Can Bitcoin rise up criminality rate ?!!!

[fabskie21]

Can Bitcoin rise up criminality rate

I guess this statement is works backwards. In my opinion, the criminal rate can rise up BTC price. What do you think about this?

Any rise in Bitcoin price is completely independent to rise in crimes. It is mostly affected by the rule of supply and demand together with large scale pump and dump groups. Bitcoin price affecting criminal rate is somewhat aggreable since more thieves will engage into crypto.

[lesinset]

It may and can possibly do make a lot of people go crazy and do a lot of things for themselves for bitcoin. Even now, a lot of people is using bitcoin for fraud and stealing, that very thing is an evidence of how much it can happen in the future.

[dlhezter]

it depends on how bad people use this bitcoin for their own bad activity. and if they continue use this bitcoin for bad activity, governments will force to stop this and take an action for that, i am worried too by this increasing criminality that getting involve inside crypto. hoping that they had a plan to prevent this and wont get affected all the people who dont have any bad intention to use bitcoin or other crypto currency.

[crimsongoth]

I find this argument meaningless. The fact that Bitcoin is still in use at the moment there is a big role of the criminal self-concealment effort. The crime rate has raised Bitcoin more than Bitcoin has increased the crime rate.

[CaptainKid]

I wonder if this cryptomarket will end up to have like high marks on the mafia-market and if people would start to make like ''crazy'' decisions when it comes to BTC !!

This is possible that is why we need the regulation so that Bitcoin will not be use by these criminals and to ensure criminal rate will not increase just because of Bitcoin but there are people are selfish that they don't like regulation because of tax in which they only think of themselves but not the welfare of entire community.

You want to say that criminals do not use dollars, or will the regulation of crypto-currencies reduce crime and money laundering Bitcoin is a decentralized system, it was not created to regulate it.

[Bergiolia]

I wonder if this cryptomarket will end up to have like high marks on the mafia-market and if people would start to make like ''crazy'' decisions when it comes to BTC !!

I don't think Bitcoin would create or maximize the criminality rate that was happening in our society today. I think it's just the same with different classifications.
Criminalities in terms of financial cases are just normal but this time they're not targeting banks but instead crypto holders that aren't too careful on their private keys managements.
It's non different in terms of criminality rates but on the type of criminals way on getting money and this time they're getting virtual currencies and not cash money.

[Yalovtsev]

Everything is possible, as in the beginning to use bitcoin, and for good deeds!everything that as well as with Fiat,it can be used for good and bad things to do,all depends on the people themselves,eve those who are at the helm of power!!!So as from their decisions then all is happening

[josegr4ham]

Bitcoin is not the reason criminality will ever raise or drop. People, I mean criminals will always find a way to get there

[kkaroul4]

I wonder if this cryptomarket will end up to have like high marks on the mafia-market and if people would start to make like ''crazy'' decisions when it comes to BTC !!

I think crime does not only happen with crypto currency because the crime can happen in any way it all depends on the individual human because all good with bad intention bad result too

[nitrousteam]

Bitcoin is not the reason criminality will ever raise or drop. People, I mean criminals will always find a way to get there

There is always something that the criminals are using to enhance their criminality stats and rates. Bitcoin is just an asset to them. I think personally that they are more fond of Monero which is actually providing the full anonymity on the contrary to the Bitcoin.
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Just look at the dollars which are the leading in the money laundering from Iraq - America, and countries by the side. A dollar is still more widely used by the criminals then the Bitcoin but the media must provide the false information to the populations because the instructions they have gotten by the government are strict.

[bright07]

This is a topic of high thinking.There should be full security about it. We should be careful that nobody can get our password otherwise the criminality rate will be increased. We should make use of secured wallet.

[dasha_buka]

Initially, perhaps the mafia and took some part in the capitalization of bitcoin, but by this logic can be said that the mafia is fully governed by the government or banks.            

[Sanchos]

People can buy drugs, weapons and other prohibited items with dollars. Also we can see all bitcoin transactions at blockchain. But we can not see all bought items with fiat.

[abduljacklu]

Might be? because that is the advantage of the cryptocurrencies,to transact anonymously without getting caught by the federal government.XMR is the best coin to use when you are going to buy something illegal in the deepweb,cryptocurrencies are decentralized that i why these people in the government strongly disagree the use of cryptocurrencies.

[Ayush rana]

well yes, bitcoin can rise up the criminality rate of a country because in cryptocurrencies. there is no way that you can track the transaction and if you do any transaction then there will be no history or record of the account to whom you have sent and this is the major reason that most of the countries are opposing bitcoin while considering this point.

[faceoff97]

I wonder if this cryptomarket will end up to have like high marks on the mafia-market and if people would start to make like ''crazy'' decisions when it comes to BTC !!

There is no denying that bitcoin might actually be used even in the most illegal activity. People might use anonymously to make illegal transaction without any intervention of the government. One of its purpose why people actually using this is because of being decentralized. Bitcoin wont be bad if wont be use for something unacceptable. Its just like a normal fiat which can also be used for illegal activities.

[matsusomoto]

Might because these criminals and cindicates are using cryptocurrencies as safe havens when they are doing transactions online,they are taking advantage the situation and the features of cryptocurrencies especially XMR or Monero which will give you a total anonimity with every transactions that you have,giving those bad people more opportunity not to get caught easily.

[denysrodman]

BTC/USD is back to our old consolidation zone. After 6 days in a row in red, we are having 2 green days. BIG short term resistance at 10,000. Overall Still Bullish. Never consolidate below 9,000 level

[swscowods]

Can Bitcoin rise up criminality rate

I guess this statement is works backwards. In my opinion, the criminal rate can rise up BTC price. What do you think about this?

Any rise in Bitcoin price is completely independent to rise in crimes. It is mostly affected by the rule of supply and demand together with large scale pump and dump groups. Bitcoin price affecting criminal rate is somewhat aggreable since more thieves will engage into crypto.

I can’t really understand that if there is any such relationship in between increase in the market value of the bitcoin and that of the increase in the crime rate as bitcoin has got nothing to do with the crime rate and that it can hardly increase or decrease the rate of crime. However, it can increase the cybercrime rate to a little value and that too by the ones who are busy in hacking or are doing frauds.

[bitcon]

I wonder if this cryptomarket will end up to have like high marks on the mafia-market and if people would start to make like ''crazy'' decisions when it comes to BTC !!

I think that it is almost impossible. Criminals have existed always as the different payments' systems. The criminal situation was never changed when another currency would appear. BTC has no connection with it.