I'd be more concerned that it was a scam, rather than stolen coins or something. I mean why would someone sell way under market value?
On what platform have you received such a deal?
Topic: Can we know specific bitcoin is stolen goods? - page 3. (Read 465 times)
For example, if some guy approach me and he want to sell bitcoin at low price, but big amount,
is this acceptable? or not? Why?
iT is acceptable if you both agree on your each terms, actually there are a lot of people who do buying and selling bitcoin by meetups but of course be very cautious on every transactions you do specially if it is what you said BIG AMOUNT, your life will be on danger too, if the man/ woman you want to trasact is a scammer or kidnapper, all your work will be gone. Actually if you would buy cheap bitcoin and the transaction of the both of you succeed you will gain a lot of profit. is this acceptable? or not? Why?
There is such a concept known as "tainted coins". You can read the inputs on this link for more information, but basically, since Bitcoins can be traced, it's possible to know which ones have been stolen. It's not very reliable though, unless you've actually followed the traces of a hack from its origin. You probably could get in trouble for buying stolen coins, but only because authorities might think you're the thief or are related to the heist.
As for whether or not you should buy in that situation, remember: if something is too good to be true, it probably is.
As for whether or not you should buy in that situation, remember: if something is too good to be true, it probably is.
This is poor logic. I imagine everyone has been involved in handling stolen cash/counterfeited cash. Doesn't mean they are guilty of heists/making them. Bitcoin is the same, and identifying whether someone has been involved in a hack/heist or what ever would actually be difficult after a few transactions. Especially with the amount of mixing services/exchanges which just make it easier for the transactions to look legitimate.
For example, if some guy approach me and he want to sell bitcoin at low price, but big amount,
is this acceptable? or not? Why?
is this acceptable? or not? Why?
There is such a concept known as "tainted coins". You can read the inputs on this link for more information, but basically, since Bitcoins can be traced, it's possible to know which ones have been stolen. It's not very reliable though, unless you've actually followed the traces of a hack from its origin. You probably could get in trouble for buying stolen coins, but only because authorities might think you're the thief or are related to the heist.
As for whether or not you should buy in that situation, remember: if something is too good to be true, it probably is.
For example, if some guy approach me and he want to sell bitcoin at low price, but big amount,
is this acceptable? or not? Why?
is this acceptable? or not? Why?
that acceptable i guess buy and sell is have some agreement in it, when someone sell it that mean that man wanting to getting profit in it, and you as a buyer cause you seeing a need in it and you need that too
It could be yours if you buy by meeting each seller, and if you buy the way you send your money first, you better do not do it, because it could be fraud, that's my opinion.
You can't track btc. It's anonymous and is developed for being anonymous. Moreover people use mixing services so that their coins won't get tracked. We don't need a KYC for creating a wallet, but when we need to exchange them we need a KYC. The public ledger so called blockchain is pretty difficult for criminals to hide with their money. The guy who needs to sell may be in a tough situation for immediate money or he might be afraid to sell such a huge money so that he might be caught with law enforcement.
Unless you are sure with the guy, buy them.
Unless you are sure with the guy, buy them.
Most of the time you don't know.
Because even if you can track the source of tokens from the blockchain, you still don't know what's going on.
Because even if you can track the source of tokens from the blockchain, you still don't know what's going on.
Can we know specific bitcoin is stolen goods?For example, if some guy approach me and he want to sell bitcoin at low price, but big amount, is this acceptable?
For example, if some guy approach me and he want to sell bitcoin at low price, but big amount,
is this acceptable? or not? Why?
is this acceptable? or not? Why?
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