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Topic: With Governments Banning Bitcoins. Its Going To be Dead By 2020 (Read 367 times)

sr. member
Activity: 742
Merit: 250
I think these are just subjective judgments. I have a different view, crypto is the technology currency, they are gradually becoming a trend in the present and in the future. The nature of cryptocurrency is hierarchical, so governments are difficult to control their use. At the moment, I've seen some big countries accept Bitcoins as well as many other altcoins is official currencies. Crypto will continue to grow, it will not die by 2020
full member
Activity: 462
Merit: 100
With Governments Banning Bitcoins. Its Going To be Dead By 2020. As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government. So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.
I would like to ask you what you mean by 95% of people will stop illegal stuffs when Bitcoin is banned? Dude, how old are you, 9 months? How can you say that stopping Bitcoin will reduce such crimes by 95%? These are things that have been around even before the so called Satoshi Nakamoto was born on earth. People has been into all these illegal stuffs like drugs, killing, stealing, scams like ponzi scheme and the rest of them even before anyone thought of cryptocurrencies. Banning Bitcoin won’t end anything, so stop it.
legendary
Activity: 3164
Merit: 1127
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With Governments Banning Bitcoins. Its Going To be Dead By 2020.

How many countries are there in the world and how many countries have you seen ban bitcoin? in the end few countries will ban bitcoin and most countries will accept bitcoin

As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government.

as I said, it will not be all the countries in the world that will ban bitcoin, so people will always be able to buy bitcoins and they will have the option to travel to the countries that are friendly with bitcoin

So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.

You are spreading fear in people, you are being pessimistic and that is very bad.
newbie
Activity: 154
Merit: 0
2020 will be a new beginning for Bitcoin and other cryptocurrencies all over the world. i don't see bitcoin going to an end. more digital currencies are springing forth and they are doing fine in the coin market. lets stop fake news that could bring panic to people.
hero member
Activity: 1274
Merit: 516
If all the governments in the world agree to banned bitcoin then it will be the end, but there are some countries that not going to banned bitcoin, instead they will be regulate it, not to mention Japan already legalize bitcoin, so your prediction wont happened, so stop spreading fud and panic sell, we dont need any baseless news that create chaos in the market
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
another zero post noob trash talking shit
noob jail is sorely missed on this board.

how to demerit these annoying turds

this board is riddled with such fools

member
Activity: 454
Merit: 10
"Reserve Your Ledger at GYMLEDGER.COM"
Remember there are only few countries don't want bitcoin. Compared to many countries want bitcoin. Bitcoin will stay for a long time. And i think bitcoin will be better as years pass.
full member
Activity: 770
Merit: 101
With Governments Banning Bitcoins. Its Going To be Dead By 2020. As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government. So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.
Your opinion may be correct. Many people have committed suicide because of Cryptocurrency. Because most of the people who make the product are just for scams and it has had a lot of impact on nonprofessional investors.
Perhaps this is a new industry not so successful because it is not protected by law. This is likely to be a bitcoin weakness, which could cause the Crypto market to crash rapidly.
full member
Activity: 854
Merit: 140
Where did this 2020 number come out from? Is it backed up by some actual facts or its just an opinion? Its true that governments around the world started to ban bitcoin and crypto-related ads however the reason why it took 9 years for them to announced this statement is because scammers are trying to use bitcoin phrase to scam people. Bitcoin has a long history instead of other cryptocurrencies, the others who can't compete with bitcoin might be dead but i think it need more than banning to stop bitcoin.
full member
Activity: 566
Merit: 102
Not likely to happen. Surely there are governments who banned bitcoin but there are so many countries who are neutral on using bitcoin and some of them even officially accepted bitcoin in their country.
Actually governments of almost every developed and under developing countries know better that these coins are amazing. They know the advantages of them and how they beautifully would be impacting on their economical position once they would be used internationally. But keeping all these things ignored, they only focusing on being centralized nature of bitcoins, which is impossible.

member
Activity: 560
Merit: 11
are you sure the world will ban crypto? but I see a good development in bitcoin, not just bitcoin, but also the crypto world.

do not you see that now many countries are aware that bitcoin and crypto world is a solution to improve the world order, so banning bitcoin and crypto will only make the public more aware.
sr. member
Activity: 652
Merit: 250
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With Governments Banning Bitcoins. Its Going To be Dead By 2020. As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government. So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.

This seems to be a very rare scenario that could be seen in the future . Many governments are opening their arms in favor of legalizing or say "regulating" bitcoin and that is just the beginning . If the countries keep on accepting bitcoin in their economy then many other countries will be positively influenced and do the same thing . But we must always look out for the second side of the coin . If maximum governments and major governments ban bitcoin and other crypto currencies people would be highly discouraged an will stop investing eventually because there will be no way to cash out .
hero member
Activity: 1666
Merit: 453
cannot be true and a hundred percent will never happen.
Not all governments want to shut down bitcoin, they just want to regulate it.
IF there will be a country which can accommodate bitcoin, then this one will never vanish.
full member
Activity: 322
Merit: 101
With Governments Banning Bitcoins. Its Going To be Dead By 2020. As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government. So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.

How can you say that? Do you have any proof or sources to back up your claim? There are no news regarding about this. Cryptos are the new trend and killing that trend will result to the loss of governments.
full member
Activity: 406
Merit: 100
Market Integration Platform
It is banned by which country? India and China? If you look at the countries that oppose the bitcoin you can predict if it is going to be huge in 2020 or dead coin. It only can lose its market dominance over the years.
sr. member
Activity: 980
Merit: 252
There are countries that are banning the use of bitcoin as well as other cryptocurrencies. But this does not imply that all the other governments will be banning bitcoin. If you are very sure on you words then can you post an announcement coming from countries that they will ban bitcoin, place the list here. There are very few countries that have banned bitcoin, thus this mean that bitcoin is working on still expanding on the other countries of the world. 2020 is a very rich year for bitcoin.
I agree with you .. there are some countries that prohibit bitcoin and alt coin others as currency. but it's just a little bit. and 2020 is the year waiting for by the crypto community

With Governments Banning Bitcoins. Its Going To be Dead By 2020. As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government. So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.
what will fall? do you just make an uncertain issue, spread the word without any link or image recommendations? is there any recent news about the bitcoin ban in the country being discussed? what do you think about bitcoin in 2020. I do not agree with what you are talking about. this is all bullshit
legendary
Activity: 1932
Merit: 1273
neither drugs are banned in every single country in the worlds, but the people that use it still exist. Why would Bitcoin completely destroy though?
I believe you do not completely understand how the blockchain technologies work.
sr. member
Activity: 644
Merit: 250
The beauty of Bitcoin lies in its decentralized nature. Government can ban institutions under them from facilitating any kind of crypto trading but can't ban people from trading when we have access to all sort of anonymous platform from TOR to mixers. Government can never ban cryptocurrencies just like the dark web. They don't have any control over it and hence, are scared. Many governments around the world advice people to not invest in cryptos, but the number of investors is only increasing since the inception of bitcoin. Cryptocurrencies aren't going to die at all, rather the market will get mature with time.
sr. member
Activity: 565
Merit: 268
Remember who u are, what u are & who you represent
Do you even know the difference between banning bitcoins and regulations on bitcoins? I don't remember whether there is any country that has banned bitcoin over the last one year. There are some issues going on created by bankers in India but there are no truth of bitcoin being banned by Indian government. Here you can get the idea of what the govt. of India think of cryptocurrency. https://www.youtube.com/watch?v=D9xY8_nc04g
Yes regulations have been implemented, bitcoin taxation have begun and no one can say they didn't expect these these movement from governments. You saw some negative news, mere speculations, you took the decision to create FUD on here? If you think it is time for you to cash out then do it. No one cares about your FUD.

No Need To Take It Personally Buddy, This Is A Poll. I Value Your Opinion.
But Clearly, You Don't Follow News Nor Do You Know What Has Happened In A Year. Let Alone A Year. In The Last Few Weeks.
But As U Said These Movements From Governments Were Expected. Well, They Have Begun And Are Hurting Bitcoin Bigtime. If You Haven't Noticed. So I Was Just Stating My Opinion. Did Not Mean To Offend You Or Anyone In Anyway. Don't Like It. Don't Bother Posting.
That's ridiculous. I included a video link of Subhash Chandra Garg's interview who I think is associated with Indian RBI- so that you could get some sense. Clearly you haven't got any. Do you even know that one of the main reasons the market is down is because of the ongoing tax season in USA where people selling their bitcoins to pay taxes, another big reason is Mt. Gox liqudiating the market with their remaining bitcoins. I sense you don't have a clue what is exactly going on here. I am guessing the market will come back to a healthy position once we go into May.

So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.
You've created a poll that's okay but WTH is this? Keep these sort of ideas to yourself.
sr. member
Activity: 1764
Merit: 260
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With Governments Banning Bitcoins. Its Going To be Dead By 2020. As Countries Follow Banning It. 95 % Of People Won't Do Anything Illegal If It's Banned By Government. So I Think Its Time To Cash Out And Cut Your Loses. Because It Is Going To Keep Dropping.

I disagree. Bitcoin will not die even if it is banned b some countries because as soon as there are people who still patronized bitcoin, bitcoin will still be alive. Maybe because of the banning, fluctuation in bitcoin may occur but I don't think it will come to point that bitcoin will say goodbye to its users. I believe that it will become stronger as it reaches 2020.
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