Is the number of available bitcoins decreasing?

[RoommateAgreement]

Number of bitcoins is not decreasing, the circulation of bitcoin might have got reduced due to holding of large number of bitcoin by users.

This is true,there are a lot of people that has been holding their coins and it will continue for several months until the halving comes.

Even if the number of bitcoins is not decreasing now, it seems like it will have to be in the future when there are very few being created.  There will always be coins that get lost due to lost private keys, people dying and no one knows the private keys, crashed hard drives, sent to wrong address, etc.

It will be good if the number of bitcoin is decreasing as it will also affect the price of bitcoin as the supply is getting less then the price will go up.

i don't think the amount of bitcoin that is lose is that much portion of the whole available supply that can really affect price.

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[ashkanb]

it'll happen; once all the 21 million coins are mined, whatever coin that's already lost will never be replaced.
the number starts to drop and will always drop.

but thats irrelevant, the price will adjust to the number of coins circulating, i guess 
if at some point some of those lost coins happen to reappear, in large enough numbers, that could upset the value, temporarily, i guess 

[jaysabi]

it'll happen; once all the 21 million coins are mined, whatever coin that's already lost will never be replaced.
the number starts to drop and will always drop.

but thats irrelevant, the price will adjust to the number of coins circulating, i guess 
if at some point some of those lost coins happen to reappear, in large enough numbers, that could upset the value, temporarily, i guess 

Price is always determined by what active supply and active demand is for the coins being traded, which is far smaller than the amount that is accessible, which is smaller than the total amount in existence. As coins are lost, it decreases the accessible supply, which can affect active supply and affect price that way. It's rather a moot point as long as we're still in a highly inflationary period though.

[sallymeeh27]

I may not be sure of this. But if the number of available bitcoins decreasing then this would probably because of its highest demand on the market. If people are mostly buying bitcoin and just holding it up for a price increase then that the reason we have shortage of it..

[Nimbulan]

of course the number of total available bitcoins is decreasing with time as people lose their private keys or just send it to unusable addresses

i think that it isnt a bad thing because if more people lose their bitcoins we get a chance to become more rich because the value of the currency rises

[knowhow]

Well with the staked message causing me problems to make it before,i had lost 0,03btc to electrum wallet soo i had contributed to the lost coins ,and sure all years besides new coins being mined,there still bitcoins being lost over the time.

[jaysabi]

I think any lost coins at this point are going to be very negligible. We're going to be in a period of fairly high inflation for years and it will more than dwarf any accidentally lost coins.

[romero121]

If the bitcoin has decreased then it might be just due to the usage of lots of wallet. So when users forgot those wallets it will make the bitcoin stagnant without use.

[KennyR]

If the bitcoin has decreased then it might be just due to the usage of lots of wallet. So when users forgot those wallets it will make the bitcoin stagnant without use.

This happens. I have seen some friends using number of wallets and at times of requirement, they forget about it. This makes those bitcoins valueless.

[SmartIphone]

The number of available bitcoin is not decreasing but the number of bitcoins per day will be decreased after each halving which we hope will impact the price getting higher.

[Herbert2020]

The number of available bitcoin is not decreasing but the number of bitcoins per day will be decreased after each halving which we hope will impact the price getting higher.

this is about the lost coins not the created amount.
it means losing the wallet or private keys to a bitcoin address with balance because of HDD format, malware,... since nobody can access them ever again they are out of the circulation and are considered lost.
but the amount is nothing compared to the total, so there is nothing to worry about here

[nostal02]

The number of available bitcoin is not decreasing but the number of bitcoins per day will be decreased after each halving which we hope will impact the price getting higher.

this is about the lost coins not the created amount.
it means losing the wallet or private keys to a bitcoin address with balance because of HDD format, malware,... since nobody can access them ever again they are out of the circulation and are considered lost.
but the amount is nothing compared to the total, so there is nothing to worry about here

So what actually happens when some of the coins are lost in the circulation when the mining of bitcoin has been depleted?
Will there be a program to create the lost coins from all the years past?.

[Amph]

The number of available bitcoin is not decreasing but the number of bitcoins per day will be decreased after each halving which we hope will impact the price getting higher.

this is about the lost coins not the created amount.
it means losing the wallet or private keys to a bitcoin address with balance because of HDD format, malware,... since nobody can access them ever again they are out of the circulation and are considered lost.
but the amount is nothing compared to the total, so there is nothing to worry about here

So what actually happens when some of the coins are lost in the circulation when the mining of bitcoin has been depleted?
Will there be a program to create the lost coins from all the years past?.

no there is no reason to do so, because those coin that are lost actually help the other gain more value, so it's a bonus on the overall value

[SmartIphone]

The number of available bitcoin is not decreasing but the number of bitcoins per day will be decreased after each halving which we hope will impact the price getting higher.

this is about the lost coins not the created amount.
it means losing the wallet or private keys to a bitcoin address with balance because of HDD format, malware,... since nobody can access them ever again they are out of the circulation and are considered lost.
but the amount is nothing compared to the total, so there is nothing to worry about here

We are not worrying here, we are just discussing the number of lost bitcoin will be increased every time as it can't decrease, once gone can't cover the loss.

[armansolis593]

The number of available bitcoin is not decreasing but the number of bitcoins per day will be decreased after each halving which we hope will impact the price getting higher.

this is about the lost coins not the created amount.
it means losing the wallet or private keys to a bitcoin address with balance because of HDD format, malware,... since nobody can access them ever again they are out of the circulation and are considered lost.
but the amount is nothing compared to the total, so there is nothing to worry about here

We are not worrying here, we are just discussing the number of lost bitcoin will be increased every time as it can't decrease, once gone can't cover the loss.

The lost coins of bitcoin can really profit us right now because with the lost coin there are few in the circulation and it help the price high.

[SmartIphone]

The number of available bitcoin is not decreasing but the number of bitcoins per day will be decreased after each halving which we hope will impact the price getting higher.

this is about the lost coins not the created amount.
it means losing the wallet or private keys to a bitcoin address with balance because of HDD format, malware,... since nobody can access them ever again they are out of the circulation and are considered lost.
but the amount is nothing compared to the total, so there is nothing to worry about here

We are not worrying here, we are just discussing the number of lost bitcoin will be increased every time as it can't decrease, once gone can't cover the loss.

The lost coins of bitcoin can really profit us right now because with the lost coin there are few in the circulation and it help the price high.

We can't stop the trend of lost coins, but yeah you are right, as stated above from amph more lost coins means that the value of other coins should be increased.

[PaperTree]

The number of available bitcoin is not decreasing but the number of bitcoins per day will be decreased after each halving which we hope will impact the price getting higher.

this is about the lost coins not the created amount.
it means losing the wallet or private keys to a bitcoin address with balance because of HDD format, malware,... since nobody can access them ever again they are out of the circulation and are considered lost.
but the amount is nothing compared to the total, so there is nothing to worry about here

I completely agree with you . I dont think any user who have more than or atleast 1 btc would forget their wallet . If its less than that , then it is negligibly small . so no need to worry about that

[Lumada]

Bitcoin price is increasing without much fluctuations. The decrease in the available bitcoin is just due to the accumulation did by very few users.

I think the price of bitcoin has not risen over the last few months. It is still fluctuating around $420.

[Blackmet]

Don't know what mean bitcoin "lost". Is it disapeared or what?
I think number of available bitcoins is increasing casue bitcoins are non stop generating by miners.

[stereotype]

Don't know what mean bitcoin "lost". Is it disapeared or what?
I think number of available bitcoins is increasing casue bitcoins are non stop generating by miners.

You mean this?.......   https://bitcointalk.org/index.php?topic=1097562.msg11694806#msg11694806