Bitcoin Forum
May 02, 2024, 01:44:12 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Million Dollar NFT uses for money laundering?  (Read 32 times)
Imran232 (OP)
Full Member
***
Offline Offline

Activity: 700
Merit: 182


View Profile
February 06, 2021, 04:40:27 PM
 #1

I hope you guys already knows about Crypto NFT/digital art. This is now a craziest thing in crypto. A most popular part for artists. And most value-able art is published here also buy/sell here. Recently i share a news that a digital artist buy a art with a value of $130 and after 2 days he sell that art with a value of $130k. Which is truely a biggest news i thought. That is why i share that news in forum. In that news a users comment that This type of value-able nft is a lie. They are use this technology to money laundering.

Artworks and promotion are based on either luck or money laundering.
it will not be repeated, it is a coincidence that has happened to that user, or someone is trying to launder money.
Such deals are not usual in the cryptocurrency market, this is nothing more than news for the newspaper and not something we can all do.

According to him in this platform only 2 thing work 1 is luck and 2nd is money laundering. If he only says luck then i will be agreed to him fully. But i am little bit confused. Do you guys also thought that there is also a money laundering happen?

I don't know about this. But i know someone. Who is a airdrop hunter. He has a youtube channel. He is most popular youtuber from india. But he has users from india, Bangladesh, pakistan or some more. His channel name Airdrop alert daily. When Dego finance launch its first nft programme as a airdrop perpose lots of people joined. Airdrop alert daily channel owner also joined and he got kryptonite v6 nft.  And you know the biggest part he sold his nft as a price of 30eth. And that time 30 eth = $10k. Which is a huge for a frer airdrop participant. His video still in his YouTube channel. Honestly after that I know about NFT and its power too. 

But when i saw that comment and a users also merit his comment then i was little bit confused. Now i want to know about your opinion that what you guys thought about money laundering topic.
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714614252
Hero Member
*
Offline Offline

Posts: 1714614252

View Profile Personal Message (Offline)

Ignore
1714614252
Reply with quote  #2

1714614252
Report to moderator
1714614252
Hero Member
*
Offline Offline

Posts: 1714614252

View Profile Personal Message (Offline)

Ignore
1714614252
Reply with quote  #2

1714614252
Report to moderator
1714614252
Hero Member
*
Offline Offline

Posts: 1714614252

View Profile Personal Message (Offline)

Ignore
1714614252
Reply with quote  #2

1714614252
Report to moderator
Coin_trader
Copper Member
Legendary
*
Offline Offline

Activity: 2772
Merit: 1168


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
February 06, 2021, 04:51:02 PM
 #2

Can you explain further the logic on how this scenario became money laundering? NFT value is just base on speculation of the collectibles and the rarity drop is random. Everyone can check the code if the project is fair on there github.

Can you indicate the actual NFT that you are describing particularly. It's nonsense to use NFT as way of money laundering because that's is just digital collection and getting huge money out of it is very questionable in case authority will trace the source of his money.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Imran232 (OP)
Full Member
***
Offline Offline

Activity: 700
Merit: 182


View Profile
February 06, 2021, 05:02:26 PM
 #3

Can you explain further the logic on how this scenario became money laundering? NFT value is just base on speculation of the collectibles and the rarity drop is random. Everyone can check the code if the project is fair on there github.

Can you indicate the actual NFT that you are describing particularly. It's nonsense to use NFT as way of money laundering because that's is just digital collection and getting huge money out of it is very questionable in case authority will trace the source of his money.

Yes i am also saying that. How it could be? When i saw that people comment and a user support his comment by merit him that is why i creat this separate topic so that i can get all of your opinion. Plus i can get a posetive opinion about nft. That nft is not for money laundering it is only for explore creativity. And we always heared that creativity always paid.  And another reason for creating this topic which is, when all of users get a posetive vibe by reading everyone’s opinion from here they will avoid such talk who says nft uses for money laundering. Am i right friend?
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!