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October 10, 2018, 09:00:06 AM |
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if bitcoin disappears then I'm sure there will be a lot of people who lose because bitcoin prices will surely collapse and make a lot of people depressed but in some places there are still many who are looking for bitcoin so that the circulation of bitcoin will not disappear as long as the bitcoin network still exists.
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yitzjoe
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October 10, 2018, 09:42:31 AM |
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the basic logic is that fixed bitcoin is with a clear and definite supply, when there is a death in some bitcoin holders and the wallet is not inherited then bitcoin cannot fill the market, and this can happen when we lose the private key or the bitcoin access key which we finally unable to fully access the bitcoin, but not all will die and lose the key intentionally and as a result of this is a permanent supply but the availability of bitcoin is reduced, of course the price will increase
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Brunusmagnus
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October 10, 2018, 10:30:09 AM |
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Whatever on this planet is destined to disappear. Even the planet itself ... If this happens in a year, between a thousand or a million I do not know. I try to take advantage of it now ...
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Vritesh
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October 10, 2018, 11:41:18 AM |
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No i don't think so that bitcoin will disappear because till now it has become the best investment asset. Bitcoin has given alot to people so how it can disappear. No doubt these days price value is very less but still it has the potential to come back on its track and give the maximum number of profits to the investors. Ups and down are eveywhere and they are the big part of market. So according to me bitcoin can't disappear.
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ichai
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October 10, 2018, 11:56:35 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?
I think it is always useful. Now it has gone too deep into the machinery of businesses and mafia organizations. I believe the mafia organizations are holding the most BTC and they are also one of the ingredients that make Bitcoin prices always fluctuate. Bitcoin's future is great if there is always a strong capital base from such organizations.
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lamadu3
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October 10, 2018, 06:43:36 PM |
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It is interesting for me. People deliberately spread panic in order to achieve even greater fall of BTC, or do they really think so ?. I am sure that nothing will happen to BTC, because there is too much money here.
with the increasing number of bitcoiners, then it is difficult to move the market significantly with its funds. so they make negative news about it, and move bitcoiner's panic to achieve the goals they want I never pay attention to the bad news as I realize, most of this information is not true. I am sure, Bitcoin will not die even in many years when the last BTC is mined.
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Leocrypto da Vinci
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OMNITY Knowledge, connected
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October 10, 2018, 07:34:02 PM |
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Bitcoin may disappear, and in its place a new coin will be born, with more advantages (I would have bet on Ethereum, but in recent times it is not good), but surely the crypts will not disappear. So, let's hold on, and look for the best options.
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https://OMNITY.io/ico Knowledge, connected. Unifying Knowledge For Faster Insight.
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Kamote_1102
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October 10, 2018, 08:06:28 PM |
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I don't think it will happen. Bitcoin will stay no matter what happens in it. it may face it's toughest situation but it will always survive for sure. I believe that Bitcoin will stay forever in the crypto World. that's for sure.
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Bonsaiav
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October 11, 2018, 03:15:33 AM |
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Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.
When the amount of bitcoin supply shrinks, bitcoin will still be useful, even at that time the price will become more expensive. Bitcoin may disappear, and in its place a new coin will be born, with more advantages
Bitcoin's not possible will disappear in the near future and bitcoin will remain there at least up to 50 years to come. Almost every month new coins are born, the fact that none of them can replace bitcoin. If, bitcoin will be replaced, by another coin then the address of the destruction of the global cryptocurrency cannot be maintained anymore.
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Rooster101
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October 11, 2018, 04:24:50 AM |
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BTC can hardly disappear from this world, I believe they will last forever and thrive in the next few years.
Bitcoin will only disappear or cease to function as a currency when we there is no more investors to support its existence. Bitcoin will continue to exist as long as there are still demand for it and only time can tell when will bitcoin cease to function as a virtual currency. If bitcoin disappear, the whole cryptocurrency market might get affected and it takes time to recover again and worst, the market would never be the same again if bitcoin is gone.
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Morning honor
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October 11, 2018, 05:27:54 AM |
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No one can predict until when bitcoin will be existed,but as long as many who supports and investors bitcoin will never be dissappear,. As we know bitcoin is still a long time living currencies from how many years past by up to now and it is still in demand by global.,his is my point of view and when theres a technology bitcoin is still be a part of our daily needs.
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KingdomHearts
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October 11, 2018, 10:27:59 AM |
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Maybe that can happen if everyone on crypto thinks bitcoin is meaningless and that will reduce the value of bitcoin. But before you have such thoughts, you must see the popularity of bitcoin and bitcoin being the most valuable in crypto, so bitcoin will not be lost.
Unfortunately, I doubt if a day like that will ever come considering the fact that so many people are actually looking up to the fact that cryptocurrency right now is the future of payment and we are beginning to see a lot of government in most countries trying as much as possible to accept it, adopt it and benefit greatly from it. We are far from the level at which we can start thinking of bitcoin eventually disappearing, as long as real life usage kicks in, adoption takes the top notch and then we see a lot of people getting to use it in their everyday lives, the disappearing thing will not even come to mind at all.
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francedeni
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October 11, 2018, 10:51:50 AM |
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No one can predict until when bitcoin will be existed,but as long as many who supports and investors bitcoin will never be dissappear,. As we know bitcoin is still a long time living currencies from how many years past by up to now and it is still in demand by global.,his is my point of view and when theres a technology bitcoin is still be a part of our daily needs.
I agree bitcoin existed for many years now and it cannot easily disappeared. As long people or users involced in bitcoin it will be existing. When dump of price happen btc can arise it’s value.
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Twentyonepaylots
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October 11, 2018, 11:06:26 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?
This is possible in a sense of "active coins". Because of human error they might forget that they do have a bitcoin and they may forgot also the passwords, seeds , email account, exchanges accounts, let's say that 21 million coins were already finished mining and there are 300 people which each of them has 1 bitcoin and unfortunately forgot where is it now, 300 x 1 =300 bitcoins, does this mean that 21 million bitcoin will now be decreased because of human error? , the answer is no, it's still 21 million yet the 300 bitcoin is not active , same with the holders who just holds their bitcoin. Therefore, the active coins that are currently flowing may decrease because of the holders and the people who forgot they have bitcoin but the total amount of bitcoin will never decrease. I don't think so, Bitcoin is one the most stable coins among all other crypto as posted in the market, yes, we've have seen the drops on its price value as posted in the market yet market corrected itself soon after the drop. Bitcoin will be here with us for a long period of time, it started somewhere in 2008-2009 and we've seen now how it remains on the top of crypto currency world.
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wozzek23
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October 11, 2018, 11:06:34 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?
That’s not possible, it’s not going to happen. But assuming it happens, when there are a lot of lost Bitcoins, I think it will make the price of those available to increase, meaning that Bitcoin will get costly. That Bitcoins get lost doesn’t mean that everything will disappear just like that and there wouldn’t be any left to be used. And trust me, the devs will always find a way to tackle any problem that comes their way.
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upsidedown75
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October 11, 2018, 11:43:38 AM |
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It could happen, as there really is a low circulation of whole bitcoins in the world compared to the amount of people. Over time a lot of them will be lost and have been lost already, I'm not sure many people will like to use tiny decimal amounts in the long run. You could also argue that bitcoin is the first iteration of a working digital currency and it seems inevitable that an improved implementation will take the market share.
no one knows for sure the development of cryptocurrency information that says bitcoin will be lost often we hear and see even years ago, but in fact it can still be accessed and invested Apparently, no one can tell what the future holds, but when it comes to the future of cryptocurrency, we can at least deduce what the future could be like judging from now onward. We cannot actually tell exactly what will be happening but one thing for sure is that this market is developing and growing gradually, which I so much believe that in a very short time, we will start seeing mainstream adoption becoming a thing, and looking at how institutions, banks, government and countries are looking to be a part of it than fight it, it just makes things a whole lot better.
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skish85
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October 11, 2018, 12:06:25 PM |
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Perhaps some certain part of bitcoins will disappear, but not all of this is for sure.Most people organize their activities with maximum responsibility, so this will not happen.
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voltesbit777
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October 11, 2018, 12:30:02 PM |
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Probably, as long as there are bitcoin users still buying it continuously. I don't think that bitcoin will disappear, as far as I know when the demand increase the price value will increase also. Then, it not because the value of bitcoin will get dump it doesn't mean it will be gone of course not!
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Captain Sneeze
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October 11, 2018, 03:15:35 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?
Bitcoin will not disappear just like a bubble because as long as many people needs a bitcoin and patronizing bitcoin the bitcoin will increase because the demand of it will increase so I think of disappearing of bitcoin is not really possible.
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ngalamunan
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October 11, 2018, 03:32:47 PM |
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I think this is the wrong view. Market ups and downs are very normal. Bitcoin will land when it takes off, so there is no big prize, but it won't disappear.
in my opinion this is a wrong view of bitcoin. bitcoin won't end at any time. if bitcoin will be lost maybe other coins will be affected in investing.
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