How police think about Bitcoin enthusiasts ?

[CasioK]

I hope you guys are aware that the police force of every country has a Cyber Crime department where they deal with all the crimes done through the Internet or digitally and I am sure they very well know what Bitcoin is. Now I would think they only go after the big scammers and don't bother with the petty Bitcoin thieves that are trying to scam $15 for their next Xbox game over the forums 

You are very right here, but not only small but bigger scams also happen with bitcoins I think. Yes still they have too many cases to handle and such issues of 10-15$ scams are just a time waste for them. They would like to catch a hacker than a scammer.

[Yakamoto]

I think police thinks of BTC guys are mean hackers. Basement still lives with the parents smart.

Eh, I wouldn't say that's what they think. Most people just think Bitcoin is some other system that is far more complex than just a bunch of "hackers" in their basements, but they might not always think of it in a good light.

The police are probably fine with people owning Bitcoin, as long as they aren't doing anything illegal with them.

[MWesterweele]

There are many things can happened.Maybe police can look at the bitcoin enthusiast as drug users seller or buyer or even a terrorist.Because bitcon is always being connected to terrorist and illegal things online,cause drug lords and terrorist sometimes use bitcoin as mode of payment on buying drugs and heavy weapons

[Mvaporis1961]

For me police think about us as a Deep web user. They think that we are using our bitcoin to sell and buy some illegal stuffs like drugs and firearms but they didn't know that we bitcoin enthusiasts using it right and making money from it. I think the only thing that making us an illegal user is those people who using it on deep web.

[bittrojan]

When it comes to a crime, what would the police think about a guy trading with bitcoins frequently in large volumes ?(hundreds of BTCs)

I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?

do you think police will getting hard to arrest people with bitcoin crime?because bitcoin not listed on their regulated and not legal on goverment?i dont think so,police will arrest people with every crime,include related with bitcoin,and police have special regulation for extra ordinary crime.

[bitbunnny]

When it comes to a crime, what would the police think about a guy trading with bitcoins frequently in large volumes ?(hundreds of BTCs)

I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?

In what country? Tradingw Bitcoin is not a crime, even not in large amounts but if it's connected with money laundering then is a problem. And trading large amounts maybe couldw risew some suspicion of it but you have to have some evidence. Andw I don't think that police all over the world thinks that Bitcoin people and enthusiasts are criminals.

[eternalgloom]

When it comes to a crime, what would the police think about a guy trading with bitcoins frequently in large volumes ?(hundreds of BTCs)

I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?

In what country? Tradingw Bitcoin is not a crime, even not in large amounts but if it's connected with money laundering then is a problem. And trading large amounts maybe couldw risew some suspicion of it but you have to have some evidence. Andw I don't think that police all over the world thinks that Bitcoin people and enthusiasts are criminals.

Indeed, this all depends on which country we're talking about, in some it may well be illegal to use Bitcoin itself. But in most western countries, they will only investigate if there is sufficient reason to believe you may be involved in criminal activities.

[hasiramasenju]

in my country using bitcoin aren't breaking the law as long it is not used for illegal activities such as buying drugs or something else and if police found some bitcoin users has used bitcoin for criminal acts they will only arrest for those who abusing bitcoin and not all bitcoin users in my country

[avikz]

Police think that we are criminals because we are earning free money out of nothing.

They are actually to dumb to understand the positive features of bitcoin and take everything as a crime which they fail to understand.

Police force is basically employed by the country and they will do whatever the country says. 

[romero121]

Most countries police were not aware of this growing technology. Only the higher officials have been notified with it when because of illegal activities done in the large scale.

[Carlsen]

I recently talked to an (older) policeman. He has heard the word bitcoin, but did not know anything about it.
Probably the way most policemen in my country would react. Bitcoin here is just not established yet.

[Hirose UK]

When it comes to a crime, what would the police think about a guy trading with bitcoins frequently in large volumes ?(hundreds of BTCs)

I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?

Due to the recent days usage of bitcoins for fiat transaction by large number of users into the illegal activities,
Police looks the users of bitcoin as a culprit or a suspect who had did something wrong.

even so, police still need proof to judge if those who have bitcoin earn their bitcoin or use it in illegal activities.

[Wendigo]

If someone is trading huge amounts of Bitcoins on a daily basis that will certainly raise some red flags for the police and they will probably put the traders under surveillance so as to determine the source of the funds and if the money was obtained legally in the jurisdiction the suspects are in but I don't think this would automatically make any high-profile Bitcoin enthusiast a criminal. Actually there are special police departments that investigate cyber crime and digital heists and fraudsters so they are probably very well aware of the current criminal cases on the Bitcoin scene. The lower-level policemen wouldn't understand how Bitcoin works and they shouldn't be investigating things they don't know anything about because that is just preposterous 

[bitlancr]

I think police thinks of BTC guys are mean hackers. Basement still lives with the parents smart.

I do not think that they are thinking like this, I even know someone that is a cop and using the bitcoin.
I honestly think they are not thinking very bad about it.

[maku]

Lets be honest here:

1. Society knowledge about cryptocurrencies and bitcoin in general is really poor. Most people heard the word 'BITCOIN' but that's it.

2. People are usually only repeating information they heard on Tv - and we all know what kind of info mass media are spouting about bitcoin usually.

3. Most people lack basic knowledge about monetary system and economics, they take FIAT + Bank hegemony is ideal and the best system.

[BellaBitBit]

If someone is trading huge amounts of Bitcoins on a daily basis that will certainly raise some red flags for the police and they will probably put the traders under surveillance so as to determine the source of the funds and if the money was obtained legally in the jurisdiction the suspects are in but I don't think this would automatically make any high-profile Bitcoin enthusiast a criminal. Actually there are special police departments that investigate cyber crime and digital heists and fraudsters so they are probably very well aware of the current criminal cases on the Bitcoin scene. The lower-level policemen wouldn't understand how Bitcoin works and they shouldn't be investigating things they don't know anything about because that is just preposterous 

I agree with everything said here. 

You can bet that if you are trading large amounts of BTC daily that someone knows.  If you file and pay appropriate taxes it should not be a problem and it makes your trading legitimate.

[glerant]

When it comes to a crime, what would the police think about a guy trading with bitcoins frequently in large volumes ?(hundreds of BTCs)

I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?

Depends what country you live in and how much time the Cops have on their hands.

[BitHodler]

If someone is trading huge amounts of Bitcoins on a daily basis that will certainly raise some red flags for the police and they will probably put the traders under surveillance so as to determine the source of the funds and if the money was obtained legally in the jurisdiction the suspects are in but I don't think this would automatically make any high-profile Bitcoin enthusiast a criminal. Actually there are special police departments that investigate cyber crime and digital heists and fraudsters so they are probably very well aware of the current criminal cases on the Bitcoin scene. The lower-level policemen wouldn't understand how Bitcoin works and they shouldn't be investigating things they don't know anything about because that is just preposterous 

I agree with everything said here. 

You can bet that if you are trading large amounts of BTC daily that someone knows.  If you file and pay appropriate taxes it should not be a problem and it makes your trading legitimate.

It also depends on which exchange you are using to do your trading at.

BTC-E for example doesn't force you to verify yourself in order to use their exchange.

It means that there is no personal information that the exchange has about you beside your IP address.

But then again, that exchange has been operating like it does for years. They won't work together with governments to hand them over your IP address and your trading history.

[Gwapo]

Police dont know what is the true usage of bitcoin, except some intelligent ones.
Majority of them think that Bitcoin is the medium of exchange for drugs and other illegal activities.

The basic knowledge of Bitcoin needs to be taught to them.

[redviper]

If someone is trading huge amounts of Bitcoins on a daily basis that will certainly raise some red flags for the police and they will probably put the traders under surveillance so as to determine the source of the funds and if the money was obtained legally in the jurisdiction the suspects are in but I don't think this would automatically make any high-profile Bitcoin enthusiast a criminal. Actually there are special police departments that investigate cyber crime and digital heists and fraudsters so they are probably very well aware of the current criminal cases on the Bitcoin scene. The lower-level policemen wouldn't understand how Bitcoin works and they shouldn't be investigating things they don't know anything about because that is just preposterous 

I agree with everything said here. 

You can bet that if you are trading large amounts of BTC daily that someone knows.  If you file and pay appropriate taxes it should not be a problem and it makes your trading legitimate.

It also depends on which exchange you are using to do your trading at.

BTC-E for example doesn't force you to verify yourself in order to use their exchange.

It means that there is no personal information that the exchange has about you beside your IP address.

But then again, that exchange has been operating like it does for years. They won't work together with governments to hand them over your IP address and your trading history.

I thought btc-e required identification and proof of address for wire transfers. Are they not actively enforcing that rule?