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Author Topic: Is stealing Bitcoin illegal?  (Read 39511 times)
Mastsetad
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September 06, 2016, 04:40:30 PM
 #541

Lol, stealing itself is an illegal word then how come it can be legal when it comes on bitcoin? Its illegal to steal anything in any corner of the world so that rule applies on bitcoin too.
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September 07, 2016, 10:21:03 AM
 #542

I don't know where you are located but stealing anything is illegal all around the world, bitcoin is a currency or even according to governments at least a commodity, of course stealing it is considered illegal, Whether the thief gets caught or not is not the question.
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September 07, 2016, 10:33:16 AM
 #543

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 this question has already been solve and I can see that many are saying that getting bitcoin from someone that they wouldn't know that you had take away their bitcoin is a crime, even thought you don't really intended to do it, it is always not yours but I think it is hard to track someone regarding bitcoin transaction so it is your own conscience if you will get that bitcoin when you randomly run an address, but I think it is just a rare occasion in getting a bitcoin address that has bitcoin.
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September 07, 2016, 06:04:57 PM
 #544

I don't know where you are located but stealing anything is illegal all around the world, bitcoin is a currency or even according to governments at least a commodity, of course stealing it is considered illegal, Whether the thief gets caught or not is not the question.
thats true, stealing bitcoins is illegal all around the world and it will surely be like that all the time in my opinion and it is a good thing

 
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September 08, 2016, 11:23:56 AM
 #545

I don't know where you are located but stealing anything is illegal all around the world, bitcoin is a currency or even according to governments at least a commodity, of course stealing it is considered illegal, Whether the thief gets caught or not is not the question.
thats true, stealing bitcoins is illegal all around the world and it will surely be like that all the time in my opinion and it is a good thing
Yes I agree, stealing bitcoin is illegal. It is include in cybercrime type and anyone who doing this can get arrest. I think we need to find new technology that make store bitcoin is more safely. I only divide my bitcoin in different wallet to reduce the  risk at now.


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September 08, 2016, 11:26:35 AM
 #546

I don't know where you are located but stealing anything is illegal all around the world, bitcoin is a currency or even according to governments at least a commodity, of course stealing it is considered illegal, Whether the thief gets caught or not is not the question.
Yes i doesnt matter weather you are living in any country stealing anything is an illegal activity and bitcoins is a currency and has a good value in USD or any other currency.So stealing bitcoin certainly would also be an illegal activity doesnt matter in which form you are doing it.
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September 08, 2016, 11:56:26 AM
 #547

I don't know where you are located but stealing anything is illegal all around the world, bitcoin is a currency or even according to governments at least a commodity, of course stealing it is considered illegal, Whether the thief gets caught or not is not the question.
Yes i doesnt matter weather you are living in any country stealing anything is an illegal activity and bitcoins is a currency and has a good value in USD or any other currency.So stealing bitcoin certainly would also be an illegal activity doesnt matter in which form you are doing it.

That is right just like stealing fiat currency bitcoin is the same just like the recent report on CNN last year about 2 former federal agents charged with stealing Bitcoin during Silk Road probe at $33 million dollar at the time had bring to justice in the court, well I think that is very reliable news source right, so that means even if bitcoin is an online currency stealing bitcoin is also a form of stealing money!
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September 08, 2016, 03:37:10 PM
 #548

Maybe topic starter has actual exploit which is generating it )?
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September 08, 2016, 05:50:07 PM
 #549

I don't know where you are located but stealing anything is illegal all around the world, bitcoin is a currency or even according to governments at least a commodity, of course stealing it is considered illegal, Whether the thief gets caught or not is not the question.
Yes i doesnt matter weather you are living in any country stealing anything is an illegal activity and bitcoins is a currency and has a good value in USD or any other currency.So stealing bitcoin certainly would also be an illegal activity doesnt matter in which form you are doing it.

That is right just like stealing fiat currency bitcoin is the same just like the recent report on CNN last year about 2 former federal agents charged with stealing Bitcoin during Silk Road probe at $33 million dollar at the time had bring to justice in the court, well I think that is very reliable news source right, so that means even if bitcoin is an online currency stealing bitcoin is also a form of stealing money!
It's common sense now that stealing is stealing. There's nothing changing that. However, please do consider looking into op's situation because what I can assess here is that you guys dind't read it at all.
He says he overlapped an address and he got the amount from that address he overlapped from and the owner would have no way to get it back. So would it be stealing to get it to keep for himself or not?
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September 09, 2016, 03:29:22 AM
 #550

Stealing anything that doesnt yours without the approval of the owner are considered as illegal or one crime. Even if it is just a miracle that you generate an address and has a btc on it the owner will still think that someone still his/her btc.
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September 09, 2016, 03:44:17 AM
 #551

Stealing anything that doesnt yours without the approval of the owner are considered as illegal or one crime. Even if it is just a miracle that you generate an address and has a btc on it the owner will still think that someone still his/her btc.

Legally, yes, they are the rightful owner, but the problem is you generate it and it's accidental, that means you don't deed something to steal it from his hand.. As long as no one claims it, it's yours, just give it to the owner if they have a proof that it is theirs.. OP and other forumite said that the odd is very high for this to happen..Besides there is no authority you could surrender it to...  Smiley  Cheesy
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September 09, 2016, 04:40:04 AM
 #552

Stealing anything that doesnt yours without the approval of the owner are considered as illegal or one crime. Even if it is just a miracle that you generate an address and has a btc on it the owner will still think that someone still his/her btc.

Legally, yes, they are the rightful owner, but the problem is you generate it and it's accidental, that means you don't deed something to steal it from his hand.. As long as no one claims it, it's yours, just give it to the owner if they have a proof that it is theirs.. OP and other forumite said that the odd is very high for this to happen..Besides there is no authority you could surrender it to...  Smiley  Cheesy

Op would have no choice but to get those bitcoin because  he doesnt even know whos the owner of the said address. Well it might be  considered as stealing because you got someones possesion without permission but still its only an incident , its better to get those bitcoin for sure you would benefit compare if you just  let those coins stood still.

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September 09, 2016, 07:30:08 AM
 #553

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.

Of course, none of the member in this forum will not say that illegal is good. Any illegal stealing are not good, You are no difference in scammer if that happen into anyone. Maybe you can do donate it in some other foundation or any orphanage, just don't take it.
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September 09, 2016, 12:23:07 PM
 #554

I don't know where you are located but stealing anything is illegal all around the world, bitcoin is a currency or even according to governments at least a commodity, of course stealing it is considered illegal, Whether the thief gets caught or not is not the question.
thats true, stealing bitcoins is illegal all around the world and it will surely be like that all the time in my opinion and it is a good thing
Yes I agree, stealing bitcoin is illegal. It is include in cybercrime type and anyone who doing this can get arrest. I think we need to find new technology that make store bitcoin is more safely. I only divide my bitcoin in different wallet to reduce the  risk at now.
It's already possible to store your Bitcoins safely, but a lot of people just don't do it.
You can have your coins safely in a paper wallet that's been generated with a computer that has never been connected with the internet and that would be quite safe to store Bitcoins.

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September 09, 2016, 12:37:18 PM
 #555

Stealing anything that doesnt yours without the approval of the owner are considered as illegal or one crime. Even if it is just a miracle that you generate an address and has a btc on it the owner will still think that someone still his/her btc.

Yeah. Why people have to think about that. You steal then its wrong. It is a process of getting something from another person without his or her approval. So it is wrong. Simple as that.

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September 09, 2016, 12:58:10 PM
 #556

Stealing anything that doesnt yours without the approval of the owner are considered as illegal or one crime. Even if it is just a miracle that you generate an address and has a btc on it the owner will still think that someone still his/her btc.

That is the obvious thing as stealing is really illegal.

But in the case of OP, it was just an accidental event where chances are really low to happen.

And in my case, I will use the accidentally coins in my hand and considered it as blessing lol.
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September 09, 2016, 01:28:09 PM
 #557

Depend on the law where do you live on.
For example my country are forbid bitcoin usage means for bitcoin holder still can own bitcoin BUT they are not responsible with us for example if your bitcoin got hacked or got steal , cops or law enforcer can't catch the bitcoin thief
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September 09, 2016, 03:31:32 PM
 #558

I don't know where you are located but stealing anything is illegal all around the world, bitcoin is a currency or even according to governments at least a commodity, of course stealing it is considered illegal, Whether the thief gets caught or not is not the question.
Yes i doesnt matter weather you are living in any country stealing anything is an illegal activity and bitcoins is a currency and has a good value in USD or any other currency.So stealing bitcoin certainly would also be an illegal activity doesnt matter in which form you are doing it.

That is right just like stealing fiat currency bitcoin is the same just like the recent report on CNN last year about 2 former federal agents charged with stealing Bitcoin during Silk Road probe at $33 million dollar at the time had bring to justice in the court, well I think that is very reliable news source right, so that means even if bitcoin is an online currency stealing bitcoin is also a form of stealing money!
It's common sense now that stealing is stealing. There's nothing changing that. However, please do consider looking into op's situation because what I can assess here is that you guys dind't read it at all.
He says he overlapped an address and he got the amount from that address he overlapped from and the owner would have no way to get it back. So would it be stealing to get it to keep for himself or not?

I think you are the one who's not reading here my friend! and just look at OP's first word there that I highlighted

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.

he says there "Let's say" right? that means it is just an example that means he's not referring to a real situation and he is asking if he will take the money is legal and in his last sentence he is just interested to know!

I think you are the one that needs to read first before exclaiming something that my understanding is wrong!
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September 09, 2016, 06:34:53 PM
 #559

Taking something that is not yours is really illegal may it be bitcoin or anything that you take without any authority from the owner. In the case you've given wherein you accidentally have bitcoin in your wallet upon generating it and you don't know who gave it then it is not stealing because there is no intention. But a chance of this happening is near to impossible.
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September 10, 2016, 08:43:53 AM
 #560

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.

How can you steal smth that is not real? It is just bits and bytes
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