fullypak
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Activity: 1456
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July 06, 2016, 09:46:16 AM |
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Any currencies can be used for good and other things , even bitcoin is online digital currency same applies to bitcoin also, it depends on the person where and how use , if they use it for good ,results will be good Yup, I agree on this, In any currencies, can be used for illegal things. Yes, many people keep their black money In dollar because the price is always high and it is very stable. Like that Bitcoin also used. Yes, it depends on how the people will use this Bitcoin. And what purpose people are using Bitcoin. Now a lot of people are using it for Gambling, So where gambling is illegal there all Bitcoin is using for an unlawful purpose.
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hermanhs09
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July 06, 2016, 02:13:31 PM |
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Its been said a few times now already and i still see people posting that bitcoin is "too" illegal but all types of currencies are currently being used for illegal activities, WAY more than bitcoin currently is, but i understand why bitcoin is being used because it doesnt hold bound to 1 type of currency. Easy exchange to anything you like and you know exactly what your getting... thats why its a cryptocurrency.
I dont get you point drazah,you mean usd is used for illegal activities? lol it is obvious that criminals in America wont use euro to pay for drugs.btc is fairly used for illegal activies because it is anonymous and very safe plus the system of bitcoin actually supports scammers and criminals.
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lixer
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July 06, 2016, 07:59:06 PM |
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Any currencies can be used for good and other things , even bitcoin is online digital currency same applies to bitcoin also, it depends on the person where and how use , if they use it for good ,results will be good Yup, I agree on this, In any currencies, can be used for illegal things. Yes, many people keep their black money In dollar because the price is always high and it is very stable. Like that Bitcoin also used. Yes, it depends on how the people will use this Bitcoin. And what purpose people are using Bitcoin. Now a lot of people are using it for Gambling, So where gambling is illegal there all Bitcoin is using for an unlawful purpose. It's really nothing of a new story seeing bitcoins used for illegal trades or used in crimes. As far back as I can remember with bitcoins, it was largely used in online black markets as a currency.
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drazah
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July 06, 2016, 08:09:39 PM |
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Its been said a few times now already and i still see people posting that bitcoin is "too" illegal but all types of currencies are currently being used for illegal activities, WAY more than bitcoin currently is, but i understand why bitcoin is being used because it doesnt hold bound to 1 type of currency. Easy exchange to anything you like and you know exactly what your getting... thats why its a cryptocurrency.
I dont get you point drazah,you mean usd is used for illegal activities? lol it is obvious that criminals in America wont use euro to pay for drugs.btc is fairly used for illegal activies because it is anonymous and very safe plus the system of bitcoin actually supports scammers and criminals. How is it obvious that criminals in America wont use euros to pay for drugs? All types of money are used for "illegal things" is my point, but that topic with Bitcoin typically blows up a lot more (As you can see from this thread) much more so than fiat money which has been going on forever.
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Doamader
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July 06, 2016, 09:28:22 PM |
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One thing i had learned on the hard way were, scammers will always make a way to scam you, some projects from scammers use paypal, to make they looks like legit, with bitcoin is for them a new tool to take our money without mercy and no worries at all. How many of us here had invested atleast once at hyip?
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Altcoinsupporter
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July 06, 2016, 10:03:41 PM |
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Bitcoin is used for criminals activities, PayPal is used by criminals, I honestly do not care about this at all. There will always be such people that are using a currency.
We cannot do anything about it and I think that its also why we have to ignore it..
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Sharma
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GATCOIN : The New Currency Of Digital Marketing
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July 08, 2016, 08:04:01 AM |
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Bitcoin is used for criminals activities, PayPal is used by criminals, I honestly do not care about this at all. There will always be such people that are using a currency.
We cannot do anything about it and I think that its also why we have to ignore it..
Its true, no matter what criminals can find a way to use anything for illegal purposes. Careful not to ignore it like its not worth acknowledging, by being aware we can heighten our own security against criminals. Im sure many brush aside the fact that they could be potential targets for these people, and dont take the precautions in securing their accounts with 2FA or email confirmation.
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ardentvolcanoes
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July 08, 2016, 08:09:17 AM |
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Lol I guess bitcoin is already been used for illegal activities long time ago since the bitcoin spreaded to some countries and become a first decentralized peer-to-peer payment method it is most used on the darkweb's blackmarket like what i've saw before when didn't anything about bitcoin yet . And maybe it is used for illegal activities even when outside deepweb/darkweb maybe on the normal web also .
yeah, but not all the content in deepweb/darkweb is illegal, you can do some research for your homework or thesis the content in deepweb is very true not like here in normal web the other are fake. yeah but i think the darkweb is on the another cathegory , i guess all content on the darkweb are illegal as we can understand it is called the Dark-Web . i agree that you can do some research but it is on the deepweb because all of the secret things are inside of that i guess all content on the deeweb are true and not just a hoax .
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dothebeats
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Cashback 15%
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July 08, 2016, 08:17:37 AM |
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Not even surprised by it. Fiat money has been used for many crimes and illegal activities far longer than bitcoin. Because of bitcoin's pseudo-anonymous nature, fraudsters and criminals use it to carry out their plans and extort some money out of people. Or, it can be used on illegal drug trades on the dark web. Bitcoin can potentially be used for every sales and trade, so it's not surprising if it's used on such activities.
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Sharma
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GATCOIN : The New Currency Of Digital Marketing
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July 08, 2016, 08:46:03 AM |
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Not even surprised by it. Fiat money has been used for many crimes and illegal activities far longer than bitcoin. Because of bitcoin's pseudo-anonymous nature, fraudsters and criminals use it to carry out their plans and extort some money out of people. Or, it can be used on illegal drug trades on the dark web. Bitcoin can potentially be used for every sales and trade, so it's not surprising if it's used on such activities.
Because of bitcoins anonymity, it enables itself to be used for the potential for much criminal activity. If you cant trace a crime to the criminal then the criminals won because it would be impossible to know whom is to bear the consequences and justice for whatever crime committed.
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marcuslong
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July 08, 2016, 10:07:28 AM |
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I see more and more acrticles of bitcoin being used for illegal activities will this hurt bitcoin in the long run , will governments ban this just like they started to do wih paying in cash for some services to harden the use of illegal , and money laundering
Yes, bitcoin is being used for so many illegal activities that is why here in our country sooner or later, transaction using bitcoins will be monitored or will be governed by law. Actually I have seen an article regarding the use of bitcoins in illegal activities specially in sportbetting. Because the players can sabotage the game just to win a lot of money in bitcoins. Not only in sportsbetting but also by transacting to buy Illegal drugs which is strictly prohibited.
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camelson
Copper Member
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July 08, 2016, 10:11:38 AM |
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Not even surprised by it. Fiat money has been used for many crimes and illegal activities far longer than bitcoin. Because of bitcoin's pseudo-anonymous nature, fraudsters and criminals use it to carry out their plans and extort some money out of people. Or, it can be used on illegal drug trades on the dark web. Bitcoin can potentially be used for every sales and trade, so it's not surprising if it's used on such activities.
Fiat money and bitcoin are two other things, fiat money can be located and the criminal can be arrested. because these are centralized and traceable. but in case of bitcoin its decentralized and can not be traceable because it has anonymous.
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ObscureBean
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July 08, 2016, 10:23:56 AM |
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I think it's not going to be too long before Bitcoin gets regulated worldwide. I imagine that soon all exchanges will require that users verify their identities before they're able to trade. Coinbase and Bitstamp already have verification procedures in place but most of the smaller ones still allow people to use their services anonymously. The EU has already started down that road: http://www.coindesk.com/european-union-proposes-tighter-bitcoin-controls-panama-papers-response/
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renem
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July 08, 2016, 10:26:23 AM |
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Anything of value can be use to trade for goods or services that is illegal. Bitcoins is not the problem, it's the criminals who use itbut as stated before "the number of criminals that use bitcoin is so low that it is not even comparable to the number of criminals using fiat.It probably is being used for illegal activity.But you know fiat money is also getting used for illegal activity.
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hermanhs09
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July 08, 2016, 10:38:25 AM |
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Anything of value can be use to trade for goods or services that is illegal. Bitcoins is not the problem, it's the criminals who use itbut as stated before "the number of criminals that use bitcoin is so low that it is not even comparable to the number of criminals using fiat.It probably is being used for illegal activity.But you know fiat money is also getting used for illegal activity.
I dont think so actually. I think the % of usage of bitcoin to an illegal activities is really high,because it provides anonymousness. And we have a lot of dark market etc.i think you are not right,btw fiat money have to be used for illegal activities,its obvious lol
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joinal
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July 08, 2016, 10:53:58 AM |
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Lol I guess bitcoin is already been used for illegal activities long time ago since the bitcoin spreaded to some countries and become a first decentralized peer-to-peer payment method it is most used on the darkweb's blackmarket like what i've saw before when didn't anything about bitcoin yet . And maybe it is used for illegal activities even when outside deepweb/darkweb maybe on the normal web also .
yeah, but not all the content in deepweb/darkweb is illegal, you can do some research for your homework or thesis the content in deepweb is very true not like here in normal web the other are fake. of course with the anonymous of bitcoin facilities will certainly help those who want to trade illegally, yeah who knows it? because transactions are illegal we don't know by when bitcoin used as illegal transact perhaps even now, even many who use it? we don't know what the purpose of each transactions right? bitcoin is perfect for this
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hermanhs09
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July 09, 2016, 02:42:41 PM |
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Lol I guess bitcoin is already been used for illegal activities long time ago since the bitcoin spreaded to some countries and become a first decentralized peer-to-peer payment method it is most used on the darkweb's blackmarket like what i've saw before when didn't anything about bitcoin yet . And maybe it is used for illegal activities even when outside deepweb/darkweb maybe on the normal web also .
yeah, but not all the content in deepweb/darkweb is illegal, you can do some research for your homework or thesis the content in deepweb is very true not like here in normal web the other are fake. of course with the anonymous of bitcoin facilities will certainly help those who want to trade illegally, yeah who knows it? because transactions are illegal we don't know by when bitcoin used as illegal transact perhaps even now, even many who use it? we don't know what the purpose of each transactions right? bitcoin is perfect for this yeah,i also think that because of the nature of bitcoin,it is fairly easy to use as anonymous for illegal activities,i know many people who actually do that,and they earn insanely good money.
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BicolIsarog
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July 16, 2016, 12:54:01 AM |
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Lol I guess bitcoin is already been used for illegal activities long time ago since the bitcoin spreaded to some countries and become a first decentralized peer-to-peer payment method it is most used on the darkweb's blackmarket like what i've saw before when didn't anything about bitcoin yet . And maybe it is used for illegal activities even when outside deepweb/darkweb maybe on the normal web also .
yeah, but not all the content in deepweb/darkweb is illegal, you can do some research for your homework or thesis the content in deepweb is very true not like here in normal web the other are fake. of course with the anonymous of bitcoin facilities will certainly help those who want to trade illegally, yeah who knows it? because transactions are illegal we don't know by when bitcoin used as illegal transact perhaps even now, even many who use it? we don't know what the purpose of each transactions right? bitcoin is perfect for this yeah,i also think that because of the nature of bitcoin,it is fairly easy to use as anonymous for illegal activities,i know many people who actually do that,and they earn insanely good money. Bitcoin is designed to be a huge step forward in making money more secure and could also act as a significant protection against many forms of financial crime. For instance, bitcoins are completely impossible to counterfeit.
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mafgwaf@gmail.com
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July 16, 2016, 02:59:29 AM |
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Yes bitcoin is used on illegal activities and im not surprise by it. Bitcoin is used cause bitcoin transaction can be anonymously sent, No proof will be get if a conflict happen. It is often use on darknet/deepweb/blackmarket.But bitcoi can use in good things too. By donating on a charity anonymously too
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