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Topic: Criminality and Bitcoin - page 31. (Read 31307 times)

newbie
Activity: 21
Merit: 0
December 22, 2017, 10:53:57 AM

Although in a certain way, crime has always existed in all possible ways, and now bitcoin can be used for malicious purposes because of its anonymity, there are few people compared to big criminals who handle everything necessary to obtain good profits from the BTC. Everything is depends, not in all cases would accept this currency for a crime.
member
Activity: 322
Merit: 10
homt.net
December 22, 2017, 07:13:29 AM
Actually criminality already exist since long time ago. But I can not deny that some people also use bitcoin for criminality. They can use bitcoin in black markets for buying drugs or other criminal activities. I even ever heard that some people post video which contain criminality on social media so many people see and share their video and they can get more coin. I wonder why. it depend on us in using bitcoin. It could be two ways, positively and negatively.
full member
Activity: 248
Merit: 100
WWW.BLOCKCHAIN021.COM
December 22, 2017, 07:05:58 AM
https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in  some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.
It is actually happening even before the popularity of bitcoin increases up to this time. They used bitcoin as their currency on black markets or what other say the deep web. Usually drugs, trafficking and other criminal activities related are on this kind of websites.
member
Activity: 318
Merit: 10
December 22, 2017, 07:02:08 AM
https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in  some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.

black and white is definitely there. the criminal problem has existed long ago, before found the bitcoin also have a criminal. its important we use bitcoin for positive thing i guess that's enough.
member
Activity: 154
Merit: 10
December 22, 2017, 06:38:53 AM
Some criminals, such as terrorism and illicit drugs, began using the anomaly characteristic of bitcoins for illegal distribution and distribution.
newbie
Activity: 54
Merit: 0
December 21, 2017, 06:01:38 PM
Criminality will contentious even no one use bitcoin.maybe bitcoin encourage crime but  problem is about use.

we can ask for id when buy/sell dangerous things will be better.
sr. member
Activity: 419
Merit: 250
December 21, 2017, 03:43:06 PM
I guess somewhat because of bitcoin, criminality has raised, sadly hackers and phishers are being the ones responsible for this, and because of it bitcoin is being declared illegal onto some countries, in this case bitcoin will have a hard time and other cryptocurrencies to manage this, online may not be reliable because of tons of hackers, this would be hard for each cryptocurrency to gain such popularity they need.
Nowadays, Bitcoin is not useful to use for payment of crimial.
The government can track the transaction through exchange, unless they can find exchanger in private market.

I have just watched a facebook video exposing some scam using bitcoin - the guys said that criminals give 10% of all the money they laundered with exchange (possibly private exchange) so if they laundered 10 million dollars worth of bitcoin, the exchange get 1 million worth.
Maybe, this case just happened before the BTC-e exchange got banned from FBI U.S. I remember after that time, Bitcoin wasn't the cryptocurrency for criminal. In that time, the biggest mixer service also closed their service  to want the ecosystem of Bitcoin be good more, it's BitMixer.
full member
Activity: 462
Merit: 112
December 19, 2017, 09:46:00 AM
I think the company of bitcoin does not tolerate all criminality or illegal activities which deals using of their product in the market.
They have coordination to the government to have strong forced that will eliminate these irregularities happening in their business .
member
Activity: 434
Merit: 10
December 18, 2017, 06:23:59 PM
https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in  some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.

Bitcoin has disadvantage in very aspect of it because of the lack of regulation. We cannot blame the system but rather the people who uses it. It is really disappointing to hear news like these as it making the PR bad and lead to many more rumors and "claims" about cryptocurrency.
jr. member
Activity: 56
Merit: 10
ExtraCredit - BitcoinHomework
December 18, 2017, 06:18:24 PM
https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in  some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.

It's more likely criminals doing money laundering using this blockchain technology as for my understanding that's the outcome.
sr. member
Activity: 756
Merit: 294
December 18, 2017, 06:17:47 PM
I guess somewhat because of bitcoin, criminality has raised, sadly hackers and phishers are being the ones responsible for this, and because of it bitcoin is being declared illegal onto some countries, in this case bitcoin will have a hard time and other cryptocurrencies to manage this, online may not be reliable because of tons of hackers, this would be hard for each cryptocurrency to gain such popularity they need.
Nowadays, Bitcoin is not useful to use for payment of crimial.
The government can track the transaction through exchange, unless they can find exchanger in private market.

I have just watched a facebook video exposing some scam using bitcoin - the guys said that criminals give 10% of all the money they laundered with exchange (possibly private exchange) so if they laundered 10 million dollars worth of bitcoin, the exchange get 1 million worth.
hero member
Activity: 994
Merit: 503
December 17, 2017, 05:19:35 PM
I guess somewhat because of bitcoin, criminality has raised, sadly hackers and phishers are being the ones responsible for this, and because of it bitcoin is being declared illegal onto some countries, in this case bitcoin will have a hard time and other cryptocurrencies to manage this, online may not be reliable because of tons of hackers, this would be hard for each cryptocurrency to gain such popularity they need.
Nowadays, Bitcoin is not useful to use for payment of crimial.
The government can track the transaction through exchange, unless they can find exchanger in private market.
sr. member
Activity: 343
Merit: 250
December 17, 2017, 11:33:11 AM
I guess somewhat because of bitcoin, criminality has raised, sadly hackers and phishers are being the ones responsible for this, and because of it bitcoin is being declared illegal onto some countries, in this case bitcoin will have a hard time and other cryptocurrencies to manage this, online may not be reliable because of tons of hackers, this would be hard for each cryptocurrency to gain such popularity they need.
hero member
Activity: 735
Merit: 500
December 17, 2017, 09:52:25 AM
Crime has always existed, can not be said that bitcoin caused a crime. Of course the anonymity of bitcoin is why criminals use bitcoin, but do not they trade without bitcoin? They will certainly look for other ways. Just as you have killed people with a knife, you are guilty, but the knife has no sin.
Law enforcement authorities are still gaining knowledge of the bitcoin. Over time, law enforcement capabilities in this area will only grow, especially as new analytical tools are being developed.
full member
Activity: 161
Merit: 101
AI SOLUTION TO VOLATILITY IN YOUR CRYPTO SAVINGS
December 17, 2017, 09:50:35 AM
Everything in this world have their advantage and disadvantages. Bitcoin also have this things. Since Bitcoin is a virtual digital money and the technology today is advance, they used cryptocurrency like Bitcoin in their activities because i think its easier that way. And also because of the high rise of the value of price its been a diamond in the eye of criminals. Bitcoin it not at fault at this , it was just misuse of the way it must it is.
member
Activity: 252
Merit: 71
December 17, 2017, 09:40:59 AM
in my opinion, it's a natural thing, because the value of bitcoin is very high, therefore criminality occurs in bitcoin, such as hackers who try to hack bitcoin sites and want high income and instantly, so secure your bitcoin account  Shocked
n my opinion every think has two sides .one is bad and one is good .its upon you that which side you want to use.bad or good.It is not right.Bitcoin is just a online currency. If anyone used it illegally then it's their fault not bitcoin forum.After all before created bitcoin there were also crime. Yes,nowadays,cyber crime has increased so much but it is not for bitcoin.But they are using bitcoin for save or transfer money.But bitcoin has created for earning money by investing money for man's income.So it's not bitcoin fault. This is a bullshit accused against bitcoin.I will advice the police to catch those criminal but don't accuse the bitcoin. criminality is there before bitcoin.
newbie
Activity: 35
Merit: 0
December 17, 2017, 09:36:43 AM
Crime has always existed, can not be said that bitcoin caused a crime. Of course the anonymity of bitcoin is why criminals use bitcoin, but do not they trade without bitcoin? They will certainly look for other ways. Just as you have killed people with a knife, you are guilty, but the knife has no sin.
full member
Activity: 840
Merit: 105
★Bitvest.io★ Play Plinko or Invest!
December 17, 2017, 07:47:46 AM
https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in  some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.
Having a successful bitcoin account has an equal criminality .  We all know that it is an online business and online business is manage and full of professional hacker. I am not saying that the handler of this is the hacker instead it is the member. If you've been successful in bitcoin get ready for some thief that might stole your account and your investments.
full member
Activity: 552
Merit: 102
December 16, 2017, 01:13:13 AM
Every pool has some bad site. Like that bitcoin has a few but not so much. You must believe on that bitcoin has a great innovation. People are become so comfortable on this.  Criminality is a thing you just find in everywhere. So need to compare with positive way. It is bitcoin which has given us a platform to change our life and make easier and comfortable.  If I want to start to explain the usefulness it's not will be over on one column. people are using as safe transactions way. bye doing trade, bounty, gambling, mining people are earning a lot.  so that I can easily say think it as positive the negative things are minor.
newbie
Activity: 56
Merit: 0
December 16, 2017, 12:59:38 AM
https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in  some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.




That's the world for you. Everything that has an advantage also has s disadvantage so we have to cope with it
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