How many Bitcoins are lost forever?

[tyz]

Sorry for your loss. May I ask how much your loss was?

Did you send your Bitcoins to a valid address? In this case, your Bitcoins are not really lost. They are just owned by someone else.

I have lost my bitcoin yesterday, it happen because I sent my bitcoin to joining faucet but my mistake I don't read the rules of this faucet. when I deposit my bitcoin it is not adding my deposit in the faucet. so, I think my bitcoin is lost forever.   

[Mometaskers]

This is a mystery though I suppose it would be larger than most of us would suspect. Most people's introduction to bitcoins are faucets and those would not allow you to send them to your wallet unless you reach a certain amount of satoshis. I've tried several faucets in the past but never really managed to claim those satoshis because of the minimum amount needed to be reached. Many people could have tried one or two faucet, called it quits and forgot about their account. The satoshis are still there but for all we care they're dead and out of circulation.

[MFahad]

The question to be really difficult to give a specific answer, I think about it, no one will ever know.

If this kind of situation comes, but then its owner's negligence if happens. And to think how many were lost, big enough to count it
from the very start of bitcoin.

[farl2web]

The question to be really difficult to give a specific answer, I think about it, no one will ever know.

If this kind of situation comes, but then its owner's negligence if happens. And to think how many were lost, big enough to count it
from the very start of bitcoin.

Even if the count of the situation because of which the user can forget or lose the keys, you still do not get lost count how many bitcoin on forever.

[SvenBomvolen]

I know there are a large number of them.  I am one of the sad souls who did not take it seriously and lost my whole wallet after I invested $1,800 into 100 of them a long time a go.  It happens and good luck to whom ever finds them.

Bad luck for you, same happens with many users losing their bitcoin wallets. I don't think someone other than the original authority could get the wallet for his goodness. Because every address is unique. Also I believe the lost coins won't affect the bitcoin economy, as they're already calculated on mining.

   Its not a bad luck its a disaster. 100 BTC is around 80 000 euros, that is a fortune, and its now bitcoin can cost more and this bitcoins will worth more then now. I dont understand all this with lost coins, how can someone calculate them, after which time coins are lost, and where are people who save coins. This is difficult for me to understand.
   After reading this thread, I see there is a lot of people who lost their bitcoins. Probably we will never know exact number of lost coins, one thing bothers me, can someone take advantage of this lost coins and in which way if its possible.

[richardsNY]

I know there are a large number of them.  I am one of the sad souls who did not take it seriously and lost my whole wallet after I invested $1,800 into 100 of them a long time a go.  It happens and good luck to whom ever finds them.

Bad luck for you, same happens with many users losing their bitcoin wallets. I don't think someone other than the original authority could get the wallet for his goodness. Because every address is unique. Also I believe the lost coins won't affect the bitcoin economy, as they're already calculated on mining.

   Its not a bad luck its a disaster. 100 BTC is around 80 000 euros, that is a fortune, and its now bitcoin can cost more and this bitcoins will worth more then now. I dont understand all this with lost coins, how can someone calculate them, after which time coins are lost, and where are people who save coins. This is difficult for me to understand.
   After reading this thread, I see there is a lot of people who lost their bitcoins. Probably we will never know exact number of lost coins, one thing bothers me, can someone take advantage of this lost coins and in which way if its possible.

It will surprise you even more as there are people that lost so many coins, that by now they would be multi millionaire. It's reckless behaviour that they will regret and their entire life will not forget. Imagine, you are working for $1500-$2000 per month knowing that you could have been a multi millionaire if you took care of your coin backups. They flushed their one and only ever chance to get millionaire down the drain.

[equator]

I know there are a large number of them.  I am one of the sad souls who did not take it seriously and lost my whole wallet after I invested $1,800 into 100 of them a long time a go.  It happens and good luck to whom ever finds them.

Bad luck for you, same happens with many users losing their bitcoin wallets. I don't think someone other than the original authority could get the wallet for his goodness. Because every address is unique. Also I believe the lost coins won't affect the bitcoin economy, as they're already calculated on mining.

   Its not a bad luck its a disaster. 100 BTC is around 80 000 euros, that is a fortune, and its now bitcoin can cost more and this bitcoins will worth more then now. I dont understand all this with lost coins, how can someone calculate them, after which time coins are lost, and where are people who save coins. This is difficult for me to understand.
   After reading this thread, I see there is a lot of people who lost their bitcoins. Probably we will never know exact number of lost coins, one thing bothers me, can someone take advantage of this lost coins and in which way if its possible.

It will surprise you even more as there are people that lost so many coins, that by now they would be multi millionaire. It's reckless behaviour that they will regret and their entire life will not forget. Imagine, you are working for $1500-$2000 per month knowing that you could have been a multi millionaire if you took care of your coin backups. They flushed their one and only ever chance to get millionaire down the drain.

Ya it is true and even now a days also their are so many users who have lost their wallet due to accident delete of wallet or some problem with hardware and never took backup of their wallet , so this is not before but this is happening now also, so as per my view i think from the actual bitcoin calculation till now mined nearly 20% of them are in death wallet address as they are lost or long before users have thrown due to frustration of price crash.  so as per it only 80% of it is roaming in the market.

[seven4smoke]

I know there are a large number of them.  I am one of the sad souls who did not take it seriously and lost my whole wallet after I invested $1,800 into 100 of them a long time a go.  It happens and good luck to whom ever finds them.

Bad luck for you, same happens with many users losing their bitcoin wallets. I don't think someone other than the original authority could get the wallet for his goodness. Because every address is unique. Also I believe the lost coins won't affect the bitcoin economy, as they're already calculated on mining.

   Its not a bad luck its a disaster. 100 BTC is around 80 000 euros, that is a fortune, and its now bitcoin can cost more and this bitcoins will worth more then now. I dont understand all this with lost coins, how can someone calculate them, after which time coins are lost, and where are people who save coins. This is difficult for me to understand.
   After reading this thread, I see there is a lot of people who lost their bitcoins. Probably we will never know exact number of lost coins, one thing bothers me, can someone take advantage of this lost coins and in which way if its possible.

It will surprise you even more as there are people that lost so many coins, that by now they would be multi millionaire. It's reckless behaviour that they will regret and their entire life will not forget. Imagine, you are working for $1500-$2000 per month knowing that you could have been a multi millionaire if you took care of your coin backups. They flushed their one and only ever chance to get millionaire down the drain.

Ya it is true and even now a days also their are so many users who have lost their wallet due to accident delete of wallet or some problem with hardware and never took backup of their wallet , so this is not before but this is happening now also, so as per my view i think from the actual bitcoin calculation till now mined nearly 20% of them are in death wallet address as they are lost or long before users have thrown due to frustration of price crash.  so as per it only 80% of it is roaming in the market.

This figure is only produced cryptocurrency and still need to call numbers will be much more produced. But I do not think that this is possible to draw conclusions about mortality in bitcoin wallets.

[crairezx20]

I know there are a large number of them.  I am one of the sad souls who did not take it seriously and lost my whole wallet after I invested $1,800 into 100 of them a long time a go.  It happens and good luck to whom ever finds them.

Bad luck for you, same happens with many users losing their bitcoin wallets. I don't think someone other than the original authority could get the wallet for his goodness. Because every address is unique. Also I believe the lost coins won't affect the bitcoin economy, as they're already calculated on mining.

   Its not a bad luck its a disaster. 100 BTC is around 80 000 euros, that is a fortune, and its now bitcoin can cost more and this bitcoins will worth more then now. I dont understand all this with lost coins, how can someone calculate them, after which time coins are lost, and where are people who save coins. This is difficult for me to understand.
   After reading this thread, I see there is a lot of people who lost their bitcoins. Probably we will never know exact number of lost coins, one thing bothers me, can someone take advantage of this lost coins and in which way if its possible.

It will surprise you even more as there are people that lost so many coins, that by now they would be multi millionaire. It's reckless behaviour that they will regret and their entire life will not forget. Imagine, you are working for $1500-$2000 per month knowing that you could have been a multi millionaire if you took care of your coin backups. They flushed their one and only ever chance to get millionaire down the drain.

Ya it is true and even now a days also their are so many users who have lost their wallet due to accident delete of wallet or some problem with hardware and never took backup of their wallet , so this is not before but this is happening now also, so as per my view i think from the actual bitcoin calculation till now mined nearly 20% of them are in death wallet address as they are lost or long before users have thrown due to frustration of price crash.  so as per it only 80% of it is roaming in the market.

This figure is only produced cryptocurrency and still need to call numbers will be much more produced. But I do not think that this is possible to draw conclusions about mortality in bitcoin wallets.

Well in my own experience i lose my first bitcoin before i thought that it is easy to install bitcoin-qt it takes too long before you can fully sync your bitcoin-qt.. that is why i am thinking before that bitcoin is scam because i just buy it before and try to deposit in my bitcoin-qt i just forgot this bitcoin and try another that not need to sync for too long.. so i think my bitcoin there still alive but it is ok for me because its just a small amount.

[aardvark15]

There's no way to calculate lost Bitcoins. But we do know that once they are lost, it is virtually impossible to get them back because you would need to get lucky with guessing the private key. There are probably Bitcoins lost every day, so this could help increase the value of the remaining Bitcoin.

[Mlich]

The question to be really difficult to give a specific answer, I think about it, no one will ever know.

Finding it difficult to give a specific number but one thing am sure of its over a million plus worth of bitcoins are lost forever

[Mr.grin]

There's no way to calculate lost Bitcoins. But we do know that once they are lost, it is virtually impossible to get them back because you would need to get lucky with guessing the private key. There are probably Bitcoins lost every day, so this could help increase the value of the remaining Bitcoin.

Well, for the businessman, so many bitcoin is lost every day, but do not worry, because every bitcoin is missing, it will definitely get a locker with a better one. but, maybe this time I have lost approximately 1 BTC, but I've never regretted it, because it is part of the journey towards success.

[Mozdalifa17]

There's no way to calculate lost Bitcoins. But we do know that once they are lost, it is virtually impossible to get them back because you would need to get lucky with guessing the private key. There are probably Bitcoins lost every day, so this could help increase the value of the remaining Bitcoin.

i am not a programmer specialist but anytime in the future , someone might find possibility to return them back (lost bitcoin) , or even bitcoin foundation . ??

[Spirit2016]

There's no way to calculate lost Bitcoins. But we do know that once they are lost, it is virtually impossible to get them back because you would need to get lucky with guessing the private key. There are probably Bitcoins lost every day, so this could help increase the value of the remaining Bitcoin.

I also think it's very empty talk about bitcoin wallets loss that threw people. It is generally impossible to do.

[mikecgna]

There's no way to calculate lost Bitcoins. But we do know that once they are lost, it is virtually impossible to get them back because you would need to get lucky with guessing the private key. There are probably Bitcoins lost every day, so this could help increase the value of the remaining Bitcoin.

i am not a programmer specialist but anytime in the future , someone might find possibility to return them back (lost bitcoin) , or even bitcoin foundation . ??

As far as I know it is possible to recover all passwords from the wallet if lost. Thus the risk of losing bitcoin reduced.

[angaper]

I have read those sad cases of people losing great amounts of bitcoins, and this is undoubtedly a great disadvantage of the bitcoin. When you send an erroneous transaction through banks, your money is stolen or you lose your PIN or account number, there are options to recover your lost money. But in the bitcoin ecosystem this is almost impossible today.

[jobach]

many but it will make BTC expensive , because   total investment / (total supply - total lost forever)   is more than total investment/ total supply

[Bitcoinsummoner]

I have read those sad cases of people losing great amounts of bitcoins, and this is undoubtedly a great disadvantage of the bitcoin. When you send an erroneous transaction through banks, your money is stolen or you lose your PIN or account number, there are options to recover your lost money. But in the bitcoin ecosystem this is almost impossible today.

Well bitcoin has no reverse payment so they have no ways to recover it.. unlike in paypal that you can charge back or reverse payment..
Bitcoin is trending for some other country and i think many people are already lose their bitcoin like forgot password or send bitcoin to the wrong address.
If its happen dont expect that you can get recover your bitcoin.. this is disadvantage but for me it is advantage because it can push bitcoin more if many people are losing their bitcoin.. they can deposit again to get a new bitcoin in their real wallet address. .

[d-trixx]

The number of blocks, multiplied by the number of coins in the block equal to the sum of existing coins. The number of coins in the 50 well block BTC 210 000 for the first block 25 for the next BTC units 210,000, then 12.5 BTC and so on. Thus it will be possible to calculate what losses there are today. Or maybe after bitcoin mining all become clear.

[crairezx20]

The number of blocks, multiplied by the number of coins in the block equal to the sum of existing coins. The number of coins in the 50 well block BTC 210 000 for the first block 25 for the next BTC units 210,000, then 12.5 BTC and so on. Thus it will be possible to calculate what losses there are today. Or maybe after bitcoin mining all become clear.

Well i think we can still count it even right now.. it is impossible to know those lose bitoin.. because many users of bitcoin and there is no sign that bitcoin is lost.. if there is every transaction sign that this bitcoin wallet address is lose. or any notice that you can know it is lose. .