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Author Topic: Things on my mind about bitcoin lately  (Read 1018 times)
Hippos4ever
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May 29, 2018, 12:38:08 AM
 #1

So I obviously hope I never have to deal with the first of these two issues I have but what if Gaven Andresen dies off and doesn’t pass on the alert/control features that Satoshi bestowed to him, would community have to legit hard fork to even stay in the realm of ‘new development’ not sure how that works as I’m not a dev at all, hence my question. Not sure how the BIP’s are actually approved or implemented and ATM believing is all basically comes down to getting Gavin’s ultimate approvi. Which like I said I worry may at some point ultimately be a issue.

Another thing I’ve wondered since getting into BTC is what happens when all BTC are mined, people hodl, and people die? Is there any contingency in place or being planned to recover stale or dead bitcoins in wallets that are OBVIOUSLY non active addresses? Or will everything that is owned by dead investors or give up investors be doomed to simply be a burn loss?...
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May 29, 2018, 12:51:57 AM
 #2

Wow.... Maybe if what you say happen.. Bitcoin will be die because cannot be mine again. And it will be bad dream for investor.

For better alternative we can invest to altcoin are support blockchain 2.0 dst.
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May 29, 2018, 01:04:20 AM
 #3

Wow.... Maybe if what you say happen.. Bitcoin will be die because cannot be mine again. And it will be bad dream for investor.

For better alternative we can invest to altcoin are support blockchain 2.0 dst.

I personally would like to believe the BTC community can resolve these potential problems internally... not saying that other alt coins don’t have purpose or place but I honestly believe most of them are frauds and distractions from the ultimate goal that is a crypto CURRENCY.
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May 29, 2018, 01:11:30 AM
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 #4

So I obviously hope I never have to deal with the first of these two issues I have but what if Gaven Andresen dies off and doesn’t pass on the alert/control features that Satoshi bestowed to him, would community have to legit hard fork to even stay in the realm of ‘new development’ not sure how that works as I’m not a dev at all, hence my question. Not sure how the BIP’s are actually approved or implemented and ATM believing is all basically comes down to getting Gavin’s ultimate approvi. Which like I said I worry may at some point ultimately be a issue.

Another thing I’ve wondered since getting into BTC is what happens when all BTC are mined, people hodl, and people die? Is there any contingency in place or being planned to recover stale or dead bitcoins in wallets that are OBVIOUSLY non active addresses? Or will everything that is owned by dead investors or give up investors be doomed to simply be a burn loss?...

Bitcoin is open source, so even if all the current devs with Bitcoin Core got hit by a truck it wouldn't matter. There are other teams working with the consensus protocol and new devs could just pick up and continue the work. Besides, I don't think Gavin has even had commit access for years, so I don't think your worry about his access is even remotely accurate.

Lost bitcoins are lost. There is no plan to steal/"recover" "lost" bitcoins as such would be fiercely opposed by anyone who thinks it though. It just makes the remaining bitcoins more scarce and valuable, and how do you know which bitcoins are truly lost/unrecoverable, and which are simply being held by a very patient and quiet hodler? (Hint: you can't.) Everyone should consider their inevitable demise and plan accordingly for how they want their cryptocurrency dispositioned when they die, if they don't want it lost or randomly snagged by the first tech-savvy person with access to their belongings once they die.

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May 29, 2018, 01:13:55 AM
 #5

Wow.... Maybe if what you say happen.. Bitcoin will be die because cannot be mine again. And it will be bad dream for investor.

For better alternative we can invest to altcoin are support blockchain 2.0 dst.
Bitcoin on last year is so high value, everyone amazed about the price. So its so much people are using bitcoin because they hope its the answer to all the financial problem. But in this year why bitcoin is so low, everybody still hoping it will be okay just like last year so that everybody can enjoy their bitcoin.
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May 29, 2018, 01:17:15 AM
 #6

Do you have some sort of time dilation problem? Gavin Andresen has been Bitcoin toast for several years, and the writing was probably on the wall after the CIA replaced him with an android all those years ago.

And what is an OBVIOUSLY inactive wallet? There's no such thing. We have no idea what plans people have for their coins. I doubt they'd be best pleased if they were stolen from them. What you do with your own property should be your business and no one else's. If there was ever a hint of forks to reclaim 'lost' coins I'd be out of here.


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May 29, 2018, 01:21:17 AM
 #7

Wow.... Maybe if what you say happen.. Bitcoin will be die because cannot be mine again. And it will be bad dream for investor.

For better alternative we can invest to altcoin are support blockchain 2.0 dst.

I personally would like to believe the BTC community can resolve these potential problems internally... not saying that other alt coins don’t have purpose or place but I honestly believe most of them are frauds and distractions from the ultimate goal that is a crypto CURRENCY.

It's a possibility, this is one of the things that will contribute to bitcoin's downfall, but we have a lot of emerging coins in the market, but I don't know how can this things be resolve except for a fork or another bitcoin fork to replace bitcoin.
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May 29, 2018, 01:23:18 AM
 #8

Wow.... Maybe if what you say happen.. Bitcoin will be die because cannot be mine again. And it will be bad dream for investor.

For better alternative we can invest to altcoin are support blockchain 2.0 dst.

I personally would like to believe the BTC community can resolve these potential problems internally... not saying that other alt coins don’t have purpose or place but I honestly believe most of them are frauds and distractions from the ultimate goal that is a crypto CURRENCY.

It's a possibility, this is one of the things that will contribute to bitcoin's downfall, but we have a lot of emerging coins in the market, but I don't know how can this things be resolve except for a fork or another bitcoin fork to replace bitcoin.
  For me bitcoin its a trade,crypto currency.
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May 29, 2018, 01:30:22 AM
 #9

Do you have some sort of time dilation problem? Gavin Andresen has been Bitcoin toast for several years, and the writing was probably on the wall after the CIA replaced him with an android all those years ago.

And what is an OBVIOUSLY inactive wallet? There's no such thing. We have no idea what plans people have for their coins. I doubt they'd be best pleased if they were stolen from them. What you do with your own property should be your business and no one else's. If there was ever a hint of forks to reclaim 'lost' coins I'd be out of here.



In answer to your question of a(n) obviously inactive BTC wallet is impossible for some to maybe fathom at this point but let’s assume this. BTC makes it past the point of a new block transaction and starts relying solely on miner fees which I believe if I’m not wrong is set to happen sometime around 21(something)AD, we could most likely assume that anyone holding a BTC Wallet at that time (if showing no activity for say 50-60 years) is probably lost, and there therefore (IMO be reclaimed) after a alert to the wallet hodler.

I am aware that is a long off worry and one that might not ever happen but I just thought I’d put it out there.

You can not assume a finite currency will survive more than several centuries, if for not other reason it will get lost. Especially with one so finite and complex as BTC.

Also; thanks for the Gavin info, above people. I was just wondering if he still had the final say as I saw he did commit to the latest core update...
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May 29, 2018, 02:04:50 AM
 #10



In answer to your question of a(n) obviously inactive BTC wallet is impossible for some to maybe fathom at this point but let’s assume this. BTC makes it past the point of a new block transaction and starts relying solely on miner fees which I believe if I’m not wrong is set to happen sometime around 21(something)AD, we could most likely assume that anyone holding a BTC Wallet at that time (if showing no activity for say 50-60 years) is probably lost, and there therefore (IMO be reclaimed) after a alert to the wallet hodler.

I am aware that is a long off worry and one that might not ever happen but I just thought I’d put it out there.

You can not assume a finite currency will survive more than several centuries, if for not other reason it will get lost. Especially with one so finite and complex as BTC

Coins should remain in wallets for 50,000 years and maybe that's what their owners are aiming for.

Forking to grab them sets a 100% unacceptable precedent and it would shit on everything bitcoin had built over the years. You could never depend on its immutability again and that's its prime purpose.

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May 29, 2018, 02:24:37 AM
 #11

Indeed many people are asking and worried about bitcoin is exhausted for the mine, but you will spend a lot of time to be expensive and this is what everyone expected.

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May 29, 2018, 02:30:26 AM
 #12

Last year bitcoin price was so terrific and high in value and many people here are getting profit while this year was opposite the price of bitcoin is going down, i hope it will be back the high price of bitcoin in last year.

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May 29, 2018, 02:32:31 AM
 #13

i've been reading quiet a lot of this kind of problem since then, a lot of people specially here would say to keep your savings or investment and secure the private keys so in the time where you need to pass your investment there would be no hassle at all. the problem is that according to what you have said what if it is totally lost or something? And i don't really believe that all of those holders will eventually die, but one thing is for sure, the value of bitcoin will be insanely high.
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May 29, 2018, 02:45:05 AM
 #14


its an opensource project like the rest which their codes are publicly accessible by anyone on the internet. if anyone can forked it, anyone can edit and continue the work, Gaven is just one and after maybe 15 years, he'll soon be dead and someone else will replace him. BTC can still be mined even if all the BTC are already mined and we all send BTC with transaction fees which they'd get.

 
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May 29, 2018, 02:48:23 AM
 #15

we could most likely assume that anyone holding a BTC Wallet at that time (if showing no activity for say 50-60 years) is probably lost, and there therefore (IMO be reclaimed) after a alert to the wallet hodler.

maybe i am going to have a newborn child tomorrow and i want to put aside 1BTC in a  cold storage for his retirement when he is 60. who gives you the authority to judge these coins as lost?

Quote
You can not assume a finite currency will survive more than several centuries, if for not other reason it will get lost. Especially with one so finite and complex as BTC.

why not? you don't have to worry about some possible problem in a future that isn't even in your lifetime.

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May 29, 2018, 02:50:06 AM
 #16

those who invest in large quantities must have reserves, or be inherited to the nearest person. because they also do not want what they have lost just like that

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May 29, 2018, 03:28:44 AM
 #17

Both are non-problems.

1. Alert keys are not being used, Bitcoin is open-source and everyone working on it can be replaced (as long as talented devs are willing to work on it). And they will be replaced because there is a financial incentive on behalf of all bitcoin holders.

2. Lost bitcoins don't matter. Even if only 1 bitcoin remains it can be infinitely subdivided using software.
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May 29, 2018, 03:31:24 AM
 #18

Wow.... Maybe if what you say happen.. Bitcoin will be die because cannot be mine again. And it will be bad dream for investor.

For better alternative we can invest to altcoin are support blockchain 2.0 dst.






For me, the thing that is on my mind about bitcoin lately is holding because the price of bitcoin lately is low and there is nothing I can do but to hold my bitcoin or else I earn a small profit. But I am sure that when I hold my bitcoin, it will give me a lot of profit soon because I believe that bitcoin will rise again.
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May 29, 2018, 03:33:35 AM
 #19

So if the person holding the bitcoin dies, it will disappear.
So that reduces the amount of bitcoin circulating.

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May 29, 2018, 05:55:59 AM
 #20

the market this blood because the bitcoin is going down there are all going up you have to take advantage, the time to buy has come
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May 29, 2018, 06:13:04 AM
 #21

So I obviously hope I never have to deal with the first of these two issues I have but what if Gaven Andresen dies off and doesn’t pass on the alert/control features that Satoshi bestowed to him, would community have to legit hard fork to even stay in the realm of ‘new development’ not sure how that works as I’m not a dev at all, hence my question. Not sure how the BIP’s are actually approved or implemented and ATM believing is all basically comes down to getting Gavin’s ultimate approvi. Which like I said I worry may at some point ultimately be a issue.

Another thing I’ve wondered since getting into BTC is what happens when all BTC are mined, people hodl, and people die? Is there any contingency in place or being planned to recover stale or dead bitcoins in wallets that are OBVIOUSLY non active addresses? Or will everything that is owned by dead investors or give up investors be doomed to simply be a burn loss?...

About the dead part it is our responsibility to let others know our keys because this is the only thing how you will pass on your coins to somebody. There is always a possibility to create transactions and lock it with specific time. So you give to your spouse, kids, brother, sister or anybody else this transaction in this format that you are giving your bitcoins to them on that day. Of you happen to be alive you can simply transfer new coins to another address and make such transaction again. This is really handy not to expose your private key.
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May 29, 2018, 06:15:14 AM
 #22

So many people use bitcoin because they hope it is the answer to all financial problems. But in this year bitcoin is very low, everyone still hopes it will be okay like last year.
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May 29, 2018, 06:15:46 AM
 #23

Things in your mind elaborated may be correct as per your observation but I think for Bitcoin everything is in place, it is a time tested one and the time has given success for Bitcoin. We need to make some things come in to exist supporting crypto by providing some useful technology support. I personally think that accepting and using Bitcoin is one of the big thing we support for Bitcoin.
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May 29, 2018, 06:22:58 AM
 #24

So I obviously hope I never have to deal with the first of these two issues I have but what if Gaven Andresen dies off and doesn’t pass on the alert/control features that Satoshi bestowed to him, would community have to legit hard fork to even stay in the realm of ‘new development’ not sure how that works as I’m not a dev at all, hence my question. Not sure how the BIP’s are actually approved or implemented and ATM believing is all basically comes down to getting Gavin’s ultimate approvi. Which like I said I worry may at some point ultimately be a issue.

If I were you, I wouldn't worry about who's who behind Bitcoin core. Don't make things complicated dude, it is non-issue as far as I know.

Another thing I’ve wondered since getting into BTC is what happens when all BTC are mined, people hodl, and people die? Is there any contingency in place or being planned to recover stale or dead bitcoins in wallets that are OBVIOUSLY non active addresses? Or will everything that is owned by dead investors or give up investors be doomed to simply be a burn loss?...

There is no contingency for a lost bitcoin. Once its lost you cannot recover it. That's why its been practiced that you have to really take care of your wallet's private key. That's why its called private key, because obviously you are the only one who knows it and can retrieved your wallet. Protect it at all cost and I'm sure that you will be fine.

 
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May 29, 2018, 06:27:13 AM
 #25

Many people die leaving a lot of money in banks which goes unclaimed. But I like your suggestion that there should be some option to recover such funds in case of bitcoins.
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May 29, 2018, 06:48:47 AM
 #26

So I obviously hope I never have to deal with the first of these two issues I have but what if Gaven Andresen dies off and doesn’t pass on the alert/control features that Satoshi bestowed to him, would community have to legit hard fork to even stay in the realm of ‘new development’ not sure how that works as I’m not a dev at all, hence my question. Not sure how the BIP’s are actually approved or implemented and ATM believing is all basically comes down to getting Gavin’s ultimate approvi. Which like I said I worry may at some point ultimately be a issue.


Alert control feature was removed in 2016
https://www.bleepingcomputer.com/news/security/bitcoin-retires-alert-system-amid-security-concerns/

Quote
Bitcoin Project to rely on private alert systems and Bitcoin news sites

Instead, the Bitcoin Project will be relying on the alert systems implemented in private Bitcoin wallet services, but also on the promptitude of cryptocurrency news outlets.

According to the Bitcoin Project, they plan on retiring the native Bitcoin Alert system one to two months after the announcement made on November 1, 2016.
Major Bitcoin wallet services have already known about the Bitcoin Project's plan and and have removed support for the network-wide Alert system from their software.




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May 29, 2018, 07:04:20 AM
 #27

Many people die leaving a lot of money in banks which goes unclaimed. But I like your suggestion that there should be some option to recover such funds in case of bitcoins.

And who will hold those recovered Bitcoins.? What will they do with them.?

Because of these issues no one tried to think about recovering those dead BTC's.
And how can you say its dead.? may be its cold storage..



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June 01, 2018, 06:00:10 AM
 #28

bitcoin prices in last year bitcoin prices so high that everyone thought this as their financial answer, but why this year bitcoin weakened at the low point, hopefully this does not happen that is very scary for the bitcoin users, and returned to the normal point like last year
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June 01, 2018, 06:09:35 AM
 #29

I think lately there is a lot of bad news about bitcoin. But not to worry because in the future that bitcoin will be better than now.
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June 01, 2018, 06:43:24 PM
 #30

You are very much tensed about bitcoin just calm down and keep faith, community will solve every problem.
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June 15, 2018, 01:51:08 PM
 #31

with the decline in bitcoin prices ahir ahir is very clear what I think I want to buy as much bitcoin and sell it later when the price has started to rise again but I do not have the capital so I just want to soon become a member jr. just first
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June 15, 2018, 01:54:49 PM
 #32

Many people die leaving a lot of money in banks which goes unclaimed. But I like your suggestion that there should be some option to recover such funds in case of bitcoins.

And who will hold those recovered Bitcoins.? What will they do with them.?

Because of these issues no one tried to think about recovering those dead BTC's.
And how can you say its dead.? may be its cold storage..
Those bitcoin become worthless. Because no one can recover it unless someone knows their keys to their wallet or bank account. Thats why we must have one trusted person where we can say our keys or maybe put it in a paper so that your bitcoin will have a purpose and usage when you died.

 
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June 15, 2018, 01:58:10 PM
 #33

If you own a bitcoin then the government can not take it away from you. For those who believe in getting rid of the government system, Bitcoin is a big benefit.
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June 15, 2018, 02:01:29 PM
 #34

So I obviously hope I never have to deal with the first of these two issues I have but what if Gaven Andresen dies off and doesn’t pass on the alert/control features that Satoshi bestowed to him, would community have to legit hard fork to even stay in the realm of ‘new development’ not sure how that works as I’m not a dev at all, hence my question. Not sure how the BIP’s are actually approved or implemented and ATM believing is all basically comes down to getting Gavin’s ultimate approvi. Which like I said I worry may at some point ultimately be a issue.

Another thing I’ve wondered since getting into BTC is what happens when all BTC are mined, people hodl, and people die? Is there any contingency in place or being planned to recover stale or dead bitcoins in wallets that are OBVIOUSLY non active addresses? Or will everything that is owned by dead investors or give up investors be doomed to simply be a burn loss?...

Well your second point I think isn't something to be really concerned about. The fewer bitcoin in circulation the higher it's value would be. And I don't think there'd be a lot of people who die hodling and taking their btcs with them to the other side lol.

 
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June 15, 2018, 02:02:54 PM
 #35

The bitcoin is not a wrong investment. The excitement no doubt increases when there is an upward spike in prices of bitcoins and altcoins. For now, its going to be another wind of adversity, but as the case, she will survive an emerge stronger. Let's all keep faith and hold in.

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June 15, 2018, 02:06:56 PM
 #36

Things on my mind about bitcoin?

When I started using this digital currency called bitcoin, I was in doubt in getting money with this thing. I thought earning money in bitcoin is only for the people who invested in it. My mind only changed when my friend make money in using this. I was shocked and excited to use bitcoin. I think now is the time to invest for bigger incomes in bitcoin.

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June 16, 2018, 04:54:38 PM
 #37

It's true that I learned bitcoin's stuff very soon. I would not have been bitcoin about anything unless my cousin said it. And bitcoin was not so popular at all.
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June 16, 2018, 05:37:15 PM
 #38

Yes ... I often think about it. They will say that there is some good in bad moments. I know bitcoin, that's by the cyber attack. Now I'm curious about doing it and learning about it.
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June 16, 2018, 06:26:50 PM
 #39

So I obviously hope I never have to deal with the first of these two issues I have but what if Gaven Andresen dies off and doesn’t pass on the alert/control features that Satoshi bestowed to him, would community have to legit hard fork to even stay in the realm of ‘new development’ not sure how that works as I’m not a dev at all, hence my question. Not sure how the BIP’s are actually approved or implemented and ATM believing is all basically comes down to getting Gavin’s ultimate approvi. Which like I said I worry may at some point ultimately be a issue.

Another thing I’ve wondered since getting into BTC is what happens when all BTC are mined, people hodl, and people die? Is there any contingency in place or being planned to recover stale or dead bitcoins in wallets that are OBVIOUSLY non active addresses? Or will everything that is owned by dead investors or give up investors be doomed to simply be a burn loss?...

Well your second point I think isn't something to be really concerned about. The fewer bitcoin in circulation the higher it's value would be. And I don't think there'd be a lot of people who die hodling and taking their btcs with them to the other side lol.

every acquisition is a loss and every loss is an acquisition
indeed,as Satoshi once said :lost coins only make everyone else's coins worth slightly more
there is something sombre and mysterious about the wallets with huge amounts of coins that never move,anyways
why ruin the mystery with assumptions  Cool

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June 19, 2018, 06:59:56 AM
 #40

I doubt they'd be best pleased if they were stolen from them. What you do with your own property should be your business and no one else's.
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June 19, 2018, 07:04:16 AM
 #41

I think if the owner of bitcoin dead, maybe the bitcoin can't be taken by the miner except the owner tell someone else how to acces their bitcoin. Bitcoin miners can't take the dead bitcoin. Therefore, someone need to make herritance with bitcoin form on someone else that can be trust.
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June 19, 2018, 07:18:40 AM
 #42

Being a hodler of Bitcoin there is nothing to do but HODL we can't predict the price of bitcoin if it is goes up or down. I just hodl my bitcion until it goes on the moon again and give me a lots of profit on this.

-localhost
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June 19, 2018, 07:25:03 AM
 #43


a whole market red. But I believe it will gradually recover
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June 19, 2018, 07:41:39 AM
 #44

So I obviously hope I never have to deal with the first of these two issues I have but what if Gaven Andresen dies off and doesn’t pass on the alert/control features that Satoshi bestowed to him, would community have to legit hard fork to even stay in the realm of ‘new development’ not sure how that works as I’m not a dev at all, hence my question. Not sure how the BIP’s are actually approved or implemented and ATM believing is all basically comes down to getting Gavin’s ultimate approvi. Which like I said I worry may at some point ultimately be a issue.

Another thing I’ve wondered since getting into BTC is what happens when all BTC are mined, people hodl, and people die? Is there any contingency in place or being planned to recover stale or dead bitcoins in wallets that are OBVIOUSLY non active addresses? Or will everything that is owned by dead investors or give up investors be doomed to simply be a burn loss?...
You have an extra ordinary imagination,you exaggerating the things that impossible to happens,first it will take hundread of years before all bitcoin had been mined and i believe that before that happens millions of altcoins has been already surpassed bitcoins platform or that time bitcoin is just only ordinry coins like others eitheray many thing that would possible to happens but not the way you think is the other way

 
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July 03, 2018, 02:59:50 AM
 #45

Instead of it you can own altcoin, which will plan all aspects of price, we need to do some things to survive to support the encryption by providing some useful tech support.
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July 08, 2018, 12:29:32 AM
 #46

So I obviously hope I never have to deal with the first of these two issues I have but what if Gaven Andresen dies off and doesn’t pass on the alert/control features that Satoshi bestowed to him, would community have to legit hard fork to even stay in the realm of ‘new development’ not sure how that works as I’m not a dev at all, hence my question. Not sure how the BIP’s are actually approved or implemented and ATM believing is all basically comes down to getting Gavin’s ultimate approvi. Which like I said I worry may at some point ultimately be a issue.

Another thing I’ve wondered since getting into BTC is what happens when all BTC are mined, people hodl, and people die? Is there any contingency in place or being planned to recover stale or dead bitcoins in wallets that are OBVIOUSLY non active addresses? Or will everything that is owned by dead investors or give up investors be doomed to simply be a burn loss?...

Well your second point I think isn't something to be really concerned about. The fewer bitcoin in circulation the higher it's value would be. And I don't think there'd be a lot of people who die hodling and taking their btcs with them to the other side lol.

every acquisition is a loss and every loss is an acquisition
indeed,as Satoshi once said :lost coins only make everyone else's coins worth slightly more
there is something sombre and mysterious about the wallets with huge amounts of coins that never move,anyways
why ruin the mystery with assumptions  Cool
There are lots of moderators here in bitcointalk forum that can handle and manage the affair of this platform perfectly so the duty is not carried out by one person but group of people. Secondly, lost bitcoins are lost forever expect if there is will written by the person to recover the wallet private keys. Lost bitcoins gives value to the remaining balance and it will more scarce as the holders will prefer holding it for long instead of dumping it which give a huge success in the nearest future.
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July 08, 2018, 03:19:16 PM
 #47

Lately I’ve been staring at the charts, it’s been rising steadily. Currently, it is now hovering at $6,700. I hope this is the start of the ascent to 5-digit levels.

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July 09, 2018, 09:53:18 PM
 #48

Things on my mind about bitcoin LATELY, Is if i had money i would have bought bitcoin for a long time investment.
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August 23, 2018, 02:01:52 AM
 #49

In recent days, I am still hoping that the price of BTC will change in a positive way. When the contracts on the value of billions have been resolved BTC. So over the past few days, we've seen the money market turn to greens instead of falling into the fever of a serious downturn. Hopefully this time around will be a nice day for BTC so that it can quickly reach its goal.
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September 04, 2018, 04:07:52 PM
 #50

The decreasing of price of bitcoin because of that many people worried and afraid, investment and secure the private keys to avoid hacking a account and also I hold my coins because of low price holding your coins is okay and wait until the price will go to good condition your waiting is worth if you get a high profit.
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September 29, 2018, 09:12:39 AM
 #51

The excitement no doubt increased when there was a spike in prices of bitcoins and altcoins. Let's keep faith and hold on. I think making money with bitcoin is only for people investing in it. I was shocked and excited to use bitcoin. It is true that I learned the bitcoin very early. And bitcoin is not very popular at all.
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September 29, 2018, 07:18:53 PM
 #52

I this k if what you said happen then that will be the end of bitcoin say Garvin's die without passing on the alert to another person which is what santoshi handed over to him according to history, at that bitcoin will simply just go into extinction and forgotten about with time. But I believe something else will be done to avart that or save the incident.

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October 02, 2018, 07:20:42 AM
 #53

Bitcoin is a big benefit. The excitement no doubt increased when there was a spike in prices of bitcoins and altcoins. Let's keep faith and hold on.
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October 02, 2018, 08:46:11 AM
 #54

It's possible that gavin has already passed on the secrets to other selected people. He could encrypt the files with a password which is spread out to various community members for safekeeping. Let's just hope he has along life ahead!

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October 02, 2018, 09:10:47 AM
 #55

I remember when BTC was still very new.There was already that prediction that once it's all mined, then it's the end of story for bitcoins. Well lo and behold! Apparently, it will still take 122 years for the remaining 4 million coins to be mined so let's not fret. We can still expect bitcoin to last until our last breath unless a Virtual Eternity is invented lol!
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October 02, 2018, 10:03:23 AM
 #56

There are lots of moderators here in bitcointalk forum that can handle and manage the affair of this platform perfectly so the duty is not carried out by one person but group of people. Secondly, lost bitcoins are lost forever expect if there is will written by the person to recover the wallet private keys. Lost bitcoins gives value to the remaining balance and it will more scarce as the holders will prefer holding it for long instead of dumping it which give a huge success in the nearest future.
You're confuse, aren't you? Bitcointalk forum has nothing to do with the bitcoin network, yes it might get you some answers but not entirely have something to do with the issue, whatever the moderators has to say won't affect the issue at all. And yes bitcoin that lost in blockchain won't be recover so don't make the water to boil down. And whatever those inactive wallet is really none of our business.

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October 02, 2018, 10:11:46 AM
 #57

Indeed many people are asking and worried about bitcoin is exhausted for the mine, but you will spend a lot of time to be expensive and this is what everyone expected.

So true. Those people who believes in cryptocurrency stays and hodl because we believe that the market may be volatile that time will come it will rise for sure. No need to worry about it. It will rise for sure amd this is probably what will goong to happen. Therefore no need to panic. Just hodl and see.
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October 02, 2018, 10:16:11 AM
 #58

Indeed many people are asking and worried about bitcoin is exhausted for the mine, but you will spend a lot of time to be expensive and this is what everyone expected.

So true. Those people who believes in cryptocurrency stays and hodl because we believe that the market may be volatile that time will come it will rise for sure. No need to worry about it. It will rise for sure amd this is probably what will goong to happen. Therefore no need to panic. Just hodl and see.
This belief will be the differentiator between successful and not. Because most people who are not successful are those who do not dare to take risks. Look at the calculation that when we invest in the world of digital currency, the opportunity opens very well. Investment in the world of digital currency can be said as an opportunity to achieve success. The fact is that a lot of people become successful when they know digital currency. So choose and do what we can do, never hear the words of others because what will determine the future is ourselves.
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October 02, 2018, 10:18:28 AM
 #59

This is one of the biggest problems that should be asked. What will be the Bitcoins of users who are lost and killed? Today is probably not very large figures, but in the future there can be a very large part!

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October 06, 2018, 01:05:47 AM
 #60

I think if the owner of the bitcoin died, maybe the bitcoin could not be made by the miners except the owner telling others how to approach their bitcoin. So, someone who needs to make dictatorship with bitcoin form on another person can be trusted. I just kept my bitcion until it went on the moon again and gave me a lot of profit on this. But I believe it will gradually recover. I recently stared at the charts, it is rising steadily. I hope this is the beginning of the level up to 5 digits.
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October 06, 2018, 01:43:59 AM
 #61

Surely I think the btc would be a good thing for my long time to get the most awaited and one to help me. And this is one of the more likely to grow next year.

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October 06, 2018, 02:48:48 AM
 #62

I think Bitcoin is ubiquitos. Bitcoin slowly run tomits high rates. Surely, this is a hood news to all Bitcoin holders.
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October 06, 2018, 03:55:49 AM
 #63

if I always think that the price of bitcoin will soon improve bro. therefore I try to find additional capital to buy bitcoin bro. to find big profits when the price of bitcoin has risen again

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October 06, 2018, 06:28:54 AM
 #64

Well, when people who hold Bitcoin Durand no one has access to them doesn't mean Bitcoin will die but it will rather make Bitcoin more scarce and one should know that the basic economics say scarcity create value. And that is what will happen to Bitcoin at the end of such a thing happen in the future. Is not happening now because the adoption of Bitcoin is yet to reach its maximum.

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October 06, 2018, 06:56:02 AM
 #65

if I always think that the price of bitcoin will soon improve bro. therefore I try to find additional capital to buy bitcoin bro. to find big profits when the price of bitcoin has risen again
yes even though bitcoin is currently deteriorating, keep thinking positive, and be sure about bitcoin. because that is a key for you. when the price of bitcoin drops, your strategy must be played, you must be smart to think in order to get an advantage
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October 06, 2018, 06:59:16 AM
 #66

those who have invested large amounts in bitcoin, will not let their bitcoin disappear, bitcoin is a very valuable asset, they will surely tell their personal key and be left to their closest people, they will not allow the results of their hard work in crypto just disappeared.

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October 06, 2018, 07:43:08 AM
 #67

I might be wrong, but I think Gavin's access to most of the sensitive rights has been taken away, after the whole CW thing happened. They also have contingency plans for these things in place, to cover most of these catastrophic events. <Obviously this will not be made public, to protect against possible attacks>  Huh

The CW thing might have been a wake up call for these guys, to put things in place to protect these rights against future rogue type events.

 
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October 12, 2018, 10:27:49 AM
 #68

Well, when people who hold Bitcoin Durand no one has access to them doesn't mean Bitcoin will die but it will rather make Bitcoin more scarce and one should know that the basic economics say scarcity create value. And that is what will happen to Bitcoin at the end of such a thing happen in the future. Is not happening now because the adoption of Bitcoin is yet to reach its maximum.
After working hard it will be paid off. This is what every investors might think in able for us to have a better future. I see cryptocurrency as the future of the world, i see the technology of it ruling some part of the world.  We can say that negative things might happen but trust is the key to everything and we also need to have patience in everything we do for us to have profit.

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October 17, 2018, 03:27:22 PM
 #69

Today, due to the fact that the market has dropped and, accordingly, bitcoin people are waiting. Many run and withdraw their contributions, and someone is waiting. But one opinion is the same for all that soon the price will go up, as people and companies will understand that this is the future.
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October 19, 2018, 09:37:31 AM
 #70

cryptocurrency and lives at the same level as it was in 2017, but just those who panicked left the market, and those who store, and so they did not say anywhere else about it
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November 21, 2018, 02:41:28 AM
 #71

if I always think that the price of bitcoin will soon improve bro. therefore I try to find additional capital to buy bitcoin bro. to find big profits when the price of bitcoin has risen again
Be patient because bitcoin is now down in price, in my place today the price of bitcoin is USD 4525. The right time to buy, because my predictions in the next few days the price of bitcoin will rise, but not too high. For bitcoin owners, it might be good for HODL for a long time because the increase in bitcoin signals is unclear, there is no spectacular news from bitcoin.
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November 21, 2018, 11:43:13 PM
 #72

Lately honestly I fell stress about bitcoin because alk we see the price. But I never think to quit because I know that bitcoin will be rise again. So it makes my adrenalin so high to make me motivated to earn more bitcoin. Because of that I bought some bitcoin to make an investment and hold it until the price or exchange rate will rise. But sometimes honestly I feel scared because almost all of my savings are already in the bitcoin industry and even I know that bitcoin is a very risky investment I still give my own money as a investment because I believe that bitcoi  can change my life.

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December 20, 2018, 09:03:47 AM
 #73

I don't always think about the price of Bitcoin, because Bitcoin has made good progress lately, whether there is good news what causes the price of Bitcoin to go up a few steps at the moment, hopefully prices will continue to increase.
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December 20, 2018, 09:05:33 AM
 #74

Is to invest again with bitcoin while bitcoin market price is not that expensive compared to last few months. There is a high chance that it will going to gain back on 6K USD per bitcoin as the market price has gone so fast in recovering for now. I do not know what will going to happen later if it will still going to gain more market price increase.

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December 20, 2018, 04:34:53 PM
 #75

As long as circulations and transactions are taking place nothing will be wrong that is why it is called a decentralized currency and all lost bitcoin remain lost with no effect on the blockchain.
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December 20, 2018, 04:39:30 PM
 #76

I am still optimistic about bitcoin and still think that bitcoin can recover its value from this decline. I will keep holding and I believe that in the future it will give me profit.

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December 20, 2018, 05:21:47 PM
 #77

Now i noticed that bitcoin will be down for the coming year and may be in the 2020 it can show us the good value due to high projects and then bitcoin will be more realistic and ready for every one to accept it so for the holders a long time of patience will be required for them and i have made my mind for it, Bitcoin is the best way to secure our future, Be patience and be dedicated.

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