Miss Bitcoin - page 6. | Bitcointalksearch.org

LuckyNicky

member

Activity: 252

Merit: 10

Quote from: LTU_btc on January 09, 2018, 10:46:13 AM

Quote from: RawDog on January 03, 2018, 07:55:53 AM

Dude - wtf??~

This is Miss Bitcoin...

LOL, my thought was very similar when I saw title of thread Cheesy

That girl claims to be Miss Bitcoin:
https://twitter.com/missbitcoin_mai

Wow! Such a cute girls )) If a had a chance to share with them my bitcoins Cheesy

cryptotricks

newbie

Activity: 70

Merit: 0

That will stay lost forever. It's just like burying your fiat money on ground and its not coming back. There is this guy who must be the biggest loser of this kind who threw $127 million dollars into trash and that goes to waste management site and goes forever..

etron

member

Activity: 182

Merit: 10

Quote from: fabiofem on January 02, 2018, 10:45:29 AM

What happens if someone loses their bitcoin? Let's imagine that I buy 10,000,000 bitcoin for example. Does the system need to re-create those money?

losing some bitcoin will make a sad person disappointed and regret coming because it is impossible to return if there is a machine that can return it is great, but it is not possible. if with this situation there will be no one who wants to invest again.

Whibu

jr. member

Activity: 186

Merit: 3

If we lose a lot of bitcoin and see the current price, lifelong regrets must always overshadow the journey of his life.

Pasadoble

jr. member

Activity: 336

Merit: 7

Quote from: fabiofem on January 02, 2018, 10:45:29 AM

What happens if someone loses their bitcoin? Let's imagine that I buy 10,000,000 bitcoin for example. Does the system need to re-create those money?

Not it will not be re-created, this is for sure.

sabine80

member

Activity: 728

Merit: 14

When i understand the system right this bitcoins are lost for ever. It give no way to resume this coins. 21 Million is the max cap of bitcoin. Its never possible to make more bitcoins than this number. I read somewhere that at the moment already more than 3 Millions bitcoins are already lost for ever.

darkywis

full member

Activity: 308

Merit: 100

BIG AIRDROP: t.me/otppaychat

If that's the case then it will be lost forever and the circulating supply will decrease and the price vary after that.

jaggijagjit

member

Activity: 378

Merit: 10

If any one can lost his BITCOIN then he never got back his bitcoin again. These lost bitcoins never recovered or recreate.

LTU_btc

legendary

Activity: 3234

Merit: 1375

Slava Ukraini!

Quote from: RawDog on January 03, 2018, 07:55:53 AM

Dude - wtf??~

This is Miss Bitcoin...

LOL, my thought was very similar when I saw title of thread Cheesy

That girl claims to be Miss Bitcoin:
https://twitter.com/missbitcoin_mai

Ayaancool

full member

Activity: 308

Merit: 100

If you got loss in this kind of investment I don't think so you can recover from this huge loss. And then there is no need to recreate it but it may one of the couse to increase it demand in crypto market.

Buttercup123

full member

Activity: 455

Merit: 106

Bitcoin is limited, thus cannot be recreated therefore if one buy a huge amount and he died without anyone knowing his account details and password, the bitcoin total amount of bitcoin in the market will be lessen. The price will then increase because the btc network just follows the law of supply and demand. If there is a huge demand but less supply, then the price would be high as possible.

Clos Belmont ICO

newbie

Activity: 112

Merit: 0

If you loose them - you loose them forever, so everyone should be careful and keep them in secure place, in secure proofed wallet or even few wallets, and keep password very carefully

brokens

sr. member

Activity: 728

Merit: 251

Quote from: fabiofem on January 02, 2018, 10:45:29 AM

What happens if someone loses their bitcoin? Let's imagine that I buy 10,000,000 bitcoin for example. Does the system need to re-create those money?

maybe many people who are careless because about losing their bitcoin. this may all be caused because not to have full security on the wallet or they bank.

if the security in their wallet is very good then for losing bitcoin may be very thin.

mOgliE

legendary

Activity: 1344

Merit: 1251

Hi,

I think it depends on what you mean by "lose". If they lose access to their digital wallet.. then, the bitcoin on it are indeed lost. The system (and the blockchain) can allow to know where it is, but it shall remain stuck there.

Then, if you are talking about unreliable transactions with uncertain effects.. Then I am pretty sure that bitcoin cannot be lost. Stolen, maybe, but they cannot disappear!

VitKoyn

full member

Activity: 490

Merit: 106

Quote from: fabiofem on January 02, 2018, 10:45:29 AM

What happens if someone loses their bitcoin? Let's imagine that I buy 10,000,000 bitcoin for example. Does the system need to re-create those money?

If someone is careless to lose his Bitcoin without having any backup of his private key, it will be lost forever and no one can access it anymore (since private key is the only way to recover it). Anyway this is not a problem instead it will be the reason for Bitcoin price to increase because the circulating supply will be reduced while the demand are continuously increasing. Bitcoin cannot be re-created because Satoshi Nakamoto set a fixed supply for it, possible to create Bitcoin through hard forks but that is a different coin that works in a separate network like BCH.

kc999991

newbie

Activity: 224

Merit: 0

No the Bitcoin will be lost and no one will be able to get it back as it is decentralized. Seen a lot of cases where people threw their hard disks away with thousands of bitcoins stored in there. This is one of the common examples of bitcoin missing forever.

RawDog

legendary

Activity: 1596

Merit: 1026

Dude - wtf??~

This is Miss Bitcoin...

Janine012

newbie

Activity: 88

Merit: 0

NO. It cant revert it or retrace back anymore no matter how big it is. It is one of the block chain characteristics ,is that it is immutable. No one can change what has been transpired as there are million of blocks of transactions that need to be undone first. So keeping your wallet and private keys in tact is very important.

BabyBoss

full member

Activity: 462

Merit: 100

Quote from: fabiofem on January 02, 2018, 10:45:29 AM

What happens if someone loses their bitcoin? Let's imagine that I buy 10,000,000 bitcoin for example. Does the system need to re-create those money?

Bitcoin is decentralized coins but not like cash that even the government said recreate again then they will but bitcoin has circulating supply which is means no re creation because I believe that if they create again some supply there are big trouble where there are chance that satoshi nakamoto loss all of what he has done, maybe the possibilities is it can ruin the marketing platform of bitcoin. So, no need to re create if the total supply already sold then wait for the stable price of each btc.

skyland999

member

Activity: 213

Merit: 13

Wonderful World

Quote from: fabiofem on January 02, 2018, 10:45:29 AM

What happens if someone loses their bitcoin? Let's imagine that I buy 10,000,000 bitcoin for example. Does the system need to re-create those money?

the money will disappear will not come back, but the money will reappear with a higher value

Topic: Miss Bitcoin - page 6. (Read 745 times)