Bitcoin Forum
May 10, 2024, 12:35:14 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 [29] 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 ... 122 »
  Print  
Author Topic: Is bitcoin being used for illegal activities  (Read 139719 times)
XXX-DR
Newbie
*
Offline Offline

Activity: 21
Merit: 0


View Profile
March 31, 2016, 03:29:24 AM
 #561

It's a transfer of value. Of cours it is used for illegal activities.
Not that its negative, it may be positive, because it brings a lot more of users and activity. Then again, it creates a bad image, so I am not totally sure..
1715344514
Hero Member
*
Offline Offline

Posts: 1715344514

View Profile Personal Message (Offline)

Ignore
1715344514
Reply with quote  #2

1715344514
Report to moderator
1715344514
Hero Member
*
Offline Offline

Posts: 1715344514

View Profile Personal Message (Offline)

Ignore
1715344514
Reply with quote  #2

1715344514
Report to moderator
1715344514
Hero Member
*
Offline Offline

Posts: 1715344514

View Profile Personal Message (Offline)

Ignore
1715344514
Reply with quote  #2

1715344514
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715344514
Hero Member
*
Offline Offline

Posts: 1715344514

View Profile Personal Message (Offline)

Ignore
1715344514
Reply with quote  #2

1715344514
Report to moderator
owm123
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250


View Profile
March 31, 2016, 06:11:02 AM
 #562

I didn't realize this was still being talked about. You've got to be joking though because money is money. Wherever financial gain is possible, illegal activity will follow. It's as simple as I can explain it. Why even attempt trying to find out when you could just think of the US dollar being used for money laundering.
Bitcoin is entirely different with any other fiat it is anonymous therefore more prone to be used by criminals in illegal activities.That said there's no reason to give bitcoin a bad name just because of its anonymous nature

Bitcoin is not anonymous (http://www.bitcoinisnotanonymous.com/), it is pseudo-anonymous. Because many ppl think so, it leads press to write all this bs about bitcoin. Whats more, many bitcoiners spread incorrect information about bitcoin beeing anonymous, fulling the debate and use of bitcoin for illegal things.

Bitcoin is NOT anonymous: http://www.bitcoinisnotanonymous.com
Adrorecia
Sr. Member
****
Offline Offline

Activity: 275
Merit: 250


View Profile
March 31, 2016, 09:43:53 AM
 #563

Yeah people are surely making use of Bitcoin for some illegal activities. They make use of the fact that you can make use of Bitcoin with out being traced. Unless bitcoin ask more personal information people are going to keep doing this.
jkrules
Full Member
***
Offline Offline

Activity: 210
Merit: 100



View Profile
March 31, 2016, 09:45:23 AM
 #564

It's a transfer of value. Of cours it is used for illegal activities.
Not that its negative, it may be positive, because it brings a lot more of users and activity. Then again, it creates a bad image, so I am not totally sure..

Each and every day a huge transaction is taking place through bitcoin for illegal activities.
These doesn't mean bitcoin support it, but the technology gives a way that's it.
hawkins
Hero Member
*****
Offline Offline

Activity: 1204
Merit: 500



View Profile
March 31, 2016, 10:03:19 AM
 #565

It's a transfer of value. Of cours it is used for illegal activities.
Not that its negative, it may be positive, because it brings a lot more of users and activity. Then again, it creates a bad image, so I am not totally sure..

Each and every day a huge transaction is taking place through bitcoin for illegal activities.
These doesn't mean bitcoin support it, but the technology gives a way that's it.
Well, bitcoin transactions are very difficult to trace, so very many people who take advantage of this moment to perform illegal transactions which can not even be on track
Ardenyham
Legendary
*
Offline Offline

Activity: 980
Merit: 1000

Don't Hesitate to Tip me for My Helps and Guides.


View Profile
March 31, 2016, 10:20:21 AM
 #566

Like any other currency? Of course. Criminals use any currency in the world from USD to AUD etc... every place in which there is a currency it's being used for local criminal activities, Bitcoin is a global currency and of course some criminals would be using it.
BitHodler
Legendary
*
Offline Offline

Activity: 1526
Merit: 1179


View Profile
March 31, 2016, 10:33:28 AM
 #567

Criminals use everything with value to finance their illegal activities. Bitcoin is only one of the many value tools that they can use.

So, yes. Bitcoin is being used for criminal activities.

BSV is not the real Bcash. Bcash is the real Bcash.
osevad
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
March 31, 2016, 10:57:54 AM
 #568

Criminals use everything with value to finance their illegal activities. Bitcoin is only one of the many value tools that they can use.

So, yes. Bitcoin is being used for criminal activities.

many bad people or criminals use fiat and the other currencies often to make the illegal activities before the Bitcoin's create. So we can't accuse the bitcoin's currency to being used for illegal purposes.
haileysantos95
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile
March 31, 2016, 11:07:49 AM
 #569

Criminals use everything with value to finance their illegal activities. Bitcoin is only one of the many value tools that they can use.

So, yes. Bitcoin is being used for criminal activities.

many bad people or criminals use fiat and the other currencies often to make the illegal activities before the Bitcoin's create. So we can't accuse the bitcoin's currency to being used for illegal purposes.


That is true,but in bitcoin its more easy for criminals to get profit from doing their transaction without being caught on the street.
blackmachinegun
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile
March 31, 2016, 11:09:08 AM
 #570

Criminals use everything with value to finance their illegal activities. Bitcoin is only one of the many value tools that they can use.

So, yes. Bitcoin is being used for criminal activities.
Agree to you I think criminals are using various means to deceive law enforcement. although with bitcoin is very safe but I'm sure they do not just use bitcoin for their illegal activities
especially of course there are those who do not know what is bitcoin. so they also had to use a fiat for illegal activities
draceus
Sr. Member
****
Offline Offline

Activity: 245
Merit: 250


View Profile
March 31, 2016, 11:26:44 AM
 #571

Criminals use everything with value to finance their illegal activities. Bitcoin is only one of the many value tools that they can use.

So, yes. Bitcoin is being used for criminal activities.
Agree to you I think criminals are using various means to deceive law enforcement. although with bitcoin is very safe but I'm sure they do not just use bitcoin for their illegal activities
especially of course there are those who do not know what is bitcoin. so they also had to use a fiat for illegal activities

you are the correct bitcoin is the best way for criminal do transaction, If they are sending any one money in bitcoin no one can find out who are sending and who are receiving money and where are sending, It is the being online technology transaction.     

romero121
Legendary
*
Offline Offline

Activity: 3164
Merit: 1213


View Profile
March 31, 2016, 01:28:22 PM
 #572

Criminals use everything with value to finance their illegal activities. Bitcoin is only one of the many value tools that they can use.

So, yes. Bitcoin is being used for criminal activities.
Agree to you I think criminals are using various means to deceive law enforcement. although with bitcoin is very safe but I'm sure they do not just use bitcoin for their illegal activities
especially of course there are those who do not know what is bitcoin. so they also had to use a fiat for illegal activities

Various forms of transactions were made by criminals. At present with the ease of transaction bitcoin is getting popularized among them. So as a part bitcoin is also used in illegal transactions.
Mr. Big
Member
Global Moderator
Legendary
*
Offline Offline

Activity: 2310
Merit: 1176

While my guitar gently weeps!!!


View Profile
April 01, 2016, 05:15:22 AM
 #573



Various forms of transactions were made by criminals. At present with the ease of transaction uᴉoɔʇᴉq is getting popularized among them. So as a part uᴉoɔʇᴉq is also used in illegal transactions.

Yeah, mainly for transferring funds without being noticed by the authorities.. But I think if they are about to pay some illegal goods that they bought, fiat would still be the best and hand to hand, not thru fund transfer...
Kartikay
Full Member
***
Offline Offline

Activity: 210
Merit: 100


View Profile
April 01, 2016, 07:41:14 AM
 #574

Government can ban bitcoins with all such lame excuses. In fact in many countries they are banned. Paper money is also used for many type illegitimate activities but gov will not /can not ban it because it is controlling it. The actual reason behind ban of bitcoin is government can not control it.
HarryKPeters
Hero Member
*****
Offline Offline

Activity: 896
Merit: 1000


Live Stars - Adult Streaming Platform


View Profile
April 01, 2016, 07:57:29 AM
 #575

Yes of course the bitcoin itself is used for criminals activities but in fact this is not a big problem because indeed every currency is used by criminals and they will not stop doing this in the future.
I think it will always happen even in 50 years it will still be the same, they will use it.

NewInCryptoCurrency
Sr. Member
****
Offline Offline

Activity: 326
Merit: 250


View Profile
April 01, 2016, 09:13:34 AM
 #576

There are a lot of people that is using Bitcoin for illegal activities, and it is not that bad because you always know that there will be also bad people in Bitcoin.
They use Bitcoin as a payment method because it works very easily and fast and you can know what the person has bought with Bitcoin and that is good for the criminals.
vannaria
Member
**
Offline Offline

Activity: 71
Merit: 10


View Profile
April 01, 2016, 09:18:14 AM
 #577

There are a lot of people that is using uᴉoɔʇᴉq for illegal activities, and it is not that bad because you always know that there will be also bad people in uᴉoɔʇᴉq.
They use uᴉoɔʇᴉq as a payment method because it works very easily and fast and you can know what the person has bought with uᴉoɔʇᴉq and that is good for the criminals.

I think that cash is more and more and more used than btc in illegal txs also other forms of payment (like offering sex) is more used ....
jethrorn99
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
April 01, 2016, 09:31:31 AM
 #578

Yes of course the uᴉoɔʇᴉq itself is used for criminals activities but in fact this is not a big problem because indeed every currency is used by criminals and they will not stop doing this in the future.
I think it will always happen even in 50 years it will still be the same, they will use it.
Any currency will always be used for illegal activities, no matter how. There's no way that bitcoin or other currency will be clean from being used in illegal transaction.
rizkyhiw
Legendary
*
Offline Offline

Activity: 1484
Merit: 1004



View Profile
April 01, 2016, 10:00:32 AM
 #579

I see more and more acrticles of uᴉoɔʇᴉq being used for illegal activities
will this hurt uᴉoɔʇᴉq 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 of course bitcoin used for illegal activity,we often heard some news that bad guy like terorrist use bitcoin,i dont know its true or just fake news,but i think something like that will impade bitcoin popularity and developing bitcoin will come slow,because many people will think that bitcoin is illegal payment.
ajun96
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500



View Profile
April 01, 2016, 11:11:11 AM
 #580

Well sure bitcoin may support and keep being traded on the dark markets ,the same way as fiat,and well with bitcoin is possible maybe to make the money clean just by opening some exchange or other bitcoin related project.
yeah bitcoin has the advantage of data confidentiality and anonymous. even you do not need an email.
no personal data for using bitcoin. This course is very helpful for illegal activities right ?
such as money laundering and so on?
how to cope with this?
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 [29] 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 ... 122 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!