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Topic: Can Bitcoin rise up criminality rate ?!!! - page 2. (Read 493 times)

jr. member
Activity: 126
Merit: 1
It may and can possibly do make a lot of people go crazy and do a lot of things for themselves for bitcoin. Even now, a lot of people is using bitcoin for fraud and stealing, that very thing is an evidence of how much it can happen in the future.
member
Activity: 280
Merit: 10
Can Bitcoin rise up criminality rate
I guess this statement is works backwards. In my opinion, the criminal rate can rise up BTC price. What do you think about this?
Any rise in Bitcoin price is completely independent to rise in crimes. It is mostly affected by the rule of supply and demand together with large scale pump and dump groups. Bitcoin price affecting criminal rate is somewhat aggreable since more thieves will engage into crypto.
member
Activity: 336
Merit: 14
The same criminals would probably just use bitcoins in laundering the proceeds from their activities. Anonymity and untraceable transactions are two of the reasons why these people are attracted to cryptocurrency. Governments must ensure that no new category of (Crypto?) crime would emerge as a result from this new currency/technology.
newbie
Activity: 24
Merit: 0
Nothing can raise the criminality rate more than the dollar.
newbie
Activity: 70
Merit: 0
not with bitcoin, maybe with monero or zcash as they are untracable and the blockchain is not public
sr. member
Activity: 568
Merit: 254
I wonder if this cryptomarket will end up to have like high marks on the mafia-market and if people would start to make like ''crazy'' decisions when it comes to BTC !!
Wise criminals will use fiat than Bitcoin because even though bitcoin is anonymous, it is still traceable. Mafia knows it and they will not use it in illegal activities because there is a high probability that they might caught. Politician also hate Bitcoin because it is traceable if they use it in corruption.
newbie
Activity: 84
Merit: 0
Can Bitcoin rise up criminality rate
I guess this statement is works backwards. In my opinion, the criminal rate can rise up BTC price. What do you think about this?
member
Activity: 518
Merit: 11
I wonder if this cryptomarket will end up to have like high marks on the mafia-market and if people would start to make like ''crazy'' decisions when it comes to BTC !!

just relax bitcoin is now preparing to start bitcoin price recovery and bitcoin prices will return to $ 20k again, we are just waiting for good news from bitcoin in order to help increase the bitcoin price.
newbie
Activity: 112
Merit: 0
Sure, just like anything else. Just like the old saying goes "Guns Don't Kill People. People Kill People."
sr. member
Activity: 518
Merit: 250
that's strange that although all the bitcoin transactions are transparent people can easily use it to buy drugs, sell weapons to terrorists and all that stuff. They do it cause governments can't control it. But may be we need some non-governmental institution that will keep an eye on that kind of things.
member
Activity: 742
Merit: 12
Bitcoin can increase but they can be caught. Here is a details statement how criminal can get caught if they use Bitcoin for criminal activities http://www.sciencemag.org/news/2016/03/why-criminals-cant-hide-behind-bitcoin
Now think about other coin like PIBX, XMR, Komodo, Zcoin which is highly promised to stay anonymous.
legendary
Activity: 3094
Merit: 1069
DGbet.fun - Crypto Sportsbook
BTC is just a tool and how you use it depends on yourself. If it were not BTC it could have been something else.
Yeah, it have raised the level of anonymity but again we can't ignore it's positive side.
full member
Activity: 532
Merit: 114
Criminality rate is on the rise or otherwise due to many factors with or without bitcoin. Ethical issues might be a major concern in the minds of many, but from what one sees, it acts only as an excuse not a deterrent regarding investments.
sr. member
Activity: 979
Merit: 258
I wonder if this cryptomarket will end up to have like high marks on the mafia-market and if people would start to make like ''crazy'' decisions when it comes to BTC !!
Yes bitcoin can rise up the criminality state but not in that way. In the way that the people used the bitcoin to do bad in the environment or in one people. Like in the one site. Until now, the deepweb is still alive and we know that this site is moro on the illegal site that only used the bitcoin. And because of this, the bitcoin has a bad image.
newbie
Activity: 120
Merit: 0
I wonder if this cryptomarket will end up to have like high marks on the mafia-market and if people would start to make like ''crazy'' decisions when it comes to BTC !!

That's just absurdly when the people says that cryptocurrency leqads to the rising of crime. Doesn't that mafia guys doing crime stuff with fiats? Dont you think that nothing would change the situation?
full member
Activity: 490
Merit: 107
Most of them are targeting altcoins such as Monero and other privacy coins where these transactions cannot be traced. It is why government regulation is necessary to control and minimize anti-money laundering tactics. It is one way for us investors to be protected from fraud and scam attempts.

Just like in North Korea, they have hackers who stole lots of altcoins from the counterpart South Korea. I agree that even if it cannot be stopped, it can be regulated by the government as soon as possible.
Yes its possible because many criminal use not only bitcoin but some altcoin too, they used it to not trace by there doing illegal transaction. So that they do whatever they do because they will be not recognize or can hide there true identity and the rate of criminality is increasing.
In all any monetary aspects either crypto or fiat there's always or would entail burglar, scammers,  hackers swindlers and everything. Because people would always want easy money the only thing that we  can do is don't lower your  guard know all possible safety precautions before investing or making any transaction.
newbie
Activity: 168
Merit: 0
Crime in crypto ??

I think is look like impossible.
Because the crypto is run by itself like A.I in game.
So, if crime like hacker i think is impossible to do that.
But yeah i afraid to if my asset can be hack by hacker.
I hope blockchain always safe.

I think the only few possibilities are hackers and thieves when it comes to your personal coins.

But for ICOs, for example, scams can be considered criminality as well.
jr. member
Activity: 140
Merit: 1
If we try to look of some criminalities that bitcoin involves, it is something beyond the word speculations and without any reliable or proof of evidence. I heard a news about robbery groups robs a person who owns a business bitcoin exchanger, but it is likely a form of a fake news. Some people also says that bitcoin used for buying drugs, although it can be possible to happen but there is nothing to worry about that, because those kind of issues would not affects the total operations of cryptocurrency business.
hero member
Activity: 1498
Merit: 586
Most of them are targeting altcoins such as Monero and other privacy coins where these transactions cannot be traced. It is why government regulation is necessary to control and minimize anti-money laundering tactics. It is one way for us investors to be protected from fraud and scam attempts.

Just like in North Korea, they have hackers who stole lots of altcoins from the counterpart South Korea. I agree that even if it cannot be stopped, it can be regulated by the government as soon as possible.
Yes its possible because many criminal use not only bitcoin but some altcoin too, they used it to not trace by there doing illegal transaction. So that they do whatever they do because they will be not recognize or can hide there true identity and the rate of criminality is increasing.
hero member
Activity: 2282
Merit: 659
Looking for gigs
Most of them are targeting altcoins such as Monero and other privacy coins where these transactions cannot be traced. It is why government regulation is necessary to control and minimize anti-money laundering tactics. It is one way for us investors to be protected from fraud and scam attempts.

Just like in North Korea, they have hackers who stole lots of altcoins from the counterpart South Korea. I agree that even if it cannot be stopped, it can be regulated by the government as soon as possible.
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