Is stealing Bitcoin illegal? - page 40.

wuvdoll

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Quote from: Sarthak on July 20, 2016, 08:43:19 AM

Quote

Is stealing Bitcoin illegal?

While I read the topic, I was like 'wtf did I just read Huh

'.

Maybe you should make the topic a bit more clear?

Well, if you generate an address and some coins were already there and you use those coins, then it's illegal.

Let's make this even more simple.
Suppose, you generate a private key and somehow it turns out to be the private key of a very large exchange. You transfer those coins to your address. Then the exchange announces that it got hacked and will take legal steps against you. So there you have it, it's illegal

The chances of that happening though is about ~500x less than winning the grand lotto.
If that happens though, well, just don't steal 'em. It's illegal and morally unacceptable. And if I am in that situation, definitely I will try to contact that address holder in different possible ways. But most of the bitcoiners keep their bitcoins in cold storage and finding them is a highly hard task.

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Quote from: Doms on July 20, 2016, 10:28:53 PM

Quote from: rababo on July 20, 2016, 07:49:07 PM

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.

The chance that going to happen is near to 0%. That's more likely impossible to happen.
But let's say it's happened somehow, still it's wrong if you take it because it's not yours, it's belong to someone else.

I can compare it to finding a wallet in a park or a taxi, filled with cash, but in this instance, a much rarer and highly improbable thing. If you happen to stumble across something like that, it is all about ethics and character. Even I would be tempted to take the money.

that is not even close to the chance of address collision chance. because you can always find a wallet on a park bench or in a taxi that fell out of a pocket of someone, that is pretty common. but the chance of finding a bitcoin address with bitcoin on it is as small as spontaneously combustion.

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Quote from: benjaminmason on July 20, 2016, 01:07:56 PM

of course its illegal, not only for bitcoin, but for everything

Yes not just for bitcoin but in everything. stealing means you are doing something that is not right so you know to yourself that it is illegal. you wont be happy if you spend somebody else's money.

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Quote from: rababo on July 20, 2016, 07:49:07 PM

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.

The chance that going to happen is near to 0%. That's more likely impossible to happen.
But let's say it's happened somehow, still it's wrong if you take it because it's not yours, it's belong to someone else.

I can compare it to finding a wallet in a park or a taxi, filled with cash, but in this instance, a much rarer and highly improbable thing. If you happen to stumble across something like that, it is all about ethics and character. Even I would be tempted to take the money.

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Quote from: coinsocieties on July 20, 2016, 04:11:11 PM

This is a hard questions. The moral understand is always that if you take what is not yours, you are stealing which is wrong. Now the issue with Bitcoin is that it really only belongs to the wallet that it is put in. If you open a wallet with it in already what could you do? The only thing I can think of would be to search for the bitcoin address somewhere on the web to see if it belongs to anyone.

yeah indeed be moral if we take / steal the property of others intentionally, then it is the wrong thing, but in this case a little difficult. We get a new wallet inside existing bitcoin, accidentally. As I've said before it certainly can not be said to steal, right?

Although we trace the wallet is still difficult to find the identity of the original owner, and the wallet could have no owner and does op is a lucky man Cheesy

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Quote from: rababo on July 20, 2016, 07:49:07 PM

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.

The chance that going to happen is near to 0%. That's more likely impossible to happen.
But let's say it's happened somehow, still it's wrong if you take it because it's not yours, it's belong to someone else.

The bold sentences are referred it's will be impossible to happen. but maybe if somebody else wanna or allowed you to take the amount I think it's not included as stealing. but where from you know about the balance is already belonging to somebody else? Huh

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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.

The chance that going to happen is near to 0%. That's more likely impossible to happen.
But let's say it's happened somehow, still it's wrong if you take it because it's not yours, it's belong to someone else.

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This is a hard questions. The moral understand is always that if you take what is not yours, you are stealing which is wrong. Now the issue with Bitcoin is that it really only belongs to the wallet that it is put in. If you open a wallet with it in already what could you do? The only thing I can think of would be to search for the bitcoin address somewhere on the web to see if it belongs to anyone.

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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.

To generate a new address (having the same private key as someone else) the chances are very low, I was thinking similar to you when i tried to generate new vanity bitcoin addresses, but there are lots of combination that the percentage is very very low. But if you are very lucky then spending these money are illegal, I consider the same as spending money from someone's purse.

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Quote from: benjaminmason on July 20, 2016, 01:07:56 PM

of course its illegal, not only for bitcoin, but for everything

Lol yeah i think although bitcoin does not have any law or any rule relating to government bitcoin I think stealing is illegal activity you know because you've hurt others. so avoid stealing because it will harm you. you will only find only temporary profit

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of course its illegal, not only for bitcoin, but for everything

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Quote from: Betwrong on July 20, 2016, 02:56:32 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.

Well, the probability of that happening would be close to transformation of your clothes in the washing machine into packs of US Dollars. Is that a forgery of bank bills? I don't know, it's better to consult a lawyer.

well that was a bad comparison... though i must agree that it is nearly impossible (its so hard that we can say that it is impossible actually) to generate the same address so dont worry about it

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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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It not illegal, but it's your choice what to do with it, use it or leave doesn't matter no one will see
no one will care, unless you have a big mouth and boasting about it. i may sound harsh but it is
the truth

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Quote from: Hirose UK on July 16, 2016, 08:24:55 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

yeah I agree. we're not allowed to take something without the owner's permission. just imagine if other people steal something from you. it should be bad for you. so if I were you, I wouldn't steal anything.

Yeah stealing any kind of things that without permission of the owner is illegal but in the case of the Op. He/She said that he generate new bitcoin address and received some bitcoin thats not illegal because he/she didnt get it for himself/herself so it is like money that fall in some place and he find it without knowing who is the owner of that money. So in that case it is not stealing

.

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Quote from: Sarthak on July 20, 2016, 08:43:19 AM

Quote

Is stealing Bitcoin illegal?

While I read the topic, I was like 'wtf did I just read Huh

'.

Maybe you should make the topic a bit more clear?

it's what people called clickbait Wink

Quote from: Adriandmen on July 20, 2016, 05:36:08 AM

Just a fun fact, a lot of the wallets in the beginning of the bitcoin have ~50 BTC and aren't used for years.

This is an example: https://blockchain.info/address/15yN7NPEpu82sHhB6TzCW5z5aXoamiKeGy.

then the bitcoin will just lost and can't be reclaimed? it's such a waste,if it could be used to replace every blocks mining fees that'd be great

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Quote from: RobinHoodster on July 20, 2016, 08:36:20 AM

Stealing stays stealing no matter what you steal if it is not yours and you take it then it is stealing which is illegal even tho it is about the Bitcoin.
Do not steal because it is not a good thing you are never going to know that person feel unless somebody steels from you.

Of course, stealing is illegal and the closest thing it can harm people who become victims. Theft is a crime that has no sense of social good. Don't ever steal though was in critical condition, look for a better way and does not pose a big problem later on

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Quote from: dihari on July 20, 2016, 05:45:14 AM

If you stealing bitcoin in a country where bitcoin is illegal to use, that's not illegal. It is legal because that country doesn't have responsibility with the crime that can't be prove.

But maybe it is an immoral attitude.

no it is still not good if you are stealing bitcoin in such a country where it is illegal. i think it morally not good. if you are stealing bitcoin in such a country where it is illegal then why are yo stealing it. is it not illegal for you to to use it or to keep it in such country.

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Quote from: rinhunter on July 20, 2016, 09:29:46 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.

I think it's not stealing, because you didn't do anything. If you feel stealing from it, who is to blame?
If it happens.. Take it, dont worry, its legal. Wink

And in the blockchain system, i think it will not happen, because total of bitcoin addresses it's a lot.

yes, it is legal if it happens like that, but if you intentionally take someone from walletnya bitcoin, it was called a thief and it is clearly illegal. it's the same as taking money in the bank without anyone in mind. of course it was very dangerous and of course the money you get is illegal. maybe you'd better not do that

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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 think it's not stealing, because you didn't do anything. If you feel stealing from it, who is to blame?
If it happens.. Take it, dont worry, its legal. Wink

And in the blockchain system, i think it will not happen, because total of bitcoin addresses it's a lot.

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