Miss Bitcoin

[AdTraxis]

What happens if someone loses their bitcoin? Let's imagine that I buy 10,000,000 bitcoin for example. Does the system need to re-create those money?

There's nothing like 're-creating' new bitcoins. Once they are lost, they'll be gone for good. Chainalysis(digital forensics firm) estimates that around 4million bitcoins have so far completely disappeared (out of circulation) and this is based on a detailed empirical analysis of the blockchain.

[Alex_nutis]

I think that in our time, bitcoin is lost only to beginners who have 0.1 or 0.05 bitons. Any person who has 0.3 bitcoins and above will take all security measures.
If the bitcoins were lost, they would be lost forever.

[JennetCK]

What happens if someone loses their bitcoin? Let's imagine that I buy 10,000,000 bitcoin for example. Does the system need to re-create those money?

It will not re-create the money that you used to buy bitcoin or the 10,000,000 bitcoin will not be created again. There is a 21 Million total supply of bitcoin and it will not be created again. If you lost it, then it's you loss. That's a huge amount you got. It will be your biggest regret in this world.

[neo444]

If someone loses their bitcoin he can't back his btc and it is gone forever and for that reason you need to invest and work with your btc in trust sites to make more btc and for don't losing your bitcoin

[datodota002]

If you lose your bitcoin with that amount you will be make the market price floating. and make bitcoin player become more less because with that amount bitcoin price will very expensive and only the rich can buy it. bitcoin will not re-created.

[jaylhynne018]

What happens if someone loses their bitcoin? Let's imagine that I buy 10,000,000 bitcoin for example. Does the system need to re-create those money?

i think it will be lost forever and i think the price of bitcoin can will be increase at the high price so for me if that happen i will miss my bitcoin forever.

[Kidmat]

If someone loses their bitcoin he can't back his btc and it is gone forever and for that reason you need to invest and work with your btc in trust sites to make more btc and for don't losing your bitcoin

When someone lost or missed bitcoin the answer could not be revertible. Every transactions that we have is already final and it is already processed in blockchain. Yes this is also important that we have to verify if legit before you put your money. However, private keys of your bitcoin must keep in a safe wallet or else it will gonna miss already.

[crzy]

There’s no way to get back your bitcoin unless you know that person but since we are in a world that people are full of greed you have to say goodbye for that. Secure your bitcoin if you can’t afford to loss it don’t trust anyone you don’t know personally.

[oppasong]

What happens if someone loses their bitcoin? Let's imagine that I buy 10,000,000 bitcoin for example. Does the system need to re-create those money?

If it happened to me I would definitely regret it because by losing 10,000,000 I lost a savings I've saved for years, but it's all back to me personally for how I keep so much bitcoin well.

[abhishek273b]

 :)There are thousands people lose their private keys every day. And it does not effect in Bitcoin value. Besides, those Bitcoin can not be used because no one know the private keys.

[boboking]

Sadly no, as long as they do not remember their private key then it wont be touch.

Your example is too big i bet people who have that kind of bitcoin have write or have back up plan to recover that huge amount.

[COINISM0001]

I wish Bitcoin was my GF.

I would be happiest BF around LOL

[anjaydut]

the lost coin will not be able to come back again, and no system will be responsible
because keeping the private key is the responsibility of the bitcoin owner himself

[Harley29]

What happens if someone loses their bitcoin? Let's imagine that I buy 10,000,000 bitcoin for example. Does the system need to re-create those money?

Those money will stay lost forever and the price of BTC will increase even more as the demand will increase as well.

I also think that as the request from the market increases, but the supply decreases, the price of the bundle will start to increase and may increase more than ever.

This is the problem that people are demanding for bitcoin but the supply is very short maybe this is the reason that price of bitcoin is also increasing. With each passing time more people are getting aware of bitcoin potential and benefits so they are tending to investing in it so with increasing investors’ price of bitcoin will also grow and increase with it. Bitcoin is currency and it will be using forever now matter how much people show interest for it.

[bitvelk]

What happens if someone loses their bitcoin? Let's imagine that I buy 10,000,000 bitcoin for example. Does the system need to re-create those money?

This way you will only lose your money forever and no one will be able to use it. So it's better not to experiment, keep all your keys and passwords in safe places and keep working for yourself.

[heureca]

What happens if someone loses their bitcoin? Let's imagine that I buy 10,000,000 bitcoin for example. Does the system need to re-create those money?

I don't think that it could be possible. You are responsible for your private keys, passwords and etc. In case of missing your logging data it will be your fault only

[lovepale]

If you buy a large amount value of bitcoin you can over power the price. You can handle everything in the market place. Then you are the one who is richest person in the planet earth. They will not creates again another supply of bitcoin because bitcoin supplies is limited and created to last in the long run. If they will create new probably they will make it in a litebitcoin something like that the furnace of bitcoin. In addition there is no way to do another money for bitcoin.

[hardhouseinc]

How can you loose your bitcoin? You mean if you loose your passwords and you can never recover it? I don't think they create new bitcoins for the missing ones

[moneyangel]

What happens if someone loses their bitcoin? Let's imagine that I buy 10,000,000 bitcoin for example. Does the system need to re-create those money?

I think it will lose forever if you can't find the private key on that wallet. The system will no longer replace that because bitcoin has fix quantity and it will increase the price of the remaining coins as the actual circulation supply will reduced due lost accounts.

[Cryptogodfather]

That's absolutely impossible