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Author Topic: people die, bitcoin's immortality  (Read 352 times)
Kolikalex55
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December 30, 2018, 10:54:53 AM
 #21

An interesting article, I think that in view of the fact that bitcoin becomes less price will grow on it and if a person does not pass them by inheritance or just do not have time to do it will be even less. I think that bitcoin is predisposed to growth and it has no analogues.

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Zillur8409
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December 30, 2018, 11:57:38 AM
 #22

yes bitcoin is immortal, no matter about the price in the future, bitcoin will immortal it will still exists in the future and i think it is the good thing of bitcoin user and holder
For the globalization and digitalization, Bitcoin will be the future of money. Now a days people are showing huge interest to join in Bitcoin. Bitcoin will exist for ever because next generation will use it for their every necessary activities.

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December 30, 2018, 12:09:52 PM
 #23

yes bitcoin is immortal, no matter about the price in the future, bitcoin will immortal it will still exists in the future and i think it is the good thing of bitcoin user and holder

You cant say those things yet because it is too early  . anything can happen , what if satoshi decides to shut bitcoin down ? Because many people are still complaining blah blah blah or what if bitcoin will collapse and die permanently because it is really a huge bubble ?  Etc...

Nothing is immortal in this world aside from the creator ( god )  .   but lets forget all those possibilities for a while because those things are not good .  i also love bitcoin to last for a long time because it also give me alot of benefits that i cant find anywhere .

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December 30, 2018, 02:02:52 PM
 #24

I find that there is a lot of hostility and sarky comments on bitcoin forum. Had several accounts over several years and no matter what people post, there is always someone there to be a moany little punk. I and everyone else don't get paid to write our thoughts, who are you to judge what i write. So you think your so clever and superior to everyone else, show me.

Create a single none manipulated thought. Post it and we will see how smart you actually are Mr Smartguy.
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December 30, 2018, 03:32:20 PM
 #25

A lot of BTC will be lost over time but the rate at which it is lost will only decrease. People would have been careless with it in the early days because they wouldn't have considered its future worth. One big difference with BTC is unlike fiat - if someone else finds your lost BTC they can't just pick it up and use it, or if you die it can't easily be passed on.

You have a point there. Well as for me bitcoin will only be immortal if and only if the bitcoin that possess or acquire by someone can be passed on easily to other people after he or she died. It is indeed that people will die and will leave bitcoin as is but that doesn't mean bitcoin can be immortal.

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December 30, 2018, 03:37:23 PM
 #26

It's become the great opportunity for all people to own bitcoin because it's getting rare from time to time.
Of course before I die, I will turn out all of my bitcoin profit into fiat so it's not a major problem at all.

The problem only how far you can convince people to keep invest on it !

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December 30, 2018, 04:51:17 PM
 #27

When people die, bitcoin supple will be less if some person keep hidden and no body know about some one was pas away have and save bitcoin at their wallet.
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December 30, 2018, 05:45:34 PM
 #28

yes bitcoin is immortal, no matter about the price in the future, bitcoin will immortal it will still exists in the future and i think it is the good thing of bitcoin user and holder
Right, bitcoin is immortal cause bitcoin did not died they will continue exist in the future and continues give us profit and no matter what happen in there value.

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December 30, 2018, 06:07:21 PM
Last edit: December 30, 2018, 07:56:20 PM by aoluain
 #29

How can we know that 4,000,000 coins have been lost? The only ones lost
Are those sent to non bitcoin addresses or those which were mined in the
early days and have been destroyed by hardware being destroyed. There
are other cases of passwords and private keys to wallets being forgotten.

It is true that wallets will be rendered defunct due to owners death. We must
all be aware of this and take precautions. My Son knows where the private
keys to my wallets are should I die unexpectedly.

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CryptoToxicAvenger
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December 30, 2018, 06:59:15 PM
 #30

I think in the future people will think more carefully about storing their bitcoins. We're not immortal, so we have to figure out how our family can get our money. On this topic, there are already several discussions and there are considering options for how to save your bitcoins after death.
Yeahpro
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December 30, 2018, 07:53:25 PM
 #31

People are becoming more aware of their assets and it's safe keeping, as it's true value is beginning to unfold.
I believe that bitcoin holders should be considering the transition of their assets as it gets handed down after them. This would help prevent loss of bitcoins due to unforseen circumstances.
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December 30, 2018, 08:01:56 PM
 #32

4 million are said to be lost and as more newbies lose their private keys more bitcoins will be lost. Demand will increase as it goes further into mainstream. Both factors means the price will pump

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December 30, 2018, 08:04:36 PM
 #33

Who care if we will die
When i will die then for i will not take care of some private keys
For sure something has to happen on bitcoin blockchain because of energy use
Already now bitcoin miners have problems to find place to mine bitcoin
As for now i am waiting for bitcoin sidechain
It will be big steps for bitcoin

 
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