Silberman
Legendary
Offline
Activity: 2562
Merit: 1345
|
|
April 30, 2018, 10:22:58 PM |
|
I don't think Bitcoin will exist any more when it reaches 21 million, unless it will change it's form, going perhaps POS.
That is never going to happen for several reasons but the most important is that basically you're asking that bitcoin has more than 21 million coins, and the developers and the miners are never going to allow that what makes bitcoins so valuable is that there is a set limit of coins that is never going to change, if it's changed everyone is going to lose confidence in the coin.
|
|
|
|
redhorsebeer1980
Newbie
Offline
Activity: 168
Merit: 0
|
|
April 30, 2018, 10:45:33 PM |
|
It is too early to say that bitcoin is an antique.When Bitcoin reaches this limited number I expect for demand to get even higher and the price will rise significantly. At this moment it's hard to predict the exact scenario but I expect the explosion of the price.
|
|
|
|
Amuloko
Newbie
Offline
Activity: 33
Merit: 0
|
|
April 30, 2018, 10:59:50 PM |
|
an Antique is something that has aesthetic or historical significance and is at least 100 years old. the thing about bitcoin is that it will become 100 years old at some point but it will always remain as fresh as ever since bitcoin is immutable so it will never get "old".
|
|
|
|
Avoni
Newbie
Offline
Activity: 1
Merit: 0
|
|
April 30, 2018, 11:00:49 PM |
|
Yes I think bitcoins will become antiques years from now
|
|
|
|
@Mhaiang
Member
Offline
Activity: 294
Merit: 10
W12 – Blockchain protocol
|
|
April 30, 2018, 11:07:30 PM |
|
There's no problem when bitcoin becomes antiques because as time goes by, bitcoin's value will become more and more expensive. Bitcoin is a long term currency and that is why hodling is essential to make you have an antique in the form of bitcoin.
|
|
|
|
daarul50
Legendary
Offline
Activity: 1596
Merit: 1034
|
|
May 02, 2018, 07:50:36 PM |
|
Depending on the conditions, if bitcoin still has a high demand when the supply runs out and the price is still high then bitcoin worth mentioning as a valuable antique or rare digital asset
|
|
|
|
iL_P4driNo
|
|
May 02, 2018, 07:56:06 PM |
|
Everything we use now will be antique someday, Bitcoin will last more long years before becoming just antique.
|
|
|
|
Feuerbach
|
|
May 02, 2018, 07:59:48 PM |
|
we know all the bitcoin has 21 million coins suply, will bitcoin be a valuable antiquity when it reaches 21 million coins or it will be the obsolete item that will be in its enthusiasts, what do you think?
If the volume of coins ceases to increase, and the demand grows, the price will be higher. (The smaller the volume, the higher the price. The higher the demand, the higher the price)
|
|
|
|
x xurtjati
Newbie
Offline
Activity: 132
Merit: 0
|
|
May 02, 2018, 08:00:21 PM |
|
I do not think bitcoin is an antiques but a special item
|
|
|
|
Fakrull
Jr. Member
Offline
Activity: 210
Merit: 1
|
|
May 02, 2018, 08:04:56 PM |
|
How can a bitcoin be an antiques, while the more days the more enthusiasts, If 21 million alcoin is already there its mine can still jg worth, even its price added high, If I do not find an excuse that bitcoin will be an antique sometime.
|
|
|
|
mull99
Member
Offline
Activity: 66
Merit: 10
|
|
May 02, 2018, 08:05:52 PM |
|
such as bitcoin will become anti-stuff in the future, according to a new study by Chainanalysis, a digital forensic company studying Bitcoin Blockchain, shows that 3.79 million Bitcoin is gone. these are high estimates of research findings, with their low estimates still sitting at an astonishing 2.78 million figure. This makes the percentage of lost coins based on what has been mined today up to between 17 to 23 percent.
Where do they go?
according to a breakdown supplied by Chainanalysis, their research appears to be quite thorough and little more than speculation.
in the segmentation of their lost coins in different ways, they have broken them into mined coins by 2017 - which they believe are still intact and available. it makes sense that there will be more cautious people in 2017 with the value of large quantities of coins.
when they refer to strategic investments, they see people who have kept their coins for a very long time, and probably will not disappear, but only grow in a stagnant position, so this bitcoin will be a rare item at some point
|
|
|
|
salamyman
|
|
May 02, 2018, 08:07:25 PM |
|
Digital antiques? That would be something new. New technologies never cease to amaze. Or you mean like the physical coins that exist? If bitcoin would get to be obsolete how much would you pay for such a piece of memorabilia?
|
|
|
|
Ethelbert Moore
Newbie
Offline
Activity: 110
Merit: 0
|
|
May 08, 2018, 05:09:39 PM |
|
I don't know what will happen in the future to Bitcoin and the world. There might be a war or the whole humanity might be read. We are not able to predict the future. If we continue to make Bitcoin better, there is a huge chance that it will survive a few years. All coins are predicted to be mined by 2130, you will be dead.
|
|
|
|
Silberman
Legendary
Offline
Activity: 2562
Merit: 1345
|
|
May 08, 2018, 11:20:33 PM |
|
such as bitcoin will become anti-stuff in the future, according to a new study by Chainanalysis, a digital forensic company studying Bitcoin Blockchain, shows that 3.79 million Bitcoin is gone. these are high estimates of research findings, with their low estimates still sitting at an astonishing 2.78 million figure. This makes the percentage of lost coins based on what has been mined today up to between 17 to 23 percent.
Where do they go?
according to a breakdown supplied by Chainanalysis, their research appears to be quite thorough and little more than speculation.
in the segmentation of their lost coins in different ways, they have broken them into mined coins by 2017 - which they believe are still intact and available. it makes sense that there will be more cautious people in 2017 with the value of large quantities of coins.
when they refer to strategic investments, they see people who have kept their coins for a very long time, and probably will not disappear, but only grow in a stagnant position, so this bitcoin will be a rare item at some point
Bitcoin has been very rare since it was created, satoshi created a coin with a limit of 21 million coins, and that is the maximum that there are going to be but as you say that doesn't mean that those are the coins in circulation, there are many lost coins, satoshi is holding a great deal of coins as well that he's never going to move, and there are whales that have a huge amount of bitcoin and they are not moving them either and this pushes the price up.
|
|
|
|
kingkonjac
Member
Offline
Activity: 308
Merit: 10
|
|
May 08, 2018, 11:29:12 PM |
|
if it reaches the 21 million it has 2 scenarios the first one it is a very valuable asset and the supply is over and the other one it is not used anymore and left out so the miners could reach it very soon and be an antique.
|
|
|
|
Ch01ce0N3
Jr. Member
Offline
Activity: 131
Merit: 1
|
|
May 10, 2018, 11:32:12 AM |
|
I think if the total of 21 million coins has been owned by people in the world, then its existence could be antiques and rare. So many people want to have it. Even the price will increase sharply. That's just my own subjective view. No more.
|
Mycro Jobs 〈 SIMPLY GETTING THE JOB DONE ⟩
|
|
|
Lannie25
|
|
May 12, 2018, 04:19:43 AM |
|
Yes, bitcoin will be antiques, theres a possibility that it will be because antiques significance as a long term and especially in this business in cryptocurrency industry so its possible.
|
|
|
|
aljun107
Member
Offline
Activity: 63
Merit: 10
|
|
May 12, 2018, 04:24:55 AM |
|
I dont think that bitcoin will become antique because antique requires some age to be valuable and bitcoin is already valuable and still being continued to use by its user. So stopping it for an amount of year is required but then again it has already its value.
|
|
|
|
Kolly
Member
Offline
Activity: 208
Merit: 10
|
|
May 12, 2018, 04:32:39 AM |
|
we know all the bitcoin has 21 million coins suply, will bitcoin be a valuable antiquity when it reaches 21 million coins or it will be the obsolete item that will be in its enthusiasts, what do you think?
If another technology would arise better than bitcoin and more reliable and useful then bitcoin will be considered as an antique because it will grow old. An antique that has no value that is.
|
|
|
|
gogrowglow
Jr. Member
Offline
Activity: 308
Merit: 5
|
|
May 12, 2018, 04:46:31 AM |
|
We do not know what will happen in the future to Bitcoin and the world. If we think of the total 21 million coins that will be owned by people in the world, then its existence could be antiques and rare.
|
|
|
|
|