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Author Topic: Is bitcoin being used for illegal activities  (Read 139719 times)
chineseprancing
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June 29, 2016, 06:02:28 AM
 #901

Yes i think bitcoin is used at illegal things too. Like buying drugs , Guns ,or illegal things on the black market. Bitcoin can be used at good things too like donating to a charity anonymously
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June 29, 2016, 07:02:45 AM
 #902

In the first place there are questions of illegal transactions, tax evasion, money laundering, proceeds of crime. In fact, using the means of payment without necessarily identifying the members of the operation, these operations easier to perform. Also on hand to criminals irreversibility of committed transactions and block any transaction, even if we know exactly what this purse belongs to the criminal.
Legislative ban on transactions with cryptocurrency help here, too, can not, unfortunately. Law-abiding citizens and work permit with cryptocurrency will not break the law.
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June 29, 2016, 07:38:08 AM
 #903

off course is bitcoin being used for illegal activities the only most reason why they are using it is becasue you will stay anonymous after you
pay with bitcoins you know and criminals want to be anonymous so they are happy to pay with bitcoins think most of the users are doing illegal things.
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June 29, 2016, 09:18:35 AM
 #904

I am not sure about this but I think that it is being used for illegal activities but I do not pay any attention to that because I am here for my self.
That people are here for illegal stuff that is there problem and they should decide what to do.


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June 29, 2016, 01:45:38 PM
 #905

I am not sure about this but I think that it is being used for illegal activities but I do not pay any attention to that because I am here for my self.
That people are here for illegal stuff that is there problem and they should decide what to do.

What you are thinking is true,  BITCOIN is being used for illegal  activities.  Ever since, it was used as payment for drugs, smuggled guns, money laundering, pornography, even child pornography.  The feature of BITCOIN greatly attracts those groups that are operating underworld.  It's fast trasaction that don't need mediators, and the anonymity of it were exploited by this so called group.

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June 30, 2016, 07:43:16 AM
 #906

bitcoin was used for illegal stuff and it will always be used for that i think
yeah there will always be. but this illegal activity occurs for all currencies as well. not on bitcoin only each country must have the mafia. and they are certainly doing illegal transactions so no need to look at currency bitcoin as criminals because all currencies have definitely bad side
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June 30, 2016, 07:49:18 AM
 #907

I am not sure about this but I think that it is being used for illegal activities but I do not pay any attention to that because I am here for my self.
That people are here for illegal stuff that is there problem and they should decide what to do.

This is a reasonable thing, so don't ever count on this. because of all the currency in circulation in the world also has the same problem, so here we can only do it for yourself. If it concerns you then you have to solve the problem, but I think if we never perform illegal transactions then it is not a problem
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June 30, 2016, 02:12:02 PM
 #908

I am not sure about this but I think that it is being used for illegal activities but I do not pay any attention to that because I am here for my self.
That people are here for illegal stuff that is there problem and they should decide what to do.
bitcoin has facilities to conduct transactions in secret to enjoy it you do not need to purchase the facility. The facility is free you know. yeah users decide and take responsibility for what they do because bitcoin decentralization. so the onus is on each user
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June 30, 2016, 04:30:28 PM
 #909

Truly bitcoin is used in illegal activities. Recently came through a website which provides service of killing people. The websites gets payment only in terms of bitcoin.
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June 30, 2016, 06:11:53 PM
 #910

It better not be, that would be illegal.
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June 30, 2016, 06:16:15 PM
 #911

The plot thickens. Dollars are also used for illegal activities!  Shocked

Guess it's time to use holy water as a currency.  Huh

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
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June 30, 2016, 06:19:39 PM
 #912

Truly bitcoin is used in illegal activities. Recently came through a website which provides service of killing people. The websites gets payment only in terms of bitcoin.

The same way that should exist a similar service working with cash, I don't understand why this question keeps being coming and going.
Bitcoin is money, digital money with the possibility of being anonymous, the same way money is being used to good things it can and its used for bad things why with bitcoin would be different?
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June 30, 2016, 06:24:34 PM
 #913

Before its my first time to heard bitcoin that bitcoin is use for illegal activities like buying guns without license and buying drugs using bitcoins before thats why i have no plan to use bitcoin because looks like its scam or it may risk my life..



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June 30, 2016, 08:19:11 PM
 #914

Before its my first time to heard bitcoin that bitcoin is use for illegal activities like buying guns without license and buying drugs using bitcoins before thats why i have no plan to use bitcoin because looks like its scam or it may risk my life..
What lol, why would you be at risk because someone somewhere buys drugs with bitcoin? I think you need to re-read the white paper by Satoshi Nakamoto.
https://bitcoin.org/bitcoin.pdf

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June 30, 2016, 09:00:54 PM
 #915

Truly bitcoin is used in illegal activities. Recently came through a website which provides service of killing people. The websites gets payment only in terms of bitcoin.
Lol fiat could also buy weapons? so I think a stop to taunt bitcoin. bitcoin is also a currency? bitcoin only method to pay? if you want to blame. blame the users themselves
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June 30, 2016, 09:36:16 PM
 #916

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

well i think from the day that bitcoin was created people started to use bitcoins for illegal things as it have very large privacy, so nobody can track who paid or such, that's why

but i think that fiat money is used for same things too, so that is not a huge problem of bitcoins even if it easier to do that with bitcoins  i think, so that's ot a problem

 
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July 01, 2016, 04:36:06 AM
 #917

Bitcoin is used for illegal activities but so are many other currencies, I do not see how this could effect the Bitcoin price.

Precisely, any currency can be used in illegal activities. It is already known that bitcoin is used in underground market and yet here we are. The price is soaring high and the community is growing steadily.  It can be used in good or illegal ways, but it is just a currency. The fault is in the user not in bitcoin.
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July 01, 2016, 04:41:44 AM
 #918

Bitcoin is used for illegal activities but so are many other currencies, I do not see how this could effect the Bitcoin price.

Precisely, any currency can be used in illegal activities. It is already known that bitcoin is used in underground market and yet here we are. The price is soaring high and the community is growing steadily.  It can be used in good or illegal ways, but it is just a currency. The fault is in the user not in bitcoin.



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Re: Is bitcoin being used for illegal activities
May 24, 2016, 11:32:05 AM
Reply with quote  #664
Quote from: bitcoin110011 on February 06, 2016, 12:11:09 PM
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

I guess it depends on who uses bitcoin. I personally use bitcoin only for positive activities, and only some people using bitcoin for illegal activities. And the government will not remove bitcoin, Because  bitcoin is decentralized.
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July 01, 2016, 07:43:35 AM
 #919

Before its my first time to heard bitcoin that bitcoin is use for illegal activities like buying guns without license and buying drugs using bitcoins before thats why i have no plan to use bitcoin because looks like its scam or it may risk my life..
Your life wont be at risk if you use bitcoin. its just a currency just like fiat. the users are the ones who decide what they want to do or what they want to buy with their coins. but its true that bitcoin is used to buy illegal things by some people.

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July 01, 2016, 08:54:31 AM
 #920

In fact, many believe that it is due to crime, we are obliged to the increased cost in the early years of Bitcoin. As criminals have found a Bitcoin as the anonymous (of course, now we know that he psevdoanonimen) coin to pay for a variety of illegal or prohibited goods. What is it then, criminals have become massively buying Bitcoin and use it.
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