Bitcoin eventually disappear...

[Marry Finch]

Bitcoin will be mined presumably until 2140. A hundred years later, who will live to this time, then he will worry about reducing the total number of bitcoins. Now, in my opinion, it is too early to talk about it. After a hundred years, perhaps Bitcoin is transformed into something completely new. Or perhaps they will find a way to recover lost Bitcoins, including with the help of quantum computers.

[n0ne]

Bitcoin will be mined presumably until 2140. A hundred years later, who will live to this time, then he will worry about reducing the total number of bitcoins. Now, in my opinion, it is too early to talk about it. After a hundred years, perhaps Bitcoin is transformed into something completely new. Or perhaps they will find a way to recover lost Bitcoins, including with the help of quantum computers.

To the present population and to meet all things digitally the present technology is more to meet, but when things go on and to the growing population advancement is a must to happen. Within certain time period entire number of bitcoin gets mined which will create a demand, and just on that it doesn't mean bitcoin gets disappeared.

[shield132]

Oh no, no, at least there is no chanse it will dissapear for 4-5 years. Why? Because 1) people consider it the most trustworthy cryptocurrency. 2) There are a lot of serious businesses on bitcoin. which will lose a lot of money if that happens and a lot. Consider upcoming halvong whivh automatically lits fire in people that bitcoin will rise because as you see one year ago, halving was a major reason we see 20k price.

[sunsilk]

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.

Yes, bitcoin won't be affected or won't have its inflation because instead it will have its deflation. Thanks to the finite supply and halving that makes the difficulty of mining harder and gives that demand that we're all wanting.

We are far from that time and I think we should focus about the current issues now and solve those problems that are currently existing now. If the world continues to adopt and accept bitcoin payments that will decide if bitcoin will stay or not.

[otong]

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?

nobody's development and the future of crypto currency can predict for sure how because all possibilities can happen and no one can know because of the development of crypto currencies depending on the investor

[Distinctin]

Oh no, no, at least there is no chanse it will dissapear for 4-5 years. Why? Because 1) people consider it the most trustworthy cryptocurrency. 2) There are a lot of serious businesses on bitcoin. which will lose a lot of money if that happens and a lot. Consider upcoming halvong whivh automatically lits fire in people that bitcoin will rise because as you see one year ago, halving was a major reason we see 20k price.

This would stay and beat all the payment system, it will be the most popular in the online world, some people don't believe it's potential but they will see as the adoption increases. Most people who are accumulating now are big time investors, they sees its future potential so they are betting on bitcoin early.
Investing on bitcoin for long term is the best strategy, people who don't believe on it has no idea that price may pump high due to its limited supply.

[goaldigger]

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?

If mankind can make something better and more convinient than bitcoin then youre right. This is for the fact happening right now where people invent something better than fiat. People will not accept it at first because of denial but eventually end up using it because of the need for improvement.

[Naida_BR]

Well you posted this in the "Economics" section, so let's make this about economics.

People have an amount of BTC.  The higher the value of their BTC, the more likely they are to keep it in safe locations or spread it between different places.  So the chance of them losing their BTC decreases exponentially as the price rises.

If they lose BTC, the supply decreases, therefore making the remaining BTC supply (marginally) more valuable and making people less likely to lose it.  So it never reaches a point at which there's not enough left.

So basically, no.  It's impossible.

That's a fair point but the OP says what it is going to happen if the most of the supply will be lost?
Then no one will have any interest in bitcoin due to the limited supply and that there will not be many buy and sell orders. I don't think that it is going to lose value. Also the option of a fork is possible is something like that is inevitable.

[Marry Finch]

Bitcoin, of course, can disappear in its current form, if it is replaced by something more advanced. This is quite normal and predictable. The current Bitcoin has its own difficulties in solving many problems, including scalability and transaction costs. Considering that the cryptocurrency so far exists only ten years, and also that it is not perfect yet, it will continue to evolve anyway. Nobody knows what this development will lead to.

[Xampeuu]

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?

If mankind can make something better and more convinient than bitcoin then youre right. This is for the fact happening right now where people invent something better than fiat. People will not accept it at first because of denial but eventually end up using it because of the need for improvement.

good or not, I think back to the government and the people who judge it. indeed, at present bitcoin is created because of technological developments, but it can be difficult to step if it is hampered by the government. and when the bitcoiner lost trust, it was feared that a bubble would occur

[Seeker#9]

Bitcoin has a fixed numbers so there is a possibility that someday that miners will finally mines its last block. Unlike fiat which can be minted or produced by any central bank, bitcoin has to be halved to prolong its mining and produces more bitcoin on a limited basis.
At this time, many cryptocurrencies are also vying to become the next bitcoin but these coins has yet to prove something if they really qualified to succeed the leading cryptocurrency.

[aioc]

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 don't think it's going to happen, investors are responsible holders,you are not an idiot to hold a big amount of Bitcoin only to lose it forever because of your ignorance, and carelessness, I don't think there are still people who come in to buy Bitcoin without the knowledge first on how to treat his private key well.

[logicgate]

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 don't think it's going to happen, investors are responsible holders,you are not an idiot to hold a big amount of Bitcoin only to lose it forever because of your ignorance, and carelessness, I don't think there are still people who come in to buy Bitcoin without the knowledge first on how to treat his private key well.

  Those who are going to hold are going to make profit, so we know it is just saying people will say good and bad but we will have to trust only those who are with us and who want to see us successful. Crypto currency has good potential in market bitcoin is the best in all features we will have to trust and invest with it without even putting a single doubt on its growth.

[Pagri]

Undoubtedly there will be a greater disappearance of bitcoins every time, because many of those who now own bitcoin will tend to make erroneous transactions, forget their private keys, or they will die without revealing their bitcoin holdings. But I do not think that the proportion of bitcoins lost is of a significant magnitude, because even if 99% of the existing bitcoins were lost, the use of decimals could be extended from 16 to 20, 30 or more so that the bitcoin ecosystem can function optimally, which would also be reflected in an astronomical price of each bitcoin.

[Nellayar]

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?

If Satoshi Nakamoto had planned to seize bitcoin right now, then it may go to zero value. But as of now, it is hard to think that bitcoin will go back to zero. If that happens, cryptocurrency will decline and many of us here will find an alternative way to earn money. But as I think, there is no more to doubt in cryptocurrency. Many developers have expanded their knowledge in crypto space.

[Natalim]

At this time, many cryptocurrencies are also vying to become the next bitcoin but these coins has yet to prove something if they really qualified to succeed the leading cryptocurrency.

Sure there are coins that will try to compete with bitcoin as the market is getting bigger overtime.

However, people will not allow that, you see how big the dominance of bitcoin, that's because investors does put their trust more on bitcoin and I'm seeing it will still be the same reality in the future as bitcoin's discovery make this market that we are staying now alive and progressive.

[fortunecrypto]

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?

There are people who have lost access to their private key, but that does not mean that it will go down a minimal amount, we still have a lot of Bitcoin holders who are responsible Bitcoin holders, we must admit it Bitcoin is an asset and property if you're a holder will you want to lose access to your coins, of course, you will not.

[Janation]

True for now, Bitcoin will not die easily like that and leave all people who have trusted and invested their money in the form of virtual currency.

We should not even talk about this.

The fact that Bitcoin last in these years is proof that it will not die easily. There are a lot of people that use and holds it and keeps BTC going, it may dump but the only way after that is a pump. Also, don't say that Bitcoin will leave because if the price will dump, the reason for it is us, users and investors, it is not Bitcoin's will.

[Fredomago]

True for now, Bitcoin will not die easily like that and leave all people who have trusted and invested their money in the form of virtual currency.

We should not even talk about this.

The fact that Bitcoin last in these years is proof that it will not die easily. There are a lot of people that use and holds it and keeps BTC going, it may dump but the only way after that is a pump. Also, don't say that Bitcoin will leave because if the price will dump, the reason for it is us, users and investors, it is not Bitcoin's will.

Big whales loves to play with the price so it's not Bitcoin but those who's holding the large portions of it can do manipulates the value, surely many people such investors and believers will continue to make things to workout with this industry, it will not easily being dumped due to those people who will keep it alive and continue the cycle.

[Febo]

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?

Yes there will be less and less Bitcoins, but it is almost impossible to say that will cease to exist. That would be an really unlucky event.