Bitcoin Forum

I have always wanted to ask this question, how many people people have lost their private key in the world today, or some die or cannot remember it. God knows in total how many were lost in the year 2017/2018/2020/2021and all . Details of this may be useful as a reference to. Does it really mean that the Bitcoin are now lost or use less?

There’s an estimated close to 4 million coins lost/unaccessible.
 
https://blockzeit.com/how-much-bitcoin-has-been-lost-forever/

“Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.”
Satoshi Nakamato

Lost private keys = lost bitcoins = a minus to the supply or amount of bitcoins in circulation.  If Bitcoin supply is less than its demand the price of could go up.  Satoshi once said:
“Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.”

That 👆 always makes me uncomfortable.
I actually hope it's possible to recover lost coins in the future with something like biometric. A very decentralized and secure biometric system tied to owner's coins should do.

I think alot of people lost their bitcoin private keys. I think some have more bitcoin in them then others.
This is the top 5 Bitcoin losses. https://www.cryptovantage.com/news/the-top-5-biggest-lost-bitcoin-fortunes-that-we-know-about/
1- Satoshi Nakamoto’s Wallet
2- Stefan Thomas and the Lost Password
3- The Buried Treasure of James Howells
4- The Disappearance of Gerald Cotten
5- Individual X Marks the Spot; The 69,000 Bitcoin Challenge

i think so much ppl lost priv and seed! à

If you have lost your private keys, there's a good chance Bitcoin might be gone forever. Just ask Erik Voorhees, who lost 2.6 million dollars worth of Bitcoin following the collapse of his mining operation back in 2013. If you've ever had access to someone else's wallet, or even just read about a cryptocurrency-related hack - then this article is for you!

there's a lot of people lost their private key like that guy from uk who accidentally threw his hard drive in the trash imagine if he didn't lost the hard drive he well be a millionaire.

If the private key is not lost, there are other ways in which cryptocurrency can become inaccessible, such as if the wallet owner dies without passing on the private key to anyone else.

At such cases, the cryptocurrency in the wallet becomes permanently locked, and there is no way to recover it. So, important to note that the loss of private keys and inaccessible cryptocurrency does not mean that the entire Bitcoin network is useless.

In 2023 and later, Bitcoin is still a viable and valuable currency, and there are many individuals and businesses who continue to use it for transactions and investments.

cannot be detailed , because who knows that we have lost our wallet till we announced it?

Why God does care about the lost wallet and bitcoin ?


Have lost 2 of my wallets having bitcoin inside(though only a little amount back then but today? those amount are seriously big) this is also the reason why nowadays I made sure to keep saving my wallet keys completely secured and will never be forgotten (like what I did in the past)

and you are correct also that those bitcoin being lost are useless and cannot be recovered forever.

There have been lot of wallet have gone since bitcoin creation , a cousin even lost His bitcoin
back in 2015 (maybe he is not really interested in this so he miss managed the wallet address) but never that
happened in me though I believe that there are many bitcoin that is hanging around the air now for being a
lost bitcoin.
You have a point there , and yes how can we be so sure when it is indeed might be lost and
who will knew until the owner admitted it was gone completely.

moment of silence who lost their private keys... I think They surely dissapointing right now