Bitcoin Remains Most Popular Digital Currency on Dark Web

ajrah

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Quote from: armansolis593 on March 26, 2016, 07:38:48 AM

Quote from: ajrah on March 26, 2016, 06:48:25 AM

Because of dark web or deep web i knew this bitcoin..,but there are many transactions in yhe datk web that use bitcoins on illegal transactions. It is too dangerous to buy on that site if we are. Non pro on hacking or hiding some of our info for not to be trce by FBI

The dark web really is a venue for all illegal activities for the web that was FBI is chasing people there.
Many people with the connection with drugs and guns do transaction there.

Yes, so that we avoid that sites on entering deep web ,all illegal , secrets activities by the governments most atrictly is downloading any secret files and dealing with any transaction there.
My purpose of visiting that web is for getting to now what is totally happening on our country .

randy8777

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Quote from: maxj57634 on March 26, 2016, 08:59:51 AM

Quote from: ekoice on March 26, 2016, 08:46:19 AM

Quote from: OmegaStarScream on March 22, 2016, 07:34:24 AM

It's a known fact and we also can't deny the fact that the Darkweb in general give a boost for Bitcoin price . (Silk road for example)

I am aware through some comments of people that Darkweb is helpful to boost price for bitcoins
because of bitcoin's anonymity. Some might think that it's good to use on dark web and I'm not amazed with that as well but my only concern is about the legality and price of bitcoin and I do agree with those friends as well. I am scared only that this issue might not make bitcoins closed or banned or such type of similar stuff Huh

Nah bitcoin wont get banned by the people doing on dark web,bitcoin is not the only currency that is being used in dark web fiats is still being used there.

fiat in the form of prepaid debit cards are also being used to purchase drugs or other illegal stuff. but it's always bitcoin that is blamed for all things that happen on the dark net. this only shows that bitcoin is growing throughout the entire internet. governments don't like seeing bitcoin grow as they see it is some sort of a threat to their economy. they just use the dark web as reason to blame bitcoin for being the currency of the underworld. the real motive behind this is completely different. and that is pushing bitcoin back.

maxj57634

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Quote from: ekoice on March 26, 2016, 08:46:19 AM

Quote from: OmegaStarScream on March 22, 2016, 07:34:24 AM

It's a known fact and we also can't deny the fact that the Darkweb in general give a boost for Bitcoin price . (Silk road for example)

I am aware through some comments of people that Darkweb is helpful to boost price for bitcoins
because of bitcoin's anonymity. Some might think that it's good to use on dark web and I'm not amazed with that as well but my only concern is about the legality and price of bitcoin and I do agree with those friends as well. I am scared only that this issue might not make bitcoins closed or banned or such type of similar stuff Huh

Nah bitcoin wont get banned by the people doing on dark web,bitcoin is not the only currency that is being used in dark web fiats is still being used there.

ekoice

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Quote from: OmegaStarScream on March 22, 2016, 07:34:24 AM

It's a known fact and we also can't deny the fact that the Darkweb in general give a boost for Bitcoin price . (Silk road for example)

I am aware through some comments of people that Darkweb is helpful to boost price for bitcoins
because of bitcoin's anonymity. Some might think that it's good to use on dark web and I'm not amazed with that as well but my only concern is about the legality and price of bitcoin and I do agree with those friends as well. I am scared only that this issue might not make bitcoins closed or banned or such type of similar stuff Huh

armansolis593

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Quote from: ajrah on March 26, 2016, 06:48:25 AM

Because of dark web or deep web i knew this bitcoin..,but there are many transactions in yhe datk web that use bitcoins on illegal transactions. It is too dangerous to buy on that site if we are. Non pro on hacking or hiding some of our info for not to be trce by FBI

The dark web really is a venue for all illegal activities for the web that was FBI is chasing people there.
Many people with the connection with drugs and guns do transaction there.

ajrah

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Because of dark web or deep web i knew this bitcoin..,but there are many transactions in yhe datk web that use bitcoins on illegal transactions. It is too dangerous to buy on that site if we are. Non pro on hacking or hiding some of our info for not to be trce by FBI

alisafidel58

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Quote from: rio3233 on March 26, 2016, 05:53:32 AM

Yeah, i think most people already know that bitcoin is most popular on dark web. I think it's because the anonymous and easy transaction for to be a payment on dark web.

Its because there are so many illegal activities in darkweb and bitcoin is the only payment system they can think of with them being track for the transaction they are making.

rio3233

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Yeah, i think most people already know that bitcoin is most popular on dark web. I think it's because the anonymous and easy transaction for to be a payment on dark web.

RealPhotoshoper

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Quote from: alyssa85 on March 22, 2016, 07:14:44 AM

http://www.coindesk.com/bitcoin-remains-most-popular-digital-currency-on-dark-web/

Quote

Two professors at the Department of War Studies at King’s College London have published the results of their deep dive into The Onion Router, or Tor, network, which is designed to make it difficult to track the activity of online users.

The study found that websites offered illicit goods and services in 12 categories, including finance, and that bitcoin was still the digital currency of choice for conducting a wide range of other transactions.

“Bitcoin is the most common currency employed in all Tor hidden-services trade,” wrote Daniel Moore, a cyber-threat intelligence engineer in the Department of War Studies.

The report, "Cryptopolitik and the Darknet,” which appeared in the February-March edition of Survival: Global Politics and Strategy, analyzed about 300,000 web addresses, identifying 5,205 live websites, out of which 2,723 were classified as illicit with a “high degree of confidence.”

most popular not mean most used by people on dark web,i'm sure paypal also have so many user,bitcoin become popular becuase this currency still new and paypal earlier,but we must be keep focus to make bitcoin more popular on dark web and in real life.

jethrorn99

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Quote from: doublemore on March 26, 2016, 04:35:24 AM

It might well e the most popular on the dark web but that doesn't mean most people use bitcoin just for crime. Also fiat cash is the most used for crime but its useless to use it online thats the only reason why its not #1.

True. Bitcoin is used more because it's more anonymous than fiat. Transferring money from banks is much much riskier than transfering bitcoin.

Denker

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And paying in cash remains to be the preferred payment method in real life dark and grey markets!
So what is the deal here?

trenchflaint

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Quote from: talkbitcoin on March 26, 2016, 04:47:24 AM

well considering the fact that altcoins doesn't have that much real world usage, and also the anonymity that bitcoin offers (as long as you don't link it with your bank account) bitcoin is the easiest way for darkweb.

the question here is what percentage of bitcoin usage is in darkweb?

I think 30-40 percent of users of bitcoin spend it in darkwebs,market in dark web is much alive with the use of bitcoin,theres a lot of money being transacted there day by day.

talkbitcoin

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All I know is that I know nothing.

well considering the fact that altcoins doesn't have that much real world usage, and also the anonymity that bitcoin offers (as long as you don't link it with your bank account) bitcoin is the easiest way for darkweb.

the question here is what percentage of bitcoin usage is in darkweb?

doublemore

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It might well e the most popular on the dark web but that doesn't mean most people use bitcoin just for crime. Also fiat cash is the most used for crime but its useless to use it online thats the only reason why its not #1.

Kprawn

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Quote from: lumeire on March 26, 2016, 04:03:01 AM

Quote from: Kakmakr on March 23, 2016, 01:26:09 AM

Bitcoin would have looked quite stupid, if there were anything you could not buy or trade for it. Imagine people only used cash for medicine and PayPal for paying for their booze. Bitcoin does not discriminate against any product or service. This whole debate about Bitcoin being used to buy illicit goods and services on the Dark Web is becoming stupid. Most people can go out, get a fake identity and open up a PayPal account or get a homeless guy to open up a bank account for them.

Money opens up a lot of doors for illegal activities and people will find any possible way to capitalize on these loopholes. If they chose to use Bitcoin, and they are stupid enough to think that it is anonymous, let them do that. ^hmmmm^

Actually they aren't stupid to do that. It's so difficult to transact in the dark web before bitcoin. BTC opened them up for all the opportunities.

How did these people transact before Bitcoin was around? They used hacked or stolen credit cards or PayPal accounts. Those things are freely available, if you use the correct methods to obtain them.

You cannot blame the Bitcoin technology for the deeds of people... The people will use whatever method that is available to obtain the illegal goods they want. If you are hooked on drugs, you will use

the quickest method to get to that drug. { In many cases people are robbed and their physical credit card used to buy drugs on the Dark web } Is this not more harmful?

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Quote from: Kakmakr on March 23, 2016, 01:26:09 AM

Bitcoin would have looked quite stupid, if there were anything you could not buy or trade for it. Imagine people only used cash for medicine and PayPal for paying for their booze. Bitcoin does not discriminate against any product or service. This whole debate about Bitcoin being used to buy illicit goods and services on the Dark Web is becoming stupid. Most people can go out, get a fake identity and open up a PayPal account or get a homeless guy to open up a bank account for them.

Money opens up a lot of doors for illegal activities and people will find any possible way to capitalize on these loopholes. If they chose to use Bitcoin, and they are stupid enough to think that it is anonymous, let them do that. ^hmmmm^

Actually they aren't stupid to do that. It's so difficult to transact in the dark web before bitcoin. BTC opened them up for all the opportunities.

arseaboy

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It should be because the flexibility of using this coin and popularity that allowed now more transaction to be done privately no need of giving your personal info, that's what the dark web needs transaction to be completed as easy as possible.

Kakmakr

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Bitcoin would have looked quite stupid, if there were anything you could not buy or trade for it. Imagine people only used cash for medicine and PayPal for paying for their booze. Bitcoin does not discriminate against any product or service. This whole debate about Bitcoin being used to buy illicit goods and services on the Dark Web is becoming stupid. Most people can go out, get a fake identity and open up a PayPal account or get a homeless guy to open up a bank account for them.

Money opens up a lot of doors for illegal activities and people will find any possible way to capitalize on these loopholes. If they chose to use Bitcoin, and they are stupid enough to think that it is anonymous, let them do that. ^hmmmm^

relq

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Well, i think it's because using bitcoins for payment it's make you stay anonymous. and it's also easy to use, small fee transaction and fast transaction. It's really suit with Dark Web.

Genius Einstein

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Everybody know that. Pretty interesting question though.

Topic: Bitcoin Remains Most Popular Digital Currency on Dark Web (Read 1645 times)