monkeydominicorobin
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✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
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June 21, 2018, 02:15:40 AM |
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That is why I know that it is fake news whenever Main Stream Media focuses their attention on ransomware using Bitcoin just to demonize Bitcoin. Bitcoin will never hide your transaction just because you are a drug supplier. It is not afraid to record every single transaction. You will be revealed in no time.
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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hulla
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June 21, 2018, 04:14:51 PM |
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I'm delight this happened to those who use BTC to buy drugs on the dark web and I'm sorry if this might have hurt any one by chance because this guys are among the reason why the government have negative thought about cryptocurrency.
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HeraldoCrypto
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Activity: 138
Merit: 1
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June 21, 2018, 04:19:14 PM |
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There was a vice doc recently about credit card scammers that used BTC. The dudes were convinced they were 100% untraceable. It's a matter of time until they're caught, if they haven't been already. DYOR goes for criminals too I guess...
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mrcash02
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June 22, 2018, 12:18:00 AM |
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Very good, if Blockchain were adopted in public administrations corruption would be tracked easier too, like this guy was tracked dealing with drugs. The system is easy to use even for laymen and it's more transparent than any transparency system used by public administrations nowadays.
If the authorities want to take the criminals, it's better they incentive people to use Bitcoins! The problem is that in many cases the authorities have schemes with these criminals, so it's better to keep the traditional system working for the good sake of both parties... And if it's necessary to blame something, that Bitcoin be blamed as the criminal!
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Ucy
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June 22, 2018, 06:18:57 PM |
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I honestly do not fancy privacy coins too much. I wish every human activity, from the governments, secret agencies to the smallest person on earth is open/transparent & there will never be need for such coins and similar services. But It is too dangerous to have some people with anonymity tools while others don't.
What do you think will happen if places of hiding are taken away from hunted animals while the hunters alone are able to hide and hunt? Total Massacre my dear! Privacy/Anonymity is beautiful gift to us and animals. Do not take it for granted.
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gentlemand (OP)
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Activity: 2590
Merit: 3008
Welt Am Draht
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June 23, 2018, 12:41:21 PM |
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I honestly do not fancy privacy coins too much.
Right now if you use your bank card to buy something you have absolute privacy. The merchant or anyone else who sees your details can't delve into your history or know the slightest thing about your finances. Unless you're diligent anyone could have a sift through your Bitcoin history based off knowing one address and link you everything you've ever spent or received. If that was the case with fiat there'd be absolute uproar. This isn't an issue as hardly anyone is spending it. It certainly would make for serious discomfort if it was the world's primary payment mechanism.
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allthebitandbobs
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June 23, 2018, 12:47:45 PM |
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finally, those criminals deserve that. because of them BTC is always linked to SCAM, Fraud and Drugs... I don't want people think about BTC as a means for illegal activity... that's stupid. But people are stupid too! so, it's better if these criminals use a different cryptocurrency instead!
There worst guys out there the drugs he was selling were relatively safe .Also yeah he got very careless .Cant understand people the darkmarkets addresses are tracked and watched like hacks
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Patatas
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Providing AI/ChatGpt Services - PM!
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June 23, 2018, 12:58:35 PM |
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Quoting from that post HE DID NOT USE AN INTERNAL PAYMENT SYSTEM THAT PROCESSES TRANSACTIONS USING AN ANONYMOUS TRANSACTION
Why didn't he do that? I suppose the market place had a system which kinda of acts like a bitcoin-mixer to keep the trades anonymous.Not using the system could be the reason in him getting traced? Actually yes, the quote below from the post “After observing the bitcoin ‘tip jar’ advertised by OxyMonsyter, agents conducted analysis of the incoming and outgoing transactions from that bitcoin address and learned that 15 out of 17 outgoing transactions from the OxyMonster tip jar went to multiple wallets controlled by French national Gal VALLERIUS on Localbitcoins.com.”
How dumb of him to not use a mixer?
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tumokatok
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Activity: 392
Merit: 10
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June 30, 2018, 01:52:54 PM |
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Bitcoin settings are mostly due to anonymity features and can not be traced. But because of other regulations demanded by the government, it is now easy to track such criminal activities. And we need more druggists and other criminals who get rid of bitcoin to clear the name of bitcoin
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Winifredinme825
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Activity: 65
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July 11, 2018, 03:19:00 AM |
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Increasingly difficult for error settings to secure data as well as transactional convenience
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bitfocus
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July 11, 2018, 06:54:14 AM |
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I take this very positively, Bitcoin was always blamed as drug money by fools, now they will start understanding that Bitcoin is not a drug or extortion money.
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tobreak007
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July 14, 2018, 02:06:01 AM |
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I do not want people to think of BTC as a means of illegal activity
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szpalata
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July 22, 2018, 05:02:14 AM |
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I wish they'd be smoked one after the other from all their hiding places because they abusing the use of bitcoin and it's hindering bitcoin from becoming a full-scale, widely-accepted currency as we all expect it to be. They are responsible for all the various governmental attempts to ban and bans we hear about and the earlier they are brought to book the better for us all.
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zxl912157
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August 14, 2018, 02:27:23 AM |
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That's great because all the evil is traced from TX iD Bitcoin. All crimes must be destroyed which is caused by Bitcoin.
Robbery, extortion, drugs, the sale of children using Bitcoin is really a disgrace for Bitcoin.
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