ace1105
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October 11, 2018, 03:43:01 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. Bitcoin will never end. I have a strong feeling that it will recover again soon. We just need to believe and keep hoping that more and more new investors will gonna support bitcoin.
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AlexKr
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October 11, 2018, 04:08:36 PM |
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In the end, we all disappear. There is nothing eternal. I do not think that BTC will disappear in the near future.
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metalglowd
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October 11, 2018, 04:33:33 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?
I think bitcoin doesn't disappear, it's just that people's awareness of how valuable bitcoin is is still very low, you can imagine how people have a lot of bitcoin. hundreds to thousands, but they sell cheap or forget their account password. then what is the current condition? that is what should be solved, the bitcoin that still settles in a random wallets without the owner itself forgot its key
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Snaic
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October 11, 2018, 04:48:32 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?
The number of bitcoins due to various losses will certainly decrease. However, I think it’s too early to worry about it. To date, about 17 million bitcoins have been mined. Lost are about 6 million. Due to the increase in the cost of Bitcoin, its safety will be treated more carefully and their total number will also decrease more slowly. Together with those that will be mined, there will be about 15 million bitcoins. Even if in thirty years their total number decreases to 10 million, they will walk all the same, their cost of decreasing the total number will only grow.
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yvesp110
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October 13, 2018, 07:57:06 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. For sure if they will make bitcoin disappear so they should remember than bitcoin is the mother of all other coins, so it is controlling and ruling on the entire crypto market and it will never get disappear, in my thinking this kind of news are only to listen but not to believe because it does not make any sense to me for me bitcoin is an every green currency and best investment ever.
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ELOCIN
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October 13, 2018, 11:02:35 PM |
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Contrary to that, bitcoin will eventually replace fiat currency in the coming years and bitcoin's existence will go on. That's my opinion too so i don't really care about FUD and other negative opinions on bitcoin because that's their opinion too.
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solkinsolali
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October 14, 2018, 12:44:54 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?
You are partially correct. If people continue to die with their private wallet sees and password, the amount of Bitcoin actually in use will keep on decreasing with time.
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joyclicks
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October 15, 2018, 10:26:50 AM |
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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.
Yeah I also think that it will never disappear because it is the future currency of the world and yes I admit that all other currencies will disappear from the market. Bitcoin will be there forever. Some people spread disappointment among people, may they want that bitcoin should not be the global currency and to prevent people from investment it will disappear automatically from the market.
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Topcarey
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October 15, 2018, 01:02:13 PM |
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That is true! I didn't think about that. But with the supply now and people learning fron their mistakes i think it will take a while before that happens. Once that happens maybe we'll see different scenarios. One will be that Bitcoin will lose value and we'll look at a different coin or we'll use a more sophisticated verification to retrieve lost coins.
What do you mean by disappearing bitcoin? Do you want to say that if the price drops more and more it will disappear one day? I think differently than you. I think that the price of bitcoin will not drop than $6000 and with the passage of time it will increase again. I am not saying about any bump in the price but when the market cap increase the price will also increase.
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breathlessz
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October 15, 2018, 02:14:00 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?
You are partially correct. If people continue to die with their private wallet sees and password, the amount of Bitcoin actually in use will keep on decreasing with time. with diminishing supply, of course, prices will soar up. but of course if later it is accepted by all countries, of course there will be policies to safeguard development of bitcoin
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iv4n
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October 15, 2018, 02:37:00 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?
You are partially correct. If people continue to die with their private wallet sees and password, the amount of Bitcoin actually in use will keep on decreasing with time. with diminishing supply, of course, prices will soar up. but of course if later it is accepted by all countries, of course there will be policies to safeguard development of bitcoin It`s correct that less bitcoins in circulations is actually a good thing for the people who have some bitcoins, less supply and high demand will push the price up. What I don`t understand is what countries can do about bitcoin? It`s not up to them, everything depends from miners and what they agree to do with chain. You need to learn a lot about bitcoins, bitcoin forks, and who have a vote on the network, countries can just watch if they don`t have some hash power under their control. Bitcoin will not die, this is just some not so logical thought in op`s mind, don`t spread spam and mix things in your head, inform yourself about bitcoin before making this kind of statements.
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goodluck0319
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October 15, 2018, 08:06:34 PM |
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bitcoin at some point can simply stop spinning in the usual turnover among ordinary people, because it will be used for storage
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t3ChNo
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October 16, 2018, 12:10:14 AM |
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I doubt it will. BTC will continue to evolve as well as we may be able to see more adoption from common folks.
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SirLancelot
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October 16, 2018, 12:32:04 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. I think many people are focusing on the aspect of "bitcoin may disappear but for that to happen something better must come" but they are forgetting one key thing. Bitcoin is already something new, it is not a 100 year old thing, its just 10 years (not even) since it came out, gold has been around forever, dollar has been valuable since 60's and definitely since 80's as well, here we have bitcoin that came out almost 10 years ago and you are thinking about something that could overthrown it. It won't happen easily I can tell you that, whatever comes up that will overthrown bitcoin must be out there for a long time and needs to take its sweet time before it can even reach to its levels, it won't happen overnight at all. Considering all of this we can safely sleep at nights knowing bitcoin will be here for a long time.
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bitcoinrays
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October 17, 2018, 06:23:45 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. The world is turning towards digital currency and you are talking about the disappearance of cryptocurrency. It will never happen because now people have understood the importance and benefits of cryptocurrency. In the near future you will more and more people investing in cryptocurrency not only for earning profits but also for worldwide use as regular currency.
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heleng05
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October 17, 2018, 07:06:30 AM |
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I don't think it will gonna dissapear when his value shrinks and it will still helpful to people like how we use it in our daily basis. I think more people will get interested in joining bitcoin in the end of the day as we can see after a decade his still processing to grow.
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jestbenen8
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October 17, 2018, 11:18:16 AM |
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Bitcoin is not going to disappear. Despite the numerous attacks coming from the media, banks and governments, Bitcoin has proven to its investors beyond all doubts by stabilizing its price range between $6500 to $6700. Bitcoin is gradually and strategically growing its support from the investors and with time, BTC will become the most valuable coin on the market.
Bitcoin will take over the market in the future and all other currencies will disappear from the market. Bitcoin will the future currency and I don’t lose patience, courage and trust in bitcoin. I believe it the most and believe also that it will be regular currency for the entire world in the coming future. You should wait for more time to see the facts about bitcoin.
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BitcoinCommodor
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October 19, 2018, 07:21:32 AM |
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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. Bitcoin will never end. I have a strong feeling that it will recover again soon. We just need to believe and keep hoping that more and more new investors will gonna support bitcoin. Bitcoin is there if you want to have some Bitcoin you will need to buy it on any price you want as there are no restrictions over it. Bitcoin is available if your savings are enough for its current price and moreover its current price is highly affordable because it is in its low market right now. These are irrelevant news spreading about the Bitcoin in order to reduce demand for this business but those who understand this source will ignore such news.
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margaret22
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October 19, 2018, 07:38:42 AM |
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I have read about, that there is about 4million Bitcoin lost already. And this number will continue to grow, no doubt. But I think the speed of losing Bitcoin will be much slowlier now, that it worth a lot, and also, if if the circulating supply decrease, it will only mean the price of Bitcoin increase IMO.
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Naughty Princess
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October 19, 2018, 08:09:52 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.
I agree. It would never disappear easily. Many are benefitting for it and keep believing for the potential of the coin. Many people are seeking for it to invest and I believe they are find it as investment and making more time to decide when to invest on it because it is very volatile. Bitcoin would have big contribution on us and it will make more improvement.
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