Topic: The Bitcoin Community Is Now Dominated by Speculators Not Criminals!! - page 3. (Read 1226 times)
August 24, 2018, 01:15:13 AM
It is possible that the criminal world uses transactions in the crypto currency, but most of them are accounted for by market speculation.
August 24, 2018, 01:12:50 AM
another shitty article is being shared by the owner of the website on this forum for click bait purposes!
I don't know when these people are going to realize that "essay writing" is not the same as "article writing". an article is something with valuable information, some research and real sources. for instance there is no valid information about how the activities on bitcoin blockchain are being measured. OP is just making things up as he goes to make something possibly because he has read some tweet or some random comment in the social media.
I don't know when these people are going to realize that "essay writing" is not the same as "article writing". an article is something with valuable information, some research and real sources. for instance there is no valid information about how the activities on bitcoin blockchain are being measured. OP is just making things up as he goes to make something possibly because he has read some tweet or some random comment in the social media.
August 23, 2018, 11:17:18 PM
Even though bitcoin has been criticized a lot that it's mostly used by criminals for illegal actions,i think that it has been over zoomed.
But speculators also could not be welcomed as they don't contribute anything for cryptos and just help to destabilise the market by price fluctuations.But the sad thing is that even criminals ratio could get reduced in cryptos but not the speculators and they would last till the end.
But speculators also could not be welcomed as they don't contribute anything for cryptos and just help to destabilise the market by price fluctuations.But the sad thing is that even criminals ratio could get reduced in cryptos but not the speculators and they would last till the end.
August 23, 2018, 09:34:02 PM
Currently, the ratio of legal to illegal activity on the bitcoin network has completely changed trend as the former surpasses the former. This was stated by DEA Agent Lilita Infante at the U.S Drug Enforcement Administration.
Is the number of criminals on the bitcoin network has significantly reduced compared to early days?
https://coinpedia.org/news/bitcoin-network-speculators-not-criminals/
Is the number of criminals on the bitcoin network has significantly reduced compared to early days?
https://coinpedia.org/news/bitcoin-network-speculators-not-criminals/
Yes i agree with you. The speculators want to make quick profit from market movements.
They even can manipulate the market to get more profit by buying the low price after they dump.
I think not much criminals exist in cryptocurrency, other than scam icos and projects.
August 23, 2018, 02:38:29 PM
I do not know and I do not think that bitkoyn-crime is now widespread, it can eat a little, but not particularly. Yes, they can hack accounts, but no more than
August 23, 2018, 01:33:40 PM
Yes, I agree with you, but the existence of crime in the crypto world always has a big influence in destroying the market. and criminals will not leave the crypto world.
Bitcoin network systems always have new innovations, and security is an important value that always be considered, so that criminals cannot use bitcoin for their benefit.
Bitcoin network systems always have new innovations, and security is an important value that always be considered, so that criminals cannot use bitcoin for their benefit.
August 23, 2018, 12:43:25 PM
Criminal speculators 
. What makes you say that? Did you based your findings by interviewing criminals? I thought underworld organizations want to stay under the radar. 
. What makes you say that? Did you based your findings by interviewing criminals? I thought underworld organizations want to stay under the radar. 
August 23, 2018, 11:35:58 AM
I guess that the criminals decided to use Monero, Dash, ZCash or other anonymous crypto currencies, because their transactions can't be tracked. Yes, Bitcoin is quite transparent crypto currency, so BTC is trusted by many people.
Anyways, I think that the overall dark market was not reduced, but illegal activities are paid in other coins. Therefore currently the most of Bitcoin transactions are made by speculators.
Anyways, I think that the overall dark market was not reduced, but illegal activities are paid in other coins. Therefore currently the most of Bitcoin transactions are made by speculators.
Yes, but where does those currencies end up after they used those Alt coins? How many merchants do you know that accepts Monero or Dash or ZCash? In many instances those mentioned currencies are used, because they have better anonymity, but eventually it ends up being converted back to BTC to enable these criminals to spend it.
We want to ignore that, but it is true.
Guess that's where mixing services come in, right?
The criminals could have simply moved all their money out to more secure cryptos and keep and transact there and just convert to btc when they need the money back in fiat. That could skew the numbers since these would be new money coming in.
LOL, I was responding to the comment that criminals have moved on to other cryptos and that they may still be using btc but under the radar.
I wouldn't call speculators criminals, I'm not an SJW. There are speculators in every market, they're who keeps things moving. After all, they're the ones who buy in in bulk and that money tend to go back in the market again after they've made a profit.
August 21, 2018, 12:25:59 PM
That is the affect of being recognized by law, knowing that the US government have already acknowledged the presence of exchanges in the US their is no doubt the the common market will be more in trading rather than the use in illegal activities. Although I don't think that is the only factor as they probably is using other cryptocurrencies in their methods to do crime, also the news only covered BTC which is supporting what I think that they have move on to another cryptocurrency, and what others have said earlys Monero, Dash, Ripple, and Zcash are one of the most preferred cryptocurrencies for anonymity.
August 21, 2018, 12:16:57 PM
I think any new one is going through a difficult path. A lot of time must pass before the government starts to really promote the legality of the crypto currency.
August 21, 2018, 11:50:30 AM
Currently, the ratio of legal to illegal activity on the bitcoin network has completely changed trend as the former surpasses the former. This was stated by DEA Agent Lilita Infante at the U.S Drug Enforcement Administration.
Is the number of criminals on the bitcoin network has significantly reduced compared to early days?
https://coinpedia.org/news/bitcoin-network-speculators-not-criminals/
Speculators are the players of the Bitcoin market and to be honest I, you or we all here did it because we believe in the idea of Bitcoin itself. Transparency of Bitcoin won't attract the eyes of criminals because they need crypto's that are having anonymous transactions like Monero. Criminals don't like to play speculations because all they are doing is to evade law and transact privately for their illegal activities. Is the number of criminals on the bitcoin network has significantly reduced compared to early days?
https://coinpedia.org/news/bitcoin-network-speculators-not-criminals/
August 21, 2018, 11:36:19 AM
with each different countries come up with new laws - controlling and regulating the crypto industry! Today, there are fewer and fewer Mossics, the biggest moshchenki left only in new projects! new projects - the mosses are trying to raise money and disappear!
August 21, 2018, 05:51:53 AM
The offenders only use it as a way to settle illegal transactions away from the law through anonymity. Speculators are the people who own a lot of Bitcoin, and they can use the significant resources to influence the market negatively or positively if they want.
August 21, 2018, 05:49:33 AM
I guess that the criminals decided to use Monero, Dash, ZCash or other anonymous crypto currencies, because their transactions can't be tracked. Yes, Bitcoin is quite transparent crypto currency, so BTC is trusted by many people.
Anyways, I think that the overall dark market was not reduced, but illegal activities are paid in other coins. Therefore currently the most of Bitcoin transactions are made by speculators.
Anyways, I think that the overall dark market was not reduced, but illegal activities are paid in other coins. Therefore currently the most of Bitcoin transactions are made by speculators.
Yes, but where does those currencies end up after they used those Alt coins? How many merchants do you know that accepts Monero or Dash or ZCash? In many instances those mentioned currencies are used, because they have better anonymity, but eventually it ends up being converted back to BTC to enable these criminals to spend it.
We want to ignore that, but it is true.
Guess that's where mixing services come in, right?
The criminals could have simply moved all their money out to more secure cryptos and keep and transact there and just convert to btc when they need the money back in fiat. That could skew the numbers since these would be new money coming in.
August 21, 2018, 05:32:12 AM
I guess that the criminals decided to use Monero, Dash, ZCash or other anonymous crypto currencies, because their transactions can't be tracked. Yes, Bitcoin is quite transparent crypto currency, so BTC is trusted by many people.
Anyways, I think that the overall dark market was not reduced, but illegal activities are paid in other coins. Therefore currently the most of Bitcoin transactions are made by speculators.
Anyways, I think that the overall dark market was not reduced, but illegal activities are paid in other coins. Therefore currently the most of Bitcoin transactions are made by speculators.
Yes, but where does those currencies end up after they used those Alt coins? How many merchants do you know that accepts Monero or Dash or ZCash? In many instances those mentioned currencies are used, because they have better anonymity, but eventually it ends up being converted back to BTC to enable these criminals to spend it.
We want to ignore that, but it is true.
Guess that's where mixing services come in, right?
The criminals could have simply moved all their money out to more secure cryptos and keep and transact there and just convert to btc when they need the money back in fiat. That could skew the numbers since these would be new money coming in.
August 13, 2018, 01:32:57 AM
Criminals leaving the bitcoin market could be one of the reasons for the slump in price. All this regulation might be pushing them to regular money laundering tactics instead.
August 13, 2018, 01:31:36 AM
I guess that the criminals decided to use Monero, Dash, ZCash or other anonymous crypto currencies, because their transactions can't be tracked. Yes, Bitcoin is quite transparent crypto currency, so BTC is trusted by many people.
Anyways, I think that the overall dark market was not reduced, but illegal activities are paid in other coins. Therefore currently the most of Bitcoin transactions are made by speculators.
Anyways, I think that the overall dark market was not reduced, but illegal activities are paid in other coins. Therefore currently the most of Bitcoin transactions are made by speculators.
Yes, but where does those currencies end up after they used those Alt coins? How many merchants do you know that accepts Monero or Dash or ZCash? In many instances those mentioned currencies are used, because they have better anonymity, but eventually it ends up being converted back to BTC to enable these criminals to spend it.
We want to ignore that, but it is true.
August 13, 2018, 01:24:03 AM
Obviously we shouldn't try to curtail that behaviour, because they're free to do that if they want. But at the same time, we shouldn't lose sight of the goal of ordinary people having access to a secure, incorruptible and open alternative to fiat. We should do as much as we can to encourage things that lead to people being able to buy and sell actual goods and services with their bitcoins. That's what a proper economy should look like. There should be some productivity involved somewhere. Speculation alone doesn't meet that criteria. Detractors like Warren Buffett argue that "Bitcoin doesn't produce anything" and we're sadly going to prove them correct if we don't find a way past this purely speculative mindset.
I completely agree. Bitcoin is a currency and should primarily be used as such in my opinion. I don't think speculators are harmful though, because it's not like they kill its utility. They're free to do what they want, as you say, and we're free to do what we want. We can promote Bitcoin as a currency while they use it to speculate. Some use it both ways and that's perfectly fine too. They're not mutually exclusive.
I just think that Bitcoin is currently better known as an investment/store of value because it can fulfill that role better than its currency role. Once scalability and other features that improve its utility catch up, I'm sure more people will start taking it seriously no matter what its reputation may be. Meanwhile, I just think it's best to get it on the hands of as many people as possible.
Speculation shouldn't be too much of a problem unless it's taken too far, which is where we get these Bitcoin is a get rich quick scheme viewpoints. That's just my two satoshis, at least.
August 12, 2018, 03:52:58 PM
Currently, the ratio of legal to illegal activity on the bitcoin network has completely changed trend as the former surpasses the former. This was stated by DEA Agent Lilita Infante at the U.S Drug Enforcement Administration.
Is the number of criminals on the bitcoin network has significantly reduced compared to early days?
https://coinpedia.org/news/bitcoin-network-speculators-not-criminals/
I have already heard many all skilled and experienced guys here talking about that cryptocurrency price right now is totally manipulated and so it means that basically it is not a healthy thing to endure that hard times. Is the number of criminals on the bitcoin network has significantly reduced compared to early days?
https://coinpedia.org/news/bitcoin-network-speculators-not-criminals/
August 12, 2018, 02:29:06 PM
I don't think the criminal elements have been eliminated in the network. It could be that the ratio of new entrants who are speculators out number the criminals.
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