Is bitcoin being used for illegal activities - page 31.

sonnyacg

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Quote from: erickkyut on October 31, 2016, 09:59:03 PM

Quote from: krishna1 on October 31, 2016, 09:54:00 PM

yes its true on current time deepweb is using all the payments on bitcoin or i should say mostly on bitcoin and also seen some old wallet sites have moved to deepweb and i really hate those sites because they charge 0.001btc transaction fees.

So you've been to deep Web?!
Can you teach me how to go there?
I only read what I posted from someone whose been there also. But he said that digging the deep Web is really dangerous.
Is that true?

Deep Web is very dangerous for ordinary Internet users in the world. There are many hackers or those who can detect the presence of us easily when we get into the deep web. Interest in what makes us to access the deep web? from various sources on the internet many deep browse the web mostly very illegal.

ethereumhunter

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Quote from: ?? on ??

Quote from: Doamader on October 31, 2016, 02:36:01 PM

Sure bitcoin is breaking the general rules, about where the money cant be used and spent, but this ilegal problems are something without solution at fiat, why would it be different at bitcoins, people must realize bitcoin and crypto world has several advantages against the system of fiat, but it can be used in both ways, being good or bad.

Why and how did bitcoin is breaking the general rules? This illegal activities are not just happening with the use of bitcoins. It's unfair that many thinks that bitcoin is the only medium or currency that can be used because the fiat money is being abused and used also for this type of activities. But its true that bitcoin is being used with bitcoin too.

general rules is when we make money from something, we should pays tax, and in bitcoin, we don't have to pay any tax and because of this, i am sure that for somehow bitcoin is being used for illegal activities but i don't know what kind of that activities and i don't want to think too much about that. as long as i am play safe with bitcoin, then i think i will be fine.

erickkyut

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Quote from: krishna1 on October 31, 2016, 09:54:00 PM

yes its true on current time deepweb is using all the payments on bitcoin or i should say mostly on bitcoin and also seen some old wallet sites have moved to deepweb and i really hate those sites because they charge 0.001btc transaction fees.

So you've been to deep Web?!
Can you teach me how to go there?
I only read what I posted from someone whose been there also. But he said that digging the deep Web is really dangerous.
Is that true?

krishna1

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yes its true on current time deepweb is using all the payments on bitcoin or i should say mostly on bitcoin and also seen some old wallet sites have moved to deepweb and i really hate those sites because they charge 0.001btc transaction fees.

erickkyut

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Many people use bitcoin for illegal transactions because it is anonymous and decentralized.
Bitcoin transaction is very popular in the deep Web.
Many illegal activities happened there everyday.

Doamader

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Sure bitcoin is breaking the general rules, about where the money cant be used and spent, but this ilegal problems are something without solution at fiat, why would it be different at bitcoins, people must realize bitcoin and crypto world has several advantages against the system of fiat, but it can be used in both ways, being good or bad.

BitHodler

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Quote from: Jessica136 on October 31, 2016, 06:06:47 AM

Can you please elaborate what kinda illegal activities?

By the way BTC will never be banned. People loving BTC a lot. Its totally same as normal currency. So, it depends on people how shall they use the currency. We cant stop individually using BTC IN ILLEGAL ACTIVITIES.

Illegal activities are not only criminal things related to drugs and weapons for example.

In some countries gambling can be illegal, sending money outside the country can be seen as something illegal, and more cases like these.

Also, Bitcoin not getting banned due to it being popular doesn't make any sense since it's the government that decides on whether or not to ban Bitcoin.

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Quote from: mirakal on October 31, 2016, 06:31:30 AM

Quote from: Jessica136 on October 31, 2016, 06:06:47 AM

Can you please elaborate what kinda illegal activities?

By the way BTC will never be banned. People loving BTC a lot. Its totally same as normal currency. So, it depends on people how shall they use the currency. We cant stop individually using BTC IN ILLEGAL ACTIVITIES.

No one can stop because bitcoin gives us freedom and more the way we use will determine if it is illegal or not but with bitcoin it can be use for different purpose both legal and illegal, that cannot be ban for sure as more people are getting the benefits of using bitcoin in legitimate transaction.

As mentioned in the above quote bitcoin gives an increased freedom on transaction compared to other means such as banking. This increased freedom is due to its decentralized nature. Over the early days most of the users considered bitcoin for illegal uses but later with its potential evolved as a high priced digital currency as well an high yielding investment.

Aamir1

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Quote from: zahra4577 on October 29, 2016, 04:57:09 PM

Quote from: South Park on October 29, 2016, 11:22:27 AM

Quote from: coynedterm on October 29, 2016, 03:28:15 AM

in my opinion if any person want to do illegal activity then he can make use of everything ( fiat or virtual money or gold also ).
so we can't say it is a type of things which increases the illegal activities .

One of the reasons people use bitcoin is because its online, if you want to use gold you will need to have a physical meeting which is what they are trying to avoid.

I don't know why bitcoin is often compared with gold,Both are different.Bitcoin is a currency while gold a metal.It is like comparing oranges with apple

lol, comparing orange with apple wont be as odd as this because they both are fruits at the end, but bitcoin and gold are two completely different things because gold is far away from being a currency while bitcoin is a currency though it is digital, the only similar thing between them is that both of them are used as investment by a lot of people.

mirakal

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Quote from: Jessica136 on October 31, 2016, 06:06:47 AM

Can you please elaborate what kinda illegal activities?

By the way BTC will never be banned. People loving BTC a lot. Its totally same as normal currency. So, it depends on people how shall they use the currency. We cant stop individually using BTC IN ILLEGAL ACTIVITIES.

No one can stop because bitcoin gives us freedom and more the way we use will determine if it is illegal or not but with bitcoin it can be use for different purpose both legal and illegal, that cannot be ban for sure as more people are getting the benefits of using bitcoin in legitimate transaction.

Jessica136

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Can you please elaborate what kinda illegal activities?

By the way BTC will never be banned. People loving BTC a lot. Its totally same as normal currency. So, it depends on people how shall they use the currency. We cant stop individually using BTC IN ILLEGAL ACTIVITIES.

TastyChillySauce00

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Quote from: ged00u on October 28, 2016, 11:16:51 AM

Quote from: rosablu on October 28, 2016, 03:07:34 AM

Anything can be used for illegal activities.
I think that the main reason why btc has been rejected by society is that there's still much to learn about it and it's easier for them to speak ill of it than to try and deal with it.

I agree with you. Fiat has been you for many illegal activities for over centuries and no one actually wants to reject it. As long as bitcoin keep developing, no one can ban it or even ignore it.

well bitcoin can't spend itself nor have brain neither,it doesn't make sense if government will eventually ban bitcoin due to bitcoin ever being used for illegal activities,if that's really happening then they should also ban those local fiat,its function is the same and ever getting used for criminalities

Positid

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Quote from: Daffadile on October 30, 2016, 02:04:45 PM

Every single currency or anything of value has been used for crime what is your point ?

Quote from: MTBTT on October 30, 2016, 02:44:14 AM

Quote from: katiecbell on October 30, 2016, 02:15:15 AM

Quote from: ged00u on October 28, 2016, 11:16:51 AM

Quote from: rosablu on October 28, 2016, 03:07:34 AM

Anything can be used for illegal activities.
I think that the main reason why btc has been rejected by society is that there's still much to learn about it and it's easier for them to speak ill of it than to try and deal with it.

I agree with you. Fiat has been you for many illegal activities for over centuries and no one actually wants to reject it. As long as bitcoin keep developing, no one can ban it or even ignore it.

For sure, no one would be able to ban bitcoin because it is does not belong to any government, country, race or set of people so if you think of banning it you are just wasting your time. Whether bitcoin is used for legal or illegal transactio or whatsoever, it depends on individual choice.

I think the ban is only a word from the government, they will not be able to stop the use of bitcoin users, because there is no access and the power to regulate bitcoin

Exactly !! It is like saying guns kill people. I gun cannot kill people only a person with a gun

Very simple explanation but probably that is the best way to describe it, we are the one who is giving bitcoin a life, without our support bitcoin cannot prosper and like we see now that bitcoin is very progressive and that is because of our continues support.

Anything can be use in illegal activities so that is just normal.

Daffadile

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Every single currency or anything of value has been used for crime what is your point ?

Quote from: MTBTT on October 30, 2016, 02:44:14 AM

Quote from: katiecbell on October 30, 2016, 02:15:15 AM

Quote from: ged00u on October 28, 2016, 11:16:51 AM

Quote from: rosablu on October 28, 2016, 03:07:34 AM

Anything can be used for illegal activities.
I think that the main reason why btc has been rejected by society is that there's still much to learn about it and it's easier for them to speak ill of it than to try and deal with it.

I agree with you. Fiat has been you for many illegal activities for over centuries and no one actually wants to reject it. As long as bitcoin keep developing, no one can ban it or even ignore it.

For sure, no one would be able to ban bitcoin because it is does not belong to any government, country, race or set of people so if you think of banning it you are just wasting your time. Whether bitcoin is used for legal or illegal transactio or whatsoever, it depends on individual choice.

I think the ban is only a word from the government, they will not be able to stop the use of bitcoin users, because there is no access and the power to regulate bitcoin

Exactly !! It is like saying guns kill people. I gun cannot kill people only a person with a gun

betohell

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Quote from: zahra4577 on October 29, 2016, 04:57:09 PM

Quote from: South Park on October 29, 2016, 11:22:27 AM

Quote from: coynedterm on October 29, 2016, 03:28:15 AM

in my opinion if any person want to do illegal activity then he can make use of everything ( fiat or virtual money or gold also ).
so we can't say it is a type of things which increases the illegal activities .

One of the reasons people use bitcoin is because its online, if you want to use gold you will need to have a physical meeting which is what they are trying to avoid.

I don't know why bitcoin is often compared with gold,Both are different.Bitcoin is a currency while gold a metal.It is like comparing oranges with apple

I think not in all places, bitcoin will be compared with gold, for example in this section, bitcoin certainly not compared to gold as a currency is illegal? because gold is not a currency

ivanst776

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Quote from: bitcoin110011 on February 06, 2016, 07:11:09 AM

I see more and more acrticles of bitcoin being used for illegal activities
will this hurt bitcoin in the long run , will governments ban this just like they started to do wih paying in cash for some services
to harden the use of illegal , and money laundering

Unfortunately yes, bitcoin is being used for illegal activities and I want to mention only one which has affected lots of people, and this is the ransomware.

This is a virus/malware which encrypts your data and the hacker requires from you to send xBTC to his address in order to give you a key that can decrypt your files and make them to be accessible like before.

MTBTT

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Quote from: katiecbell on October 30, 2016, 02:15:15 AM

Quote from: ged00u on October 28, 2016, 11:16:51 AM

Quote from: rosablu on October 28, 2016, 03:07:34 AM

Anything can be used for illegal activities.
I think that the main reason why btc has been rejected by society is that there's still much to learn about it and it's easier for them to speak ill of it than to try and deal with it.

I agree with you. Fiat has been you for many illegal activities for over centuries and no one actually wants to reject it. As long as bitcoin keep developing, no one can ban it or even ignore it.

For sure, no one would be able to ban bitcoin because it is does not belong to any government, country, race or set of people so if you think of banning it you are just wasting your time. Whether bitcoin is used for legal or illegal transactio or whatsoever, it depends on individual choice.

I think the ban is only a word from the government, they will not be able to stop the use of bitcoin users, because there is no access and the power to regulate bitcoin

katiecbell

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Quote from: ged00u on October 28, 2016, 11:16:51 AM

Quote from: rosablu on October 28, 2016, 03:07:34 AM

Anything can be used for illegal activities.
I think that the main reason why btc has been rejected by society is that there's still much to learn about it and it's easier for them to speak ill of it than to try and deal with it.

I agree with you. Fiat has been you for many illegal activities for over centuries and no one actually wants to reject it. As long as bitcoin keep developing, no one can ban it or even ignore it.

For sure, no one would be able to ban bitcoin because it is does not belong to any government, country, race or set of people so if you think of banning it you are just wasting your time. Whether bitcoin is used for legal or illegal transactio or whatsoever, it depends on individual choice.

goldcoinminer

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Quote from: Solidsnake2016 on October 29, 2016, 09:18:24 PM

Probably, but so is cash.

That actually depend on a certain person because any currency or valuable asset can be use for illegal activities and that act is something prohibited by law and when a person caught having an illegal transaction using bitcoin he should be prosecuted but it will not definitely affect the market of bitcoin, hence we will improve the circulation.

Solidsnake2016

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Probably, but so is cash.

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