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Topic: is ISIS really using Bitcoin? (Read 5154 times)

legendary
Activity: 3108
Merit: 1359
December 02, 2015, 11:52:48 AM
Distribution of services, which are being used by IS, should be similar to this of regular people. So they're using everything, including cash and some tiny amount of bitcoin, which is mostly used for online fundrasing.
sr. member
Activity: 882
Merit: 429
December 02, 2015, 11:09:18 AM
Certainly have the means, would not uncommon that most of the weapons bought by paying with BTC.
member
Activity: 101
Merit: 10
Just another man trying to find his way.
December 01, 2015, 04:03:25 PM
Of course they are using bitcoin! You think that it was just silkroaders that understand what anonymous money transactions can do. Think about it from a terrorist POV... they can pay people all over the world and basically be impossible to trace. In a world where we are waging cyber wars, it would take physical tracking to find out exactly where these terrorists coins come from in the end.

Although it really doesn't matter what currency they are using, lets focus on what's important and that is the activities these hatred fuel beings partake in... Also there is much interest in crushing crypto by certain groups of people in the world so don't buy into the idea that they push about how btc is used for bad things...
full member
Activity: 154
Merit: 100
December 01, 2015, 02:22:00 PM
sure they will be using any mode of payment service, be it bitcoin or any other form of transaction that can really serve their purpose.
newbie
Activity: 8
Merit: 0
December 01, 2015, 02:13:20 PM
Is this a bitcoin address for ISIS? Looks appropriate.

1Vio1entPedophi1eProphet88228FSmd
newbie
Activity: 42
Merit: 0
December 01, 2015, 10:36:31 AM
Maybe maybe use it.
full member
Activity: 224
Merit: 100
December 01, 2015, 08:49:48 AM
Maybe they are using bitcoin, but that is just not the main thing for them. I think the main thing is the oil.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
December 01, 2015, 08:47:02 AM
If they really using bitcoins...
it is a very bad news for bitcoin .
as it will affect the users of it..
i just hope that the governments dont do anything bad in bitcoin.
Sad  well good luck to us.

How is it bad news for bitcoin? It's just like saying that the terrorists are using the dollar, how is it effecting the dollar? and how is it effecting the users of bitcoin?

Last I have heard is that they are using Turkish dollars! $800 million worth of oil apparently they have sold to the Turks for the very nice price of - 50% under the current market value.

Now this is where ISIS is financed from and what they are really using and not Bitcoin!


The cash is here so long and disallow to use cash would not get you much popularity because everyone use cash. Also it would surprise nobody if ISIS is using cash because it is normal - everyone uses cash. But Bitcoin is quite different, Bitcoin is not used by many and may be viewed by majority as a suspicious easily then, it might be like Jude situation in early twenties - we are still the same humans with the same fears.

The way I see it, this situation can only be used against us if they want and need to shut us down no matter what. But I don't think this is the case. I mean look, no new statements, dust has settled down and I think that we keep over mentioning this and worrying about it too much!

Nothing bad is going to happen to Bitcoin about this ISIS nonsense in my opinion!
full member
Activity: 126
Merit: 100
November 30, 2015, 06:39:03 PM
Its very likely but like some people stated we may never know it's all anonymous
hero member
Activity: 826
Merit: 1000
November 30, 2015, 06:36:29 PM
it seems that the news is true, we know there is no governing bitcoin probably because that isis using bitcoin for the purposes of buying guns, bullets, and other equip.
sr. member
Activity: 423
Merit: 250
November 30, 2015, 06:26:05 PM
If they really using bitcoins...
it is a very bad news for bitcoin .
as it will affect the users of it..
i just hope that the governments dont do anything bad in bitcoin.
Sad  well good luck to us.

How is it bad news for bitcoin? It's just like saying that the terrorists are using the dollar, how is it effecting the dollar? and how is it effecting the users of bitcoin?

Last I have heard is that they are using Turkish dollars! $800 million worth of oil apparently they have sold to the Turks for the very nice price of - 50% under the current market value.

Now this is where ISIS is financed from and what they are really using and not Bitcoin!


The cash is here so long and disallow to use cash would not get you much popularity because everyone use cash. Also it would surprise nobody if ISIS is using cash because it is normal - everyone uses cash. But Bitcoin is quite different, Bitcoin is not used by many and may be viewed by majority as a suspicious easily then, it might be like Jude situation in early twenties - we are still the same humans with the same fears.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
November 30, 2015, 06:20:26 PM
Last I have heard is that they are using Turkish dollars! $800 million worth of oil apparently they have sold to the Turks for the very nice price of - 50% under the current market value.

Now this is where ISIS is financed from and what they are really using and not Bitcoin!
hero member
Activity: 812
Merit: 500
November 30, 2015, 05:44:36 PM
They can use this because its good for them and peoples who are giving aid to them as both parties anonymous doing their stuff secretly
hero member
Activity: 613
Merit: 501
November 30, 2015, 05:41:56 PM
It doesn't matter what they are using. ISIS is the problem, not Bitcoin. We can ban the Internet, weapons, cancel sport events, but the problem still will be there. If someone will fall for the propaganda against Bitcoin, I pity the fool.
sr. member
Activity: 294
Merit: 250
November 30, 2015, 03:53:28 PM
We all not know until isis declare it officially.
But its not matter for every Bitcoiner,keep calm Smiley
legendary
Activity: 3374
Merit: 1824
November 30, 2015, 03:45:43 PM
It seems that ISIS people are very good in modern technologies so I'm almost 100 % sure they are using bitcoin.
Why?
All world is against them so they have to hide their identities and finances and Bitcoin is the best option for them.
 
legendary
Activity: 1372
Merit: 1252
November 30, 2015, 03:12:25 PM
The fact the mainstream media keeps talking about this nonsense prove how little they know about Bitcoin. It is way easier to get their illicit activities funded with cash rather than Bitcoin. First of all I doubt they know how to properly do the whole thing, which means proper knowledge of mixing, outputs and inputs, tor... it's really annoying, they get things easily done with their illegal oil and drugs business.
When have the mainstream media had an idea of what they're talking about  Cheesy

The thing with IS is that they probably think Bitcoin is some great evil because it comes from the west and uses the evil thing called the internet. There is so little evidence that IS can and is using Bitcoin that it is useless to speculate about it. They make enough money from oil and gold sales on the black market, so there's no reason for them to have to change.

What's even funnier is the fact that IF they are using Bitcoin (and if they are it's like 0.00000001% of their source of income) they are most likely using Tor and Tor was developed by US Army/intelligence department, so should the US Army/intelligence be blamed to be the inventors of what allows for Bitcoin to be more anonymous? Cheesy
legendary
Activity: 1218
Merit: 1007
November 30, 2015, 02:23:13 PM
The fact the mainstream media keeps talking about this nonsense prove how little they know about Bitcoin. It is way easier to get their illicit activities funded with cash rather than Bitcoin. First of all I doubt they know how to properly do the whole thing, which means proper knowledge of mixing, outputs and inputs, tor... it's really annoying, they get things easily done with their illegal oil and drugs business.
When have the mainstream media had an idea of what they're talking about  Cheesy

The thing with IS is that they probably think Bitcoin is some great evil because it comes from the west and uses the evil thing called the internet. There is so little evidence that IS can and is using Bitcoin that it is useless to speculate about it. They make enough money from oil and gold sales on the black market, so there's no reason for them to have to change.
hero member
Activity: 774
Merit: 500
Lazy Lurker Reads Alot
November 30, 2015, 01:06:02 PM
It is so funny that people whine about bitcoin being used by criminals, fact still stand that cash is the biggest one and that will not change in the years to come.
Yes banks are more often involved with criminal business than bitcoinw will be for a long time.
But those sticking your head in the sand and saying bitcoin is not used by criminals is beyond normal reasoning.
Ofcourse its used by crimimals >PERIOD<
That will not change the fact that its still a handy way of sending some money to whatever means i want it to use for.
There are so many normal shops and non illegal people doing fair trades with it, so stop whining and use bitcoin as you like.
legendary
Activity: 1610
Merit: 1183
November 30, 2015, 12:53:46 PM
The fact the mainstream media keeps talking about this nonsense prove how little they know about Bitcoin. It is way easier to get their illicit activities funded with cash rather than Bitcoin. First of all I doubt they know how to properly do the whole thing, which means proper knowledge of mixing, outputs and inputs, tor... it's really annoying, they get things easily done with their illegal oil and drugs business.
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