Topic: Illegal use of Bitcoin affecting its value? - page 8. (Read 7904 times)
Cash has illegal use also, don't see its value being affected.
As the bitcoin economy expands, the use of bitcoins in illegal transactions will cease to be significant (as a proportion of the bitcoin economy). Then its value will not be affected.
In early days, the value of bitcoin increased, due to SR demand for btc.
In early days, the value of bitcoin increased, due to SR demand for btc.
You're right, I think it might affect it one day, so far I don't think it has but users who use Bitcoins to buy drugs should understand that they can not get away with it, sooner or later authorities will find out about it and they will get caught. And when it happens, it might affect its value as government will put more restrictions on bitcoins.
BTC purchased the drugs, weapons, and false documents and money-laundering.
This is exactly what criminals BTC that the value of the .
The BTC prices will not be affected by these factors.
This is exactly what criminals BTC that the value of the .
The BTC prices will not be affected by these factors.
Anyone who thinks BTC is anonymous is plain dull! On the internet nothing is secure! "There's no place you can hid, I'm coming on infra-red!"
http://www.youtube.com/watch?v=fISvc-yUU1A
http://www.youtube.com/watch?v=fISvc-yUU1A
Illegal use of bitcoin doesn't affect its value imo. it only affects faster adoption rate because of its continued use in fraudulence, scams, and extortion. In truth, bitcoin's value is backed up by these shady transactions. Criminals tend to use bitcoin as a form of payment because of its anonymity.
Has the use of Bitcoin for illegal things such as purchasing drugs, weapons, fraudulent documents and laundering money effected it value?
I would say that in the early days sites like Silk Road likely has a positive impact on the price of bitcoin. I would say that this site likely cussed a lot of the early demand and press about bitcoin. Today I am not so sure about how these kinds of sites affect bitcoin. Has the use of Bitcoin for illegal things such as purchasing drugs, weapons, fraudulent documents and laundering money effected it value?
I would say that in the early days sites like Silk Road likely has a positive impact on the price of bitcoin. I would say that this site likely cussed a lot of the early demand and press about bitcoin. Today I am not so sure about how these kinds of sites affect bitcoin.
EDIT: i IT* may have, but I have no idea if it has been for better or for worse.
Has the use of Bitcoin for illegal things such as purchasing drugs, weapons, fraudulent documents and laundering money effected its value?
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