where goes the lost bitcoins?

[Moesee]

They gone, read an article about a guy in the U.K. Who
Threw out his laptop with his keys, worth millions sad but gone.
If only I could find that drive :

[1714476062]

1714476062

[1714476062]

1714476062

[1714476062]

1714476062

[1714476062]

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[Mike Mayor]

Whilst the coins are indeed lost and individually the person lost their coins but globally it bnefits everyone because it is the same as burning coins that destroyed coins will never come back and this reduc the maximum amount of coins in turn making them later. It all evens out eventually so it makes little impact but to the individual who lost that coins it makes a huge difference.

[1kings]

this thread talk about lost coins, i want ask some question.
1. how to secure our wallet address ?
2. is there any third party software or hardware to secure it ?

thanks i would like to hear from all senior here. because this will protect us from losing our coins.

The easiest is to always make offline backup of your passwords or phrases. Trusting anything online makes you prone to cyber attacks and the likes. By the way, if owning BTC makes you your bank, why do you want to give the key to your vault to someone else?

[Technical]

Try to keep the wallet keys safe and secure. Always have the habit of regular backups.

P.S. The coins are never lost. Only access is lost.

[thinkpad99]

Try to keep the wallet keys safe and secure. Always have the habit of regular backups.

P.S. The coins are never lost. Only access is lost.

Most Bitcoins lose their novice users through poor portfolio security and by using fake bugs. You must not be gullible, because there is a fraud on every corner.

[slackcryptoz]

This gets under the list of lost coins. Those coins add up to the market volume and gets considered with the holding. So this won't affect the growth or price of the bitcoin. Its better to keep it in a secure manner and make use of it rather than making it go useless. Enhancing the security is the one that makes it usable.