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Author Topic: How does bitcoin market cap take into acount forever lost bitcoins  (Read 464 times)
TopT3ns
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November 30, 2020, 03:53:11 PM
 #41

~ So in order to calculate something that is forever gone would be very hard if you do not know the number of it, hence they do not care about that at all.
~
I think as long as the circulation of bitcoin is still rotating and still having transactions it will make it difficult for us to count all the coins in circulation and how many have never been touched again, but unfortunately it will never be possible because the trading volume of bitcoin will always increase and that is certain there will always be transactions made.

Xinarae*
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December 01, 2020, 03:11:31 AM
 #42

It depends on the market cap for the currency or token to be lost. Many projects fail to balance their markets which is why they get lost forever this is why it is better to stay away from investing in lost tokens and those that have no market credibility. There will be no fear of getting lost. Bitcoins can never be taken away, even if their value is reduced it is possible to use them as currency. When the market for token investing is lost the stock market goes down.
Inspectron (OP)
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December 03, 2020, 10:58:32 PM
 #43


BTW every lost coin can be recovered if agreed upon by consensus.

Pretend there are 2 million lost coins.

We could agree  that a wallet/address not touched for 50 years goes back into the pool of 21 million coins.


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Or you could agree it would go to end world hunger.  -\oo\_
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