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Topic: Is stealing bitcoins illegal? - page 3. (Read 9455 times)

legendary
Activity: 1176
Merit: 1005
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December 08, 2014, 07:03:01 AM
i think word "stealing" explains it all
theft is theft, no matter what you are stealing, its a crime
sr. member
Activity: 420
Merit: 250
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December 07, 2014, 11:14:20 PM
Quite a large sum of existing bitcoins are stolen, so wouldn't it be a crime to accept bitcoins in the first place?  Lips sealed
It is not actually possible to "steal" bitcoin as bitcoin is fungible and do not physically exist. The same logic goes for accepting bitcoin that can be traced back to "stolen" bitcoin.

What is illegal is the act of hacking a computer/some kind of account that contains a person's private keys. This is somewhat of a different crime, however generally will have similar, if not worse consequences

Well, if someone has his wallet on a usb pendrive, don't they exist physically throught that usb pendrive?
No. Only the private keys would be stored on the USB drive. The private keys are what allow the inputs that have been sent to the BTC address to be spent. There would be no "balance" on the USB drive. This is a very difficult concept for many people to grasp and is very different from how traditional banking/assets works

It's counter-intuitive. Even when I explain it to myself I don't get it Tongue
You cannot steal bitcoin as they do not actually exist in reality. You can only steal data that controls bitcoin
full member
Activity: 165
Merit: 100
December 07, 2014, 09:00:11 PM
For example, if I mislead someone into sending me a large amount of bitcoins (in the United States) would that be illegal?

If I did not force them to do anything, but they sent them anticipating me to send a product in return, but I never send it.

Would this be considered illegal considering no one would know whether the bitcoin address that received the bitcoins was my address?



U can try, but g-d will probably take over and forbid it
sr. member
Activity: 350
Merit: 250
December 07, 2014, 08:37:56 PM
Quite a large sum of existing bitcoins are stolen, so wouldn't it be a crime to accept bitcoins in the first place?  Lips sealed
It is not actually possible to "steal" bitcoin as bitcoin is fungible and do not physically exist. The same logic goes for accepting bitcoin that can be traced back to "stolen" bitcoin.

What is illegal is the act of hacking a computer/some kind of account that contains a person's private keys. This is somewhat of a different crime, however generally will have similar, if not worse consequences

Well, if someone has his wallet on a usb pendrive, don't they exist physically throught that usb pendrive?
No. Only the private keys would be stored on the USB drive. The private keys are what allow the inputs that have been sent to the BTC address to be spent. There would be no "balance" on the USB drive. This is a very difficult concept for many people to grasp and is very different from how traditional banking/assets works
member
Activity: 124
Merit: 11
December 07, 2014, 07:42:30 PM
Quite a large sum of existing bitcoins are stolen, so wouldn't it be a crime to accept bitcoins in the first place?  Lips sealed
It is not actually possible to "steal" bitcoin as bitcoin is fungible and do not physically exist. The same logic goes for accepting bitcoin that can be traced back to "stolen" bitcoin.

What is illegal is the act of hacking a computer/some kind of account that contains a person's private keys. This is somewhat of a different crime, however generally will have similar, if not worse consequences

Well, if someone has his wallet on a usb pendrive, don't they exist physically throught that usb pendrive?
sr. member
Activity: 350
Merit: 250
December 07, 2014, 07:39:03 PM
Quite a large sum of existing bitcoins are stolen, so wouldn't it be a crime to accept bitcoins in the first place?  Lips sealed
It is not actually possible to "steal" bitcoin as bitcoin is fungible and do not physically exist. The same logic goes for accepting bitcoin that can be traced back to "stolen" bitcoin.

What is illegal is the act of hacking a computer/some kind of account that contains a person's private keys. This is somewhat of a different crime, however generally will have similar, if not worse consequences
legendary
Activity: 1260
Merit: 1116
December 07, 2014, 11:32:16 AM
Quite a large sum of existing bitcoins are stolen, so wouldn't it be a crime to accept bitcoins in the first place?  Lips sealed

But bitcoins don't actually exist as such, but as spaces in a ledger with a transaction history. Or am I mistaken?
legendary
Activity: 978
Merit: 1001
December 07, 2014, 11:29:53 AM
Quite a large sum of existing bitcoins are stolen, so wouldn't it be a crime to accept bitcoins in the first place?  Lips sealed
hero member
Activity: 700
Merit: 500
December 07, 2014, 08:03:05 AM
Isn't this just plain and simple fraud?

Both parties agreed to swap goods/services for bitcoin, except you didn't send the goods and accepted the bitcoin.
sr. member
Activity: 406
Merit: 250
December 07, 2014, 05:13:21 AM
If you did that with fiat money would it be illegal? If the answer is yes, then it is illegal. Simple as that.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
December 07, 2014, 03:41:06 AM
you cant steal magic internet money. so its ok i guess.
newbie
Activity: 47
Merit: 0
December 07, 2014, 03:40:46 AM
If stealing in your country is illegal, then yes. Stealing is stealing no matter what you steal.
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
December 07, 2014, 03:22:35 AM
Since you've made this post there's not pre-meditation, sounds like you're planning to do this, which would also likely make it illegal and increase the penalty.

What country do you live and what are you trying to sell?
legendary
Activity: 3472
Merit: 10611
December 07, 2014, 02:20:48 AM
For example, if I mislead someone into sending me a large amount of bitcoins (in the United States) would that be illegal?

If I did not force them to do anything, but they sent them anticipating me to send a product in return, but I never send it.

Would this be considered illegal considering no one would know whether the bitcoin address that received the bitcoins was my address?


well it looks like a crime but it needs to be proven and stuck to the person, and it is hard since bitcoin address is hard to be related to the person
member
Activity: 65
Merit: 10
December 06, 2014, 10:54:38 PM
Eat more paint chips and think harder to come up with something easier
hero member
Activity: 686
Merit: 500
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November 03, 2014, 02:18:29 PM
illegal! and also harm other people! remember your sins! Tongue
sr. member
Activity: 266
Merit: 250
November 03, 2014, 01:09:58 PM
Stealing anything at all, irrespective of value, is illegal.
newbie
Activity: 32
Merit: 0
November 03, 2014, 01:00:16 PM
its called fraud ie theft
sr. member
Activity: 448
Merit: 250
October 14, 2014, 10:26:59 PM
Alright, since the general consensus is that stealing bitcoins is illegal.
If I discontinue the use of communication with said person (from a way that can be linked back to my IP address) and continue the conversation on an anonymized, encrypted email, with TOR, a VPN, and tails, and then execute said plan, law enforcement would have no way to prove that it was me who committed the crime and I would not be held accountable due to lack of evidence that it was me, correct?

I'm absolutely fascinated that people like you exist.  Tell me about your parents.   Were they cussing, drinking, smoking parents who were physically abusive to you?   Do you think maybe you were born with some portions of your brain turned off (aka psycopath / no ability for empathy, etc) ?  

What is it that results in a human being like you?  

Are you aware that most of the world struggles with severe pain, both emotionally, physically, and otherwise because people like you exist?  Wars, tortures, bloodshed, death, sadness, starvation, and misery originates with people who think ... like you.   There are people around the world have to dedicate their entire lives to helping those that people like you hurt.  

What is it that goes on inside the mind of someone like yourself, when you realize that you are the personification of everything most people are disgusted by, in human nature?

Just curious.

-B-
There are a lot of people that are like this, it is just that many are not as open about it. It happens enough so that the market for anti theft devices and security for inventory slippage is very large.

To answer IsaacDestruction's question, not necessarily. It is very well possible that your execution of this would somehow leak your identity. It would be possible that you somehow have some setting mid-configured and your IP address and identity would leak or your VPN is not as anon as they advertise themselves to be. If this were to happen then law enforcement would probably be additionally harsh in bringing charges against you as you had taken steps to hide your identity to avoid prosecution.   
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
October 14, 2014, 03:53:03 PM
Jesus Christ and all Mother of The Holys is this REALLY a 6 page thread? Yes stealing bitcoins is illegal through fraud. Which is the "wrongful or criminal deception intended to result in financial or personal gain."

Seriously, do kids not have access to a dictionary or Google these days FFS?!?!
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