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What is the fate of Scammers if bitcoin later becomes a traceable Currency

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Bitcoin as a decentralized currency, they are not Headquarters for Bitcoin and do not have a central office where they distribute information about Bitcoin, such as illegal transactions that lose money but recover after several investigations through distributed information.

as someone said in my previous thread that more people will feel comfortable using bitcoin if these features are implemented.

Share your thoughts.

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You are right, if these things are made clear to the public, the use of Bitcoin will increase further, I think if a report like this is made with Bitcoin, and everyone can easily know about the management of Bitcoin, then Bitcoin will use a lot.

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46 minutes ago, wijont said:

Bitcoin as a decentralized currency, they are not Headquarters for Bitcoin and do not have a central office where they distribute information about Bitcoin, such as illegal transactions that lose money but recover after several investigations through distributed information.

as someone said in my previous thread that more people will feel comfortable using bitcoin if these features are implemented.

Share your thoughts.

I don't think it's good for Bitcoin, crypto currencies specifically to be implemented. Firstly who would be the one that should implement it? Also if it would be the government, then they would obviously put taxes in our transactions. This is the beauty of crypto and they shouldn't ruin it.

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Quote me so that I would get notified when you replied.😊

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Although the perpetrator sends an anonymous email, it can still be traced from the IP address used so that the perpetrator can be caught the problem is not because the system on Bitcoin scammers is the habit of someone who likes to cheat.Thieves are always looking for ways to steal ( its habits not system ) 

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12 hours ago, thesibre said:

"if bitcoin later becomes a traceable Currency"

Well, bitcoin is already traceable. In fact, you can look at the transactions being made right now through block explorer sites like Blockchain.com [1]. Hence why you mostly see funds stolen by hackers being stationary, as they definitely don't want to be sending the funds on exchanges as this would most definitely expose who they are.

What most people think of traceable in their way of "improving" bitcoin is the never to be done with idea of whitelist addresses or stuff like that.
So that every address would be linked to a known person and when you make a transaction 12gm1SGr4WVdso2pukhT3fykcrVW3mYA8P you can check that the address is listed as being a verified address on binance or coinbase.

And God helps us if any of those "marvelous" ideas gain some traction.

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The most advertised part of Bitcoin is the "anonymity". This word is currently thrown with Bitcoin as if it's really anonymous, well it's not. It's just like what others have said and the correct term for that is pseudo-anonymous which means that there are still connections towards a username or something to that sense.

There are tools already being used to check if there are illegal activity in the Bitcoin Blockchain like Crystal 

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13 hours ago, thesibre said:

"if bitcoin later becomes a traceable Currency"

Well, bitcoin is already traceable. In fact, you can look at the transactions being made right now through block explorer sites like Blockchain.com [1]. Hence why you mostly see funds stolen by hackers being stationary, as they definitely don't want to be sending the funds on exchanges as this would most definitely expose who they are.

hahahahah

 

You are being naive...

Try to find someones world residence by looking at his virtual addresses...

That's the thing why if bitcoin becomes a traceable currency it will be good against scammers.
Currently it's anonymous, you can not trace who the real world user is, what's that person name, address, phone and so on.

Hackers get your funds if you provide such access to those private key addresses.

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No I think bitcoin is not protected from traceability. Even as of today one can traceback transaction to specific entity but it is time and resource consuming also by the time it get traced the individual would have probably tried to do something to mitigate risks involved. But point being untill unless person is not crossing too many lines and hopes, there is very less risk anything will happen at all.

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Bitcoin is traceable because all transactions are recorded. Every bitcoin can be accounted for. The problem lies in it being decentralized so there is no governing body who has complete control over bitcoin that you can approach to retrieve what was stolen from you. You will need to hire an investigative firm to track your bitcoin and retrieve it for you. That is the drawback of crypto currency.


Epic Wuz HiR🤤🤤🥵

 

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35 minutes ago, thesibre said:

What? We're talking about the traceability of the money here.

1. Bitcoin is ALREADY traceable, and it's definitely not anonymous. It's just pseudonymous, because like you said, you can not affiliate a wallet address to a certain person, well, unless that person sends the funds to an exchange or centralized service. But again, the blockchain is fully public and transparent.

2. Well, duh.

You can check my thread topic again, thanks for the knowledge.

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I don't it would actually be a good idea to make bitcoin a traceable currency. We are all aiming to be anonymous here so that we can make private transactions since the value of our holdings is very high. I think we should aid scammers through other means like making a system that tracks down scammers and accepts complain from investors. It may seem too hard to achieve but that would definitely be a great help for all of us since scammers are consuming much of our money and our time and they need to be caught and punished.

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it was kinda traceable since every transaction was recorded in the blockchain or in the etheirscan.io, but it is impossible to trace the sender of the transaction as a decentralized currency if bitcoin was by a hacker and send the funds to his account there is no way you could get information to his identify you are only going to know the address and trace the transaction of the hacker, also no way to get your money back if it was hack.

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I think the credit will be good, the crooks will no longer be able to act, knowing exactly who it is will be a kind of crime and can alert the police, if he's in your country, it's like a type of "cyber criminal". I generally like this

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Bitcoin transactions are fully transparent and public, anyone can see all transactions from one wallet to another, it's just that we do not know who the owner of the wallet is, and now to overcome this problem, KYC is implemented

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The scammers will not disappear even then. Many people are gullible and the scammers take advantage of that. Take technical support scams for example, they exploit the victim's lack of knowledge of computers to trick them into paying money.


Why are you looking for another faucet in signatures like mine, cryptotalk is the best earnings site. 😉

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Traceable doesn't mean that transactions are personalsed. Currently transactions can be traced already but many accounts are anonymous. That's the actual problem. If it's not possible to hold BTC without KYC there's still the same situation as bank account frau in banking. They can make the transactions "dissapear" by creating very long trales that take too long to trace.


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Scammers will have more than 1000 ways to scam people either with fiat or crypto like what you all said. Maybe it is right, better to save ourself and make us understand how they are work so we can avoid it. I think it is better to do first and then we can try to make people know how scammer works so they are not trapped.

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Figuratively it is traceable, by which the addresses can be expose happen to be connected to each other but things like that could be negative or positive action. Like me, I've created many account on coinbase already because of lost emails, cellphone number and passwords which is more likely to trace by wallet explorer. I think what the OP really meant is, is there really a way to name these hackers? or trace accounts to whom it belongs.

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I don't like Bitcoin losing its features. I prefer it because it provides the opportunity to make fast, safe and low-cost payments from peer to peer without the need for a bank or central processor.

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If this is done, I believe that the attempters will find a way to hide their effect other than using the mixing feature, then everything will develop, even fraud methods.

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Nobody knows, perhaps in the future, he may have a private company, but in my opinion he has a good future and will benefit a lot of the world in the future

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On 1/20/2020 at 6:10 PM, thesibre said:

"if bitcoin later becomes a traceable Currency"

Well, bitcoin is already traceable. In fact, you can look at the transactions being made right now through block explorer sites like Blockchain.com [1]. Hence why you mostly see funds stolen by hackers being stationary, as they definitely don't want to be sending the funds on exchanges as this would most definitely expose who they are.

But how we can track bitcoin?? I mean even when we look at the transactions we can see only the date and the time, and the transactions hash, but where the coins went exactly, I think no one has the exact answer, don't think that?? 

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On 1/20/2020 at 10:36 PM, wijont said:

Bitcoin as a decentralized currency, they are not Headquarters for Bitcoin and do not have a central office where they distribute information about Bitcoin, such as illegal transactions that lose money but recover after several investigations through distributed information.

as someone said in my previous thread that more people will feel comfortable using bitcoin if these features are implemented.

Share your thoughts.

Right if bitcoin is recoverable then it is legit to work with it. I red somewhere that bitcoin is traceable. With having this feature btc could not be used for illegal activities and all governments would support it.

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On 1/20/2020 at 11:10 PM, thesibre said:

"if bitcoin later becomes a traceable Currency"

Well, bitcoin is already traceable. In fact, you can look at the transactions being made right now through block explorer sites like Blockchain.com [1]. Hence why you mostly see funds stolen by hackers being stationary, as they definitely don't want to be sending the funds on exchanges as this would most definitely expose who they are.

How can you said that bitcoin is traceable because of we know that we can know from transactions only date,time and hash by this no one can track the person.

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    • Forex and Cryptocurrency Forecast for 13 – 17 May 2024 EUR/USD: Medium-Term Outlook Favours the Dollar   Throughout the past week, EUR/USD exhibited mixed dynamics, primarily driven by expectations concerning potential interest rate cuts by the US Federal Reserve (Fed) and the European Central Bank (ECB). Statements by officials from both central banks, as well as economic macro-statistics, either heightened or lowered these expectations.    The EUR/USD bullish rally commenced on 16 April from the 1.0600 mark, reaching a peak of 1.0811 on 3 May, after which growth stalled, starting the past week at 1.0762. On Monday, 6 May, statistics from the Eurozone provided some support to the common European currency. In April, the Services Purchasing Managers' Index (PMI) rose from 52.9 to 53.3, exceeding the forecast of 52.9. The Composite PMI, which includes the manufacturing sector and services, increased from 51.4 to 51.7. 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BTC's impressive growth trajectory over the past decade demonstrates its resilience and potential as an essential component in investors' portfolios.   At the time of writing this review, on the evening of Friday, 10 May, the BTC/USD pair is trading at $60,470. The total market capitalization of the crypto market is $2.24 trillion ($2.33 trillion a week ago). The Crypto Fear & Greed Index has risen from the Neutral zone (48 points a week ago) to the Greed zone, now standing at 66 points. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Здравствуйте, уважаемые пользователи!   Хотим Вас уведомить, что на сайт добавили следующие направления обмена: Monero XMR > Cardano ADA Cardano ADA > Monero XMR
    • QUARK DRAINER Get rid of all lack of money headaches Other boards: https://niflheim.world/threads/quark-drainer-seaport-1-5-blur-x2y2-fix-metamask-permit-2-smart-contract.40662/ PRICE : $5 000   + All sources of QuarkDrainer (backend, frontend, smart contract) + Instructions on how to install and get started. + Invitation to the closed community who bought drainer + Author's manuals and articles on how to work with the drainer, traffic + Technical support + Regular developments, the fastest innovations of new features (free)   QUARK DRAINER - Without a doubt No1 drainer. Here you do not go to a lottery, I hope the functionality and materials all clear without unnecessary water in this port. So here's a little bit about me, I've been coding for 6 years, 2 years since I quit working for the shops and went gray рџ™‚ my base is ES6, Git, MongoDB, DOM, AJAX, jQuery, Javascript + React, Material UI, Single Page Application. When I was getting about $1750-2000/month, one scammer  found me on github and asked to do some web3 development (it was the first drainer with the simplest functionality), he paid me $3000 for 2.5 weeks of work since it was my first experience and it was really boring to look at web3 libraries. After that, I had a thought as 1 person without knowledge in the right area and portfolio - paid such money. From that moment I had no problems with $ for any of my fantasies and needs. And now you see the ideal product and community in which you will be happy. If you're interested - the door is open рџ™‚ Which wallets does QuarkDrainer interact with? Optimization for all devices Metamask, TrustWallet, Coinbase Wallet, Binance Wallet, Wallet Connect ~300 wallets (https://explorer.walletconnect.com) Asset Withdrawal Methods > Transfer > Seaport 1.5 (withdraws all approved Opensea assets in one click) > SetApprovalForAll (gets NFT collection in one click) > Signature Message (gets assets with a signature) > Metamask private fix (no token count, no token name, NOTHING - just a button without red plates) > Approve (Automatic withdrawal of assets after approve confirmation) > Permit + 2.0 (One-click withdrawal of tokens confirmed by Uniswap + Permit 1) > Smart contract (Removing the native "main network coin" with any Airdrop/Claim/Reward/Swap/Router/Withdraw/Your Creative...) > NFT ERC 721/1155 > BLUR, X2Y2 (Gets all approved assets in 1 click) > Moonbirds, Sushiswap, Uniswap, PancakeSwap In what networks does the drainer work? It works on ALL 0x networks you can find the networks you need here: https://chainlist.org/ Configured for Ethereum (ETH), Binance Smart Chain (BNB), Polygon (MATIC), Avalache (AVAX), Arbitrium One (ARB), Optimism, Fantom Opera (FTM). On request we will enable or disable networks you need. Why Quark Drainer? Help on every step if required Setting up takes up to 30m > Author articles (on working with drainer, traffic basics, tricks and creatives) > 60 frontend custom builds (creatives you can use as a basis for your own custom builds) > Approved services (bulletproof hosts, domains, bots etc) > Complete tracking of victims' actions on Telegram bot > Advanced developments - we are always the first and the best in implementing new methods and vulnerabilities for asset drains. > Parsing assets and withdrawal priority > Automatic withdrawals of any assets to your wallet once approved > Forget about red signs or inscriptions and stuff - always be with the top-of-the-line fixes > Next JS programming language, source clean code (any testing) > Buying not from resellers/merchants but from developer directly straight from the oven > Technical support - I answer any stupid and absurd questions (mostly online) > Author's articles - sharing my experience in traffic, schemes and personal practice with the "money" button > Quark+ software for Insta/X/FB/Reddit/Tg. Autoposter, retweets/reposts, likes, dm > Custom logic of draining strategy. You can enable retries on highest value assets or disable that > Ready-made websites > A community (60+ppl) - a closed chat room for everyone who has bought the Drainer Contact Us Telegram : https://t.me/quarkdev Drainer Channel: https://t.me/quarkdrainer Tox&Jabber send to PM     Whoever needs will read it According to my observations, the scripts on the market are crap (what else would a dev write showing his product I'm "shocked" by what they sell for $ 350-2500 on boards, while in cryptoscam monthly turnover is a 6-7 digit for each team, for me it's laughter apparently all who buy such products can not make some 10k to get out of good script for a month. Resell scripts, sell public crap or pieces of code. DAMN if you think $5 000 is expensive and ask me to sell for $1 000 - do not write me please, otherwise I will have to insult you very much. Since you probably didn't ever work with drainer - if you don't have couple of btcs in your crypto wallet... Thanks for your time I hope you experienced at least some emotions reading my topic
    • Биржи Binance и KuCoin возобновляют работу в Индии   Крупнейшая криптовалютная биржа мира Binance и гонконгская площадка KuCoin возвращаются на индийский рынок. Компании прошли регистрацию в Отделе финансовой разведки (FIU), обязались выплатить штрафы и выполнять правила налогообложения поставщиков виртуальных активов.    Криптобиржа KuCoin заплатила штраф в размере $41 000, а размер штрафа для Binance еще не определен, и сайт торговой площадки останется заблокированным до уплаты. Попавшие под ограничения криптобиржи Kraken и Gate.io тоже ведут переговоры о возвращении на индийский рынок, а платформа Bitstamp представила план ухода, рассказывает глава FIU Вивек Аггарвал (Vivek Aggarwal). В конце 2023 года в Индии ввели ограничения на деятельность иностранных криптоплатформ, которые, по мнению властей, работали в стране нелегально. Финансовая разведка потребовала заблокировать доступ к их сайтам для местных трейдеров и инвесторов. В число заблокированных площадок помимо Binance и KuCoin вошли HTX, Kraken, Gate, Bittrex, Bitstamp, MEXC и Bitfinex. Ранее министр финансов Индии Нирмала Ситхараман (Nirmala Sitharaman) заняла твердую позицию в отношении биткоина и других криптоактивов, заявив, что они не могут считаться настоящими деньгами.Подробнее на Bits.media: https://bits.media/birzhi-binance-i-kucoin-vozobnovlyayut-rabotu-v-indii-/
    • Robinhood выиграет судебное разбирательство с SEC 👨‍⚖️ Инвестиционная фирма Keefe, Bruyette & Woods (KBW) оптимистично смотрит на исход судебного разбирательства между Robinhood и Комиссией по ценным бумагам и биржам США (SEC) относительно классификации Ethereum как ценной бумаги. По мнению KBW, Robinhood может одержать победу благодаря своему сдержанному подходу к листингу цифровых активов и ограниченному количеству поддерживаемых криптовалют (15 активов в США). KBW считает, что осторожная стратегия Robinhood продемонстрирует консервативный и ответственный подход компании, что может вызвать сочувствие суда в этом споре. Ограниченный выбор криптовалют, включая Ethereum, который составляет всего 25% криптовалютных транзакций на платформе Robinhood, может также сыграть на руку компании. Аналитики KBW предполагают, что судебное разбирательство не завершится до конца 2025 года. Однако акции Robinhood уже заметно выросли, достигнув 18 долларов. KBW поддерживает целевую цену в 20 долларов, поскольку компания готовится сообщить о самых высоких квартальных доходах за последние три года. Прогнозы KBW основаны на вере в то, что у Robinhood есть веские аргументы для оспаривания позиции SEC. Они считают, что доказательство тщательного процесса листинга и ограниченного количества поддерживаемых криптовалют может убедить суд поддержать компанию в этом деле. Победа в судебном процессе может значительно укрепить положение Robinhood на рынке цифровых активов. Тем не менее, важно отметить, что прогнозы KBW всего лишь аналитические предположения, и окончательный исход судебного разбирательства может отличаться. Инвесторам рекомендуется проявлять осторожность и тщательно оценивать все связанные риски перед принятием инвестиционных решений.
    • Доброго времени суток, дорогие пользователи нашего сервиса!Мы так же размещены в ВебПроверка - (кликабельно), тут Вы можете оставить честный отзыв о нашем обменнике.С Уважением, обмен-сервис Finansovich.
    • Кто стейкал в данном проекте, нужно до 18-го числа взять свои токены обратно из стейкинга. Также нужно перевести оставшиеся метры на ММ, если такие остались.  Комиссия на снятие средств из стейкинга выходит 0.50-0.55 $, будем надеяться, что не будет 3-го сезона, а то ещё пол года нужно будет активничать и ждать дропа.
    • Снижение стоимости газа в Ethereum до четырехлетнего минимума вызвано запуском хардфорка Dencun, который привел к реализации опции Proto-Danksharding. Это снизило комиссии в сети, особенно на L2-сетях, вызывая волну волатильности цен на газ. Снижение платы за газ отрицательно сказалось на цене Ethereum, которая потеряла 4,2% за сутки. Эксперты предполагают, что такое снижение комиссий может предвещать приближение альтсезона.
    • Мы добавили новые направления обмена, теперь более 150 криптовалют доступны для обмена на фиатные валюты любого банка RUB, UAH.
    • Да, тоска зеленая на форуме... Весьма жаль, что угробили такую тему, но уже нет времени продолжать заниматься тем, что не дает никакого выхлопа... Прискорбно...
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