Is stealing Bitcoin illegal? - page 18.

numismatist

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Quote from: Docnaster on September 20, 2016, 06:46:24 AM

Quote from: Alanay on July 16, 2016, 05:32:05 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.

If you generated a new address it's all fresh , but in the accident you generatedly a fresh bitcoin wallet address and suddenly miracle happens accidentaly you are receiving approximately 0.5 bitcoin what will you doo? Aren't you guys not going to send it back from the owner? Or you just Ignored it and thanky to the them. LoL

How very low, in mathematical numbers? pow(2, 512) ?
There once has been a webpage containing each and every BTC address. Just has been faked up by generating the pages on demand.

Docnaster

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Quote from: Alanay on July 16, 2016, 05:32:05 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.

If you generated a new address it's all fresh , but in the accident you generatedly a fresh bitcoin wallet address and suddenly miracle happens accidentaly you are receiving approximately 0.5 bitcoin what will you doo? Aren't you guys not going to send it back from the owner? Or you just Ignored it and thanky to the them. LoL

RawDog

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Quote from: hungryFinest on September 20, 2016, 05:55:40 AM

Quote from: Alanay on July 16, 2016, 05:41:44 PM

Quote from: ImHacked on July 16, 2016, 05:38:30 PM

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

No stealing bitcoins is not illegal because they dont know who owns the bitcoins because they are untraceable and that means that you are free to will to steal other their bitcoins

Stealing bitcoins is good. Not illegal.

All you are really doing anyway is adding some numbers to a ledger on other people's computers. This is totally OK. Thus stealing bitcoin is not even illegal. It is good.

bryant.coleman

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Quote from: Rockie1234 on September 20, 2016, 03:20:31 AM

Of course stealing Bitcoin is illegal. The thing is that most people aren't caught. If you generated an address that had Bitcoin in it, it would be very easy to just mix the coins and run away with the Btc. Unless you are a high profile hacker, the sad part is that a scammer will not be caught. It is too easy to exchange the coins or mix them until they are safe to cash out. Of course that doesn't make any of it ethical or the "right" thing to do.

I would disagree with your statement. In most of the high-profile Bitcoin robberies (Mt Gox, Sheep Marketplace.etc), the identity of the thief is known to us. But the most important thing is that the current laws are inadequate in dealing with the Bitcoin robberies. Most of the governments have not recognized Bitcoin as a form of currency or asset. It complicates everything.

hungryFinest

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Quote from: Alanay on July 16, 2016, 05:41:44 PM

Quote from: ImHacked on July 16, 2016, 05:38:30 PM

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

No stealing bitcoins is not illegal because they dont know who owns the bitcoins because they are untraceable and that means that you are free to will to steal other their bitcoins

Schuyler

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Even if its stealing that which like Robinhood did in the story books, that is still considered illegal. No one should take away without consent something that belongs to another. Some people would justify their stealing because they are doing it to benefit others, but it is just not right, be it bitcoin, fiat, gold or another man's possession.

madwica

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stealing is illegal no one will tolerate that, but in OP statement i think it is not stealing he only a lucky guy that generate bitcoin with already have amount of bitcoin storing on that.

Rockie1234

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Of course stealing Bitcoin is illegal. The thing is that most people aren't caught. If you generated an address that had Bitcoin in it, it would be very easy to just mix the coins and run away with the Btc.
Unless you are a high profile hacker, the sad part is that a scammer will not be caught. It is too easy to exchange the coins or mix them until they are safe to cash out. Of course that doesn't make any of it ethical or the "right" thing to do.

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Quote from: bryant.coleman on September 19, 2016, 06:55:51 AM

Quote from: malmoghetto on September 16, 2016, 10:25:22 AM

Quote from: Altitude on September 16, 2016, 12:47:43 AM

Guys stealing is illegal plain and simple, tho BTC is not technically a legal entity if you steal it from some one and they can prove it you will get into trouble

no matter bitcoin is money or digital toy in any country, stealing a toy or money is apparently illegal.

Bitcoin theft is in the grey zone. It can be defined as "illegal", but the laws are not clearly defined in most of the jurisdictions. There are always some loopholes, which the thief can utilize to avoid any form of punishment. A perfect example is that of Mark Karpelès. He stole some $650 million worth of coins, and he is still free. Another example is that of Tomáš Jiřikovský, who stole coins from the Sheep Marketplace.

And the main reason for all of those things is which bitcoin isnt considered by anybody or any country which bitcoin isnt regulated at all and not known. If you intend to report someone who stole your coins then it would be still useless for sure.

bryant.coleman

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Quote from: malmoghetto on September 16, 2016, 10:25:22 AM

Quote from: Altitude on September 16, 2016, 12:47:43 AM

Guys stealing is illegal plain and simple, tho BTC is not technically a legal entity if you steal it from some one and they can prove it you will get into trouble

no matter bitcoin is money or digital toy in any country, stealing a toy or money is apparently illegal.

Bitcoin theft is in the grey zone. It can be defined as "illegal", but the laws are not clearly defined in most of the jurisdictions. There are always some loopholes, which the thief can utilize to avoid any form of punishment. A perfect example is that of Mark Karpelès. He stole some $650 million worth of coins, and he is still free. Another example is that of Tomáš Jiřikovský, who stole coins from the Sheep Marketplace.

YuginKadoya

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Quote from: malmoghetto on September 16, 2016, 10:25:22 AM

Quote from: Altitude on September 16, 2016, 12:47:43 AM

Guys stealing is illegal plain and simple, tho BTC is not technically a legal entity if you steal it from some one and they can prove it you will get into trouble

no matter bitcoin is money or digital toy in any country, stealing a toy or money is apparently illegal.

Yup! it will always go down to a illegal issues, but if there are no witness or no evidence at hand that can be given I think getting something that isn't yours can be bail without any records that you have steal it, I think there are certain cases like this happening around and many people are bailing because there are no further evidence and witness to file a crime against someone.

malmoghetto

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Quote from: Altitude on September 16, 2016, 12:47:43 AM

Guys stealing is illegal plain and simple, tho BTC is not technically a legal entity if you steal it from some one and they can prove it you will get into trouble

no matter bitcoin is money or digital toy in any country, stealing a toy or money is apparently illegal.

avikz

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Stealing anything is not legal anyway, not just bitcoin. However, other than physical good, bitcoin thieves will be hard to track due to the anonymity that bitcoin offers.

But I think anyone can register a case with police in any country for loosing bitcoin under cyber crime act. And if you are lucky enough, then you might get back the stolen fund as well.

xdrpx

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Quote from: Rostadom on September 16, 2016, 09:39:39 AM

I think any form of "stealing" should be illegal no matter what currency that is. The thief should be put in jail once there are enough evidence/proof of stealing. Stealing is illegal and immoral as well. Don't do that.

Yes it's illegal, but considering OP's post, he/she's asking if a bitcoin address is generated and already has funds in it considering we use something like vanitygenerator to generate a Bitcoin address and then retrieve a private key which already exists. In this case if done of out no knowledge that it already exists, it would then not really account to stealing. But the chances of that happening is very very small.

Milkduds

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Quote from: Alanay on July 16, 2016, 05:32:05 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 would not see this as stealing,would put it in the realm of finding five dollars on the road. Most people would look around to see if anyone is in the proximity that may have dropped it and if not they would just put it in their pocket. Doubt many would walk to the local police station and hand it in. Cheesy

It would be stealing in a sense if you know who the person is and could return the money,otherwise I think most of us except that bitcoin has that tendency to lose funds time to time in putting in the wrong address.
Moral debate is really open to to many aspects due to upbringing and beliefs.

agustina2

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Quote from: martinacar on September 16, 2016, 09:08:09 AM

Ofcourse stealing bitcoin is illegal doesn't matter what you steal stealing anything is illegal cause you are taking something which is not yours.
Scamming etc is a different story though but still illegal if you ask me just sad nothing happens.

But that is not the main concern here.

Of course we all know that stealing bitcoin is illegal so no questions about it but that is not the point.

Although odds are low to happen, OP is just curious if those action of his will considered as illegal.

crairezx20

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Quote from: Rostadom on September 16, 2016, 09:39:39 AM

I think any form of "stealing" should be illegal no matter what currency that is. The thief should be put in jail once there are enough evidence/proof of stealing. Stealing is illegal and immoral as well. Don't do that.

yeah its should be illegal but i didn't here some any news are saying that stealing is illegal but its one of the bad things that i heard in any news..
so we can considered it as illegal.

Rostadom

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I think any form of "stealing" should be illegal no matter what currency that is. The thief should be put in jail once there are enough evidence/proof of stealing. Stealing is illegal and immoral as well. Don't do that.

Doamader

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This is the question without sense, op stealing is legal into any country? Because its digital should be allowed? If you walk in the street and found a pack with money without no one near its yours you found, but if you see a person dropping something and you dont warn the person is stealing.

pmstalk

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Quote from: molsewid on September 15, 2016, 06:42:25 PM

200% illegal stealing money from another people lol make sense people you if your the one who have money in this forum and someone steal it then you'all be happy? ofcourse no right and you want that money to bring back or get it back.

You are right it is illegal & unethical but the people who bad minded they are searching for such unethical activities . We must be alert & aware with security of BTCconsecrating such thing our system will become strong enough to avoid such illegal thins.

Topic: Is stealing Bitcoin illegal? - page 18. (Read 39524 times)