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Author Topic: Is stealing Bitcoin illegal?  (Read 39476 times)
mlbs
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October 21, 2016, 10:28:40 PM
 #881

It is definitely stealing. And ll of us know stealing vis ILLEGAL. no matter how small content of the address you have generated as long as you have cash out the money. In the part of the owner, it is so unfortunate for him to lose those address since it will be definitely hard to trace who is responsible for the illegal act.
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October 21, 2016, 10:32:40 PM
 #882

yeah anything to steal is illegal and bitcoin is normally crypto currency so no one can steal it from other because bitcoin have high security and bitcoin is not hack able.
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October 21, 2016, 10:33:53 PM
 #883

yes it is illegal bitcoin is still worth with something
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October 22, 2016, 12:22:51 AM
 #884

actully yes it is kind of illigal but here nobody will actully gonna punish you as it is not in power of any government but if someone really finds a scammer then yes they can take appropriate action like arresting them

Any stealing is not correct, and it is illegal. If one can come to know who is it then surely they will be punished. But before going to punishment just think like a normal person, if someone steals your money how do you feel? it is same for others so instead of thinking stealing just learn how to earn money in legal ways. It is good for a person and as well as for society.
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October 22, 2016, 01:27:56 AM
 #885

It's so funny I thought this place would be filled with smart people. You guys cannot even understand the context in a thread.

I was asking if somebody generated a BTC address, checked the BTC network, saw it already had BTC in it, then took it, if that is illegal. I am pretty certain it isn't. If you say it is and a BTC developer heard you I'm sure he'd give you a great big slap.

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October 22, 2016, 01:40:24 AM
 #886

It's so funny I thought this place would be filled with smart people. You guys cannot even understand the context in a thread.

I was asking if somebody generated a BTC address, checked the BTC network, saw it already had BTC in it, then took it, if that is illegal. I am pretty certain it isn't. If you say it is and a BTC developer heard you I'm sure he'd give you a great big slap.

First of all, what are you talking about here is not possible. You can't just generate an address that already has a Bitcoin in it, because you can't generate the same address twice.
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If you say it is and a BTC developer heard you I'm sure he'd give you a great big slap.

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Alanay (OP)
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October 22, 2016, 01:51:43 AM
 #887

It's so funny I thought this place would be filled with smart people. You guys cannot even understand the context in a thread.

I was asking if somebody generated a BTC address, checked the BTC network, saw it already had BTC in it, then took it, if that is illegal. I am pretty certain it isn't. If you say it is and a BTC developer heard you I'm sure he'd give you a great big slap.

First of all, what are you talking about here is not possible. You can't just generate an address that already has a Bitcoin in it, because you can't generate the same address twice.
Quote
If you say it is and a BTC developer heard you I'm sure he'd give you a great big slap.

Are you serious right now? Your knowledge of Bitcoin is obviously very small. It's is 100% possible two people can get generate the same address but it is really really REALLY unlikely. Please don't talk about things you know nothing about to begin with.

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October 22, 2016, 02:26:59 AM
 #888

It's so funny I thought this place would be filled with smart people. You guys cannot even understand the context in a thread.

I was asking if somebody generated a BTC address, checked the BTC network, saw it already had BTC in it, then took it, if that is illegal. I am pretty certain it isn't. If you say it is and a BTC developer heard you I'm sure he'd give you a great big slap.

First of all, what are you talking about here is not possible. You can't just generate an address that already has a Bitcoin in it, because you can't generate the same address twice.
Quote
If you say it is and a BTC developer heard you I'm sure he'd give you a great big slap.

Are you serious right now? Your knowledge of Bitcoin is obviously very small. It's is 100% possible two people can get generate the same address but it is really really REALLY unlikely. Please don't talk about things you know nothing about to begin with.

I could say that these kind of  bugs  of addresses  is a very rare thing  to  happen  because all new generated address are completely unique but  we cant really avoid some  flaws  or circumstances. There are really people  talk too much into things without any proper  knowledge  with it. In situation of OP  its not considered as stealing for me.

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October 22, 2016, 04:38:54 AM
 #889

It's so funny I thought this place would be filled with smart people. You guys cannot even understand the context in a thread.

I was asking if somebody generated a BTC address, checked the BTC network, saw it already had BTC in it, then took it, if that is illegal. I am pretty certain it isn't. If you say it is and a BTC developer heard you I'm sure he'd give you a great big slap.

The problem is your analogy is no different then waking up one morning, opening a new account at a bank, and another person mistakenly depositing into your account. There have been several cases where a individual spent the money and was unable to repay once the bank discovered / corrected the issue. Those individuals are prosecuted with Felonys as at least in the US, robbing a bank is robbing the federal government as they are FDIC insured.

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October 22, 2016, 06:29:23 AM
 #890

It's so funny I thought this place would be filled with smart people. You guys cannot even understand the context in a thread.

I was asking if somebody generated a BTC address, checked the BTC network, saw it already had BTC in it, then took it, if that is illegal. I am pretty certain it isn't. If you say it is and a BTC developer heard you I'm sure he'd give you a great big slap.

The problem is your analogy is no different then waking up one morning, opening a new account at a bank, and another person mistakenly depositing into your account. There have been several cases where a individual spent the money and was unable to repay once the bank discovered / corrected the issue. Those individuals are prosecuted with Felonys as at least in the US, robbing a bank is robbing the federal government as they are FDIC insured.


And that does not apply in bitcoin because bank are controlled by the government while bitcoin is not, we are living in a decentralized world and that makes us love bitcoin and if we have a chance to steal for sure people will do as there is no legal obligation for us if caught.

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arcanaaerobics
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October 22, 2016, 06:50:37 AM
 #891

It's so funny I thought this place would be filled with smart people. You guys cannot even understand the context in a thread.

I was asking if somebody generated a BTC address, checked the BTC network, saw it already had BTC in it, then took it, if that is illegal. I am pretty certain it isn't. If you say it is and a BTC developer heard you I'm sure he'd give you a great big slap.

The problem is your analogy is no different then waking up one morning, opening a new account at a bank, and another person mistakenly depositing into your account. There have been several cases where a individual spent the money and was unable to repay once the bank discovered / corrected the issue. Those individuals are prosecuted with Felonys as at least in the US, robbing a bank is robbing the federal government as they are FDIC insured.


And that does not apply in bitcoin because bank are controlled by the government while bitcoin is not, we are living in a decentralized world and that makes us love bitcoin and if we have a chance to steal for sure people will do as there is no legal obligation for us if caught.

The world "stealing" says it all, if it's not your property and you take it, don't matter how, of course it ilegal...
If you catch a bill on the floor, it will be stealing or, to be more accurate: theft
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October 22, 2016, 08:52:42 AM
 #892

It's so funny I thought this place would be filled with smart people. You guys cannot even understand the context in a thread.

I was asking if somebody generated a BTC address, checked the BTC network, saw it already had BTC in it, then took it, if that is illegal. I am pretty certain it isn't. If you say it is and a BTC developer heard you I'm sure he'd give you a great big slap.

The problem is your analogy is no different then waking up one morning, opening a new account at a bank, and another person mistakenly depositing into your account. There have been several cases where a individual spent the money and was unable to repay once the bank discovered / corrected the issue. Those individuals are prosecuted with Felonys as at least in the US, robbing a bank is robbing the federal government as they are FDIC insured.


And that does not apply in bitcoin because bank are controlled by the government while bitcoin is not, we are living in a decentralized world and that makes us love bitcoin and if we have a chance to steal for sure people will do as there is no legal obligation for us if caught.

The world "stealing" says it all, if it's not your property and you take it, don't matter how, of course it ilegal...
If you catch a bill on the floor, it will be stealing or, to be more accurate: theft
That actually depends on the situation and on how you will justify your act, simply stealing is illegal and not right but with bitcoin I am not quite sure as it is a little complicated, the question is, how would you classify bitcoin?

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Aamir1
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October 22, 2016, 09:20:35 AM
 #893

It's so funny I thought this place would be filled with smart people. You guys cannot even understand the context in a thread.

I was asking if somebody generated a BTC address, checked the BTC network, saw it already had BTC in it, then took it, if that is illegal. I am pretty certain it isn't. If you say it is and a BTC developer heard you I'm sure he'd give you a great big slap.

First of all, what are you talking about here is not possible. You can't just generate an address that already has a Bitcoin in it, because you can't generate the same address twice.
Quote
If you say it is and a BTC developer heard you I'm sure he'd give you a great big slap.

Are you serious right now? Your knowledge of Bitcoin is obviously very small. It's is 100% possible two people can get generate the same address but it is really really REALLY unlikely. Please don't talk about things you know nothing about to begin with.

So if something like that happens suppose you create an address and it automatically has bitcoins in it then that wont be considered stealing as they came to you mistakenly or because of a bug, the concept of stealing is probably taking something from somewhere willingly, so basically you are wrong by considering it stealing.
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October 22, 2016, 09:44:25 AM
 #894

It's so funny I thought this place would be filled with smart people. You guys cannot even understand the context in a thread.

I was asking if somebody generated a BTC address, checked the BTC network, saw it already had BTC in it, then took it, if that is illegal. I am pretty certain it isn't. If you say it is and a BTC developer heard you I'm sure he'd give you a great big slap.

First of all, what are you talking about here is not possible. You can't just generate an address that already has a Bitcoin in it, because you can't generate the same address twice.
Quote
If you say it is and a BTC developer heard you I'm sure he'd give you a great big slap.

Are you serious right now? Your knowledge of Bitcoin is obviously very small. It's is 100% possible two people can get generate the same address but it is really really REALLY unlikely. Please don't talk about things you know nothing about to begin with.

So if something like that happens suppose you create an address and it automatically has bitcoins in it then that wont be considered stealing as they came to you mistakenly or because of a bug, the concept of stealing is probably taking something from somewhere willingly, so basically you are wrong by considering it stealing.
Bro isn't that kind of a weird thing to imagine of. If you created an already existing address it means you duplicated it. The Bitcoin that the address will be receiving won't be doubled as the both of you will only have one account. It is also like stealing as you prevented the real person who will receive it to have that btc in his own privacy. Of course you are only imagining things that are out of the possibility.
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October 22, 2016, 11:36:14 AM
 #895

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 that is illegal becouse there is must be someone own that bitcoin. You should not take it. You have to generate another adress to save your ouwn bitcoin. Dont act like criminal it is doesnt good.
Alanay (OP)
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October 22, 2016, 12:48:59 PM
 #896

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 that is illegal becouse there is must be someone own that bitcoin. You should not take it. You have to generate another adress to save your ouwn bitcoin. Dont act like criminal it is doesnt good.

It does not make it illegal, maybe morally wrong yes. Can you honestly say if you generated an address with 100 BTC in it you wouldn't spend it or send it to another address?

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October 22, 2016, 01:14:58 PM
 #897

This thread is so full of shit, one can barely breathe.


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October 22, 2016, 01:41:39 PM
 #898

As the others mentioned it... Who are you going to report to if your coins get stolen? The police simply won't give damn about your losses. To me, stealing anything is illegal but those who stole bitcoins can simply get away with it most of the time.
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October 22, 2016, 03:28:33 PM
 #899

As the others mentioned it... Who are you going to report to if your coins get stolen? The police simply won't give damn about your losses. To me, stealing anything is illegal but those who stole bitcoins can simply get away with it most of the time.

Since bitcoins is consider as digital money, its better go to a division of police that mainly deals with cyber crime. they will help you but since bitcoins is still new to their ears, it will be a 1 in a million chance to get a positive outcome


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October 22, 2016, 03:33:23 PM
 #900

As the others mentioned it... Who are you going to report to if your coins get stolen? The police simply won't give damn about your losses. To me, stealing anything is illegal but those who stole bitcoins can simply get away with it most of the time.

Since bitcoins is consider as digital money, its better go to a division of police that mainly deals with cyber crime. they will help you but since bitcoins is still new to their ears, it will be a 1 in a million chance to get a positive outcome

It seems you can't have anonymity and safety both at the same time. If you need the police to solve your problems, that means you need safety not anonymity. If you don't need police to solve your problems, then feel free to use bitcoin.

Hard to choose.

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