Topic: one question tickling my mind - page 4. (Read 3608 times)
5-If the account holder has not died or has not become incapacitated; If you do not lose access to your purse, or information about its location, or not lost encryption passwords, Bitcoins will not disappear. And of course, if they are not stolen, which can also happen.
Yes, if the person, who was holding bitcoins from 2011 and still have access to them, he easily can transfer them, bitcoins still be valid for transactions. But I try to imagine, how could it change our "present" if everyone wouldn't "spent for nothing, just pranking and stuff...", and were just holding, or without such action, we wouldn't have such price, what we have now?
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?
Bitcoin has been created for many years and has experienced a lot of fluctuations in price levels, the number of people involved in virtual currency increasing, in which the development of the virtual currency day A more significant, more powerful, I think, will have nothing to fear in the future. 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?
this was posted on 2015 and pretty sure a lot have answered to this query. answers which are mostly of the same opinion. again, it’s a yes! there is no expiration for bitcoin.
You’d be damn rich to still have the 50,000 bitcoins in your account. There is no expiration no matter how long you hold them. What’s important is the private key.
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 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! there is no expiration. it is still valid no matter how long you have them, as long as you still have the private key.
Actually bitcoin will still be valid if you still have your account and keeping it safe. Private account must have in order for you to ensure the validity of your bitcoin for transaction.The concept of bitcoin account is actually the same with savings bank account for it will never deplete if you still have the records or your account. But always remember that the old bitcoin is not the same with the new bitcoin because of the different revision done by the people behind this campaign or business.
If a person will had that bitcoin till now he will very very lucky and he is one of the big millionaire in the world so I think bitcoin will not have any validity restrictions so it will be very possible to make a transaction with that .
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?
Or how many years to keep it the most important is to keep the private key well, the transaction will remain useless as long as there is bitcoin, excellent technology can keep all coins safe even though many people lose the private key and it will remain there until find the return wallet keys, people will be very rich to keep a lot of coins in 2011 up to now, sometimes I like to be in that position exactly the first time bitcoin appears. 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?
Actually bitcoin will still be valid if you still have your account and keeping it safe. Private account must have in order for you to ensure the validity of your bitcoin for transaction.The concept of bitcoin account is actually the same with savings bank account for it will never deplete if you still have the records or your account. But always remember that the old bitcoin is not the same with the new bitcoin because of the different revision done by the people behind this campaign or business.
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 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?
Absolutely Satoshi is a rich man if he is still around alive and kicking.
Otherwise the supply is technically less than 21 million unless someone in the long run breaks the priv keys.
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 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 they are always valid Bitcoins regardless of how long you hold them. Someone with 50,000 Bitcoins from years ago would be extremely wealthy right now. I'm sure there are a bunch of millionaires and even a few billionaires from Bitcoin investments. That's why so many of us have jumped on the bandwagon in the last few years. This is an enormous opportunity but the pioneers are the ones that struck it rich. The rest of us are just going to get a piece of the action.
as long as you have the private key.. you sure can still use it
BTC doesn't have an expiration date, if you have access to a wallet that contains BTC in 2009, it's the same thing as having access to a wallet in 2017
BTC doesn't have an expiration date, if you have access to a wallet that contains BTC in 2009, it's the same thing as having access to a wallet in 2017
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 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?
Absolutely Satoshi is a rich man if he is still around alive and kicking.
Otherwise the supply is technically less than 21 million unless someone in the long run breaks the priv keys.
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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 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 think its still valid until now as long as he can save his bitcoin into safe wallet and not spend for buying anything. the value of bitcoin he saved is increase especially in the value of the price bitcoin itself because when he bought bitcoin in 2011 and he got the price like let say $110, now he can make big profit if he decide to sell right now.
they don't lose their intrinsic value, just the value given by people in the world
so 50k bitcoin from 2011 are still 50k bitcoin today, if you were so good at holding them all
so 50k bitcoin from 2011 are still 50k bitcoin today, if you were so good at holding them all
Ok but if you flood the market with 50k or 500k bitcoins all at once, don't expect them all to sell for $1300/piece. You'll be lucky to keep $1000 as you're some kind of super-whale jumping into a swimming pool.
but the owners need to be contacted by any means possible. not to ask them but to inject them again in the bitcoin economy..
Bitcoin does NOT need to be used as a currency in order for it to maintain its value. Not many people on this forum seem to understand that. It's a commodity, like gold, and gold is no longer used as a currency.
Of course it will be valid. The thing is you must be careful, and store that amount cautiously. Thats the reason itself why investing in bitcoin is one of the best way. You can access it and make it in use as you like.
But that amount is so big that you must be careful in scammers and in your private keys. If they snip that you have that amount or you have an online account and they notice that you're holding such amount. There will be people that will try to take it from you. And I think being Extra carefulness will be necessary.
But that amount is so big that you must be careful in scammers and in your private keys. If they snip that you have that amount or you have an online account and they notice that you're holding such amount. There will be people that will try to take it from you. And I think being Extra carefulness will be necessary.
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?
Certainly yes! bitcoin has no expiration in terms of making transaction even it takes year as long as you the password or the private key, because anytime you can retrieve it at once. And whats what the purpose of the blockchain anyway. 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?
50k bitcoin wallet remains at 50k. unchanged, although the high price of bitcoin will rise, and in blockchain chains also have been stored with the number of 50k. I was reminded of someone who has purchased 5000 bitcoin with price 24 $, and is now at a price of $ 1,000 , he had 5k bitcoin.
all must be something to think about for the future and how you can lead a business that has been built from a small, not only that there must be a question of the people who need to be answered, and maybe we have to think of what to say to everyone tetnga who have questioned the
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