Pages:
Author

Topic: Is bitcoin being used for illegal activities - page 19. (Read 139744 times)

hero member
Activity: 532
Merit: 500
I'm sure yes. Every currency always have illegal activites, but they only do that activities in secret way. So, not many people know about this illegal activites. Maybe like buying and selling drugs online using bitcoins or many else.
you can only be sure if  you personally involve in suck kind of activities or you have seen some one doing so, but for me i am not sure but i think it can be as the bad people in this world must be using some currencies, therefore they can also use bitcoins for their bad intentions.
full member
Activity: 238
Merit: 100
Check in dark net and go deeper into criminal world then you could find the reality. My imagination says that criminal prefer bitcoin and other form of currency over traditional bank system paper money because there is no privacy in paper currency so in order to hide themself they will definitely use something like bitcoin
sr. member
Activity: 516
Merit: 250
I'm sure yes. Every currency always have illegal activites, but they only do that activities in secret way. So, not many people know about this illegal activites. Maybe like buying and selling drugs online using bitcoins or many else.
legendary
Activity: 2170
Merit: 1427
Bitcoin can't be taxed for sure and with some tumbling tracking down bitcoin transaction is almost impossible.

In most well developed countries Bitcoin is already being taxed since the difference with money is zero. If you have $50,000 in cash, Gold or Bitcoin, it doesn't matter since it all adds up to your total wealth. However, you have the obligation to declare all your Bitcoin holdings and the profits that you have made in order to come into a position of actually paying tax. Your honesty plays the most important role here.

If you declare everything honestly, then you pay tax. If you keep your stash away from the banks and governments and don't declare anything, there is no way they can see what you have, and thus you can avoid having to pay tax over what you have in Bitcoin. If you put the option of declaring your holdings and not declaring your holdings, then the easiest and cheapest way is to keep your mouth shut. That's why Bitcoin is seen as a great escape by a lot people here.
sr. member
Activity: 672
Merit: 250
Yes, it is. Bitcoin have been used for illegal activities for many years and so do the money. Everything in this world can be easily abused by bad guys, bad organizations for bad purposes. However, as long as bitcoin keep developing, nothing can prevent it from being the new world currency
Global currency will not be possible, but that it can achieve recognition in each country, that's for sure. The main objective is to become a popular bitcoin currency and not give disadvantaged users to tarnish it.

Every coin has two sides, so there is nothing in the world that is not used for bad purposes along with good ones, but we cannot blame the thing for that the the one is to be blamed is the person or organization using it in a bad way, so bitcoin should not get any credit for its bad usage i guess.
full member
Activity: 150
Merit: 100
Yes, it is. Bitcoin have been used for illegal activities for many years and so do the money. Everything in this world can be easily abused by bad guys, bad organizations for bad purposes. However, as long as bitcoin keep developing, nothing can prevent it from being the new world currency
Global currency will not be possible, but that it can achieve recognition in each country, that's for sure. The main objective is to become a popular bitcoin currency and not give disadvantaged users to tarnish it.
sr. member
Activity: 476
Merit: 250
Bitcoin like fiat is also used in some illegal activities in online business. Online investment scams often uses bitcoins for their notorious activities. Some government authorities are also looking for a possiblity that bitcoins or other cryptocurrencies might be used for money laundering for funding drug trade or terrorism.
The fact that the bitcoin can be connected even against the will of terrorism, even to think not want to, because it can put an end to all users lose their income. Illegal existence bitcoin even accelerates this process.
sr. member
Activity: 826
Merit: 256
Bitcoin like fiat is also used in some illegal activities in online business. Online investment scams often uses bitcoins for their notorious activities. Some government authorities are also looking for a possiblity that bitcoins or other cryptocurrencies might be used for money laundering for funding drug trade or terrorism.
legendary
Activity: 966
Merit: 1006
To date, some states are very strict control over financial flows and greatly depress incomes, especially if they do not have the possibility to take the tax. But if that kind of money involved to commit more crimes, the ban could be a matter of time.
Bitcoin can't be taxed for sure and with some tumbling tracking down bitcoin transaction is almost impossible. Banning sound completely out of option for bitcoin.
sr. member
Activity: 619
Merit: 250
Yes, it is. Bitcoin have been used for illegal activities for many years and so do the money. Everything in this world can be easily abused by bad guys, bad organizations for bad purposes. However, as long as bitcoin keep developing, nothing can prevent it from being the new world currency
hero member
Activity: 910
Merit: 500
bitcoin is used everywhere, good/bad :d

There is no doubt at all about this one, I think most of the items right can be used by illegal activities. The thing here is that more on the digital world has never established its laws yet unlike on the real world
legendary
Activity: 1736
Merit: 1001
yea i think that bitcoin used for illegal activity
like purcashe some illegal service porn gambling drugs etc
in my country thats activity is not allowed Smiley
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
c'mon, fi**ck this... MUCH MORE ILLEGAL ACTIVITIES WAS MADE WITH FIAT. BLAHHHHH.

Bitcoin is so cool that this month I save my friends marriage with BtC. SO F8**CK this "illegal".. let's think about "legal"... you can buy legal marijuana, you can play in casino, you can pay bicthes to go to our home, WHATELSE you want?
Bitcoin is a paradise, this "illegal" stamp is pretty old look, nowdays, bitcoin is much more about freedom than "wrong things", so... you can use it illegaly: YES; so, what money hsa a shield against that? So, let's enjoy freedom.
I don't know about the bitches, could you tell me where to buy them, I want them to go home as well after your home. LOL.,

It depends on a certain country, there are countries that online gambling is illegal but because of bitcoin they gamble easily, and look at this.. even kids nowadays can easily do gambling because there's no restriction in a gambling sight aside from asking you if you are minor or not but they do not see you.
hero member
Activity: 756
Merit: 500
c'mon, fi**ck this... MUCH MORE ILLEGAL ACTIVITIES WAS MADE WITH FIAT. BLAHHHHH.

Bitcoin is so cool that this month I save my friends marriage with BtC. SO F8**CK this "illegal".. let's think about "legal"... you can buy legal marijuana, you can play in casino, you can pay bicthes to go to our home, WHATELSE you want?
Bitcoin is a paradise, this "illegal" stamp is pretty old look, nowdays, bitcoin is much more about freedom than "wrong things", so... you can use it illegaly: YES; so, what money hsa a shield against that? So, let's enjoy freedom.
hero member
Activity: 952
Merit: 500
To date, some states are very strict control over financial flows and greatly depress incomes, especially if they do not have the possibility to take the tax. But if that kind of money involved to commit more crimes, the ban could be a matter of time.

So isn't the dollar involved in WAY more illegal activities? Criminals are obviously looking for ways to be anonymous when dealing with illegal stuff, so if they heard of Bitcoin they'd have to go to it because this is what they're looking for. I'm here because of the 2013 huge price spike which I'm hoping to see for the second time by the next winter.
Criminals can use the possible temporary transfer bitcoin, and these transactions no trace. These issues are already engaged in the interpolation, because it already has a suspicion.
I hope bitcoin developers think about the transaction to be traceable because scammers abuse this kind of system that is why we are still not so popular because many people are afraid to be scam.. and some illegal activities using bitcoin. like my father said my wife they said when i was newbie that bitcoin is scam but in the first time of collecting bitcoin from faucet i tried to withdraw that i thought too that its scam but after withdrawing i receive it cash so it means it is not scam and now they are believe that bitcoin is not scam.. and bitcoin is not illegal to collect. but my father still afraid and maybe there is a police or nbi to arrest me. because of collecting bitcoin.. but until now since 1 year no NBI arrested me..
This is another fact that you need to keep it a secret and not to spread about their affairs with bitcoin anyone. Thus it is possible to suffer very seriously.
The system cannot be change, it was designed this way and that system makes the people love bitcoin. If you are trying to eliminate the illegal users of bitcoin you cannot eliminate the system but them, it's the duty of the government to trace this kind of people and I believe they have the capacity to do it.
full member
Activity: 234
Merit: 250
To date, some states are very strict control over financial flows and greatly depress incomes, especially if they do not have the possibility to take the tax. But if that kind of money involved to commit more crimes, the ban could be a matter of time.

So isn't the dollar involved in WAY more illegal activities? Criminals are obviously looking for ways to be anonymous when dealing with illegal stuff, so if they heard of Bitcoin they'd have to go to it because this is what they're looking for. I'm here because of the 2013 huge price spike which I'm hoping to see for the second time by the next winter.
Criminals can use the possible temporary transfer bitcoin, and these transactions no trace. These issues are already engaged in the interpolation, because it already has a suspicion.
I hope bitcoin developers think about the transaction to be traceable because scammers abuse this kind of system that is why we are still not so popular because many people are afraid to be scam.. and some illegal activities using bitcoin. like my father said my wife they said when i was newbie that bitcoin is scam but in the first time of collecting bitcoin from faucet i tried to withdraw that i thought too that its scam but after withdrawing i receive it cash so it means it is not scam and now they are believe that bitcoin is not scam.. and bitcoin is not illegal to collect. but my father still afraid and maybe there is a police or nbi to arrest me. because of collecting bitcoin.. but until now since 1 year no NBI arrested me..
This is another fact that you need to keep it a secret and not to spread about their affairs with bitcoin anyone. Thus it is possible to suffer very seriously.
hero member
Activity: 924
Merit: 1001
To date, some states are very strict control over financial flows and greatly depress incomes, especially if they do not have the possibility to take the tax. But if that kind of money involved to commit more crimes, the ban could be a matter of time.

So isn't the dollar involved in WAY more illegal activities? Criminals are obviously looking for ways to be anonymous when dealing with illegal stuff, so if they heard of Bitcoin they'd have to go to it because this is what they're looking for. I'm here because of the 2013 huge price spike which I'm hoping to see for the second time by the next winter.
Criminals can use the possible temporary transfer bitcoin, and these transactions no trace. These issues are already engaged in the interpolation, because it already has a suspicion.
I hope bitcoin developers think about the transaction to be traceable because scammers abuse this kind of system that is why we are still not so popular because many people are afraid to be scam.. and some illegal activities using bitcoin. like my father said my wife they said when i was newbie that bitcoin is scam but in the first time of collecting bitcoin from faucet i tried to withdraw that i thought too that its scam but after withdrawing i receive it cash so it means it is not scam and now they are believe that bitcoin is not scam.. and bitcoin is not illegal to collect. but my father still afraid and maybe there is a police or nbi to arrest me. because of collecting bitcoin.. but until now since 1 year no NBI arrested me..
sr. member
Activity: 270
Merit: 250
To date, some states are very strict control over financial flows and greatly depress incomes, especially if they do not have the possibility to take the tax. But if that kind of money involved to commit more crimes, the ban could be a matter of time.

So isn't the dollar involved in WAY more illegal activities? Criminals are obviously looking for ways to be anonymous when dealing with illegal stuff, so if they heard of Bitcoin they'd have to go to it because this is what they're looking for. I'm here because of the 2013 huge price spike which I'm hoping to see for the second time by the next winter.
Criminals can use the possible temporary transfer bitcoin, and these transactions no trace. These issues are already engaged in the interpolation, because it already has a suspicion.
legendary
Activity: 1134
Merit: 1598
To date, some states are very strict control over financial flows and greatly depress incomes, especially if they do not have the possibility to take the tax. But if that kind of money involved to commit more crimes, the ban could be a matter of time.

So isn't the dollar involved in WAY more illegal activities? Criminals are obviously looking for ways to be anonymous when dealing with illegal stuff, so if they heard of Bitcoin they'd have to go to it because this is what they're looking for. I'm here because of the 2013 huge price spike which I'm hoping to see for the second time by the next winter.
full member
Activity: 171
Merit: 100
To date, some states are very strict control over financial flows and greatly depress incomes, especially if they do not have the possibility to take the tax. But if that kind of money involved to commit more crimes, the ban could be a matter of time.
Pages:
Jump to: