|
Feuerbach
|
 |
April 23, 2018, 06:26:24 PM |
|
From recent news in India it is heard that bitcoins are used to sell drugs..I know its a currency and it is also used as a normal money... but these can create a bad space in people's mind that bitcoins are used to sell drugs..so they will not use bitcoins... Conclusion is that BTC is also a currency which is having a high value in the market..and bitcoins must not be used in these illegal activity which can reduce its usage and value.
Bitcoins are used not only for illegal activities. And most illegal purchases are made for traditional money. The sounded reason is simply an excuse for prohibiting cryptocurrency |
|
|
|
|
|
|
|
|
|
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
wasaisi
Member
 Offline
Activity: 210
Merit: 10
|
|
April 23, 2018, 06:35:24 PM |
|
Bitcoin has become the most valuable currency. Bitcoin was first used in illegal trade by ransomeware hackers. This news has created a bad impression about bitcoin around the world. Anything of value here on earth can be a source of illegal activity. Bitcoin can bring danger to people but people make bitcoin loss for everyone.
|
|
|
|
|
|
fisheater
|
|
April 23, 2018, 06:35:40 PM |
|
Just look at guns, knives etc, all used by criminals, does it mean anything?
|
|
|
|
|
|
Cloak1
|
|
April 23, 2018, 06:49:41 PM |
|
This is what I'm afraid most that bitcoin could lose its value because it is used for illegal activities. Besides it’s possibly to give a bad impact to bitcoin value by making its value low.
|
|
|
|
|
ZAYANDI
Newbie
Offline
Activity: 115
Merit: 0
|
|
April 23, 2018, 06:49:54 PM |
|
Why only bitcon, Bitcoin is just a currency that is used like fiat currency for legal or illegal activities, depending on the person and the target. Bitcoin has become the most valuable currency. Bitcoin was first used in illegal trade This news has created a bad impression about bitcoin.
|
|
|
|
|
saadat6868
Member
Offline
Activity: 179
Merit: 10
|
|
April 23, 2018, 07:38:28 PM |
|
Its not fully correct. so dollars are used for illegal activities too, worldwide, but it doesnt mean we shoud reject dollars and use some other currency, imho.
|
|
|
|
|
kang.reus
Newbie
Offline
Activity: 73
Merit: 0
|
|
April 23, 2018, 07:54:51 PM |
|
bitcoin is a beneficial infestation for us, if we obey and follow the rules correctly we are also fine and good taste good and not blocked our boss also
but if we work together or conspire to work together to get satisfactory results our brati violate the rules and bans our boss, just as we do illegal or make a mistake is in the right block or in kluarkan because we are not fighting healthy.
|
|
|
|
|
|
Valer4ik
|
|
April 23, 2018, 07:58:44 PM |
|
Bitcoin and other crypto-currencies need to be brought to institutional order. First, they have problems with fraud, money laundering, financing of terrorism. There are many problems ...
|
|
|
|
|
4U
Member
Offline
Activity: 195
Merit: 10
|
|
April 23, 2018, 09:17:54 PM |
|
From recent news in India it is heard that bitcoins are used to sell drugs..I know its a currency and it is also used as a normal money... but these can create a bad space in people's mind that bitcoins are used to sell drugs..so they will not use bitcoins... Conclusion is that BTC is also a currency which is having a high value in the market..and bitcoins must not be used in these illegal activity which can reduce its usage and value.
Some othe people they dont find a good job to sustain their needs they used bitcoin to approach other people and they started doing bad things, like scam. They used bitcoin in illegal way to get more money to other people. Well it is true but the reality is that good and bad people exist everywhere we cannot say anything bad to bitcoin for it, as everyone know how worth profit bitcoin is so they try to get fast and easy bitcoin so they scam, but a small care and good protection using wallets can save us from scamming and our bitcoin from hacking. |
|
|
|
|
|
Gandam23
|
|
April 24, 2018, 12:20:27 AM |
|
No matter how sad it sounds, bitcoin is still used for illegal activities, especially for the sale of drugs. For drug dealers, bitcoin is a gold mine. Imagine, complete anonymity, deaf the need for meet with customers, Ah and laundering money. How to deal with it? Nobody knows. But you need to fight.
Yes there are some sectors or sites that are using bitcoin in some illegal aspect such as gambling. Theyre using bitcoin as their bid and then they will use it to earn money easily. But the profit there is not sure because it is a 50/50 process. You cant predict if you will win you will lose. |
|
|
|
|
charlemagne_15
Member
Offline
Activity: 357
Merit: 12
|
|
April 24, 2018, 12:42:26 AM |
|
From recent news in India it is heard that bitcoins are used to sell drugs..I know its a currency and it is also used as a normal money... but these can create a bad space in people's mind that bitcoins are used to sell drugs..so they will not use bitcoins... Conclusion is that BTC is also a currency which is having a high value in the market..and bitcoins must not be used in these illegal activity which can reduce its usage and value.
It is not the fault of bitcoin if it is use in illegal doings. It is the human who are responsible for it. Because of not being able to trace the transaction, people who have bad conscience are often use it to buy and sell illegal possessions. It is indeed true that bitcoin is what we can considered a money so it may use in that such things. In my opinion, for them it is so much usable to deal in black market due to easy to use and circulate. |
|
|
|
|
Gudhal Untu
|
|
April 24, 2018, 12:46:29 AM |
|
Many fear that bitcoin is used for illegal activity, this is of course because the bitcoin feature is anonymous so everyone never worries their identity is known, of course with this fact the state must immediately create a bitcoin regulation so as to prevent illegal transactions with bitcoin.
|
|
|
|
|
koyo12
Member
Offline
Activity: 123
Merit: 10
Global Risk Exchange - gref.io
|
|
April 24, 2018, 01:24:43 AM |
|
From recent news in India it is heard that bitcoins are used to sell drugs..I know its a currency and it is also used as a normal money... but these can create a bad space in people's mind that bitcoins are used to sell drugs..so they will not use bitcoins... Conclusion is that BTC is also a currency which is having a high value in the market..and bitcoins must not be used in these illegal activity which can reduce its usage and value.
Their are many people using bitcoin in a bad way. They scam people using bitcoin. That's why more and more people also are attracted to used bitcoin even they don't know how and what is the main purpose of bitcoin. |
|
|
|
|
wahyu5
|
|
April 24, 2018, 01:26:13 AM |
|
From recent news in India it is heard that bitcoins are used to sell drugs..I know its a currency and it is also used as a normal money... but these can create a bad space in people's mind that bitcoins are used to sell drugs..so they will not use bitcoins... Conclusion is that BTC is also a currency which is having a high value in the market..and bitcoins must not be used in these illegal activity which can reduce its usage and value.
That is a reality we are facing today and no one like it. May be we all agree and call for regulation to control and minimize this if we can not avoid fully. This illegal activity may threat bitcoin value or price to drop. Bitcoin really can be used illegally for buying and selling drug, buy weapon, terrorist funding and money laundry and these must be overcomed together. |
|
|
|
|
flying_bit
Jr. Member
Offline
Activity: 434
Merit: 9
|
|
April 24, 2018, 01:30:25 AM |
|
hmmm...not FUD but bitcoins been known to be use in deep web but as it has dark side it also have good side like being use for mainly investment. So like fiat and bank (like swiss account) where can be use for illegal transaction but can also be use for good way.
So what's my point? it depend on people and how they will use it. As there is ying yang, good bad, white black and all to create balance. It can't be always all good as just like bitcoin and altcoin.
|
Reality is the only thing that is real.
|
|
|
|
NathanJB
|
|
April 24, 2018, 01:33:25 AM |
|
From recent news in India it is heard that bitcoins are used to sell drugs..I know its a currency and it is also used as a normal money... but these can create a bad space in people's mind that bitcoins are used to sell drugs..so they will not use bitcoins... Conclusion is that BTC is also a currency which is having a high value in the market..and bitcoins must not be used in these illegal activity which can reduce its usage and value.
This is not a problem of Bitcoin. This is a problem of the law enforcement agencies of the above-mentioned country. Bitcoin is out of it just that the central banks and the governments are not parties to any crime involving the fiat currency. It is for the government to strictly implement their laws regardless of what is involved. I guess this is not a matter that would affect the assessment of Bitcoin users and investors. |
|
|
|
|
dangwapo311
Newbie
Offline
Activity: 196
Merit: 0
|
|
April 24, 2018, 01:37:52 AM |
|
Bitcoin being used in illegal activities have been one of the reasons why people stay away from bitcoin. It is well known that bitcoin was used to purchase illegal stuff in the dark web and that is somewhat a bad record or a bad reputation for bitcoin. But it is not bitcoins fault, anything that is good in this world can be abused and use it in evil ways, it is up to the authorities to stop crime.
|
|
|
|
|
|
Ngewex Yuk
|
|
April 24, 2018, 01:53:06 AM |
|
This is not wrong, anonymous features make everyone think that bitcoin is only used for illegal transactions, plus the number of news saying that currently terrorists using bitcoin for transactions will certainly make the future of bitcoin continue to deteriorate.
|
TIME
TO
SLEEP
|
|
|
|
slashz9
|
|
April 24, 2018, 02:38:52 AM |
|
I think your statement is a bit wrong if you say so many things can be attributed to that example of drugs, actually in the medical world it can be used as medicine, but some people abuse it.
as well as bitcoin if bitcoin is used for the right thing I think it will not be a problem.
|
|
|
|
|
|
deviant99
|
|
April 24, 2018, 02:43:44 AM |
|
It is humans fault why bitcoin is used for illegal activity. Bitcoin is open to all types that we can use. There's no doubt that even in the illegal terms it will be include in this kind of activity.
|
|
|
|
|
