Bitcoin eventually disappear...

[BLAST2MARS]

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 this even considered a problem. Like the previous comments, low supply and higher demand means higher value of bitcoin. That's what all of us who has bitcoin would like to happen but I know that people who lost access to their bitcoin will become a very rare case in the future. But if it still unavoidable then I'm more than prepared to see a value of 1 satoshi equivalent to $10-$100.

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[Janation]

Bitcoin just reached $9000 today, this is not a sign that it will disappear, looks like it's here to stay and we won't be able to reach more worry thread like this in the future, people now are more interested in discussing its positive future.

That is so amazing.

I was quite shocked when I read your post since as far as I know, the last time I checked it is at $8500, that is really fast. I wonder how much more it will increase in the next weeks since it is getting more stable as time passes. I hope it continues for some time.

[Barbut]

Bitcoin just reached $9000 today, this is not a sign that it will disappear, looks like it's here to stay and we won't be able to reach more worry thread like this in the future, people now are more interested in discussing its positive future.

That is so amazing.

I was quite shocked when I read your post since as far as I know, the last time I checked it is at $8500, that is really fast. I wonder how much more it will increase in the next weeks since it is getting more stable as time passes. I hope it continues for some time.

This is not amazing yet, what is Bitcoin capable of doing is yet to be seen. Check out speculation section, there you can see many different predictions, some people are predicting $100k in the next two years! Bitcoin will not disappear, it`s here to stay. There were FUD topics before, there will be FUD topics in the future, don`t pay attention to them, just keep stacking sat`s and you will be fine in the long term!

[uray]

Bitcoin is Finite no matter how long it takes bitcoin will eventually ran out one day but before that happens a new cryptocurrency will probably emerge that will be able to replace bitcoin. it may not be as good as bitcoin but it will be the one who continue the Bitcoin legacy.

Amused with all the responses here, if you really think that bitcoin will eventually be replaced by another coin then no one in the right might out would invest in anything that will eventually run out  . Bitcoin is here to stay and nothing is going to replace it and it will not run out of coins, in the beginning some people lost their coins because they were not serious about storing the keys as it has no valuation and that is not the situation now.

[shoreno]

Bitcoin is Finite no matter how long it takes bitcoin will eventually ran out one day but before that happens a new cryptocurrency will probably emerge that will be able to replace bitcoin. it may not be as good as bitcoin but it will be the one who continue the Bitcoin legacy.

Amused with all the responses here, if you really think that bitcoin will eventually be replaced by another coin then no one in the right might out would invest in anything that will eventually run out  . Bitcoin is here to stay and nothing is going to replace it and it will not run out of coins, in the beginning some people lost their coins because they were not serious about storing the keys as it has no valuation and that is not the situation now.

bitcoin isnt the only coin that people are investing with because there were tons of coins out there and they are not as good as bitcoin but they can still be used for money making purposes in the form of trading or investing and yes bitcoin will soon run out of supply but that does not mean that bitcoin will eventually dissapeared in thin air . there will still be bitcoin that will circulate  . people will sell and buy bitcoins again and again and it will be a never ending cycle .

[Rufsilf]

Bitcoin is Finite no matter how long it takes bitcoin will eventually ran out one day but before that happens a new cryptocurrency will probably emerge that will be able to replace bitcoin. it may not be as good as bitcoin but it will be the one who continue the Bitcoin legacy.

Amused with all the responses here, if you really think that bitcoin will eventually be replaced by another coin then no one in the right might out would invest in anything that will eventually run out  . Bitcoin is here to stay and nothing is going to replace it and it will not run out of coins, in the beginning some people lost their coins because they were not serious about storing the keys as it has no valuation and that is not the situation now.

bitcoin isnt the only coin that people are investing with because there were tons of coins out there and they are not as good as bitcoin but they can still be used for money making purposes in the form of trading or investing and yes bitcoin will soon run out of supply but that does not mean that bitcoin will eventually dissapeared in thin air . there will still be bitcoin that will circulate  . people will sell and buy bitcoins again and again and it will be a never ending cycle .

Agree, even if all bitcoin will be mined it will still circulate in the market, in my understanding if we say bitcoin will disappear that means that no one will use and that countries prohibited the use of bitcoin but considering bitcoins popularity these days, I don't think no one will use and also with the price hit $9k, more investors will come out.

[Wellyan]

I doubt it will disappear, Bitcoin is on its tenth year and we have a majority of responsible users who knows how to take care of their wallet, and newbies are not lacked tutorials on how to protect their coins and their private key, there are so many articles about it online and so many youtube videos as well.

right what you convey crypto or bitcoin currency is growing or missing it depends on the government and the investor itself so if the investor doesn't trade bitcoin again and the government forbids it hard maybe also b itcoin will disappear

[FlightyPouch]

There were FUD topics before, there will be FUD topics in the future, don`t pay attention to them, just keep stacking sat`s and you will be fine in the long term!

There is a lot of FUDs in the past and we did not budge to stop investing, that is the reason why we are still here and Bitcoin is here to stay, and we also should keep it that way. FUDs will be FUDs, if you let them affect yourself. you lost. You should not let those FUDs get into your head since you will be overthinking your strategy and might give you a bad result. Bitcoin will not disappear with this community.

[freedomgo]

Bitcoin wont disappear it will stay forever, as bitcoin will be used widely and will be regulated in every country in the long run.

That's my vision for bitcoin and actually the entire crypto market, excluding the scams.

Bitcoins  price will definitely increase in the coming years.

As a believer, we are expecting that, but no assurance so it's still necessary that we have the trust on whatever happen to the price.
What if we reach a new ATH this year and next thing will happen is another long bear run again, that way, only the short term traders makes money and we long term traders has to be more patient.

[marcbitcoins]

Yes, some parts of the Bitcoin did disappeared due to human error during transactions but now most of the new comers and the users are now vigilant on every transaction therefore even some fractions of Bitcoin disappeared and wasted before we have still huge reserves from the 21M total supply which is hard to deplete.

[idham29]

I also doubt will dissapear as long as we have people who use it, miners and nodes who will maintain network on and exchanges and merchants who accept it bitcoin will have long life.

I see bitcoin like getting up from sleep, where 2018 slips so experts estimate bitcoin will die. Apparently they were wrong, bitcoin woke up and immediately hit the market with a significant price increase.
A few days ago the price of bitcoin touched USD 12821 even though today it fell to USD 11455, this is a signal that bitcoin will not die. Bitcoin  I predict until the end of this year can reach USD 20,000.

[DigitalGemToken]

It's possible... after a very long time, Bitcoin might disappear, even though it's very divisible, if enough Bitcoin gets lost, it is technically possible for all 21 million Bitcoins to be in wallets that no one has access to...

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[Questat]

Yes, some parts of the Bitcoin did disappeared due to human error during transactions but now most of the new comers and the users are now vigilant on every transaction therefore even some fractions of Bitcoin disappeared and wasted before we have still huge reserves from the 21M total supply which is hard to deplete.

That is given since everyone commits an error as we are just humans, however, the majority of the supply will still remain as in most cases, only small number of bitcoin are lost since big holders are more careful as they know if it's lost it will be lost forever.

I believe in the future there will be banks for bitcoin, a secured one which might be covered with insurance as in the long run, bitcoin will be more valuable and actually the big investors really need some assurance that there assets will be safe.

[bettercrypto]

Do not be afraid OP. Everything is following in side of bitcoin. It will not disappear because many people still care of it. But let just think that it may lose its value soon. That is a fact. There are many threats in bitcoin. Of course, it may sustain today but we do not know what will happen in the future. As of now, we just need to utilize everything in bitcoin. We should also show the interests to use it as means of payment.

[1982dre]

Maybe OP is right, but when it happens it will be in 4022 so I think they will have already some other solution for that.

[mbluxs]

I doubt it will disappear, Bitcoin is on its tenth year and we have a majority of responsible users who knows how to take care of their wallet, and newbies are not lacked tutorials on how to protect their coins and their private key, there are so many articles about it online and so many youtube videos as well.

right what you convey crypto or bitcoin currency is growing or missing it depends on the government and the investor itself so if the investor doesn't trade bitcoin again and the government forbids it hard maybe also b itcoin will disappear

I am still so sure that crypto and bitcoin will last a long time. although sometimes the government prohibits the circulation of bitcoin in every country. but even though many governments disagree, there are still many people who have used it to date.

[gwdf1]

Yeah I think it can be disapear but not yet, maybe in 20 or 30 years..

If it will disappear, it would not reach that long, it would disappear maybe less than 10 years from now, but I doubt the possibility because if we look at bitcoin's fundamentals, we are seeing great progress and therefore I'm expecting a growth because this is not a bubble like other people are thinking.

Its popularity may become not as great as now but it cannot simply disappear. The last Bitcoin will be mined not in 10 but in about 40 years. After that, no one knows what can happen with BTC. Our kids will get the answer.

[Best Dreams]

I doubt it will disappear, Bitcoin is on its tenth year and we have a majority of responsible users who knows how to take care of their wallet, and newbies are not lacked tutorials on how to protect their coins and their private key, there are so many articles about it online and so many youtube videos as well.

right what you convey crypto or bitcoin currency is growing or missing it depends on the government and the investor itself so if the investor doesn't trade bitcoin again and the government forbids it hard maybe also b itcoin will disappear

I am still so sure that crypto and bitcoin will last a long time. although sometimes the government prohibits the circulation of bitcoin in every country. but even though many governments disagree, there are still many people who have used it to date.

Still now I have never seen any country who disliked bitcoin, as bitcoin makes country economically good, it gives jobs and gives new opportunities to our generations, so I am sure it will never lose value but it will gain more value, I think with time bitcoin will become more strong and more popular it will be the most famous crypto currency.

[pinkman12345]

All efforts that tend to diminish the domination of bitcoins so far has been proved futile. The more they try to supress btc the more giant it grows.

[Janation]

we don't know whether bitcoin will continue to number 1 or it may disappear. just pray. because the coins that still survive and must always be there and the increase in bitcoin will always continue.

Prayers can't do anything.

If you want to, you can do that but I don't think it will make Bitcoin "continue to number 1". If the demand for Bitcoin depends on the prayers of the users they've made, then I think that would work out. It is the most popular and most expensive cryptocurrency in the market, I don't think people will let that profit generator go down like that.