Bitcoin eventually disappear...

[mensahkkofie]

There is nothing like disappearance in the world of blockchain technology. Bitcoin has come to stay and the best is still yet to come. In economics, when a commodity is in short supply, the price obviously goes up and this has always been the case in every society and this can easily be applied in crypto too.

[dawai asmara]

There is nothing like disappearance in the world of blockchain technology. Bitcoin has come to stay and the best is still yet to come. In economics, when a commodity is in short supply, the price obviously goes up and this has always been the case in every society and this can easily be applied in crypto too.

like items, the fewer items, the more sought-after and more expensive so the fewer Bitcoin supplies, the more valuable Bitcoin.

it is true that the possibility of Bitcoin will run out, but the team must have anticipated that, they have their own way of dealing with it. maybe BCH can be an imitation of Bitcoin or Bitcoin is changed to BCH. only a different name but the quality is the same.

[UchihaRukawa]

Bitcoin will only stop having value when the cryptocommunity doesn't support it anymore, but I think, if the people would still buy and hold bitcoin then I think it wouldnt lose its value. Now that Bitcoin is on a down trend or I can say in a stagnant state, peole are starting to invest in other coins but there are still lots of people patronizing bitcoin.

[Douglasyukanov]

Bitcoin can be lost if users cannot use their Bitcoin wisely, sometimes they are negligent in storing private keys.
loss in the form of price volumes also has an effect
for bitcoin holders.
 

[MFahad]

There is nothing like disappearance in the world of blockchain technology. Bitcoin has come to stay and the best is still yet to come. In economics, when a commodity is in short supply, the price obviously goes up and this has always been the case in every society and this can easily be applied in crypto too.

Many people are saying this for last few years that bitcoin is a bubble and it will be disappeared sooner or later. I would like to tell you that it can never happen. Blockhain technology and bitcoin itself will stay here and eventually  be able to replace the fiat currencies.

[awik p]

There is nothing like disappearance in the world of blockchain technology. Bitcoin has come to stay and the best is still yet to come. In economics, when a commodity is in short supply, the price obviously goes up and this has always been the case in every society and this can easily be applied in crypto too.

Many people are saying this for last few years that bitcoin is a bubble and it will be disappeared sooner or later. I would like to tell you that it can never happen. Blockhain technology and bitcoin itself will stay here and eventually  be able to replace the fiat currencies.

indeed there are many who speak like that, including finance minister in my country. this can indeed hinder development of bitcoin, because many investors are finally afraid to invest, because of attitude of government. and until now this fear has not been proven

[RockHenki]

I'm not sure whether bitcoin exists forever or not, but I think virtual currency is gradually evolving so in my opinion bitcoin can not disappear. It is growing more and more in the future, how can it disappear right? More and more people are entering the technology, the bitcoin becomes essentially not losing as much as the real money.

[ongkok87]

Bitcoin can be lost if users cannot use their Bitcoin wisely, sometimes they are negligent in storing private keys.
loss in the form of price volumes also has an effect
for bitcoin holders.
 

it is true because if there are no users and those who are interested, then the bitcoin can be lost, but if there are still users then the bitcoin will definitely be there at any time while there are still those who use it. because bitcoin depends on the interest and users

[Silberman]

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 is not correct for several reasons, to begin with satoshi knew of this and stated that lost coins should be seen as a small contribution to the rest of the people that are holding bitcoin, that those bitcoins are lost makes the rest of our coins even more valuable, and finally even if the chance is very low those coins are not completely lost because there is a chance that in the future a person may generate exactly the same private key and could recover those lost coins.

[akram143]

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 is not correct for several reasons, to begin with satoshi knew of this and stated that lost coins should be seen as a small contribution to the rest of the people that are holding bitcoin, that those bitcoins are lost makes the rest of our coins even more valuable, and finally even if the chance is very low those coins are not completely lost because there is a chance that in the future a person may generate exactly the same private key and could recover those lost coins.

Why people are saying Bitcoin will die soon from the previous past years there is a big hope from the people will be given to the same cryptocurrency but in single year there is a big changes in the minds of the investors but this is not a dog with kind for my opinion and it will be definitely came to the normal level soon and hoping to be it works.

[basyang]

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?

Personally, I am sick of reading that bitcoin will die and disappear. Why? its because Bitcoin is in downfall now. They are like that when the bitcoin price is down they always says that bitcoin will vanish away but when bitcoin price in the market is high this opinion ot topic suddenly disappear. Bitcoin is running for ten years so I bleieve it will not disappear or died just like what you think.

[Daseento]

The question should be is it possible to lose all Bitcoin (about 21 million supply) . I really don't think so. Moreover, loss of private keys by some holders would available Bitcoin more valuable. This is my view on it.

[deppil]

There is nothing like disappearance in the world of blockchain technology. Bitcoin has come to stay and the best is still yet to come. In economics, when a commodity is in short supply, the price obviously goes up and this has always been the case in every society and this can easily be applied in crypto too.

Many people are saying this for last few years that bitcoin is a bubble and it will be disappeared sooner or later. I would like to tell you that it can never happen. Blockhain technology and bitcoin itself will stay here and eventually  be able to replace the fiat currencies.

I know bitcoin will survive because the blockchain technology system adopted by bitcoin is a new innovation that is in demand by many people. I'm sure the bitcoin won't disappear with all existing FUDs. but I don't think that bitcoin has eventually replaced Fiat. that is impossible

[Aldrinx00]

If no one will trade it and everyone would just keep it in their wallet then it is more likely to disappear but do you think exchanges will let it happen? I don't think so, bitcoin is designed to be use for online for trading, payment etc. Bitcoin will exist for long-term because it is meant to be used.

[Veerashanka]

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?

Losing era is over Brother . It was in 2011 to 2013 when the value of bitcoin was low, people got it as rewards for doing various tasks and nobody thought that its value would skyrocket like this. Now the scenario is different, people who are buying bitcoin for $ 6k will keep private key safe and they will buy Hardware wallets if they can buy Bitcoin 

[jersti]

Apart from the security and privacy of your coins there are also other concerns around Bitcoin’s stability and security that deserve our attention. These risks are endemic to Bitcoin’s design and its young ecosystem, and they are often outside of our control.

[thundercrystal]

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 will not disappear because as long as there are miners who are mining bitcoins there's no reason that bitcoin may disappear, many people are mining bitcoin and also many people are patronizing bitcoin so I think bitcoin will not disappear no matter what happens.

[Willarrmay]

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 has its own measurements, the smallest unit being in Satoshi, just like the smallest unit of a dollar is called cents. So I’m guessing that even if there are lost Bitcoin, the only effect it will have is that the market price will become more high than it is now. Although I don’t think that’s ever going to happen, but whatever it maybe, there will always be a way to solve it.

[altercreed]

The OP's topic may be what others thinking about bitcoin and that's okay because we both have different perspective regarding bitcoin and the rest of alternate cryptos. I stand on the other side as i continuously holding my bitcoin and other cryptos because i believe, bitcoin will still exists for so many years.

[Patient_Zero]

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.

we do not always think negatively because the future can occur from the results of thinking in the present, if we always think that bitcoin in the future will be lost or destroyed it really depends on the behavior of the bitcoin owners in the present, we are often wrong in using bitcoin , for example we store bitcoin like assets and we trade bitcoin like commodities and many of us still think bitcoin is like a property, it must be changed, bitcoin is created as future money so from now on bitcoin users must use it like ordinary money to make payments , and if that happens it can be ascertained that in the future, bitcoin will always be secure and will always be needed.