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Author Topic: Bitcoin Are Now Used in Crimes  (Read 13062 times)
dupee419
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December 24, 2017, 09:04:16 PM
 #921

Sometimes they use it in crimes and it's sad to say because bitcoin is very helpful and how they can do it to be dishonest in another person to scam him why? Why they use it in a crime? Like the ponzi scheme it is a scam on if you don't want to get scam always double check the site especially if you sre logging in your account in online wallet
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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fistteam
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December 24, 2017, 09:35:36 PM
 #922

Yes, I think it's being used a lot in crime. All transactions are done by internet so it is very interesting to investigate. Bitcoin can be used to pay for illegal transactions.
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December 25, 2017, 08:20:47 AM
 #923

Since btcoin was an right of entrance source, it is not fantastic that bitcoin was best used if the person is a bad person were they are abusing the usage of bitcoin. But if the individuals are not play a role any illegal happening bitcoins will be abuse of course.
Right now, there is no such kind of event reported in which we have heard of this news that bitcoin is being used in any kind of criminal activities. However, bitcoin can be used in any kind of activities whether good or bad. In that case, it depends on the ones who are having bitcoin.

We should try not to use bitcoin for any such kind of illegal activity as this will bring bad name to bitcoin and can affect its reputation.

Huskarls
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December 25, 2017, 03:40:07 PM
 #924

i know it since 2013, bitcoin was used in the deepweb as payment tool. As we know most of thing on the deepweb was crime.
Cracking, Carding, Mercenaries, Even you can get a gun just by using bitcoin as payment

Anonimity is important on the deepweb and the crimes was everywhere
kokoko77
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December 25, 2017, 04:21:14 PM
 #925

It’s being used in crime, they buy and sell online and pay by bitcoin. Police can't cathc them because can't be traced.
But goverments started to take measures for criminals. You can hear the swoop in news.

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fayrouz
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December 25, 2017, 04:26:56 PM
 #926

It’s being used in crime, they buy and sell online and pay by bitcoin. Police can't cathc them because can't be traced.
But goverments started to take measures for criminals. You can hear the swoop in news.

Sounds not good. They should not allow Bitcoin to pay for that kind of thing(guns). We are here to trade, to make money and earn profits, but not to the extend that they used Bitcoin as crimes. We do take care of the name(Bitcoin).
yourialfa
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December 25, 2017, 04:28:35 PM
 #927

Sometimes bitcoin is used for crime. And it's just for money. Many of the users feel uncomfortable about people who commit crimes. Because bitcoin is decentralized so many of the criminals use bitcoin for crime.
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December 25, 2017, 04:44:30 PM
 #928

It is normal that bitcoin is using in many crimes because bitcoin is a money. I know that we all are aware that money is the root of evil! It is one of the disadvantage of bitcoin because it can use in different crimes.

dknight456
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December 25, 2017, 04:58:38 PM
 #929

Actually bitcoin now is mostly used by good people, most of bitcoin transactions are in exchange site and online business. The number of crime using bitcoin now is smaller than the past.  So bitcoin now is very positive, and it also give the users a lot of benefits.
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December 26, 2017, 08:08:58 PM
 #930

i know it since 2013, bitcoin was used in the deepweb as payment tool. As we know most of thing on the deepweb was crime.
Cracking, Carding, Mercenaries, Even you can get a gun just by using bitcoin as payment

Anonimity is important on the deepweb and the crimes was everywhere
It’s not a good thing if someone is using bitcoin in crime bitcoin is actually helping humanity so we need to use bitcoin for a good things such as we can donate bitcoin to poor countries and also some people are doing charity we can use it there also bitcoin price is very high in poor countries our donation can change their life and if someone want to earn from bitcoin so he just need hard work here and then he can earn a lot of money which can stop him from crime.
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December 27, 2017, 11:46:54 AM
 #931

The matter of fact is bitcoin is being taken advantage of with the feature of staying anonymous. Sadly, that is what criminals do as their token. Hopefully, this will change.
codpku
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December 27, 2017, 11:52:01 AM
 #932

Its been a long time if im not mistake
FBI caught drugs dealer that have a lot bitcoin after that FBI now the the one who have lot of bitcoin

Andika23
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December 27, 2017, 11:58:39 AM
 #933

in my opinion bitcoin is not for crime use because bitcoin is now widely used by good people, and bitcoin is also digital currency so if for crime use it is very difficult
Tambu
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December 27, 2017, 12:02:04 PM
 #934

And bitcoin if fall into the hand of a bad guy is also very dangerous.
There are many Guns and ammo you can buy if you have s substance amount of btc.

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December 27, 2017, 12:11:13 PM
 #935

That is main reason most of Governments dnt support bitcoin and considering it ilegal because you dnt have to pay taxes on your bitcoin property.No one can investigate where you got that all money and from which sources.Big wheels are using it for money laundering and ilegal purposes.
bitfocus
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December 27, 2017, 12:13:46 PM
 #936

Money is used in crime, drugs, extortions, blackmailing since the circulation of paper money. Is that money's fault? of the fault of some wrong-headed criminals? Bitcoin is just another money, crypto-money - bit drug or crime money.
teejaymuna
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December 27, 2017, 12:13:58 PM
 #937

Yes, Bitcoin is being used for crime and it increases the already heightened global crime levels. Sad thing is, there's not so much that can be done about it, at least at the moment. Fiat currencies are also used to perpetrate crime as well so this shouldn't be over whipped. Though crime rate with Bitcoin is high, for me it does more good than harm in terms of money decentralization and profit making, among others.
Travel Token
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December 27, 2017, 12:18:37 PM
 #938

Money is used in crime, drugs, extortions, blackmailing since the circulation of paper money. Is that money's fault? of the fault of some wrong-headed criminals? Bitcoin is just another money, crypto-money - bit drug or crime money.
I agree. Bitcoin are used in criminal as well as conventional money. There are of course some differences, but in result it is the same thing. There is no criminal without money.

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kaizie
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December 27, 2017, 12:41:14 PM
 #939

Yes it sad to say but bitcoin is used in crimes. They used the name of bitcoin to cheat people just to get some money on them. They do scam can hack your account and also to buy drugs. Because the transaction is hard to trace. So it's hard for the police to catch them.

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BossMacko
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December 27, 2017, 12:49:03 PM
 #940

Well that is the bad side effect of Bitcoin that we cannot do anything since transaction are anonymous and untraceable. Majority of the users still are in good sides anyway. Also any currency like usd,php even alt coins can be used in crimes so it really does not matter.
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