Is bitcoin being used for illegal activities - page 86.

Cuntabula

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Quote from: angaper on June 02, 2016, 06:29:26 PM

When people is willing to do something bad, they will be willing to use all the available resources to do it. Unfortunately there are lots of detractors that have emphasized the use of bitcoins for illegal activities, but most of these crimes can also be carried out using fiat or metals with no problem.

You can also kill people with a hammer & drive nails with hand grenades.
Hand grenades are just so darn well suited for killing tho. Probably why hardware stores carry hammers and not hand grenades.

Quote from: 402blownstroker on June 02, 2016, 06:32:30 PM

Assuming that bad=illegal, yes. That will never stop and would be occuring with or without Bitcoin as a medium.

Sure, bad shit won't stop (and by "bad," i mean "bad"). And killing won't stop if hand grenades magically vanished.
And yet, I'm still unsure if that's reason enough to start selling hand grenades at hardware stores.
Must be getting old Sad

Soros Shorts

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Quote

Is bitcoin being used for illegal activities

I think so. I strongly believe that is it being used for illegal activities. And more importantly, being the simpleton retard that I am, I think we should just ask the government to ban it! Angry

To protect our children ...

What do you think?

402blownstroker

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Assuming that bad=illegal, yes. That will never stop and would be occuring with or without Bitcoin as a medium.

angaper

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When people is willing to do something bad, they will be willing to use all the available resources to do it. Unfortunately there are lots of detractors that have emphasized the use of bitcoins for illegal activities, but most of these crimes can also be carried out using fiat or metals with no problem.

owm123

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Quote from: StraightAArdvark on June 02, 2016, 04:58:53 PM

Sometimes bitcoin is used for illegal activities, OP, sometimes it is...

Quote from: StraightAArdvark on June 02, 2016, 08:31:33 AM

Britain's worst paedophile: Pervert, 30, abused HUNDREDS of young victims at Christian orphanages across south-east Asia - but why did UK police not raise the alarm?

Britain's worst paedophile who attacked hundreds of children in south-east Asia and used the 'dark web' to crowd-fund his abuse is facing 22 life sentences.
He turned to online paedophiles to crowdfund the abuse, allowing those who paid him in Bitcoins access to videos of him raping his victims.

Read more: http://www.dailymail.co.uk/news/article-3620004/Britain-s-worst-paedophile-Richard-Huckle-admits-scores-attack-children.html#ixzz4AQZFj4Q3
Follow us: @MailOnline on Twitter | DailyMail on Facebook

Hope the law enforcement can track the ppl who paid for this, following bitcoin blockchain trace. Will see.

BitHodler

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Quote from: buyinbtc on June 02, 2016, 04:59:46 PM

Quote from: pearl11 on June 02, 2016, 04:14:55 AM

Quote from: bladeandsoulguide on June 02, 2016, 03:06:30 AM

because bitcoin is anonymous

Youre definitely right ,thats why many are using bitcoins for illegal activities because it is anonymous.
Unless the user doesnt know how to hide his real bitcoin address.

bitcoin itself is not anonymous because you can easily track how the money goes in the blockchain, you have to use a lot of other things in order to be completely anonymous with bitcoins

of course bitcoins are used for illegal activities, all the money are used for it and bitcoin is not an exception so i dont think that we should worry about it too much right now

A lot other things? You just have to run your Bitcoins through a mixer which will make it much harder for some one to track your money streams.

That's the easiest way to protect your identity.

If you are really paranoid then you can even run your Bitcoins through a mixer, and then send it to an exchange as BTC-E which doesn't require you to verify yourself, and then once again use a mixer for the last time.

buyinbtc

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CryptoTalk.Org - Get Paid for every Post!

Quote from: pearl11 on June 02, 2016, 04:14:55 AM

Quote from: bladeandsoulguide on June 02, 2016, 03:06:30 AM

because bitcoin is anonymous

Youre definitely right ,thats why many are using bitcoins for illegal activities because it is anonymous.
Unless the user doesnt know how to hide his real bitcoin address.

bitcoin itself is not anonymous because you can easily track how the money goes in the blockchain, you have to use a lot of other things in order to be completely anonymous with bitcoins

of course bitcoins are used for illegal activities, all the money are used for it and bitcoin is not an exception so i dont think that we should worry about it too much right now

StraightAArdvark

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Sometimes bitcoin is used for illegal activities, OP, sometimes it is...

Quote from: StraightAArdvark on June 02, 2016, 08:31:33 AM

Britain's worst paedophile: Pervert, 30, abused HUNDREDS of young victims at Christian orphanages across south-east Asia - but why did UK police not raise the alarm?

Britain's worst paedophile who attacked hundreds of children in south-east Asia and used the 'dark web' to crowd-fund his abuse is facing 22 life sentences.
He turned to online paedophiles to crowdfund the abuse, allowing those who paid him in Bitcoins access to videos of him raping his victims.

Read more: http://www.dailymail.co.uk/news/article-3620004/Britain-s-worst-paedophile-Richard-Huckle-admits-scores-attack-children.html#ixzz4AQZFj4Q3
Follow us: @MailOnline on Twitter | DailyMail on Facebook

owm123

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Quote from: pearl11 on June 02, 2016, 04:14:55 AM

Quote from: bladeandsoulguide on June 02, 2016, 03:06:30 AM

because bitcoin is anonymous

Youre definitely right ,thats why many are using bitcoins for illegal activities because it is anonymous.
Unless the user doesnt know how to hide his real bitcoin address.

Bitcoin is not anonymous (http://www.bitcoinisnotanonymous.com/). It is pseduo-anonymous.

Even Theymos in his recent post, states that achieving anonymity with bitctoin is "very difficult" these days:

https://www.reddit.com/r/Bitcoin/comments/4ldwlu/is_basic_income_still_possible_in_a_world_where/d3mqoio

jhenfelipe

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I think yes. 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. That is the sad reality. But hopefully the number of people who use bitcoin for a good deed is higher than the number of people who use it for illegal activities.

Babayega31

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Cryptocurrency Wallet - Denaro.io

Quote from: lienfaye on June 02, 2016, 07:12:04 AM

Quote from: pearl11 on June 02, 2016, 04:14:55 AM

Quote from: bladeandsoulguide on June 02, 2016, 03:06:30 AM

because bitcoin is anonymous

Youre definitely right ,thats why many are using bitcoins for illegal activities because it is anonymous.
Unless the user doesnt know how to hide his real bitcoin address.

thats true. they can use bitcoin as online payments. though we can see the web of exchanges that bitcoin have been involved, it's impossible to see who is using them much less what they are buying.

Yes it used because it is the main currency in Darknet where yoi can buy illegal things that can be destructive or even pornographic paraphernalia ans also bitcoin is used by fraudster today because they take advantage the anonimosity of it because they cannot be trace for usinh bitcoin if they do illegal activities in online world.

Dekker3D

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The anonimity and ability to transfer funds anytime, anywhere makes it a double edged sword for it can also be used in illegal activities or extortion. Now, criminals no need to worry about how to get the ransom money. Someday, cryptocurrency will be used in movies as well especially during syndicate transactions.

lienfaye

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Quote from: pearl11 on June 02, 2016, 04:14:55 AM

Quote from: bladeandsoulguide on June 02, 2016, 03:06:30 AM

because bitcoin is anonymous

Youre definitely right ,thats why many are using bitcoins for illegal activities because it is anonymous.
Unless the user doesnt know how to hide his real bitcoin address.

thats true. they can use bitcoin as online payments. though we can see the web of exchanges that bitcoin have been involved, it's impossible to see who is using them much less what they are buying.

Searing

copper member

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Clueless!

I need BTC to be worth 10,000 usd a BTC. Then I could somehow 'walk a fine line' ...ie .....does the hot model trophy wife really really love me for me or my BTC?

Would be a fun/interesting way to plumb the depths of 'self denial' and 'self-delusion' .......(good to have goals)

So this probably is an 'illegal' activity from the 'moral point of view' ...but then again ....... not like in such an endeavor being 'stalked' would I have a lot of say in the

result anyway (perhaps a good lawyer for the pre-nuptial agreement)

Weak I am ...Weak I tell you

pearl11

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Quote from: bladeandsoulguide on June 02, 2016, 03:06:30 AM

because bitcoin is anonymous

Youre definitely right ,thats why many are using bitcoins for illegal activities because it is anonymous.
Unless the user doesnt know how to hide his real bitcoin address.

Doms

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Activity: 714

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Anything that has value can be used both for good and bad. Although it is easier to buy illegal stuff with bitcoin because of anonymity, the same is also doable with our traditional money. There maybe a lot of reported illegal activities related to bitcoin, but we see everyday in the news people doing illegal stuff with their dollars, their yen, their euros and what have you.

bladeandsoulguide

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because bitcoin is anonymous

buy and sell blade and soul gold we accept bitcoins

Cybertron00

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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

here in our country bitcoin is known as money of criminals, drug dealers and other illegal activity but bitcoin not illegal here just the people know about bitcoin is bad and use by bad guys, so if you try to tell to your friend that you saving bitcoin they will start creating story on you and if you go out all people will curse you cause they only know that bitcoin is for bad people only

pocarime32

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Quote from: vlight on May 29, 2016, 07:40:53 AM

Just like cash is used for illegal activities, so is Bitcoin and other cryptocurrencies.

I agree with you. Every currencies always have an illegal activities but only some people know about that activites and i think bitcoin also have a illegal activities.

DuckKeeper

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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

It is possible that criminals make use of Bitcoin because of the fact that you cannot know who they are. So you cannot blame them for the fact they make good use of something.

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