Is stealing Bitcoin illegal? - page 35.

ghost15

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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.

for me it is the opposite,i generate a new address that has probably not been used on the network yet, and sent a small amount of 1mbtc to this address unfortunately I saw him disappear from my account after a few seconds.
I don't care whether it's legal or not but I consider the persone ho spend them as a robber

bitlancr

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Quote from: shashank5119 on July 30, 2016, 03:40:57 PM

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.

Obviously these kind of practices are illegal and will get you end up i jail. There is no way how you sell this to a judge and avoid jail.
So no it's not a good thing to do.

shashank5119

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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.

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Quote from: Bestwishes745 on July 29, 2016, 06:52:22 AM

Quote from: ronaldo40 on July 29, 2016, 03:57:41 AM

obviously, any kind of stealing is illegal. but in the case of online sometimes it is a mistake, and we do not even know the owner of the address. so it really belong to you, and can be said no steal.

Yeah, we cannot call it as steal if someone find some coins randomly and do not know that who is the owner and how to return then it is the gift to you and you can spend it if you do not find any person claiming for its ownership.

Hahaha, you can define the op sentences because it's very pointless. for example, the op can say the getting the amount by miracle but there know if the amount is owned by someone. there are a two different explained about the definition for this sentences.

Xester

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Quote from: Chennai on July 29, 2016, 04:25:18 AM

Quote from: ronaldo40 on July 29, 2016, 03:57:41 AM

obviously, any kind of stealing is illegal. but in the case of online sometimes it is a mistake, and we do not even know the owner of the address. so it really belong to you, and can be said no steal.

As said, stealing is an offense 's is an illegal a activity. I am sure Bitcoin wallet is well secured with a vigilant protective system. How stealing is.possible. I heared people say, it can not be hacked. Am I right?

Bitcoin wallet is still prone to hacking. Hackers can get inside your wallet and change your password before they will transfer it to a certain sites like gambling sites to whitewash the stolen bitcoins.

By virtue stealing is a crime and must not be done for any reason. Whether it's legal or illegal we must not steal

Mauser

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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 say stealing is always illegal. But how is it stealing if you get a new wallet and bitcoins are already in it? If you didn't steal them. I assume you don't even know how they got in there. So it is not your fault.

May I ask how many coins you luckily obtained?

virtualkeybuyer

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Quote from: ronaldo40 on July 29, 2016, 03:57:41 AM

obviously, any kind of stealing is illegal. but in the case of online sometimes it is a mistake, and we do not even know the owner of the address. so it really belong to you, and can be said no steal.

Yes it is right that you find any thing which do not have any owner then you are not stealing, but it does not mean that you became its owner, there will be someone who will be the owner of it and one day you will find them, try to keep these amount with your self, one day someone will post here about the address as every user of bitcoin is working here and then you are responsible to refund his bitcoin.

Bestwishes745

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Quote from: ronaldo40 on July 29, 2016, 03:57:41 AM

obviously, any kind of stealing is illegal. but in the case of online sometimes it is a mistake, and we do not even know the owner of the address. so it really belong to you, and can be said no steal.

Yeah, we cannot call it as steal if someone find some coins randomly and do not know that who is the owner and how to return then it is the gift to you and you can spend it if you do not find any person claiming for its ownership.

airsounds

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Quote from: ronaldo40 on July 29, 2016, 03:57:41 AM

obviously, any kind of stealing is illegal. but in the case of online sometimes it is a mistake, and we do not even know the owner of the address. so it really belong to you, and can be said no steal.

thats right, you cannot steal anything from other people because it would be definitely not allowed and you might face charges because of that

Capradina

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Quote from: Herbert2020 on July 29, 2016, 05:10:39 AM

this thread is way off the real topic that OP was asking once.
right now everybody is just reading the subject of the thread and starts spamming about "stealing" bitcoin. although it is part OP's mistake for not asking his question properly and not locking this thread.

I think that's probably true, but I see only a small part. So not everyone who is here doing the spamming, so this is not a problem that is not problematic. This thread made it possible to make we can further deepen about bitcoin with negative point of view or the like

Herbert2020

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this thread is way off the real topic that OP was asking once.
right now everybody is just reading the subject of the thread and starts spamming about "stealing" bitcoin. although it is part OP's mistake for not asking his question properly and not locking this thread.

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Quote from: diegz on July 29, 2016, 04:03:54 AM

Quote from: ronaldo40 on July 29, 2016, 03:57:41 AM

obviously, any kind of stealing is illegal. but in the case of online sometimes it is a mistake, and we do not even know the owner of the address. so it really belong to you, and can be said no steal.

That's true, if you don't mean it and just found it in your wallet, then definitely it is yours and I don't think that it is illegal.. You could just return it to the owner if he could show proofs that it is his bitcoin, if you don't give it even if he has a solid proof, there will be a dispute, and that I think would make you stealing his bitcoin and probably he is the legal owner of that.

Yes its not stealing if you dont have intention to get those bitcoin and you dont have motive to get such possesion of others. Stealing is illegal in any ways either small or big amount. For an incident of bitcoin address have bitcoin and you dont have knowledge what happen to such thing then its not stealing just keep those bitcoin and be thankful for the blessings.

Chennai

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Quote from: ronaldo40 on July 29, 2016, 03:57:41 AM

obviously, any kind of stealing is illegal. but in the case of online sometimes it is a mistake, and we do not even know the owner of the address. so it really belong to you, and can be said no steal.

As said, stealing is an offense 's is an illegal a activity. I am sure Bitcoin wallet is well secured with a vigilant protective system. How stealing is.possible. I heared people say, it can not be hacked. Am I right?

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Quote from: Decoded on July 29, 2016, 02:28:48 AM

Quote from: jakelyson on July 29, 2016, 02:15:18 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 just created the wallet and it has some bitcoins in it, then it probably is yours. So taking it would not be illegal or have any immoral aspects in it. You cannot steal something that is already yours, right? And this scenario will never happen anyway. so no point in discussing it anyway.

Nope. You obviously have no idea how the bitcoin protocol works. Your wallet generates a private key for each address it has. Since theres no way to find if an address has already been generated, your wallet has a 2¹⁶⁰ chance of generating an address in use. So it would be basically like randomly guessing a password to an account, or randomly guessing credit card details.

So are you saying that in your lifetime, you will generate an address that already is in use? Because you are contradicting what I said, so I guess you are saying you can generate one even if you are against the odds. I just gave a hypothetical answer to a hypothetical question.

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Quote from: ronaldo40 on July 29, 2016, 03:57:41 AM

obviously, any kind of stealing is illegal. but in the case of online sometimes it is a mistake, and we do not even know the owner of the address. so it really belong to you, and can be said no steal.

That's true, if you don't mean it and just found it in your wallet, then definitely it is yours and I don't think that it is illegal.. You could just return it to the owner if he could show proofs that it is his bitcoin, if you don't give it even if he has a solid proof, there will be a dispute, and that I think would make you stealing his bitcoin and probably he is the legal owner of that.

ronaldo40

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obviously, any kind of stealing is illegal. but in the case of online sometimes it is a mistake, and we do not even know the owner of the address. so it really belong to you, and can be said no steal.

pandalion98

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Quote from: Barbut on July 29, 2016, 02:09:28 AM

Stealing is illegal act, but to report it to police you need to be legal in country you live. Yesterday I saw news about one guy who got 6 months jail for bitcoin ponzi scheme, that was in US. I don't think every government will proces this things.
Bitcoin still need to get laws that determine borders of legal and illegal, Russian's talked about banning bitcoins and I doubt someone can report there stealing of bitcoins.
Defenitly thiefs and scammers are using this 'no laws' situation, they are aware that even if they get caught nothing will happen. Cause of this people are still afraid to invest in bitcoins.

There's a big difference in "randomly generated" and deception.
The usual thing is that, if you generate an address, it's yours. Do whatever you want with it including taking the balance if it has a balance.
Deception, on the other hand, is illegal.

For me, if ever I generated an address with a balance, I'd post a signed message that bitcoin, or the underlying hashing algorithms that generate BTC addresses, is broken. Hashing algorithms aren't supposed to have any collisions.

Decoded

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Quote from: jakelyson on July 29, 2016, 02:15:18 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 just created the wallet and it has some bitcoins in it, then it probably is yours. So taking it would not be illegal or have any immoral aspects in it. You cannot steal something that is already yours, right? And this scenario will never happen anyway. so no point in discussing it anyway.

Nope. You obviously have no idea how the bitcoin protocol works. Your wallet generates a private key for each address it has. Since theres no way to find if an address has already been generated, your wallet has a 2¹⁶⁰ chance of generating an address in use. So it would be basically like randomly guessing a password to an account, or randomly guessing credit card details.

jakelyson

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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 just created the wallet and it has some bitcoins in it, then it probably is yours. So taking it would not be illegal or have any immoral aspects in it. You cannot steal something that is already yours, right? And this scenario will never happen anyway. so no point in discussing it anyway.

Barbut

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Stealing is illegal act, but to report it to police you need to be legal in country you live. Yesterday I saw news about one guy who got 6 months jail for bitcoin ponzi scheme, that was in US. I don't think every government will proces this things.
Bitcoin still need to get laws that determine borders of legal and illegal, Russian's talked about banning bitcoins and I doubt someone can report there stealing of bitcoins.
Defenitly thiefs and scammers are using this 'no laws' situation, they are aware that even if they get caught nothing will happen. Cause of this people are still afraid to invest in bitcoins.

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