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btc_angela
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June 30, 2019, 05:46:54 AM |
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There will be a fixed number if Bitcoins, and people, because of human error, will accidentally lose Bitcoins every now and then.
This must mean that Bitcoin will eventually seize to exist? Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.
Is this correct?
we don't know whether bitcoin will continue to number 1 or it may disappear. just pray. because the coins that still survive and must always be there and the increase in bitcoin will always continue. What has prayers have to do with BTC remaining as the top dog of crypto market? So please, if you are looking for some higher powers here, it's wrong. The price is up to all of us, what price are you willing to sell? or buy? |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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umbara ardian
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June 30, 2019, 11:11:24 AM |
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we don't know whether bitcoin will continue to number 1 or it may disappear. just pray. because the coins that still survive and must always be there and the increase in bitcoin will always continue.
Some people new on cryptocurrency have unstable peforma on they mind, they can't predict what they do on they asset next. so, that noted they will pesimistis to be number 1 or dissapear on the future. we need strong hand here. |
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noormcs5
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June 30, 2019, 12:53:23 PM |
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I doubt it will disappear, Bitcoin is on its tenth year and we have a majority of responsible users who knows how to take care of their wallet, and newbies are not lacked tutorials on how to protect their coins and their private key, there are so many articles about it online and so many youtube videos as well.
right what you convey crypto or bitcoin currency is growing or missing it depends on the government and the investor itself so if the investor doesn't trade bitcoin again and the government forbids it hard maybe also b itcoin will disappear I am still so sure that crypto and bitcoin will last a long time. although sometimes the government prohibits the circulation of bitcoin in every country. but even though many governments disagree, there are still many people who have used it to date. Its strange to see that many people still believe that bitcoin is a bubble or temporary currency and it will fade away with time. This is not going to happen. Come back here in 10 years time and you will see bitcoin the main currency and fiat being eliminated or being very less used. |
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Tylev
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September 09, 2019, 05:42:26 AM |
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It seems to me that we should not worry about the disappearance of Bitcoin due to human errors. Of course, so that we do not, but human errors will still be, and the number of working bitcoins will inevitably decrease over time. However, these bitcoins do not disappear, they remain encrypted in the blockchain and there will always be an opportunity to decrypt them with the inevitable growth of technology. However, even if this does not happen, the very development of cryptocurrency also seems to us a way out of this situation and, most likely, cryptocurrency will be transformed into something more perfect.
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senin
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September 16, 2019, 05:16:00 PM |
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I doubt it will disappear, Bitcoin is on its tenth year and we have a majority of responsible users who knows how to take care of their wallet, and newbies are not lacked tutorials on how to protect their coins and their private key, there are so many articles about it online and so many youtube videos as well.
right what you convey crypto or bitcoin currency is growing or missing it depends on the government and the investor itself so if the investor doesn't trade bitcoin again and the government forbids it hard maybe also b itcoin will disappear I am still so sure that crypto and bitcoin will last a long time. although sometimes the government prohibits the circulation of bitcoin in every country. but even though many governments disagree, there are still many people who have used it to date. Its strange to see that many people still believe that bitcoin is a bubble or temporary currency and it will fade away with time. This is not going to happen. Come back here in 10 years time and you will see bitcoin the main currency and fiat being eliminated or being very less used. Well, they say that the big is seen in the distance. Cryptocurrency still existed too little to talk about the term of its use by humans. However, in its current form, cryptocurrency cannot exist for a long time, since it has a lot of shortcomings and unsolved problems. It will either transform into something more perfect, or it will degrade. This generally applies to bitcoin. If it will still be mined until about 2140, by this time there will still be a lot of events that will affect its existence. Therefore, to talk about what will happen to Bitcoin in a hundred and twenty years is still very early and, apparently, these will obviously not be our problems. |
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thisappointed
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September 18, 2019, 05:58:22 AM |
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There will be a fixed number if Bitcoins, and people, because of human error, will accidentally lose Bitcoins every now and then.
This must mean that Bitcoin will eventually seize to exist? Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.
Is this correct?
we don't know whether bitcoin will continue to number 1 or it may disappear. just pray. because the coins that still survive and must always be there and the increase in bitcoin will always continue. The remaining bitcoins we have is only limited, and if I'm not wrong, the article I've read says that we can't mine more, so based on that, I conclude that there is the time where bitcoin will disappear, I mean not totally disappear but it doesn't have a price anymore. I've been in this group where "Pro" people in cryptocurrencies especially Bitcoins says that bitcoin won't last forever, and that goes to everything we have on this world. Everything must come to an end because that is how it works, everything here is not permanent, we are going to die, and so everything. |
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ifinta
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September 18, 2019, 06:01:23 AM |
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There will be a fixed number if Bitcoins, and people, because of human error, will accidentally lose Bitcoins every now and then.
This must mean that Bitcoin will eventually seize to exist? Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.
Is this correct?
It is a simple step in a development, to break satoshi's to smaller units, and then the amount of the smallest unit can be restored, if needed... |
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paynercash
Member
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Activity: 392
Merit: 10
send and receive money instantly, with no hidden c
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September 18, 2019, 02:16:55 PM |
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maybe bitcoin will disappear, but until BTC disappears, will the earth still exist? With the pollution and destruction of people, even the earth I do not believe it will last forever, let alone BTC.
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TIDOVEE
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September 18, 2019, 03:05:52 PM |
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As the price decreases, all bitcoin in ones account shrinks as you have said and it becomes ridiculously valueless, but for those who have a large amount in their account bitcoin will not disappear, what will be the essence of all their investments. There are some coins that have actually suddenly left market maybe because after paying up the participants they have little left and thereby close up the account.
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Vishnu.Reang
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September 18, 2019, 04:27:27 PM |
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All efforts that tend to diminish the domination of bitcoins so far has been proved futile. The more they try to supress btc the more giant it grows.
Please check the charts. The dominance has decreased by more than 4% during the last 7-8 days from 71.5% to 67.2%. I am not sure whether this spike will continue in the near future, but this is the biggest jump in altcoin market share so far this year. And it happened very quickly as well. For me, it looks like a temporary spike and I expect the dominance to go back to 70% plus within the next few weeks. |
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cosmofly
Full Member
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Activity: 532
Merit: 100
PrimeDAO - An Adoption Engine for Open Finance
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September 19, 2019, 12:50:15 PM |
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There will be a fixed number if Bitcoins, and people, because of human error, will accidentally lose Bitcoins every now and then.
This must mean that Bitcoin will eventually seize to exist? Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.
Is this correct?
No, I think those who lost bitcoins are making the value of BTC increase. because scarce things are always sought and wanted by people. Bitcoin will take more than 100 years to exploit the rest, and you know, those who lose it will regret it in the next 10 years. |
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