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Topic: Bitcoin eventually disappear... - page 12. (Read 4299 times)

member
Activity: 216
Merit: 17
Xircus
October 11, 2018, 12:27:54 AM
No one can predict until when bitcoin will be existed,but as long as many who supports and investors bitcoin will never be dissappear,.
As we know bitcoin is still a long time living currencies from how many years past by up to now and it is still in demand by global.,his is my point of view and when theres a technology bitcoin is still be a part of our daily needs.
sr. member
Activity: 826
Merit: 256
October 10, 2018, 11:24:50 PM
BTC can hardly disappear from this world, I believe they will last forever and thrive in the next few years.

Bitcoin will only disappear or cease to function as a currency when we there is no more investors to support its existence. Bitcoin will continue to exist as long as there are still demand for it and only time can tell when will bitcoin cease to function as a virtual currency. If bitcoin disappear, the whole cryptocurrency market might get affected and it takes time to recover again and worst, the market would never be the same again if bitcoin is gone.
full member
Activity: 602
Merit: 118
October 10, 2018, 10:15:33 PM
Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.

When the amount of bitcoin supply shrinks, bitcoin will still be useful, even at that time the price will become more expensive.

Bitcoin may disappear, and in its place a new coin will be born, with more advantages

Bitcoin's not possible will disappear in the near future and bitcoin will remain there at least up to 50 years to come. Almost every month new coins are born, the fact that none of them can replace bitcoin.
If, bitcoin will be replaced, by another coin then the address of the destruction of the global cryptocurrency cannot be maintained anymore.
full member
Activity: 392
Merit: 100
October 10, 2018, 03:06:28 PM
I don't think it will happen. Bitcoin will stay no matter what happens in it. it may face it's toughest situation but it will always survive for sure. I believe that Bitcoin will stay forever in the crypto World. that's for sure.
jr. member
Activity: 210
Merit: 1
OMNITY Knowledge, connected
October 10, 2018, 02:34:02 PM
Bitcoin may disappear, and in its place a new coin will be born, with more advantages (I would have bet on Ethereum, but in recent times it is not good), but surely the crypts will not disappear.
So, let's hold on, and look for the best options.
full member
Activity: 490
Merit: 100
October 10, 2018, 01:43:36 PM
It is interesting for me. People deliberately spread panic in order to achieve even greater fall of BTC, or do they really think so ?. I am sure that nothing will happen to BTC, because there is too much money here.
with the increasing number of bitcoiners, then it is difficult to move the market significantly with its funds. so they make negative news about it, and move bitcoiner's panic to achieve the goals they want

I never pay attention to the bad news as I realize, most of this information is not true. I am sure, Bitcoin will not die even in many years when the last BTC is mined.
member
Activity: 445
Merit: 10
Worlds Simplest Cryptocurrency Wallet
October 10, 2018, 06:56:35 AM
There will be a fixed number if Bitcoins, and people, because of human error, will accidentally lose Bitcoins every now and then.

This must mean that Bitcoin will eventually seize to exist? Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.

Is this correct?


I think it is always useful. Now it has gone too deep into the machinery of businesses and mafia organizations. I believe the mafia organizations are holding the most BTC and they are also one of the ingredients that make Bitcoin prices always fluctuate. Bitcoin's future is great if there is always a strong capital base from such organizations.
full member
Activity: 238
Merit: 100
October 10, 2018, 06:41:18 AM
No i don't think so that bitcoin will disappear because till now it has become the best investment asset. Bitcoin has given alot to people so how it can disappear. No doubt these days price value is very less but still it has the potential to come back on its track and give the maximum number of profits to the investors. Ups and down are eveywhere and they are the big part of market. So according to me bitcoin can't disappear.
member
Activity: 158
Merit: 11
Omnity - Unifying Knowledge For Faster Insight
October 10, 2018, 05:30:09 AM
Whatever on this planet is destined to disappear.
Even the planet itself ...
If this happens in a year, between a thousand or a million I do not know.
I try to take advantage of it now ...
member
Activity: 390
Merit: 11
October 10, 2018, 04:42:31 AM
the basic logic is that fixed bitcoin is with a clear and definite supply, when there is a death in some bitcoin holders and the wallet is not inherited then bitcoin cannot fill the market, and this can happen when we lose the private key or the bitcoin access key which we finally unable to fully access the bitcoin, but not all will die and lose the key intentionally and as a result of this is a permanent supply but the availability of bitcoin is reduced, of course the price will increase
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
October 10, 2018, 04:00:06 AM
if bitcoin disappears then I'm sure there will be a lot of people who lose because bitcoin prices will surely collapse and make a lot of people depressed but in some places there are still many who are looking for bitcoin so that the circulation of bitcoin will not disappear as long as the bitcoin network still exists.
newbie
Activity: 91
Merit: 0
October 10, 2018, 03:41:20 AM
I think this is the wrong view. Market ups and downs are very normal. Bitcoin will land when it takes off, so there is no big prize, but it won't disappear.
newbie
Activity: 21
Merit: 0
October 10, 2018, 02:55:17 AM
I don't think so, Bitcoin has existed for many years although its value may be up and down but it always has an important position in every investor. Maybe the years or next time there will be certain changes in the cryptocurrency market. However, personally, I don't think bitcoin will disappear.
member
Activity: 420
Merit: 10
“Tackling Climate Change Using Blockchain”
October 10, 2018, 01:35:58 AM
I see this possibilty far from happening in the real world. Maybe it could happen if 90 percent of the total volume of coins is lost. With the very big supply that bitcoin holds it really quite impossible  to lose that much. If this is intended to be a FUD then this for me could be the funniest joke I have read! Thanks!
member
Activity: 378
Merit: 25
October 10, 2018, 01:10:24 AM
There will be a fixed number if Bitcoins, and people, because of human error, will accidentally lose Bitcoins every now and then.

This must mean that Bitcoin will eventually seize to exist? Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.

Is this correct?



nope, it does not work that way, remember the rule on economics, if the supplies decreases, the price will increase, and when the supplies ran out, but the demand stays as is, in case bitcoin was lost due to inaccessible wallets, still, it is considered on the total market supplies, bitcoin cannot have a fixed number because bitcoin can be mined. and it can never be useless even when it reaches its low price, someone will buy it then the cycle continues, it is where bitcoin survive, the traffic that was created buy the buying and selling activity of the users. 
full member
Activity: 938
Merit: 137
October 09, 2018, 11:34:54 PM
There will be a fixed number if Bitcoins, and people, because of human error, will accidentally lose Bitcoins every now and then.

This must mean that Bitcoin will eventually seize to exist? Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.

Is this correct?


Of the 17 million bitcoins already mined, more than six million are considered lost forever. Given the rise in the price of Bitcoin, people will treat it more carefully, but this will not exclude its further losses anyway. Therefore, of course, over time, the number of bitcoins in circulation will decrease, if you do not take into account its further production, and this will have a certain impact on the increase in its price.
full member
Activity: 826
Merit: 100
October 09, 2018, 11:30:17 PM
I think bitcoin was not eventually disappearing, it is stored with someone else wallet and stored, and some are numbers are in bitcoin miners storage. It is impossible to happen that it will disappear, perhaps it will be long-term existed because people are already trusted on this coin a digital currency. They think that it will more much profitable after how many years of holding, just like an asset.
And I personally believed that this digital money(bitcoin) will have a great value near in the future.
i think like that too. more and more countries are introducing bitcoin to their communities, and this will grow later. with the increasing number of bitcoin users, it certainly makes bitcoin grow better
full member
Activity: 924
Merit: 221
October 09, 2018, 10:59:54 PM
There will be a fixed number if Bitcoins, and people, because of human error, will accidentally lose Bitcoins every now and then.

This must mean that Bitcoin will eventually seize to exist? Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.

Is this correct?


Maybe it will be the opposite since the bitcoins with low amount of supply means a higher market price increase in the near future. This will relatively help the bitcoin market price to move that high and if ever it will reach to 30% of bitcoin that has been lost then bitcoin dev could create a bitcoin 2 to and then merge in with the original bitcoin. This will help the bitcoin supply to grow more.
full member
Activity: 938
Merit: 105
October 09, 2018, 10:57:37 PM
I think bitcoin was not eventually disappearing, it is stored with someone else wallet and stored, and some are numbers are in bitcoin miners storage. It is impossible to happen that it will disappear, perhaps it will be long-term existed because people are already trusted on this coin a digital currency. They think that it will more much profitable after how many years of holding, just like an asset.
And I personally believed that this digital money(bitcoin) will have a great value near in the future.
member
Activity: 938
Merit: 14
Earn more with Earn Network
October 09, 2018, 10:45:29 PM
Bitcoin is not going to disappear. Despite the numerous attacks coming from the media, banks and governments, Bitcoin has proven to its investors beyond all doubts by stabilizing its price range between $6500 to $6700. Bitcoin is gradually and strategically growing its support from the investors and with time, BTC will become the most valuable coin on the market.
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