If you live in the USA its legal, However, some people buy Bitcoins to launder illegally made cash.
I have noticed this and I have made sure to avoid this anytime I am thinking it is something fishy. The people who use BTC for this, in my opinion, actually are ruining the BTC credibility. When the government auctions off so much of BTC, it shows the general public this is not a currency and leads others to believe that BTC is the choice of illegal activity.
How on earth would you know if something is fishy? When you sell Bitcoins to some guy in person there is no way of knowing where he got the money from. He could just bullshit if you ask.
When you sell the bitcoin, you need to tell the buyer that the bitcoin should not be used for any illegal purpose.
Yes, however the buyer could buy Bitcoin to launder his illegally made cash. He could then claim it on some online source.
Post
Topic
BoardGambling discussion
Re: How greedy you are ?
by
ManualMiner
on 11/12/2015, 19:15:02 UTC
Its funny how greed works, because the more money you have the more greedy you become in my opinion. What do you guys think?
Post
Topic
BoardAuctions
Re: $ 1,025,637.26 BTC account for sale.
by
ManualMiner
on 10/12/2015, 20:12:45 UTC
This account reminds me so much of the lavish bitch guy, lol. instagram.com/itslavishbitch/
Anyways I bid $26
Post
Topic
BoardDigital goods
Re: ecardking << CHEAPEST GIFT CARD SHOP FOR BTC
by
ManualMiner
on 10/12/2015, 01:59:10 UTC
Where do you get these cards from? I suspect they are obtained through illegal means.
Post
Topic
BoardInvestor-based games
Re: New investment?
by
ManualMiner
on 10/12/2015, 01:32:36 UTC
Seems like such an obvious scam to me, I would wait for a bit and see if it goes on BadBitcoin's list.
How much are you willing to negotiate on the price?
Post
Topic
BoardSpeculation
Re: 400$ is the new bottom
by
ManualMiner
on 08/12/2015, 21:41:50 UTC
Well, definitely not 400 is not the bottom no way unless whoever is minipulating the market decides to make it the bottom. It's crazy how they manipulate the market, MAN! They are able to manipulate it even though the market is so large!
Post
Topic
BoardInvestor-based games
Re: ✔ BitFactory.co - Faucet / Investors Game
by
ManualMiner
on 07/12/2015, 21:59:47 UTC
Do you have any way of proving this is not a scam?
$410-$430 ?? You are delusional, the price will drop to 300 after it hits 400 watch.
From where are you getting this numbers, i highly believe that the chinese exchanges will pump the price to more than 400 not dropping it below 400 again.
Bitcoin is heavily affected by market manipulation, but what I wonder is...where do these people sell such huge amounts of Bitcoin?
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Topic
BoardSpeculation
Re: Weekend target $320
by
ManualMiner
on 07/12/2015, 20:22:02 UTC
$410-$430 ?? You are delusional, the price will drop to 300 after it hits 400 watch.
Post
Topic
BoardHardware
Re: Mining on Rapberry PI
by
ManualMiner
on 07/12/2015, 18:11:04 UTC
You won't make anything. It is not worth mining with a raspberry Pi, Unless you are willing to use a 10000 block erupters. Just buy an ASIC man.
Post
Topic
BoardLegal
Re: Is Selling Bitcoins on LocalBitcoins.com Legal?
If you live in the USA its legal, However, some people buy Bitcoins to launder illegally made cash.
I have noticed this and I have made sure to avoid this anytime I am thinking it is something fishy. The people who use BTC for this, in my opinion, actually are ruining the BTC credibility. When the government auctions off so much of BTC, it shows the general public this is not a currency and leads others to believe that BTC is the choice of illegal activity.
How on earth would you know if something is fishy? When you sell Bitcoins to some guy in person there is no way of knowing where he got the money from. He could just bullshit if you ask.
Post
Topic
BoardEconomics
Re: When do you buy Bitcoin ?
by
ManualMiner
on 30/11/2015, 22:06:25 UTC
This question is so vague, its like asking when do you spend your money?
Post
Topic
BoardAuctions
Re: Selling Member Account
by
ManualMiner
on 22/11/2015, 00:34:38 UTC
0.022 BTC We must use escrow, Would I be able to change the password after this account is purchased?
Post
Topic
BoardLegal
Re: Is Selling Bitcoins on LocalBitcoins.com Legal?
by
ManualMiner
on 21/11/2015, 04:09:50 UTC
If you live in the USA its legal, However, some people buy Bitcoins to launder illegally made cash.
Post
Topic
BoardSpeculation (Altcoins)
Re: [DASH] Dash Price and Trade Discussion Thread
by
ManualMiner
on 20/11/2015, 18:26:30 UTC
How much do you guys make trading DASH?
Post
Topic
BoardBitcoin Discussion
Re: Is it a waste of time mentioning Bitcoin to friends and family?
I'm not sure how things goes in your country , but in mine you can talk how much you want ... that's not going to change anything at all . All they trust is physical cash in their hands (that's in general) . Now if we speak about my family , they will probably won't ignore you and hear you talking but that's not going to change anything and for what comes to friends they may only get interested but it won't be enough to make them use it so yeah it's mostly waste of time .
It makes sense that they trust physical cash, Bitcoin's volatility and all. The market is completely unpredictable.
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Topic
BoardBitcoin Discussion
Re: Is it a waste of time mentioning Bitcoin to friends and family?
by
ManualMiner
on 16/11/2015, 22:04:01 UTC
My family and friends probably won't understand the concept.
Post
Topic
BoardInvites & Accounts
Re: BANK OF AMERICA VBA ( BOA VBA ) INSTANT Verify Paypal - Without confirm phone
by
ManualMiner
on 16/11/2015, 02:29:35 UTC
How do you acquire these cards?
Post
Topic
BoardSpeculation (Altcoins)
Re: [DASH] Dash Price and Trade Discussion Thread
by
ManualMiner
on 12/11/2015, 23:13:53 UTC
Which website do you trade DASH on? Looking to get into DASH