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Author Topic: Is bitcoin being used for illegal activities  (Read 139719 times)
harizen
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July 05, 2016, 12:24:10 PM
 #981

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

Bitcoin is money. Every illegal activites that associated in money can also be done in bitcoin.

And no, I see it won't hurt bitcoin in the long run because after all good news about bitcoin still dominates over those bad.

Just deal with it because it's usual.
Off course are criminals using bitcoins and that is not strange because there are allot of people who know that bitcoins cant be traced so the criminals knowing that also. So they are
using the bitcoin to buy all kind of illegal things what ever you can think about.

That post of mine was way back several months ago. There are lots of other up to date post you can reply on.

Your account was just posting once or twice every activity period. Make sure also to make an effort on posting.

Sorry for off topic.

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July 05, 2016, 12:42:36 PM
 #982

Bitcoins are used for illegal activities for sure there are to many people who think that the bitcoin is very save but there are so many criminals using the bitcoin and the main reason why
they are using the bitcoin is only that they cant be traced when they are paying trough the bitcoin.

But still we can see the bitcoin is used for illegal activities in a very minimum amount, a large number of crimes are done in all other currencies, as bitcoin is a currency which is only understood-able by educated people and educated people do not like crimes.
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July 05, 2016, 12:51:03 PM
 #983

Bitcoins are used for illegal activities for sure there are to many people who think that the bitcoin is very save but there are so many criminals using the bitcoin and the main reason why
they are using the bitcoin is only that they cant be traced when they are paying trough the bitcoin.

But still we can see the bitcoin is used for illegal activities in a very minimum amount, a large number of crimes are done in all other currencies, as bitcoin is a currency which is only understood-able by educated people and educated people do not like crimes.

the problem is that our media and government do not spread the news of the benefits of bitcoin and the ways of its earning, and they only spread the news that bitcoin is an easy currency for the criminals and they started to use it, so with that other criminals also try to learn about this currency to use it for their crimes, if the govt try to each the people to earn money with that then there will no any person jobless and so there will be no any crime.
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July 05, 2016, 03:02:05 PM
 #984

yes may be so just like other local currencies.
I think every currency throughout the country are also used as illegal. all currencies are no exception trimmings may not be as complete as bitcoin for use as illegal. But every coin has it. I do not really care too that bitcoin users also use it? ?
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July 05, 2016, 03:12:12 PM
 #985

Bitcoin is used for both legal and illegal activities.
you are most definitely right, in my opinion there is no way to avoid bitcoin being used for illegal activities because it is just like all the money and i think it is impossible to avoid that

 
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July 05, 2016, 03:17:27 PM
 #986

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
Yeah to be honest I do think that it is being used by some illegal activities but I do not pay any attention to that sort of stuff.
I am here to make some money and not to be a police officer, so if those people want to take part of any criminal activities that is on there behave. 


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July 05, 2016, 03:55:34 PM
 #987

Are dollars used for illegal activities?
i think not only dollar but all other currencies either these are local currencies or crypto currencies, they may be used for both good and bad activities. i think they need is to stop the ill legal activities with out arguing that for what kind of activities the currencies are use for.

All currencies can be used for illegal activities but cryto-currencies support more illegal activities that the identity of a person doing illegal activity is not disclosed.
i think that thats correct and all the cryptos might be used for bad stuff and i think that it is better to use bitcoins only for the legal stuff, i hope that there wont be any more illegal crimes

 
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July 05, 2016, 05:27:15 PM
 #988

i think that thats correct and all the cryptos might be used for bad stuff and i think that it is better to use bitcoins only for the legal stuff, i hope that there wont be any more illegal crimes

That will not happen. Cryptocurrency especially bitcoin has a dollar value so it's 100% money. And because that is money it's common it will be used in any kind of activity.

Also transactions done in bitcoin are different in fiat transactions so advantages in using both of this are being used.

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July 05, 2016, 06:30:26 PM
 #989

yeah just like other people stated in the comments. People will always use Any kind of money to do those  illegal activities.
Btc is not an exception just like cash. So yeah i  think it has no difference whether its btc or cash
We all know that bitcoins used for illegal activities are mostly exaggerated. The issue sounds like Bitcoins committed crimes.

Bitcoins are the form of currency and the criminals can use whatever currency to conduct their crimes. Bitcoin is widely used and it's no surprise for the criminals to use it. They will have to use some money whether it's bitcoins or paper money.
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July 05, 2016, 06:40:32 PM
 #990

yeah just like other people stated in the comments. People will always use Any kind of money to do those  illegal activities.
Btc is not an exception just like cash. So yeah i  think it has no difference whether its btc or cash
We all know that bitcoins used for illegal activities are mostly exaggerated. The issue sounds like Bitcoins committed crimes.

Bitcoins are the form of currency and the criminals can use whatever currency to conduct their crimes. Bitcoin is widely used and it's no surprise for the criminals to use it. They will have to use some money whether it's bitcoins or paper money.
Yeah They choose bitcoin because if you use bitcoin online you have a freedome you are free and you are far in any taxes and no running government..
Many people wants freedome they want to do anything they want.. but these years i think here in my country they are restricted bitcoin they are adding some security and asking for real identity.. so that they can prevent scam or crimes from online to our country..
So i think bitcoin will be legal here but very restricted..
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July 05, 2016, 07:21:57 PM
 #991

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 .
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July 06, 2016, 01:50:32 AM
 #992

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.

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July 06, 2016, 02:40:33 AM
 #993

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.

Indeed not everything is illegal on the darkweb but for the most part of course it is but we cannot blame them...
Like people already said every currency is used by criminals and we cannot stop this.
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July 06, 2016, 07:54:09 AM
 #994

I totally agree that bitcoin use in illegal activity since bitcoin is anonymous and hard detect is easy for them to use it to illegal, many good things to used bitcoin more than illegal activity same as currency they also used it for illegal.
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July 06, 2016, 08:07:03 AM
 #995

I totally agree that bitcoin use in illegal activity since bitcoin is anonymous and hard detect is easy for them to use it to illegal, many good things to used bitcoin more than illegal activity same as currency they also used it for illegal.

Bitcoin is NOT anonymous (http://www.bitcoinisnotanonymous.com/).

Bitcoin is NOT anonymous: http://www.bitcoinisnotanonymous.com
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July 06, 2016, 08:13:08 AM
 #996

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.

Indeed not everything is illegal on the darkweb but for the most part of course it is but we cannot blame them...
Like people already said every currency is used by criminals and we cannot stop this.
Right. We can not stop illegal money's movement. But can have control on them. Always on each task there are two ways opened to complete. One would be completing the task going on the right direction and the other one wise-versa. You can complete a  task much quicker if you money place a vital role there. If not you have wait to see the result. The money can be used for illegal purposes. This depends on each one.
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July 06, 2016, 08:13:42 AM
 #997

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  Smiley

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asriloni
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July 06, 2016, 08:16:02 AM
 #998

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.
how dare you just simply trust any content on the deepweb and saying its true,if you really ever get into deepweb,there's indeed many actual and true content,but not every content is true,there's also exist bunch of fake content and shitty content,logically every side of internet have its negative and positive side

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langedwig
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July 06, 2016, 08:16:15 AM
 #999

I totally agree that bitcoin use in illegal activity since bitcoin is anonymous and hard detect is easy for them to use it to illegal, many good things to used bitcoin more than illegal activity same as currency they also used it for illegal.
When we get only benefits out of BTC where there is no investment is needed, why this should be used for illegal purposes. When some one supports you why should we be against him. Lets start from us to do good things.
PemburuReceh
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July 06, 2016, 09:24:09 AM
 #1000

Of course it is,  just like all other forms of money are
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