I just got this question in my mind. What will happen if no one knows about the pasword of his/her acount will it posibly deduct to the main supply of bitcoin? Example bitcoin was 21million supply and one man got 1 million bitcoin he was holding and suddenly he died no one can open his wallet is it posible that the remaining 20 million bitcoin forever?
I think yes,it will surely deduct to its supply.Those bitcoins will be in stagnant and can be considered lost and may even affect the value of bitcoin.If the supply of bitcoin decrease then technically its value will increase IMO.
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#Proof of ownership Username telegram: @cryptolife777 Username twitter: @laurenc54886538 Link to profile twitter: LinkUsername Facebook: Laurence amistoso Link to Profile Facebook: Link
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https://bitcointalk.org/index.php?action=profile;u=1789871The billionaire venture capitalist is doubling down on BTC, likening the digital coin to gold’s online equal.
Thiel touts the No. 1 cryptocurrency for its size and its ability to compete with gold as a safe haven, saying at the Economic Club of New York:
“I would be long bitcoin, and neutral to skeptical of just about everything else at this point with a few possible exceptions. There will be one online equivalent to gold, and the one you’d bet on would be the biggest,” said Thiel.
But with the exception of a few digital coins, Thiel remains neutral on the rest of the cryptocurrency pack. He didn’t dismiss the possibility that bitcoin could be surpassed by Ethereum or other altcoins that prey on the leading cryptocurrency’s weaknesses, but bitcoin’s strength is in its size.
Bitcoin controls more than 40% of cryptocurrency market cap compared to almost one-fifth for Ethereum, as per Coin Market Cap data cited in CNBC.
Thread: https://bitcointalk.org/index.php?topic=3163269.0Original: https://www.ccn.com/peter-thiel-touts-bitcoin-as-digital-gold/https://archive.fo/5CFTRAlso check his/her profile. Thankss
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newbies are not happen to do this copy paste thing.
it's almost invariably a Newbie to Member-level member who's doing it. I don't think I've ever seen someone with a higher rank trying to pass off stolen content as their own. I'm not saying that doesn't happen, because it does, but it's usually the noobs who are trying desperately to rank up their accounts and to get paid from some of the shittier campaigns who are the most common perpetrators of this plagiarism. And when they get busted, they just create a new account and try again. It amazes me that these illiterate fools think they're just going to plagiarize stuff and get away with it, that no one will notice. It also amazes me that people do notice, given how many users there are on bitcointalk and how many posts there are. I'm happy that some people have very sharp eyes. Yes mostly of them are from newbies to member in rank.They get banned right away but when a higher member done plagiarism they didn't recieve any penalties,so what does it mean? do ban hammer can only be applied to lower rank? ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) Like this accounts https://bitcointalk.org/index.php?topic=2855895.msg30747693#msg30747693https://bitcointalk.org/index.php?topic=2855895.msg30964947#msg30964947
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https://bitcointalk.org/index.php?action=profile;u=1679264Some criminals use bitcoin because users can open a wallet to send and receive bitcoin without giving a name or identity. There is no bank or central authority, like a government, to control this information. Bitcoin also became a popular method for making payments when a computer system is taken over by ransomware. Researchers have also linked a quarter of bitcoin users with crime, such as hacks, money laundering and the trading of drugs and illegal pornography. Worryingly for investors, they believe that the sheer popularity of the cryptocurrency amongst criminals is a major contributor to its value. However, they also believe that bitcoin could become less useful and less valuable if criminals turn away from it.
copied here : here and here https://archive.fo/JpvoKedit: most of his post are copied from other sites. thanks
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I make this threads to prevents lotsof poster on limit post count in a day and not for merits to personal intentions needs,I am not perfectly persons to speak on english but i deserved to know and notice by other what should i concern.
Oh how lovely. And i have sentences on first that excuse on -Correctly if i am wrong-
Correctly, you are wrong lol
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Is this user already banned? By 2015, the home of someone suspected of being a bitcoin creator of Australian federal police. The house is occupied by an Australian businessman named Craig Steven Wright, whose name suddenly rose after Wired and Gizmodo reported. the two media mentioned Wright is Satoshi Nakamoto's real identity, the name of the bitcoin creator.
Nakamoto's original identity was previously very mysterious since the first bitcoin was released in 2009.but along with the rising value of bitcoin currency, the curiosity of many parties about the original identity of the creator continues to increase
https://bitcointalk.org/index.php?action=profile;u=1811217copied here : http://www.updetails.com/2017/12/great-mystery-not-revealed-who-is.html?m=1https://archive.fo/aTU7q
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I don't think this is a coincidence "Who is the real Satoshi Nakamoto figure?".
Satoshi Nakamoto is the creator of Bitcoin. But the name is just a pseudonym. Since the beginning of Bitcoin's up until now, no one has ever managed to reveal the true identity of Satoshi.
copied here https://archive.fo/w4RQH
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https://bitcointalk.org/index.php?action=profile;u=1292429Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administratorThe blockchain is a public ledger that records bitcoin transactions. A novel solution accomplishes this without any trusted central authority
copied from here and here https://archive.fo/U8CWAI will gladly delete this if its already been spotted. Thank you
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Hi I was wondering if selling when you think a dip is coming and buying back in at a lower price? I know it seems obvious to do such a thing if it increases your position in a coin but I've been told this is a risky strategy that requires timing the top and the bottom
I'm one out of million people who are holding bitcoin,it really hard to make a plan on how to make big profits specially if someone is still new to crypto(like myself).But most of the people say that buy when low and sell when high,which is hard to make a timing on it.I already lost some of my profit when its price dump to 9k,i hold it when its at 12k of price but i still holding it hoping that it will strike back. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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People tends to see proofs before believing into something that they're not familiar with,i think it is a one reason why your friend don't believe in you.Another thing is nowadays many platform are keep popping and some of them are scam,there might be a possibility that your friend is afraid of losing some money that's why he/she don't want to be part of bitcoin economy.
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Bitcoin was well created and I don't believe there is a way to destroy it. The creators will prevent this to happen
Does it mean that satoshi nakamoto is still out there watching whats happening in his/her great project?
IMO,there's no other thing or people that can destroy bitcoin but its user only.If bitcoin will be abandoned by all of its users then it might disappear,or maybe it still be there but non valuable.
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I am amazed that nobody is crawlling now for bitcoin People are again back to their fiat world
I thought that this thread is compose of well made statement of its op,your title is kind of a harsh also. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Why would they crawl anyway? if an individual enter crypto world he/she must know of its negative outcome.People must be oriented and must know the possibility of losing profit to cryptocurrencies because they are volatile.If people didn't done what you are expecting then thats just show that those people are well aware.
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I think cryptocurrencies exchange platforms should be regulated and ico projects should also be regulated as this is the major area people are using to scam people. Investment is good if you are sure your fund is going to get back to you but many people has lose money through bitcoin and there is no one or regulation authorities to report to. Bitcoin has one of the best technology and blockchain technology cannot be regulated and in reality its should not be regulated.
Yes this is true that's why the governments afraid of cryptocurrencies although it is not the main reason why they should fret.It is the services and other platforms that is scamming the people.They should be regulated not bitcoin and its technology.Bitcoins image is being negged by those people,governments should reconsider the regulations on crypto currencies.
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IMO,i think an advantage may be occured if this will happen,although the main factor is quite a good news for the people within the philippines.One of its good advantage is if a foreigner (bitcoiner)will visit philippines,it makes them easy to pay as the country already accepting it,but the disadvantage is the possibility that the government would inplement regulations to bitcoin users.Although its a great news than being banned.Props for philippines.
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Just an addition to my collection https://bitcointalk.org/index.php?action=profile;u=1568370If you’re a fan of cryptocurrency and your country has banned crypto, you should move to Liberland, the land that recently adapted crypto as their official national currency. The Land was founded on April 13, 2015, by a Croatian economist and entrepreneur Vid Jedlicka, It lays on a 7 square kilometers radius and it borders between Serbia and Croatia. Liberland is right now accepting applications for citizenship and those wishing to end up as citizens have to stand by the rules and directions. Half a million individuals from over the world, including more than 20,000 American citizens and around 7,000 from the United Kingdom have as of now applied for citizenship for this Eastern European nation. copied here : https://www.google.com.ph/amp/s/ebitnews.com/analysis/liberland-crypto-land/amp/https://archive.fo/62vJW
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![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) How funny that out of million people here i'm the one that being tortured,thank you for wasting your precious time,oh dear moderator ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) . You haven't act when other member abuse the system like this one account1 and account2 ,it's pretty obvious that you mods are bias to other member. shameful
Pitiful for other members that are new to this ever bias community. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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