Cryptocurrency in the black market

[Senator]

Illegal trades occur and have been occuring before the advent of the cryptocurrencies market we lla are talking about today. It is not cryptocurrency that brought about the deepweb or darkweb market environment. You know that right?

 

[Yusuf]

Crypto currency exchange Business is really a good business to venture into to make some good amount of money. However, the market is not regulated and that is why we have manipulation in the market and others using it to scam unaware investors

 

[mcjerry]

The black market is an illegal trading site where people exchange goods and services for a specific amount of money and generally these are not of a nature that can be allowed by the law. As a result cryptocurrency has become increasingly popular on the black market and people are able to transact with each other without revealing their identity to each other. This anonymity is provided through cryptocurrencies.

However this is also the concern when it comes to cryptocurrency because it is being used for illegal actions. This is extremely dangerous and it is one of the reasons why the government is not willing to accept it. What are your thoughts on how cryptocurrency is being used within illegal trades?

When talking about black market it doesn't really means that it is black and it is illegal. They named it black market because the currency can be bought and sold by individuals choice.
OK if we say that black market is illegal then most websites or company that has the rate of black market for transaction are illegal

 

[eLdavis]

Even before the invention and acceptance of crypto currency, illegal activities have been going on and would still go on. The nature of crypto currency simply made it more easy for transactions to be carried out

 

[jeff87]

The black market is an illegal trading site where people exchange goods and services for a specific amount of money and generally these are not of a nature that can be allowed by the law. As a result cryptocurrency has become increasingly popular on the black market and people are able to transact with each other without revealing their identity to each other. This anonymity is provided through cryptocurrencies.

However this is also the concern when it comes to cryptocurrency because it is being used for illegal actions. This is extremely dangerous and it is one of the reasons why the government is not willing to accept it. What are your thoughts on how cryptocurrency is being used within illegal trades?

I just share the same thoughts with you. I also don't like bad transactions in cryptocurrency.

We don't know if there's money from illegal drugs, corruptions, etc that is turned into cryptocurrency and then being transacted in the black market.

 

[Alexandoy]

I have not heard of the black market for crypto coins. With the criminal acts using crypto coin maybe they transact in the black market. But my take in criminal cases are the dummies. They are used to transact for the criminals. When they are caught they are clean because they are only dummies.

 

[Heatman]

The black market is an illegal trading site where people exchange goods and services for a specific amount of money and generally these are not of a nature that can be allowed by the law. As a result cryptocurrency has become increasingly popular on the black market and people are able to transact with each other without revealing their identity to each other. This anonymity is provided through cryptocurrencies.

However this is also the concern when it comes to cryptocurrency because it is being used for illegal actions. This is extremely dangerous and it is one of the reasons why the government is not willing to accept it. What are your thoughts on how cryptocurrency is being used within illegal trades?

Seriously, when you get into cryptocurrency trading in any kind of website that is deemed to be in black market you're the one that is putting your cryptocurrency in jeopardy because there is a very high chance of dealing with scammers.

 

[Josemendez]

Before the coming of cryptocurrency , there has been many illegal trading with Fiat currency that happens in the black market. So this shouldn't be used against cryptocurrency.

 

[Jsoliu004]

Bitcoins are an online currency, a virtual commodity with no ties to a government or central bank. Bitcoins are quickly rising as the currency of the online black marke

 

[Heatman]

Illegal trades occur and have been occuring before the advent of the cryptocurrencies market we lla are talking about today. It is not cryptocurrency that brought about the deepweb or darkweb market environment. You know that right?

Seriously, it's the cause actually is not very easy for you to be able to deal in cryptocurrency black market in peace as far as I'm concerned.

 

[GIFTMICHAEL]

I don't indulge in trading or exchanges goods and services with Cryptocurrency in the black market cos it is illegal, we should avoid it and go straight transacting in a legal way.

 

[Shigobad2020]

Illegal trades still happen without Cryptocurrencies although, I must admit that Cryptos just make it more convenient. I believe if the use of cryptocurrencies is regulated, it may curb the high rate of these illegal activities.

Black market is an illegal place where things are sold and exchange for a preferable amount of money and its very convinient for the existence of black market in the crypto currency market.

 

[Justin]

You cannot track transactions for privacy coins but rest of the crypto currency transactions can be tracked, if the governments want. I do not see why governments are afraid.

 

[Niftyyem]

Black market is an illegal place where things are sold and exchange for a preferable amount of money and its very convinient for the existence of black market in the crypto currency market.

There is a black market for almost everything, at least where I am from, so, Cryptocurrencies can not be an exception. There is for dollars, euros and the likes.

 

[Kelly5]

As you can see and aslo observe, more and more exchange platforms are beggining to adopt the know your customer system to new cryptocurrency users intending to use their platform for business nowadays

 

[BrolySSJ]

Seriously, when you get into cryptocurrency trading in any kind of website that is deemed to be in black market you're the one that is putting your cryptocurrency in jeopardy because there is a very high chance of dealing with scammers.

I completely agree with you and that is why it is referred to as the black market because there is nothing legal about it and people as a result can scam you and you cannot even claim a legal basis to try and regain some of the Lost funds. That is why I think it is very important to stay away from websites that do not have a reputable source behind it.

 

[Heatman]

I completely agree with you and that is why it is referred to as the black market because there is nothing legal about it and people as a result can scam you and you cannot even claim a legal basis to try and regain some of the Lost funds. That is why I think it is very important to stay away from websites that do not have a reputable source behind it.

Seriously, I have seen a lot of people who thought that it's more good to have more profit with getting involved in cryptocurrency black market but all ended up regretting it.

 

[gammarays]

The nature of crypto currency suits the black market as a perfect payment option. The black market consists of hackers and other illegal traders who sell stolen funds or data online. Privacy is what matters there.

 

[BrolySSJ]

Seriously, I have seen a lot of people who thought that it's more good to have more profit with getting involved in cryptocurrency black market but all ended up regretting it.

People are very focused on the financial gain that they will be able to achieve and as a result they look over or overlook a lot of the risk factors that are involved within the structure as well. So I think it is important to take your time and account for possible risk.

 

[joy101]

Many people are making money cryptocurrency trading if actually you can trade very well, cryptocurrency exchange business is nice business.