one question tickling my mind

[Falmera]

i have one question..

in 2011 bitcoins per 50,000 to 500,000 we spent for nothing, just pranking and stuff...

if one person kept 50,000 bitcoins in his account from 2011 up till now,

would the bitcoins still be valid for transactions?

Yes, i do not think bitcoin has validity period. So, if he can still access to his wallet then he can sell his coins or for whatsoever purpose it will be. But if he cannot access to his wallet, then his bitcoin will just sleep in there.

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[liseff3]

would the bitcoins still be valid for transactions?

Bitcoin old and new will have the same value, so far I know bitcoin does not have "Expiry Period" during circulation is still ongoing and can be used as a tool of transactions both for trading and investment.

[Experia]

bitcoin gained from 2011 has the same value on what the price for todays market. It has no expiration. That is also the thing that the others regret of because they think that if they bough bitcoin on that year they will earn much than the amount they bought.

[Angna27]

As far as I know it still valid as long as you keep the private keys with you  and no one smashed it nor hacked it.. it can still be trade nor sell it or as long as you have it in your wallet and can access and do the selling you can still earn a profit if you sell it.

[richmcrich]

I have a question?

Why people really hates Bitcoin ? Why did they bash Bitcoin? Did Bitcoin hurts them ? Or they just want to prove that Bitcoin is not that really helpful ?

Maybe they were late into investing into bitcoins and are very bitter about the whole thing and are trying to spoil it for everyone who is and might want to invest in the near future.

There could be many reasons for investors to give up on bitcoin. The most common one is impatience, some really want big returns in few days not even weeks and they usually end up selling off bitcoin. The second most common reason is some urgent need of money and then you have no other choice than selling it off. Lastly people panic in dips and sell bitcoin.

[CuteBaby123]

i have one question..

in 2011 bitcoins per 50,000 to 500,000 we spent for nothing, just pranking and stuff...

if one person kept 50,000 bitcoins in his account from 2011 up till now,

would the bitcoins still be valid for transactions?

Of course, that would still be valid until now. As long as it is bitcoin and bitcoin is valid, those are greatly valid transcations with high price. Just remember to keep your private keys until now and surely, you could still use it.

[Ahiaba]

The answer is absolutely yes because Bitcoin has never lost its validity even though your Bitcoin was kept since 2009 which happen to the that Bitcoin was introduced into the world it will still not lose validity.

[ttking]

Interesting question! I have never thought about this but I think it would be possible to still using those coins. I think there is no a person who would be able to hold them for so long because you need to have great patience.

[raven7886]

i have one question..

in 2011 bitcoins per 50,000 to 500,000 we spent for nothing, just pranking and stuff...

if one person kept 50,000 bitcoins in his account from 2011 up till now,

would the bitcoins still be valid for transactions?

Yes, i do not think bitcoin has validity period. So, if he can still access to his wallet then he can sell his coins or for whatsoever purpose it will be. But if he cannot access to his wallet, then his bitcoin will just sleep in there.

Yeah, the only thing that can make that invalid is when such a person has totally lost the private keys and apparently no access to the wallet again whatsoever, then that is considered lost forever. However, as long as the keys are still intact and the person can still easily access the wallet no matter how long it is kept in it, then there is nothing that is going to be affecting it at all. Obviously, once the person in question has a target to sell them when he is ready, he definitely will.

Bitcoin old and new will have the same value, so far I know bitcoin does not have "Expiry Period" during circulation is still ongoing and can be used as a tool of transactions both for trading and investment.

As long as it is still bitcoin and nothing changed whatsoever which I believe nothing will, there is nothing that is going to end up invalid for transaction for bitcoin. The only reason why it could no longer be used for transaction is if there is no more access to such wallet and the person obviously cannot do any transaction in such scenario, except for that, it is always going to be valid for transaction.

[acener]

Bitcoin is valid or usable if you have kept your private key or access to your wallet. Well, I am sure that a lot of people who invested or even mined bitcoin  when it was very cheap didn't think that bitcoin will reach the current price. Some might have lost or forgot to secure their wallet.

[niz3r_nade]

as long as we are alive, there is still internet network and most important do not forget the key of our wallet, I think your bitcoin still apply for transaction use, because as far as I know bitcoin is not time limit and not stale like food then throw away.

[PonyBoy]

For sure it will valid forever, there are no expiration date of bitcoin, and it can be used as long as the person have access to own private keys

[pelipurlara]

the obstacles that are often faced is the risk of loss that makes traders become frustrated and afraid to try reinvesting. I think that still holds true if somebody keep bitcoin in a few years before

[lolehiM92]

The question that came to my mind was how to make bitcoin transactions easy, fast but safe. I wish the bitcoin was more popular and less legitimate and was considered by everyone national currency

[Casdinyard]

For sure it will valid forever, there are no expiration date of bitcoin, and it can be used as long as the person have access to own private keys

Yeah like what's with you buddy? I know for sure if it have a validity it should be written in whitepaper. And as far as I remember, the whitepaper clearly says it all. So yeah there's no expiration regardless what year and how many someone bought. All does matter is the price like if you bought before it will surely have significant amount now.

[boksoon]

i have one question..

in 2011 bitcoins per 50,000 to 500,000 we spent for nothing, just pranking and stuff...

if one person kept 50,000 bitcoins in his account from 2011 up till now,

would the bitcoins still be valid for transactions?

Of course yes because Bitcoin since the beginning the quantity of what you have is still the same it will not increase or decrease even until now, its about almost 9 years ago but only the value can transform into a high price and the good thing is until now it's still valid for transaction and acceptable anywhere.

[ethereumhunter]

as long as he can access his wallet with the private keys, the amount of bitcoin will be the same as in 2011 and he is the richest person in his city if he decides to sell the most of bitcoin that he has. the transaction will still valid but I guess that he needs to synchronize his wallet first before he can sell it and change to fiat. I am sure that there is any person that still hold bitcoin in his/her wallet from a long time ago and he/she is not selling until now. 50,000 btc is a lot of money if he/she convert into fiat and he can buy anything that he/she want.h

[Erganadine2728]

Of course it can be if he still holds his wallet and still remember the key. It will not burn and disappear. The balance will still exist if he secures it correctly.

[vuanhquan]

One person keeps 50000 bitcoins since 2011, after 7 years the value has increased x500,000 times, no one thought that would happen, those who bought ico and hold bitcoin and did not lose, surely now they are very rich.
Life in dream. <3

[Amajaa]

It will not affect its validity it has no expiration as long its accessible and we are the ones responsible how to s3cure our wallet and those who have been holding for that long are on better life now..  And lucky those who know bitcoin for bitcoin give us good opportunity to earn for real.