I think i heard before that bitcoin is the way for anonymous transactions so i think many illegal activities behind bitcoin.. i saw some tor site from dark web that you can see more illegal sales in darkweb that you can only access using tor.. until now they are using bitcoin as payment not paypal or needs real information before you can deposit.. so they are using bitcoin because they dont need to give real information to deposit and to transact your money to merchant.. also bitmixer can be use to dont traces all transactions..
Not only because anonymous transactions, bitcoin will use for illegal activities if someone want do illegal activities not care with bitcoin or fiat money they still do it. it's all back how big opportunity to they could do illegal activites. 
Topic: Is bitcoin being used for illegal activities - page 88. (Read 139758 times)
Every currency is beeing used for illegal activities.
It would not hurt bitcoin in my opinion.
When the mainstream will join bitcoin, then the illegal activities will be only a very small area.
It would not hurt bitcoin in my opinion.
When the mainstream will join bitcoin, then the illegal activities will be only a very small area.
That is right. If more good people like us use the bitcoin, it will be a currency used for good causes.
Yes it is right but every currency be it small or large is used by criminals on the scale of it's market cap.
Is the market cap big then more criminals use it and vice versa.
It's not a problem with bitcoin, but a problem with law enforcement unable to chase criminals
Every currency is beeing used for illegal activities.
It would not hurt bitcoin in my opinion.
When the mainstream will join bitcoin, then the illegal activities will be only a very small area.
It would not hurt bitcoin in my opinion.
When the mainstream will join bitcoin, then the illegal activities will be only a very small area.
That is right. If more good people like us use the bitcoin, it will be a currency used for good causes.
Every currency is beeing used for illegal activities.
It would not hurt bitcoin in my opinion.
When the mainstream will join bitcoin, then the illegal activities will be only a very small area.
It would not hurt bitcoin in my opinion.
When the mainstream will join bitcoin, then the illegal activities will be only a very small area.
In the beginning, what paved the path to success in bitcoin was the use of bitcoin in illegal online transactions in the deep web, and is still used in the deep web for things like drug sales.
The most important thing is that we should not get involved in using illegal activities, and we should not care what others are doing, we are making honest efforts to earn it and that is more important.
Actions of others do affect us and if someone does something bad,it effect the entire society.It is not right to say we should not care what others are doing.Their actions are giving bitcoin a bad name The most important thing is that we should not get involved in using illegal activities, and we should not care what others are doing, we are making honest efforts to earn it and that is more important.
you are true as the supporters of bitcoin we should not have to think about that matters and have to support bitcoin and have to give it success as much as possible, but still as a good citizens of our countries and of the world we have to detect that who are the people who use that for illegal usage and how they are using it and how we have to avoid that type of activities.
yes bitcoin is used for illegal activities.
you know what else is used for illegal activities?
dollars
and euros, especially euros.
but who cares really?
illegal activities are going to happen no matter what currency you use.
The point of bitcoin was never to stop crime.
you know what else is used for illegal activities?
dollars
and euros, especially euros.
but who cares really?
illegal activities are going to happen no matter what currency you use.
The point of bitcoin was never to stop crime.
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 think that Bitcoin is being used for illegal activities because of the fact that you can hide your information and stuff. These cyber criminals are making use of this feature so there is not really much you can do to them 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
In the future, bitcoin can be regulated, you have to register your bitcoin address with the authority.
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 think that Bitcoin is being used for illegal activities because of the fact that you can hide your information and stuff. These cyber criminals are making use of this feature so there is not really much you can do to them 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 think i heard before that bitcoin is the way for anonymous transactions so i think many illegal activities behind bitcoin.. i saw some tor site from dark web that you can see more illegal sales in darkweb that you can only access using tor.. until now they are using bitcoin as payment not paypal or needs real information before you can deposit.. so they are using bitcoin because they dont need to give real information to deposit and to transact your money to merchant.. also bitmixer can be use to dont traces all transactions..
They use bitcoin for illegal activities because it is not a physical currency.
yeah because it's not physical form that makes it easier bitcoin being misused. using digital money is easier to use and sent to anywhere This will make it easier to carry out illegal activities let alone the nature of the anonymous bitcoin. This makes a lot of people interested in using bitcoin for illegal activitiesBut it is also bad but we cant know what will happen with the value of Bitcoin and that is bad.
They use bitcoin for illegal activities because it is not a physical currency.
yeah because it's not physical form that makes it easier bitcoin being misused. using digital money is easier to use and sent to anywhere This will make it easier to carry out illegal activities let alone the nature of the anonymous bitcoin. This makes a lot of people interested in using bitcoin for illegal activitiesBut it is also bad but we cant know what will happen with the value of Bitcoin and that is bad.
Quote
The Islamic State of Iraq and Syria (ISIS) has been called the world’s richest terror group. While the group generates the majority of its funds through oil fields seized in northern Iraq and Syria, it still relies on a number of other ways to secure financing. Donations from wealthy sympathizers greatly helped ISIS when it was first established. However, now that global governments are aware of ISIS and actively look to track and block all funding efforts through banking channels, donations have become harder to receive. These difficulties have not stopped ISIS from seeking ways to bypass sanctions and money-laundering filters, however. The group has begun to use cryptocurrencies such as Bitcoins as it looks for anonymous and untraceable ways to transfer money.
https://securityintelligence.com/isis-are-they-using-bitcoins-to-fund-criminal-activities/
Quote
Bitcoin and Silk Road
Many of you know what Silk Road was all about. If you don’t here’s a brief description. Silk Road was essentially an Ebay for criminals. It was an online marketplace mainly for dealing drugs but on top of that you could also purchase guns, hire a hitman and anything else you might need for your supervillain plans. Silk Road used Bitcoin as a payment system. Mainly because of Bitcoin’s anonymity but as you know, Bitcoin isn’t really anonymous, quite the opposite in fact. Hence the guys who didn’t spend enough effort into hiding their trails got caught. Silk Road was closed down in October 2013 by the FBI and its founder Ross William Ulbricht is serving life in prison without parole. Ironically an US undercover agent working on the Silk Road case also stole $700 000 worth of Bitcoin during the investigation. The agent, Carl Force is facing 20 years in prison for various charges.
https://blog.hitbtc.com/is-bitcoin-used-for-illegal-activities/
Many of you know what Silk Road was all about. If you don’t here’s a brief description. Silk Road was essentially an Ebay for criminals. It was an online marketplace mainly for dealing drugs but on top of that you could also purchase guns, hire a hitman and anything else you might need for your supervillain plans. Silk Road used Bitcoin as a payment system. Mainly because of Bitcoin’s anonymity but as you know, Bitcoin isn’t really anonymous, quite the opposite in fact. Hence the guys who didn’t spend enough effort into hiding their trails got caught. Silk Road was closed down in October 2013 by the FBI and its founder Ross William Ulbricht is serving life in prison without parole. Ironically an US undercover agent working on the Silk Road case also stole $700 000 worth of Bitcoin during the investigation. The agent, Carl Force is facing 20 years in prison for various charges.
https://blog.hitbtc.com/is-bitcoin-used-for-illegal-activities/
Quote
Bitcoin, the Internet currency beloved by computer scientists, libertarians, and criminals, is no longer invulnerable. As recently as 3 years ago, it seemed that anyone could buy or sell anything with Bitcoin and never be tracked, let alone busted if they broke the law. “It’s totally anonymous,” was how one commenter put it in Bitcoin's forums in June 2013. “The FBI does not have a prayer of a chance of finding out who is who.”
The Federal Bureau of Investigation (FBI) and other law enforcement begged to differ. Ross Ulbricht, the 31-year-old American who created Silk Road, a Bitcoin market facilitating the sale of $1 billion in illegal drugs, was sentenced to life in prison in February 2015. In March, the assets of 28-year-old Czech national Tomáš Jiříkovský were seized; he’s suspected of laundering $40 million in stolen Bitcoins. Two more fell in September 2015: 33-year-old American Trendon Shavers pleaded guilty to running a $150 million Ponzi scheme—the first Bitcoin securities fraud case—and 30-year-old Frenchman Mark Karpelès was arrested and charged with fraud and embezzlement of $390 million from the now shuttered Bitcoin currency exchange Mt. Gox.
http://www.sciencemag.org/news/2016/03/why-criminals-cant-hide-behind-bitcoin
The Federal Bureau of Investigation (FBI) and other law enforcement begged to differ. Ross Ulbricht, the 31-year-old American who created Silk Road, a Bitcoin market facilitating the sale of $1 billion in illegal drugs, was sentenced to life in prison in February 2015. In March, the assets of 28-year-old Czech national Tomáš Jiříkovský were seized; he’s suspected of laundering $40 million in stolen Bitcoins. Two more fell in September 2015: 33-year-old American Trendon Shavers pleaded guilty to running a $150 million Ponzi scheme—the first Bitcoin securities fraud case—and 30-year-old Frenchman Mark Karpelès was arrested and charged with fraud and embezzlement of $390 million from the now shuttered Bitcoin currency exchange Mt. Gox.
http://www.sciencemag.org/news/2016/03/why-criminals-cant-hide-behind-bitcoin
They have many cases of crimes involving bitcoins.
Just as there are many cases of crimes involving money ( Dollar, EURO, Pound )
The most important thing is that we should not get involved in using illegal activities, and we should not care what others are doing, we are making honest efforts to earn it and that is more important.
The main reason that my goverment forbid bitcoin usage because bitcoin is a currency that untraceable !
If untraceable, people may use this chance to purchase something illegal like drug ,gun, etc
As bitcoin grown , there are many to try to make bitcoin go down
If untraceable, people may use this chance to purchase something illegal like drug ,gun, etc
As bitcoin grown , there are many to try to make bitcoin go down
As bitcoin is anonymous the usage in illegal activities were very easy compared to our country currencies. Also there is no taxation problems involved. For these reasons most people use it for illegal activities. There are people who stands out of bitcoin just of its increased illegal usage.
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
illegal activity might will not this hurt bitcoin in the long run,its just give bad effect in the way bitcoin to more gain popularity,bitcoin will have black label because its used for illegal activity,and new people will think all bitcoin used for that.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
Correct, bitcoin like any other currency is used for illegal things. This is not something exclusively for bitcoin. While it can be said that it is easier for criminals to use bitcoin since there are no limits like banks or creditcard companies have.
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
illegal activity might will not this hurt bitcoin in the long run,its just give bad effect in the way bitcoin to more gain popularity,bitcoin will have black label because its used for illegal activity,and new people will think all bitcoin used for that. 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 have heard that bitcoin was used to support terrorists. so many dangerous activities that bitcoin can be used for, and we all can imagine why.
Then you have also heard that fiat is being used to finance wars and all other stuff that come with it. Same goes up for diamonds and Gold. They are just a tool with value that anyone can use to do illegal things with.
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