WHEN ALL GOVERNMENT BAN BITCOIN USAGE AND BITCOIN TRADE - page 2.

stompix

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Quote from: AngelSky on January 05, 2018, 12:23:29 PM

They cannot do anything bro. None of the person or government cannot stop the bitcoin usage or ban it bro. You will find the bitcoin will be on moon. You will get the profit if you hold the bitcoin at anytime. You may see the many trollings about the bitcoin but it is still stands in the market like lion. None one will be able to control the bitcoin since it is decentralized currency.
Many times US and Chinese Government shows the interest and tried to get the patent and many works but no one achieved it.

They will shut down all exchanges.
They will shut down all websites that accept coins.
They will arrest every guy doing business on localbitcoin.
They will confiscate and shut down all mining farms.

What are you going to do?
Where are you going to sell your coins, what are you going to spend them?
SR v4.0.1? Then be ready for 70$ a coin.

Quote from: Haxor321 on January 05, 2018, 12:00:56 PM

I guess government cannot stop the people to buy bitcoin i guess they can banned the usage of bitcoin in their country but not totally banned the bitcoin ti self because it is decentralized and basically it is control by the community so i guess the government have no control to this and can only control a certain part in there country only bitcoin trade it is simply banning the change of their currency into bitcoin so basiccally i guess the people could make a way to buy bitcoin in another currency.

Oh really?
What if the chinese say owning bitcoin is a felony that can be punished with capital punishment ? (they still have the death sentence there).
After 100 bitcoin users executed live on tv on a stadium like they have the habit on doing, do you think somebody will touch bitcoin in China?

I've lived for long enough in a communist country during the age of the warsaw pact to understand that is a government is bent on enforcing something, they will!!!

anitaraymonds

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Government all over at the same time will not ban Bitcoin rather they may try to regulate and break Bitcoin decentralization so that they can have their own share of this massive business. If even it happens the Bitcoin and altcoin community is big enough that they can trade among themselves provided there is internet services.

Mind Control

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Quote from: Chairul Muttaqin on January 05, 2018, 05:06:28 AM

Today, some countries have banned bitcoin for various reasons. they do that to prevent the bad impact of bitcoin to the country or their citizens. there are also many rumors or discourses that many governments in Asia become aware with bitcoin and try to suggest their citizens to don't invest their money in bitcoin. i think it is a sign that they don't prefer bitcoin. Maybe they feel that bitcoin will give bad affect to their economic state

No all countries are trying to against bitcoin nowadays, but how if all countries will ban bitcoin usage and bitcoin trade in the future?
how can bitcoin users do? will they do illegal action by keep using bitcoin or give other solutions?

If ever Bitcoin and other cryptocurrency gets banned worldwide and is treated as illegal then that's it, Bitcoin is illegal. Bitcoin users could file petitions to their government if applicable. People can exercise their rights about this matter. However, Bitcoin will stay illegal unless revoked by the government. Bitcoin users could still use Bitcoin but illegally.

AngelSky

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Quote from: Chairul Muttaqin on January 05, 2018, 05:06:28 AM

Today, some countries have banned bitcoin for various reasons. they do that to prevent the bad impact of bitcoin to the country or their citizens. there are also many rumors or discourses that many governments in Asia become aware with bitcoin and try to suggest their citizens to don't invest their money in bitcoin. i think it is a sign that they don't prefer bitcoin. Maybe they feel that bitcoin will give bad affect to their economic state

No all countries are trying to against bitcoin nowadays, but how if all countries will ban bitcoin usage and bitcoin trade in the future?
how can bitcoin users do? will they do illegal action by keep using bitcoin or give other solutions?

They cannot do anything bro. None of the person or government cannot stop the bitcoin usage or ban it bro. You will find the bitcoin will be on moon. You will get the profit if you hold the bitcoin at anytime. You may see the many trollings about the bitcoin but it is still stands in the market like lion. None one will be able to control the bitcoin since it is decentralized currency.
Many times US and Chinese Government shows the interest and tried to get the patent and many works but no one achieved it.

Patatas

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Quote from: Chairul Muttaqin on January 05, 2018, 05:06:28 AM

Today, some countries have banned bitcoin for various reasons. they do that to prevent the bad impact of bitcoin to the country or their citizens. there are also many rumors or discourses that many governments in Asia become aware with bitcoin and try to suggest their citizens to don't invest their money in bitcoin. i think it is a sign that they don't prefer bitcoin. Maybe they feel that bitcoin will give bad affect to their economic state

-> Bitcoin doesn't have any bad impacts on anything to start with.Secondly,government wants to ban bitcoin because it is proven it's worth by becoming the most expensive digital asset crossing value of fiats.
-> This is generally taken as threat by the corrupt governments who impose policies on citizens by looting our hard earned money.Bitcoin of course is majestic!

Quote from: Chairul Muttaqin on January 05, 2018, 05:06:28 AM

No all countries are trying to against bitcoin nowadays, but how if all countries will ban bitcoin usage and bitcoin trade in the future?
how can bitcoin users do? will they do illegal action by keep using bitcoin or give other solutions?

Simple,move to another coin and if government bans that coin as well,move to another one until government gives up and let's blockchain takes over the world.

venkateshbk9535

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I think ban the Bitcoin trade is not simple it difficult for government because it is decentralized currency no one have control on it. So it is not possible.

proTECH77

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Bitcoin would eventually have no value and would be of no importance if all governments decide to ban the trade and usage of the currency.
Bitcoin itself as a digital currency, has no value, you can only get its value when been traded or used for other transactions.

QuestionAuthority

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You lead and I'll watch you walk away.

We will just need to start using dollars to buy drugs then.

soham

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Quote from: Chairul Muttaqin on January 05, 2018, 05:06:28 AM

Today, some countries have banned bitcoin for various reasons. they do that to prevent the bad impact of bitcoin to the country or their citizens. there are also many rumors or discourses that many governments in Asia become aware with bitcoin and try to suggest their citizens to don't invest their money in bitcoin. i think it is a sign that they don't prefer bitcoin. Maybe they feel that bitcoin will give bad affect to their economic state

No all countries are trying to against bitcoin nowadays, but how if all countries will ban bitcoin usage and bitcoin trade in the future?
how can bitcoin users do? will they do illegal action by keep using bitcoin or give other solutions?

If "ALL COUNTRIES" ban bitcoin then bitcoin won't exist openly apart from darknet. You can take an example of cocaine here. It is banned globally but still being used by certain groups. Not openly but pretty much underground. The same thing will happen to bitcoin as well. However, a lot of countries are now debating on the entire crypto scenario and they are yet to come up with a concrete announcement. Even though some countries banned bitcoin, but we also have Japan who legalised it. So we still have hope.

Haxor321

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Quote from: Chairul Muttaqin on January 05, 2018, 05:06:28 AM

Today, some countries have banned bitcoin for various reasons. they do that to prevent the bad impact of bitcoin to the country or their citizens. there are also many rumors or discourses that many governments in Asia become aware with bitcoin and try to suggest their citizens to don't invest their money in bitcoin. i think it is a sign that they don't prefer bitcoin. Maybe they feel that bitcoin will give bad affect to their economic state

No all countries are trying to against bitcoin nowadays, but how if all countries will ban bitcoin usage and bitcoin trade in the future?
how can bitcoin users do? will they do illegal action by keep using bitcoin or give other solutions?

I guess government cannot stop the people to buy bitcoin i guess they can banned the usage of bitcoin in their country but not totally banned the bitcoin ti self because it is decentralized and basically it is control by the community so i guess the government have no control to this and can only control a certain part in there country only bitcoin trade it is simply banning the change of their currency into bitcoin so basiccally i guess the people could make a way to buy bitcoin in another currency.

Yakamoto

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Quote from: Chairul Muttaqin on January 05, 2018, 05:06:28 AM

Today, some countries have banned bitcoin for various reasons. they do that to prevent the bad impact of bitcoin to the country or their citizens. there are also many rumors or discourses that many governments in Asia become aware with bitcoin and try to suggest their citizens to don't invest their money in bitcoin. i think it is a sign that they don't prefer bitcoin. Maybe they feel that bitcoin will give bad affect to their economic state

No all countries are trying to against bitcoin nowadays, but how if all countries will ban bitcoin usage and bitcoin trade in the future?
how can bitcoin users do? will they do illegal action by keep using bitcoin or give other solutions?

There isn't anything that can be done once a government completely outlaws Bitcoin in their country aside from taking some less-than-flavorful actions if they want to get their investment out of Bitcoin and into their hands. Depending on the penalties for the misuse (or use) or Bitcoin in countries with restrictions, there might be a lot or a few people willing to skirt the law so they can get their money, but it always depends on who it is and how much money he has invested in it.

Most people, if given the chance to remove their investment before Bitcoin gets outlawed in their country, would likely pull their money out.

rogersan

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Quote from: pentol86 on January 05, 2018, 06:56:33 AM

with bitcoin price now, some government will think twice for banned bitcoin. they can get tax for every bitcoin transaction, also tax for asset from bitcoin

What they will take a tax from bitcoin? There is no tax in Decentralized system of bitcoin. And ban bitcoin is not about how high the bitcoin price is. But the government will consider about their economical side. The giants of banking will be no longer conquer the Ecosystem

W4terhouse

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Quote from: masphie on January 05, 2018, 09:28:37 AM

Quote from: Chairul Muttaqin on January 05, 2018, 05:06:28 AM

Today, some countries have banned bitcoin for various reasons. they do that to prevent the bad impact of bitcoin to the country or their citizens. there are also many rumors or discourses that many governments in Asia become aware with bitcoin and try to suggest their citizens to don't invest their money in bitcoin. i think it is a sign that they don't prefer bitcoin. Maybe they feel that bitcoin will give bad affect to their economic state

No all countries are trying to against bitcoin nowadays, but how if all countries will ban bitcoin usage and bitcoin trade in the future?
how can bitcoin users do? will they do illegal action by keep using bitcoin or give other solutions?

I think that is imposible...
But, if this happen... This is will be serious problem for bitcoin investor and or bounty participant.
In case, government and altcoin player must be discussion about the problem to make a deal for good solution.

Agree. I think it is going through some regulation, and later you need to pay taxes for the transactions. There is too much money for trying to ban it.

masphie

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Quote from: Chairul Muttaqin on January 05, 2018, 05:06:28 AM

Today, some countries have banned bitcoin for various reasons. they do that to prevent the bad impact of bitcoin to the country or their citizens. there are also many rumors or discourses that many governments in Asia become aware with bitcoin and try to suggest their citizens to don't invest their money in bitcoin. i think it is a sign that they don't prefer bitcoin. Maybe they feel that bitcoin will give bad affect to their economic state

No all countries are trying to against bitcoin nowadays, but how if all countries will ban bitcoin usage and bitcoin trade in the future?
how can bitcoin users do? will they do illegal action by keep using bitcoin or give other solutions?

I think that is imposible...
But, if this happen... This is will be serious problem for bitcoin investor and or bounty participant.
In case, government and altcoin player must be discussion about the problem to make a deal for good solution.

W4terhouse

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Quote from: nathanbryce on January 05, 2018, 08:01:30 AM

To ban the trade of bitcoin would mean to ban the trade of bitcoins into a fiat currency of the native country.

That would mean you can´t change BTC to $ or something similar. You just have to change to € and than to $. I don´t think that BTC can´t be banned, too. Only shut down the internet. Worldwide.

hercules006

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Im not a pro, i just read a lot, as for my understanding bitcoin cannot be controlled, your anonymous when using it. You can break the law, even if they ban bitcoin, they cant still prevent people from using it. So it still make sense because some will still use it. You know? Money of hackers? Or the one who want to be invinsible? There are a lot of people buying it, sounds crazy but consider crypto kitties? Hahahaha

nathanbryce

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To ban the trade of bitcoin would mean to ban the trade of bitcoins into a fiat currency of the native country. That won't be a problem as people of that country would still be able to buy bitcoin and trade it for other cryptocurrencies.
Banning the entire trade of bitcoins would mean to shut down the internet which is totally impossible.

pentol86

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with bitcoin price now, some government will think twice for banned bitcoin. they can get tax for every bitcoin transaction, also tax for asset from bitcoin

W4terhouse

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Quote from: hadveach on January 05, 2018, 05:57:29 AM

it is a bad thing for, if all countries prohibit the use of bitcoin and bitcoin trade, then bitcoin will die. and bitcoin users will not be able to make transactions. but it will not happen. although someday bitcoin is forbidden, however there will be people who break the rule.

Luckily you will not need to go to local stores to buy Bitcoins. So you are also able to go via Proxy to Europe or Mexico to buy and trade there. You will only get Problems if the government chooses to censore the addresses with geofencing so you don´t have it easy to reach the trading pages.

But i´m sure that is not coming. I believe they are more into regulation and recieving taxes for the trades. Seems to me more realistic.

hadveach

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it is a bad thing for, if all countries prohibit the use of bitcoin and bitcoin trade, then bitcoin will die. and bitcoin users will not be able to make transactions. but it will not happen. although someday bitcoin is forbidden, however there will be people who break the rule.

Topic: WHEN ALL GOVERNMENT BAN BITCOIN USAGE AND BITCOIN TRADE - page 2. (Read 441 times)