Is stealing Bitcoin illegal? - page 5.

phreaky

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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.

Yeah stealing Bitcoin is illegal because you are taking something that does not belong to you so it still is stealing even tho it is online.
You should have more wallets if you want to prevent Bitcoin being stolen from you.

Zadicar

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Quote from: error08 on October 17, 2016, 11:00:02 PM

Quote from: TTMNewsK on October 17, 2016, 10:45:38 PM

Of course YES.
Any stealing acts is illegal.
It's doesn't matter what you are trying to steal.
It's still a bad thing.
So don't try it if you don't want to be punished.

Of course it is, what matter is hardly to know who's the one that steal those bitcoin.
What we can do if it is stolen, just let it go. That's why always set second verification of your wallet, it help to be more secure.

In the situation of op where he generated a new address which has already a bitcoin on it or already owned by someone. In his case he would surely get those bitcoin because he dont have any idea whos the owner of those address then he would get those bitcoin rather than waste it there.

error08

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Quote from: TTMNewsK on October 17, 2016, 10:45:38 PM

Of course YES.
Any stealing acts is illegal.
It's doesn't matter what you are trying to steal.
It's still a bad thing.
So don't try it if you don't want to be punished.

Of course it is, what matter is hardly to know who's the one that steal those bitcoin.
What we can do if it is stolen, just let it go. That's why always set second verification of your wallet, it help to be more secure.

TTMNewsK

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Of course YES.
Any stealing acts is illegal.
It's doesn't matter what you are trying to steal.
It's still a bad thing.
So don't try it if you don't want to be punished.

ajun96

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Quote from: 20kevin20 on October 17, 2016, 03:54:36 AM

No matter what, when, where and how you steal something it's still illegal whatever it is. You can steal a piece of empty paper from someone - it's still illegal. The big problem is the anonymity of Bitcoin which makes it pretty hard for authorities to backtrack the stealer.

true what you say that indirectly bitcoin makes it easy for thieves to increasingly invisible, when they managed to get in and steal bitcoin in your wallet, then there will be nothing you can do but let it go,
theft is illegal

J Gambler

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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.

You can't really get some bitcoin when you are going to generate a new address in any bitcoin wallet site because if you are going to generate then you had already bitcoin in it then you can called your self as lucky one. But if you are going to steal then that's a illegal thing.

Zadicar

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Quote from: rektDude on October 17, 2016, 08:50:12 AM

Quote from: achow101 on July 16, 2016, 05:49:00 PM

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

It is neither legal nor illegal; there are no laws governing this. Furthermore, if there were laws regarding Bitcoin, it would vary from country to country even though Bitcoin is an neutral international currency.

Taking Bitcoin from an address that you generated that already had Bitcoin would be considered immoral and would be highly frowned upon by the Bitcoin community.

Off course stealing bitcoins are bad but you have to know that you cant get busted by doing it because lots of peopel dont know that bitcoins ar enot trace able so they cant get caught the one who steals your bitcoins.

N one could able to track you down even you steal bitcoins because of its anonymity but your conscience would really haunt you down to your bones. unless if you are really a thief and dont mind on those conscience things. Stealing is stealing and its absolutely considered illegal in any way.

rektDude

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Quote from: achow101 on July 16, 2016, 05:49:00 PM

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

It is neither legal nor illegal; there are no laws governing this. Furthermore, if there were laws regarding Bitcoin, it would vary from country to country even though Bitcoin is an neutral international currency.

Taking Bitcoin from an address that you generated that already had Bitcoin would be considered immoral and would be highly frowned upon by the Bitcoin community.

Off course stealing bitcoins are bad but you have to know that you cant get busted by doing it because lots of peopel dont know that bitcoins ar enot trace able so they cant get caught the one who steals your bitcoins.

Harlot

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Quote from: randy8777 on October 17, 2016, 08:34:25 AM

Quote from: Sithara007 on October 17, 2016, 05:34:37 AM

In the western nations, stealing Bitcoins might be considered as a crime by the courts. But I really doubt whether the courts in the third world nations would prosecute someone, who is accused of stealing BTCs.

punishment for stealing in third world countries should not be underestimated. whether you steal $10,000 in cash or bitcoin, you're stealing money, and that's a heavy crime in most countries, and especially in third world countries. if you are put in prison for whatever period of time in nasty conditions, then you'll surely regret it. Wink

I never knew the status of a country can make other thing legal compared to other Developed countries. Also the Law is copied and duplicated by some countries in their respective Penal Code similarities of the law can assure you that stealing something is illegal. The only problem is will Bitcoin be identified as a real asset of the one stolen. Because even FBI does not care about the Victims of HashOcean.

croutonhexagon

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Yes stealing anything is a crime and the same applies in bitcoin also.
Bitcoin is a digital asset and stealing bitcoin is also a crime. But the situation you had mentioned is not illegal in my point of view because you your bitcoin from randomly generated address.

randy8777

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Quote from: Sithara007 on October 17, 2016, 05:34:37 AM

In the western nations, stealing Bitcoins might be considered as a crime by the courts. But I really doubt whether the courts in the third world nations would prosecute someone, who is accused of stealing BTCs.

punishment for stealing in third world countries should not be underestimated. whether you steal $10,000 in cash or bitcoin, you're stealing money, and that's a heavy crime in most countries, and especially in third world countries. if you are put in prison for whatever period of time in nasty conditions, then you'll surely regret it. Wink

Noctis Connor

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Quote from: dunfida on October 12, 2016, 07:35:11 AM

Quote from: Noctis Connor on October 12, 2016, 06:41:40 AM

Quote from: Rude Boy on October 08, 2016, 11:13:13 AM

Everyone knows, steeling is an illegal act. In this case, you're not stealing others bitcoin by using some illegal activity like hacking. Its just a flaw in bitcoin, still maths overrides this flaw.

Yup this is true steeling money and bitcoin or anything from human is illegal activity if you want to have some money work for it there are lots of work that can suit with our personality first thing is construction worker or we our going to build a shop buy and sell or anything

On OP's scenario he accidentally obtain or [generate a new address with a bitcoin inside of it which is somehow an intentional thing for him to be called as a stealer but anything that you get from someones possesion its already consider as stealing but he have no choice to return it because he doesnt even know whos the owner of the said address.

Ow i see but if it is really impossible that you are going to generate a new address then it has bitcoin inside we are generating fresh and new bitcoin address even the and it can't be doubled Tongue

unless unless the admin or ceo of you are using sent you amount of bitcoin.

lucki777

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yes stealing of bitcoin is illegal and there is no doubt about this, it is just like if you are going to steal the fiat currency a person the difference is bitcoin is a crypto currency.

Sithara007

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In the western nations, stealing Bitcoins might be considered as a crime by the courts. But I really doubt whether the courts in the third world nations would prosecute someone, who is accused of stealing BTCs.

maydna

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Quote from: drwtsn32 on October 17, 2016, 04:09:24 AM

Quote from: mrcash02 on October 15, 2016, 08:19:12 PM

Quote from: darety1 on October 15, 2016, 08:08:59 PM

What is the punishment for those that steal bitcoin? Who can punish this kind of thieves? It seems to me that if nobody ever knows there is nothing illegal.

An example is the HashOcean that stolen money from thousands of people with that fraudulent scheme and nothing happened to them. It's hard to get the thiefs and scammers on the internet because they know how to hidden themselves and we don't have many guarantees here of safe when online, that is one of the very few negative points with Bitcoin and another virtual coins.

That is why the authorities have been finding these fugitives because it is really illegal to steal anything. Even if that is physical or virtual. Especially, we are talking about money here. That is a serious business.

stealing bitcoin is illegal activities that we should avoid because the bitcoin its not belong to us. and for HO, i don't think that they want to give the stolen bitcoin they've got, they will use the bitcoin for another purpose to gain more bitcoin.

drwtsn32

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Quote from: mrcash02 on October 15, 2016, 08:19:12 PM

Quote from: darety1 on October 15, 2016, 08:08:59 PM

What is the punishment for those that steal bitcoin? Who can punish this kind of thieves? It seems to me that if nobody ever knows there is nothing illegal.

An example is the HashOcean that stolen money from thousands of people with that fraudulent scheme and nothing happened to them. It's hard to get the thiefs and scammers on the internet because they know how to hidden themselves and we don't have many guarantees here of safe when online, that is one of the very few negative points with Bitcoin and another virtual coins.

That is why the authorities have been finding these fugitives because it is really illegal to steal anything. Even if that is physical or virtual. Especially, we are talking about money here. That is a serious business.

20kevin20

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No matter what, when, where and how you steal something it's still illegal whatever it is. You can steal a piece of empty paper from someone - it's still illegal. The big problem is the anonymity of Bitcoin which makes it pretty hard for authorities to backtrack the stealer.

machinek20

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Quote from: Erzatium on October 17, 2016, 02:24:14 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.

Yeah staling Bitcoin is illegal because you are stealing it and it does not belong to you so even tho it is online it still is stealing.
The thing is that people can get away with it and nothing is done by it and that is why some do not see it as stealing.

any action of stealing no matter small or big is still called stealing and it is an act of criminal, even though you can escape from the people but it feel not right to take something that is not yours

Zadicar

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Quote from: Erzatium on October 17, 2016, 02:24:14 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.

Yeah staling Bitcoin is illegal because you are stealing it and it does not belong to you so even tho it is online it still is stealing.
The thing is that people can get away with it and nothing is done by it and that is why some do not see it as stealing.

Agree, anything that not belong to you and you intend to get it then its considered as stealing already no matter how big or small on the amount. In the case of OP he accidentaly generate a new address which theres already had a bitcoin on it and i think this is exempted for me.

Erzatium

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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.

Yeah staling Bitcoin is illegal because you are stealing it and it does not belong to you so even tho it is online it still is stealing.
The thing is that people can get away with it and nothing is done by it and that is why some do not see it as stealing.

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