Is stealing Bitcoin illegal? - page 9.

wedatin

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Quote from: goinmerry on October 12, 2016, 08:25:12 AM

It is with the law of man that once you took what is not yours then it is considered as a crime. But then, there are this people who argues with that. How do they really classify bad from good? This have been a concept for ages and it wont stop. I think we should just look at our conscience. What do it say? Can you sleep after stealing? Is it still bothering you after a long time that it happened? Those question can answer what you want to point here.

That is right. Stealing the bitcoin is simlar to stealing other properties. That is punishable by law.

goinmerry

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It is with the law of man that once you took what is not yours then it is considered as a crime. But then, there are this people who argues with that. How do they really classify bad from good? This have been a concept for ages and it wont stop. I think we should just look at our conscience. What do it say? Can you sleep after stealing? Is it still bothering you after a long time that it happened? Those question can answer what you want to point here.

dunfida

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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.

Noctis Connor

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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

hajimasan

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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.

in my opinion this type of stealing money is a type of illegal activities . if you know that it is a adress at which anyone is already useing . and accidently you got that adress from.your wallet . just don't use that adress .

dezoel

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Quote from: randy8777 on October 12, 2016, 06:27:10 AM

Quote from: elDano on October 12, 2016, 06:16:02 AM

Quote from: Newcoins2020 on October 12, 2016, 02:29:22 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 of course stealing Bitcoin is illegal but the thing is that there is really nothing that you can do when someone stole your Bitcoin from you.
Because people can get away with it easy nothing is really done about it.

I know stealing Bitcoin is still illegal but people can get away with it so easy and that is why they keep on doing it.
There is not much that can be done to these people because the police are not going to waist there time on it.

with crypto currencies in general, it's very easy to set up a scam site for example, and then completely disappear with people's coins. of course you can still follow them in the block chain, but that's all you can do. especially when the scammers in question have thought out every detail.

We can follow them in block chain but we would never be able to take any legal action against them and once we send bitcoins from our wallet there is no chance to recover them back.

MarySue

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Quote from: randy8777 on October 12, 2016, 06:27:10 AM

with crypto currencies in general, it's very easy to set up a scam site for example, and then completely disappear with people's coins. of course you can still follow them in the block chain, but that's all you can do. especially when the scammers in question have thought out every detail.

Especially when the scammer is physically located in another country - or continent. Unless the amount stolen is in the ballpark of seven figures or more, I don't think police will ever get involved.

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Quote from: elDano on October 12, 2016, 06:16:02 AM

Quote from: Newcoins2020 on October 12, 2016, 02:29:22 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 of course stealing Bitcoin is illegal but the thing is that there is really nothing that you can do when someone stole your Bitcoin from you.
Because people can get away with it easy nothing is really done about it.

I know stealing Bitcoin is still illegal but people can get away with it so easy and that is why they keep on doing it.
There is not much that can be done to these people because the police are not going to waist there time on it.

with crypto currencies in general, it's very easy to set up a scam site for example, and then completely disappear with people's coins. of course you can still follow them in the block chain, but that's all you can do. especially when the scammers in question have thought out every detail.

elDano

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Quote from: Newcoins2020 on October 12, 2016, 02:29:22 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 of course stealing Bitcoin is illegal but the thing is that there is really nothing that you can do when someone stole your Bitcoin from you.
Because people can get away with it easy nothing is really done about it.

I know stealing Bitcoin is still illegal but people can get away with it so easy and that is why they keep on doing it.
There is not much that can be done to these people because the police are not going to waist there time on it.

Newcoins2020

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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 of course stealing Bitcoin is illegal but the thing is that there is really nothing that you can do when someone stole your Bitcoin from you.
Because people can get away with it easy nothing is really done about it.

drwtsn32

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Quote from: croutonhexagon on October 11, 2016, 11:19:07 AM

Obviously stealing a single piece of needle is also crime you know, and bitcoin is not any useless or it is not only meant for poor people. Bitcoin is a digital money and it's a digital asset so you have no right to steal bitcoin.

But luckily if you get bitcoin by mistake from other then you can take it. But if you are really honest please return back to the same address.

It is not a crime as well if you did not want to return the money back because bitcoin has one-way transaction.
There is no law that you are breaking with that.

lol3c

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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.

Personally, i think it is illegal to steal someone's bitcoin. As you see, bitcoins are private property which are bought by Fiat money or mining. Therefore, you can not arbitrarily take away somebody's bitcoin because it is totally wrong

StoreBit

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Quote from: DrGuns4Hands on October 07, 2016, 04:31:15 AM

Quote from: Hugroll on October 06, 2016, 12:42:38 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.

well i wouldnt really consider it stealing, because you created your own address and someone just happened to use it before you. its a fault in the bitcoin system, not considered stealing imo.

my thoughts too , and its hard to locate and know where it came from or who is the real owner of btc.

but if you know a person who is using bitcoin and know that he has wallet and try to get his wallet key and they steel his bitcoin from his wallet then you can really doing a wrong thing, because stealing of everything is illegal.

croutonhexagon

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Obviously stealing a single piece of needle is also crime you know, and bitcoin is not any useless or it is not only meant for poor people. Bitcoin is a digital money and it's a digital asset so you have no right to steal bitcoin.

But luckily if you get bitcoin by mistake from other then you can take it. But if you are really honest please return back to the same address.

DrGuns4Hands

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Quote from: Za1n on October 07, 2016, 06:19:01 AM

Quote from: DrGuns4Hands on October 07, 2016, 04:31:15 AM

Quote from: Hugroll on October 06, 2016, 12:42:38 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.

well i wouldnt really consider it stealing, because you created your own address and someone just happened to use it before you. its a fault in the bitcoin system, not considered stealing imo.

my thoughts too , and its hard to locate and know where it came from or who is the real owner of btc.

No, it is still stealing. The question is not who is the owner of the address, but who is the owner of the BTC. As many, many people have already said, the BTC was put into that address by someone and that person is the owner until they decide to transfer the funds to someone else either by sending them on or transferring ownership of the address containing them.

All of you crooks who think otherwise, the same thing could be said of a house, car etc. If I go to the locksmith and have him make some random keys, and I try them on some random cars and houses and one of them matches (which has a lot better odds than the bitcoin example btw), does that make me the owner of said car/house? No, of course not. You may own the key but not to the contents or object it unlocks.

Yes i know , stealing is stealing always .. But the ts "I generate a new address and by some miracle it has Bitcoin already" ..
So did he / she steal it? the answer NO . but the second question , "Is it legal to just take it? NO .
in car/house you might know who is the real owner , if your not into the crime of course you will not do any harm action , while in bitcoin are you going to stare that btc address? and might wondering how ? how could i ? where ? it's hard if the thing is in Bitcoin.

But if the ts ask what if someone i know wrong send the btc to my address , and i didn't gave it back that's 100% Stealing !

satdas

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Quote from: croutonhexagon on October 08, 2016, 12:22:12 PM

Off-course it's illegal to steal something from someone and so the same follows in bitcoin also as it is a digital money and stealing any asset is a crime so it's same with bitcoin also. It is digital money and it is not printed but it doesn't mean that you could steal it. Each party of bitcoin is a asset of any particular owner.

yes i also agree with you that stealing of every thing is illegal, it is also morally not good to steal the bitcoin of some one, as we can see that some people say that as bitcoin is not a legal currency therefore the stealing of it is legal. but to me i think it is morally illegal to steal the property of some one .

croutonhexagon

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Off-course it's illegal to steal something from someone and so the same follows in bitcoin also as it is a digital money and stealing any asset is a crime so it's same with bitcoin also. It is digital money and it is not printed but it doesn't mean that you could steal it. Each party of bitcoin is a asset of any particular owner.

doomistake

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The answer is very obvious since you used the term "stealing". Of course it is illegal because it is stealing. It is against the God's rule if you're aware of it. Stealing somethings that is not yours is illegal because why would you steal it if is not's yours in the first place?, I mean don't you think that he might be disappointed or mad if you would just going to steal somebody's property? what if this "stealing" is to be done to you? What would you feel? Would you think that's it's normal because it is legal? Of course not, right?.

krishna1

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well logically it is not illigal but if you tried any hacking method then i think it is illegal anyway my knowledge says if you have any private key of any bitcoin address then legally you are the owner of the balance inside it its just like a physical paper note which also has same type of thing written on it

MingLee

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Quote from: RocketSingh on October 08, 2016, 11:25:12 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.

Not at all. You are just co-owner of the private key of that address and hence also co-owner of the funds sitting in that address.

Under the right circumstances, yes, you are a co-owner, however the chances of that happening are incredibly low and I would be surprised if anyone just "happened" to generate a private key owned by someone else.

Brute-forcing private keys until you unlock something is stealing.

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