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Author Topic: What percentage of bitcoins are "hot"?  (Read 976 times)
monsanto (OP)
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February 14, 2014, 05:02:40 AM
 #1

"Hot" as in once been stolen. There have been many large and small thefts of bitcoin.  Any idea what its rate of theft or total stolen coin % is? (and how that would compare to other currencies.)
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February 14, 2014, 05:12:27 AM
 #2

Show me a provable way to identify a coin as 'hot' and I'll tell you how many there are.

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February 14, 2014, 05:13:29 AM
 #3

What percentage of US Dollars were pickpocketed at some time?

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monsanto (OP)
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February 14, 2014, 05:15:58 AM
 #4

Show me a provable way to identify a coin as 'hot' and I'll tell you how many there are.

I'm not suggesting there is.  How about a rough estimate based on published reports alone?
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February 14, 2014, 06:52:29 AM
Last edit: February 14, 2014, 07:49:59 AM by odolvlobo
 #5

About 800,000 BTC has been stolen according to the list here: https://bitcointalk.org/index.php?topic=83794.0

800,000 BTC is about 7% of all the bitcoins currently in existence.


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February 14, 2014, 06:55:37 AM
 #6

I think you guys need to clear up with yourself if bitcoins are an asset or a currency.  If they're a currency, then theoretical not bitcoins are stolen.  You could ask, how many are mismanaged.....
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February 14, 2014, 07:02:22 AM
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None have been stolen. All coins were spent by everyone who controls the unspent outputs using the private key of the bitcoin address where the coins are.

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February 14, 2014, 07:24:32 AM
Last edit: February 14, 2014, 07:55:52 AM by odolvlobo
 #8

I think you guys need to clear up with yourself if bitcoins are an asset or a currency.  If they're a currency, then theoretical not bitcoins are stolen.  You could ask, how many are mismanaged.....

So you would assert that dollars, which is a currency, cannot be stolen?

None have been stolen. All coins were spent by everyone who controls the unspent outputs using the private key of the bitcoin address where the coins are.

By that logic, no cars have been stolen. All cars are driven by someone that controls the car using the steering wheel, engine, and brakes.

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February 14, 2014, 11:24:40 AM
Last edit: February 14, 2014, 02:56:40 PM by malevolent
 #9

By that logic, no cars have been stolen. All cars are driven by someone that controls the car using the steering wheel, engine, and brakes.

No car that can not be started by means other then the factory key have ever been stolen.
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February 14, 2014, 11:26:45 AM
 #10

What percentage of US Dollars were pickpocketed at some time?

What percentage of USD were generated by pickpocketing everyone with USD savings via inflation?   Grin

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February 14, 2014, 02:26:45 PM
 #11

What percentage of US Dollars were pickpocketed at some time?

What percentage of USD were generated by pickpocketing everyone with USD savings via inflation?   Grin


roughly 98%

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February 14, 2014, 02:35:18 PM
 #12

"Hot" as in once been stolen.

... stolen don't exist on Bitcoin network.

it's exist on VIRTUAL WALLET (assimiled to bitcoin, but it isn't !)
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