Bitcoin Forum
October 31, 2024, 11:42:03 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: Did you know that 25% of all Bitcoins are lost?  (Read 888 times)
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 3710
Merit: 10401


#1 VIP Crypto Casino


View Profile
July 14, 2018, 08:05:07 AM
 #41

According to Jameson Lopp, a former BitGo and current CasaHODL engineer over 4 million Bitcoins (over 25% of current circulation) are lost.

Source: https://coincodex.com/article/2018/jameson-lopp-estimates-4-million-bitcoin-are-lost-forever/

It’s a good thing, it means YOUR bitcoin’s are worth more. Lower number available to buy on the market = higher trade price.

█████████████████████████
███████████▄█████████████
██████▀░▀█▀░▀█▀░▀████████
███████▄███▄███▄█████████
████▀██▀██▀░▀████▀░▀█████
███████████░███▀██▄██████
████▀██▀██░░░█░░░████████
███████████░███▄█▀░▀█████
████▀██▀██▄░▄███▄░░░▄████
███████▀███▀███▀██▄██████
██████▄░▄█▄░▄█▄░▄████████
███████████▀█████████████
█████████████████████████
 
.Bitcasino.io.
 
.BTC  ✦  Where winners play  BTC.
.
..
.
    ..





████
████
░░▄████▄████████████▄███▄▄
░███████▄██▄▄▄▄▄▄█████████▄
███████████████████████████
▀████████████████████████▀
░░▀▀████████████████████
██████████████████▄█████████
██
▐███████▀███████▀██▄██████
███████▄██▄█▀████▀████████
░░██████▀▀▀▄▄▄████▀▀████
██▐██████████▀███▀█████████████    ████
███
████████████
███████████████    ████
█████▀████████████████▀
███████▀▀▀█████████▀▀
..
....
 
 ..✦ Play now... 
.
..
pandoraaktor
Newbie
*
Offline Offline

Activity: 182
Merit: 0


View Profile WWW
July 16, 2018, 04:39:05 PM
 #42

(over 25% of current circulation) are lost

25% of circulation is not a small number. If thats true, whether it will greatly affect the bitcoin price?
Or is this just an artificial issue?
Delinquency
Sr. Member
****
Offline Offline

Activity: 560
Merit: 250



View Profile
July 16, 2018, 04:48:39 PM
 #43

Yes i've read from a couple of reliable sources. I think we cannot be sure how many bitcoins are lost but the number that article gave us isn't incredible. Many bitcoin owners didn't take serious bitcoins they had because of very low prices. I know some people who's trying to find their private keys or something make them remember how to reach their bitcoin accounts. They are just people i know. Who knows how many people are in same situation all around the world.
rajuahmed763
Member
**
Offline Offline

Activity: 459
Merit: 10

🔥 Ultimate Launchpad on TON 🔥


View Profile
July 16, 2018, 06:00:03 PM
 #44

 Not exactly! How can we believe this news? Maybe offline wallet users. Otherwise it is not possible, where the bitcoins? Just on the air? So funny. Not right the news. Miners active so no worry. Bitcoin not weak currency, its so much strong.

▀██▀ ▀▀▀▀▀  ▄██████████▀          T O N U P          ▀██████████▄ ▀▀▀▀▀  ▀██▀
THE ULTIMATE LAUNCHPAD ON TON CHAIN
▀████▄     [      Twitter      ]    [    Telegram    ]    [     Medium     ]     ▄████▀
katarina007
Newbie
*
Offline Offline

Activity: 32
Merit: 0


View Profile
July 18, 2018, 07:50:26 AM
 #45

For me about this situation, I do not know if 25% was lost because I was the first timer to participate in this campaign. I hope it will not happen to us so we can not regret it even if we are the first timers.
aoluain
Legendary
*
Offline Offline

Activity: 2436
Merit: 1358



View Profile
July 18, 2018, 08:00:09 AM
 #46

I would speculate that back in 2008/2009 in bitcoins infancy there wasnt the same value
put on possessing bitcoin, we have heard before the story of people throwing out computers
with hundreds of bitcoins in wallets still on the harddrive - never to be retrieved.

Also I would speculate that a portion of that 25% can eventually be retrieved as they could
be considered "in long term storage" and so not showing any movenent whatsoever.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
||.
|
▄▄████▄▄
▀█▀
▄▀▀▄▀█▀
▄░░▄█░██░█▄░░▄
█░▄█░▀█▄▄█▀░█▄░█
▀▄░███▄▄▄▄███░▄▀
▀▀█░░░▄▄▄▄░░░█▀▀
░░██████░░█
█░░░░▀▀░░░░█
▀▄▀▄▀▄▀▄▀▄
▄░█████▀▀█████░▄
▄███████░██░███████▄
▀▀██████▄▄██████▀▀
▀▀████████▀▀
.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▀▄███░░░▀████░███▄▀██▄
███░████░░░░░▀██░████░███
███░████░█▄░░░░▀░████░███
███░████░███▄░░░░████░███
▀██▄▀███░█████▄░░███▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
SOUTHAMPTON FC
FAZE CLAN
SSC NAPOLI
almaroof
Newbie
*
Offline Offline

Activity: 88
Merit: 0


View Profile
July 18, 2018, 08:16:51 AM
 #47

No bitcoin is lost, if a wallet is not active for years, it doesn't mean it's lost.  Most people use bitcoin as a store of wealth. The owners of the said bitcoin knows what they are doing
Matthewlee
Newbie
*
Offline Offline

Activity: 32
Merit: 0


View Profile
September 29, 2018, 10:44:37 AM
 #48

It is often discarded. Its a very interesting statistics no less. I can not imagine how many people burn their coins on a daily basis. Just think about the bitcoin that is being held by someone who does not want to sell it. Taking a bitcoin at an early time is acceptable, but today it is unacceptable because of its value. Perhaps in the future, this address is brutal. Although I was not surprised. I feel sorry for those who have lost their bitcoin and other cryptos.
erifubirugen
Member
**
Offline Offline

Activity: 350
Merit: 10


View Profile
September 29, 2018, 11:32:09 AM
 #49

Horrible news! And i have seen in another news says that the amount is 6 million bitcoins. 6 Million Bitcoin makes $39 billion.. It is just crazy! If i lose bitcoin that much i think i wouldn't breath anymore. I am sure that is from the first time minings that the bitcoin price were like $1 or less.
zubrr51
Member
**
Offline Offline

Activity: 294
Merit: 11


View Profile
September 29, 2018, 11:37:18 AM
 #50

25% is a huge number, which is currently measured in billions of dollars, and it is practically impossible to return them.

▀▀▀▀▀▀     │      SWIPE      │      Monetizing Mobile Engagement Data     ▀▀▀▀▀▀
▄▄▄▄▄▄       Whitepaper     Telegram     Twitter     Reddit       ▄▄▄▄▄▄
Hudadahuda2018
Jr. Member
*
Offline Offline

Activity: 296
Merit: 2


View Profile
September 29, 2018, 11:52:25 AM
 #51

I don't know that information,thanks for sharing here.Hope that it will recuperate them so that more bit coins will circulates.
Yes, what are you saying and I agree to your words about bitcoin because I hope that information and sharing is here because after we know information like that, we all hope to restore unfavorable conditions so that bitcoin can circulate again.
babyshaun
Full Member
***
Offline Offline

Activity: 230
Merit: 110



View Profile
September 29, 2018, 12:01:45 PM
 #52

does bitcoin have no hope of reaching the 21M supply? How will happen at 2M estimated to be stolen with chance because it can retrieve it. Here's how Bitcoin miners earn less than 21M bitcoin.
#dhabitamartha
Member
**
Offline Offline

Activity: 673
Merit: 10


View Profile
September 29, 2018, 12:03:08 PM
 #53

According to Jameson Lopp, a former BitGo and current CasaHODL engineer over 4 million Bitcoins (over 25% of current circulation) are lost.

Source: https://coincodex.com/article/2018/jameson-lopp-estimates-4-million-bitcoin-are-lost-forever/

This needs improvement why bitcoin can be lost to the virus or indeed stolen by technology people if it is stolen this must be someone who can correct the misfortune of bad things like this technology education is now very important for all life of the new era.
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!