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leemar (OP)
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November 07, 2013, 05:59:51 PM |
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Wild guess, from stories and anecdotes I know of, 20-25%.
Attrition in the early days must have been reasonably high when they had little or no value?
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Rygon
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November 07, 2013, 06:14:02 PM |
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leemar (OP)
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November 07, 2013, 06:19:48 PM |
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Thanks nice thread.
So confirmed lost is approx 63K = 5%, so suspect real number must be over 10%, again wild guess.
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Birdy
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November 07, 2013, 06:27:49 PM
Last edit: November 07, 2013, 06:41:01 PM by Birdy |
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Thanks nice thread.
So confirmed lost is approx 63K = 5%, so suspect real number must be over 10%, again wild guess.
63k aren't 5%, those are 0.3% of the 21 Mio Bitcoins (or about 0.6% of the currently issued ones). I think the amount of coins lost is more than 1 Mio Bitcoins though. |
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leemar (OP)
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November 07, 2013, 06:29:13 PM |
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Sorry, v bad maths, I meant 0.5% of those so far issued.
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mb300sd
Legendary
 Offline
Activity: 1260
Merit: 1000
Drunk Posts
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November 07, 2013, 06:30:34 PM |
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I contributed my 5K back in the day....  |
1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
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leemar (OP)
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November 07, 2013, 06:34:48 PM |
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1 200th = 0.5% in my book if 1% is 100th?
12 mill / 63K = approx 1 200th, no?
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leemar (OP)
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November 07, 2013, 06:36:58 PM |
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I contributed my 5K back in the day.... We all owe you  |
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Birdy
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November 07, 2013, 06:39:08 PM |
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1 200th = 0.5% in my book if 1% is 100th?
12 mill / 63K = approx 1 200th, no?
Sometimes even simple math is difficult xD Yes ~0.5% would be the actual number  |
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leemar (OP)
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November 07, 2013, 06:42:31 PM |
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At least no one will accuse us of being Satoshi  looks like trying to count is a fruitless exercise in any case. |
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shizuska
Newbie
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November 07, 2013, 06:49:37 PM |
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I think lots of BTCs are gone forever, about 15% of what has been mined totally. So thats about 2 million coins.
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foggyb
Legendary
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Activity: 1666
Merit: 1006
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November 07, 2013, 06:54:37 PM |
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I think lots of BTCs are gone forever, about 15% of what has been mined totally. So thats about 2 million coins.
With a range of error of + or - 14.5% |
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leemar (OP)
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November 07, 2013, 06:55:52 PM |
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I think lots of BTCs are gone forever, about 15% of what has been mined totally. So thats about 2 million coins.
Agreed, but I also suspect the rate of attrition will decelerate sharply, as the price increases and people are more careful and coins move to stronger/safer hands. |
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Ecurb123
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November 07, 2013, 07:09:22 PM |
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I think as the value goes up and up, there will be a lot less people losing their bitcoin. Heck I spent the few I had a long time ago too recklessly.
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