Is bitcoin being used for illegal activities - page 53.

Golftech

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Quote from: Jasad on September 23, 2016, 02:14:32 AM

Quote from: Nowl1935 on September 23, 2016, 01:29:50 AM

Definately yes.
Other people they used bitcoin for illegal transaction. Someone told me that one of his facebook friend used bitcoin in illegal transaction, like money laundering, so i believe that everything can be used in illegal because in this world lots of people are devils when it comes to money.

another currency like fiat have a regulation and transparency ,
make it hard to used for any illegal activities / transactions ,
as bitcoin come with its anonymous untraceable people have so many evil idea with bitcoin ,
include the money laundering , pay someone for a dirty job etc.

thats right maybe why here in our country in order for you to make some big transaction you need to complete the profile info and amla coming from our government to avoid money laundering since bitcoin can easily be transferred but to in cash it to cash the exchange site that cater it required personal info.

xJuturna

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Bitcoin's initial use was buying illegal services on the dark web. I'm sure it continues to happen but not as prominently as it used to back around 2009. I believe XMR / Monero is more favored for this now but I could be wrong on that one. It definitely didn't hurt bitcoin as it got the word out and shortly thereafter the price increased exponentially.

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Quote from: Nowl1935 on September 23, 2016, 01:29:50 AM

Definately yes.
Other people they used bitcoin for illegal transaction. Someone told me that one of his facebook friend used bitcoin in illegal transaction, like money laundering, so i believe that everything can be used in illegal because in this world lots of people are devils when it comes to money.

another currency like fiat have a regulation and transparency ,
make it hard to used for any illegal activities / transactions ,
as bitcoin come with its anonymous untraceable people have so many evil idea with bitcoin ,
include the money laundering , pay someone for a dirty job etc.

Mr. Big

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Quote from: Nowl1935 on September 23, 2016, 01:29:50 AM

Definately yes.
Other people they used bitcoin for illegal transaction. Someone told me that one of his facebook friend used bitcoin in illegal transaction, like money laundering, so i believe that everything can be used in illegal because in this world lots of people are devils when it comes to money.

Not really devils, but most of us wants things that has a value...Therefore, anything that has a value can be used in any transaction, Even other things can be trade to other as long as the value would be enough...

Caladonian

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Quote from: bamboylee on September 17, 2016, 06:41:39 AM

Quote from: Aamir1 on September 17, 2016, 04:56:16 AM

Quote from: pinkpanther03 on September 16, 2016, 11:43:40 PM

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

Majority of the member here they never used it for illegal, maybe few of the members they're doing it. But as much as possible we shouldn't use it for illegal. We must use it for legal matter as much as we can.

It is not about the members of this community but it is about all the world where every kind of illegal activities are going on everyday second, so if someone uses bitcoin for doing some illegal thing in any corner of the world it would probably make a bad reputation for all the community.

I think since the beginning of bitcoin, it is already used in illegal activities and yet bitcoin is still thriving and getting stronger. Even fiat can be used in illegal activities, so I do not think if bitcoin is being used by criminals or not will have any big effect on bitcoin.

that's right many of us consider btc as a currency so whatever real currency can buy can also be transact with bitcoin if its deal with the internet its not impossible that bitcoin was already been use for illegal activity.

Nowl1935

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Definately yes.
Other people they used bitcoin for illegal transaction. Someone told me that one of his facebook friend used bitcoin in illegal transaction, like money laundering, so i believe that everything can be used in illegal because in this world lots of people are devils when it comes to money.

bamboylee

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Quote from: Aamir1 on September 17, 2016, 04:56:16 AM

Quote from: pinkpanther03 on September 16, 2016, 11:43:40 PM

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

Majority of the member here they never used it for illegal, maybe few of the members they're doing it. But as much as possible we shouldn't use it for illegal. We must use it for legal matter as much as we can.

It is not about the members of this community but it is about all the world where every kind of illegal activities are going on everyday second, so if someone uses bitcoin for doing some illegal thing in any corner of the world it would probably make a bad reputation for all the community.

I think since the beginning of bitcoin, it is already used in illegal activities and yet bitcoin is still thriving and getting stronger. Even fiat can be used in illegal activities, so I do not think if bitcoin is being used by criminals or not will have any big effect on bitcoin.

crossabdd

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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

Bitcoin is decentralization money, so no people can stop illegal activity using bitcoin.
at this case goverment can ban people to acces bitcoin, but everyone still can acces using VPN Undecided

airezx20

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Money has always been used in illegal activities and bitcoin being also a money so its obvious that it is also used in illegal activities.
Moreover bitcoin has features like anonymous and trasaction though different countries without anyone being know in few minutes so sadly yes bitcoin is used for illegal activities as well.

Aamir1

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Quote from: pinkpanther03 on September 16, 2016, 11:43:40 PM

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

Majority of the member here they never used it for illegal, maybe few of the members they're doing it. But as much as possible we shouldn't use it for illegal. We must use it for legal matter as much as we can.

It is not about the members of this community but it is about all the world where every kind of illegal activities are going on everyday second, so if someone uses bitcoin for doing some illegal thing in any corner of the world it would probably make a bad reputation for all the community.

altcoinrich

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Yes, some people do money laundry, darknet market purchase guns and drugs. It is very normal, so they use bitcoin mixer service to keep more anonymous. Cheesy

bitcointank

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I only buy and sell bitcoin for making profit, never do illegal things. I do legal things because I don't want to go to jail.

puremage111

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bitcoin is used everywhere, good/bad :d

warwar

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Quote from: ctlaltdefeat on February 06, 2016, 11:46:45 AM

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

porn and gambling are illegal in some countries,i also wondering how will goverment reaction if many people use bicoin for that activity,but nything happen with bitcoin,i still trust in bitcoin.

I agree. Yes bitcoin is used in illegal activities and also our own fiat that does'nt mean that the bitcoin is meant to used it into illegal activities it depends on the person if he/she want to used it on that activity but for me whether it is used or not in illegal activities i also using it annd trust bitcoin

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Quote from: Zadicar on September 17, 2016, 12:07:51 AM

Quote from: pinkpanther03 on September 16, 2016, 11:43:40 PM

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

Majority of the member here they never used it for illegal, maybe few of the members they're doing it. But as much as possible we shouldn't use it for illegal. We must use it for legal matter as much as we can.

I agree that most of people here are using Bitcoin in good ways but still there are people. Would mainly use it for illegal purposes because Bitcoins anonymity is the main reason why it's being used on illegal activities because they can't be easily tracked by authorites.

We cannot control that because every human is unique, we have our own way of thinking. Let us just do things that will give us a good future and let the others do their thing, we are not in control of their lives and they have the freedom which way to choose.

Zadicar

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Quote from: pinkpanther03 on September 16, 2016, 11:43:40 PM

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

Majority of the member here they never used it for illegal, maybe few of the members they're doing it. But as much as possible we shouldn't use it for illegal. We must use it for legal matter as much as we can.

I agree that most of people here are using Bitcoin in good ways but still there are people. Would mainly use it for illegal purposes because Bitcoins anonymity is the main reason why it's being used on illegal activities because they can't be easily tracked by authorites.

pinkpanther03

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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

Majority of the member here they never used it for illegal, maybe few of the members they're doing it. But as much as possible we shouldn't use it for illegal. We must use it for legal matter as much as we can.

groll

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Quote from: bravehearth0319 on September 16, 2016, 11:04:56 PM

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

As much as we can, let us use bitcoin for good or legal matter, so that we could have a better result in doing here in bitcoin industry. If we sow good we will also reap for good.

Yeah right. What we sow is what we reap. But it is easy to say that but you cannot control people's ways just by saying let us do good. People are greedy they will do anything and everything to be rich. As we all know it is faster to be rich by doing bad things. Bitcoin was the tool that makes these people's transaction so easy and so secure.

bravehearth0319

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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

As much as we can, let us use bitcoin for good or legal matter, so that we could have a better result in doing here in bitcoin industry. If we sow good we will also reap for good.

jossiel

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Quote from: bitcoin-shark on September 16, 2016, 04:30:18 PM

Yes bitcoin is used for illegal activities because is anonimous it can be use to buy drugs weapons false documents on deep web

Many people in the deep web liking the characteristic of bitcoin for having its anonymity so that people are not going to trace them easily.

And as long as there is money involved, for sure there are going to be illegal activities that you can connect to it.

Just like here in my country fiat money for drugs and as well for other countries too. In the deep web, bitcoins for drugs.

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