Bitcoin has existed from over 8 years now and has been the predominant cryptocurrency in terms of price and volume of trade. Definitely, due to human error there has already been loss of millions of Bitcoins already worth billions of dollars today and this count could only increase by your idea. Everyone in the world can't commit the same mistake and lose their Bitcoin wallets so there will still be Bitcoin as long as users are careful with handling their moneys/wallets.
No doubt it is the long time the bitcoin is there since 2009 and till now the price of the bitcoin is very high and more and more people are holding and investing in the bitcoin, the point is that the money is good to invest and to have the high amount of the bitcoin in your life so I think as the time passing the believe of the people in the bitcoin is increasing and they are using the bitcoin for the high time now. 
Topic: Bitcoin eventually disappear... - page 18. (Read 4280 times)
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?
It's partial true but partial wrong as well. Don't think about the bitcoin as whole entity but you can divide it surely into different units to which we call as satoshi, bits, etc. Which means in the alter time even if we are left with say 100 bitcoins then at that time the demand and supply math will lead to price of per bitcoin upto 100K USD which means we will have to use it in the smaller units just like we use the fiat currency.
So it won't get disappeared completely but it will be used in unti forms which will Cary same value as today.
the bitcoin price depends on the market demand, if market demand is high and bitcoin availability is limited the price will continue to rise more expensive, but if the market does not need bitcoin the price of the bitcoin may drop, but I think that is unlikely. bitcoin prices remain more expensive.
I agree with you, because the bitcoin is still dependent on the world market and its enthusiasts as well, if for example bitcoin does not depend on the second it is most likely now bitcoin no longer cost ..
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?
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?
Yes what you said about some people losing bitcoin is true, and that the amount of bitcoin will definitely decrease and that there are only limited supplies of bitcoin out there. But I think you are forgetting something, that if people are demanding for bitcoin and there are a decrease of bitcoin, let say every year, then that would just make the price of bitcoin go up even more, and I don't have a problem with than. Still, bitcoin will remain on top and will continue to increase in value.
it could happen if the circulation of Bitcoin is really small that’s because the supply is small, as time goes on the amount of bitcoin one by one rotating in the circulation will be reduced by itself and only a few pieces will be left. but I'm sure there will be a soft fork from that small amount of Bitcoin.
For people are hold their bitcoin so that its price will rise. Because people wants to have or earn bitcion but there is only limited bitcoins to be mined or earned it will comes in the law of supply and demand. They will release their bitcoin when the exact high price reach as they want and they expected.
the bitcoin price depends on the market demand, if market demand is high and bitcoin availability is limited the price will continue to rise more expensive, but if the market does not need bitcoin the price of the bitcoin may drop, but I think that is unlikely. bitcoin prices remain more expensive.
Believe me, nothing lasts in this world, everything will disappear including bitcoin, I'm sure there will be hackers who mess up bitcoin or someday there is better coin than bitcoin so everyone leaves bitcoin and finally bitcoin disappear.
Why will you say you are sure of something that is likely not possible? I am still trying to get your perspective though, since you said everything will disappear and not just bitcoin. Sure, they always say nothing lasts forever, but the stakes presently are high and we cannot be so sure yet.Moreover, the instances the OP mentioned will not make bitcoindisappear, we will only end up making do with what we have at the long run and at the value as at then. Those that are lost will not be so different than having something and holding it in my wallet without spending. Will that stop the ones already on ground from being spent?
it could happen if the circulation of Bitcoin is really small that’s because the supply is small, as time goes on the amount of bitcoin one by one rotating in the circulation will be reduced by itself and only a few pieces will be left. but I'm sure there will be a soft fork from that small amount of Bitcoin.
I think if the holders of Bitcoin carelessly losing their coins 1 by 1 then Bitcoin will meet its end because I doubt Bitcoin will succeed to be the exchange rate when the supply in the circulation is only in a small amount. Bitcoin will be abandoned by its users due to its limitations.
The amount indeed will be less but will everyone be just carelessly losing a very valuable thing? if the amount of money in circulation is reduced but that is not a threat for Bitcoin, Bitcoin's value will be even more valuable than ever because of the fewer supplies while the market demand increasing .
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?
People investing in bitcoins do so with a view to earning money, so that their price will continue to grow and there is no reason for fear of disappearing. 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?
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?
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 believe that as long as there is still users left for bitcoin, it will not disappear. And although human error is inevitable, and the lost will just be catch by others and it goes on circles, this process is a common scenario in the bitcoin economy.
Bitcoin has existed from over 8 years now and has been the predominant cryptocurrency in terms of price and volume of trade. Definitely, due to human error there has already been loss of millions of Bitcoins already worth billions of dollars today and this count could only increase by your idea. Everyone in the world can't commit the same mistake and lose their Bitcoin wallets so there will still be Bitcoin as long as users are careful with handling their moneys/wallets.
My personal opinion is that as long as the crypto ecosystem does nothing to discuss or recognise the economical dangers of LNs and PoS systems there might be a real chance this whole experiment is doomed to fail. These developments will lead to a better legacy payments system, an ideal system for the western cabal to controle. Nothing revolutionairy in the slightests, leaving room for other ideas and concepts that may be easily able to replace current cryptocurrencies given the right incentives.
Thanks for reading
Thanks for reading
I do not think that bitcoin can disappear. Good specialists will constantly improve technology and correct mistakes if they are to ensure that bitcoin benefits everyone.
For the successful existence of bitcoin a little time to make adjustments to the program. Bitcoin pretends to be the future currency in the world. I'm sure that many people do not like. Need to prepare for war for survival. Instead, we see constant war within the community. It jeopardizes all. Bitcoin support worldwide is strong. Currently bitcoin is equivalent to 4393.68 USD at the time of this reply. So it will stick for a while.
I think saying that also means that it will be disappearing soon, you use the word "stick for a while" so you are saying that Bitcoin will be gone soon and be forgotten but it will not. I think bitcoin will not be a real currency in the future but it will be more valuable than the gold in this world.
I do not think that bitcoin can disappear. Good specialists will constantly improve technology and correct mistakes if they are to ensure that bitcoin benefits everyone.
Believe me, nothing lasts in this world, everything will disappear including bitcoin, I'm sure there will be hackers who mess up bitcoin or someday there is better coin than bitcoin so everyone leaves bitcoin and finally bitcoin disappear.
I am not sure what kind of logic is that,what you mean by everything will disappear eventually and do you think all the hackers in the world are sleeping for the past several years waiting for the right moment . 
Lets start some realistic conversation which could benefit someone rather than creating all these hypothetical threads which makes no sense. 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?
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?
IF I'm going to ask, bitcoin will never be disappear especially for what is happening now, the demand was getting higher, and more investors are getting in here in this industry. Also more merchants now are adapting the concepts system of bitcoins.
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?
As far as i know, it is possible that bitcoin will disappear because it has only limited resources for about 21 million. I think if this bitcoin will be all mined by miners, there is a possibility that the bitcoin will be longer useful or its price will shrink. But thats only for my opinion. No one knows what will happen in the future. 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?
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