Topic: How police think about Bitcoin enthusiasts ? - page 4. (Read 3776 times)
I hope you guys are aware that the police force of every country has a Cyber Crime department where they deal with all the crimes done through the Internet or digitally and I am sure they very well know what Bitcoin is. Now I would think they only go after the big scammers and don't bother with the petty Bitcoin thieves that are trying to scam $15 for their next Xbox game over the forums
When it comes to a crime, what would the police think about a guy trading with bitcoins frequently in large volumes ?(hundreds of BTCs)
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
Since most of police don't know what Bitcoin is, they'll focus on the word dealer.
And since in their books dealer = bad, merchant = good, you can do your own math
Also, as somebody stated, if you have 10k$ on you and you are not in a suit, it looks suspicious to them.
In my town, I don't think the police even know what bitcoin is. Maybe they will just take it as a online token in a few years time... There is no law/regulation on bitcoin here...
Same here. I'm sure Police in my country never know about bitcoin, because bitcoins in my country is not popular. If there any crime about bitcoin in my country, i'm sure it will be a big news.
When it comes to a crime, what would the police think about a guy trading with bitcoins frequently in large volumes ?(hundreds of BTCs)
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
are you trying to spread FUD?
there is no law against people trading bitcoin. in some countries they just may be subjected to tax laws if the volume is high that is it.
When it comes to a crime, what would the police think about a guy trading with bitcoins frequently in large volumes ?(hundreds of BTCs)
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
are you trying to spread FUD?
there is no law against people trading bitcoin. in some countries they just may be subjected to tax laws if the volume is high that is it.
When it comes to a crime, what would the police think about a guy trading with bitcoins frequently in large volumes ?(hundreds of BTCs)
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
I think if you have valid proof that you haven't committed a crime, then it'll be all fine.
Usually, one doesn't have to prove they haven't committed a crime; in fact, in the US, it is the other way around. They have to prove that we have committed a crime.
These are my thoughts: The US government treats all of it's citizens like criminals....they're watching what we do constantly....so, whether we're spending bitcoin, dollars, or EBT cards, it doesn't matter because we're ALL criminals in their eyes. It's pretty much us against them anyway! The police ARE the bad guys where I'm from so.....who cares what they think! But, they better bring a fool proof warrant with them when they come!
I think even if we do illegal activities in bitcoin like a fool. police will not be able to resist / imprison us
Usually police departments are not even sure what bitcoins are
Exactly this.
Bitcoin is part of your normal wealth here, so if you trade Bitcoin and make a profit, then you have to pay tax over the profit you made. If you do this, then nothing will happen. If they somehow know you are not paying tax over your profit on purpose, then the government and eventually the police will come after you.
When it comes to a crime, what would the police think about a guy trading with bitcoins frequently in large volumes ?(hundreds of BTCs)
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
I think if you have valid proof that you haven't committed a crime, then it'll be all fine.
What do the police think about a guy walking round with $10,000 in cash in his pocket? It's much the same thing.
Not in the police's eyes though, because bitcoin is a new thing. They probably think drugs or tax cheating. Don't we have any cops here who want to chime in? This forum is probably 20-30% LEOs but they can't tell you who they are because it makes it hard to buy contraband in the Marketplace sub-forum.
Cops don't care if you carry large amounts of cash, gold, bitcoins or avocados as long as you can tell them where you got a truck full of avocados when you're asked and you don't try to exchange them for fiat. In fact, they really don't care at all about Bitcoin. I could sit in a police station with another Bitcoiner transferring a million bitcoins between laptops all day and they wouldn't raise an eyebrow. It's when you get fiat involved that they get interested. All fiat transfers between parties must comply with AML/KYC law.
What do the police think about a guy walking round with $10,000 in cash in his pocket? It's much the same thing.
Not in the police's eyes though, because bitcoin is a new thing. They probably think drugs or tax cheating. Don't we have any cops here who want to chime in? 
Usually police departments are not even sure what bitcoins are
Why on earth would the police care if you are trading Bitcoin? As long as you don't do anything against the law in your country, you will be just fine. And I am quite sure that plenty of police officers don't even know what Bitcoin is.
I don't think the police care at all about bitcoin fans. Why would they? They've got bigger fish to fry.
That doesn't mean they won't ever pick on Bitcoin users just to make it look like they're doing something. Some police departments don't even care about the bigger fish they could be frying, sometimes because they're corrupt and sometimes because they don't want to get off their lazy asses to do what it takes to put those bigger fish in jail. But, of course, they have to justify their existence, so they spend a lot of their time picking on the small-time operators almost at random and chasing people for doing five miles over the speed limit.
I don't think the police care at all about bitcoin fans. Why would they? They've got bigger fish to fry.
When it comes to a crime, what would the police think about a guy trading with bitcoins frequently in large volumes ?(hundreds of BTCs)
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
Yes, because it's well known Bitcoin users are murderers. Where did you hear that stupid shit from?
Yeah what the hell. Police don't hate bitcoin users, and they definitely don't become suspects straight away. I think they are done work bitcoin users. Even if they are trading large amounts of bitcoin.
I'd say don't advertise to the world that you're walking around with a tablet that has a Bitcoin wallet in your pocket, use Localbitcoins, pay cash but don't carry briefcases full of cash with you, don't do your business in a back alley (You want to be in a relatively safe place with a lot of people around if only for the sake of not getting mugged!) and you should be fine. If all else fails, send all your Bitcoin to an address that you control if you run into any kind of trouble.
First of all, it is hard to find where transactions are made to and from (as in people).
Companies like Bitmixer.io help to hide people's identity. Alng with sites like Coinbase and blockchain.info (as long as you don't confirm identity or phone).
Police SHOULD not take this into account as it does not affect them. Governments may accuse people of "money laundering" however, Bitcoin is legal in most countries so that is highly unlikely.
Companies like Bitmixer.io help to hide people's identity. Alng with sites like Coinbase and blockchain.info (as long as you don't confirm identity or phone).
Police SHOULD not take this into account as it does not affect them. Governments may accuse people of "money laundering" however, Bitcoin is legal in most countries so that is highly unlikely.
Any large trade (the limit varies in each country), will raise red flags automatically and as result the involved parties would be the target for investigation so it's not going to be BTCitcoin only (due to criminal activities) and it's more of a standard protocols by police officers, to be followed instead.
When it comes to a crime, what would the police think about a guy trading with bitcoins frequently in large volumes ?(hundreds of BTCs)
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
For sure you would have problems. Look at a bitcoin trade ub public, looks exactly like a drug trade.
The requirements to become a officer of the law have fallen as no one wants to be seen as a goon for the goverbment and pay has not kept up.
Image they dance around some one they observe and realize they have wasted time on you. Meaning they pull up some trumped up charge or cut weight.
Never sure thoufh because there is ahuman behind the badge and we often suprise.
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