businesses involves bitcoin I think it will affect our economy also. But, I don't think it will be banned since it does not do bad things. Maybe they will do it when they want to have a tax to it and we don't agree to that. It is our lost when they will not permit us to use that for our own purposes.

ShowOff

legendary

Activity: 2618

Merit: 1181

Quote from: millgates on November 07, 2016, 12:42:24 AM

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 am Not really sure, may be goverment will pay genious in computer to block bitcoin. But if there is ginna be various vpn we can still use bitcoin.

i think it is not about how we can access bitcoin , but how if government block and close some exchangers and we don't know where we can exchange bitcoin to fiat. i think nothing people can do about it

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: carlerha on November 07, 2016, 01:23:37 AM

Quote from: madwica on November 07, 2016, 12:54:21 AM

Quote from: millgates on November 07, 2016, 12:42:24 AM

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 am Not really sure, may be goverment will pay genious in computer to block bitcoin. But if there is ginna be various vpn we can still use bitcoin.

I think more users will get angry to bitcoin management if bitcoin will get banned in the country which is more users live there, and the trust of other users in different country will get lost the bitcoin will die for sure.

hope we will not face the same situation, as the users of bitcoin are increasing regularly which is making bitcoin more stronger and therefore it is not possible that bitcoin can be banned.

I hope so because bitcoin is so valuable to me. We cannot see what the future will bring but I am so confident will remain strong and will not be ban in the future. If ever bitcoin will be ban, for sure we will not exist in this community again so let us not hope for that to happen.

Topic: What would happen if BTC was Banned? - page 61. (Read 65852 times)