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Author Topic: Can bitcoin quantity go down?  (Read 5426 times)
anasis
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October 25, 2016, 08:05:31 PM
 #81

I have some bitcoins in an exchange and I found today that, without any transactions being made, the quantity has gone down.

I have contacted the exchange who have said:

Quote
the balance varies according to the prices that are floating

Is this correct? In my view the quantity of bitcoins I have should not fluctuate, only the value of said coins. Or am I missing something?

Any explanations would be great!

Lol another retard with a new account making a post just to get shitloads of responses. Did your mom pick you up after dropping you on the head only to drop you once more. What you saying doesnt even make sense. Please dont be stupid. There is no answer to what you have said because you being an idiot. Good day.
Fraud on the purses can become a mass phenomenon, if not find a justice on those who have access to user data. This is simply unacceptable.
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October 25, 2016, 08:21:36 PM
 #82

I have some bitcoins in an exchange and I found today that, without any transactions being made, the quantity has gone down.

I have contacted the exchange who have said:

Quote
the balance varies according to the prices that are floating

Is this correct? In my view the quantity of bitcoins I have should not fluctuate, only the value of said coins. Or am I missing something?

Any explanations would be great!

I think you are reffering to the value of your btc alongside the value IN btc of your altcoins. thats why its flactuating
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October 26, 2016, 03:52:20 PM
 #83

The quantity of Bitcoin that is available on the network will never go down or up, regardless of what is actively accessible to users. "Burned" Bitcoin is not destroyed, and merely is put in some address that no-one yet has the key to. Given enough time, someone would end up rolling that private key.
That is a mistake the quantity of bitcoin cannot go down but it goes up every day with the bitcoins that are mines, the only moment when the amount of bitcoins will no longer go up is when all the 21 million bitcoins have been mined.
kidoseagle0312
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October 27, 2016, 03:09:47 AM
 #84

you can see the list of exchanges and all the coins they have listen on them here: https://coinmarketcap.com/exchanges
it is sorted based on popularity (daily volume)

p.s. you should never keep anything on exchanges. they can shut down and run away at any moment.

Indeed, I agreed with you that we shouldn't keep anything on exchange. And it is true that anytime ant exchange can be shutdown at any moment and we must be careful and aware of that things. But you can trade in any exchange to grow your coins in there.
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October 27, 2016, 12:49:55 PM
 #85

you can see the list of exchanges and all the coins they have listen on them here: https://coinmarketcap.com/exchanges
it is sorted based on popularity (daily volume)

p.s. you should never keep anything on exchanges. they can shut down and run away at any moment.

Indeed, I agreed with you that we shouldn't keep anything on exchange. And it is true that anytime ant exchange can be shutdown at any moment and we must be careful and aware of that things. But you can trade in any exchange to grow your coins in there.


For me, i am confident that bitcoin wont be down because many of us here were vey positive and always believe that we can work this together as part of signature campaign i always make sure to it that more information delivered to our friends regarding the advantages of bitcoin and nothing could stop the rise of BTC.

skierchewing
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October 27, 2016, 12:52:04 PM
 #86

There's 21 millions of Bitcoin and not any less or more. That's as simple as this, so no, it can't fluctuate.
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October 27, 2016, 05:46:08 PM
 #87

There's 21 millions of Bitcoin and not any less or more. That's as simple as this, so no, it can't fluctuate.
This is the second time that I have seen the same mistake on this thread, there’s is cap of 21 million coins but those 21 million coins have not been mined yet, only when all coins have been mined is when the number of coins will not fluctuate.
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October 29, 2016, 10:33:37 PM
 #88

There's 21 millions of Bitcoin and not any less or more. That's as simple as this, so no, it can't fluctuate.
This is the second time that I have seen the same mistake on this thread, there’s is cap of 21 million coins but those 21 million coins have not been mined yet, only when all coins have been mined is when the number of coins will not fluctuate.
Get the total number of bitcoin does not mean anything. According to forecasts, bitcoin in the bank still will not be 21 million, because a large percentage of the loss will be. But even this moment will bring rapid growth of prices for bitcoin in the future.
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October 29, 2016, 11:12:48 PM
 #89

Can the total number of minable bitcoins be less than 21M? No. Will there be less than 21M in circulation? You betcha. There are other coins that give rewards for burning bitcoins and people have lost a ton of bitcoins in the past.
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October 30, 2016, 12:14:21 AM
 #90

If you have bitcoins and are not making transactions, then the number of bitcoins shouldn't change. However, if they are showing the account value in US dollars, then that will vary because the price of bitcoin in US dollars is constantly changing.

 
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October 30, 2016, 12:25:59 AM
 #91

Firstly, you're a new user, you shouldn't really have bought/got bitcoins before researching them.

Also, the amount of Bitcoins cannot technically decrease, they always increase.
The current rate they they increase is approximately 12.5BTC/10 minutes.

They could technically decrease in volume if bitcoins were somehow "lost" (however, they could technically be recovered somehow as there is usually some sort of trace left). And this last one wouldn't currently happen at the rate of inflation of Bitcoin unless a companie started trying to delete their rewards for the blocks that they mine.
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October 30, 2016, 03:36:32 AM
 #92

you can see the list of exchanges and all the coins they have listen on them here: https://coinmarketcap.com/exchanges
it is sorted based on popularity (daily volume)

p.s. you should never keep anything on exchanges. they can shut down and run away at any moment.

Indeed, I agreed with you that we shouldn't keep anything on exchange. And it is true that anytime ant exchange can be shutdown at any moment and we must be careful and aware of that things. But you can trade in any exchange to grow your coins in there.
The amount of 21 million bitcoin is final. So the amount will not goes up or goes down. But in other case the amount of bitcoin that use able can go down. I mean if someone forget their password of bitcoin wallet, and their bitcoin wilk stuck in that wallet forever.

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salemon
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October 30, 2016, 06:23:46 AM
 #93

Firstly, you're a new user, you shouldn't really have bought/got bitcoins before researching them.

Also, the amount of Bitcoins cannot technically decrease, they always increase.
The current rate they they increase is approximately 12.5BTC/10 minutes.

They could technically decrease in volume if bitcoins were somehow "lost" (however, they could technically be recovered somehow as there is usually some sort of trace left). And this last one wouldn't currently happen at the rate of inflation of Bitcoin unless a companie started trying to delete their rewards for the blocks that they mine.
Optimistic forecasts confirmed what the facts really pleasing to the user. Good pace on the bitcoin price increases should lead to an increase in demand for bitcoin. This means that the popularity of its differences.
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October 30, 2016, 07:01:31 AM
 #94

There's 21 millions of Bitcoin and not any less or more. That's as simple as this, so no, it can't fluctuate.
yes that is a fact, the number of bitcoin is increasing by the minors but not decreasing, only the value of bitcoin can fluctuate and not the number of bitcoin.
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October 30, 2016, 08:32:30 AM
 #95

you can see the list of exchanges and all the coins they have listen on them here: https://coinmarketcap.com/exchanges
it is sorted based on popularity (daily volume)

p.s. you should never keep anything on exchanges. they can shut down and run away at any moment.

Indeed, I agreed with you that we shouldn't keep anything on exchange. And it is true that anytime ant exchange can be shutdown at any moment and we must be careful and aware of that things. But you can trade in any exchange to grow your coins in there.
The amount of 21 million bitcoin is final. So the amount will not goes up or goes down. But in other case the amount of bitcoin that use able can go down. I mean if someone forget their password of bitcoin wallet, and their bitcoin wilk stuck in that wallet forever.
A lot of talk about the financial pyramid against bitcoin. Although judging from the ability to store their coins in a safe purses, it is only if the administration itself all exchanges that provide services, must be involved in this scam. But this is impossible. So bitcoin stable growth will continue until the last coin will be produced.
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October 30, 2016, 09:44:51 AM
 #96

There's 21 millions of Bitcoin and not any less or more. That's as simple as this, so no, it can't fluctuate.
yes that is a fact, the number of bitcoin is increasing by the minors but not decreasing, only the value of bitcoin can fluctuate and not the number of bitcoin.
Original amount of bitcoin nobody ever will produce, because a certain amount will still be lost and will not be available to the user. Such analyzes give predictions experts. But because of this price will not fluctuate.
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October 30, 2016, 10:25:19 AM
 #97

I have some bitcoins in an exchange and I found today that, without any transactions being made, the quantity has gone down.

I have contacted the exchange who have said:

Quote
the balance varies according to the prices that are floating

Is this correct? In my view the quantity of bitcoins I have should not fluctuate, only the value of said coins. Or am I missing something?

Any explanations would be great!

If you have deposited in USD or any other currency but not in BTC then it looks reasonable that you balance in BTC is fluctuating. But if your balance was in BTC from the beginning then there should be no fluctuations, 1 BTC is always 1 BTC.

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October 30, 2016, 04:28:27 PM
 #98

I have some bitcoins in an exchange and I found today that, without any transactions being made, the quantity has gone down.

I have contacted the exchange who have said:

Quote
the balance varies according to the prices that are floating

Is this correct? In my view the quantity of bitcoins I have should not fluctuate, only the value of said coins. Or am I missing something?

Any explanations would be great!

I think you are reffering to the value of your btc alongside the value IN btc of your altcoins. thats why its flactuating
I see that too. Bitcoin and altcoin price can only fluctuate due to the forces of market demand and supply but not the quanty you have. For sure, if bitcoin is not in mr A's Wallet then in must have been sent to Mr B's Wallet. Bitcoin quantity cannot go down.
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October 30, 2016, 04:50:26 PM
 #99

I have some bitcoins in an exchange and I found today that, without any transactions being made, the quantity has gone down.

I have contacted the exchange who have said:

Quote
the balance varies according to the prices that are floating

Is this correct? In my view the quantity of bitcoins I have should not fluctuate, only the value of said coins. Or am I missing something?

Any explanations would be great!

I think you are reffering to the value of your btc alongside the value IN btc of your altcoins. thats why its flactuating
I see that too. Bitcoin and altcoin price can only fluctuate due to the forces of market demand and supply but not the quanty you have. For sure, if bitcoin is not in mr A's Wallet then in must have been sent to Mr B's Wallet. Bitcoin quantity cannot go down.
Yeah right everything is base on demand and supply not a quantity.. like blackhalving happens when our supply are reduce by half and now we have 12.5 btc rewards for every block that is why we are experiece of price increase

Decided to end it with zer0 profit.
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October 30, 2016, 05:13:54 PM
 #100

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