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Author Topic: What happens if we die?  (Read 5542 times)
norachuks
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June 18, 2018, 12:11:48 PM
 #261

It is very important to teach someone close to us to know about it maybe your husband , wife or child everything must not be secret to your family. Even if bitcoin will die the truth is some will die before then so it is very important to teach.

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June 18, 2018, 12:16:10 PM
 #262

Well if you a bitcoin holder and accidentally die.. your Crypto also dies. Unless your family have your keys and knows what Crypto currencies means.
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June 18, 2018, 12:28:16 PM
 #263

Well if you a bitcoin holder and accidentally die.. your Crypto also dies. Unless your family have your keys and knows what Crypto currencies means.

Agree all our investment will be gone once we die accidentally so it is very important that we inform atleast one of our family member that can access all the importants files we have. We can also save our files and video tutorial  in flash drive of a hard copy so they can easily access.
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June 18, 2018, 02:39:21 PM
 #264

Well if you a bitcoin holder and accidentally die.. your Crypto also dies. Unless your family have your keys and knows what Crypto currencies means.

so it is better to give the information about our coins to other members or at least someone that we trust so they can continue to use what we've done and they can have a better life. I don't want my coins will not worth to them because what I do is for them too and I will give something to their life. and now, I already told my parents and my brother and my sister what I am doing in the cryptocurrency so they know that I don't use that money for myself but for them too.

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June 19, 2018, 01:50:37 AM
 #265

the first thing I have to do is make a will that contains the code that is not too complicated and the testament is only for the nearest person.
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June 19, 2018, 01:54:53 AM
 #266

To be honest, if you are having a legal document or any document which is trusted by your family members behind you then you can always distribute your crypto funds among your family members along with the credentials of using it. It is true that we have lost a huge number of Bitcoins so far and hence as a user we should make some provision for the treatment of our crypto wealth after our death.
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June 19, 2018, 02:00:50 AM
 #267

There should have a program for that instances so that everything will not come to an end in just a twinkling of an eye everything gone. It should be very nice if there will have a project for this, seems impossible and I think so impossible for once lose it will forever lose.
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June 19, 2018, 02:11:47 AM
 #268

if we die at some point then all we have is also dead, for this problem we anticipate it better to choose someone who can be trusted to continue what we have now then all your own wealth will continue until your own children grandchildren . But if you keep it a secret, we think it's a free choice for you to decide.
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June 19, 2018, 02:38:19 AM
 #269

I don't even believe right now that there are 18m Bitcoins that are in people's controls. They estimate around 4 million is lost already, and by the time majority of the mining gets done that number could increase to 5 million. That is why I like to use 16m total as a baseline for where we will end up, and I think the price should reflect the supply at least when it is all said and done.

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June 19, 2018, 02:55:18 AM
 #270

Everyone does not know when he will experience the last road, death is never cared if you are healthy or not. You can face death without you knowing when it happened to you. For bitcoin members keep trying to do something to face death and to be careful about bitcoin purses, some people have more bitcoin in their wallets but he speaks first to talk to his family about his bitcoin. give your family some data about your bitcoin to take care of something you do not want in yourself.
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June 19, 2018, 12:40:32 PM
 #271

Nope, this is no existential question (although...). Everybody's talking about "When will Bitcoin die", but what if you die, and your family don't find your key, or don't understand it, or think it's only a useless sheet of paper with some code on it, or simply throw it away... Does this mean the currency's gone forever?

I find the possibility of this event rather realistic (yup I don't believe in eternal life), so that means that someday there might be 21M BTC but only 18M (and counting down...) is left in the market?
Very well said. It has high possibility that it will happen in the future. So in order to avoid it happening, we need to teach someone we can trust about our bitcoin savings. Tell them how will it works, what will they do and give them knowledge about cryptocurrency. So that if unexpected happen to me there is a person knows my private key and password.
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June 19, 2018, 12:58:35 PM
 #272

indeed death does not know when it will come to see us And that's for sure. if I die I will give all the assets I have for my family. especially in part for me to give to the needy .
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June 19, 2018, 01:00:19 PM
 #273

nothing, the rest will live as before
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June 20, 2018, 06:16:18 AM
 #274

Well all that can happen to our lives and the number of coins will continue to fall if no one knows our key wallet, with that from now on let's introduce to family, friends and people around us what is Bitcoin, if one day we die Coins that we Collect will benefit the people around us and not wasted because we never share, remember sharing is beautiful.Even several bitcoin have been lost by people who are still alive but misplaced their wallet security. I just read about a wallet with 103 bitcoin whose owner can't access due to missing private keys. Your coins will forever be archived by your wallet.
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June 20, 2018, 06:24:42 AM
 #275

If we die all the properties we have will be divided among our family member. But there will be no one else be benefited on our accounts in cryptos, otherwise theres one family members know all about our accounts and passwords to access on our accounts.


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June 20, 2018, 06:52:32 AM
 #276

When I die, before that happens I will teach my children to manage my bitcoin. And I've done that to the right to continue my bitcoin that has been running.

That's very bright idea, to teach our children about in bitcoin cause we don't know what happen tomorrow to our life, so we need to be prepared teaching them is not bad cause we know our investment in bitcoin it will continue. And I think our children thanks to us cause they know how manage an account in bitcoin for there future become successful.

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June 20, 2018, 07:51:46 AM
 #277

A good observation there, thats why is good to carry one or two of our immediate family along in cryptocurrencies matter will involve. and more people are be angry because of that but when this is not a true more people happy and also me.
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June 20, 2018, 08:51:12 AM
 #278

Well, it's better to tell any trusted person in your family about your private keys because it's impossible to retrieve back the lost amount if you are die.
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June 20, 2018, 11:59:17 AM
 #279

if I think personally if it happens to us and things we do not want at least we can trust one of our students to become heirs and understand the technology and also provide direction about crypto and teach it so that our assets can go down to the bottom .
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June 20, 2018, 12:03:40 PM
 #280

They are gone. Pushing up the price ultimately of all other BTC's remaining.

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