Re: If bitcoin owner die. It means bitcoin also lost forever?
This leads to volatility in which bitcoin owners can die, I think if the owner or inventor of bitcoin is dead, I think the virtual cryptocurrency money will keep running, because this virtual money will always develop the device in this cryptocurrency business, if the bitcoin owner is dead, there must be a second holder of cryptocurrency, I'm sure it is.
This thread isn't about Satoshi.
It's about people in general owning (i.e holding) Bitcoin. Satoshi himself doesn't play a role of importance anymore for Bitcoin in technical terms. The only thing giving him any importance right now is his supposed coin stash, which no one but him knows exactly how many coins he owns. I think it's safe to say that in current time and day, the market would applaude the day when they know for sure that Satoshi can't access his coins anymore for whatever reason. And no, there won't be a second holder of his coins, unless there is an unkown entity with potential access to his private keys. As long as his supposed early coins aren't moving, the market remains calm.Your right if satoshi die and no one can access hes wallet too then the market is just still remain. Theres no affect in the movements of the coin but the total supply will decreast dew to that acount that cant be move and the potencial holder of that bicoins will goes to the remaining supply which smaller to 20 million BTC. Because the 1 million was lock in to the wallet of the dead person.