Is bitcoin being used for illegal activities - page 75.

kryptqnick

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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

I hope they won't. I guess it's true it is used a lot in some illegal stuff but IMO it would be unfair to forbid the currency. It is not BTC's fault what it is used for

Nimbulan

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Quote from: krishna1 on July 03, 2016, 11:58:52 PM

Yes, Bitcoin is like a Real money as we can see that we can buy illegal things with real money So we can also buy illegal things with Bitcoins. So it can be used for illegal activities......

i think you are definitely right about this, in my opinion with all the money there are some illegal activities performed and there is no way to avoid that most probably

of course bitcoin is used to perform illgeal activities though i doubt that we should be worried too much about it because it usually makes the bitcoin price go up a lot usually

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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 the best currency ever to use it to illegal activities like drugs,murders and money laundering.
Lol you can even launder illegaly earned btc through dicesites... Anyway i would say btc was made for criminals lol

Enotche

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Yes, there are plenty of people who once state control is absolutely not necessary. Among them are terrorists, drug traffickers, criminal businessmen, there are people who evade paying taxes. And there are a significant number of people who can not stand to feel in his pocket the state "monitoring" sticky hand.

But the factor of criminal trafficking can not be excluded: the currency, again, "bearer", and using the basic means of camouflage tie source and destination of payments with real people is almost impossible.

On the other hand, it is obvious that the Bitcoin, like any universal tool itself is not aimed at solving crime problems. So, blow on it robs humanity of some additional opportunities, and promising. Not only that - it deprived, as usual, solely in the interests of the holders of the traditional "market" - state and near-state regulators.

Maesters1-

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Quote from: krishna1 on July 03, 2016, 11:58:52 PM

Yes, Bitcoin is like a Real money as we can see that we can buy illegal things with real money So we can also buy illegal things with Bitcoins. So it can be used for illegal activities......

yes it is true. bitcoin may be use for illegal activities like other local currencies. but why are people only talk about bitoicn. why don't people talk about Dollar that it is used of illegal activities.

krishna1

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Yes, Bitcoin is like a Real money as we can see that we can buy illegal things with real money So we can also buy illegal things with Bitcoins. So it can be used for illegal activities......

Nevis

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Quote from: virtualdn on February 06, 2016, 07:51:04 AM

BTC is money just like other currency so I assume yes but let's concentrate on its good side.

That is very correct. Though it is actually true that bitcoin has been used in different illegal activities especially in the black market as others may say. But just like other legal tender they are also used in illegal activities. Hope this negative publicity about bitcoin will not lead the government to stopping it or regulating it to a state which is of disadvantage to us.

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Quote from: 23dzmaz on July 03, 2016, 08:14:23 PM

I think yes, bitcoin being used for illegal activites for some people, but we never know it because it's really secret and Illegal activities must be secret and nobody not know it.

everything has relationships with illegal activities is always secret to secure they from police . I think it's crazy to publish illegal activities on public.
they always are careful to take every step. bitcoin is always becoming once of the ways to doing this activity. some usefulness of bitcoin can save them from their rival or opponents.

Overwatch

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ive been now scamed from uk and america.. all others are simply okay.
i think especially the people from the west are scammers and use it illegal

23dzmaz

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I think yes, bitcoin being used for illegal activites for some people, but we never know it because it's really secret and Illegal activities must be secret and nobody not know it.

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Quote from: hermanhs09 on July 03, 2016, 06:51:55 PM

I think governments are scared of bitcoin despite the fact of what its being used for.

Though it being used for illegal activities does give them some form of "ammunition" for later on if they decide that they want to regulate it or try to bury it.

As much as I know, bitcoin is highly used in the black market for treacherous exchanges of goods or services because of the fact that bitcoin does not track it's owner's identity nor care of the nature of the business.

hermanhs09

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I think governments are scared of bitcoin despite the fact of what its being used for.

Though it being used for illegal activities does give them some form of "ammunition" for later on if they decide that they want to regulate it or try to bury it.

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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

We'll my opinion about that is that not impossible to happen because for some reason, people tend to use money for illegal activities, and since bitcoin is a currency and can use to buy stuffs and can be trade, maybe some people take advantade of it. But not all the way. Because there is a people using the bitcoin is for legal activities. It is depending on the happening or depending on their situation to used an activities transaction. 😇

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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.

They will be arrested if caught of course. But it will be near impossible unless they are tapped or wired. Bitcoin as currency have the same property as currency. Same goes same goes as they say, both can be used in legal activity and illegal activity. Lucky that with bitcoin's high volatility it gives profit.

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Quote from: Doamader on July 02, 2016, 09:57:09 AM

Quote from: MingLee on July 02, 2016, 08:47:36 AM

Quote from: bitlancr on July 01, 2016, 07:45:37 PM

Quote from: romero121 on June 30, 2016, 11:30:28 AM

Truly bitcoin is used in illegal activities. Recently came through a website which provides service of killing people. The websites gets payment only in terms of bitcoin.

Of course its just for criminal activities no doubts about that and its also logical that this is happening.
Its right now happening with every currency and I think its not bad because we cannot influance this at all.

It happens for every currency, in more or less every country in the world. it is the natural progression of the illegal marketplace, and I'm not surprised at all that something like this exists because there will always be people that are interested in getting another person killed, through one means or the other. I personally dislike the service, but I don't care whether or not it exists.

Full agree with your comment, all kind of money being digital, printed money will always be used for good and normal things as well the bad things, it comes with the money. We hate some people and we sometimes say we will kill , there are people that take serious competition and kill for nothing, life has no value these days.

I heard that bitcoin has a strict terms and conditions policy that prohibits using its service for illegal activities. May be it is used illegally at any distant corners, bitcoin is used only for good most probably.

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Quote from: MingLee on July 02, 2016, 08:47:36 AM

Quote from: bitlancr on July 01, 2016, 07:45:37 PM

Quote from: romero121 on June 30, 2016, 11:30:28 AM

Truly bitcoin is used in illegal activities. Recently came through a website which provides service of killing people. The websites gets payment only in terms of bitcoin.

Of course its just for criminal activities no doubts about that and its also logical that this is happening.
Its right now happening with every currency and I think its not bad because we cannot influance this at all.

It happens for every currency, in more or less every country in the world. it is the natural progression of the illegal marketplace, and I'm not surprised at all that something like this exists because there will always be people that are interested in getting another person killed, through one means or the other. I personally dislike the service, but I don't care whether or not it exists.

Full agree with your comment, all kind of money being digital, printed money will always be used for good and normal things as well the bad things, it comes with the money. We hate some people and we sometimes say we will kill , there are people that take serious competition and kill for nothing, life has no value these days.

MingLee

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Quote from: bitlancr on July 01, 2016, 07:45:37 PM

Quote from: romero121 on June 30, 2016, 11:30:28 AM

Truly bitcoin is used in illegal activities. Recently came through a website which provides service of killing people. The websites gets payment only in terms of bitcoin.

Of course its just for criminal activities no doubts about that and its also logical that this is happening.
Its right now happening with every currency and I think its not bad because we cannot influance this at all.

It happens for every currency, in more or less every country in the world. it is the natural progression of the illegal marketplace, and I'm not surprised at all that something like this exists because there will always be people that are interested in getting another person killed, through one means or the other. I personally dislike the service, but I don't care whether or not it exists.

prtty2gal2

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Quote from: blackmachinegun on July 01, 2016, 08:06:03 AM

Quote from: chineseprancing on June 29, 2016, 01:02:28 AM

Yes i think bitcoin is used at illegal things too. Like buying drugs , Guns ,or illegal things on the black market. Bitcoin can be used at good things too like donating to a charity anonymously

I think all currencies have participation on the black market so do not need to be amazed by it. bitcoin is also a currency
so it is natural that a person uses for things like that. I think aktvitas illegal is not a problem because no one will know the deal

Bitcoin has a very high participation in the black market and it's not something to be afraid of, nor something to be amazed of. Way back in 2012, I was checking on some onion sites just for the heck of it and most of the dealers there accept bitcoin as payment for their goods/services.
I never really knew what bitcoins back then and never really cared, until I looked it up.

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Quote from: romero121 on June 30, 2016, 11:30:28 AM

Truly bitcoin is used in illegal activities. Recently came through a website which provides service of killing people. The websites gets payment only in terms of bitcoin.

Of course its just for criminal activities no doubts about that and its also logical that this is happening.
Its right now happening with every currency and I think its not bad because we cannot influance this at all.

ning_chang

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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

Yes of course there are possibilities bitcoin can used illegal activities. It is depends on the transaction. Because you can buy an illegal transaction to website. It is depending on your dealing. We can buy an illegal activities on the website using bitcoin as a payment. So that's why it is possible to transact a illegal activities uaing bitcoin.

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