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Author Topic: Can bitcoin quantity go down?  (Read 5364 times)
virusasog
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October 30, 2016, 05:23:34 PM
 #101

If now there is a good growth trend bitcoin, I do not see any prerequisites for its fall. Especially future cryptocurrency foregone conclusion.


Yup price is continuously rising at the recent days. I guess when it reaches christmas or new year time. I am sure bitcoin price is around 800$ and more than that. However it is healthy for bitcoin and its growth.
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October 30, 2016, 06:53:44 PM
 #102

With the bitcoin price rising and it being hard  to mine i am sure that by the end of 2017 we will start seeing some interesting things about bitcoin
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October 30, 2016, 07:19:44 PM
 #103

With the bitcoin price rising and it being hard  to mine i am sure that by the end of 2017 we will start seeing some interesting things about bitcoin
After another fall on the stock exchange Bitfinex I have little confidence in the wallets, but bitcoin I was not disappointed. I believe in strong predictions about the great future of digital currency.


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October 30, 2016, 07:32:40 PM
 #104

I think OP is referring on his balance on some exchange site, but I don`t think someone can help him about it. He need to contact support, and if it`s possible to give some proofs of his words, that is hard I guess, but maybe there is somewhere written his last transactions, maybe he can make calculations and that to be a proof how much he had exactly in his balance.
OP I suggest you to warm up your chair and pull records from that site, calculate your deposits, your profit on trade and everything and you will see is your balance accurate or not, then contact support, I wish you good luck I hope you will solve your problem.

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seven2smoke
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October 30, 2016, 09:57:38 PM
 #105

Bitcoin has become the hardest crypto currency to mine and it will last that way for a while since its price is going up so fast, wich means its is gona require a lot of time and hardware to get wich will make the quantity of bitcoin on the internet smaller.
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October 31, 2016, 01:22:28 AM
 #106

I think what he is saying is that the dollar value of his bitcoin has gone down, not specifically his total bitcoin. That or his account might have been compromised and somebody took some bitcoins from his wallet. With all the hacking going around, we should all be vigilant and make conscious efforts to make our wallets as hard to hack as possible.
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October 31, 2016, 06:16:47 AM
 #107

This is not possible the only explanation would be this site is stealing from you.
Get it out from there and choose another one.
You will only lose some of your bitcoin whenever you transact or send money to another wallet with fees. Be careful and good luck.

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November 02, 2016, 03:07:48 AM
 #108

This is not possible the only explanation would be this site is stealing from you.
Get it out from there and choose another one.
You will only lose some of your bitcoin whenever you transact or send money to another wallet with fees. Be careful and good luck.
Yeah thats right, but if some one can take a litle amount of our bitcoin in wallet why he or she did not take all bitcoin amount that we have. In this case probably the web wallet charge a monthly cost. But I never find it in the wallet that I used.

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November 02, 2016, 07:41:00 AM
 #109

I think, you might have some Altcoin and you see the equivalent for bitcoin. If the value of that Altcoin goes down, yes! the bitcoin quantity also goes down. This is the probability of the answer (You've quoted) from the exchange you're using.
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November 02, 2016, 08:59:14 AM
 #110

No, the quantity cannot go down because that would mean our wallets being shrunk down. The price can, so can the popularity of it. Quantity will ONLY go up. If it stands still, we will know it's the end of Bitcoin.
I do not think even the popularity will go down because with the way bitcoin is been talked about and recommended by bitcoiners to their friends, it is very unlikely that it popularity will diminish I believe. Quantity of bitcoin will remain same but "controllable quality" may diminish over time due to lost private key or intended burning.
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November 07, 2016, 06:26:51 PM
 #111

Recent bitcoin losses were this summer, when a hacker broke into wallets. But it did not gave rise to a strong decline cryptocurrency prices. Therefore, bitcoin is very strong in their positions.
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November 07, 2016, 06:30:52 PM
Last edit: December 14, 2016, 03:42:23 PM by apriloni
 #112

i think bitcoin quantity go up and more people want to adopt the bitcoin in huge amount because bitcoin is very much secure, safe and useful currency nowadays and bitcoin is really rise up its price too much faster day by day and there is a lot of people adopting bitcoin in huge amount then holding their bitcoin for the future and they sure that bitcoin will be rise up in the near future and they can be get profit in good amount.
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November 07, 2016, 06:32:38 PM
 #113

The value of Bitcoin changes, so 1 day Bitcoin can value like 700 dollars, the next day it could be 600 dollars.  The amount of Bitcoin you have unless you are invested in something, will remain constant unless you have any transactions.  So no, the quantity cannot go down but the value can.
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November 07, 2016, 07:08:54 PM
 #114

The value of Bitcoin changes, so 1 day Bitcoin can value like 700 dollars, the next day it could be 600 dollars.  The amount of Bitcoin you have unless you are invested in something, will remain constant unless you have any transactions.  So no, the quantity cannot go down but the value can.
Stability in the form which is observed today is very good. The main thing that bitcoin has not spoiled its reputation.
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November 07, 2016, 07:45:52 PM
 #115

i think bitcoin quantity go up and more people want to adopt the bitcoin in huge amount because is very secure and useful currency nowadays and bitcoin is really rise up its price too much faster day by day.
The exact number of users can not be calculated, because if it is done only in the number of financial transactions carried out or the number of registered wallets, but since you can have several wallets is very difficult to calculate how much popular bitcoin.
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November 07, 2016, 08:07:27 PM
 #116

No, it's impossible. What happens is that people lose their money when they forget the wallet password, ID... So, they can't access their money and the BTCs are lost forever. But at some point, when the Bitcoin reach to 21 millions total, they will stop increasing the amount. So, there won't be mining anymore, and it will make the coin price increases a lot, at least it's that I hope for.

 
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November 07, 2016, 08:10:20 PM
 #117

No, the quantity cannot go down because that would mean our wallets being shrunk down. The price can, so can the popularity of it. Quantity will ONLY go up. If it stands still, we will know it's the end of Bitcoin.
I do not think even the popularity will go down because with the way bitcoin is been talked about and recommended by bitcoiners to their friends, it is very unlikely that it popularity will diminish I believe. Quantity of bitcoin will remain same but "controllable quality" may diminish over time due to lost private key or intended burning.
The amount will be really the same, but availability is not always real for a certain amount of bitcoin. The fact that to date, not all coins are mined, and it will take several more years. But still it is not replaced by any particular position, the main thing that it will affect the price of bitcoin and its price will rise in a few times at least.
aesma
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November 08, 2016, 06:05:14 AM
 #118

This thread should be closed, the OP has had his answer a long time ago : the exchange he was using was shit.
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November 09, 2016, 04:54:17 PM
 #119

How dumb question. When we have bitcoin already mined all who will be there to put back the bitcoin in its block again. There is no such possibility to reduce the quantity if mined bitcoin. Already 15.xxx million bitcoin is mined and these amount would always exist in bitcoin network let whatever happen to the network
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November 09, 2016, 04:54:36 PM
 #120

I wonder how the quantity of mined bitcoin ever go down. I think it's your imagination. Anyway bitcoin quantity is never going to get reduced rather day by day the quantity is keeping increasing and it will continue till all 21 million bitcoin is mined and in my view 21 million bitcoin will not be mined because award will go down its minner will give up mining
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