Quote from: dimonstration on September 18, 2017, 03:57:12 AM

Quote from: Eugenar on September 17, 2017, 11:30:40 PM

Quote from: lady Royal on September 05, 2017, 09:52:08 PM

What If Bitcoin is banned in your country will you still use it?

If you use it how will you? How will you exchange it and how will you completely use it as you do before.

Maybe I won't use it and will move to other cryptocurrency probably altcoin. There'll no point of using Bitcoin if I won't be able to use it or even access it. But surely, it will negatively affect Bitcoin's market value because its demand will fall if that would happen. But it is possible to still use it, you may spend it abroad or do tradings using Bitcoin, in that way you'll still be able to make profit out of it.

If bitcoin is banned and altcoin are not totally affected why not continuing use crypto currency maybe if all crypto currency is banned that would be the time some would probably stop but as long that there is a way to do this and use this crypto i would continue it and if bitcoin is banned i would find some way on how can I exchange it if there is possible way but if not maybe I would stop.

considering the wording in most legislation, chances are, that if bitcoin is banned, it's because alll cryptocurrencies are banned. it'll probably go something like: '... digital currencies that utilize a blockchain ledger as a means of tracking, recording, and processing payments...' which would cover just about every coin out there. this is just one loose description, the lawmakers of any governing body can cover all cryptocurrencies with more general definitions put into a bill. however, it all comes down to how well they are able to enforce such a policy, the way i see it, it would take an unreasonable amount of resources to do so, and might not even be worth it to try in the end.

Quote from: chichan13 on September 25, 2017, 01:15:05 PM

Quote from: lady Royal on September 05, 2017, 09:52:08 PM

What If Bitcoin is banned in your country will you still use it?

If you use it how will you? How will you exchange it and how will you completely use it as you do before.

Well, if was banned I think I will not exchange it because I know I can use it in other country. If bitcoin was banned I think it has negative effect on its price and it also has negative effect on bitcoin community. Lastly, I hope bitcoin will not banned and I hope it would not happen in the future.

it might be possible to exchange it on an exchange based in another country, but you are still using it within your country's jurisdiction, that would still be illegal.