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Bitcoin => Bitcoin Discussion => Topic started by: rosyantony on August 08, 2018, 09:14:14 AM



Title: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: rosyantony on August 08, 2018, 09:14:14 AM
Currently, the ratio of legal to illegal activity on the bitcoin network has completely changed trend as the former surpasses the former. This was stated by DEA Agent Lilita Infante at the U.S Drug Enforcement Administration.

Is the number of criminals on the bitcoin network has significantly reduced compared to early days?

https://coinpedia.org/news/bitcoin-network-speculators-not-criminals/


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: jademacoy on August 08, 2018, 09:18:34 AM
Currently, the ratio of legal to illegal activity on the bitcoin network has completely changed trend as the former surpasses the former. This was stated by DEA Agent Lilita Infante at the U.S Drug Enforcement Administration.

Is the number of criminals on the bitcoin network has significantly reduced compared to early days?

https://coinpedia.org/news/bitcoin-network-speculators-not-criminals/
yes this is 100 Percent true that the dominance here in the bitcoin community is not the criminals or whatsoever groups that has been joining on the forum or community. As i have always see some threads and comments that is purely more on like speculations that will going to happen in bitcoin. But all of these speculations are not assurance.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: DooMAD on August 08, 2018, 01:16:54 PM
Most people would naturally arrive at the conclusion that speculators are preferable to people using Bitcoin to buy drugs, but one could argue that at least the drug users were engaging in some sort of trade.  A network where users are actually buying stuff with their bitcoins is better than a network of people who purely see Bitcoin as a means to increase their fiat holdings.

It might give more favourable headlines, but is it really better?  Many countries are softening their drug laws anyway, so what's currently considered illegal may not be so in future.  Personally I've never taken recreational drugs, but I have no issues with those who do.  As long as they aren't endangering or inconveniencing others in the process, it's up to them.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Coin-1 on August 11, 2018, 01:01:08 AM
I guess that the criminals decided to use Monero, Dash, ZCash or other anonymous crypto currencies, because their transactions can't be tracked. Yes, Bitcoin is quite transparent crypto currency, so BTC is trusted by many people.

Anyways, I think that the overall dark market was not reduced, but illegal activities are paid in other coins. Therefore currently the most of Bitcoin transactions are made by speculators.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: blackwell77 on August 11, 2018, 09:41:33 AM
yes, I also heard about it that the government of south korea has recognized crypto exchange as financial institutions. Financial authorities of South Korea have finalize their plans about it said by local publications.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: pimkobai on August 11, 2018, 10:33:26 AM
Yes, I definitely agree that most of the people in bitcoin community were mostly dominated by speculators who had strong support for bitcoin and not criminals. These speculators are also bitcoin investors hoping that bitcoin could grow further such that they could earn good return of investment.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: painkiller321 on August 11, 2018, 11:50:29 AM
Yeah I agree with that big headline. It’s true that some groups are spreading rumors based on speculations. Sometimes people shout and get more conscious over speculations rather than the fact which leads to various misconceptions


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Woundur on August 11, 2018, 12:40:03 PM
Bitcoin community is neither dominated by criminal nor by speculators! Speculators people who buy drugs are using Bitcoin. It is some sort of good things that they are engaging themselves in exchange. But not all the speculators are good. Though as long as they are not doing harm to anyone they can be here!


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Proo1947 on August 11, 2018, 01:38:58 PM
The DEA agent infante lilita has revealed that the illegal activities taking place through Bitcoin has shrunken to as less as 10% only. Initially many believed that this was a medium of transaction of criminal activities as the transactions occurs anonymously. But with the passage of time, Bitcoin has proved itself and the amount of illegal activities has reduced extensively.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: KonstantinosM on August 11, 2018, 01:46:08 PM
This whole thing is ridiculous.

You can´t easily label legal and illegal activity. Bitcoin is experimental, so of course it´s going to be dominated by speculators.

I've bought a variety of things with bitcoin but as it´s still in the early stages and gaining value, it´s increasingly harder to justify that.

We should embrace the people doing "illegal" drug trades using Bitcoin. And we should recognize that those trades should have never been illegal in the first place.


The laws against marijuana are for example, not supported by the majority of Americans yet they stay on the books. Why? Because of politics.

F**k the corrupt politicians and f*ck their DEA enforcement and their silly arguments.












Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: FireEye58 on August 11, 2018, 02:06:20 PM
Yes it is true. Most of the people over here are also here just to speculate the activities of the market and the forum. They are just here to witness the BTC, that is what is going to happen to it.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: jseverson on August 11, 2018, 02:16:22 PM
It might give more favourable headlines, but is it really better?

I personally think so. I'm sure some speculators trade often too, and there's always a possibility of them seeing the merits of Bitcoin as a currency. It's anecdotal, but I know people who simply wanted to invest but was sucked in by the potential of the technology. It's not a bad idea to put crypto in the hands of people because you never know who might stick around.

I'd say not being associated with drugs is also a good thing, because it removes one potential reason for a government clamp down and it helps alleviate the stigma. Favorable headlines are inherently good for any subject too, especially for something that aims to be adopted by the general public.

Not that I care that people are using Bitcoin to buy drugs. The point is decentralization after all lol.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: bontkoli01 on August 11, 2018, 03:57:05 PM
It’s not clear but some technical team contains anonymous and dominating the cryptomarket. But it’s not a easy task to understand how they do it.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: bonballi on August 11, 2018, 04:18:00 PM
Blockchain technology maintain anonymity that’s how it’s free from third party. So it’s being more secure and sustainable.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: tonywangg on August 11, 2018, 04:29:55 PM
BE careful what you wish for.  if you think the drug dealers are bad wait till the bankers and speculators get in here.  Shows you guys don't know who the real criminals are. 


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: CCF_news on August 11, 2018, 04:43:28 PM
Of course, the number of criminals in the world has decreased, but many people still do not understand this. There are a lot of speculators in any financial market and the crypto currency market is no exception. I think that you do not need to think about it at all.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: EmmyWork on August 11, 2018, 05:32:06 PM
It is genuine that the predominance here in the bitcoin network isn't the hoodlums or at all gatherings that have been joining on the discussion or network. As I have dependably observed a few threads and remarks that is simply more on like hypotheses that will be going to occur in bitcoin. In any case, these hypotheses are not confirmed.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: CryptoShooter on August 11, 2018, 05:32:40 PM
Many people generally think that speculators are desirable over individuals utilizing Bitcoin to purchase drugs, yet one could contend that at any rate, the medication clients were taking part in a type of exchange. A system where clients are really purchasing stuff with their bitcoins is superior to anything a system of individuals who simply consider Bitcoin to be a way to expand their fiat possessions.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Vengeance007 on August 11, 2018, 06:15:41 PM
Speculators are manipulating market for a long time, it is good that finally it has come to light. But, to be honest, having accusations of criminal activities in crypto network would cause a higher magnitude of loss of reputation but still we cannot ignore the problem created by speculators who are only here for their own profit.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: CodiepieBCT on August 11, 2018, 06:16:06 PM
I don't think having speculators are doing a lot of harm to the community. But, people who owns a huge amount of assets might get a hold of the market and control it as their wish which can be something to be concerned of. But, criminal activities can really tarnish the reputation of the community more the speculators in my opinion.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: lamthanh3462342 on August 11, 2018, 06:55:36 PM
It can not be confirmed by speculators manipulating the crypto market today. The rumors spread, leading people to come to the conclusion too early to cause confusion but ignore the main event. Agreed that bitcoin cybercriminals are down but we still have to protect our wallets carefully. The market is on the decline, investors like me look at the market next month can not change much. In transactions it is difficult to predict what is the crime of anonymity. Most of the btc community is supposed to be manipulated by speculators and criminals but I think there is some power, hopefully soon to be found.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: merchantofzeny on August 11, 2018, 06:59:05 PM
I think I saw some articles stating the same and saying that the FBI actually prefer that criminals continue using bitcoins. After all they know enough to be able to track transactions. No wonder some people are speculating some US agency was behind bitcoins, though that seems a bit unlikely, at least to me.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: liennhung345323 on August 11, 2018, 06:59:28 PM
I totally agree with your opinion. The Bitcoin community has been largely manipulated by speculators. But this situation will soon be solved by true investors wanting a green market. The cybercriminals are down, but we do not neglect the management of our assets.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Sutters Mill on August 11, 2018, 07:06:44 PM
I imagine this is the same with most technologies as they become more popular. They say that criminals are always the first people to adopt technology as they see the potential in things and it was the case for swords, guns, cars, computers, the internet, mobile phones and so on. Eventually technology catches on with the general public but of course this takes time. Not every body had a mobile phone or computer overnight and initially they were only really available to the rich or business men but now pretty much everyone has one now. Bitcoin could be the same, just give it time and keep spreading the word and at least you can be one of those to say you were one of the early investors and saw the potential when nobody else did.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: blackrain321 on August 11, 2018, 07:15:56 PM
Bitcoin are made by blockchain technology that's why it is more secure and reliable. It is more useful and useable. it can proved that bitcoin crime now decreased. our awareness can totally reduce this crime.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: bitcoindiary on August 11, 2018, 07:17:26 PM
In my opinion you are right. bitcoin network are made by blockchain technology that's why it is more secure. I think now bitcoin are reduce a lot of criminal and make a secure field for investment. it is now more reliable.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: ololajulo on August 11, 2018, 07:18:39 PM
News are coming out daily that should improve the trade volume of bitcoin and the rest but people look indifferent. Not all those news are always true. Improved security is expected after some years of existence and such news are good for the approval by the SEC. security is very important for considerations that they dont seem to point it out often and we all know internet cant be perfectly safe but can be regularly fortified


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: blackwell77 on August 11, 2018, 08:35:05 PM
Bitcoin is made with advanced blockchain technology. So I think it's the most secure and reliable.In my opinion the number of crime has decreased from earlier. But we can reduce this crime further if we all become aware.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: coinages on August 11, 2018, 08:36:29 PM
bitcoin network are more secure and strong. it is made by advance blockchain technology thats why its reduce a lot of criminal. It will help us make more profit. in my opinion it is more reliable than before.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: CAPTEZECC on August 11, 2018, 08:45:20 PM
The statistics is very true, bitcoin was not made to carry out criminal activities but the criminals took advantage of it but as the day goes by people are seeing the better side of bitcoin and they are joining with more awareness the community will be enlarged with people of integrity.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: TomJ.Lawson on August 11, 2018, 09:10:20 PM
yes you are right. bitcoin now goes to another level. in recent years you might bitcoin will dominate the whole world currency. and this bitcoin are dominated by the speculators not by the criminals.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: BitHodler on August 11, 2018, 10:24:31 PM
Not every body had a mobile phone or computer overnight and initially they were only really available to the rich or business men but
now pretty much everyone has one now.
Right. I remember how people around me didn't see any value in mobile phones, while currently mobile phones are pretty much dominating the world and most people can't live without them anymore.

The only problem with crypto is that every coin or token in this industry isn't capable of handling mass use. Being decentralized means that you have to sacrifice scalability and that will definitely break most of the projects.

We haven't yet seen the power of second layer technologies, but this is basically the only hope for crypto to really become a mainstream vehicle since on-chain scaling isn't long term viable.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Camster on August 12, 2018, 03:01:20 AM
We probably would have been better off with the criminals.  The speculators are going to pick this thing to the bone and make a mockery of things.  Will be very interesting to be part of though. 


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: pooya87 on August 12, 2018, 03:24:57 AM
Currently, the ratio of legal to illegal activity on the bitcoin network has completely changed trend as the former surpasses the former. This was stated by DEA Agent Lilita Infante at the U.S Drug Enforcement Administration.

Is the number of criminals on the bitcoin network has significantly reduced compared to early days?

the  dates mentioned here are quite wrong.
the early days there were no criminal activity. then in a couple of years it increased with things such as SilkRoad and the dark market and the fact that people thought bitcoin is anonymous. but even then at the peak there wasn't more illegal activity than legal activity ever. then as SilkRoad was closed and as people found out bitcoin has never been anonymous the illegal activities dropped down significantly. this is years ago!


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: TheClownSong on August 12, 2018, 04:33:18 AM
Currently, the ratio of legal to illegal activity on the bitcoin network has completely changed trend as the former surpasses the former. This was stated by DEA Agent Lilita Infante at the U.S Drug Enforcement Administration.

Is the number of criminals on the bitcoin network has significantly reduced compared to early days?

https://coinpedia.org/news/bitcoin-network-speculators-not-criminals/

With big profits opportunity we can earn on crypto market, most peoples want to speculate their crypto and make trade on market. Its new market and not many peoples understand about crypto market.
Criminal activity that always happen in crypto community right now is hacking on others peoples wallet and i think peoples wont use bitcoin for illegal activity, they use it for investment right now


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: pawanjain on August 12, 2018, 04:35:57 AM
Currently, the ratio of legal to illegal activity on the bitcoin network has completely changed trend as the former surpasses the former. This was stated by DEA Agent Lilita Infante at the U.S Drug Enforcement Administration.

Is the number of criminals on the bitcoin network has significantly reduced compared to early days?

https://coinpedia.org/news/bitcoin-network-speculators-not-criminals/
The news is true. The dominance of BTC has completely changed from criminal activities to trading/speculating . Although the numbers might not be so accurate and might even be wrong but the change of dominance part is true. BTC was being used on the dark web to purchase guns and drugs and other illegal activities on the Silk Road but things have changed now. Also the number of investors in cryptocurrencies have increased a lot now. I can imagine how global crypto is gonna go in the next few years.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: iv4n on August 12, 2018, 10:05:36 AM
Currently, the ratio of legal to illegal activity on the bitcoin network has completely changed trend as the former surpasses the former. This was stated by DEA Agent Lilita Infante at the U.S Drug Enforcement Administration.

Is the number of criminals on the bitcoin network has significantly reduced compared to early days?

https://coinpedia.org/news/bitcoin-network-speculators-not-criminals/
The news is true. The dominance of BTC has completely changed from criminal activities to trading/speculating . Although the numbers might not be so accurate and might even be wrong but the change of dominance part is true. BTC was being used on the dark web to purchase guns and drugs and other illegal activities on the Silk Road but things have changed now. Also the number of investors in cryptocurrencies have increased a lot now. I can imagine how global crypto is gonna go in the next few years.

Most of you don`t remember bitmixer.io, and last words from them when they closed their service. You can check it https://bitcointalk.org/index.php?topic=2042470.msg20331854#msg20331854 (https://bitcointalk.org/index.php?topic=2042470.msg20331854#msg20331854), blockchain is a great open book that says a lot about current situation and this topic. But where are those criminals who used bitcoin for illegal activities, now they probably use some other coin for their transactions. But ok, from criminals to speculators, I must wonder what is the next thing? Where we are heading? Is there anyone here with some good answer what is the next step for bitcoin?


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: DooMAD on August 12, 2018, 10:44:38 AM
It might give more favourable headlines, but is it really better?

I personally think so. I'm sure some speculators trade often too, and there's always a possibility of them seeing the merits of Bitcoin as a currency. It's anecdotal, but I know people who simply wanted to invest but was sucked in by the potential of the technology. It's not a bad idea to put crypto in the hands of people because you never know who might stick around.

I'd say not being associated with drugs is also a good thing, because it removes one potential reason for a government clamp down and it helps alleviate the stigma. Favorable headlines are inherently good for any subject too, especially for something that aims to be adopted by the general public.

Those are fair points.  My concern is that I'd rather not see a point in time where people generally view rampant, mindless and morally ambiguous speculation as the primary purpose of Bitcoin.  Enough people already view it that manner (which, incidentally, also generates negative headlines about "bubbles", "tulips" and such).  If we really want to see a positive economic change with this stuff, we can't just be recreating a world of investments and derivatives, like all the current fuss about ETFs and futures is leading towards.  I don't personally see that as a good direction.  Ideally, Bitcoin shouldn't solely be yet another financial instrument for asset managers and traders to gamble with.  That's just more of the same behaviour that led to the global financial crisis in the first place.

Obviously we shouldn't try to curtail that behaviour, because they're free to do that if they want.  But at the same time, we shouldn't lose sight of the goal of ordinary people having access to a secure, incorruptible and open alternative to fiat.  We should do as much as we can to encourage things that lead to people being able to buy and sell actual goods and services with their bitcoins.  That's what a proper economy should look like.  There should be some productivity involved somewhere.  Speculation alone doesn't meet that criteria.  Detractors like Warren Buffett argue that "Bitcoin doesn't produce anything" and we're sadly going to prove them correct if we don't find a way past this purely speculative mindset.

Hollow greed only gets us so far before it starts to become a problem.  People really need to stop treating Bitcoin like a get-rich-quick scheme.  It's ultimately harmful to public perception.  Do we want people to take an interest in genuine financial freedom because that would be of benefit to them in this precarious global economy?  Or do we want them to perceive this as some sort of plaything for the financial elites which won't resonate with them in the slightest because it's just more of the same?  


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Aleshia696 on August 12, 2018, 11:26:25 AM
I think we cannot surely say what controls bitcoin community. But as my assumption, most of the people in the BTC community is here for a good reason and good aims to gain from here legally with the legitimate work plan. Though, there are many who are using BTC's freedom in a bad way.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: alinalovedoogie on August 12, 2018, 02:31:32 PM
There are many technical team which maintain their anonymity and dominating BTC community. But it’s not easy to define who they are`


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: jzale on August 12, 2018, 02:40:39 PM
Bitcoin have already reached popularity that's why the ratio of good and bad utilization of Bitcoin has switched to the good latter. In the past Bitcoin is swarmed with illegal activities thus giving the bad view for those who aren't into crypto yet. The criminal activities is fueled by decentralization which is the main feature of Bitcoin. Now that the Government is having an eye and is making their move to regulate Bitcoin, that must be the reason why criminal minds have turned their back.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: annasadia on August 12, 2018, 03:02:21 PM
Bitcoin is fluctuated and it’s market recently down. And many analyst draw many separate reason for this current market situation. But there are many anonymous technical team used to dominating this community.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Upopety on August 12, 2018, 04:21:38 PM
Yes this is absolutely true as per the recent condition of the bitcoin. Bitcoin community has different types of expert members as well as expert and experienced investors. In future the community will be more disciplined.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: krauzzer02 on August 12, 2018, 06:53:17 PM
Bitcoin is not really anonymous at this point you can clearly track all those transactions as its blockchain is transparent that everyone can see it they would probably using some anonymous coins like monero and other altcoins that can cover their tracks to hide their deals well some of them still using this coin to receive payments but their number decreased due to some alternatives.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: dennisch123 on August 12, 2018, 07:03:29 PM
Price manipulation, wash trading, and so on are crimes.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: onaiwusun on August 12, 2018, 07:05:54 PM
the idea that bitcoin is a tool employed by criminals, terrorist, drug lords is a tool by media to discredit  the use of bitcoins, society is getting to know better


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Marlo Stanfield on August 12, 2018, 07:15:11 PM
It can be really alarming because criminal activities can be stopped using law enforcements or other techniques but you cannot really do anything about speculators who are here for their own profit by making others face a loss. I hope a new trend will help this number of speculators to minimize as soon as possible.

Minimize speculators and your taking out a large, if not the largest, part of the demand that props up the price of BTC. Not to mention proving the volume and liquidity that's needed for a healthy market.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Oliveir on August 12, 2018, 07:17:15 PM
It should be speculators that dominate the community not the criminals, some criminals are doing other crime when they have known that Bitcoin is down for how many months, make a report also about a suspicious individual with unnatural behaviour making a fishy transaction with you.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: MainIbem on August 12, 2018, 07:29:06 PM
I don't think the criminal elements have been eliminated in the network. It could be that the ratio of new entrants who are speculators out number the criminals.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: cdcjk on August 12, 2018, 08:52:58 PM
Currently, the ratio of legal to illegal activity on the bitcoin network has completely changed trend as the former surpasses the former. This was stated by DEA Agent Lilita Infante at the U.S Drug Enforcement Administration.

Is the number of criminals on the bitcoin network has significantly reduced compared to early days?

https://coinpedia.org/news/bitcoin-network-speculators-not-criminals/
I have already heard many all skilled and experienced guys here talking about that cryptocurrency price right now is totally manipulated and so it means that basically it is not a healthy thing to endure that hard times.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: jseverson on August 13, 2018, 06:24:03 AM
Obviously we shouldn't try to curtail that behaviour, because they're free to do that if they want.  But at the same time, we shouldn't lose sight of the goal of ordinary people having access to a secure, incorruptible and open alternative to fiat.  We should do as much as we can to encourage things that lead to people being able to buy and sell actual goods and services with their bitcoins.  That's what a proper economy should look like.  There should be some productivity involved somewhere.  Speculation alone doesn't meet that criteria.  Detractors like Warren Buffett argue that "Bitcoin doesn't produce anything" and we're sadly going to prove them correct if we don't find a way past this purely speculative mindset. 

I completely agree. Bitcoin is a currency and should primarily be used as such in my opinion. I don't think speculators are harmful though, because it's not like they kill its utility. They're free to do what they want, as you say, and we're free to do what we want. We can promote Bitcoin as a currency while they use it to speculate. Some use it both ways and that's perfectly fine too. They're not mutually exclusive.

I just think that Bitcoin is currently better known as an investment/store of value because it can fulfill that role better than its currency role. Once scalability and other features that improve its utility catch up, I'm sure more people will start taking it seriously no matter what its reputation may be. Meanwhile, I just think it's best to get it on the hands of as many people as possible.

Speculation shouldn't be too much of a problem unless it's taken too far, which is where we get these Bitcoin is a get rich quick scheme viewpoints. That's just my two satoshis, at least.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Kakmakr on August 13, 2018, 06:31:36 AM
I guess that the criminals decided to use Monero, Dash, ZCash or other anonymous crypto currencies, because their transactions can't be tracked. Yes, Bitcoin is quite transparent crypto currency, so BTC is trusted by many people.

Anyways, I think that the overall dark market was not reduced, but illegal activities are paid in other coins. Therefore currently the most of Bitcoin transactions are made by speculators.

Yes, but where does those currencies end up after they used those Alt coins? How many merchants do you know that accepts Monero or Dash or ZCash? In many instances those mentioned currencies are used, because they have better anonymity, but eventually it ends up being converted back to BTC to enable these criminals to spend it.

We want to ignore that, but it is true.  ::)


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: coinwizard_ on August 13, 2018, 06:32:57 AM
Criminals leaving the bitcoin market could be one of the reasons for the slump in price. All this regulation might be pushing them to regular money laundering tactics instead.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: merchantofzeny on August 21, 2018, 10:32:12 AM
I guess that the criminals decided to use Monero, Dash, ZCash or other anonymous crypto currencies, because their transactions can't be tracked. Yes, Bitcoin is quite transparent crypto currency, so BTC is trusted by many people.

Anyways, I think that the overall dark market was not reduced, but illegal activities are paid in other coins. Therefore currently the most of Bitcoin transactions are made by speculators.

Yes, but where does those currencies end up after they used those Alt coins? How many merchants do you know that accepts Monero or Dash or ZCash? In many instances those mentioned currencies are used, because they have better anonymity, but eventually it ends up being converted back to BTC to enable these criminals to spend it.

We want to ignore that, but it is true.  ::)

Guess that's where mixing services come in, right?  ;)

The criminals could have simply moved all their money out to more secure cryptos and keep and transact there and just convert to btc when they need the money back in fiat. That could skew the numbers since these would be new money coming in.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: btcjocan on August 21, 2018, 10:49:33 AM
I guess that the criminals decided to use Monero, Dash, ZCash or other anonymous crypto currencies, because their transactions can't be tracked. Yes, Bitcoin is quite transparent crypto currency, so BTC is trusted by many people.

Anyways, I think that the overall dark market was not reduced, but illegal activities are paid in other coins. Therefore currently the most of Bitcoin transactions are made by speculators.

Yes, but where does those currencies end up after they used those Alt coins? How many merchants do you know that accepts Monero or Dash or ZCash? In many instances those mentioned currencies are used, because they have better anonymity, but eventually it ends up being converted back to BTC to enable these criminals to spend it.

We want to ignore that, but it is true.  ::)

Guess that's where mixing services come in, right?  ;)

The criminals could have simply moved all their money out to more secure cryptos and keep and transact there and just convert to btc when they need the money back in fiat. That could skew the numbers since these would be new money coming in.
I don't get it completely. Do you mean that speculators are the new criminals? Who tend to hoard crypto currencies and in exchange to fiat? Anyway, there must be suggested solutions for that to prevent from skewing money coming in the market. But, then how could this be prevented by the way? Hope this will be worked on and track the criminals.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: maianh09 on August 21, 2018, 10:51:53 AM
The offenders only use it as a way to settle illegal transactions away from the law through anonymity. Speculators are the people who own a lot of Bitcoin, and they can use the significant resources to influence the market negatively or positively if they want.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: perova93 on August 21, 2018, 04:36:19 PM
with each different countries come up with new laws - controlling and regulating the crypto industry! Today, there are fewer and fewer Mossics, the biggest moshchenki left only in new projects! new projects - the mosses are trying to raise money and disappear!


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: 0t3p0t on August 21, 2018, 04:50:30 PM
Currently, the ratio of legal to illegal activity on the bitcoin network has completely changed trend as the former surpasses the former. This was stated by DEA Agent Lilita Infante at the U.S Drug Enforcement Administration.

Is the number of criminals on the bitcoin network has significantly reduced compared to early days?

https://coinpedia.org/news/bitcoin-network-speculators-not-criminals/
Speculators are the players of the Bitcoin market and to be honest I, you or we all here did it because we believe in the idea of Bitcoin itself. Transparency of Bitcoin won't attract the eyes of criminals because they need crypto's that are having anonymous transactions like Monero. Criminals don't like to play speculations because all they are doing is to evade law and transact privately for their illegal activities.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: isllander on August 21, 2018, 05:16:57 PM
I think any new one is going through a difficult path. A lot of time must pass before the government starts to really promote the legality of the crypto currency.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Harlot on August 21, 2018, 05:25:59 PM
That is the affect of being recognized by law, knowing that the US government have already acknowledged the presence of exchanges in the US their is no doubt the the common market will be more in trading rather than the use in illegal activities. Although I don't think that is the only factor as they probably is using other cryptocurrencies in their methods to do crime, also the news only covered BTC which is supporting what I think that they have move on to another cryptocurrency, and what others have said earlys Monero, Dash, Ripple, and Zcash are one of the most preferred cryptocurrencies for anonymity.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: merchantofzeny on August 23, 2018, 04:35:58 PM
I guess that the criminals decided to use Monero, Dash, ZCash or other anonymous crypto currencies, because their transactions can't be tracked. Yes, Bitcoin is quite transparent crypto currency, so BTC is trusted by many people.

Anyways, I think that the overall dark market was not reduced, but illegal activities are paid in other coins. Therefore currently the most of Bitcoin transactions are made by speculators.

Yes, but where does those currencies end up after they used those Alt coins? How many merchants do you know that accepts Monero or Dash or ZCash? In many instances those mentioned currencies are used, because they have better anonymity, but eventually it ends up being converted back to BTC to enable these criminals to spend it.

We want to ignore that, but it is true.  ::)

Guess that's where mixing services come in, right?  ;)

The criminals could have simply moved all their money out to more secure cryptos and keep and transact there and just convert to btc when they need the money back in fiat. That could skew the numbers since these would be new money coming in.
I don't get it completely. Do you mean that speculators are the new criminals? Who tend to hoard crypto currencies and in exchange to fiat? Anyway, there must be suggested solutions for that to prevent from skewing money coming in the market. But, then how could this be prevented by the way? Hope this will be worked on and track the criminals.

LOL, I was responding to the comment that criminals have moved on to other cryptos and that they may still be using btc but under the radar.

I wouldn't call speculators criminals, I'm not an SJW. There are speculators in every market, they're who keeps things moving. After all, they're the ones who buy in in bulk and that money tend to go back in the market again after they've made a profit.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Catch-22 on August 23, 2018, 05:43:25 PM
Criminal speculators   :-X.  What makes you say that? Did you based your findings by interviewing criminals? I thought underworld organizations want to stay under the radar.  ;)


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Dexion on August 23, 2018, 06:33:40 PM
Yes, I agree with you, but the existence of crime in the crypto world always has a big influence in destroying the market. and criminals will not leave the crypto world.

Bitcoin network systems always have new innovations, and security is an important value that always be considered, so that criminals cannot use bitcoin for their benefit.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: alexs_03 on August 23, 2018, 07:38:29 PM
I do not know and I do not think that bitkoyn-crime is now widespread, it can eat a little, but not particularly. Yes, they can hack accounts, but no more than


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: fosco333 on August 24, 2018, 02:34:02 AM
Currently, the ratio of legal to illegal activity on the bitcoin network has completely changed trend as the former surpasses the former. This was stated by DEA Agent Lilita Infante at the U.S Drug Enforcement Administration.

Is the number of criminals on the bitcoin network has significantly reduced compared to early days?

https://coinpedia.org/news/bitcoin-network-speculators-not-criminals/

Yes i agree with you. The speculators want to make quick profit from market movements.
They even can manipulate the market to get more profit by buying the low price after they dump.
I think not much criminals exist in cryptocurrency, other than scam icos and projects.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: r32godzilla on August 24, 2018, 04:17:18 AM
Even though bitcoin has been criticized a lot that it's mostly used by criminals for illegal actions,i think that it has been over zoomed.

But speculators also could not be welcomed as they don't contribute anything for cryptos and just help to destabilise the market by price fluctuations.But the sad thing is that even criminals ratio could get reduced in cryptos but not the speculators and they would last till the end.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Pursuer on August 24, 2018, 06:12:50 AM
another shitty article is being shared by the owner of the website on this forum for click bait purposes!

I don't know when these people are going to realize that "essay writing" is not the same as "article writing". an article is something with valuable information, some research and real sources. for instance there is no valid information about how the activities on bitcoin blockchain are being measured. OP is just making things up as he goes to make something possibly because he has read some tweet or some random comment in the social media.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: zubrr51 on August 24, 2018, 06:15:13 AM
It is possible that the criminal world uses transactions in the crypto currency, but most of them are accounted for by market speculation.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: ETHtotheMOON1 on August 24, 2018, 06:26:00 AM
Currently, the ratio of legal to illegal activity on the bitcoin network has completely changed trend as the former surpasses the former. This was stated by DEA Agent Lilita Infante at the U.S Drug Enforcement Administration.

Is the number of criminals on the bitcoin network has significantly reduced compared to early days?

https://coinpedia.org/news/bitcoin-network-speculators-not-criminals/

I'm wondering what is better though. Speculators are really annoying, every post on this forum is about the price instead of a proper conversation on how the tech can help out


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: A Feeder on September 29, 2018, 10:45:52 PM
I agree, that bitcoin most dominated by speculators to the community not criminals because till the bitcoin long lasts many people use it and part of bitcoin world but if people know their limitation while using bitcoin and know the etiquette the crime will avoid.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Haroldsilve on October 02, 2018, 11:12:07 AM
Offenders can use significant resources to influence the market negatively or positively if they wish. Today, there are fewer and fewer Mossics, the largest moshchenki left only in new projects! New project - Moss is trying to raise funds and disappear!


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Boris_sahnevich on October 02, 2018, 11:23:43 AM
In the market, scammers began to work in other ways, but willing and beginning to trade in the market is really becoming more. Good traders are still few, mostly those who lose.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: maemunah on October 02, 2018, 11:25:17 AM
Yes, I agree with you, but the existence of crime in the crypto world always has a big influence in destroying the market. and criminals will not leave the crypto world.

Bitcoin network systems always have new innovations, and security is an important value that always be considered, so that criminals cannot use bitcoin for their benefit.
it is absolutely true that crypto world is the one that makes the most money that makes criminals not leave the crypto world, but with bitcoin has an innovation that allows users to secure their assets now it will be very difficult for criminals to steal it.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: aoluain on October 02, 2018, 12:40:27 PM
If it is the case that speculators outweigh criminals in crypto, I would think
that the mainstream media will still use the criminal factor to beat bitcoin with.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Airbuxf on October 02, 2018, 12:45:41 PM
I think most criminals tend to use different coins tah Bitcoin for their actions. If they have to make an illegal transaction they will rather use in this case Monero or ZCash. Bitcoin as far as it's secure it's not that anonymous.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: resty on October 02, 2018, 02:56:55 PM
Currently, the ratio of legal to illegal activity on the bitcoin network has completely changed trend as the former surpasses the former. This was stated by DEA Agent Lilita Infante at the U.S Drug Enforcement Administration.

Is the number of criminals on the bitcoin network has significantly reduced compared to early days?

https://coinpedia.org/news/bitcoin-network-speculators-not-criminals/

Bitcoin is easy way to use for illigal activities because this is decentralized we admit that, but it doesn't mean that all activities here is illigal i know that bitcoin flatform organization doesn't allow that kind of activities i know that they alimimate quickly if there is irregularities here. But we could aware those speculation about negative issue for ligetimacy of bitcoin because we are democracy all regarding to bitcoin is willing to discuss.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Matthewlee on October 06, 2018, 01:24:02 AM
Today, there are fewer and fewer Mossics, the largest moshchenki left only in new projects! New project - Moss is trying to raise funds and disappear! A lot of time has passed before the government began to really promote the legitimacy of electronic money. Although I do not think that is the only factor because they may be using other electronic money in their method to commit crimes, and the news only includes the BTC support what I think they have transferred. Other electronic money, and what others have said head Monero, Dash, Ripple, and Zcash is one of the most preferred cryptocurrencies for anonymity. What do you say? I think the hell organizations want to be under the radar. The Bitcoin network has always been innovative, and security is an important consideration always, so criminals can not use bitcoin for their benefit. Yes, they can hack accounts,


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: jobukegoya on November 07, 2018, 12:12:37 PM
Yes, I agree with you, but the existence of crime in the crypto world always has a big influence in destroying the market. and criminals will not leave the crypto world.

Bitcoin network systems always have new innovations, and security is an important value that always be considered, so that criminals cannot use bitcoin for their benefit.
The bitcoin community is now full of speculative investors, who have large or small capital, with one common goal of earning as much profit as possible. Indeed, transactions become faster and more passionate, because the movement of buying and selling is very fast along with rising prices or falling prices. They are speculators, so they don't care if they lose, but at other times they also win big.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: zhanyiguai261315 on November 07, 2018, 12:18:19 PM
Because BTC has huge benefits, there will be so many speculators!
Everything in the world will be like this. If there are interests, there are many speculators who risk the crime to commit speculation!


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Infinixhot1996 on November 07, 2018, 12:26:18 PM
Currently, the ratio of legal to illegal activity on the bitcoin network has completely changed trend as the former surpasses the former. This was stated by DEA Agent Lilita Infante at the U.S Drug Enforcement Administration.
In my honest opinion I think the rate at which criminals use the bitcoin for their fraudulent activity has reduced simply because of the transparency of the bitcoin as every transaction happen to be recorded on the blockchain technology

Though that doesn't mean the currency isn't used for fraudulent activities as its basically decentralized and anonymous..

The system is still dominated in my own opinion by both criminals and speculators(who keep waiting for the price to rise,rise and rise)


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: hadveach on November 07, 2018, 01:34:23 PM
yes, I agree with you, today criminals prefer to do real robbery rather than hacking the system.

speculators work harder to spread trust and eliminate panic from some people who panic. especially for beginners when bearish.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: gamechangers on November 07, 2018, 02:07:26 PM
There are still a very good numbers of criminals in the cryptocurrency space. I guess that they have probably moved to a more anonymous cryptocurrencies in order to conceal their activities because there has been so much focus on bitcoin recently. We will get to hear more as time goes on.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: joshy23 on November 07, 2018, 02:09:56 PM
yes, I agree with you, today criminals prefer to do real robbery rather than hacking the system.

speculators work harder to spread trust and eliminate panic from some people who panic. especially for beginners when bearish.
Speculators helps people to hold on and show some good news to stay positive, when the sudden pumped happen last year a lots of scammers shows up and intentionally scam investors with fakes projects and also hackers are very active creating phishing site to hacked wallets, but now that the value falls
really deep more speculators stand strong and provide some good news to pampered those who got trapped with the quick dumped which happen around the market, they are still positive that things will bounce back much higher.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: tanxpresisit514 on December 24, 2018, 03:49:14 AM
Because BTC has huge benefits, there will be so many speculators!
Everything in the world will be like this. If there are interests, there are many speculators who risk the crime to commit speculation!
There is a false assumption that bitcoin users are dominated by criminals, whereas in reality bitcoin is controlled by speculators who move huge amounts of money to make a profit. Criminals who master the technology of using bitcoin are still few in number and for them it is better to use fiat money, because it can be used immediately.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: MuffinMaster on December 24, 2018, 04:09:58 AM
Unfortunately, the number of scams on the cryptocurrency market is still very high. I think that the statistics look better only because during the last bubble the number of cryptocurrency users increased significantly.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: BTMBitcoinVN on February 14, 2019, 08:27:42 AM
Next part is to make it dominated by people who use it to purchase goods and services


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: thankyoulord on February 15, 2019, 10:01:55 PM
well you rigth as currently the crypto community is filled with so many speculators who try at every point in time to predict the price of bitcoin or what will happen to bitcoin as they are only bothered about making nothing but quick profit every now and then


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: eaLiTy on February 15, 2019, 10:24:55 PM
well you rigth as currently the crypto community is filled with so many speculators who try at every point in time to predict the price of bitcoin or what will happen to bitcoin as they are only bothered about making nothing but quick profit every now and then
The fact is you really cannot complain anyone here, the market is volatile and since it is the beginning phase as more people are coming into it for all the wrong reasons looking at the price movements in a short period of time, they will make money in those market rather than considering it just as a medium of transaction, take a look at the forex market, the movement is minimal but it is trillion dollar market, so everyone wants to make use of the market and since bitcoin has a higher potential for the price to increase people are undermining its value as a medium of transaction thinking about making a profit at a later time.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: miropp on February 15, 2019, 11:56:38 PM
Uniquely. Bitcoin has become very popular and everyone wants to show that there is nothing wrong with it. Therefore, I believe that the percentage of use of crypto for criminal purposes has decreased significantly.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Jating on February 16, 2019, 03:36:19 AM
well you rigth as currently the crypto community is filled with so many speculators who try at every point in time to predict the price of bitcoin or what will happen to bitcoin as they are only bothered about making nothing but quick profit every now and then

This is a free and open market, so you can do anything, be your a speculator or whales or part of a pump-and-dump groups. Of course everyone wanted to make money here, whether shorting bitcoin or just by holding, to each his/her own.

Nobody complains when the price hits $20k, so we can say as well that there's no reason to bitch around when the price is $3k. Everyone should learn how to make money, doesn't matter which cycles we're in and that is the beauty of this market.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: minasantos on February 16, 2019, 04:39:23 AM
Yes, there are many new speculators in the current community, which may be beneficial to the industry. The community is constantly developing and expanding.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: pawanjain on February 16, 2019, 04:44:33 AM
It is definitely true that the bitcoin community is now dominated with speculators rather than criminals/terrorists/drug dealers etc... The dark web used bitcoins for criminal activities but the time has changed now.
The rise of bitcoin's price was due to the criminal activities, drug dealers etc.. but over the time the bitcoin community has grown well and now there are more number of speculators who dominates bitcoin's price.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: meanwords on February 16, 2019, 05:22:28 AM
I guess that the criminals decided to use Monero, Dash, ZCash or other anonymous crypto currencies, because their transactions can't be tracked. Yes, Bitcoin is quite transparent crypto currency, so BTC is trusted by many people.

Anyways, I think that the overall dark market was not reduced, but illegal activities are paid in other coins. Therefore currently the most of Bitcoin transactions are made by speculators.

I agree with this one. There are a lot of cryptocurrencies that surpasses Bitcoin when it comes to speed, usability, and anonymity. I heard that they mostly use doge coin and monero now because they can't trace. Although Bitcoin is pretty famous around, it wasn't really completely anonymous.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: pinoyden on February 16, 2019, 09:01:54 AM
Yes, there are many new speculators in the current community, which may be beneficial to the industry.

Speculators or speculations can also bring negativity from the cryto space because not all speculators are good persons , not all speculations are good news  .

But thats normal and happen all the time . can you imagine in real life there were also haters and bashers when someone is on top but those haters and bashers are also the key reason on why someone can become succesfull .  

The same scenario can also happen on crypto in terms of speculations  .


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: cizatext on February 16, 2019, 10:19:14 AM
People are now getting use to bitcoin and it technology and at that the means which people where fraud through in past is now being block and at that people now can detect the activities of fraud on sporting it, the rate has decrease greatly and in time to come it will be free of fraud that is the essence of decentralization.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: talkbitcoin on February 16, 2019, 10:24:52 AM
I agree with this one. There are a lot of cryptocurrencies that surpasses Bitcoin when it comes to speed, usability, and anonymity. I heard that they mostly use doge coin and monero now because they can't trace. Although Bitcoin is pretty famous around, it wasn't really completely anonymous.

unfortunately you are misinformed. first of all there is no difference between coins such as Doge and bitcoin, they are similarly at the same level of anonymity or lack thereof. (monero is different).
secondly there are no other cryptocurrency that is surpassing bitcoin on all counts. there are some that are faster for instance but that higher speed is sacrificing at least a dozen other things and has introduced lots of weaknesses.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: veleten on February 16, 2019, 10:53:22 AM
bitcoin community dominated by criminals, or it has been dominated by criminals is a myth
this is nothing else but an attempt to smear cryptocurrency and a technology to tie bitcoin and crime in your brain
the reality is that bitcoin related crimes numbers pale in comparison to fiat :
https://ambcrypto.com/cash-still-preferred-over-bitcoin-btc-and-other-cryptocurrencies-by-criminals-says-fbi-official/
https://news.bitcoin.com/cryptocurrency-harder-launder-fiat-currency/
etc. etc. you can Google yourself if you want to see the figures, by the way


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: freebutcaged on February 16, 2019, 12:17:31 PM
Of course mate, it has been like this like forever, but you should know that even criminals are still using

Bitcoin, no doubt about that. what I don't get, is why are the speculators hurting the price, I mean the

Price is not what it should be, maybe government dumpers are doing this to dump the price just to buy

Back later? that I"m not so sure though.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: gabmen on February 16, 2019, 04:44:41 PM
People are now getting use to bitcoin and it technology and at that the means which people where fraud through in past is now being block and at that people now can detect the activities of fraud on sporting it, the rate has decrease greatly and in time to come it will be free of fraud that is the essence of decentralization.

Nah i doubt it. Even fiat with all it's security features that's been here for the longest time is still easy target for frauds and scams so crypto will always have that issue as well. Though i never thought that crypto was dominated by criminals in the first place. Big investors always are at the top of industries like this and speculations can be manipulated by legitimate events and news.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: muratsink on March 07, 2019, 10:55:45 PM
no, I think their response to the blockchain and bitcoin systems is very slow. so they chose the conventional transfer method between banks.

Yaya Fanusie from FDD explained that terrorist funding using Crypto always failed. criminal groups that use crypto only in small transactions.

but, some criminal actions chose to hack the system and create malware for a mining world.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: finaleshot2016 on March 07, 2019, 11:20:00 PM
This is true, the criminals who flooded the Bitcoin community have gotten tired and left as people have become very smart and extremely careful making it difficult to steal money now. We only have so many speculators currently on the Bitcoin community as people try to predict the price of Bitcoin or what will happen to Bitcoin every now and then failing to understand this is impossible.

This is the annoying part of the community, there are too much speculators that even a single prediction no one marked check. The speculators now are just moaning about the price value so they think it will comeback again, that's why i'm laughing at them. Most of it are just bounty hunters that is waiting for their payment, they didn't receive payment because of the low price value of the bitcoin while the real investors are keeping their mouth shut up and trying to solve the standard deviation of the bitcoin's pump date.

Also, criminals are hiding here, even in this platform you can be a criminal 'cause each of us have an username. Criminals would not be gone here, they're still using this method.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: sijonru on March 08, 2019, 03:22:32 AM
People are now getting use to bitcoin and it technology and at that the means which people where fraud through in past is now being block and at that people now can detect the activities of fraud on sporting it, the rate has decrease greatly and in time to come it will be free of fraud that is the essence of decentralization.
The owner of bitcoin is currently the majority of speculators, because they know that bitcoin is very volatile so to play speculation is very interesting, and the profits made are very large. The biggest record is certainly for bitcoin owners who hold large numbers before 2017 and sell it in December 2017. The profits are tremendous.
For criminals holding bitcoin may be able to disguise their ownership, but at the time of withdrawal their identities can be known and for them is very risky. So, in my opinion the most bitcoin owners are speculators.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: zee11225 on March 12, 2019, 05:57:01 AM
It is definitely true that the bitcoin community is now dominated with speculators rather than criminals/terrorists/drug dealers etc... The dark web used bitcoins for criminal activities but the time has changed now.
The rise of bitcoin's price was due to the criminal activities, drug dealers etc.. but over the time the bitcoin community has grown well and now there are more number of speculators who dominates bitcoin's price.

The opinion that bitcoin is used by criminals is the voice of bitcoin haters, who feel bitcoin has no benefit. They do not know that bitcoin has provided a lot of convenience for many people who are scattered in the world.
The owner of bitcoin is actually a person who knows the potential benefits of bitcoin ownership for the future, both from trade and investment. They invest a lot of money to increase their profits. In other words, they are speculators who are optimistic that bitcoin provides profits.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: arpon11 on March 12, 2019, 06:39:04 AM
Currently, the ratio of legal to illegal activity on the bitcoin network has completely changed trend as the former surpasses the former. This was stated by DEA Agent Lilita Infante at the U.S Drug Enforcement Administration.

Is the number of criminals on the bitcoin network has significantly reduced compared to early days?

https://coinpedia.org/news/bitcoin-network-speculators-not-criminals/
If the level of criminality has reduced it means bitcoin network is developing and a new pattern is been created.  Bitcoin is now a speculatives assets and not what many of us were calling it before as many people said it is a ponzi scheme.  Some said bitcoin is a scam but we are now having a different views on it now.  I strongly believe that in future bitcoin will be refer to as a valuable asset and people will treat it as we are treating gold now.  This technology is one of the Best Human discovered.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: teejayrichard2 on March 13, 2019, 02:20:29 PM
This is true, the number of criminals in the bitcoin community has greatly reduced as people are now more careful with vital information. Unlike before people now mind links they click and ICOs they participate in, making sure their vital information like private keys and recovery seeds are well stored in a very safe place. This security measures taken by people who own bitcoins has made it very difficult for criminals to steal funds thereby pulling out of crypto world. Now we have speculators as everyone is trying so hard to predict the price and future of bitcoin at every point in time. Though not too cool but far better than having criminals.


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: KingScorpio on March 13, 2019, 02:24:10 PM
the bitcoin community is diminishing, the nocoiners have all created their new altcoins, why support bitcoin?

https://i.imgur.com/AL7TgIR.jpg


Title: Re: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!!
Post by: Caladonian on March 13, 2019, 02:27:05 PM
Currently, the ratio of legal to illegal activity on the bitcoin network has completely changed trend as the former surpasses the former. This was stated by DEA Agent Lilita Infante at the U.S Drug Enforcement Administration.

Is the number of criminals on the bitcoin network has significantly reduced compared to early days?

https://coinpedia.org/news/bitcoin-network-speculators-not-criminals/
If the level of criminality has reduced it means bitcoin network is developing and a new pattern is been created.  Bitcoin is now a speculatives assets and not what many of us were calling it before as many people said it is a ponzi scheme.  Some said bitcoin is a scam but we are now having a different views on it now.  I strongly believe that in future bitcoin will be refer to as a valuable asset and people will treat it as we are treating gold now.  This technology is one of the Best Human discovered.
Time will come and that perceptions about bitcoin will be change to that mindsets, more individuals and businesses will change their minds for the best interest, the market will adopt whatever venue will bring them a potential possibilities, the trend already been change from criminalities to a good
investment assets, future will be more successful for people who invested with this industry.