Really you don't have some insights about what will be the value?

How come we can do trades, buy, sell etc. if there is no exchanges? Person to Person? lol.

Hmmm, let me quote something from their own FAQ:


So, basically this so called "decentralized' app runs on bank transfers.
What is easier for banks than blocking those accounts ?
Manipulating forex rate is complicating compared to this.

You're far safer using local bitcoins than this .. hell..i'm going to say it... piece of crap

And checking their ways of getting fiat for your coins.
All, all of them can instantly ban you and have your account frozen.

Even when all of the countries will shut down local trading platform, bitcoin will still be trad-able through p2p marketplace and social groups. Nobody can stop bitcoin trading and when it will be hard for people to buy bitcoin legally than price can easily shoot up because of low supply and high demand. People love things that have very low supply and hard to get.

speculative investment does not need an exchange in order to happen. And this is one of the primary reasons why exchanges will not be banned.
Exchanges are the primary foothold for governments and LEAs into the world of bitcoin. They break down even the feeble anonymity Bitcoin provides in terms of customer identification.

But even without exchanges, speculative investment would continue to take place. Not to mention the presence and arrival of decentralized exchanges (Think Exscudo)

Maybe I'm wrong about this, as I'm hearing (well reading) different things all over the place, but it's not a blanket ban, is it? And as far as the exchanges go, isn't it just a case of the exchanges having to make sure they comply with government regulations?

Feel free to point my in the right direction if I'm horribly off base here, there just seems like there's such a mix of information about at the moment.

Broker

i agree, but we can both agree it would be damned near impossible for something like this to actually happen. some govs would be incentivized to allow it, if just to soak up a huge financial market that the others are ignoring. but from a financial theory standpoint, liquidity would completely dry up, at least as we know it. a few things would happen, practically;

price would drop, but then rise as people that actually conduct business in btc remain

peer to peer exchange would become the norm, but there would still be dexs that folks would use, as well as "black market" exchanges.

people would actually spend bitcoin on goods and services, and not just purchase it to speculate. price would stabilize, and the volatility would go away after the initial shitshow, and

people would stop mining immediately; the network difficulty would plummet, and it would be profitable for a time for the little guy to mine (the big guys wouldnt stop mining unless the price becomes unfathomably low). this would cycle, like it always does, before we found the new 'level'.

If all countries terminate the work of trade exchanges, as in China, which in fact can not happen, that is, there are other ways to exchange and trade in crypto currency. These are peer-to-peer exchange sites, and over-the-counter trading platforms and more. Now, additional technologies are also being created that allow you to trade directly, without different funds and platforms. So there are many options and in time they will only increase.

I think the price will drop quickly just like what happened in China. I am wondering  If the government address the bitcoin is illegal. Will the bitcoin return to zero

This is very unlikely in any circumstances.

When the Chinese government bans exchanges, or even every single country in the world bans exchanges (which is not going to happen), then people are simply going to trade with other people without an exchange as a broker.

Or, they could use p2p sites such as localbitcoins, or even bisq. It will not affect how bitcoin is operated. It might have a negative influence on price, but that would be all.