Supply of Bitcoin will be lessen when its owner die?

[Ariess]

Considering a bitcoin owner of large amount, and he died w/o sharing his user/pw, Are those coins can be considered as deadcoin since those coins will not circulate anymore in the Network?

When that happens, many of the users here called that a lost coin and this coin will never circulate again, The bitcoin supply will truly lessen and if the supply is less, then surely the price of bitcoin will surge.

You are right but it can return into circulation when someone can accidentally access it but it very unlikely. In the future, I am sure there will be a way to recover those lost coins so I won't call it as being gone in the circulation forever. If someone were to own large amounts of Bitcoin though, it is impossible for him to just die without leaving a clue for his family in order for them to  access his wallet.

I agree, maybe the coin will remain in the wallet for a long time, as long as no one accesses it. until then someone else can open it. but true this is the unlikely thing, the only one able to access is the developer of the wallet.

[StarKay]

For every Satoshis lost due to the death of an owner that refused/forgot to share private key with loved one, Bitcoin supply will reduce.
It is not only large owners of Bitcoin that should consider a way to share their key in case they die suddenly, every Satoshi owner should also do that to save the circulating supply of Bitcoin.

[chocolaty]

This will result to less supply. It is very unlikely for other people to breakthrough the deceased person's stuffs  unless he or she was able to pass his private keys to someone. The decrease in supply will cause a drastic leap in bitcoin's price. Law of demand and supply.

[dinoloverpete]

This will result to less supply. It is very unlikely for other people to breakthrough the deceased person's stuffs  unless he or she was able to pass his private keys to someone. The decrease in supply will cause a drastic leap in bitcoin's price. Law of demand and supply.

I wouldn't bet against it in the future. Something similar to vault/lock up hunting could happen with laptops. I'm sure countless people keep passwords etc on their laptops and if you could access their wallets as a result that could be big money in the future.

[Alert31]

Considering a bitcoin owner of large amount, and he died w/o sharing his user/pw, Are those coins can be considered as deadcoin since those coins will not circulate anymore in the Network?

       I think if that coins remains on the owners wallet and nobody can claim maybe it will considered as deadcoins. Because it doesn't contribute anything in the market. It lessen the supply of bitcoin that can bring the bitcoin price to increase if the demand is higher.

[Moana]

In fact, in the years the number of the "lost bitcoins" is rising. Every time someone loses the password of their wallets, some coins get lost forever. Every time someone would die without first handing his private keys to someone else, some coins get lost forever. So the supply of AVAILABLE bitcoins is relatively diminishing, even though in absolute terms the quantity of newly mined Bitcoins is probably much higher than the quantity of the lost ones.

[pawel7777]

For those interested, here's a good read on the subject of lost coins:

http://fortune.com/2017/11/25/lost-bitcoins/

High estimate amounts to 3.8m lost bitcoins, low estimate: 2.8m.

Analysis was done by Chainalysis, unfortunately their don't share their methodology, so you can only take it at face value.