Is bitcoin being used for illegal activities - page 76.

escrowboy

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Quote from: fravia on June 30, 2016, 04:36:16 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

well i think from the day that bitcoin was created people started to use bitcoins for illegal things as it have very large privacy, so nobody can track who paid or such, that's why

but i think that fiat money is used for same things too, so that is not a huge problem of bitcoins even if it easier to do that with bitcoins i think, so that's ot a problem

When laszlo made a successful transaction with Pizza order that's the time illegal drugs started marketing their products thru bitcoin, that's why you see a sudden progress in bitcoin it is not only with users but also with this darkmarketplace that help the bitcoin.

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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

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Its been said a few times now already and i still see people posting that bitcoin is "too" illegal but all types of currencies are currently being used for illegal activities, WAY more than bitcoin currently is, but i understand why bitcoin is being used because it doesnt hold bound to 1 type of currency. Easy exchange to anything you like and you know exactly what your getting... thats why its a cryptocurrency.

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now many are using bitcoin to act against the law. I'm sure some of them are experienced. bitcoin is easy to use and transparent making it easier for criminals to transactions that do not fit.

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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.

haha, this is so funny because you can use dollar so much easier than bitcoin and find more people willing to do the dirty work.

p.s. why were you looking for a hitman? Cheesy

Enotche

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In fact, many believe that it is due to crime, we are obliged to the increased cost in the early years of Bitcoin. As criminals have found a Bitcoin as the anonymous (of course, now we know that he psevdoanonimen) coin to pay for a variety of illegal or prohibited goods. What is it then, criminals have become massively buying Bitcoin and use it.

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Quote from: Bitcoinsummoner on June 30, 2016, 01:24:34 PM

Before its my first time to heard bitcoin that bitcoin is use for illegal activities like buying guns without license and buying drugs using bitcoins before thats why i have no plan to use bitcoin because looks like its scam or it may risk my life..

Your life wont be at risk if you use bitcoin. its just a currency just like fiat. the users are the ones who decide what they want to do or what they want to buy with their coins. but its true that bitcoin is used to buy illegal things by some people.

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Quote from: bamboylee on June 30, 2016, 11:36:06 PM

Quote from: ?? on ??

Bitcoin is used for illegal activities but so are many other currencies, I do not see how this could effect the Bitcoin price.

Precisely, any currency can be used in illegal activities. It is already known that bitcoin is used in underground market and yet here we are. The price is soaring high and the community is growing steadily. It can be used in good or illegal ways, but it is just a currency. The fault is in the user not in bitcoin.

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Re: Is bitcoin being used for illegal activities
May 24, 2016, 11:32:05 AM
Reply with quote #664
Quote from: bitcoin110011 on February 06, 2016, 12:11:09 PM
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 guess it depends on who uses bitcoin. I personally use bitcoin only for positive activities, and only some people using bitcoin for illegal activities. And the government will not remove bitcoin, Because bitcoin is decentralized.

bamboylee

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Quote from: ?? on ??

Bitcoin is used for illegal activities but so are many other currencies, I do not see how this could effect the Bitcoin price.

Precisely, any currency can be used in illegal activities. It is already known that bitcoin is used in underground market and yet here we are. The price is soaring high and the community is growing steadily. It can be used in good or illegal ways, but it is just a currency. The fault is in the user not in bitcoin.

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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

well i think from the day that bitcoin was created people started to use bitcoins for illegal things as it have very large privacy, so nobody can track who paid or such, that's why

but i think that fiat money is used for same things too, so that is not a huge problem of bitcoins even if it easier to do that with bitcoins i think, so that's ot a problem

MTBTT

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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.

Lol fiat could also buy weapons? so I think a stop to taunt bitcoin. bitcoin is also a currency? bitcoin only method to pay? if you want to blame. blame the users themselves

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Quote from: Bitcoinsummoner on June 30, 2016, 01:24:34 PM

Before its my first time to heard bitcoin that bitcoin is use for illegal activities like buying guns without license and buying drugs using bitcoins before thats why i have no plan to use bitcoin because looks like its scam or it may risk my life..

What lol, why would you be at risk because someone somewhere buys drugs with bitcoin? I think you need to re-read the white paper by Satoshi Nakamoto.
https://bitcoin.org/bitcoin.pdf

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Before its my first time to heard bitcoin that bitcoin is use for illegal activities like buying guns without license and buying drugs using bitcoins before thats why i have no plan to use bitcoin because looks like its scam or it may risk my life..

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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.

The same way that should exist a similar service working with cash, I don't understand why this question keeps being coming and going.
Bitcoin is money, digital money with the possibility of being anonymous, the same way money is being used to good things it can and its used for bad things why with bitcoin would be different?

RodeoX

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The revolution will be monetized!

The plot thickens. Dollars are also used for illegal activities! Shocked

Guess it's time to use holy water as a currency. Huh

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It better not be, that would be illegal.

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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.

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Quote from: praprata on June 29, 2016, 04:18:35 AM

I am not sure about this but I think that it is being used for illegal activities but I do not pay any attention to that because I am here for my self.
That people are here for illegal stuff that is there problem and they should decide what to do.

bitcoin has facilities to conduct transactions in secret to enjoy it you do not need to purchase the facility. The facility is free you know. yeah users decide and take responsibility for what they do because bitcoin decentralization. so the onus is on each user

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Quote from: praprata on June 29, 2016, 04:18:35 AM

I am not sure about this but I think that it is being used for illegal activities but I do not pay any attention to that because I am here for my self.
That people are here for illegal stuff that is there problem and they should decide what to do.

This is a reasonable thing, so don't ever count on this. because of all the currency in circulation in the world also has the same problem, so here we can only do it for yourself. If it concerns you then you have to solve the problem, but I think if we never perform illegal transactions then it is not a problem

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Quote from: qebtrix on June 28, 2016, 03:40:05 PM

bitcoin was used for illegal stuff and it will always be used for that i think

yeah there will always be. but this illegal activity occurs for all currencies as well. not on bitcoin only each country must have the mafia. and they are certainly doing illegal transactions so no need to look at currency bitcoin as criminals because all currencies have definitely bad side

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