Bitcoin eventually disappear...

[Silberman]

There are still so many people and investors that believe in bitcoin. So i think bitcoin will not disappear easily. Bitcoi n will still recover and will dominate the market again.

That is the main reason why bitcoin is not going to disappear, as long as some people keep believing in it and keep using it then bitcoin is going to be here with us, in fact I will say that it is completely the opposite, each day bitcoin is getting stronger and more people are adopting it so the chances that bitcoin is going to disappear are incredibly low.

[Tetutu]

I think what you are saying has a point, but before that happened and the amount of bitcoin in the market gets small, it would keep increasing its value first, and if it all was lost because of human error, people can easily make another bitcoin with the same value and same amount, so I think its not gonna be a very big of a problem.

I think that's impossible because bitcoin has become a digital currency globally, even though it's not official. But the number of users is increasing, for those who are active in trade and investment. Bitcoin will never disappear, but Bitcoin will probably experience some regulatory changes which means accommodating government policies in each country.

[Ozero]

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?

In general, yes. Over time, the number of bitcoins will steadily fall due to the loss of access to them for various reasons. Already, about seven million bitcoins have been lost. However, at the same time, I think that technologically, ways will be found to restore them. Otherwise, indeed, Bitcoin is rare. Given that over time the number of different types of cryptocurrency will increase, it will not be a big problem.

[Godday]

There are still so many people and investors that believe in bitcoin. So i think bitcoin will not disappear easily. Bitcoi n will still recover and will dominate the market again.

That is the main reason why bitcoin is not going to disappear, as long as some people keep believing in it and keep using it then bitcoin is going to be here with us, in fact I will say that it is completely the opposite, each day bitcoin is getting stronger and more people are adopting it so the chances that bitcoin is going to disappear are incredibly low.

currently, bitcoin is still standing because bitcoin is still trusted and some people are still fighting for bitcoin. although the state of bitcoin is currently experiencing a sharp decline. they certainly have a sense of doubt, but they also can still survive.

[Shanu shan]

no it is not possible... bitcoin will not disappear and it is always trading in crytoworld…it has no expiry date

[sirminesalot]

no it is not possible... bitcoin will not disappear and it is always trading in crytoworld…it has no expiry date

yes you are right, bitcoin will not expire and will always be there at any time. as long as there is still a bitcoin internet network will remain in this digital world.

[candra raditya]

Bitcoin is more likely to still have value and become a valuable cryptocurrency, bitcoin is the main and trusted coin in crypto, and if there is a price decline investors will adopt bitcoin because it becomes an opportunity to buy at a cheaper price and in the future will become an advantage.

[Dudeperfect]

Well, not just the Bitcoin but every currency has its own limitations. When it comes to the Bitcoin, The limited number is actually helping it to grow in terms of value associated with it. Even though 1 Bitcoin is equivalent to 4000 US dollars today, not every transaction requires $4,000 and hence divisibility comes into the picture. The number of Bitcoins is too big to disappear each and every Bitcoin in the next few centuries but with every loss of Bitcoin, The remaining Bitcoins gain value out of that loss to the entire value of the ecosystem is not damaged.

[pant-79]

It is estimated that the last bitcoin will be released in 2140. It will happen after the generation of block number 6 929 999.
After the world sees the latest bitcoin, the algorithm of the network will not change because of this - new blocks will continue to be created further.
Since the release of new coins will cease, the miners' remuneration will consist of commissions that network users pay to add transactions to the blocks.
The termination of the issue of bitcoin will only increase the price of the coin, so far it is not a question of how useful it will be. Bitcoin is digital gold, gold of the future.

[sclmte]

whatever the eventual outcome, Bitcoin, Ethereum, and initiative such a venture into the world of blockchain may burn out and fade away. the general is taking a less significant position in many commentators predictions for where will take us in 2019, that it did in 2018. and time tell whether this means the beginning of the end of blockchain or just the end of the hype that fulled blockchain beginning .

[awik p]

It is estimated that the last bitcoin will be released in 2140. It will happen after the generation of block number 6 929 999.
After the world sees the latest bitcoin, the algorithm of the network will not change because of this - new blocks will continue to be created further.
Since the release of new coins will cease, the miners' remuneration will consist of commissions that network users pay to add transactions to the blocks.
The termination of the issue of bitcoin will only increase the price of the coin, so far it is not a question of how useful it will be. Bitcoin is digital gold, gold of the future.

but indeed it requires a very long time, maybe we have switched generations to see that. I think for now I'm still loyal to Bitcoin as long as it still produces. and enjoying the tidal process like now is a proud thing, because we participate in the development of BTC for the process until it reaches its goal

[darewaller]

I don’t know if what I’m about to say is right or wrong, but I do think that if a certain number of Bitcoins happens to get missing, then it will lead to an increase in the price of Bitcoin. Why I’m saying this is because there will be lesser supply of Bitcoin, and since the lesser the supply means bigger price, there should probably be an increase in price, and then we will all be buying in satoshis.

In general, yes. Over time, the number of bitcoins will steadily fall due to the loss of access to them for various reasons. Already, about seven million bitcoins have been lost. However, at the same time, I think that technologically, ways will be found to restore them. Otherwise, indeed, Bitcoin is rare. Given that over time the number of different types of cryptocurrency will increase, it will not be a big problem.

There are total of 17 million Bitcoins mined, and based on the research I have made, close to 4 million Bitcoins are likely to be missing and not 7 million like you have said. So that means we currently have about 13 million Bitcoins or so trading in the market. The number of Bitcoins to be mined are remaining about 4 million.

[Distinctin]

There are still so many people and investors that believe in bitcoin. So i think bitcoin will not disappear easily. Bitcoi n will still recover and will dominate the market again.

That is the main reason why bitcoin is not going to disappear, as long as some people keep believing in it and keep using it then bitcoin is going to be here with us, in fact I will say that it is completely the opposite, each day bitcoin is getting stronger and more people are adopting it so the chances that bitcoin is going to disappear are incredibly low.

currently, bitcoin is still standing because bitcoin is still trusted and some people are still fighting for bitcoin. although the state of bitcoin is currently experiencing a sharp decline. they certainly have a sense of doubt, but they also can still survive.

Things that are never stable whenever you might expect because that is virtual money that makes anxiety and happiness about prices in the future.

True, this would not become stable because people will dump when they see the price is bullish.
Only if bitcoin is not also considered as investment, then maybe we have a chance to make this stable, but with price action, that makes it exciting.

[jjjfff]

Only way for BTC to disappear would be a big security flaw found on it.

So far it has stood the test of time and hackers haven't been able to crack Bitcoin's cryptography.

[m_nief]

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 is deflationary by nature. This is counter-intuitive to how most of us have been raised on an inflationary economic model (fiat becomes worth less and less over time due to inflation).

What you say is correct, but don't forget the less Bitcoin available means the supply is lower. When supply drops and demand stays the same, it means the price increases. Which means the price of Bitcoin never stops rising over the long term.

i agree with you, if it is calculated on average, bitcoin is always experiencing deflation, the supply of bitcoin is decreasing because more and more people are looking for the price of bitcoin to increase. this is in accordance with economic theory about the nature of scarcity that causes prices continue to soar

[nur rochid]

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 is deflationary by nature. This is counter-intuitive to how most of us have been raised on an inflationary economic model (fiat becomes worth less and less over time due to inflation).

What you say is correct, but don't forget the less Bitcoin available means the supply is lower. When supply drops and demand stays the same, it means the price increases. Which means the price of Bitcoin never stops rising over the long term.

i agree with you, if it is calculated on average, bitcoin is always experiencing deflation, the supply of bitcoin is decreasing because more and more people are looking for the price of bitcoin to increase. this is in accordance with economic theory about the nature of scarcity that causes prices continue to soar

the more rare bitcoin in the market of course makes prices increase so and vice versa. but what happens now is that many people throw away bitcoin and that makes the trend decrease

[davit putra]

It could happen if trust in bitcoin disappears and bitcoin will be worthless and abandoned, but I think that won't happen because bitcoin is still trusted and even though the value of bitcoin is shrinking, the value of bitcoin will expand again.

[JohnBitCo]

There are still so many people and investors that believe in bitcoin. So i think bitcoin will not disappear easily. Bitcoi n will still recover and will dominate the market again.

That is the main reason why bitcoin is not going to disappear, as long as some people keep believing in it and keep using it then bitcoin is going to be here with us, in fact I will say that it is completely the opposite, each day bitcoin is getting stronger and more people are adopting it so the chances that bitcoin is going to disappear are incredibly low.

Whenever there is a big dump in the market, things like these do pop up. We see everywhere people sating that bitcoin is a bubble , it will end soon, it is a scam etc. But then the market recovers well and we stop hearing such negative voices.

[cahbagus555]

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 dont think bitcoin will disappear because if bitcoin growing more higher, people will keep it for their investment. Perhaps, people's coin can disappear and supply shrink in market but the price must be getting more expensive

[Janation]

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 dont think bitcoin will disappear because if bitcoin growing more higher, people will keep it for their investment. Perhaps, people's coin can disappear and supply shrink in market but the price must be getting more expensive

We don't know what might happen, all we know is that Bitcoin is still giving us a profit.

There are investors that says Bitcoin will not last that long, for me that 10 years is long enough to be a good source of profit or maybe income. With a lot of cryptos in the market, there are a lot of ways you can choose your investments and that will grab people to invest on cryptocurrencies. When the price dumps, people tends to invest again since it might be their last chance seeing that price. That way of investing of investors will make the price pump even in a little moment and will keep the price from dumping more and I think that is a proof that Bitcoin will be having a longer time existing as our daily investment.