Bitcoin eventually disappear...

[Crafts12]

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 eventually die if people will stop using and participating to it. Bitcoin will lose it values if no one dares to possess and use it for bussinesses and transactions but I doubt it will happen to soon for a reason that people nowadays are so into it and bitcoin is somehow mainstream in other places. In order for it to stay, we must keep on supporting it.

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[GrayFullbuster]

If we keep supporting and patronizing bitcoin, then it is impossible to see that the bitcoin will die or disappear. The investors are now keep gaining trust to bitcoin because the value of the bitcoin is keep rising as time passing by.

[Xising]

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?

Yeah, there is a fixed number of bitcoins but it is harder and harder to mine it. So it will take another 5-10years untill all the bitcoin will be mined.
Even is bitcoins are lost everyday the total supply is to big to be lost all of it. If 4 bitcoins are lost every day it would take 10.000years for all bitcoins to be lost.
Also, the price will be a lot higher when all the bitcoins will be mined so people will be more careful for their wallets.

I would say that that is the inevitable destination of every kind of investment. It is just actually a matter of when and not if. It would all depend on the support it gets from the market and from the community. For example, like the stock exchange market, many stocks have already died out, but there are still strong ones that keep on fighting for its survival due to the support people gives it. The more you get the better chances you have as an asset.

[dupee419]

If we keep supporting and patronizing bitcoin, then it is impossible to see that the bitcoin will die or disappear. The investors are now keep gaining trust to bitcoin because the value of the bitcoin is keep rising as time passing by.

And why would you even want BTC to die? I mean it has come a long way and all you want is Bitcoin disappearing suddenly? I mean BTC will come its way but I don't think of it as something that will die, I think that there would be lots of improvement and development and It might be even called as the next gen bitcoin, I'm sure of it and what I am most certainly sure of is that BTC won't die in the future but will transform into something that will definitely be much better than what we are using right now.

[jademaxxiss012]

This may probably true especially if bitcoin will not be regulated. The founders should make a way so that bitcoin or cryptoccurency will be accepted and adapted.and to let them continue to earn with their mining actitivities or their shares with the exchanges that are.operating nowadays. There is no doubt that they can earn more in cryptocurrency they created.

[medicalmiracle]

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.

In this era of technology, the old technology are obsolete by the arrival of new technologies and services in the market so it would be acceptable if on the arrival of a more potential technology, Bitcoin ends. But that is not going to happen soon.

[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.

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

I also follow this course. Until that moment, as the last bitcoin will be extracted, it will take a long time, that is what I was trying to say. And even when this happens, Bitcoin will not disappear (as the author fears). The network will also continue to be supported, but the reward will not be mining of Bitcoin, but a commission from transactions.

[Ozero]

In my opinion, the next few generations worry that Bitcoin may disappear through the loss of access to them and due to other similar problems, it is not worth it. Cryptocurrency is developing very fast and it is still very far from perfect. Therefore, it is likely that with time it will turn into something more perfect, or disappear. This will happen much less than all bitcoins can be lost.

[Adriano2010]

Will not dissappear even if some people will not have anymore access to their bitcoin, other people will still have it and use it even after all bitcoin will be mined which will take a lot of time from now.

[Bezobraznike]

   Smaller supply awakes bigger demand. Than less coins we have in hands then price is higher.
   I do not believe we will ever go on zero number of coins. There always stay something on someone's balance.

[Carreuh]

I think this bitcoin will still be there even though the price will decline again and it is predicted too if the bitcoin price slumps it will also rise again because bitcoin already has quite a lot of interest and there are already so many who invest in this bitcoin, therefore it is very  it's hard if this bitcoin will disappear someday, bitcoin will still be there even though the price isn't like now

[Duzter]

It has acquired place for among the tradeable asset, which is not that easy to achieve without anything physically available to experience. It never gets disappeared or go worthless, even when the entire sum of bitcoin were mined the transaction keeps happening and by that time based on the demand we'll get an increased or decreased.

[indrakusumaindra]

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?

Human error? Lol , it isn't an error. This is how this ecosystem is designed.
We will never know what will happen to Bitcoin after everything is mined and due to the fixed supply it has, as we will be possibly all dead. It needs so many years to pass in order to reach this time. And until this happens, demoting BTC into smaller amounts can still work as we care about the value and not for the decimals.

well right now what i see is bitcoin is more widely use and more use cases using bitcoin for blockchain technology, i strongly believe bitcoin will survive for a long time, but who knows what will happen in future.

[andriarto]

It has acquired place for among the tradeable asset, which is not that easy to achieve without anything physically available to experience. It never gets disappeared or go worthless, even when the entire sum of bitcoin were mined the transaction keeps happening and by that time based on the demand we'll get an increased or decreased.

right, from the analysis that you explained, I can understand that bitcoin will run the opposite, that is, it will develop and be accepted by most people. especially with a large number of spreads, it will result in price increases, this is because supply is limited

[mersal]

It has acquired place for among the tradeable asset, which is not that easy to achieve without anything physically available to experience. It never gets disappeared or go worthless, even when the entire sum of bitcoin were mined the transaction keeps happening and by that time based on the demand we'll get an increased or decreased.

We still ahead of a century for the last bitcoin to be mined,so we no need to worry about the miners for now.If bitcoin meant to go worthless then we might have something better than bitcoin or the current centralized system supressed it not to adopted by the people,chances of happening both are also low for now.

[shesheboy]

I think this bitcoin will still be there even though the price will decline again and it is predicted too if the bitcoin price slumps it will also rise again because bitcoin already has quite a lot of interest and there are already so many who invest in this bitcoin, therefore it is very  it's hard if this bitcoin will disappear someday, bitcoin will still be there even though the price isn't like now

Yeah meyt bitcoins price can always recover no matter how hard it fall because there will always be a demand for it not because bitcoin is cheap and can be used for an asset use but because bitcoin is too useful and can also be used for a currency use   but let say people will loose thier interest on bitcoin and the price of bitcoin will decay until it turn to zero and until bitcoin will be remove on exchanges , bitcoin will still remain on the web/online . The remaining bitcoin will still exist  .

[bonker]

It has acquired place for among the tradeable asset, which is not that easy to achieve without anything physically available to experience. It never gets disappeared or go worthless, even when the entire sum of bitcoin were mined the transaction keeps happening and by that time based on the demand we'll get an increased or decreased.

right, from the analysis that you explained, I can understand that bitcoin will run the opposite, that is, it will develop and be accepted by most people. especially with a large number of spreads, it will result in price increases, this is because supply is limited

Right the limited supply is one of the advantage because we are not going to face the inflation so people can trust ans use i future if they find the importance of it.

[Pamadar]

It has acquired place for among the tradeable asset, which is not that easy to achieve without anything physically available to experience. It never gets disappeared or go worthless, even when the entire sum of bitcoin were mined the transaction keeps happening and by that time based on the demand we'll get an increased or decreased.

We still ahead of a century for the last bitcoin to be mined,so we no need to worry about the miners for now.If bitcoin meant to go worthless then we might have something better than bitcoin or the current centralized system supressed it not to adopted by the people,chances of happening both are also low for now.

Let time showed what will happened next to this industry, if ever that there's no major adoptions to happened and another sets of new ideas
will be bring inside the digital industry, maybe it will make this currency to disappear but like what you have said it's still far from reality and there's
a lots of good appreciations from big businesses so we should not worry as yet.

[ene1980]

Let time showed what will happened next to this industry, if ever that there's no major adoptions to happened and another sets of new ideas
will be bring inside the digital industry, maybe it will make this currency to disappear but like what you have said it's still far from reality and there's
a lots of good appreciations from big businesses so we should not worry as yet.

There is nothing to worry about it and we might see more solutions for our situation we will overcome those and what ever be case, no one thought of a currency that could survive without the help of government, bitcoin made it possible, it is a billion dollar market and in the next rally we might even touch the trillion dollar market and i do not think a market so huge will go down just like that.

[syamster]

Let time showed what will happened next to this industry, if ever that there's no major adoptions to happened and another sets of new ideas
will be bring inside the digital industry, maybe it will make this currency to disappear but like what you have said it's still far from reality and there's
a lots of good appreciations from big businesses so we should not worry as yet.

There is nothing to worry about it and we might see more solutions for our situation we will overcome those and what ever be case, no one thought of a currency that could survive without the help of government, bitcoin made it possible, it is a billion dollar market and in the next rally we might even touch the trillion dollar market and i do not think a market so huge will go down just like that.

Yeah we can see bitcoin made all things possible for itself, bitcoin is there in the market since long and day by day it is being more powerful, supporters are supporting it and they will never let it get disappear because millions of people have invested their money in bitcoin so they will keep it in the market by hook or by crook.