Illegal things to buy!!

[Viyamore]

There is no way to detect a illegal transaction.I doubt even in future this feature will ever be implemented.How can you decide if a transaction is illegal ? Volume of the trade ? Bitcoin address associated with it ? All the blockchain does is process the transactions by keeping them public regardless of who or what is being the address is used for.

I think there's no reason for the blockchain to detect some illegal use of bitcoins or in any form of transactions along the deepweb..because first of all bitcoins are anonymous ,also the transactions on deepweb will be more anonymous..before entering on that site many people hide their ip 10x or more to not be trace in any transactions they made.

That's incorrect. Transactions will be on the blockchain regardless of how secure your Tor network is. Doesn't matter if you're on deepweb,a public ip or 10 tunnels down the secure server,your transactions will be anonymous and public only.

Agreed.  I'd be very interested to know how this would be possible.  But I'm sure the FBI and all the alphabet agencies will find a way--they're always watching.

Im not a web surfer on that deep web ,but i know some because of my groups ., i think also that FBI is keep on tracing any illegal transaction on that web, but many anonymous hackers are there watching but no power to report it , so i thinks theres so many people who also hires a hackers to do job or to have a transactions on that site .. We all know that one wrong move FBI can trace us.

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[uname]

Well as we all know that whenever we transact it always go through blockchain first. So is it possible that blockchain can detect illegal trasanction such as buying drugs, guns, hitman etc., especially on deepweb. And where does bitcoin go when blockchain detects a illegal transaction?

I think blockchain will not care about it. bitcoin made for freedom. then you're free to do anything with bitcoin., including buying drugs or illegal

[Blackmet]

Bitcoin is money too, so it's nothing special that it's wasting on different illegal things. Buying drugs or guns you can with bitcoin or with dollar it will not change nothing.

[Jemzx00]

Bitcoin is money too, so it's nothing special that it's wasting on different illegal things. Buying drugs or guns you can with bitcoin or with dollar it will not change nothing.

Yeah it's true that bitcoin is a money too but whenever you think of it that people uses bitcoin's anonymity to buy illegal things is a crime that can be punishable by the law. It can be a threat to bitcoin if this happens often.

[Metadextrous]

Bitcoin is money too, so it's nothing special that it's wasting on different illegal things. Buying drugs or guns you can with bitcoin or with dollar it will not change nothing.

Yeah it's true that bitcoin is a money too but whenever you think of it that people uses bitcoin's anonymity to buy illegal things is a crime that can be punishable by the law. It can be a threat to bitcoin if this happens often.

and yet bitcoin is the best momey for this kind of transaction as bitcoin offers anonimity and securit...

[jak1]

You can buy both legal and illegal things with this bitcoins. there is no stopping to it. So it on your own will whether you use bitcoins for good or bad purposes. Bitcoin will support u in both. 

[avikz]

Well as we all know that whenever we transact it always go through blockchain first. So is it possible that blockchain can detect illegal trasanction such as buying drugs, guns, hitman etc., especially on deepweb. And where does bitcoin go when blockchain detects a illegal transaction?

It is technically impossible to detect illegal transactions for blockchain if you are sending your payment to another bitcoin address without any note or without using the API.

But if you are making API payment, then it can be proven that you have purchased some illegal things looking at the website. But in deepweb, your ass is hidden, so you can transact freely. 

[vero]

Blockchain can't detect the illegal transaction or not and it's same with every transaction through a bank or bitcoin. we will know it is illegal transaction when there are reports of another party or the authorities in the country.

[rababo]

One of bitcoin advantage is it's anonymity, but it doesn't mean your transaction is untraceable.
When you did transaction, your transaction have the blockchain, and that blockchain can be traced.

[nanonymousx]

For the same token, can we trace all bills, since all cask has a unique series number.

[Yakamoto]

There is no way the blockchain detects an illegal transaction, all it is is a public ledger that anyone can go onto and read whatever they want. The blockchain doesn't look at each transaction, it merely exists. It does not care what happens.

[Kakmakr]

The Blockchain is just a public ledger of all transactions and how coins are linked from one person to the next. If you used your Bitcoin address on say Overstock.com and you bought something there, they might have your IP address stored on their system. < I am just using Overstock as a example, and I am not saying they are logging IP's > and then you use that same IP address to buy something illegal on another site where they have IP addresses stored, then the authorities can link these two transactions together on the Blockchain and then use this evidence to track you.

To keep your financial history more private, use Bitcoin addresses only once and then no history of previous transactions will be traceable to you from compromised services. Some of these services will not give this information without a subpoena and the proper documentation. ^hmmmm^

Some services collect this information for the authorities, and you will never know which one is legit and which one is a honey trap. ^smile^

[bitbunnny]

The role of blockchain is not to trace illegal transactions. I'm not even sure that they have way to do that. Also, FBI and other agencies can't monitor all illegal transactions. They probably have some persons under surveillance who are dealing with such transactions but they can't have all transactions under surveillance. Otherwise all people who are buying drugs or weapons would have been arrested and that is not possible. Besides, one of the mainn features of Bitocin are anonymous transactions that couldn't be traced.

[DimensionZ]

The IP concern can be easily avoided by using a VPN service right? What if some honest guy who has bought Bitcoins on an exchange sent some to his friend who is a bad guy. So the good guy has exposed his ID to the authorities but the bad guy got clean coins in his wallet. How can you find out the identity of the bad guy if he continues to deal with digital cash and doesn't want to withdraw into the physical world?

[arwin100]

The role of blockchain is not to trace illegal transactions. I'm not even sure that they have way to do that. Also, FBI and other agencies can't monitor all illegal transactions. They probably have some persons under surveillance who are dealing with such transactions but they can't have all transactions under surveillance. Otherwise all people who are buying drugs or weapons would have been arrested and that is not possible. Besides, one of the mainn features of Bitocin are anonymous transactions that couldn't be traced.

I agree with you also the fact is blockchain is made to receive/send and store bitcoin and blockchain not tracking illegal nor can track illegal activities because bitcoin is anonymous. If blockchain can detect well many scammers will go to jail because all of them using blockchain. And the reason why scammers use blockchain is because they are not traceable and their identity is safe.

[altcoinhosting]

The IP concern can be easily avoided by using a VPN service right? What if some honest guy who has bought Bitcoins on an exchange sent some to his friend who is a bad guy. So the good guy has exposed his ID to the authorities but the bad guy got clean coins in his wallet. How can you find out the identity of the bad guy if he continues to deal with digital cash and doesn't want to withdraw into the physical world?

Because the "good" guy can be identified... When buying coins on an exchange: you need to verify your ID, on other websites you need a verified paypal or credit card.
Only localbitcoins and bitcoin ATM's CAN be reasonably anonymous, altough the "good" guy might become "victim" of a sting operation.

When the "good" guy sends coins to his "bad" friend, the transaction is logged on the blockchain. When the "bad" guy buys something illegal (for example: drugs), the transaction is logged on the blockchain.

If the FBI suspects the dealers wallet to be a wallet used by a criminal, they can trace the coins back to the "bad" guy, and from the "bad" guy's wallet, they can trace them back to the "good" guy... But the "good" guy can be identified when he bought the coins.

So, if the "good" guy buys coins on a regular basis, and always sends them to the "bad" guy who always buys illegal stuff, it might happen that the cops knock on the "good" guys door and interrogate him untill he reveals the identity of the "bad" guy.

Bitcoin is pseudo-anonymous. It can be more or less completely anonymous, but only if you know what you're doing... If you're just buying coins and using them, you CAN be traced by somebody who has a lot of time and money (and has access to court orders)

[hasiramasenju]

i was never heard that blockchain can detect illegal transactions also i think it could not be blockchain do that because very difficult to detect illegal transactions to bitcoin users and might be because bitcoin is anonymous so every transactions cannot be detect but i think only government can do that not blockchain

[eternalgloom]

There is no way to detect a illegal transaction.I doubt even in future this feature will ever be implemented.How can you decide if a transaction is illegal ? Volume of the trade ? Bitcoin address associated with it ? All the blockchain does is process the transactions by keeping them public regardless of who or what is being the address is used for.

Yeah sometimes blockchain check on some mysterious transaction such as what you have said. And blockchain doesn't just process transactions .

What you are saying here is incorrect or an error in translation. The blockchain doesn't 'check on' mysterious transactions, it just lists all transactions, mysterious or otherwise, it's a public ledger.
People can use it to check for suspicious transactions or whatever but the blockain itself does nothing of this sort.

[Mastsetad]

Well as we all know that whenever we transact it always go through blockchain first. So is it possible that blockchain can detect illegal trasanction such as buying drugs, guns, hitman etc., especially on deepweb. And where does bitcoin go when blockchain detects a illegal transaction?

Ofcourse not.
How a website that keeps track of the wallets and the funds being transacted between each other can detect an illegal transaction?
Blockchain only can show you that what amount and from what wallet it was transacted from, but it cannot give you or keep any other information about that.
Because bitcoin is anonymous, it cannot be tracked i guess.

[xuan87]

i heard that it is possible to detect but it is very difficult, if you keep your blockchain clean record (never publish or never used it) and you used the service to mix your coin, then its almost impossible to detect it