As we arrive 2018 analysts say this is likely the year the bitcoin bubble will burst, reason being that if it continues to push up the ceilling above the 20k dollar mark governments might impose strict controls or even outright ban in order to protect government issued fiat currencies. My question to us all is: How would an eventual ban on bitcoin effect Altcoins and the global crypto market? Please be constructive in your views.BTC
If they ban bitcoin they will have to ban all altcoins, they can't ban one and leave all other altcoins because it won't do much, people will easily switch to other crypto's. IMO you have too many ifs here.
Strict control? Just pay tax when cashing out and you will be fine.
Countries like China and Korea and all worry about the ICO scam bro they do not have any problem with the bitcoin that is the actual truth. This kind of huge value fund on bitcoin no one will let the BTC to go down or leave completely from the marketplace.
They will stop some icos and may gonna ban all the decentralized platform cryptos. Stupid investors like who is making investment on ripple only the black sheep in the top list Cryptos. Please don't invest on it.