lakisis
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November 06, 2016, 08:53:08 PM |
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Just like dollar or any other currency is used for good as well as illegal activities, Bitcoin is also used for good and also illegal activities.It cant be avoided.The interesting thing is bankers and governments who hate Bitcoins try to create a picture that Bitcoin is only or mostly used for illegal activities.But its not fully true.
yes that is a fact that majority of good people are using bitcoin, although there will be so many people who may be using bitcoin for illegal activities, as people use Dollar and Euro for such kind of activities. you are right that majority of good people are using bitcoin and we can be use any currency fiat or crypto currency for legal and illegal activity so depend on negative and positive mind if you are positive then you will us e it for good activity.
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Superzpay
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November 06, 2016, 11:21:16 PM |
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Just like dollar or any other currency is used for good as well as illegal activities, Bitcoin is also used for good and also illegal activities.It cant be avoided.The interesting thing is bankers and governments who hate Bitcoins try to create a picture that Bitcoin is only or mostly used for illegal activities.But its not fully true.
yes that is a fact that majority of good people are using bitcoin, although there will be so many people who may be using bitcoin for illegal activities, as people use Dollar and Euro for such kind of activities. you are right that majority of good people are using bitcoin and we can be use any currency fiat or crypto currency for legal and illegal activity so depend on negative and positive mind if you are positive then you will us e it for good activity. You have a genius opinion that it depends on our mind if we are good by our mind then we will use bitcoin for better and if someone will have bad mind then he will use bitcoin or any other currency only for his crimes.
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croutonhexagon
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November 07, 2016, 02:08:38 AM |
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Yes obviously criminal are using bitcoin more then real money transaction because it's anonymous and keeps their private information hidden. That make their mind to use bitcoin for illegal transaction. This had to be solved because if bitcoin is used for illegal activities then government could ban it earlier then they are supposed to be banned.
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rajasumi2
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November 07, 2016, 03:35:30 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
well yess bitcoin is being used for illegal drug trading and money laundering .but if u could use thm to pay out your school fees .well its the best u can do .or gift ur mom a present because its ur eaned bitcoins .she will be the happiest in the world .u can use it for other stuffs also ..kudoos
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tabas
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November 07, 2016, 05:51:27 AM |
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Yes obviously criminal are using bitcoin more then real money transaction because it's anonymous and keeps their private information hidden. That make their mind to use bitcoin for illegal transaction. This had to be solved because if bitcoin is used for illegal activities then government could ban it earlier then they are supposed to be banned.
And it is in favor of them because there is no need for their real identity to be included for each illegal transactions that they are going through. I don't think that is fair enough that the government will ban bitcoin because of being abused and used by the criminals. How about dollars and other local currencies for they are also used for illegal transactions.
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mirakal
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Leading Crypto Sports Betting & Casino Platform
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November 07, 2016, 07:28:33 AM |
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Yes obviously criminal are using bitcoin more then real money transaction because it's anonymous and keeps their private information hidden. That make their mind to use bitcoin for illegal transaction. This had to be solved because if bitcoin is used for illegal activities then government could ban it earlier then they are supposed to be banned.
And it is in favor of them because there is no need for their real identity to be included for each illegal transactions that they are going through. I don't think that is fair enough that the government will ban bitcoin because of being abused and used by the criminals. How about dollars and other local currencies for they are also used for illegal transactions. Definitely, that is why bitcoin is so popular now in illegal activities because we can transact without a limit, and with bitcoin we cannot be trace if we are transacting in illegal activities as we are living in an anonymous world. Even in this forum, we do not know personally and this gives us a complete freedom and privacy.
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zombie007
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November 07, 2016, 07:40:42 AM |
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Just like dollar or any other currency is used for good as well as illegal activities, Bitcoin is also used for good and also illegal activities.It cant be avoided.The interesting thing is bankers and governments who hate Bitcoins try to create a picture that Bitcoin is only or mostly used for illegal activities.But its not fully true.
yes that is a fact that majority of good people are using bitcoin, although there will be so many people who may be using bitcoin for illegal activities, as people use Dollar and Euro for such kind of activities. you are right that majority of good people are using bitcoin and we can be use any currency fiat or crypto currency for legal and illegal activity so depend on negative and positive mind if you are positive then you will us e it for good activity. You have a genius opinion that it depends on our mind if we are good by our mind then we will use bitcoin for better and if someone will have bad mind then he will use bitcoin or any other currency only for his crimes. yes different kind of people have different thoughts and world in different way, as bitcoin is used for different activities, and there must be other people who may be using it for bad aims and purposes, just like other currencies which are used by the people in different ways.
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bit100bit
Newbie
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November 07, 2016, 09:18:30 AM |
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Yes,every fiat or crypto currency is. Just search for alpha bay
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1Referee
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Activity: 2170
Merit: 1427
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November 07, 2016, 09:29:28 AM |
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If the government forces your exchange to release all your information and logs, then the exchange will kindly cooperate and supply the government with everything they need.
That is the exact reason as to why I always mix the coins that I withdraw from any exchange. I even mix the coins that I withdraw from BTC-E even though I am not verified with my private data there. I do everything to avoid the government from potentially getting any information about me and my holdings. Governments asking the exchanges for data about certain people may seem to be a very extreme measure, but I don't take any risks. I will do everything to keep my coins outside the reach of the government and its ridiculous tax structure. They already tax people so heavily, so why should we allow them to gain more from us? I always say; Better safe than sorry.
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dunfida
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Merit: 1137
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November 07, 2016, 09:48:02 AM |
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If the government forces your exchange to release all your information and logs, then the exchange will kindly cooperate and supply the government with everything they need.
That is the exact reason as to why I always mix the coins that I withdraw from any exchange. I even mix the coins that I withdraw from BTC-E even though I am not verified with my private data there. I do everything to avoid the government from potentially getting any information about me and my holdings. Governments asking the exchanges for data about certain people may seem to be a very extreme measure, but I don't take any risks. I will do everything to keep my coins outside the reach of the government and its ridiculous tax structure. They already tax people so heavily, so why should we allow them to gain more from us? I always say; Better safe than sorry. A very good precautionary measure of yours there pal. Im doing the same thing too even though i dont posses too much bitcoin but i do have a habit on mixing my bitcoin in able to avoid problems regarding on privacy because these mixing thigns would surely help you out not to be traced easily especially to those who hold huge volumes of bitcoin, as we all know government might made a step regarding with this taxations. Who knows.
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marleybobthedog
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November 07, 2016, 10:48:14 AM |
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Yes obviously bitcoin is used for illegal activities. N my opinion bitcoin is widely used for illegal activities then bank system because it's pseudonymous and makes the transaction anonymous and also it's less transaction fees welcomes criminal to use bitcoin over banking system.
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btvGainer
Legendary
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Activity: 854
Merit: 1000
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November 07, 2016, 11:21:47 AM |
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Yes obviously criminal are using bitcoin more then real money transaction because it's anonymous and keeps their private information hidden. That make their mind to use bitcoin for illegal transaction. This had to be solved because if bitcoin is used for illegal activities then government could ban it earlier then they are supposed to be banned.
Has Government banned carrying firearms though tare used in almost all crimes ?Why do Governments issue licence to keep them?Instead of banning bitcoin,Government can regulate it
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mega_carnation
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November 07, 2016, 11:22:54 AM |
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People in deep web are the ones who are using bitcoin for their illegal purposes.
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puremage111
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November 07, 2016, 12:37:46 PM |
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ICO SCAMS Perhaps we can see mostly of the ico couldnt produce thing and because of bitcoin, they can hide themselves
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Positid
Sr. Member
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Activity: 378
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BULL RUN until 2030
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November 07, 2016, 01:04:53 PM |
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ICO SCAMS Perhaps we can see mostly of the ico couldnt produce thing and because of bitcoin, they can hide themselves Well, that is the reality in investment. There is no assurance as we are like gambling, if it will guarantee a profit then we will be all rich now. I guess you just need to be clever enough especially when putting money, they are not making an illegal activities but there are only unsuccessful projects.
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wuvdoll
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Activity: 1442
Merit: 1025
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November 07, 2016, 06:15:39 PM |
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Gambling is illegal in our country but I can gamble using bitcoin, so I am using bitcoin for illegal activity specifically gambling. Big question,
Who will arrest me then?
Unless you are living in some kind of police state then gambling with bitcoin is not bound to bring a lot of attention to you, besides online gambling is in a little bit of a gray area and when you add bitcoin to the mix things become even murkier. The problem here is, okay suppose gambling is illegal in his country but the thing is that he should be aware about it and follow it. The sites will not distinguish that who is from which country, they can also use proxy if they want. So, it is people doing illegal things not sites nor bitcoins. Human will use any technology for his benefits both in legal and illegal, that must be the history human race.
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whizter
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November 07, 2016, 06:32:22 PM |
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People in deep web are the ones who are using bitcoin for their illegal purposes.
yes in fact the world is a combination of good and bad people, so bitcoin can be use for both good and bad activities also. just like other currencies which are also use for good as well as for bad purposes also.
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Bitcoinsummoner
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November 07, 2016, 06:44:36 PM |
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ICO SCAMS Perhaps we can see mostly of the ico couldnt produce thing and because of bitcoin, they can hide themselves Well, that is the reality in investment. There is no assurance as we are like gambling, if it will guarantee a profit then we will be all rich now. I guess you just need to be clever enough especially when putting money, they are not making an illegal activities but there are only unsuccessful projects. Well yeah agree honestly i don't want to invest on ICO for safety i choose the top 20 altcoin in coinmarket cap that i think it is more safe than choose to invest in ICO that we don't know what will happen in few days.
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PancherBitCoin
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November 07, 2016, 09:40:59 PM |
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That's what bitcoin used in illegal activities and criminals are trying to get their profits from crime using bitcoin may be difficult to turn around for the most bitcoin. Although as they say, money is not to blame for the fact that the goods are criminal, but nevertheless it already casts a shadow.
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Maskedman
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November 07, 2016, 10:06:18 PM |
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Yes they are, and that's probably what makes a portion of its value. That's good that such people use Bitcoin. At least they make the value climb.
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