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Topic: Bitcoin Are Now Used in Crimes - page 30. (Read 13114 times)

full member
Activity: 606
Merit: 108
November 14, 2017, 12:19:07 PM
It was already used in crimes even when bitcoin was new criminals were also using it. They can hide their money in bitcoin very easily and it would be impossible to trace them.

Thats why you have a lot of scammers and if they have scammed you they will just send it to their wallet. Like it was nothing.
The fact, bandits still can rob your money without any technology like blockchain and cryptocurrency. You forget if you give them chance to rob your money, they can do that as nothing happened. Unless, the transaction of UG, cryptocurrency really the best option for those people, because their transaction mostly through online payment.
You are right they commit a crime because there is a chance I admit they are smart but unfortunately their intelligence is used for crime, They can do whatever they want to get it. to avoid evil we have to be careful and not give them a chance
member
Activity: 217
Merit: 10
November 14, 2017, 11:55:59 AM
Since the day bitcoin was born it has been used by most terrorist due to its anonymous and un traceable, this is a great tool for criminals to do bad thinss.
full member
Activity: 214
Merit: 100
November 14, 2017, 11:19:12 AM
Bitcoin is a virtual currency that is very difficult to trace, therefore many criminals are using bitcoin for financial transactions.
hero member
Activity: 625
Merit: 501
November 14, 2017, 10:40:42 AM
It was already used in crimes even when bitcoin was new criminals were also using it. They can hide their money in bitcoin very easily and it would be impossible to trace them.

Thats why you have a lot of scammers and if they have scammed you they will just send it to their wallet. Like it was nothing.
The fact, bandits still can rob your money without any technology like blockchain and cryptocurrency. You forget if you give them chance to rob your money, they can do that as nothing happened. Unless, the transaction of UG, cryptocurrency really the best option for those people, because their transaction mostly through online payment.
full member
Activity: 336
Merit: 100
November 14, 2017, 07:03:50 AM
really .. a crime that is done by the users is through social media facebook, twiter, and other networks are solely the eyes for their own interests ..
full member
Activity: 1218
Merit: 105
November 14, 2017, 06:17:28 AM
Any kind of Crypto currency and any kind of real world currency can be used in crimes such as drug trades, assassination and other illegal stuffs. Well bitcoin is the first and top crypto currency used world wide that's why illegal drug trades choose bitcoin for their "medium" of payment if you know what i mean.  Smiley
full member
Activity: 252
Merit: 102
November 14, 2017, 06:14:26 AM
I am not sure about use of bitcoin in crime. But one virus named "ransomware" which lock the computers in many country. The hacker demanded bitcoin to provide solution. As bitcoin is not traceable so it is batter way for criminals.
newbie
Activity: 40
Merit: 0
November 14, 2017, 06:10:33 AM
It was already used in crimes even when bitcoin was new criminals were also using it. They can hide their money in bitcoin very easily and it would be impossible to trace them.

Thats why you have a lot of scammers and if they have scammed you they will just send it to their wallet. Like it was nothing.
jr. member
Activity: 52
Merit: 10
BlueFlare財務雑誌
November 14, 2017, 06:02:26 AM
Tell me what currency is clean?

?

Bitbean?
full member
Activity: 658
Merit: 152
November 14, 2017, 05:56:50 AM
Anything can be use in crimes. Basically, bitcoin is a crytocurrency where you can use it through everything . For example, using bitcoins in gambling whether you use it in a good way there 's always a bad way will pop out. Bitcoins can use as a transaction where crime also use in there. What can you expect from here, at a high price of bitcoins there are still crimes occur.
Gambling business with crypto is really blossoming this days and I think that is the best form for investment today - online casinos and their tokens.
About the main point - dollar and euro also used for criminal, so what is the reason to point on bitcoin in this sense? For me it is just a trying to show bitcoin in a negative line, but it is not worse than any other currency. And if to look at the value of currencies used for crimes - bitcoin (and alts) is the most innocent.
hero member
Activity: 840
Merit: 516
November 14, 2017, 05:51:01 AM
I think yes because bitcoin is decentralise everyone can use bitcoins and no one can freeze your money bitcoin transaction is on public but you cannot trace the people who are using bitcoin thats the reason why they use it and also fast transaction
Yeah this is the truth that the bitcoin can be use for the reason and the bitcoin is getting famous I hope he future of the bitcoin will be bright if the people who are aware of the other currencies and they will see the clear difference I know, the bitcoin is now able to use for everything and the bitcoin is able to be able to increase the power and the strength of the bitcoin I am very sure the bitcoin will be safe and people will not use this as the bad deeds.
full member
Activity: 193
Merit: 100
November 14, 2017, 03:37:27 AM
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.

This is old school, BTC is being used in silk road long ago, and have been scattered in the deep web even before I got here in this forum. But one must not just rely on that. Everything can be used in crimes, even casino chips so BTC is not to blame, the people who are doing bad things must be responsible not this technology.

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.

Then why are you here?
member
Activity: 112
Merit: 10
November 14, 2017, 03:32:09 AM
Every currency could be used for crime. It depends only on level of crimes... local, international, global, online crime....
full member
Activity: 476
Merit: 100
November 14, 2017, 03:23:46 AM
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.
Bitcoin is a money and it can also use in different crimes. I can say that the bitcoin have many disadvantages. I also saw a thread here in the forum that want to buy drugs using bitcoins. The bitcoin is gaining many bad images because many people are using bitcoin in crimes.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
November 14, 2017, 03:22:53 AM
Bruh what about when u pop a tenner to ur homie drug dealer for weed -.-

Weed is no longer considered as an illegal drug in many of the American states (and I hope many more states will follow this example, with the exception of the bible belt). The thing is that fiat cash is still used for the vast majority of the drug purchases. And even in dark markets, fully anonymous currencies such as Monero and Zcash have managed to dethrone Bitcoin.
full member
Activity: 140
Merit: 100
November 14, 2017, 03:19:29 AM
Yes bitcoin is really used in some sort of crimes because of the anonymity that it offers within your transactions.But paper money is also used and it was really the first currency to be used in crimes.I think not all the crimes were really made because of bitcoin.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
November 14, 2017, 03:12:31 AM
well, there may be some individuals who use bitcoin for crime. we can not resist it. even dollars are also commonly used for crime. well, all we have to do is try to use bitcoin in a good way.
legendary
Activity: 1330
Merit: 1019
November 14, 2017, 03:07:17 AM
Its just a trend, cryptocurrencies look harder to track so they use it. Simple logic
You are right the bitcoin is very hard to track and to be use but if you are not having the proper value and the profit, I am sure the future of the bitcoin will give you the proper value and the income I am very sure the bitcoin will increase in the value and this is the main reason why the bitcoin is getting famous I hope the bitcoin will give you the best value and the price as much as I can see.
full member
Activity: 322
Merit: 100
November 11, 2017, 10:12:32 AM
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.
All money can use to crimes bitcoin is only a money even it knows that this is a digital currency i see that bitcoin use to buy drugs and other things that related in crimes and some people scammed many people they are using bitcoin to scammes many people. Sad
newbie
Activity: 34
Merit: 0
November 11, 2017, 10:11:29 AM
you are right. only for this reason, every country is not agree to permit to use BTC for daily use.
Decentralized transaction means it is an illegal way and all smuggler are use this facilities for their criminal activities.
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