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Topic: Bitcoin Are Now Used in Crimes - page 38. (Read 13106 times)

sr. member
Activity: 325
Merit: 250
October 30, 2017, 03:25:35 PM
Definition of a crime is something that seems to fluctuate time over time and country over country.
+  Cash has  been the no 1 crime currency + Cash itself is a crime 
newbie
Activity: 27
Merit: 0
October 30, 2017, 03:04:23 PM
bitcoin was always used for crimes I guess. actually this is the reason why I am so late for buying bitcoin.

it was 4 or 5 years ago when I first heard of Bitcoin while we were surfing in the deep web. we found a guy who says he’s a professional killer and he wants some bitcoin in return. most of the criminals in deep web wanted to be paid with bitcoin. naturally, we thought that this bitcoin is just made for criminals to get paid. it seems to me that this is something dangerous, so I didn’t buy any in the next few years too. because I didn’t want to end up in a jail  Cheesy

I learned the truth just a year ago.

if I bought a cople of bitcoins at that time, my life would have been eaiser  Roll Eyes
full member
Activity: 406
Merit: 107
October 30, 2017, 02:52:19 PM
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.
Interesting opinion) With which it is impossible to disagree) Bitcoin it's really a huge Losaka of impunity scams. Many are asked to conduct payment using bitkoyntov. It is not possible to track who is the addressee, but scammers very often make mistakes when cashing bitkoyntov, and due to the openness of transactions to calculate intruders sometimes it works.
sr. member
Activity: 812
Merit: 317
October 30, 2017, 02:21:58 PM
Bitcoin, like all items of the material and non-material world, can and will be used for criminal purposes. We need to stop focusing our attention on this moment. This is not our problem, but the problem of law enforcement agencies is to establish and expose criminals. This moment can not significantly affect the necessity and importance of bitcoin and other crypto currency for the world community.
but the fact is that if there is a crypto currency more and more often noticed in use for buying or selling drugs, as well as weapons, this can greatly affect those qualities of the crypto currency that everyone uses. I'm not talking about using crypto currency by terrorists.
full member
Activity: 258
Merit: 100
October 30, 2017, 02:19:14 PM
Bitcoin, like all items of the material and non-material world, can and will be used for criminal purposes. We need to stop focusing our attention on this moment. This is not our problem, but the problem of law enforcement agencies is to establish and expose criminals. This moment can not significantly affect the necessity and importance of bitcoin and other crypto currency for the world community.
hero member
Activity: 1778
Merit: 520
October 30, 2017, 01:29:10 PM
Criminals are also using the traditional fiat currency to complete their transactions for illegal activities, so we can not blame the bitcoins. It is really hard to stop the use of bitcoins for illegal and criminal activities; criminal prefers bitcoins due to the anonymity and safety from government authorities.
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
October 30, 2017, 01:17:09 PM
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.

Yss bitcoins are being used in crimes i already knew that before i get involved in this and as a matter of fact, I first knew about bitcoins as a money for crime because it is a decentralized coin so government cannot track them down. And as a red an article it is about a Year ago, yeah it is used to buy drugs used to hire for a hitman and anything that bad. I don't knqo today if it is atill used for crime I hope not because that will be a cause of banning of bitcoins and we dont want this to be banned because this is our source of income.
Thats right, nowadays they used it as a tool in crimes because they need to hide there illegal transaction through using bitcoin, like buying or selling drug,weapon and all cyber crime you know. So until now the criminality in internet site is increase even more.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
October 30, 2017, 12:59:54 PM
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.

People talk about the issue where bitcoin and other cryptocurrencies should be taxed because it can help fund the governing especially now the market value is high. Some says that not paying for taxes like here in bitcoin is considered as a criminal act.
But I think the more important issue to take notice here is that criminality rate because illegal transactions like drugs and guns have been made with bitcoin according to some online articles.
Bitcoin is regulated by the government so we really cannot expect people won't do anything illegal. But I still love and still use bitcoin tho.
full member
Activity: 336
Merit: 100
October 30, 2017, 12:48:52 PM
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.
that's true because bitcoin does not use the original identity of the owner. that's why bitcoin is used as a tool for crime. but not all those who have bitcoin is evil. only irresponsible people who damage the good name of bitcoin.
In my opinion, if you using Bitcoin to evade taxes from the government, I think you are also the criminal. Especially, you are using it for business, that is the reason the government never want to accept Bitcoin is legally because they can not manage it. We need to actively pay taxes and declare our assets, revenue in Bitcoin, it is necessary to helps Bitcoin becomes fresh.

I have to agree with this. There is an amount of work on our part to do to help de-stigmatize bitcoin. Being more transparent with it would serve that end.
legendary
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
October 30, 2017, 12:44:11 PM
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.
that's true because bitcoin does not use the original identity of the owner. that's why bitcoin is used as a tool for crime. but not all those who have bitcoin is evil. only irresponsible people who damage the good name of bitcoin.
In my opinion, if you using Bitcoin to evade taxes from the government, I think you are also the criminal. Especially, you are using it for business, that is the reason the government never want to accept Bitcoin is legally because they can not manage it. We need to actively pay taxes and declare our assets, revenue in Bitcoin, it is necessary to helps Bitcoin becomes fresh.
hero member
Activity: 620
Merit: 500
October 29, 2017, 08:39:27 AM
Bitcoins are now using by criminals in completing their crimes.  As bitcoins allow transaction freedom,  that is transaction across accounts without involving third party,  which means these two persons are not answerable to anyone about how,  why,  when, what like questions.  Bitcoin comes with the freedom of fees less transaction.  Many drugs dealers accept bitcoin in exchange with bitcoin.  Bitcoins offers a number of benefits that allow them to continue their illegal activities without any interference of any authority.
full member
Activity: 140
Merit: 100
🌟ATLANT ICO: 7/09/17🌟
October 29, 2017, 07:48:35 AM
So is cash. Money will always be used by criminals as they are on the fringe of the market and always use the most cutting edge technology, but BTC's system is designed to thwart bad actors and promote good.
full member
Activity: 241
Merit: 100
October 29, 2017, 05:53:55 AM
not just now, btc is used for crime from the beginning of its leap, so many countries are banning btc transactions. but not everything related to btc is negative, on the other hand btc helps the miner economy use it to improve the quality of life without gambling, illegal trade, etc.
full member
Activity: 214
Merit: 101
October 28, 2017, 08:59:24 PM
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.
that's true because bitcoin does not use the original identity of the owner. that's why bitcoin is used as a tool for crime. but not all those who have bitcoin is evil. only irresponsible people who damage the good name of bitcoin.
sr. member
Activity: 714
Merit: 250
October 28, 2017, 08:52:24 PM
Actually bitcoin now is mostly used by good people, most of bitcoin transactions are in exchange site and online business. The number of crime using bitcoin now is smaller than the past.  So bitcoin now is very positive, and it also give the users a lot of benefits.
member
Activity: 76
Merit: 10
October 28, 2017, 08:48:01 PM
Bitcoin might be used in Crimes but now they are in limelight governments are more concerned and aware of various aspects. Sooner we might see the regulations in crypto space and thus use of Bitcoin in crimes would be decrease if not stopped. 
member
Activity: 252
Merit: 10
October 28, 2017, 08:39:16 PM
Bitcoin has effected in both wrong and good ways among the people. As bitcoin can use as black money its obvious that crimes can be conducted using Bitcoin market. Reason is that sender and receiver of the bitcoin is unknown.
full member
Activity: 420
Merit: 106
October 28, 2017, 08:22:58 PM
This is definitely right there are some cases that bitcoin is use in a i legal transaction like buying drugs, guns human trafficking and i also read on a deep web articles that bitcoin is now being implemented to use as a main medium of payment in deep web.   
full member
Activity: 322
Merit: 100
October 28, 2017, 05:07:38 PM
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.

Yss bitcoins are being used in crimes i already knew that before i get involved in this and as a matter of fact, I first knew about bitcoins as a money for crime because it is a decentralized coin so government cannot track them down. And as a red an article it is about a Year ago, yeah it is used to buy drugs used to hire for a hitman and anything that bad. I don't knqo today if it is atill used for crime I hope not because that will be a cause of banning of bitcoins and we dont want this to be banned because this is our source of income.
legendary
Activity: 3906
Merit: 1373
October 28, 2017, 04:58:37 PM
All fiat is used in crimes. All usage of fiat is criminal... even buying groceries. Why? Because the whole fiat system is criminal. The banks are criminal in their operation and creation of fiat. Fiat is a complete Ponzi. Using it is a criminal activity.

At least Bitcoin isn't criminal at its core like fiat is.

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