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Topic: Is bitcoin being used for illegal activities - page 5. (Read 139744 times)

full member
Activity: 206
Merit: 100
Bitcoin it is a normal to use it by illegal activities just like other currency. illegal activities will never gone everything in online are still can deal with illegal with other payment method bitcoin is just anonymous that is why many people are still using it for illegal activity..
hero member
Activity: 714
Merit: 500
only those people who do not have any responsibility for the use bitcoin prohibited.
good people will use bitcoin for positive things. bitcoin is a useful technology that must be used carefully.
Really right, we should be responsible on using bitcoins even others said that it depends on the user on how he will use it but he need also to think and act a matured one to avoid conflicts. Remember the possible effects if someone caught doing illegal activities.

Yeah indeed illegal activity is something bad and will only give negative impact to those who use it. Because illegal activities is absolutely contrary to all applicable laws in the world and also illegal activities is extremely detrimental to their victims or they are all involved in the illegal activities. So, if you want to be successful then working hard.Because of the success without hard work is going to survive in a while and definitely those who get instant success will not develop into greater success
hero member
Activity: 2464
Merit: 594
only those people who do not have any responsibility for the use bitcoin prohibited.
good people will use bitcoin for positive things. bitcoin is a useful technology that must be used carefully.
Really right, we should be responsible on using bitcoins even others said that it depends on the user on how he will use it but he need also to think and act a matured one to avoid conflicts. Remember the possible effects if someone caught doing illegal activities.
legendary
Activity: 1596
Merit: 1011
only those people who do not have any responsibility for the use bitcoin prohibited.
good people will use bitcoin for positive things. bitcoin is a useful technology that must be used carefully.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Who knows maybe it is used we don't know we can only speculate on this
I saw in tv series ncis la that the used bitcoin as drug money
In fact, if you're watching a documentary on the "deep web", you can see that most of these sites as a tool accept bitcoin transactions. it proves that, bitcoin is also used for illegal activity, and I think this has been done in a long time. Well, this could be the main reason in his baned bitcoin d divulging state

yes i remember there is a movie about hacking that using transferred bitcoin for make a transaction but i don't remember what is the title of the movie. and i think there is possibility that bitcoin is being used for illegal activities because there no independent institution that watching any of bitcoin transaction in the network so we don't know for what purpose bitcoin is used.
hero member
Activity: 714
Merit: 500
Who knows maybe it is used we don't know we can only speculate on this
I saw in tv series ncis la that the used bitcoin as drug money
In fact, if you're watching a documentary on the "deep web", you can see that most of these sites as a tool accept bitcoin transactions. it proves that, bitcoin is also used for illegal activity, and I think this has been done in a long time. Well, this could be the main reason in his baned bitcoin d divulging state

Yeah, bitcoin is often used as a currency in the deepweb. And it is because of its feature that your transaction are anonymous which makes drug dealers, hired killers, or other bad people identity unknown. They use it to buy things which you can't buy that easily.

No bitcoin transaction never was and is not anonymous. Every  transaction is traceable and somewhere in a block of the chain. If it was some services like as bitmixer, bitlaundry and so on would be useless. And yes bitcoin has being used for illegal activities like any other currency (USD, EUR, GBP, CNY, etc) and like as gold. 


All the things that exist in the world is especially concerned about the money is be used or could use with bitcoin for bitcoin is a digital currency that can be exchanged with all existing currency and price or fee on offer are very few and far more profitable if we do it well. But it all is something a bad thing for those who can't resist the urge for what is going on.If you want to benefit indeed should be able to be patient over all the things we do and if we can't control ourselves only loss and regret that we get
sr. member
Activity: 406
Merit: 252
Veni, Vidi, Vici
Who knows maybe it is used we don't know we can only speculate on this
I saw in tv series ncis la that the used bitcoin as drug money
In fact, if you're watching a documentary on the "deep web", you can see that most of these sites as a tool accept bitcoin transactions. it proves that, bitcoin is also used for illegal activity, and I think this has been done in a long time. Well, this could be the main reason in his baned bitcoin d divulging state

Yeah, bitcoin is often used as a currency in the deepweb. And it is because of its feature that your transaction are anonymous which makes drug dealers, hired killers, or other bad people identity unknown. They use it to buy things which you can't buy that easily.

No bitcoin transaction never was and is not anonymous. Every  transaction is traceable and somewhere in a block of the chain. If it was some services like as bitmixer, bitlaundry and so on would be useless. And yes bitcoin has being used for illegal activities like any other currency (USD, EUR, GBP, CNY, etc) and like as gold. 
copper member
Activity: 2912
Merit: 1279
https://linktr.ee/crwthopia
It would be embarrassing if you think that it is not used for illegal activities. You know everything that Bitcoin has to offer, so it is the perfect currency to transact if you think about it. No required identification for every transaction just the addresses and signatures to verify it's yours. I don't have any idea on how it's used but definitely Bitcoin has been used illegally, obviously.
sr. member
Activity: 280
Merit: 253
Who knows maybe it is used we don't know we can only speculate on this
I saw in tv series ncis la that the used bitcoin as drug money
In fact, if you're watching a documentary on the "deep web", you can see that most of these sites as a tool accept bitcoin transactions. it proves that, bitcoin is also used for illegal activity, and I think this has been done in a long time. Well, this could be the main reason in his baned bitcoin d divulging state

Yeah, bitcoin is often used as a currency in the deepweb. And it is because of its feature that your transaction are anonymous which makes drug dealers, hired killers, or other bad people identity unknown. They use it to buy things which you can't buy that easily.
even on the dark web it is not that easy to buy some highly illegal stuff or hire a killer. those are often just stories to tell people how bad the deep web is. many drugs a sold, but they also get sold at other places and because of the big number and the lower police interest people get away easier with it.
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
Who knows maybe it is used we don't know we can only speculate on this
I saw in tv series ncis la that the used bitcoin as drug money
In fact, if you're watching a documentary on the "deep web", you can see that most of these sites as a tool accept bitcoin transactions. it proves that, bitcoin is also used for illegal activity, and I think this has been done in a long time. Well, this could be the main reason in his baned bitcoin d divulging state

Yeah, bitcoin is often used as a currency in the deepweb. And it is because of its feature that your transaction are anonymous which makes drug dealers, hired killers, or other bad people identity unknown. They use it to buy things which you can't buy that easily.

Though lot other alt coins have been existing regularly most deep web service providers accept bitcoin just due to its popularity and ease of transactions compared to other coins which gets off in a short term. Recently ethereum got accepted by few darkweb service providers.
hero member
Activity: 700
Merit: 500
Who knows maybe it is used we don't know we can only speculate on this
I saw in tv series ncis la that the used bitcoin as drug money
In fact, if you're watching a documentary on the "deep web", you can see that most of these sites as a tool accept bitcoin transactions. it proves that, bitcoin is also used for illegal activity, and I think this has been done in a long time. Well, this could be the main reason in his baned bitcoin d divulging state

Yeah, bitcoin is often used as a currency in the deepweb. And it is because of its feature that your transaction are anonymous which makes drug dealers, hired killers, or other bad people identity unknown. They use it to buy things which you can't buy that easily.
sr. member
Activity: 1974
Merit: 450
Who knows maybe it is used we don't know we can only speculate on this
I saw in tv series ncis la that the used bitcoin as drug money
In fact, if you're watching a documentary on the "deep web", you can see that most of these sites as a tool accept bitcoin transactions. it proves that, bitcoin is also used for illegal activity, and I think this has been done in a long time. Well, this could be the main reason in his baned bitcoin d divulging state
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Few months back we have few cases of kidnap and ransom taking by kidnappers was in bitcoins so its just because of these cases have very bad reputation in few countries and authorities taking very stick action against its users   

I don't think that kidnappers are demanding ransom in Bitcoins. At least I haven't heard about any such incidents. On the other hand, ransomware, which demand payment in Bitcoins are a serious curse everywhere. But no one can be physically hurt with ransomware. Even if you don't pay the ransom, at the most they can destroy your data.
hero member
Activity: 798
Merit: 503
No one for sure can say it is because I have used it for illegal activity but its not impossible as I have read somewhere how multinational companies because of the stringent foreign exchange policy in repatriating funds abroad have resulted in the use Bitcoin in achieving that by buying large amount of Bitcoin with the local currency then transfer to their headquater abroad who then convert to its own currency through the exchangers...
hero member
Activity: 756
Merit: 504
Who knows maybe it is used we don't know we can only speculate on this
I saw in tv series ncis la that the used bitcoin as drug money
Few months back we have few cases of kidnap and ransom taking by kidnappers was in bitcoins so its just because of these cases have very bad reputation in few countries and authorities taking very stick action against its users   
legendary
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
Who knows maybe it is used we don't know we can only speculate on this
I saw in tv series ncis la that the used bitcoin as drug money
sr. member
Activity: 280
Merit: 253
Bitcoin without doubt will be used for illegal purpose than regular needs. One of the best example to describe it is gambling. In countries where gambling is banned can be used easily with the bitcoin. But now with its potential it has evolved as a currency than a token for gambling and other illegal needs.
lets talk about the illegal gambling. if it is banned in county A, then i can still play on an illegal gambling site in county A. in this case it does not matter if i pay in the countries currency or bitcoin, since both would be illegal. but i could also play on a legal gambling site in county B. i also see no difference if i pay the site in country B currency or bitcoin. and unless exchanging currency A to B is also forbidden, this would not make a difference. there is one more case. if the gambling site from country B disallows player from country A (since it is forbidden). in that case they would want some kind of document that proves where you from and in this case it would not be depending on you payment method. if you do it right bitcoin should be no big help for people who want to gamble illegally.
full member
Activity: 210
Merit: 100
Bitcoin without doubt will be used for illegal purpose than regular needs.

No. Do you have any proof to support your claim? The dark market and gambling volumes are down from 2013/14, and as far as I know, most of the transaction volume is now being spent on legal shopping and trading. But then it is entirely a different thing, if Bitcoin is not "legal" in a particular country or region.

The volumes are not down in gambling and illegal transactions, but we have to acknowledge that we don't have anything to do to combat them. Hackers and criminals always wanted anonimity and of course they would prefer other options like Bitcoin. There's nothing we can do about it, they will never cease to exist.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Bitcoin without doubt will be used for illegal purpose than regular needs.

No. Do you have any proof to support your claim? The dark market and gambling volumes are down from 2013/14, and as far as I know, most of the transaction volume is now being spent on legal shopping and trading. But then it is entirely a different thing, if Bitcoin is not "legal" in a particular country or region.
hero member
Activity: 1120
Merit: 507
Bitcoin is being used for illegal activities.  In the beginning it was estimated that most bitcoin trading volume was for the dark market. Now not so much. It didn't stop bitcoin then and it wont stop it now.
I think it was just supposed that bitcoin maybe used for illegal activities in large scale but I think when the number of bitcoin users increased people's understanding about bitcoin is now changing and they are now using bitcoin for legal activities just like fiat currencies.

The beginning was a complete different story. With very small number of users, most of the volume seemed for one purpose. I guess we can ignore those day with respect to current scenarios.
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