Is bitcoin being used for illegal activities

[Xenophoto]

We do not have contract in bitcoin there is no information to trace all the transaction in bitcoin that is why bitcoin can be used in illegal activities and it is depending on the users.

Actually we can see all the transactions going on in the blockchain network. If you do know the bitcoin address of somebody, you can see all of his transactions history from the start. That's the beauty of digital transactions, everything can easily be traced if you know how to and to whom does those address belongs to. It's all about connecting all the available information. On the other hand, it's also easy to mask your identity online.

[Zadicar]

i heard many illegal activities used bitcoin in deepweeb
but i think it will rise bitcoin in the future
many ppl used it so many ppl will look for it

yeah I think it is true that the news that there are many users who use bitcoin for illegal activities, even gambling also is illegal, because the bitcoin system are anonymous, this makes the user more comfortable using bitcoin for illegal activities

The legality of gambling depends from country to country so its impossible to generalize, in the subject of drugs the laws of the countries a re a lot closer to each other so you could draw some generalized arguments but even that is changing.

correct,  its really depends  on  which  country  though  and we   must   not  generalize  all laws on  all countries  because they  really do  differ in many ways. In speaking of  drugs  its  very  illegal and  i didnt  heared   any country which  legalize drugs , Its  just an  insane  thing to do  or  implement/ consider.  Bitcoin  could always available to use  on  illegal activities  because  of  its anonymity  characteristics.

[Doamader]

We do not have contract in bitcoin there is no information to trace all the transaction in bitcoin that is why bitcoin can be used in illegal activities and it is depending on the users.

Actually we can see all the transactions going on in the blockchain network. If you do know the bitcoin address of somebody, you can see all of his transactions history from the start. That's the beauty of digital transactions, everything can easily be traced if you know how to and to whom does those address belongs to. It's all about connecting all the available information. On the other hand, it's also easy to mask your identity online.

We can trace anyone that works into dark marketplaces, but the thing is they can use a single adress for each transaction, in fact i do believe they work that way, otherwise they would be easy found, bitcoin its money soo it will be used for legal and ilegal stuffs, no way to prevent those.

[goinmerry]

We do not have contract in bitcoin there is no information to trace all the transaction in bitcoin that is why bitcoin can be used in illegal activities and it is depending on the users.

Actually we can see all the transactions going on in the blockchain network. If you do know the bitcoin address of somebody, you can see all of his transactions history from the start. That's the beauty of digital transactions, everything can easily be traced if you know how to and to whom does those address belongs to. It's all about connecting all the available information. On the other hand, it's also easy to mask your identity online.

We can trace anyone that works into dark marketplaces, but the thing is they can use a single adress for each transaction, in fact i do believe they work that way, otherwise they would be easy found, bitcoin its money soo it will be used for legal and ilegal stuffs, no way to prevent those.

I think they would be clever than that. They will make multi address to avoid being found easily and they might use different wallets also from different websites paying with a little amount to avoid being questioned or the need to give information.

[danherbias07]

We do not have contract in bitcoin there is no information to trace all the transaction in bitcoin that is why bitcoin can be used in illegal activities and it is depending on the users.

Actually we can see all the transactions going on in the blockchain network. If you do know the bitcoin address of somebody, you can see all of his transactions history from the start. That's the beauty of digital transactions, everything can easily be traced if you know how to and to whom does those address belongs to. It's all about connecting all the available information. On the other hand, it's also easy to mask your identity online.

We can trace anyone that works into dark marketplaces, but the thing is they can use a single adress for each transaction, in fact i do believe they work that way, otherwise they would be easy found, bitcoin its money soo it will be used for legal and ilegal stuffs, no way to prevent those.

I think they would be clever than that. They will make multi address to avoid being found easily and they might use different wallets also from different websites paying with a little amount to avoid being questioned or the need to give information.

Correct. They will erase all those tracks. They will use a internet cafe to not be traced. Mostly hackers do that and not use their own ip address.

[carlfebz2]

We do not have contract in bitcoin there is no information to trace all the transaction in bitcoin that is why bitcoin can be used in illegal activities and it is depending on the users.

Actually we can see all the transactions going on in the blockchain network. If you do know the bitcoin address of somebody, you can see all of his transactions history from the start. That's the beauty of digital transactions, everything can easily be traced if you know how to and to whom does those address belongs to. It's all about connecting all the available information. On the other hand, it's also easy to mask your identity online.

We can trace anyone that works into dark marketplaces, but the thing is they can use a single adress for each transaction, in fact i do believe they work that way, otherwise they would be easy found, bitcoin its money soo it will be used for legal and ilegal stuffs, no way to prevent those.

I think they would be clever than that. They will make multi address to avoid being found easily and they might use different wallets also from different websites paying with a little amount to avoid being questioned or the need to give information.

If you are  a  pro  scammer  and  a hacker you would  surely do things that  anyone couldnt able to  trace you  up, as you said  they could  able to use  multiple addresses  in able hard to  trace  or  use  coin  mixers ,with these things   you cannot   trace  them easily  thats   why   bitcoin  is  being  used on  illegal activities and  we  cant really stop that.

[LordCoder]

Yes it is indeed being used for illegal activities. The main reason? Provides no way to trace the person apparently. Yet, it is even easier to find some Bitcoin criminal than someone selling drugs and receiving notes.

[Harlot]

Yes it is indeed being used for illegal activities. The main reason? Provides no way to trace the person apparently. Yet, it is even easier to find some Bitcoin criminal than someone selling drugs and receiving notes.

How can they be easier to find? Heck criminals of Bitcoin are harder to find then real criminals, why? Because they do their felonies online, it is easy for them to create a new website in minutes claiming their company is real, with new emails they can create new Bitcoin addresses in which they can transfer what they stole and make it more untraceable.

[South Park]

We do not have contract in bitcoin there is no information to trace all the transaction in bitcoin that is why bitcoin can be used in illegal activities and it is depending on the users.

Actually we can see all the transactions going on in the blockchain network. If you do know the bitcoin address of somebody, you can see all of his transactions history from the start. That's the beauty of digital transactions, everything can easily be traced if you know how to and to whom does those address belongs to. It's all about connecting all the available information. On the other hand, it's also easy to mask your identity online.

We can trace anyone that works into dark marketplaces, but the thing is they can use a single adress for each transaction, in fact i do believe they work that way, otherwise they would be easy found, bitcoin its money soo it will be used for legal and ilegal stuffs, no way to prevent those.

Well, using a single address for each transaction should be common practice and not only practiced by such people besides they are probably also tumbling their coins and using the Tor network, different wallets, different places to access the Internet and even different computers.

[betohell]

Yes it is indeed being used for illegal activities. The main reason? Provides no way to trace the person apparently. Yet, it is even easier to find some Bitcoin criminal than someone selling drugs and receiving notes.

yeah people know that using bitcoin then people will not know the intent of your transaction, then it is very likely that bitcoin is used for illegal activities

[Doamader]

We do not have contract in bitcoin there is no information to trace all the transaction in bitcoin that is why bitcoin can be used in illegal activities and it is depending on the users.

Actually we can see all the transactions going on in the blockchain network. If you do know the bitcoin address of somebody, you can see all of his transactions history from the start. That's the beauty of digital transactions, everything can easily be traced if you know how to and to whom does those address belongs to. It's all about connecting all the available information. On the other hand, it's also easy to mask your identity online.

We can trace anyone that works into dark marketplaces, but the thing is they can use a single adress for each transaction, in fact i do believe they work that way, otherwise they would be easy found, bitcoin its money soo it will be used for legal and ilegal stuffs, no way to prevent those.

Well, using a single address for each transaction should be common practice and not only practiced by such people besides they are probably also tumbling their coins and using the Tor network, different wallets, different places to access the Internet and even different computers.

I do believe the most of you didnt read my post at all, i said they should use one single adress for each transaction. If they were to use just one single account it would be some exchange wallet, where they can get paid and send the coins to whatever they wanna.

[bitkilo]

We do not have contract in bitcoin there is no information to trace all the transaction in bitcoin that is why bitcoin can be used in illegal activities and it is depending on the users.

Actually we can see all the transactions going on in the blockchain network. If you do know the bitcoin address of somebody, you can see all of his transactions history from the start. That's the beauty of digital transactions, everything can easily be traced if you know how to and to whom does those address belongs to. It's all about connecting all the available information. On the other hand, it's also easy to mask your identity online.

We can trace anyone that works into dark marketplaces, but the thing is they can use a single adress for each transaction, in fact i do believe they work that way, otherwise they would be easy found, bitcoin its money soo it will be used for legal and ilegal stuffs, no way to prevent those.

I think they would be clever than that. They will make multi address to avoid being found easily and they might use different wallets also from different websites paying with a little amount to avoid being questioned or the need to give information.

You can use a many addresses as you want but if all you are doing is sending the coins from one wallet to another it won't be too hard to track you down. To be a little more confident that your transactions are not being traced you will have to send your coins through a bitcoin mixer.

[serjent05]

We do not have contract in bitcoin there is no information to trace all the transaction in bitcoin that is why bitcoin can be used in illegal activities and it is depending on the users.

Actually we can see all the transactions going on in the blockchain network. If you do know the bitcoin address of somebody, you can see all of his transactions history from the start. That's the beauty of digital transactions, everything can easily be traced if you know how to and to whom does those address belongs to. It's all about connecting all the available information. On the other hand, it's also easy to mask your identity online.

We can trace anyone that works into dark marketplaces, but the thing is they can use a single adress for each transaction, in fact i do believe they work that way, otherwise they would be easy found, bitcoin its money soo it will be used for legal and ilegal stuffs, no way to prevent those.

I think they would be clever than that. They will make multi address to avoid being found easily and they might use different wallets also from different websites paying with a little amount to avoid being questioned or the need to give information.

You can use a many addresses as you want but if all you are doing is sending the coins from one wallet to another it won't be too hard to track you down. To be a little more confident that your transactions are not being traced you will have to send your coins through a bitcoin mixer.

Yes bitcoin transaction is not that anonymous, addresses used and its transaction can be traced. So there are some services that enables you to make tracing the addresses use  more difficult thru mixer services.  But I read somewhere that this services advertisement are just exaggerated since it is not that difficult to trace even with those mixing procedures.  I wonder if that statement is true.

[Conus]

i heard many illegal activities used bitcoin in deepweeb
but i think it will rise bitcoin in the future
many ppl used it so many ppl will look for it

yeah I think it is true that the news that there are many users who use bitcoin for illegal activities, even gambling also is illegal, because the bitcoin system are anonymous, this makes the user more comfortable using bitcoin for illegal activities

The legality of gambling depends from country to country so its impossible to generalize, in the subject of drugs the laws of the countries a re a lot closer to each other so you could draw some generalized arguments but even that is changing.

The issue I think people have with gambling is that the governments everywhere must get their cut.  If they do not, then they decide to make it illegal.  Just like alcohol and marijuana in the USA.  It is illegal because the government could not get their cut at first. 

[madwica]

i heard many illegal activities used bitcoin in deepweeb
but i think it will rise bitcoin in the future
many ppl used it so many ppl will look for it

yeah I think it is true that the news that there are many users who use bitcoin for illegal activities, even gambling also is illegal, because the bitcoin system are anonymous, this makes the user more comfortable using bitcoin for illegal activities

The legality of gambling depends from country to country so its impossible to generalize, in the subject of drugs the laws of the countries a re a lot closer to each other so you could draw some generalized arguments but even that is changing.

The issue I think people have with gambling is that the governments everywhere must get their cut.  If they do not, then they decide to make it illegal.  Just like alcohol and marijuana in the USA.  It is illegal because the government could not get their cut at first. 

Gambling is not illegal this is give entertainment to those people who have lots of money they do not ever know where they put their money that is why they do gambling. Bitcoin is can be used in illegal but this is depend on the users.

[mirakal]

i heard many illegal activities used bitcoin in deepweeb
but i think it will rise bitcoin in the future
many ppl used it so many ppl will look for it

yeah I think it is true that the news that there are many users who use bitcoin for illegal activities, even gambling also is illegal, because the bitcoin system are anonymous, this makes the user more comfortable using bitcoin for illegal activities

The legality of gambling depends from country to country so its impossible to generalize, in the subject of drugs the laws of the countries a re a lot closer to each other so you could draw some generalized arguments but even that is changing.

The issue I think people have with gambling is that the governments everywhere must get their cut.  If they do not, then they decide to make it illegal.  Just like alcohol and marijuana in the USA.  It is illegal because the government could not get their cut at first. 

It's not an issue for us here living in the crypto world as bitcoin is anonymous and they cannot control it. It's the only pleasure we have here that we can use our bitcoin at any activity we want, may it be illegal or not. Time will come maybe but the govern will be having a hard time to tax bitcoin.

[Mr.grin]

[quote author=betohell link=topic=1355048.msg16788098#msg1678aafter watching deepweb, I felt that from the first bitcoin is always used for illegal activities, although currently bitcoin has been used for legal purposes. but I think it is very reasonable, because the transaction very quickly from bitcoin and anonymous transactions, making it supports illegal transactions8098 date=1478387870]

i heard many illegal activities used bitcoin in deepweeb
but i think it will rise bitcoin in the future
many ppl used it so many ppl will look for it

yeah I think it is true that the news that there are many users who use bitcoin for illegal activities, even gambling also is illegal, because the bitcoin system are anonymous, this makes the user more comfortable using bitcoin for illegal activities

The legality of gambling depends from country to country so its impossible to generalize, in the subject of drugs the laws of the countries a re a lot closer to each other so you could draw some generalized arguments but even that is changing.

The issue I think people have with gambling is that the governments everywhere must get their cut.  If they do not, then they decide to make it illegal.  Just like alcohol and marijuana in the USA.  It is illegal because the government could not get their cut at first. 

Gambling is not illegal this is give entertainment to those people who have lots of money they do not ever know where they put their money that is why they do gambling. Bitcoin is can be used in illegal but this is depend on the users.
[/quote]
after watching deepweb, I felt that from the first bitcoin is always used for illegal activities, although currently bitcoin has been used for legal purposes. but I think it is very reasonable, because the transaction very quickly from bitcoin and anonymous transactions, making it supports illegal transactions

[n0ne]

Yes it is indeed being used for illegal activities. The main reason? Provides no way to trace the person apparently. Yet, it is even easier to find some Bitcoin criminal than someone selling drugs and receiving notes.

Agreed, through bitcoin illegal activities can be done without revealing the identity as mentioned by the above mate. Also through darknet places one can get services that were not available for fiat or any other currency.

[BeetcoinScummer]

I see more and more acrticles of bitcoin being used for illegal activities

Hmmm ... I never noticed this, but now that you mentioned it, I think you may be on to something.

will this hurt bitcoin in the long run

Quite possibly. I think that you should play it safe and just sell all your bitcoins. Like all the chicken shits say: "Better safe than sorry!"

will governments ban this just like they started to do with paying in cash for some services
to harden the use of illegal , and money laundering

I think they should. It would be your duty to support any proposed legislation that attempts to ban Bitcoin. After all Bitcoin is evil!  

[clickerz]

Yes it is indeed being used for illegal activities. The main reason? Provides no way to trace the person apparently. Yet, it is even easier to find some Bitcoin criminal than someone selling drugs and receiving notes.

yeah people know that using bitcoin then people will not know the intent of your transaction, then it is very likely that bitcoin is used for illegal activities

Yeah, but on a side note...If bitcoin is banned or illegal in your country, any transaction you will do will be illegal as long as it involves bitcoin right? Eventhough your aim or purpose is legal or lawful.