Not only bitcoin but all the valuable things are always used in crimes as a weapon. Earlier days people used to get robbed for gold, silver valuable articles etc. Now they got cheated by fake currencies, cheques or get robbed while doing online trading. Current rate of 1 bitcoin is Rs.3,12,788/- no cuerrency have this much value so its obvious that all illegal activists get attracted. They can sell or buy things online & pay by Bitcoins because they are not traceable. They can ask money of ransom in the form of bitcoins. We cannot stop them.
you are right, actually not the fault of bitcoin, but people who use it for crime. bitcoin has the best chance for it because it is anonymous so it is very difficult to trace. 
Topic: Bitcoin Are Now Used in Crimes - page 54. (Read 13138 times)
Whether we like it or not, yes, bitcoon can be used to a crime. It can be used to pay for illegal activities or as a ransom money without being detected that it is. It will be hard to trace because it can't be used like marked money and you can transfer it to different wallets.
This sounds very disappointing to me..
That's it, there are still some people who using bitcoin in crime (disgraceful behavior) in this world. Well this is what makes the good name of bitcoin to be tarnished and the government can be ban to using of bitcoin due to many actions like this.
That's it, there are still some people who using bitcoin in crime (disgraceful behavior) in this world. Well this is what makes the good name of bitcoin to be tarnished and the government can be ban to using of bitcoin due to many actions like this.
It was and still is used for crime. That's the main perception of bitcoin too. There will be regulation that has to be done to make it widespread and fully legal.
I thought its already used its just like to pay a kidnapper for a ransome and to pay a drugs sellers or whoever people do bad things or criminal way to other humans i wish no one can be used it to a bad crimes. I'm so worried about talking criminal cases.
Well because bitcoin is a virtual currency and non traceable. People buy and sell their illegal products by bitcoin but even other currencies are used in such illegal activities. This make no sense that we should point out bitcoin for that.
There aren't only virtual crimes related to Bitcoin, but physical too. I have seen stories of people selling "Physical Bitcoins", like those BTC coins we see on many online pictures. Thieves say these coins have physical price and that are real Bitcoins...
And that is just the beginning, Bitcoin will be used even more as tool by thieves to steal others.
expect those things to happen because criminals dont have any exemptions if bitcoin succeed then most of them will divert their attention to bitcoinAnd that is just the beginning, Bitcoin will be used even more as tool by thieves to steal others.
as well, better to think for positive side and don't let your self being affected of something that won't help the growth of your knowledge about this
investment currency just be positive as always.
There aren't only virtual crimes related to Bitcoin, but physical too. I have seen stories of people selling "Physical Bitcoins", like those BTC coins we see on many online pictures. Thieves say these coins have physical price and that are real Bitcoins...
And that is just the beginning, Bitcoin will be used even more as tool by thieves to steal others.
And that is just the beginning, Bitcoin will be used even more as tool by thieves to steal others.
Bitcoins have always been used for crimes. You can look back and see for yourself ie. Silkroad. I doubt that's going to change anytime soon, but that shouldn't be a reason for people not to accept Bitcoins. I see people who make this argument all the time. You can make the same argument that USD has been used for crimes, but that doesn't stop people from not using it.
Crimes are now being smart in many ways. Because this is one issue why some government are having doubts on adopting bitcoin. In a way we all are making illegal transaction because bitcoin is virtual. And if the government can't control it, they will just acknowledge it as illegal. Bitcoin is becoming a multi-million dollar investments and there are more internet protocols to be followed than before.
While it's true that every currency or valuable asset can instigate criminals, it's also true that cryptocurrencies currently have a 'wild west' feel to them with the decentralization, lack of regulation and lots of scams and potential gains available. That said, it will be fine.
Any currency that is available in this world is and have been used indirectly or directly by criminal syndicates or individuals. Those news, articles and commentators that are against cryptocurrency are organised to point this issue to bitcoin for it is self interest on they’re investments or being manipulated by companies for black propaganda.
This won’t never affect the price of bitcoin and the trust of investors will not lessen as they or we all know what they really after. This insecurity is a manifestation that they’re been affected by the popularity of bitcoin.
Don’t listen to what they said, after all they really don’t care about our money they cared the most on they’re profits.
That's the true fact, each and every currency available around the globe has been used for crime through some form. This can happen directly or through some other means. Bitcoin too is not an exception due to the unique features it has got, now the usage of bitcoin into illegals and crimes have decreased a lot than the past days. This won’t never affect the price of bitcoin and the trust of investors will not lessen as they or we all know what they really after. This insecurity is a manifestation that they’re been affected by the popularity of bitcoin.
Don’t listen to what they said, after all they really don’t care about our money they cared the most on they’re profits.
Any currency that is available in this world is and have been used indirectly or directly by criminal syndicates or individuals. Those news, articles and commentators that are against cryptocurrency are organised to point this issue to bitcoin for it is self interest on they’re investments or being manipulated by companies for black propaganda.
This won’t never affect the price of bitcoin and the trust of investors will not lessen as they or we all know what they really after. This insecurity is a manifestation that they’re been affected by the popularity of bitcoin.
Don’t listen to what they said, after all they really don’t care about our money they cared the most on they’re profits.
This won’t never affect the price of bitcoin and the trust of investors will not lessen as they or we all know what they really after. This insecurity is a manifestation that they’re been affected by the popularity of bitcoin.
Don’t listen to what they said, after all they really don’t care about our money they cared the most on they’re profits.
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.
Bitcoin is not entirely untraceable. Imagine your transaction history as an anonymous online profile. If you post enough personal information in the profile, it can still be tracked back to you even if it is anonymous. It's the same with tracking a chain of bitcoin transactions.
The question we should be asking is how much has criminal adobtion added to the price, and how much would the price fall on if governments were to get a handle on it.
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.
Is this true? Thats what im thinking that this can be use for a crime because its un traceable. Do you think they might stop Bitcoin. I mean you know “bitcoin is over”? 
Not only bitcoin but all the valuable things are always used in crimes as a weapon. Earlier days people used to get robbed for gold, silver valuable articles etc. Now they got cheated by fake currencies, cheques or get robbed while doing online trading. Current rate of 1 bitcoin is Rs.3,12,788/- no cuerrency have this much value so its obvious that all illegal activists get attracted. They can sell or buy things online & pay by Bitcoins because they are not traceable. They can ask money of ransom in the form of bitcoins. We cannot stop them.
I do believe now that everything that involves of great value will eventually be penetrated by criminals. So counterfeiting this currency is even probable nowadays. So, regulating its use is now more of a concern to every states or country. The reason behind is as of now, we don't register our wallets, and wallets cannot be covered by bank secrecy law since these digital wallets were not yet defined by law in so many countries who adapted this digital currency.
It's not something new, actually. When there's opportunity, then criminals will come in. Not to mention bitcoin is a great way for criminals to earned lots of money. It's not only applies on bitcoin, but others too. Well, so if we're well prepared then something like that is not likely to happen.
Not only bitcoin but all the valuable things are always used in crimes as a weapon. Earlier days people used to get robbed for gold, silver valuable articles etc. Now they got cheated by fake currencies, cheques or get robbed while doing online trading. Current rate of 1 bitcoin is Rs.3,12,788/- no cuerrency have this much value so its obvious that all illegal activists get attracted. They can sell or buy things online & pay by Bitcoins because they are not traceable. They can ask money of ransom in the form of bitcoins. We cannot stop them.
Well i must agree that with bitcoin criminals have a better payment method for his purpose, but it does not mean that thanks to bitcoin there will be more crimes.
Before made a transaction there must be a product and a logistic to trade it, why bitcoin should be the main problem on it?, no, bitcoin does not help to catch criminals, ofc, but is not the problem for sure...
I have seen it and it is true.
Illegal weapons are the most of the trade. They will use bitcoin to avoid being traced and it works fine for them.
Now that bitcoin price is huge. It will be more easy for them to transact.
Illegal weapons are the most of the trade. They will use bitcoin to avoid being traced and it works fine for them.
Now that bitcoin price is huge. It will be more easy for them to transact.
Before made a transaction there must be a product and a logistic to trade it, why bitcoin should be the main problem on it?, no, bitcoin does not help to catch criminals, ofc, but is not the problem for sure...
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 are now used in crimes not only for earning and not only to buy things in the online market and black market not only for the transaction,yeah bitcoin are used in crime now i am sure that someone will know about the site called "deep web" its a black market that need to used only bitcoin to buy illegal. likes illegal firearms illegal trafficking and illegal drugs. but not all of that only when you researched about this site in the deep of deep web we know the darkweb . when i searched about it in the youtube and find articles bad people used bitcoin for the unhuman activities like killing people and torture. 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.
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