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Topic: one question tickling my mind - page 2. (Read 3693 times)

full member
Activity: 447
Merit: 108
May 12, 2018, 05:21:35 AM
The answer is absolutely yes because Bitcoin has never lost its validity even though your Bitcoin was kept since 2009 which happen to the that Bitcoin was introduced into the world it will still not lose validity.
jr. member
Activity: 196
Merit: 3
May 12, 2018, 04:53:32 AM
i have one question..

in 2011 bitcoins per 50,000 to 500,000 we spent for nothing, just pranking and stuff...

if one person kept 50,000 bitcoins in his account from 2011 up till now,

would the bitcoins still be valid for transactions?

Of course, that would still be valid until now. As long as it is bitcoin and bitcoin is valid, those are greatly valid transcations with high price. Just remember to keep your private keys until now and surely, you could still use it.
hero member
Activity: 1120
Merit: 507
May 12, 2018, 04:47:00 AM
I have a question?

Why people really hates Bitcoin ? Why did they bash Bitcoin? Did Bitcoin hurts them ? Or they just want to prove that Bitcoin is not that really helpful ?
Maybe they were late into investing into bitcoins and are very bitter about the whole thing and are trying to spoil it for everyone who is and might want to invest in the near future.
There could be many reasons for investors to give up on bitcoin. The most common one is impatience, some really want big returns in few days not even weeks and they usually end up selling off bitcoin. The second most common reason is some urgent need of money and then you have no other choice than selling it off. Lastly people panic in dips and sell bitcoin.
full member
Activity: 406
Merit: 100
CRYPTOBLADES Octoblades 10.10
May 11, 2018, 12:47:38 AM
As far as I know it still valid as long as you keep the private keys with you  and no one smashed it nor hacked it.. it can still be trade nor sell it or as long as you have it in your wallet and can access and do the selling you can still earn a profit if you sell it.
sr. member
Activity: 924
Merit: 265
May 11, 2018, 12:34:56 AM
bitcoin gained from 2011 has the same value on what the price for todays market. It has no expiration. That is also the thing that the others regret of because they think that if they bough bitcoin on that year they will earn much than the amount they bought.
sr. member
Activity: 532
Merit: 255
May 11, 2018, 12:27:25 AM
would the bitcoins still be valid for transactions?

Bitcoin old and new will have the same value, so far I know bitcoin does not have "Expiry Period" during circulation is still ongoing and can be used as a tool of transactions both for trading and investment.
jr. member
Activity: 280
Merit: 2
May 10, 2018, 11:55:05 PM
i have one question..

in 2011 bitcoins per 50,000 to 500,000 we spent for nothing, just pranking and stuff...

if one person kept 50,000 bitcoins in his account from 2011 up till now,

would the bitcoins still be valid for transactions?
Yes, i do not think bitcoin has validity period. So, if he can still access to his wallet then he can sell his coins or for whatsoever purpose it will be. But if he cannot access to his wallet, then his bitcoin will just sleep in there.
member
Activity: 208
Merit: 10
May 10, 2018, 11:23:21 PM
i have one question..

in 2011 bitcoins per 50,000 to 500,000 we spent for nothing, just pranking and stuff...

if one person kept 50,000 bitcoins in his account from 2011 up till now,

would the bitcoins still be valid for transactions?
There is no underlying rule that bitcoins would lose its validity as time goes by. Individuals who have stashed a lot of bitcoins from the beginning could have been sleeping under a bed full of money right now.
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
May 10, 2018, 11:14:00 PM
#99
i have one question..
in 2011 bitcoins per 50,000 to 500,000 we spent for nothing, just pranking and stuff...
if one person kept 50,000 bitcoins in his account from 2011 up till now,
would the bitcoins still be valid for transactions?

I have different opinion on this matter. I think if all Bitcoin holders at that time (2010) just hold without spent (using) it, Bitcoin could be useless. Present value is determined from the past action. Bitcoin reach $10k price along with its stories, such as pizza day, Cyprus banking crisis, and other countries with "trash" fiat value. You may argue with gold case when it mainly uses for store of value, BUT gold has a long history of being medium of exchange.
newbie
Activity: 50
Merit: 0
May 10, 2018, 10:53:04 PM
#98
"Hind sight is 20/20"

It's easy to look back and know what you would have done.

But what about today? In 5 years Bitcoin may be worth $10,000 each. Most of us will be saying "I should have bought hundreds of bitcoins when they were only $300 each. Some people will be saying "I did buy hundreds of bitcoins when they were $300 each, and now I'm rich!"

TT

Was just reading the thread, that we surpassed almost 20k just 2 1/2 years later is quite amusing and we still have the doubters today which question cryptocurrencies, if not for bitcoin then i can say for sure that we wont experience a world anymore where crypto looses its value and adaption.
jr. member
Activity: 118
Merit: 1
May 10, 2018, 06:14:07 PM
#97
i have one question..

in 2011 bitcoins per 50,000 to 500,000 we spent for nothing, just pranking and stuff...

if one person kept 50,000 bitcoins in his account from 2011 up till now,

would the bitcoins still be valid for transactions?
Any transaction that has a payment purpose or other obligation that must be met with money or other financial transactions
Before packing up, this is an era of progress,
Do not let us miss the train again, quickly explored regulation only, Do not anti-evidence, progress is undeniable, it is written
sr. member
Activity: 868
Merit: 266
May 10, 2018, 06:04:35 PM
#96
I have a question?

Why people really hates Bitcoin ? Why did they bash Bitcoin? Did Bitcoin hurts them ? Or they just want to prove that Bitcoin is not that really helpful ?
Maybe they were late into investing into bitcoins and are very bitter about the whole thing and are trying to spoil it for everyone who is and might want to invest in the near future.
full member
Activity: 650
Merit: 100
Financial aid for users: https://bit.ly/2SMY8gi
May 10, 2018, 05:36:06 PM
#95
i have one question..

in 2011 bitcoins per 50,000 to 500,000 we spent for nothing, just pranking and stuff...

if one person kept 50,000 bitcoins in his account from 2011 up till now,

would the bitcoins still be valid for transactions?
In my opinion bitcoin has no validation youbcan used it anytime for transaction or convert it to fiat currencies.Bitcoin were usually used for long term investments and even if you will hold it for how many years for as long as bitcoin were still profitable and value will bever come to zero then most probay it is still valid for  using as a mode of payments etc.
full member
Activity: 462
Merit: 100
May 10, 2018, 05:13:43 PM
#94
I have a question?

Why people really hates Bitcoin ? Why did they bash Bitcoin? Did Bitcoin hurts them ? Or they just want to prove that Bitcoin is not that really helpful ?
I think that a large number of people do not like bitcoin because they do not understand it and partly because they fear bitcoin will take up their job (bank ...). With the convenience and usefulness of the payment and finance sector, there is no reason not to use bitcoin in these areas to make financial management work much easier.
sr. member
Activity: 1400
Merit: 283
May 10, 2018, 12:58:16 PM
#93
i have one question..

in 2011 bitcoins per 50,000 to 500,000 we spent for nothing, just pranking and stuff...

if one person kept 50,000 bitcoins in his account from 2011 up till now,

would the bitcoins still be valid for transactions?
People back in 2011 didn't realize how much of a big thing bitcoin would become in 7 years, and honestly no one saw it coming, so they didn't really pay attention to details like wallet private keys or where to store it, so i am sure that are probably hidden amounts of bitcoin out there stored some place waiting for their owners to come back.
newbie
Activity: 140
Merit: 0
May 10, 2018, 12:38:05 PM
#92
I have a question?

Why people really hates Bitcoin ? Why did they bash Bitcoin? Did Bitcoin hurts them ? Or they just want to prove that Bitcoin is not that really helpful ?
member
Activity: 144
Merit: 10
Earn with impressio.io
May 07, 2018, 10:01:26 AM
#91

Well i can only imagine how rich is that guy by now if he really has that amount of bitcoins and store it up to a safe place. It doesn't mean that once you store you bitcoins, it will already lose its value and validity. The fact is that it is still usable and there is no expiration as long as he has the keys secured and has the coins as well. Imagine if it was really true then he would become a billionaire by now.
member
Activity: 686
Merit: 30
May 07, 2018, 09:45:56 AM
#90
hard to find someone who hold that big ammount and trust bitcoin will rise till now , but if that people really exist
the answer is defintly yes for me
full member
Activity: 1008
Merit: 101
May 07, 2018, 04:04:48 AM
#89
I have being looking for an opportunity to ask this question. What is wrong with our generation? People are very dishonest, other always take advantage of those they are better than,corruption,nepotism etc the list goes on and on .God help us to solve our problems .
Well it is our own fault if we will give them a chance to do bad with us then for sure they will do it so it is our own responsibility to be careful, so if you will keep your private key safe and sound with you then no one will be able to cheat with you, honest and dishonest people are all over us, just be careful then no worry whatever the situation is you will win and earn at the end.
member
Activity: 252
Merit: 12
May 06, 2018, 08:59:43 AM
#88
I have being looking for an opportunity to ask this question. What is wrong with our generation? People are very dishonest, other always take advantage of those they are better than,corruption,nepotism etc the list goes on and on .God help us to solve our problems .
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