Quote from: AgentofCoin on November 02, 2016, 03:00:58 AM

Quote from: plorph on November 02, 2016, 02:20:49 AM

...Bitcoin probably will never die but the banning of bitcoin could change the whole dynamics (let alone a temporary major price dip).

...So I wonder what you guys' thoughts are.

Banning or making Bitcoin illegal is not really a concern for the Bitcoin network.
It will only be a problem for users who are holding for speculative purposes or get rich quick schemes.

The only true concern is governmental regulation invading and attaching into the network itself.
It would be very hard for them to do, but not impossible. That would destroy the very reason for using Bitcoin.
For example, there will be "clean vs. dirty" coins, address registrations, and address blacklistings and coin freezes.

I do not think that effect of banning bitcoin will make the users in a trouble. Bitcoin can be use anonimously so no one include goverment can trace butcoin transaction. Although they block by internet but there is so many various vpn that will help the users to still use theur bitcoin. This really the strenght of bitcoin. I was know some body who live in the country that banning bitcoin but he still can used it. Thats It.