Bitcoin Forum

 Lets just feed all of your anti terrorism american shit:
http://bitforum.info/t/millions-worth-of-bitcoins-might-be-utilized-by-isis/204

Thats the link you will all like. BTC & ISIS. What about that.

Didnt see many comments about the Middle East situation recently so lets make a thread about them using BTC to legitimate it in this forum XD

Comment!

Old news, this has already been posted, more press for bitcoin even if bad one.

Isis is just a puppet of the U.S. government.

The USA has done nothing but instal puppet governments and terrorist groups around the world to fight their wars for them and give them an excuse to invade certain countries.

ISIS uses exponentially more fiat cash than bitcoins.

It has already been proven, beyond a doubt, that terrorists are using Monero.

Well, thats been always a case. But no, we always have people complaining about bitcoin that way.

maybe, if they see some members of the ISIS eating twinkies, they will be threads for that too :P , and a ban to follow.

There’s a grain of truth in this story. It’s certainly true that terrorists—like those affiliated with Islamic State—are looking at crypto-currencies as a means to move money without spies and law enforcement agencies tracking them.

The concept that bitcoin could be used to help fund terrorists has been a long-standing concern among law enforcement and government agencies worldwide. Indeed, many restrictions placed on the use of digital currencies stem from these concerns.

Bitcoin makes it difficult for anti-terrorist financing authorities to stop transactions from taking place. Services such as DarkWallet were specifically cited as methods for making bitcoin payments between terrorists even more untraceable.

Terrorist funders may find bitcoin and other digital currencies attractive owing to the broad supervision and monitoring of the global financial system. Specifically, in the post-9/11 world, many governments actively watch for suspicious money movements.

By using bitcoin, ISIS and other organizations could circumvent legal barriers that keep money away from terrorists. The digital currency’s borderless transaction capabilities and avoidance of major money conduits make it a logical fit for terrorists – and a likely target for law enforcement officials concerned about this exact application.

Bitcoin presents tax evasion benefits as well.

I always thought bad publicity is Publicity as well.
So shouldn't be worried from any such news,

yeah mate ..Any publicity is good publicity. :)

Love this. Great thinking.

they use Bitcoin? Great news for the law enforcement!

In what world? People barely even use Monero to play dice games.

Terrorists clearly need to play dice games too!

I heard ISIS take aspirin when they have a headache. Also use Microsoft programs and maybe Nike shoes.

Damn lets all boycott and ban everything.

FFS that is retarded.

I'm getting so sick of these noO0Bs and their ISIS/BTC threads.

"Yo.. i heard ISIS be drinking water yo! what should we do??? "

I think those newbies are just spamming this forum with the domain of "bitforum.info"

Forum administration should nuke those spammer newbies...

It sucks because it scares newbs away. As a newb years ago i was scared of bitcoin due the silk road crime news stuff.

Ask : ISIS use bitcoin
Answer : USA use drone with paper money printer to kill people
Answer : Europe sell armory to fighter in isreal

OK ...  ::)
media mass is very ... pathetic.

Mass media lives off flashy headlines, cant blame them.

It really doesnt surprise me, butcoin is an easy way to send money to people without it being easily traceable to a person/s

true mate.. at least they have figured out the positives pretty well..

So, let's quickly find their address and start digging.

Aren't they just called IS lately? I think world war III is around the corner, sick world! IS using bitcoin is new news for me, even if others say it's old i never heard of it before..

We should be happy, bitcoin is freedom so everybody have the right to use it, right? The more people use it the better, and ISIS claims to be a country, so...  ;D

^^^ They take over citys and parts of country's so far the size of the UK in the middle east and that includes the multiple banks and business's within, so the comment above stands they own truck loads of money! They have not brought into bitcoin as an organization yet because if they did the price would be stupidly high!

The dark web stuff that article talks about are common scammers getting bitcoin from the gullible/crazys who think they are contributing to it, the fact is they do not need a penny raised they have enough and will continue to have enough the more they take.

They need stopping. 

ISIS does NOT need Bitcoins man .. they got OIL.  Lots and lots of oil ..

These illiterate towelheads will never be able to operate a wallet.

Yes, IS people are using BTC to watch porn!

It is hilarious ppl are more concerned what currency isil uses than what weapons they use and who sell them.

Maybe too much emphasis is being put on using BTC for remittances and there should be more efforts to educate terrorists about BTC. You never read about BTC conferences in Baghdad or Mogadishu.   :-[

Im agree with you, bitcoin is just another coin for ISIS, and if it has a value they will use it.

ISIS are too dumb to use Bitcoin. lol

ISIS uses Euro and US dollars, too. Only thing this could do is be used in one of those ignorant "btc helps terrorists" arguments meanwhile banks launder drug money freely.

BTC is simply a medium, it's not evil or good by itself. I'm also sure BTC are also used by Intelligence agencies to transfer money needed to fund & operate some clandestine ops abroad since you may swiftly transfer funds without too much publicity.

Oh yeah like Amirikkkans can operate a wallet haha


Oh don't forget they have Mossad-CIA-MI5 as backing also. ISIS is just another extension of CIA - remember how Dumb old US of A wanted to bomb another country (I think it was Syria although its hard to keep track of Empire's Scezophrnia), well they got denied so ooops here's ISIS

In the Old tradition of "towel heads" - DEATH TO AMERIKA!!!!

AFAIK most bitcoin business are happening in America..

AFAIK most ISIS funding comes from America too ;)

Why will ISIS use Bitcoin? If ISIS is going to look for a new sources of Money.. I think darkcoin or any anonymous coin will be better.

You all seem to be missing a very important point... no matter what cryptocurrency is or is not being used, or which one is better to use, invariably they are only worth using if they can be cashed-out (or cashed-in) without being subject to monitoring/control.

Digital currency value is based upon the value of a given fiat currency (the reverse is not true).  So, if subversive agents are trying to move money from one country to another by way of a digital currency, they are stuck with the problem of how to move physical fiat currency between both countries.  

For example, let's assume a drug dealer moves his drugs from Mexico to the United States, and then collects his fiat currency in the states, for it to be of any value to him he must then get that fiat currency back into Mexico.  It would be easier for the drug dealer to smuggle the fiat currency back into Mexico then it would be to convert that fiat currency into Bitcoin (or whatever), because in order to get it into Bitcoin, the drug dealer must expose himself to either MSBs or Banks, and both of these are government controlled in that they must report such activity.  But lets assume the drug dealer has a considerable network of people that can travel throughout a given state (or states) and in small amounts deposit said money and convert to Bitcoin, you then have the problem of who in Mexico is going to cash out that Bitcoin back to fiat currency in MXN?  Remember, whatever company in Mexico that is capable of cashing BTC to MXN is going to have to report said transaction(s), and they themselves will need to have the banking wherewithal to exchange those BTC (which means they must sell them, which means an external/third party digital exchange with banking capabilities must be used) so they can get their fiat cash back (both principal and whatever profit percentage they made on the BTC to USD transaction).  This requires wire transfers, and wire transfers are subject to each government's rule.

The example drug dealer moving fiat currency from the US to MX (USD to BTC to MXN) is the simpler of examples, because border MSBs and Banks can use truck transports to move fiat currency across the border, though all of it must be reported just the same.  But when you have two countries that are separated by water, then things become much more difficult, because sizable amounts of fiat currency is bulky and heavy and if not reported is subject to confiscation (why are you moving physical fiat instead of using the banking system to wire the money?).  So the only effective way to move fiat currency is by way of the bank system (wire transfers), and so you are back to square one, in that it simply does not matter what cryptocurrency you use because at the end of the day it is only worth something if it can be exercised in fiat form.  

Although smaller amounts of fiat currency is much easier to move between countries from one bank to another using wire transfers, in the case of ISIS or any terrorist or subversive group or drug dealer or those wishing to move lots of money without detection, Bitcoin simply is not a viable route to take... it is much safer to take fiat currency in one country like the US, purchase a large amount of commodity, and then have that commodity shipped to another country, where it is sold and at which time one can cash out.  Although this route also has its perils, it is still far easier then the Bitcoin route.

I just got the confirmation, they use dogecoin.

Let's make a piggycoin. Then we're sure they won't use that one.

What confirmation?

Such moon Much doge confirmed.

What confirmation are you actually saying that relates DOGE with being used by ISIS

ISIS would be better off using drk coin , rather than using bitcoin, for anonymity.
Doge coin is the last coin they would use :P Would be hard to dump millions in that amount.

lol

Why do they want to use BTC?

There are other coins out there with more annonymity features. The best thing is to leave them to use whatever they think, might be the most annonymous option, and then to trace the money to it's roots.

Where is this world going to, when you have to cut off people's heads and burn them in cages to make a religious statement?

The hate in humans for each other are so intense, that they justify these actions as being "correct"

Actually DRK can be attacked by attacking the nodes.
They cant attack Monero in any possible way AFAIK.

Ring signatures can't be attacked as far as i've understood from reading the whitepapers.

Doge is too cute to ever be used by filthy terrorists.

Looks like we have a coin they would not use then as there is already a 'porkcoin' trading on bittrex and a new piggy coin trading on poloniex  ;D

For the people that took the doge coin confirmation seriously above me you made me laugh ahaha

they use bitcoin to buy weapons on black market?  ???

My bum uses more Bitcoin than ISIS. ffs

lol... it is not easy for ISIS to convert BTC to weapons or other stuff. The Bitcoin scene is not much developed in Turkey, from where most of their weapons are coming through.

yeah mate ..Any publicity is good publicity  ;D

You guys seems surprised that at this day and age someone is using cryptocurrencies. So what if it's ISIS, terrorists or normal people? It is inevitable, bitcoin it is just a standard tool like normal fiats are. Nothing new, nothing surprising. Just reality.

I don't know even if they use bitcoin then where the problem is?
Bitcoin can be used by anyone and everyone.