Pages:
Author

Topic: What happen to dissapeared bitcoin? - page 2. (Read 789 times)

legendary
Activity: 1680
Merit: 1205
September 09, 2017, 06:08:12 AM
#4
I just curious about statement "only 21 million BTC are able to exist in this world"

I got curious as well can you give the link from where you have see that statement?

Quote
Imagine that I save 200 bitcoin in my wallet, and there is no one,  even single person I taught about my asset.
When I die… what happen to that 200 BTC?

If you die and your Cellphone is to much personal and no one knows about you password or your into bitcoin. Well it will remain or some hacker may notified that the 200 bitcoin of yours never been move for so long than maybe, just maybe the hacker will go and grab it.

Quote
If its still there, aren't 20.999.800 left in the bitcoin circulation until the end of time?

Base on how I see and study this world of Cryptocurrency. Yes it will remain but who knows.

1) https://bitcoin.org/en/bitcoin-paper
2) nobody can "hack" bitcoin
3) the coins are still there. But they are not available for any porpouse because nobody have access to them

Your unknowing is astonishing
sr. member
Activity: 1036
Merit: 273
September 09, 2017, 06:03:24 AM
#3
I just curious about statement "only 21 million BTC are able to exist in this world"

I got curious as well can you give the link from where you have see that statement?

Quote
Imagine that I save 200 bitcoin in my wallet, and there is no one,  even single person I taught about my asset.
When I die… what happen to that 200 BTC?

If you die and your Cellphone is to much personal and no one knows about you password or your into bitcoin. Well it will remain or some hacker may notified that the 200 bitcoin of yours never been move for so long than maybe, just maybe the hacker will go and grab it.

Quote
If its still there, aren't 20.999.800 left in the bitcoin circulation until the end of time?

Base on how I see and study this world of Cryptocurrency. Yes it will remain but who knows.
legendary
Activity: 1680
Merit: 1205
September 09, 2017, 06:02:30 AM
#2
That's the difference beetween the "total supply and the "total available supply". A lot of keys are already supposed to be lost, including satoshi's ones
newbie
Activity: 69
Merit: 0
September 09, 2017, 05:21:38 AM
#1
I just curious about statement "only 21 million BTC are able to exist in this world"

Imagine that I save 200 bitcoin in my wallet, and there is no one,  even single person I taught about my asset.
When I die… what happen to that 200 BTC?

If its still there, aren't 20.999.800 left in the bitcoin circulation until the end of time?
Pages:
Jump to: