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Topic: Is stealing Bitcoin illegal? (Read 39521 times)

hero member
Activity: 763
Merit: 500
October 26, 2016, 11:20:39 AM
Yes i can never be a good thing if you are taking some thing which does not belong to you.Yes it is stealing and stealing can never be a legal activity.
And with bitcoin having really a good value in the market,then stealing bitcoins is 100% an illegal activity,no matter how you doing it.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
October 27, 2016, 12:44:59 AM
it would be impossible that someone to steal your bitcoin unless they've hacked your account or your wallet or they really an access to your wallet so the best thing to ever do is do not trust anyone Grin so far, i haven't experienced that until , but if i do it would bring so much rage and i would be eager to catch him so i can beat him up Grin
sr. member
Activity: 378
Merit: 250
October 27, 2016, 12:24:13 AM
yes it is legal and there is no doubt about this. i think ever one has the right to use bitcoin according to their own wishes.
hero member
Activity: 518
Merit: 500
October 26, 2016, 11:06:02 AM
Taking something that is not yours is really illegal may it be bitcoin or anything that you take without any authority from the owner. In the case you've given wherein you accidentally have bitcoin in your wallet upon generating it and you don't know who gave it then it is not stealing because there is no intention. But a chance of this happening is near to impossible.
Yup, this is a very strange coincidence, the chance of this to happen is one-in-a-billion so it's tricky to tell if this action is illegal or not. And I think we don't have to worry whether this issue is wright or wrong because the OP didn't do anything that could be called against the law.
member
Activity: 94
Merit: 10
October 26, 2016, 09:58:01 AM
I dont think that you can get caught by stealing bitcoins if it is bad or illegal off course you cant steal  things from people you know and that is really bad lots of peopel dont know much about the security of the bitcoin.
newbie
Activity: 39
Merit: 0
October 26, 2016, 09:44:30 AM
Any stealing act for anything to anyone is still illegal wether it is online pr not.All stealing avt is considered a crime as long as you dont have permissions of the real owner

The real owner? Who decides that if it's possible for me to generate the same address? Just because I generated it after shouldn't mean it's illegal. It's not like exploiting an online wallet to steal private keys and drain the accounts.

I feel like you guys are just guessing to be honest, I want to know if it's legal or illegal to take bitcoins out of an address you just generated. Tongue
I dont think stealing bitcoins can be caught because when you steal bitcoins you cant do anything with it because he is untraceable so the owner of that bitcoin does not know that you have his bitcoin,
newbie
Activity: 34
Merit: 0
October 26, 2016, 09:17:05 AM
Taking something that is not yours is really illegal may it be bitcoin or anything that you take without any authority from the owner. In the case you've given wherein you accidentally have bitcoin in your wallet upon generating it and you don't know who gave it then it is not stealing because there is no intention. But a chance of this happening is near to impossible.
hero member
Activity: 756
Merit: 500
October 26, 2016, 09:05:11 AM
Yes when u say stealing then yes its illegal.And bitcoin is a currency its also a money so stealing it surely illegal but what you are talking about is don’t think gonna happen.The chance to that happen is very very less.


I agree with that. I looked at the posts so far, it seems most people think the bitcoin is a proerty and stealing is illegal.

They do this because look at reality and they just want a fringe opinion. If it is banned this thread must then have to close or not even made. Because this world needs fixing as well then there is no harm in the OP made this thread. The most important is to see yourself and don't ever demean a person's life because it will cause a major disaster later on
newbie
Activity: 19
Merit: 0
October 26, 2016, 02:45:53 AM
Yes when u say stealing then yes its illegal.And bitcoin is a currency its also a money so stealing it surely illegal but what you are talking about is don’t think gonna happen.The chance to that happen is very very less.


I agree with that. I looked at the posts so far, it seems most people think the bitcoin is a proerty and stealing is illegal.
legendary
Activity: 1134
Merit: 1598
October 25, 2016, 03:53:02 PM
Let's say I generate a new address and by some miracle it has Bitcoin already in it belonging to somebody else. Is it legal to just take it? I understand those odds are very low, no need to lecture me, I'm just interested.

You say you dont want to be lectures when you ask the most stupid questions. How the hell is your new address going to magically become someone else's ? Dude for Gods sake use your head. You need a slap dude.

No need to be rude. That's entirely possible, although it has a VERY small chance to happen. I have heard your new address (for example cold wallet) can coincide with someone else's. Because of the many characters an account has, it's a number close to 0 but it still can happen. Of course it would not be legal, and the easiest way to find that out is replacing 'somebody else' with 'me'. Would it be illegal for someone else to take the money he found in a wallet that coincided with mine? It is not.
legendary
Activity: 1092
Merit: 1000
GATCOIN : The New Currency Of Digital Marketing
October 25, 2016, 03:47:33 PM
Let's say I generate a new address and by some miracle it has Bitcoin already in it belonging to somebody else. Is it legal to just take it? I understand those odds are very low, no need to lecture me, I'm just interested.
I think more this question is more about ethical than legal aspect.If you get coins by mistake in your wallet.the chances are the person who send it mistakenly will not try to find you in the first place for it wouldn't be that easy.Second even if he found you somehow.he could not prove if it was sent by mistake so it is up to you ( the receiver0 to return it on ethical grounds
hero member
Activity: 770
Merit: 500
October 25, 2016, 02:18:12 PM
Let's say I generate a new address and by some miracle it has Bitcoin already in it belonging to somebody else. Is it legal to just take it? I understand those odds are very low, no need to lecture me, I'm just interested.

You say you dont want to be lectures when you ask the most stupid questions. How the hell is your new address going to magically become someone else's ? Dude for Gods sake use your head. You need a slap dude.
sr. member
Activity: 323
Merit: 250
October 25, 2016, 01:57:14 PM
I think stealing anything from anyone is a criminal offense and the law including the illegal act when you steal bitcoin has included illegal actions even though it will be hard caught because is hard to track transaction are made in bitcoin,And there are no such things good in illegal.

hero member
Activity: 756
Merit: 520
October 25, 2016, 08:43:05 AM
You should just not do it because its something that is against the rules and I think if you are doing this its very wrong and you should be punished on some way.
It cannot be illegal at this time because its not an official currency..

It is true that it is something that is illegal. but I am sure that all of these could also be prosecuted because they feel aggrieved over all the things they are going through. Never seen something only one side of the problem, because it would be dangerous in decision-making or sometimes the decisions taken have no effect is certain and clear. So that will pose a larger problem again
newbie
Activity: 3
Merit: 0
October 25, 2016, 06:23:49 AM
You should just not do it because its something that is against the rules and I think if you are doing this its very wrong and you should be punished on some way.
It cannot be illegal at this time because its not an official currency..
member
Activity: 60
Merit: 10
October 25, 2016, 06:21:54 AM
Well, the "right" thing to do here is surrender the money to the authorities or to a tv or radio station and have them look for the rightful owner. But as you say, for some (or most) it would be too much of a hassle to do such things when the easier thing to do is just put it in your pocket.
full member
Activity: 238
Merit: 100
October 25, 2016, 05:57:31 AM
Obviously stealing bitcoin or any digital asset is a crime and even a single bit of 1 and 0 is crime if you take that without owners consent. But the situation you had mentioned is not crime because it is the bitcoin that you got by luck in randomly generated address and that's not stealing. It's your fortune that you got the money for free but it's 100% unrealistic and will never happen Grin
hero member
Activity: 1134
Merit: 517
October 25, 2016, 05:43:33 AM
Yes when u say stealing then yes its illegal.And bitcoin is a currency its also a money so stealing it surely illegal but what you are talking about is don’t think gonna happen.The chance to that happen is very very less.

Bitcoin is money but not a legal money so that is not illegal, I hope you know guys what are the difference of not right and illegal. Maybe it is not right to steal but you cannot say that it is illegal because bitcoin is an independent currency and the government does not recognize it.
If the authorities indeed does not recognize bitcoin and cryptocurrencies in general as you say, those dealing with them would not have been walking the streets free. Fact is the authorities are still fine tuning their position on this new technology and that doesn't make it illegal like you would say for things like hard drugs.

At any rate, taking whatsoever that does not belong to you, even if it be garbage, without the permission of the owner is stealing no matter what color you chose to paint it. Bottomline is to do to others, what you want others to do to you.
sr. member
Activity: 420
Merit: 250
October 25, 2016, 04:56:08 AM
Yes when u say stealing then yes its illegal.And bitcoin is a currency its also a money so stealing it surely illegal but what you are talking about is don’t think gonna happen.The chance to that happen is very very less.

Bitcoin is money but not a legal money so that is not illegal, I hope you know guys what are the difference of not right and illegal. Maybe it is not right to steal but you cannot say that it is illegal because bitcoin is an independent currency and the government does not recognize it.

I'm also thinking the same, the fact is that its still not a official currency so this means its not really illegal, of course you should not do this because it would be disgusting..
hero member
Activity: 616
Merit: 500
October 25, 2016, 03:58:56 AM
f you wanted to make a bet on 50% win chance and mistakenly made a bet at 50x multiplier, then will you return the money to your gambling owner ?
NO then why would you return the money which your goodwill or good luck has brought to you but unexpectedly ? Have no obvious reasons to return unless and until a claim is made !!
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