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Topic: Is stealing Bitcoin illegal? - page 20. (Read 39503 times)

sr. member
Activity: 555
Merit: 252
September 12, 2016, 04:42:35 PM
I wouldn’t attempt to steal. But OP is assuming some else as stealing. There are many people that could find information about you on the internet. You should never steal bitcoin. You might end up messing with the wrong person.
full member
Activity: 223
Merit: 250
September 10, 2016, 09:03:50 AM
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.
Perhaps all of the shares related to bitcoin is illegal if the country in which are held not recognize bitcoin official currency of these operations. This is a very delicate question and the answer can be given only after a specific study of the issue.
legendary
Activity: 3122
Merit: 1140
September 10, 2016, 06:09:59 AM
If you accidentally find a private key and you can't know the owner, then its probably not illegal.
Its imposible that you can find a private key in internet for free. unless if you made a private key generator and try to install it in electrum..
Or if you have bought a data base with a lots of private key and addresses and you have a brute force we can say that is an illegal..

The whole point is that it's statically impossible to find private keys, even if you have a number generator.  But there is always a random chance of finding a key. That's not stealing.

Hacking into someone's network or phone is stealing.

Finding  private  key is somewhat impossible  as same as others said  even if you used number generator  its still useless. You are right if you bought  a database then its possible to access those accounts thats not yours which is trully an illegal thing to do. At OP if   he get those bitcoin on that wallet address  then it might not be considered as stealing since if he intend to give back those coins he didnt even know whos the owner of that bitcoin.
legendary
Activity: 1456
Merit: 1000
September 10, 2016, 05:53:51 AM
If you accidentally find a private key and you can't know the owner, then its probably not illegal.
Its imposible that you can find a private key in internet for free. unless if you made a private key generator and try to install it in electrum..
Or if you have bought a data base with a lots of private key and addresses and you have a brute force we can say that is an illegal..

The whole point is that it's statically impossible to find private keys, even if you have a number generator.  But there is always a random chance of finding a key. That's not stealing.

Hacking into someone's network or phone is stealing.
legendary
Activity: 1414
Merit: 1001
September 10, 2016, 05:24:01 AM
Of course . any actions that harm someone is a crime that deserves punishment.
it's a normal thing, and all things shall be given an appropriate reply.
newbie
Activity: 28
Merit: 0
September 10, 2016, 05:21:31 AM
from the word itself stealing.. its a crime.. so its not legal..  Cheesy
legendary
Activity: 3374
Merit: 3095
BTC price road to $80k
September 10, 2016, 05:03:34 AM
If you accidentally find a private key and you can't know the owner, then its probably not illegal.
Its imposible that you can find a private key in internet for free. unless if you made a private key generator and try to install it in electrum..
Or if you have bought a data base with a lots of private key and addresses and you have a brute force we can say that is an illegal..
newbie
Activity: 3
Merit: 0
September 10, 2016, 04:55:34 AM
The reason why someone might think stealing bitcoin is not illegal is because bitcoin is basically "Magic internet money" I first came across it in 2011 , back then I heard rumours that is was dangerous money for hackers so I stayed away from the stuff . I joined the whole bitcoin bandwagon this year and invested in a site called hashocean and boom , they stole my bitcoins  . So you ask me , once that commodity , property ,object , entity ,atom or whatever belongs to someone and you even borrow it without his concern its illegal . Bitcoin might be magic money from the air and so is your ideas , so if stealing ideas is illegal , stealing bitcoins is also illegal .
legendary
Activity: 1456
Merit: 1000
September 10, 2016, 04:54:06 AM
If you accidentally find a private key and you can't know the owner, then its probably not illegal.
newbie
Activity: 10
Merit: 0
September 10, 2016, 04:43:53 AM
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.

How can you steal smth that is not real? It is just bits and bytes
full member
Activity: 140
Merit: 100
September 09, 2016, 02:34:53 PM
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.
legendary
Activity: 3038
Merit: 1169
September 09, 2016, 11:31:32 AM
I don't know where you are located but stealing anything is illegal all around the world, bitcoin is a currency or even according to governments at least a commodity, of course stealing it is considered illegal, Whether the thief gets caught or not is not the question.
Yes i doesnt matter weather you are living in any country stealing anything is an illegal activity and bitcoins is a currency and has a good value in USD or any other currency.So stealing bitcoin certainly would also be an illegal activity doesnt matter in which form you are doing it.

That is right just like stealing fiat currency bitcoin is the same just like the recent report on CNN last year about 2 former federal agents charged with stealing Bitcoin during Silk Road probe at $33 million dollar at the time had bring to justice in the court, well I think that is very reliable news source right, so that means even if bitcoin is an online currency stealing bitcoin is also a form of stealing money!
It's common sense now that stealing is stealing. There's nothing changing that. However, please do consider looking into op's situation because what I can assess here is that you guys dind't read it at all.
He says he overlapped an address and he got the amount from that address he overlapped from and the owner would have no way to get it back. So would it be stealing to get it to keep for himself or not?

I think you are the one who's not reading here my friend! and just look at OP's first word there that I highlighted

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.

he says there "Let's say" right? that means it is just an example that means he's not referring to a real situation and he is asking if he will take the money is legal and in his last sentence he is just interested to know!

I think you are the one that needs to read first before exclaiming something that my understanding is wrong!
legendary
Activity: 1862
Merit: 1015
September 09, 2016, 09:28:09 AM
Depend on the law where do you live on.
For example my country are forbid bitcoin usage means for bitcoin holder still can own bitcoin BUT they are not responsible with us for example if your bitcoin got hacked or got steal , cops or law enforcer can't catch the bitcoin thief
legendary
Activity: 2436
Merit: 1008
September 09, 2016, 08:58:10 AM
Stealing anything that doesnt yours without the approval of the owner are considered as illegal or one crime. Even if it is just a miracle that you generate an address and has a btc on it the owner will still think that someone still his/her btc.

That is the obvious thing as stealing is really illegal.

But in the case of OP, it was just an accidental event where chances are really low to happen.

And in my case, I will use the accidentally coins in my hand and considered it as blessing lol.
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
September 09, 2016, 08:37:18 AM
Stealing anything that doesnt yours without the approval of the owner are considered as illegal or one crime. Even if it is just a miracle that you generate an address and has a btc on it the owner will still think that someone still his/her btc.

Yeah. Why people have to think about that. You steal then its wrong. It is a process of getting something from another person without his or her approval. So it is wrong. Simple as that.
legendary
Activity: 1792
Merit: 1283
September 09, 2016, 08:23:07 AM
I don't know where you are located but stealing anything is illegal all around the world, bitcoin is a currency or even according to governments at least a commodity, of course stealing it is considered illegal, Whether the thief gets caught or not is not the question.
thats true, stealing bitcoins is illegal all around the world and it will surely be like that all the time in my opinion and it is a good thing
Yes I agree, stealing bitcoin is illegal. It is include in cybercrime type and anyone who doing this can get arrest. I think we need to find new technology that make store bitcoin is more safely. I only divide my bitcoin in different wallet to reduce the  risk at now.
It's already possible to store your Bitcoins safely, but a lot of people just don't do it.
You can have your coins safely in a paper wallet that's been generated with a computer that has never been connected with the internet and that would be quite safe to store Bitcoins.
hero member
Activity: 1092
Merit: 501
September 09, 2016, 03:30:08 AM
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.

Of course, none of the member in this forum will not say that illegal is good. Any illegal stealing are not good, You are no difference in scammer if that happen into anyone. Maybe you can do donate it in some other foundation or any orphanage, just don't take it.
legendary
Activity: 3094
Merit: 1127
September 09, 2016, 12:40:04 AM
Stealing anything that doesnt yours without the approval of the owner are considered as illegal or one crime. Even if it is just a miracle that you generate an address and has a btc on it the owner will still think that someone still his/her btc.

Legally, yes, they are the rightful owner, but the problem is you generate it and it's accidental, that means you don't deed something to steal it from his hand.. As long as no one claims it, it's yours, just give it to the owner if they have a proof that it is theirs.. OP and other forumite said that the odd is very high for this to happen..Besides there is no authority you could surrender it to...  Smiley  Cheesy

Op would have no choice but to get those bitcoin because  he doesnt even know whos the owner of the said address. Well it might be  considered as stealing because you got someones possesion without permission but still its only an incident , its better to get those bitcoin for sure you would benefit compare if you just  let those coins stood still.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
September 08, 2016, 11:44:17 PM
Stealing anything that doesnt yours without the approval of the owner are considered as illegal or one crime. Even if it is just a miracle that you generate an address and has a btc on it the owner will still think that someone still his/her btc.

Legally, yes, they are the rightful owner, but the problem is you generate it and it's accidental, that means you don't deed something to steal it from his hand.. As long as no one claims it, it's yours, just give it to the owner if they have a proof that it is theirs.. OP and other forumite said that the odd is very high for this to happen..Besides there is no authority you could surrender it to...  Smiley  Cheesy
legendary
Activity: 2058
Merit: 1015
September 08, 2016, 11:29:22 PM
Stealing anything that doesnt yours without the approval of the owner are considered as illegal or one crime. Even if it is just a miracle that you generate an address and has a btc on it the owner will still think that someone still his/her btc.
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