khan149
Copper Member
Sr. Member
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Activity: 463
Merit: 251
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December 23, 2017, 05:59:30 AM |
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Bitcoin holder always rock.There is no problem even if bitcoin decreases. It will increase.I think Bitcoin will again be $ 25,000.Now this problem is due to Christmas. I hope that bitcoins will continue to grow again after some time.
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Lalafell
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December 23, 2017, 06:05:35 AM |
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Dear team
I need to know that if a bitcoin holder dies with 100btc. Then what happended to btc ? Useless If family member knows no problem. What if not
I think if the bitcoin holder dies the coins that they have will probably gone because they are only one who can access it. In addition to that, if they pass it in their son or daughter I think the bitcoin that they will still in their wallet because they can access it.
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ashfer
Full Member
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Activity: 353
Merit: 100
https://luxantdigitalbank.com/
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December 23, 2017, 06:07:12 AM |
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If the btc holder dies without passing any information about their btc to the nearest family member all the btc will stay as unused as a frozen coin.Unless a hacker hack in a steal the coins it remains as it is.If you want your family to enjoy the profit even after you pass away it is better you pass your private key information to someone you trust from your family so that they can use it even after you are gone.Or maintain the records in your safe locker for your family to use.
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coynedterm
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December 23, 2017, 06:20:53 AM |
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Dear team
I need to know that if a bitcoin holder dies with 100btc. Then what happended to btc ? Useless If family member knows no problem. What if not
This question is itself a question in his own way , Because if any person have such a big amount than surely he will not remain hide to his family and also he will no more hide to Thier trusted person , with such a big amount he will surely tell to their memeber that how you're this big amount because to earn bitcoin in bulk amount is not a easy task , so surely he will expose to his family . Here I myself have a friend in another city ( 1000 km far from my house ) since I have not yet meet face to face but still I know he is trust and I told him that when I got died then please get my private key from my place ( secret in online ) and sell them for money .
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kuyaJ
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December 23, 2017, 06:51:49 AM |
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These are those possible chance if the holder of a coin will hold forever- The number of supply was too low and if the demand was high, the value of a coin was pump and pump until the supply use their coin to circulate the price of bitcoin that can cause to dump bitcoin.
- It is like the whales. Whales must have a 10 million to 100 million coins. The Whale those control the price of the coins on market.
- The supply was getting low because they cannot copy a piece of bitcoin
- The coin was not circulate like the bitcoin of Satoshi Nakamoto, the founder of Bitcoin. He has a million Bitcoin that's why almost million of bitcoin does not circulate
- The coin was being trash
Every coin can affect the price by its coin and also the value of another coin.
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Destroyeroff98
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December 23, 2017, 06:52:55 AM |
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Dear team
I need to know that if a bitcoin holder dies with 100btc. Then what happended to btc ? Useless If family member knows no problem. What if not
Just in the world will remain less bitcoins. Accordingly, Bitcoin may increase slightly in price.
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lelahkenabanned
Member
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Activity: 329
Merit: 10
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December 23, 2017, 07:00:02 AM |
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Dear team
I need to know that if a bitcoin holder dies with 100btc. Then what happended to btc ? Useless If family member knows no problem. What if not
if the owner of the dead bitcoin is likely his wealth is still stored in the market or other because no one knows the private key that belongs to him unless we use an official letter for withdrawal of funds.
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VPoro
Full Member
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Activity: 201
Merit: 100
Decentralized Ascending Auctions on Blockchain
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December 23, 2017, 07:34:45 AM |
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If their relationship members know their private key of wallet. they can own those Bitcoin. If not, those coins exist but no one can use them.
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Cr7go4
Newbie
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Activity: 16
Merit: 0
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December 23, 2017, 07:38:31 AM |
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If the bitcoin holder die then first it should be confirm that he is die if he is thenough all the bitcoin should given to there family also with some extra coin so that there family can support themself
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Marry Finch
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December 23, 2017, 08:03:02 AM |
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If the bitlocker holder dies without leaving anyone with information about passwords and secret keys to access these bits, they remain encrypted in the blockchein block chain. However, we can not say that they disappear forever. They stay there until someone chooses a digital password and opens access to them. While such a technological opportunity does not exist. However, quantum computers may soon appear that can pick up digital keys of any complexity, including, to my knowledge, passwords of this level of complexity. That is, in the future there will be an opportunity to gain access to lost bitkoynam. However, this new technology poses a potential threat to the safe existence of crypto currency. How to solve this problem, while it is difficult to say.
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LogitechMouse
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Merit: 1045
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December 23, 2017, 08:12:02 AM |
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If anybody the holder trusts gave the private key or the passphrase or the password into his/her bitcoin then that person can withdraw it and convert it into fiat money. If the holder doesn't gave its private key to anybody, its either someone who knows about bitcoin will search in his/her device where he/she logs in his/her account or if nobody can then that bitcoin will be lost FOREVER.
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TWagner92
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Activity: 85
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December 23, 2017, 08:14:41 AM |
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Of course no one can touch it. It can't be mined or be owned by someone. Although it can be hacked. Aside from that there is no way it can be used it will be lost forever.
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Baimovic
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December 23, 2017, 08:16:13 AM |
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if no one else knows, and all his family do not know, then they will not get bitcoin. then the solution is to inform about the bitcoin you have to the family. they deserve to know it and get bitcoin when the owner dies.
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rockem5
Member
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Activity: 69
Merit: 10
Antifragile
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December 23, 2017, 08:30:13 AM |
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i've read in the past that a dude made a certain script that sort of asks the owner if he's alive like every month. and if he didn't reply after a few months, the keys would automatically be sent to a certain relative. cool stuff.
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ethereumhunter
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December 23, 2017, 08:30:59 AM |
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the bitcoin will be staying in the wallet unless his family know the private keys and know how to use it. but if there is no one knows then the bitcoin cannot be used by every people although he knows the address. I think if we want to give our bitcoin, we need to give all info that we have to someone then they can get access to our wallet and maybe they can use it for good things.
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ttlnnt
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December 23, 2017, 08:36:47 AM |
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if nobody knows about how to get into the wallet (password, private key, etc.) these BTC are gone, nobody can get it. That's why if you hold a good amount of BTC you should have trusted friend or family member to have all the information to recover your coins, but this would happen also for your bank account, when you're gone everything's coming with you, in the /dev/null Absolutely!! It's prudent to keep a trustworthy person as your secret keeper. Otherwise all your wealth is gone!!
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yusupjatigumilar
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December 23, 2017, 08:48:04 AM |
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Hence something we do must be known by our families that we believe because when something happens to us at least the family can know and find a solution, as well as bitcoin, if bitcoin holder dies then the bitcoin can not be used unless there is a family or heirs who know the username and trading account password of the dead holder.
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zolfa
Member
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Activity: 518
Merit: 11
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December 23, 2017, 09:00:51 AM |
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it will disappear all, and your family can not enjoy bitcoin. then I suggest that you inform your bitcoin to the family. so that, when you die, you will inherit the bitcoin.
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bocyaj
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December 23, 2017, 09:07:33 AM |
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it will disappear all, and your family can not enjoy bitcoin. then I suggest that you inform your bitcoin to the family. so that, when you die, you will inherit the bitcoin.
What you will do If you inverse in any Market trading?? You will share the knowledge of that to your family members and friends Right.So as like that you need to inform to your family members about bitcoin investment .Because you had invested the hard earned money in Bitcoin.Even if you die,your son or daughter will use of that bitcoin for their expenditure in future.
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sirenmoon
Member
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Activity: 121
Merit: 13
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December 23, 2017, 09:14:05 AM |
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That would be very unfortunate situation cause with the death of the bitcoin holder there also comes the "death" of the wallet. If the user has not stored his private key anywhere or trusted his wallet belongings to anyone the wallet will be forever lost in the wastes of the internet. If someone has a lot of the Bitcoins the best thing would be to share his private key with someone of importance, maybe not the private key but the storage of the private key. The best thing would be paper storage for the private key.
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