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Topic: What would happen if BTC was Banned? - page 9. (Read 65851 times)

hero member
Activity: 2156
Merit: 531
January 19, 2018, 02:30:12 PM
I dont care if bitcoin is illegal in the eyes of the law ,I will still use it even though its illegal because I know bitcoin is not dependent on major publishers let alone to government ,nor will people not give up on illegal ones and they will use like me
member
Activity: 308
Merit: 30
January 19, 2018, 02:20:08 PM
if the bitcoin was banned around the world, maybe the system of it will be down because no more users and investors using it, and they will not earn money from it, because it is banned.
sr. member
Activity: 532
Merit: 250
January 16, 2018, 12:09:28 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?
I think if they banned bitcoin globally I think it will have a negatove effect in bitcoin industry and in bitcoin community. Furthermore, I think if they banned it the price of bitcoin will dropped to $0 and there will no investors that will invest in bitcoin or in cryptocurrency.
newbie
Activity: 19
Merit: 0
January 16, 2018, 11:02:45 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?


Of course there's no bitcoins. But they can not stop its system and run it. Because only satoshin nakamoto was only able to control it.
full member
Activity: 209
Merit: 100
January 16, 2018, 10:58:44 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?
demand of bitcoin will badly effect and price will crashing.
bitcoin will back to be used for Dark net and bad things
I do not think that it will ever happen to me i think that very soon other countries will also accept bitcoin as legal currency, because bitcoin is now become more popular and very soon we will be able to use bitcoin for every thing want  not only for online purpose but will also be use as in local shops.
newbie
Activity: 6
Merit: 0
January 16, 2018, 10:53:46 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?
demand of bitcoin will badly effect and price will crashing.
bitcoin will back to be used for Dark net and bad things
full member
Activity: 258
Merit: 100
January 16, 2018, 06:55:33 AM
Bitcoin is a new generation of decentralized digital currency, created and operating only on the Internet. No one controls it, currency issuance occurs through the work of millions of computers around the world, using a program to calculate mathematical algorithms. This is the essence of bitcoin. If the governments of all countries at the peak of bitcoin's growth block the blockchain and, accordingly, the Internet, then the great depression will seem to be just an easy confusion and humanity is simply bent.
newbie
Activity: 5
Merit: 0
January 16, 2018, 05:41:52 AM
if this happens I will sell all my coin even if not a lot of money because if the government in this world prohibits bitcoin then bitcoin price will be according and this bitcoin will be closed
No i don't think so, do you see the china goverment? They can't stop Bitcoin at all. LOL
full member
Activity: 405
Merit: 100
January 16, 2018, 05:41:29 AM
If this happen, bitcoin is illegal, i think people will continue to use bitcoin and bitcoin will still remain of its price. I think this can be never happen to the bitcoin was banned and its impossible the government to make it illegal, because there are some countries bitcoin is already legal and regulated. No one government declared bitcoin is illegal because this is a  best source of income and its an international currency.
member
Activity: 66
Merit: 10
January 16, 2018, 05:33:15 AM
if this happens I will sell all my coin even if not a lot of money because if the government in this world prohibits bitcoin then bitcoin price will be according and this bitcoin will be closed
full member
Activity: 336
Merit: 100
January 16, 2018, 05:29:22 AM
if this happens. Maybe I will sell all the bitcoins to recover some capital. Because if my country prohibits the use of bitcoin, the use of bitcoin will be considered a violation of law and I do not want to violate the law. I hope this will never happen. by bitcoin is really good
full member
Activity: 342
Merit: 108
Bounty Detective
January 16, 2018, 05:04:57 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 bitcoin would be illegal , the community for sure will cause chaos over the social media especially here in the forum , there will be also lot of news about bitcoin on why it is banned and why it became illegal . All we can do for sure is wait for the moment that they unban the bitcoin.
sr. member
Activity: 726
Merit: 251
January 16, 2018, 04:50:10 AM
If bitcoin is prohibited, I do not know what will happen for example in the worst case scenario people will get out of bitcoin bites and could have killed bitcoin otherwise bitcoin could be more valuable because many things become illegal.  Cool
member
Activity: 61
Merit: 10
January 16, 2018, 04:04:53 AM
Shouldn't be possible that this will happen. If it really happens, it just mean that the world leaders are not ready for the digital revolution which is impossible.
newbie
Activity: 24
Merit: 0
January 16, 2018, 04:01:02 AM
lets hope that it will not happen. bitcoin helps us because of its high profit job
member
Activity: 208
Merit: 10
January 16, 2018, 03:05:33 AM
Chances are when bitcoin is forbidden, all bitcoiners will get upset, and of course millions using bitcoin will lose their jobs,
jr. member
Activity: 322
Merit: 3
January 16, 2018, 02:03:03 AM
There will be great financial lose for many people, including members of governments, from different countries, so I don't think it will be totally banned.
sr. member
Activity: 590
Merit: 258
January 16, 2018, 01:59:55 AM
if the bitcoin was banned I think the price of it will get lower and lower, because many users will disappear and they free their stock.
Also when it happens many of the investors will pull out their investments and leave bitcoin, when it happen I think the system of bitcoin will be down, because its depend on the user.
member
Activity: 308
Merit: 10
January 13, 2018, 02:17:13 PM
Once BTC is banned and disappears, people might be looking for a new alternative to invest their money and let it grow the same process as Bitcoin.
Bitcoin will never banned because bitcoin is very helpfull for every person who want to need bitcoin for their best lifestyle and i thinl so government will accept bitcoin and they will more improve mayest  people get more profit and they secure their future.
newbie
Activity: 10
Merit: 0
January 13, 2018, 02:08:26 PM
Once BTC is banned and disappears, people might be looking for a new alternative to invest their money and let it grow the same process as Bitcoin.
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