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Topic: Bitcoin Are Now Used in Crimes - page 51. (Read 13138 times)

newbie
Activity: 26
Merit: 0
October 13, 2017, 04:18:27 AM
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.

It's been used in crimes even when its just starting to gain fame in the deepweb, and so are other currencies. Every assets and valuable like money and gold or even goods and services can be used in crime, it has nothing to do with bitcoins system nor nature its working in too.

Well actually every criminal nearly use bitcoin to make money. This is also way some governments wants to stop it. On the other hand many people use it to make money.

So it is a difficult choice. They should disable the wallet of the criminals in my opinion. It is way better than.
hero member
Activity: 2716
Merit: 904
October 13, 2017, 04:08:28 AM
It is very possible to used Bitcoin for illegal transactions because it is also money that can be exchange in any form of goods, and I think it is used before just like ransomeware worm, or to buy drugs in darkweb.
member
Activity: 167
Merit: 10
October 13, 2017, 03:52:17 AM
This kind of publicity it's what big media wants to convince people that bitcoin it's bad, it's used for ilegal things..
 That's just BS.

The number 1 money used for buying drugs, terrorism and any illicit activity it is no other than USD.

To buy everything (legal or illegal) we use money, so to blame BTC because it's being used in ilegal markets it just not make any sense, let's blame USD,  EUR and any currency.
full member
Activity: 350
Merit: 100
BITDEPOSITARY - Make ICO's , More Secure
October 13, 2017, 02:58:42 AM
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.

It's been used in crimes even when its just starting to gain fame in the deepweb, and so are other currencies. Every assets and valuable like money and gold or even goods and services can be used in crime, it has nothing to do with bitcoins system nor nature its working in too.
full member
Activity: 322
Merit: 100
October 13, 2017, 02:49:39 AM
It is sad but true. Bitcoin was being used in dirty area since its beginning. That's the outcome of anonimyty unfortunately.
full member
Activity: 560
Merit: 100
October 13, 2017, 02:41:46 AM
I think law enforcement agencies today can't handle crime in online world. Criminals in online world are more cruel than criminals in the real world, because in the online world is very difficult to track.
Moreover, the current government still underestimate the online world criminals.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
October 13, 2017, 01:23:08 AM
Let me ask you something - do you think USD is used in crimes? Or EUR? Or any other fiat currency? Every time someone robs a bank, defrauds someone for money, gets it illegally or does anything illegal with it like bribery, buying drugs etc, etc... uses this currency for crime. Yet i don't see anyone talking about it in this way.

So it's like anything else, it's not inherently good or bad, it's just a mean with its purpose and usefulness.

Yes, they talk an insane amount of time about how money are used in crimes and how money itself are the problem and the reason for the crimes.They even talk how cash is dangerous because of bacteria, how it ha traces of drugs or blood or everything you can imagine.

Bitcoin makes some crimes easier, makes some crimes impossible and 99% of "criminals" don't really care about bitcoin.
It is easier to transfer funds with bitcoin, it is easier to sell illegal stuff with it but is also pretty much impossible to fund a terror group as they need $ and cash to pay their mercenaries and there is no exchange doing business in Raqqa.

Bitcoin is money, it's going to be used for crimes just like regular money, I don't see a crypto that is going to be crime free and not centralized and government controlled.




hero member
Activity: 887
Merit: 516
Bitcoin OG
October 12, 2017, 11:21:10 PM

The same goes for the United States Dollar, the Chinese Yuan, even World of Warcraft Gold is used for criminal activity. It doesn't define Bitcoin because it's found on the black market, 80-90% of people who use Bitcoin use it for legitimate purposes.
hero member
Activity: 966
Merit: 506
October 12, 2017, 11:02:30 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.

Yes bitcoin was and still use for illegal matters here in online world, we can see that on black market nowadays due to its anonymity which is so demanded and very useful to it and due to high price. But does it really matter if people use it for illegal as long as bitcoin has good volume and price it is good for us. You cant say that only illegal business are adopting bitcoin, many big legal companies are also using the bitcoins.
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
October 12, 2017, 10:56:37 PM
For shure they use and will for ever do,it´s untraceable and this is nice for weapondealers,etc.:
It's true bitcoin is used for illegal acts but as far as i know it there is no news that bitcoin is used by weapon dealers, the majority bitcoin is widely used for money laundering even for news if bitcoin is used for drug sales payments are still rarely.
full member
Activity: 461
Merit: 101
October 12, 2017, 10:56:21 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.
If the bitcoin is continue to be recognizable and being popular more by the people i know that there's someone that have an bad idead why he/she want to know the bitcoin. I have know a site who uses the bitcoin to baf activities or a crime. A site that called deepweb is a black market that you need bitcoin to buy illegal like drugs, firearms and illegal trafficking. But in the worst case scenario. (I dont know if it true) it is used in the killing people and toruture people as the payment too.
member
Activity: 98
Merit: 10
October 12, 2017, 10:54:31 PM
USD are also used around the world to pay for crimes. Thousands of crimes are sponsored by USD, it's not the question of form of payment.
full member
Activity: 640
Merit: 104
October 12, 2017, 10:49:01 PM
depending on the person's own personality, everyone has a different personality, you better use it for positive things like used for daily living and online transactions. everything that is done for the criminal will not make your life calm.
full member
Activity: 840
Merit: 106
Buzz App - Spin wheel, farm rewards
October 12, 2017, 10:44:20 PM
seeing the many crimes that people commit because they want to get BTC and buy something that is prohibited like drugs, I hope to make laws about the criminal regulations concerned with BTC.
hero member
Activity: 2996
Merit: 808
October 12, 2017, 08:26:20 PM
We hear more about bitcoin used in crime through media as they try to demonise it unfortunately for them publicity is all the same for bitcoin it still brings it to the forefront and more and more people know about it.
before bitcoin used as earning or payment method of common people,it was already popular in black marjet in doing crimes since its anonymous,we can used it without identity, it's just now that it considered beneficial when business and ICO tries it.
sr. member
Activity: 504
Merit: 251
★777Coin.com★ Fun BTC Casino!
October 12, 2017, 07:30:48 PM
We hear more about bitcoin used in crime through media as they try to demonise it unfortunately for them publicity is all the same for bitcoin it still brings it to the forefront and more and more people know about it.
newbie
Activity: 1
Merit: 0
October 12, 2017, 07:20:44 PM
For shure they use and will for ever do,it´s untraceable and this is nice for weapondealers,etc.:
member
Activity: 294
Merit: 10
October 12, 2017, 07:09:50 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.
very high bitcoin values will attract people to have them, good people will use bitcoin for good too but there are some people or some bad parties using bitcoin for malicious purposes, they use bitcoin for gambling, buy drugs or to blackmail people with bitcoin ransom
full member
Activity: 319
Merit: 100
October 12, 2017, 05:27:15 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.
Money can be used in any crimes because it is money, you can buy anything you want because of it. Bitcoin is also a type of money in which it use in diffdrent online transactions.
sr. member
Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
October 12, 2017, 05:23:00 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.
Criminals mainly use their bitcoins to launder money and the process is an everlasting cycle through cryptocurrency exchanges, that is why a lot country are trying to regulate how these exchanges are operated and i think its a wise choice.
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