Yes, nowadays it’s being used in crime, they buy and sell online and pay by bitcoin. Because it’s untraceable. So police can’t get clue to caught them. I think it’s dangerous.
You got a valid point on this. Bitcoin is being used for illegal transaction online as well because of its untraceable nature. Though we know that bitcoin is helping a lot of people for an easier transaction for good use, there are also bad people who use it for their own gain to make bad intention for others. Example, the new crime we know now at the internet like the child exploitation live videos allowing the perpetrators to command children to do something illegal. They usually transact through bitcoin to make sure that their transactions has no record to the public. 
Topic: Bitcoin Are Now Used in Crimes - page 29. (Read 13114 times)
Anonymous bitcoin transactions make it the preferred method of payment for cybercriminals in blackmailing their targets.
Transactions with bitcoin can not be canceled or withdrawn. So once a payment is made or a bitcoin is transferred to a different address, then it is finished. No one party can return the bitcoin to the owner. These two things become the advantages as well as the lack of bitcoin. These two things also provide loopholes for cyber criminals to steal other users' bitcoins or use bitcoin as a crime payment currency.
Transactions with bitcoin can not be canceled or withdrawn. So once a payment is made or a bitcoin is transferred to a different address, then it is finished. No one party can return the bitcoin to the owner. These two things become the advantages as well as the lack of bitcoin. These two things also provide loopholes for cyber criminals to steal other users' bitcoins or use bitcoin as a crime payment currency.
Bitcoins has regained its strong value, As of this posting, the value per 1 bitcoin is exactly 4786.59 US Dollar. Soon we will see more ways people can squeeze the most out of bitcoins. Since the advent of the internet to be profit oriented in the 90's, no one would possibly have imagined that the Internet would breed Facebook, Google, Uber, online streaming, etc. This is where we are with the Blockchain now. There exists a whole world of opportunities out there.
These opportunities have the unrighteous users of this cryptocurrencies to also used its advantage. We cannot deny for a fact that cyber crimes have been committed since the birth of the internet. Once, stealing was done with having guns, now, robbers can easily hack bank accounts or counterfeit credit cards to their advantage. Sooner, cryptocurrencies can be used to pay crimes such as services for creating counterfeit birth certificates and this is not far from happening. Actually, the US has already cases on this matter.
Another is the crime of buying illegal-drug emporium that used Bitcoin as a medium of exchange, politicians and policymakers took notice. Criminals, it turns out, really like bitcoins, which can be exchanged for nefarious purposes on the "Dark Web," with complete anonymity and, it seems, impunity.
Although, there are some articles that i have read regarding criminals cannot hide behind bitcoins, still, there are difficulties tracing transactions using cryptocurrencies. That is why law enforcement agencies should have a to change their procedures to pursue criminals who make use of the latest technology to commit crimes. Let the law find a way to evolve to address new tech challenges. There is no reason to expect that law enforcement won’t be able to get a handle on this new cybercrime.
These opportunities have the unrighteous users of this cryptocurrencies to also used its advantage. We cannot deny for a fact that cyber crimes have been committed since the birth of the internet. Once, stealing was done with having guns, now, robbers can easily hack bank accounts or counterfeit credit cards to their advantage. Sooner, cryptocurrencies can be used to pay crimes such as services for creating counterfeit birth certificates and this is not far from happening. Actually, the US has already cases on this matter.
Another is the crime of buying illegal-drug emporium that used Bitcoin as a medium of exchange, politicians and policymakers took notice. Criminals, it turns out, really like bitcoins, which can be exchanged for nefarious purposes on the "Dark Web," with complete anonymity and, it seems, impunity.
Although, there are some articles that i have read regarding criminals cannot hide behind bitcoins, still, there are difficulties tracing transactions using cryptocurrencies. That is why law enforcement agencies should have a to change their procedures to pursue criminals who make use of the latest technology to commit crimes. Let the law find a way to evolve to address new tech challenges. There is no reason to expect that law enforcement won’t be able to get a handle on this new cybercrime.
I always thought printing fiat money was a crime. What do you mean by "crime"
Hi,there are plans for android and Os wallet?
Related to this topic, I personally deeply regret because bitcoin is used for crime. Should the technological developments in the form of this economy are utilized as well as possible for the progress of all people or various countries, but there are always people who take advantage of these developments. Let alone the system of blockchain is a digital currency that is universal. With cases in some countries using bitcoin as a crime, we should always be careful to keep our wallet safe. It seems that bitcoin users in the future really need extra security for the convenience of the user. Hopefully, there is a solution to this problem because if allowed to drag on will cause public confidence in bitcoin decreases.
Cash is now used in crimes
Yes, nowadays it’s being used in crime, they buy and sell online and pay by bitcoin. Because it’s untraceable. So police can’t get clue to caught them. I think it’s dangerous.
Even before it is in crime especially in the deep web. Some sites there are operating or have a membership fee the bitcoin. If you pay you can have access to the porn sites there and take note not just a porn site but children there are being abused and rape. Eversince it is used in the illegal transactions like buying of drugs, illegal guns and many more. Bitcoin is used as a currency there and a payment. Some people used bitcoin to transact or hired a killer or hacker there. Bitcoin has a lots of used in the dark net 
It always was, well, at least 80% of its life-cycle. Bitcoin because more well known because of the early use in money laundering and many people would have no idea is exited if not for those times.
That was the main redeeming factor that created a demand in the beginning and whether those trading knew it or not, the initial values hit their marks because the demand was there in the criminal world, the anonymous monetary world and many other aspects. The success of Bitcoin today can hang its hat on those early times.
Bitcoin can be used for crimes. The fast and easy transaction that will not verify by the policemen and government can be used by criminals because the transaction can be hide and cannot be trace anymore.
Anonymity used to be one of the advantages of Bitcoin. But that is not the case anymore. A few months back, the cops in Denmark arrested a few drug dealers after tracing their Bitcoin transactions. So drug dealers are more careful now. They have shifted to anonymous coins such as Monero and Blackbytes.
Bitcoin can be used for crimes. The fast and easy transaction that will not verify by the policemen and government can be used by criminals because the transaction can be hide and cannot be trace anymore.
Bitcoins has regained its strong value, As of this posting, the value per 1 bitcoin is exactly 4786.59 US Dollar. Soon we will see more ways people can squeeze the most out of bitcoins. Since the advent of the internet to be profit oriented in the 90's, no one would possibly have imagined that the Internet would breed Facebook, Google, Uber, online streaming, etc. This is where we are with the Blockchain now. There exists a whole world of opportunities out there.
These opportunities have the unrighteous users of this cryptocurrencies to also used its advantage. We cannot deny for a fact that cyber crimes have been committed since the birth of the internet. Once, stealing was done with having guns, now, robbers can easily hack bank accounts or counterfeit credit cards to their advantage. Sooner, cryptocurrencies can be used to pay crimes such as services for creating counterfeit birth certificates and this is not far from happening. Actually, the US has already cases on this matter.
Another is the crime of buying illegal-drug emporium that used Bitcoin as a medium of exchange, politicians and policymakers took notice. Criminals, it turns out, really like bitcoins, which can be exchanged for nefarious purposes on the "Dark Web," with complete anonymity and, it seems, impunity.
Although, there are some articles that i have read regarding criminals cannot hide behind bitcoins, still, there are difficulties tracing transactions using cryptocurrencies. That is why law enforcement agencies should have a to change their procedures to pursue criminals who make use of the latest technology to commit crimes. Let the law find a way to evolve to address new tech challenges. There is no reason to expect that law enforcement won’t be able to get a handle on this new cybercrime.
These opportunities have the unrighteous users of this cryptocurrencies to also used its advantage. We cannot deny for a fact that cyber crimes have been committed since the birth of the internet. Once, stealing was done with having guns, now, robbers can easily hack bank accounts or counterfeit credit cards to their advantage. Sooner, cryptocurrencies can be used to pay crimes such as services for creating counterfeit birth certificates and this is not far from happening. Actually, the US has already cases on this matter.
Another is the crime of buying illegal-drug emporium that used Bitcoin as a medium of exchange, politicians and policymakers took notice. Criminals, it turns out, really like bitcoins, which can be exchanged for nefarious purposes on the "Dark Web," with complete anonymity and, it seems, impunity.
Although, there are some articles that i have read regarding criminals cannot hide behind bitcoins, still, there are difficulties tracing transactions using cryptocurrencies. That is why law enforcement agencies should have a to change their procedures to pursue criminals who make use of the latest technology to commit crimes. Let the law find a way to evolve to address new tech challenges. There is no reason to expect that law enforcement won’t be able to get a handle on this new cybercrime.
Yeah, based on the rumor I heard which is really true. Bitcoin are used im crimes, they used it illegally. Because somehow and somewhat police don't ever traced or track the root.
cannot be avoided, Bitcoin, Cash, Gold and other exchange tools will always be exploited by criminals for their crime transactions,
but Bitcoin transactions will be recorded on Blockchain and it can be in the know, it is very good ...
but Bitcoin transactions will be recorded on Blockchain and it can be in the know, it is very good ...
It is expected that bitcoin would be used in crimes because it is like sending anonymous money to people the legal way because in my country i pay tax if i cash out my bitcoins but this does not mean you can ban bitcoin because of some people are using it for crimes.
this is the disadvantage of bitcoin in the current world.criminal are using bitcoin to get payment and this way they are hiding themselves.as bitcoin is peer peer network,they utilise the advantage of this.this too dangerous for the bitcoin community.
Yes, I know and many people know this. But we can not do anything. Anonymous is the Bitcoin feature, no one can control it. We have to accept that.
Not only at the moment, in my opinion, Bitcoin used in crimes right at the start because Bitcoin transaction is almost anonymous and the only way to find out the begin or end place of any transaction is the IP address but it'll be useless if the crime use VPN software. Because of the security of Bitcoin, a lot of bad guys are still using it to commit crimes like money laundering, tax evasion,.....But for now the number of crimes related to Bitcoin is greater than before because the price of Bitcoin is more than 7k$ at the moment not only few cents like before.
some people use this bitcoin for there crime because you can pay them without your identity...
Bitcoin are now used in different kind of crimes like scamming. Now that bitcoin price is rising all scammers are using all the ways to get bitcoin. It also used by rich people to hide their money to avoid paying their tax and it is also used for transferring money by all illegal business. That's why not all country are accepting bitcoin.
Yup we all know that despite of providing a free of tariff method for payment, Btcs are being used in the wrong ways leading to an imbalance in the socio- economic world. Some people are always keeping their money in form of Btcs and hence hide it form the governmental census per year moreover, there is a wide use of digital assets in the black market because all the transactions are not traceable .As the whole method is electronic, therefore it is more vulnerable to hacking and scammer sites. I think nothing is perfect. Beside of the benefits of bitcoin and always stroll with negatif for example above point out. I hope there's a way in long term to prevent bitcoin employed for crimes.
Well I think it’s a very bad thing that bitcoin is using in crime and or any other bad thing because bitcoin very good safe and sound currency and you will learn good things here so I think rather than use bitcoin in bad things we need to use it for good things because bitcoin is here to help people not make them criminals. Jump to: