Bitcoin Forum

according to different observation i think few ways are available for abusing bitcoins transections such as Technical weakness , Greedy peoples ro dishonest people , proper management. i would like to describe above mentioned quotatin in briefly
1. technical weakness: we know its a peer to peer transection system throgh confirmed way. within a few second a dishonest  person can get more money by fast  clicking when submit second payment of different recipient.
2. proper management: there is so many lack of proper management of human or account holders. so many hackers want to hack system for getting money because bitcoins holder don't have any insurance like bank account holders. even government don't follow rules and regulation for virtual currency holders.
So what you think about it ?

Improper use of bitcoin can be ascribed to criminal activities, cyber theft and attacks and other such hideous things. Because there is no identification of the buyer or seller other than there wallet adress, it is very popular among criminal minded cyber-active peoples to get away with it. Same is the case for cyber security threats and different kinds of ransomwares. Recently in the ransomware attack, the money asked was to be given in forms of butcoins only.

The issue is that there are more than few ways for the improper use of bitcoin so far its money. People all over the world don't take morality as others have taken it. A lot of people even on the forum can scam for as low as $50 and still get away with it and most times, the newbies are the one that fall prey of such unscrupulous actions.

On the part of account management sometimes that is beyond individual control because you don't know who is targeting you and other times, it might be on the platform of people who you hoped that they would keep your funds safe ended up betraying you.

Another improper way are the ones who asked for ransom in bitcoin just because they don't want to be traced and made to pay for their unholy activites.

Yes man, in the traders community at my local, bitcoin are becoming more  improper and they are using it like a normal currency in exchanging even my goverment banned the Bitcoins.

Bitcoins were originated as a annynomous currency which does not keep any track on its transaction. Even now bitcoins are used in most illegal activities and that is causing a huge damage for the future of bitcoins. Most of the countries have even not legalised bitcoins because of the use of bitcoins in illegal payment ways.

Double spending? No its not easy as it sounds and that technical weakness you do mention do really have a very slim chance to go through since it cant really be broadcasted twice in the network once the transactions has been made.Lack of proper management then its our responsibility to take care of our coins.If you do set high security then hackers wont able to get those bitcoins that we do store. We are our own banks and thats the beauty of bitcoin among others.This thing do really depend on how sensible we are on managing our coins.

Work on your grammar seriously. Greed has nothing to do with abusing bitcoin transaction. People with less technical knowledge will always be easy prey. Irrespective of whether it is bitcoin or netbanking or banking. proper management comes from the proper understanding of technology or task you handle. Which in turn mean awareness and smartness.
Hacker(in this scenario it should be cracker) will take advantage of lazy, ignorant, naive people. No matter whether they use bitcoin or network-banking.

A fool and his money are soon parted.

It's not an improper use of bitcoin, as one of the biggest advantage of bitcoins, what makes bitcoin what it is, is that you can process payments without the need of revealing your identity.

Most of the people who uses bitcoin complains about it's use at the darknet markets and it's use to buy drugs, what they don't understand that bitcoin became what it is because of the darknet use.

It wouldn't become useable if people wouldn't have accept it for their drugs( using the feature that bitcoin is anonymous.)

The only improper way to use bitcoin that i know is that it is being used for illegal activities among the deep web users, they use bitcoin to buy and sell drugs,guns and even a service as a hitman.
The latest thing i know that is hit by this was bitmixer.io because almost all of the dark web user use this to erase their track.

Improper use of Bitcoin comes when the reason for using Bitcoin is dubious or for criminal purposes.
Since Bitcoin provides an anonymous means of payment, so many people leverage on that to use it for criminal purposes because they can't be traced, such as in the deep web.

before we are talking about proper and improper,lets talk about the fact in here :
1.Bitcoin is a decentralized currency which mean there are no authorities behind it,
which mean it's no authorities and goverment can not control Bitcoin,what will it be and how far it will be.
2.Bitcoin is a form of a freedom in people opinion because of it(no authorities).

so it's not about improper and proper way to use it,
Bitcoin was born due to 'freedom' and 'decentralized' thing,in other words people have their own way to do it.
even if they used it for terrorism,criminalism and something like that which mean there're no improper and proper way.
it's all about how they use it.

Buying liabilities is a way of improper use of bitcoins. One can also gamble bitcoins or trade it in a wrong way with other alt coins.

hate to admit it but sometimes people will do anything just to have money, even the lowest of all the lowest possibility they will make just to earn, not all people would like to earn with a hustle, some people would like to earn hassle free, its even scarier that sometimes the ones you trusted will be the ones that will betray you.

I think you are rubbing it in the wrong way OP. Instead of calling it improper use of bitcoin, call it misuse because it ain't improper if they used it for transactions. About you first point, it is technically impossible for now to gain more money fast by submitting double payment with different recepeint unless you are talking about double spending. Your second point though is right but hacking the system is impossible, I would instead call it as hacking others' wallet that will be technically be the same as pickpocketing. Since users doesn't have insurance, all they need to do is tto make their wallets secure.

a lot of the actual use of bitcoin is not right, one of which is using bitcoin as a place of extortion to pay for stolen or crime in cyberspace, such as yesterday's stormy problem when the crime of spreading the virus in the computer requesting ransom with bitcoin payment.

It is actually a currency which is just like fiat.

Mostly I see it used for investment scams to avoid traces of transaction records that could make their improsenment much longer.
But the company itself could still be sued if ever they were proven guilty.
Lateltly I have been seeing more and they are just using websites which makes it harder to catch them

phihing sites were used now to get private keys and get savings on that wallet,so we should be careful as well as attentive in everything we do. We should see the details and know what were we really look at.

I would highlight the use of Bitcoin in the criminal activities. The perception of the world about Bitcoin is positive at the moment but it won't take a single confirmed news if there is any involvement of criminal mafia in the Bitcoin. This kind of situation would be helpful for the governments to show the causes to put a ban on the Bitcoin/Fiat conversions. I know it's difficult but we need some kind of control to avoid the misuse of Bitcoin in criminal activities.

Their will always be two ways of use of any think same goes to bitcoin, good way is to do investment in Bitcoin and earn high returns in long term, Bitcoin be used for so many good ways and for jobless users it is a boon to earn income through online. bad ways (improper use) of bitcoin is using bitcoin for illegal activities, gambling, paying for medicine which are banned in usage through legal way. So their are equally proper and improper use of bitcoin it is upto the users way of using it.

Improper use clearly defines as a lack of knowledge of a person. But in another case, it can also be defined as crime like using it in any illicit activities. People who use bitcoin in their shady or scam activities are just giving stained to bitcoin's reputation in the eyes of some uneducated people. And once a bad impression is planted in their brain, that'll be hard to be change.

Have you experienced it personally that you can send your coin to two different addresses and both transactions was confirmed? On my experienced when this happened one of the transaction will cancel and won't be sent twice, that is the use of confirmation by the block chain.


Because bitcoin is a decentralized currency no need for a bank to regulate it, it is everyone's responsibility to protect themselves from those culprits who wants to get rob their coin. Same as having a fiat money with no one controlling it.

Cash has improper uses also, more so than Bitcoin. This is nothing new. Money will always be used improperly in some way, shape or form. This is unavoidable.

You're right, it has a lot of drawbacks as to what you set out . But actually it is a lucrative prey when you hack it , no one can find you and may accuse you for transactions that are anonymous with no real identity. Now that more and more cyberattacks have surfaced, I advise people to protect their own accounts.

I only knew a little things about improper use of bitcoin. First is using of more than one account in claiming free coins or airdops and joining in bounty campaigns and second is using the bitcoin for illegal transactions and criminality. That is the only thing i know.

Evil is everywhere, if a person chose to use bitcoin in a wrong way they will do it, same with any other currencies it is vulnerable from people who wants to get it from you.

It is not enough to just whine and hope people will change. People are upgrading, even people who improperly manipulate bitcoin upgrade their schemes. Sometimes we should also know how to deal with this certain type of things. Our knowledge should be upgraded and not just them. It could be accepted as normal because thats how life works, some people will always find an easy life wether it is done in a good or bad way.

I think it's like improper use of power, like using it for crime or by abusing it. I think the question has so many answer because a person who uses bitcoin may actually know what's right and wrong, the only problem is what will that certain person choose.

Learn the blockchain before you come up with technical weaknesses because double spending is not possible here. Delayed response to your GUI can give you a chance to send btc to another address but that would not be confirmed based on my experience so that is not applicable to do that, did you try that for yourself? probably not.

What do you mean by proper management? that is important you're right but the most critical aspect of bitcoin is the security. That's right there are so many hackers then why do we need to prioritize proper management over security? secure your coins first in a cold storage before managing it that's convenient, even bitcoin don't have an insurance the positive volatility of this coin already beaten it.

I agree with you that never have case that we can send coin to 2 different address with a few second( milion second cannot two) and both of them confirmed if we dont have enough "mining fee". One more, i have seen some on try to cut their transaction: Mean that, all of coin sending but they never confirm @@. So when we trading or receive BTC, we have the rule like that all of transaction at last must be 1 confirmations.

Bitcoin has possibility to use in illegal transactions like buying weaponry and drugs. Even we know that some are become abusive and greedy when it comes on money but sometimes they do it because they really need it and that's okay just do not use it improperly, in things that we know that is not good not only for the community but to oneself or yourself.

Some people use the special feature of anonymous transactions provided by Bitcoin in a improper way .They know that their identity will remain hidden and the government will not be able to track them and this encourage them more to use Bitcoin for criminal activities.They use bitcoin as a mode of payment in drug dealings,illegal ammunition dealings etc.Hackers hack the confidential data of a company and ask for money in the form of bitcoins. Now days people who want to send their money from one country to another use bitcoin because they don't want to pay taxes.

This could be some disadvantages of using bitcoin, is it very safe if they are using it for criminal activities and there is no proven identities that can lead to the authorities for having illegal transactions made. This is also a reason why some countries trying to contradict this kind of system because it could give them a lot of unsolved problems. And if they just let this to happen, the more illegal activities spread to the entire community and it could totally affect the safety of their people.

in my country, Bitcoin has not been banned,
it's just that the government in our country does not recognize Via Bitcoin payments,
actually, things like this they need to discuss because Bitcoin I think is very safe, fast and very profitable ...

There are lots of improper use of bitcoin , mainly its related to cyber crime ,few months ago a world was hit by wanacry 2.0 ransumware which encrypted pcs and demanded bitcoins to unlock it , bitcoin is also used in kidnapping blackmailing etc

I don’t think that this is imbed to the bitcoin only. Every other asset and currency in the market or even the physical money is having improper use. They are hacked, stolen, beaten with digital system and much more in the reality and they then put it into bad projects or for the purpose which is not a good cause. That way they also disrespect the creativity of humans and the direspector is other human only and no question about that. I am more or less not fond of such bad happening because the is very common thing on the face of the earth and we always see that in the news. The banks are robbed and they will be robbed always, the bitcoin is getting hacked and it will be tried again and gain no matter what if the victim gets caught or not. So the improve use will continue and we cant do anything about it.

Bitcoin use is wrong if Bitcoin is used for criminal matters such as drugs, funding crimes such as terrorist financing, or it may also be misused for money laundering. That's what's worried about.

You want to say that extortionists demanded a ransom of Fiat. Lol. Criminals not matter what form they take ransom. It seems to me that ransom in bitcoins is not the best option. If law enforcement will work well then they always have the ability to detect traces of criminals on the Internet. Never procreate governmental fakes. Bitcoin is no more dangerous than Fiat.

I think OP regards this issue in some technequlities that bitcoin users faces, which is really true, the securities that users encountering
But peolpe leads to the improper use of bitcoin, on how people spend and use it and where to use it, whih people involve in some criminalities that pays using of bitcoin.

Pretty confused about your first point, I'm guessing you're referring to a bug being exploited on a third party site or something like double spend which isn't possible in every case.

Regarding your second point, the Bitcoin system is foolproof and can almost be called hack resistant, at least till the 2030 as told by cryptography experts. The only way that any sorts of losses could be incurred due to hacks would be on fragile third party sites offering exchange/wallet services.

In simple way, improper use of Bitcoin can be termed as illegal use of Bitcoin and that mostly happen in money laundering cases or extortion due to anonymous transaction feature. Expect that I don't see any improper use of Bitcoin. I have seen Bitcoin being used as primary payment option on dark web to buy stolen phones, illegal medicines, to hire Hit-man and probably every possible illegal activity. Bitcoin potential is enormous but currently used more in cases like illegal works rather than normal transactions for daily products.

Seems that you may have a wrong perception about the peer to peer transaction network, there isn't anything like you are stating that any dishonest person can scam so easily, rather this network is much more secure than others.
Hackers are always present on the online networks no matter which platform it is there is always a risk over online network. You are enjoying the nontaxable anonymous transactions and also want insurance for your funds, that's insane seriously your expectations are too high.

You don't know what you are saying and you can't even construct a proper spelling, have you even try sending or receiving a Bitcoin transaction before telling that someone can breach into the Blockchain?

Bitcoin is almost 9 years now and there is no record in the history of it that it was hacked before, Bitcoin exchanges is the hack-able though because it is centralized.
Let a person own discretion be their tutor, it is 2017 now and the guide to everything in this world is on the Internet so it is the same when securing someone else's Bitcoin wallet. Governments doesn't need to follow any rules and regulations for cryptocurrency holder because there is none.

You are right I didn’t have a lot of knowledge about the improper use of bitcoin but I can say that some people use bitcoin for negative activities which can irritate normal people life, people use bitcoin is many ways like in drugs, alcohol like bad things and that are why some countries didn’t prefer bitcoin to be legal.

You are right, there are many people who use bitcoin in bad ways and improper which can tease those people who had done nothing and that’s why they feels scared in using bitcoin and these bad people who do improper use of bitcoin make bitcoin down in the people sight and that’s the reason I think some countries didn’t legal bitcoin.

Um where di you hear Bitcoin was routinely being abused with alcohol? I'm pretty sure that drugs are a big issue, although those people have now switched over to Monero anyways so really there isn't more to discuss about it.

Bitcoin has many flaw ,that's why my government still not legalize it although bitcoin is on high demand at the moment.
If government legalize bitcoin, it will broke bitcoin as decentralized currency also they will apply tax on them.

I have no knowledge about using bitcoin in an improper way, and when i say improper i mean criminal acts or payments for weapons, drugs or enithing else that can do harm the people.

Hi and Welcome to Bitcoin Forum! :)

As Bitcoin is a cryptocurrency which operates without a single administrator i-e Government therefore it has many problems regarding it's Improper use. Some of the Improper uses of Bitcoin are as follows:
-Used for Money Laundering.
-Used for Cyber Crimes.
-Used for Drugs.
-Used for ill-legal transactions by Hackers.

Technical weakness, what he said there isn’t correct in anyway. Miners are the ones that confirms every transactions, and there is something they call block, every transactions you make is mined from the blocks and confirmed by miners, without them confirming it, the sent Bitcoin won’t be received by the receiving party.

I don’t think there is anyway for a miner to confirm more than one transaction at a time. I believe it’s once every 10 minutes (I’m not quite sure how many minutes it takes for a block to appear) if miners we’re allowed to confirm more than one transaction at a time, then there would be no need for them to confirm mostly transactions made with high fees and neglecting those that were made with low fees. I’m not a miner so I don’t really know how it works.

I have never used bitcoin illegally or improperly. I have come across bitcoin getting used into dark web, corruption, money laundering, for services that require anonymity in transaction. Now the improper usage of of bitcoin has decreased a lot and as a holding is getting more preferences.

In this world, it has been the way of humans from the beginning that they misuse everything for their personal benefits. People rather criminals have made deals using digital currencies in dark or deep web and everyone knows this But we cannot do anything about it.

However it will also be unfair to accuse bitcoin and altcoins for this. Internet is misused more with every passing day but we must not get influenced by bad people.

Talking about whether it's a proper or improper use of bitcoin people can practice is a matter of perspective since it can be used to send out charities and this would be seen from some people's perspective as money laundering despite that being irrelevant to what really happened .

One thing we should know and understand that bitcoin loves privacy and not being under the control of any party or government , yet if you are under no authorities or laws implicates that you can't rely to them whenever problems occur ( such as stolen wallets or scam ICOs .. ) .

But bitcoin did indeed serve as a great tool to lots of criminals around the world making their trades , money thefts and laundering and of course corruption much more easier than it used to be , but even the moon has a dark side so we need to accept it as a full system .

Yes even on the forum in much older topics you will find people posting * have you ever brought drugs using bitcoins*
Well those were some people who literally tried it and succeeded.
Bitcons are decentralized thus there is no check on anyone..you can buy sell..  and on one hand it can make transactions more transparent decreasing corruption but on the other hand its making matter worse ..


Some people are also converting their all property and savings in bitcoins to evade taxes..

Yes we can consider it as an improper way of using Bitcoin. A lot of scams are continuously spreading in the web and a lot of people are still believing from it. This is a serious problem because it involves stealing of money. It breaks even the law so that violators should be punish because it is also a crime.

Even fiats have flaws and they have been so good enough to always cover it up by making the masses suffer for it. You think there is nothing in this life that does not have a flaw? Taxing bitcoin does not make it centralized by the way and does not give any government control, as long as you are exchanging to fiat and making use of their own currency in exchange, then I do not see any reason why you should not be taxed. P2P transactions cannot and which is one of the reasons why government will not give up fiats. USD, gold, etc as long as they are mode of payments can be and are being used improperly, not just bitcoin.

the only thing i could say about fiat on flaws is that their are many laws about it. Even wrinkles and with how you withdraw in the bank. Now adays, you cant even afford to be broke. One of my banks required 10k for minimum and lower than that it automatically reduces. i accessed it again and 4k only was the remaining value.

Even the cryptography experts said that by 2030; only the supercomputers will even be able to achieve that but we may just have to wait until then. I am not sure even the Tianhe-2 can even achieve that for now.

Moreover, one thing I am sure of is that a lot of changes will always be made in technologies that would really make it hard for even some of these new devices to be able to achieve this and I believe bitcoin devs would not even sit and relax to let that happen.

I agree that improper utilization on bitcoin revolves on lack of knowledge and also taking advantage of easy prey or neophyte traders. Educating oneself is always an advantage in everything.

Do you know what really bothers me? People try to relate so many of these illegal activities to bitcoin so much, like all these things you have mentioned did not exist before now. They have always been and there is nothing we can do about it.

Bad guys have been making use of USD, finding ways to get it across borders to do their dirty deals and so on. The anonymity behind bitcoin may be of help, but you have to understand that except they get some peer to peer deals, they cannot really be anonymous when making use of exchanges

Improper use of bitcoin? I think when you used it in games and you didn't know how you will win .or invest it in a sites that your not sure if it is a scam or what .

​As a holder of bitcoin, you have tremendous power over your money. Because of this, it is important to follow good security practices to protect your funds. Since bitcoin is a type of electronic currency that cannot be traced, this can be used to illegal transactions. Many transactions that are banned by the government may happen through this. The reason why some countries do not legalized bitcoin.

It's inevitable. Evil people always find ways to do their stuff. That's why its also better for me to have a few regulations to avoid these abuses. I don't know how that can be done though with crypto's anonymity and decentralization

The improper use of bitcoin can be ascribed to the use of bitcoin to carry out illegal activities such as purchasing of arm which can be use to carry out illegal criminal activities and wars, and secondly the use of bitcoin to buy drugs like cocaine heroine weed and other harmful substance.
Thirdly the use of bitcoin to launder money out of a country by corrupt government officials.
This and many more has given bitcoin a bad public image.

I have learned in my life that there are no rules in this world. If someone wants to do something then no one will be able to stop him.  Government make laws but it hasn’t stopped criminals or eradicated criminality and if I'm not wrong that evil deeds have actually increased for last few decades.

This shows that humans cannot Be Tamed. Bitcoin and paper money both are being misused by bad guys but tracing out the first one is difficult.

People are so intelligent/smart in creating new ideas in making money even in good side and even in bad way.  Maybe its natural to other that they can be easily do bad ideas of having their earning quick.  Improper usage of bitcoins are those who have something in mundo that cannot be shown to other.  Lilke for example,  bitcoins are use underground transaction especially black market.  Even drugs can be trades with bitcoin.  Because of the technology,  bitcoin is used improperly.  We cant blame bitcoin for this,  we should blame those who are using bitcoin as their gateway in DOIng this illegal transaction.

We all can say that improper use are users abusing bitcoin and using it in a bad way for their benefits. We can say that users who use bitcoin to scam other users who don't fully understand bitcoin. Also users who uses bitcoin to buy or do illegal acts. This is a sad thing because you really can't make the bad guys go away. They will try to ruin things just for their benefits.

I suspect that it can be used in illegal activities how any technology is used...it exists and it is impossible to get rid of it in our time...it has taken too deep roots

Bitcoin can use in prober way it's called as legal activities technology can be used properly and it's possible only then the improber way of use bitcoin are used in illegal activities how technology can be used in the bad way of bitcoin benefits and also used in underground transaction especially black market even drugs can be trade with bitcoin and also users can buy or do illegal activities.

I think this is the most feared because I think bitcoin is a breakthrough way of doing a transaction without any control from any party. so my point is there is no centralization either from an agency or government that controls the transaction process using bitcoin. on the one hand this is a convenience that will be in the can of bitcoin users because this is a technology that is quite easy for bitcoin holders to make a transaction. but on the other hand it is a matter of a negative one, of course, there is certainly a misuse of a freedom that for the purpose of criminal or other crimes like bitcoin can be used as a means of transactions for the sale of illegal drugs, gambling as well as others because it is the same once there is no control of any party.

And as far as I can tell, anything can be used for improper usage. Anonymous transaction is even something that should not really be expected much now anyway, but we cannot expect people not to always find a way around anything.

Asides bitcoin, so many coins with even crazier level of anonymity are popping up, so bitcoin should even be less worried about. One thing is people have been doing their shady deals before bitcoin.

This is the primary reasons why few countries have banned this technology in their country and many are still undecided as what to do and how can we protect the misuse happening . If it cannot be curbed then countries will eventually be banning it and thus might be their may be no demand in coming years if it happens worldwide.

As far as I know improper usage of Bitcoin only define when it is used in any unlawful activities such as used fund terrorists, trade for drugs, frauds, scams and any crime related activities commited by lawless elements. For me security related issues sometimes do not belong to improper usage due to recklessness and carelessness of the owner or holder of the specific coin. But whatever it is as long as it cause damage or loss to each and everyone of us it can be prevented and could be our greatest responsibility of our own asset. So be aware and be a responsible holder, owner or investor to avoid loss.

With bitcoin improper usage is possible, but the same was not found big same as the past. In the past bitcoin was used much on illegal activities and for money laundering, which later got turned to be an potential investment with the growth attained in less than ten years time.

It is a fact that bitcoin was used before in the deepweb, it was the currency used by criminals, since it can be exchanged into fiat, and they are taking advantage of the anonymity that bitcoin has. There are also a lot of scammers out there that are saying your bitcoin will double in no time and those pyramiding sites, that are saying their code has a value, but their sites can be hacked anyways, i believe there are still a lot of people using bitcoin improperly and we still need to be updated even with those things, in order not for us and the people we know, not to be scammed.

The logic is this when we are using fiat money, we had the freedom to use with proper and improper use. But as a law abiding citizen we had to use it the right way, this also applies with bitcoin. Criminals are looking a way to keep their deals alive by making new trends and using different monetary such as bitcoin. Bitcoin has been known to be used in the dark marketplace before just to add that to the people who doesn't care and know about it.

Well Bitcoin was founded on improper use. I mean when it started it was a haven essentially for drug lords and dealers who basically wanted to stay anonymous and used this pseudo-anonymous currency to do so. At the time people weren't aware of how to track the blockchain and mixers were good enough tools to provide much more relative safety to transacting in fiat either digital or in person. The bottom line is it is unfortunate how Bitcoin started, but there is nothing we can do to change that and must simply move forward making it better and better and with more uses cases than just drugs, weapons, and other illegal activity it is still known as.

Improper used of bitcoin happened when some people abused its benefits of having anonymous transactions and using it in illegal activities which could threaten or harm other person like using it in money laundering,buying drugs,scams, or anything that could deprived the right of others in using bitcoin.

I even doubt that in past bitcoin was uses as for illegal activity, bitcoin is in fact a new emerging crypto currency and still majority of people do not know about it, therefore i do not think that in past bitcoin will ever be use for some illegal activities. Even in future i am not expecting that there are chances to use bitcoin for any illegal activity.

Bitcoin is as any other currency.

There are improper use of bitcoin happening nowadays. Just like the other month, a friend told me that according to their study, bitcoin is being widely used by online perpetrators for to transact. Black market is also using bitcoin because a bitcoin transaction cannot be easily trace it's transaction. Many people with bad motive take advantage of bitcoin for these improper use of it.

The improper use of bitcoin that i only know is when the people use it to do illegal transactions and take advantage of the anonymity of bitcoin which makes them stay under the radar. This is the improper use of bitcoin that resulted to have a lot of bad image in bitcoin because most of the people knows that bitcoin is just for illegal activities but they didn't know that bitcoin has a lot of good side rather than those negative sides that they are thinking.

the improper use that I think is sending bitcoin to a wrong address because transactions in the blockchain is irreversible so you cannot refund your transactions when it has been send to the wrong address so be really careful in sending always double check if the characters are correct and there is no missing or wrong letters or numbers.

Well we cannot deny that there are improper usage of bitcoin right now cause rule about bitcoin is not that strict or there are not any rules or laws about bitcoin and other cryptocurrency yet so we cannot blame anyone, it depends on the user on how will he use bitcoin in a good way or in bad way let's just discipline ourselves cause these type of things will really have a bad affect in bitcoin and no one wants that.

All I know about improper use of Bitcoin are; first since government cannot control Bitcoin they may use it as a channel or passage in illegal transactions on drugs. Second, lots of scammers/ hackers entered Bitcoin then,  it will not be traced. Lastly, the rules of Bitcoin are not that strict thats why lots of people abuses bitcoin. But we must also think that bitcoin has many positive side than the negative one.

I don't think that there are ways that we can use bitcoin improperly, all of us have different way to use bitcoin in our own life because we can maybe a trader who uses bitcoin as a tool to trade altcoins and to make more bitcoin and there are people who are using it illegally because they believed that it is the best way to use bitcoin for them, so i think that there is no improper way since we all have different ways of using it.

hows that become improper?when bitcoin is design on any form of
payments,thats why its virtual currency to be use more often than physical
money.and besides its every users discretion to use it wherever or whatever
he wants..and its because the accessibility of bitcoin so people used it in anyways

That’s true, there are people who makes use of Bitcoin for illegal activities/business, but you can an never tell who they are, and you can also not stop them. There are lots of dark webs out there that even Google and other search engines can’t identify/access/bring up on the search page. I hate it when people are using Bitcoin for the bad, cause that’s a spoiler.

I don’t think sending Bitcoin to the wrong address is an improper use of Bitcoin, that kind of situation can only occur out of the user’s carelessness, cause I don’t see he you can make mistake and send to the wrong address when every wallet out there let’s you copy and paste instantly.

It cant be helped but another one is using it as a savings account to transfer dirty money from drugs and any other illegal transactions. Its true that no one manages bitcoin cause you are the one who protectanand upgrade your security.

I know about it activity. I prefer to say cyber crime activity like what hacker do.
Hacker is un responsible people who want to steal money from other wallet.
I hope all bitcoiners know how to prevent the wallet from hacker.

haha lol, i think that is not improper use rather that is called a stupidity. improper use means that your using it the wrong way for example your  
your using your bitcoin on something illegal like buying drugs , guns or hiring a serial killer at the deepweb and also holding your bitcoin instead of using it to buy stuffs online or offline because bitcoin is a curency that works just like money therfor it should be use mainly for buying and not on holding. holding a bicoin is so inapropriate and improper because it makes a person to be greedy and wants more of it , in order for them to earn much profit when the bitcoins value goes to pump.

Criminality has always been on even before the existence of bitcoin. Bitcoin anonymous characteristics (which is not even fully anonymous anyway), may be one of the reasons for us to keep looking at the fact that it makes criminal activities easy but we have to realize that even USD, gold etc. have always been used as a form of exchange for criminal activities in the past.

Yes, any types of crime can be defined as improper use of bitcoins. But crime activities are not just due to introduction of bitcoins hence every men do something  as per their needs.

Bitcoin is decentralized which means transactions are not under the authority of the government which allows the users to use it as they would want to. As such, improper use of Bitcoin is based on how will it be used and where will it be spent. Crimes rekated to drugs is the most common improper way of using Bitcoin.

In my opinion there cannot be any improper use of bitcoins. Only mentally ill people may through out their bitcoins for no reasons. When someone is spending bitcoins for some reasons then we cannot call it as an improper usage of bitcoins. They spend it as per their wish.

Holding also will be done as per the decision of holder hence he is doing that for some reason and its consequences are out of focus to call holding as an improper use of bitcoins.

as far as I know the proper use of bitcoin to transact payments, if crime for ransom crime is not appropriate, because transparent bitcoin technology makes it easy to track. so it's a good idea to use bitcoins for the right payment like buying legitimate items.

Bitcoin is now a thing govs check and research who is using it.

Here in our country improper use of bitcoin is already rampant. They use bitcoin as front for investment schemes. And a lot are being victimized already thats why investors should be very careful to where they invest their money to bitcoin. And also before investing to bitcoin its important to make a research first to know where is legit and secure to buy bitcoin.

My own opinion on improper used bitcoins is? when it is used in the wrong processes..example like when in the drug..and in criminals. things that people should not buy or use for no money and especially in scam. so need to be used correctly the bitcoins are not just self contained in life and family.

Improper use of bitcoin can result in unemployment taxes or lack of knowledge of a person. People use bitcoin or scam activities are just given stained to bitcoinrepulation in the eyes of uneducated people. Some people abused of having anonymous transaction.

This bitcoin virtual currency is decentralized and unregulated and is not guaranteed by the central authority.
So terrorists and criminals also use cryptocurrency to their group advantage, because the transaction here is not kept awake, so it can not be traced.

Yes! bitcoin is digital currency that can we use as money because bitcoin is accepted  as means of of payment of a something, so in that case some criminal take advantage the modern world  and they use bitcoin in their illegal activities like buying illegal firearm and a like.

Bitcoin usage when fully accepted by society like me, it has a huge help when it comes to transactions bit when Bitcoin is misused then disaster comes, just imagine a criminals paid through online with crypto and they will do bad jobs in exchange of it. (Did my imagination just gat wild?)

The use of bitcoin is currently too much limited and therefore most of the people do not have the ability to use bitcoin for shopping or for other such purposes and therefore i personally do not think people may even have chances to use bitcoin for criminal activities. I think currently it may be too much beneficial for them to use bitcoin for their criminal activities.

In my opinion, bitcoin has nothing to do with where you use it. It is up to the person who has bought those bitcoins like where he is going to spend those bitcoins. There are likely chances that you can use the bitcoins in some criminal activities but in that case, you can’t blame bitcoin because then it will be the fault of the person who did so. We need to avoid such kind of use of bitcoin.

The improper way to use bitcoin that i know is that it is being used for illegal activities. Mostly the deep web users, they use bitcoin to buy and sell drugs,guns and even a service as a hitman. That's why many people hates bitcoin because of improper using it. The latest thing i know that is hit by this was bitmixer.io because almost all of the dark web user use this to erase their track.

Many different types of improper use of bitcoin like Gambling it doesn't help to poor  but benefited for the few rich people, funding for terrorism, override the name of bitcoin for purpose of stolen of money from investor.

actually we can not have the ability to see if other users are using bitcoin to spend something that is fine and do not break the law, we don't have that power to it but I think it is public secret that some users may use bitcoin and take advantage of anonymous facilities and decentralization for the improper and unlawful

I don't know personally but I think there are always people out there who abuse things no matter how good that thing is, there are people who use it to scam others and carry out crimes which hurts the market.

which many become the topic of bitcoin abuse is money loundry, terrorism fund transfers, and price games. many governments are considering it before btc is legalized in their country

Improper use of bitcoin is one of the main reason why other people can't reach the success. Improper use of bitcoin helps you to break you down or loosing your time and effort. It is useless and there's a tendency to loose your own money that's why  make sure that the transaction has high security so that they can not steal money from investors. So hopefully, more security for the transaction to reduce theft and fraud.

Improper use of Bitcoin means illegal use of it. Due to improper use of Bitcoin many crime are conducted by anti social peoples. Many criminal activity like anti money laundering, kidnapping murdering child pronography etc are done with the help of Bitcoin. And this is done because of untraceable end to end money transaction facility of Bitcoin. In 2017 when malware attack occur to people Bitcoin play the big role in it. Million dollars are exchange with help of Bitcoin. Many scammer using Bitcoin for their dirty job.

I agree. When bitcoin is use for illegal doings then that is improper way of using bitcoin. For me, bitcoin was made for good purposes. But there are some who abuse its characteristics of being so private. And some lazy people and idle minded abuse others privacy too.

Improper use of bitcoin can make a big trouble or crime like scamming and other cyber theft. The misunderstanding what bitcoin is could cause a risky decision. Like the lately news about the bitcoin scammed in the Philippines. About 900 million Php scammed by their investing site the New G. If you invest there your funds will increase so many people are joining there.

For more info visit this link http://www.arabnews.com/node/1283721/world

The improper use of bitcoin is that they use it in any illegal transaction or activities such us buying drugs since bitcoin is anonymous payment so they take advantage of it.I hope this won't happen because this may affect the future of bitcoin.

There is a group of people who act criminally in a country (I've heard, but forget which country it is) by using Bitcoin as a tool to buy and sell Marijuana. this is really outrageous, but luckily they've been caught by the local police!

Yes, I do agree that, sadly, cryptocurrencies especially Bitcoin is used improperly and in illegal activities by both criminals and scammers.
Bitcoin truly should further improve its security to minimize its use on illegal activities. Or the government to impose rules and laws governing its use (but not control it).

One type of improper use of Bitcoin is that it's involved in crimes. Mostly you can find about it on the deep web where underground transactions are made using Bitcoin as payment.

I have never used bitcoin illegally or improperly. I have come across bitcoin getting used into dark web, corruption, money laundering, for services that require anonymity in transaction. Now the improper usage of of bitcoin has decreased a lot and as a holding is getting more preferences. Even fiat is used improperly by the so called government who generated it.

An excellent explanation for the weaknesses of bitcoin use and the risk of being a bit overwhelming. Weaknesses will always be covered with a solution and that's the function of the developer.

What do you mean by the improper use? I know that there are many scammers, especially among the traders. It is necessary to be very careful when buying coins and doing any other operations with the not trusted companies

I myself do not know about any improper use of bitcoin, i think that now it has become too much proper to use bitcoin for shopping online as well as to use it in your local market because shopping centers have now started accepting bitcoin for shopping in their shops.

Using bitcoins for illegal transactions are some of the improper ways of using bitcoin. These transactions are risky and dangerous and should be avoided as much as possible.

Some people used Bitcoin in doing bad things in their own society. They used Bitcoin to use in crime, such as hacks, money laundering and the trading of drugs and illegal pornography. Investors worried that the sheer popularity of Bitcoin among criminals is a major contributor to its value. Some used Bitcoin in illegal trading to earn higher money without knowing that it is against to the country's law and people's right.

Well the improper use of bitcoin is by using it for buying drugs or anything that is not allowed by goverment  also like being your by terrorist in their illegal transaction because if they use bitcoin the government cannot tract their activities

This is why the government contradict bitcoin because some are making malicious deeds using bitcoin since people can make illegal transactions just using their own wallets and not knowing the identity of the person.

Here in my country other people use bitcoin in a form of networking to scam people, they would tell people that if they will invest and invite more people their money will be double after 16 days. At first everything went smoothly but time flies they can give payout anymore and that's the start of those recruiters to disappear. Big amount of money was gone and alot became poor because of this kind of people.

I'm not sure about this. But I know there are some people using bitcoin not properly. They used bitcoin to illegally wash money. Many people rely on the profits of bitcoin that cheat those who chant for money. :'(

Only speculation and uncertainty are problems for Bitcoin. It is a condition like the "whichever comes first: an egg or a chicken". In order for bitcoin prices to be stable, large-scale economies need to grow with more businesses and users. In order for large-scale economies to flourish, businesses and users will seek price stability. Fortunately, uncertainty has no effect on the main benefits of Bitcoin as a payment system for transferring money from A to B. It is easy for business people to instantly convert instant billing of bitcoins into their currency, so that they benefit from Bitcoin without experiencing price fluctuations. Bitcoin offers many useful and unique features, so many users choose to use Bitcoin. With such solutions and incentives, it is very likely that Bitcoin will mature and grow until it reaches a stage where uncertainty / volatility in value is greatly reduced.

We all have to know the proper and improper use of bitcoin. Like hacking, scamming, and other illegal action in bitcoin. its will be good to know the do's and don't. For we to know our limit using bitcoin.

 yes bitcoin has many improper side. Many bad guys used to be in the AII direction and the bad name is Bitty bitcoin. Many people work in bitcoin for income but some people are bad They work it in many bad away.

Good and bad are always there, some people currencies for good purposes while other people use it for good purposes just like dollar and other currency, bitcoin is also a currency and now people even using it for shopping in offline shops. I think that the use of bitcoin will increase too much in future because people like and give more preference to bitcoin.

I agree with that they dont see Bitcoin as a way to improvr ourselves and they also used it to do anomalies. I think this why Britain banned bitcoin in their country correct me if Im wrong cause terrorists used Bitcoin as a way to enter that country and to provide security the leader decided to cut the communication of the people here to the country and vice versa, amd it also the reason ehy Bitcoin is not acceptable in other country.

I agree with that. Good user and bad users are always there because there are no currency that is not being used for a bad purpose because bitcoin started from that, people are using bitcoin because they want to be safe in illegal transactions like drugs and other illegal stuffs but now bitcoin is now more on the side of good users who are using it to make more money and establishing more projects.

Bitcoin also uses to scam people that has not enough knowledge about crypto. Many are using it for illegal activities that if do not reduce, government have to stop by banning bitcoin and all get affected from it. Though bitcoin gives many benefits, we have to use it properly because the acceptance of it depends on the user of it.

Improper use of bitcoin when you use your own account in public places like computer shop, sharing your private key in Facebook or your friends  and also sharing it anywhere in yahoo, transact to any different exchanges without enough knowledge to use it.

Of course the right now, and technology. I believe in science, the market will continue. I believe that this is not capitalism. The first is to give up again soon. I believe in mythical man, and other cryptocurrency is not that easy to be great currency someday, and the market will bear with cryptocurrency

Yes, there are improper ways in using Bitcoin, as of the latest news of our media last month there are people use Bitcoin to scam people, Scampany and Bitcoin is medium of payment which make Bitcoin has bad image now in our country.

Yes I agree that mismanagement of bitcoin is an act leading to improper use of bitcoin. Think of bitcoin as money and you spend that on anything without so much thinking about what to buy. So it is the same improper use. Buying and panic selling can be considered misuse. You could lose your bitcoins in this manner and when done continually a person will lose more and than will gain most probably.

Exactly. Those who are fooled are those who do not have the knowledge and the greed that can not be self-directed. This will lead to many bad consequences for this financial market. To be fair, there should be a proper way to equip yourself with the knowledge and skills to enter the market professionally. Not afraid of failure
Achieve higher goals. I think so.

I know that bitcoin is widely used in dark Web in order to buy drugs and narcotics, to hire the killers, but also I know the dollar is widely used by bands to do the same, so what is the difference?

Its so sad that Bitcoin is being use in illegal matters setting a bad reputation to bitcoin
to ignorant people who doesnt even know anything about bitcoin but invest in a big profit return scheme
that normally turn into scam.
Ignorance and greediness of people are the reasons why some people can use bitcoin illegally and improperly
for their own sake .

Some users of bitcoins tend to use bitcoin for illegal purposes.Using its name to attract and engage in some investments which later on leaving investors behind and getting all their money and then going away.
 

I think that every possibility of any currency to became anonymous is a temptation for some bad guys to perform their filthy deeds with those currencies. Bitcoin is not an exclussion from that.

Bitcoins can be used illegally like they can transfer drugs and being payed using cryptocurrecny without being noticed by the police and that is the reason some other countries are doubting about bitcoins.

Improper use of Bitcoin mainly has to do with hackers, thieves and a lot of evil activities that are being done by cyber criminals. It is one of the main reason why some people don’t even want to make use of Bitcoin.

I was once discussing with someone about Cryptocurrencies and he said that the reason he doesn’t want to get into such is because of hackers and that he’s heard stories on how exchangers were hacked and Bitcoins stolen.But all these things can be avoided.

In my opinion, it all depends on the person who has bitcoins in his wallet and the way he uses his bitcoin. There are using bitcoin for the sake of gambling as well as illegal activities but this has nothing to do with the reputation of the bitcoin as there are also making much higher market value because of doing the right thing at the right time.

Yes, i do agree on your statement. It is improper used by the criminals due to its anonymous transactions. It must have addressed in order for the reputation of its proper usage.

For me, it’s just like money that can be used in good or bad ways. Speaking of bad ways, it is in form of launching a ponzi scheme, criminal activities, scamming others and so on. The big difference is that Bitcoin is decentralised and anonymous, which is hard for us to trace the culprit who is doing such bad things with this virtual currency.

Bitcoins can be used illegally like a money laundering for drugs and it s one of the reason why governments did not want cryptocurrency in their area.

Some Bitcoin users for money laundering or corrupt purposes are an improper use of Bitcoin. To use Bitcoin properly, we should use Bitcoin for payment purposes such as shopping, buying electronics or even buying a house. That is use Bitcoin properly

Criminals are the first Bitcoin users in the world. In 2012, some news said that terrorist organizations are using a cryptocurrency to buy and sell illegal weapons. So many countries still believe that this is real news

Blockchain technology is designed to prohibit hacks and multiple transactions taking place at the same time. Every transaction happens on its own blocks, then how will there be any issues by fraudulent attacks? Just go through how blockchain system works then probably you will certainly have more confident on crypto transactions. The main think is you need to keep your wallets / accounts safer with secured options provided by the concern providers. Another thing is any mode of currency either crypto or fiats, can be used for legal and illegal purposes. It depends on the individuals not with what currency we do use.

To use bitcoin properly, you need to learn a lot about the electronic money market, so learn about the fraud problem to avoid losing your investment. Avoid black transactions on deep webs, as you can not tell where you are dealing with any element, possibly terrorists.

I have also heard of this. its not only an improper use of bitcoin but also very illegal and dangerous.

The concept of "improper" use of bitcoin is probably looking for someone. For those who created this tool - it is ideal and fulfills its role in collecting world capital. And for ordinary users it's a risky game with a casino, where in the end only the casino will win.

As long as we are try to promote good picture of bitcoin, we also try to show people that those who are using this positive thing for wrong purposes, they are making big mistakes. Although right now this can’t be traced back and theses people can’t get caught but soon this would be under a solution. Thus these people may suffer from their activities to harm others.

In large picture of Bitcoin, about how it is being using and educating them to people who interest to learning it. But improper of using was become criminal since Bitcoin has been going popular and takes it advantages to do transaction without tracking.

I think you are totally right about that, the improper use of bitcoin is use it as a tool to scam other people. Many bitcoinist do that and it is spreading all over the world, and because of it Crypto World is banned in some country. I think we always misused Bitcoin in our own ways. But actually it depends on people. As long as people knowthe proper use of it then it can avoid to improper used of Bitcoin or other cryptocurrency that might be cause of some trouble in Crypto World.

The major improper use of bitcoin will have to do with all kind of financial crimes. All these are possible as a result of decentralization and anonymity. There is no record of identity for users. The only thing that is mainly available after a cryptocurrency transaction is the wallets of the users.

Yes. People now use bitcoin to carry out all kind of criminal activities such as money laundering, drug traficking and funding terrorism.
This could be attributed to its anonymous structure.

My dear everyone know here that Bitcoin is nor a drug nor an arm or ammunition that someone will get hurt with it medically or physically. It is a financial tool and those who want to make illegal or I will say immoral use of it will be financial.
I guess decentralisation and anonymity both are it's good characters that makes it different from the conventional financial system. Saying they are the reasons to illegal activities is wrong because dollar don't have both these characteristics but still is the number one currency preferred for illegal activities.

I do not know how to use BTC money. But for me BTC is a place to invest and is my asset.

In my own opinion, the improper use of bitcoins is that, if it will be used for illegal transactions such as money laundering to buy drugs and that is the reason why some of the governments wants to ban cryptocurrency.

how can bitcoin be misused? output it when the rate fell? I do not know another, but this is nonsense

Misused if people don't know its real function and just relying on the market, when they don't know how to keep calm especially during the situation nowadays and it is not normal. That is why it is  not advisable to buy bitcoin if you are not ready.

Bitcoins are use underground transaction especially black market. Even drugs can be trades with bitcoin. Because of the technology, bitcoin is used improperly. We cant blame bitcoin for this, we should blame those who are using bitcoin as their gateway in DOING this illegal transaction.

some of the risks that must be faced by those bitcoin users or account users who are in this forum, then before we really dive we must know with some risks and be prepared to deal with it.

There are instances where we read that bitcoin featured in money laundry, terrorism and child pornography but I later read that this things are not as rampant as those negative news portrayed it to be. In fact, we have more of this with local currency. All I know is that there are scam done with bitcoin,especially through ICO.

Well people in essence will want to crack down a safe in order for other people to make a newer and better safe. This cycle actually creates an opportunity for project directors and security heads to bolster their security and beef it up so that users will be more comfortable. Also, let's not forget the greedy nature of humans in general.

I think these security breeches and criminal activities involving crypto currency actually disuades more and more peoppe to hitch their wagon on crypto currency and more and more people are encouraged to get out of crypto currency. But i really think these things will be lessened in the next few years due to improvements of developers.

I couldn't agree more. In my opinion, the improper use of bitcoin are bitcoin being associated by the criminal doings and stuffs. The illegal transaction in buying the prohibited things such as drugs, and dangerous weapon by using bitcoin is an improper use of it.  Also the security threats is one of it.

It is one of the disadvantages of the bitcoin,  the bitcoin can use in a bad way. I have read many articles about criminals who are using bitcoins. They are using the anonymity of the bitcoin as their advantage.

Inappropriate use of bitcoin goes further to prohibited or criminal activities, namely theft, fraud and other malicious activities, even those who live in the underworld often use bitcoin to make transactions, I think it is common for bitcoin users to see weaknesses or inaccuracies use.

indeed, every development of innovation must have a weak point, then later more refined, it is something that is natural. but today many use these weaknesses for personal gain. moreover for the government that has not legalized, it is certainly weak in law

There are many rumors about the improper use of the bitcoin in the dark net. The rumors are about bitcoin as a medium of exchange of drugs,  human trafficking and many more illegal things. It is really true that bitcoin can also use in bad ways.

Because of the anonymity of the bitcoin, there sre many greedy people who using bitcoin for their own satisfaction and happiness. The bitcoin earned bad reputation because of the scammers who using the image of the bitcoin.

It is one of the reason why the governments have a doubt to legalize bitcoin. They are aware to the improper use of the bitcoin,  there are many criminals who keep using it because they know that they are anonymous.

Well of course the only improper use of bitcoin is that if we use it i any illegal forms of activity.
due to that bitcoin is very open to any person whether the individuals is a bad or good type of people. And this could be the other reason of the government of the country, that's in some exchange that based centralized has a kyc requirements to avoid AML.

One of the reason why government and others are against of bitcoin is because  it is used in illegal transactions. They cannot think what will be the result in doing that.
Lack of knowledge why others led  to use it in bad ways. It is true that it can give opportunity for everyone but those opportunity create a wrong  impression to others.