Bitcoin Forum
August 23, 2024, 08:30:47 PM
Welcome,
Guest
. Please
login
or
register
.
News
: Latest Bitcoin Core release:
27.1
[
Torrent
]
Home
Help
Search
Login
Register
More
Bitcoin Forum
>
Bitcoin
>
Bitcoin Discussion
>
What happens to "lost" bitcoin
Pages: [
1
]
« previous topic
next topic »
Print
Author
Topic: What happens to "lost" bitcoin (Read 903 times)
ljudotina
(OP)
Legendary
Offline
Activity: 1260
Merit: 1029
What happens to "lost" bitcoin
January 10, 2014, 03:47:43 PM
#1
I read about guy who forgot about his BTC and dumped HDD containing wallet. I'm pretty much sure he's not only one that did stupid mistake like that.
That made me wonder...what happens with that BTC. Is it lost forever? Will, with time, certain amount of BTC be lost that way? What do you think what percentage can / will be lost?
https://www.bitcoin-hrvatska.com/forum
BTC-TK
Member
Offline
Activity: 154
Merit: 14
Re: What happens to "lost" bitcoin
January 10, 2014, 03:51:59 PM
#2
Satoshi has predicted that some BTC would be lost and claimed that it would only do good to the people that hold BTC since the supply has decreased thus every BTC is worth more.
⚡⚡ PRiVCY ⚡⚡
▂▃▅▆█ ✅ PRiVCY (PRIV) is a new PoW/PoS revolutionary privacy project ● ☞ ✅ Best privacy crypto-market! ● █▆▅▃▂
Own Your Privacy!
─────────────────║
Website
|
Github
|
Bitcointalk
|
Twitter
|
Discord
|
Explorer
║─────────────────
✯✯✯✯✯ ✈✈✈[Free Airdrop - Starts 9th June]✅[Tor]✈✈✈ ║───────────║ Wallet ➢
✓ Windows
|
✓ macOS
|
✓ Linux
ljudotina
(OP)
Legendary
Offline
Activity: 1260
Merit: 1029
Re: What happens to "lost" bitcoin
January 10, 2014, 03:53:51 PM
#3
Ah cool....so there is no recycle mechanism or something like that....
When i think about it, that kind of mechanism would be bad for anyone who wants to keep his BTC untouched for long period of time for whatever reason....
Anyway, thanks for answer.
https://www.bitcoin-hrvatska.com/forum
cr1776
Legendary
Offline
Activity: 4144
Merit: 1307
⇾
Re: What happens to "lost" bitcoin
January 10, 2014, 04:09:14 PM
#4
No recycling mechanism, no. There has been a lot of discussion on the forums about this and the ramifications etc over the years if you want to explore it more. :-)
Kenshin
Sr. Member
Offline
Activity: 280
Merit: 250
Re: What happens to "lost" bitcoin
January 10, 2014, 04:24:13 PM
#5
Quote from: ljudotina on January 10, 2014, 03:47:43 PM
I read about guy who forgot about his BTC and dumped HDD containing wallet. I'm pretty much sure he's not only one that did stupid mistake like that.
That made me wonder...what happens with that BTC. Is it lost forever? Will, with time, certain amount of BTC be lost that way? What do you think what percentage can / will be lost?
It will be lost forever.
whtchocla7e
Full Member
Offline
Activity: 392
Merit: 116
Worlds Simplest Cryptocurrency Wallet
Re: What happens to "lost" bitcoin
January 10, 2014, 04:33:56 PM
#6
All those... bitcoins... will be lost in time, like... tears... in... rain
Quote
▂▂▂▂▂▂
▂▂▂▂▂▂
▂▃▅▆█ L E
A D █▆▅▃▂▂
▂▂▂▂▂▂
▂▂▂▂
World's Si
mplest an
d Safest Decen
tralized Cry
ptocurrency Wa
llet!
▬▬▬▬▬▬
▬ • STOR
E • SEND • SPE
ND • SW
AP • STAKE • ▬
▬▬▬▬▬
doolittle
Full Member
Offline
Activity: 340
Merit: 101
Re: What happens to "lost" bitcoin
January 11, 2014, 01:59:40 PM
#7
Quote from: whtchocla7e on January 10, 2014, 04:33:56 PM
All those... bitcoins... will be lost in time, like... tears... in... rain
Love it !
BitCoinDream
Legendary
Offline
Activity: 2366
Merit: 1204
The revolution will be digital
Re: What happens to "lost" bitcoin
January 11, 2014, 02:19:16 PM
#8
Quote from: whtchocla7e on January 10, 2014, 04:33:56 PM
All those... bitcoins... will be lost in time, like... tears... in... rain
Those Bitcoins are gone to Etya !!!
জানবে সারা বিশ্বময়, এই বাঙালি নিঃস্ব নয়...
BTCisthefuture
Sr. Member
Offline
Activity: 364
Merit: 250
Re: What happens to "lost" bitcoin
January 11, 2014, 04:06:34 PM
#9
Will be interesting in the future to see how many lost coins there are. Satoshi was correct that lost coins means more value for other people's coins. I do wonder though what happens if too many coins where lost.
Hourly bitcoin faucet with a gambling twist !
http://freebitco.in/?r=106463
F-bernanke
Sr. Member
Offline
Activity: 308
Merit: 250
Re: What happens to "lost" bitcoin
January 11, 2014, 04:34:23 PM
#10
Quote from: BTCisthefuture on January 11, 2014, 04:06:34 PM
Will be interesting in the future to see how many lost coins there are. Satoshi was correct that lost coins means more value for other people's coins. I do wonder though what happens if too many coins where lost.
There is no such thing as too many coins lost (except is 95%of the BTC get lost).
There's enough satoshis for everyone.
QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
Re: What happens to "lost" bitcoin
January 11, 2014, 05:39:01 PM
#11
They go to money heaven like the Confederate Dollar, Reichsmark and Deutsche Mark where Jesus uses them to buy angels new wings.
The merit system isn’t working. Read this thread to see why.
Pages: [
1
]
Print
Bitcoin Forum
>
Bitcoin
>
Bitcoin Discussion
>
What happens to "lost" bitcoin
« previous topic
next topic »
Jump to:
Please select a destination:
-----------------------------
Bitcoin
-----------------------------
=> Bitcoin Discussion
===> Legal
===> Press
===> Meetups
===> Important Announcements
=> Development & Technical Discussion
===> Wallet software
=====> Electrum
=====> Bitcoin Wallet for Android
=====> BitcoinJ
=====> Armory
=====> Mycelium
=====> Hardware wallets
=> Mining
===> Mining support
===> Pools
===> Mining software (miners)
===> Hardware
=====> Group buys
===> Mining speculation
=> Bitcoin Technical Support
=> Project Development
-----------------------------
Economy
-----------------------------
=> Economics
===> Speculation
=> Marketplace
===> Goods
=====> Computer hardware
=====> Digital goods
=======> Invites & Accounts
=====> Collectibles
===> Services
===> Currency exchange
===> Gambling
=====> Games and rounds
=====> Investor-based games
=====> Gambling discussion
===> Lending
=====> Long-term offers
===> Securities
===> Auctions
===> Service Announcements
=====> Micro Earnings
===> Service Discussion
=====> Web Wallets
=====> Exchanges
=> Trading Discussion
===> Scam Accusations
===> Reputation
-----------------------------
Other
-----------------------------
=> Meta
===> New forum software
===> Bitcoin Wiki
=> Politics & Society
=> Beginners & Help
=> Off-topic
=> Serious discussion
===> Ivory Tower
=> Archival
===> Корзина
===> CPU/GPU Bitcoin mining hardware
===> Chinese students
===> Obsolete (buying)
===> Obsolete (selling)
===> MultiBit
-----------------------------
Alternate cryptocurrencies
-----------------------------
=> Altcoin Discussion
=> Announcements (Altcoins)
===> Tokens (Altcoins)
=> Mining (Altcoins)
===> Pools (Altcoins)
=> Marketplace (Altcoins)
===> Service Announcements (Altcoins)
===> Service Discussion (Altcoins)
===> Bounties (Altcoins)
=> Speculation (Altcoins)
-----------------------------
Local
-----------------------------
=> العربية (Arabic)
===> العملات البديلة (Altcoins)
=====> النقاشات
===> إستفسارات و أسئلة المبتدئين
===> التعدين
===> النقاشات الأخرى
===> منصات التبادل
=> Bahasa Indonesia (Indonesian)
===> Marketplace (Bahasa Indonesia)
===> Mining (Bahasa Indonesia)
===> Altcoins (Bahasa Indonesia)
===> Trading dan Spekulasi
===> Ekonomi, Politik, dan Budaya
===> Topik Lainnya
=> Español (Spanish)
===> Mercado y Economía
=====> Servicios
=====> Trading y especulación
===> Hardware y Minería
===> Esquina Libre
===> Mercadillo
=====> Mexico
=====> Argentina
=====> España
=====> Centroamerica y Caribe
===> Primeros pasos y ayuda
===> Altcoins (criptomonedas alternativas)
=====> Minería de altcoins
=====> Servicios
=====> Tokens (Español)
=> 中文 (Chinese)
===> 跳蚤市场
===> 山寨币
===> 媒体
===> 挖矿
===> 离题万里
=> Hrvatski (Croatian)
===> Trgovina
===> Altcoins (Hrvatski)
=====> Announcements (Hrvatski)
===> Off-topic (Hrvatski)
=> Deutsch (German)
===> Anfänger und Hilfe
===> Mining (Deutsch)
===> Trading und Spekulation
===> Projektentwicklung
===> Off-Topic (Deutsch)
===> Treffen
===> Presse
===> Altcoins (Deutsch)
=====> Announcements (Deutsch)
===> Marktplatz
=====> Auktionen
=====> Suche
=====> Biete
=> Ελληνικά (Greek)
===> Αγορά
===> Mining Discussion (Ελληνικά)
===> Altcoins (Ελληνικά)
=====> Altcoin Announcements (Ελληνικά)
=====> Altcoin Mining (Ελληνικά)
=> עברית (Hebrew)
=> Français
===> Actualité et News
===> Débutants
===> Discussions générales et utilisation du Bitcoin
===> Mining et Hardware
===> Économie et spéculation
===> Place de marché
=====> Échanges
=====> Produits et services
=====> Petites annonces
===> Le Bitcoin et la loi
===> Wiki, documentation et traduction
===> Développement et technique
===> Vos sites et projets
===> Hors-sujet
===> Altcoins (Français)
=====> Annonces
=> India
===> Mining (India)
===> Marketplace (India)
===> Regional Languages (India)
===> Press & News from India
===> Alt Coins (India)
===> Buyer/ Seller Reputations (India)
===> Off-Topic (India)
=> Italiano (Italian)
===> Guide (Italiano)
===> Progetti
===> Discussioni avanzate e sviluppo
===> Trading, analisi e speculazione
===> Mercato
=====> Mercato valute
=====> Beni
=====> Servizi
=====> Esercizi commerciali
=====> Hardware/Mining (Italiano)
=====> Gambling (Italiano)
===> Accuse scam/truffe
===> Mining (Italiano)
===> Alt-Currencies (Italiano)
=====> Annunci
===> Raduni/Meeting (Italiano)
===> Crittografia e decentralizzazione
===> Off-Topic (Italiano)
=> 日本語 (Japanese)
===> アルトコイン
=> Nederlands (Dutch)
===> Markt
===> Gokken/lotterijen
===> Mining (Nederlands)
===> Beurzen
===> Alt Coins (Nederlands)
===> Off-topic (Nederlands)
===> Meetings (Nederlands)
=> Nigeria (Naija)
===> Politics and society (Naija)
===> Off-topic (Naija)
=> 한국어 (Korean)
===> 대체코인 Alt Coins (한국어)
=> Pilipinas
===> Altcoins (Pilipinas)
=====> Altcoin Announcements (Pilipinas)
===> Pamilihan
===> Others (Pilipinas)
=> Polski
===> Tablica ogłoszeń
===> Alternatywne kryptowaluty
=====> Nowe kryptowaluty i tokeny
=====> Tablica ogłoszeń (altcoiny)
=> Português (Portuguese)
===> Primeiros Passos (Iniciantes)
===> Economia & Mercado
===> Mineração em Geral
===> Desenvolvimento & Discussões Técnicas
===> Criptomoedas Alternativas
===> Brasil
===> Portugal
=> Русский (Russian)
===> Новички
===> Бизнес
=====> Барахолка
=====> Обменники
===> Идеи
===> Кодеры
===> Майнеры
===> Политика
===> Трейдеры
===> Альтернативные криптовалюты
=====> Токены
=====> Бayнти и aиpдpoпы
===> Хайпы
===> Работа
===> Разное
===> Oбcyждeниe Bitcoin
=====> Новости
=====> Юристы
=> Română (Romanian)
===> Anunturi importante
===> Offtopic
===> Market
=====> Discutii Servicii
===> Minerit
===> Tutoriale
===> Bine ai venit!
===> Presa
===> Altcoins (Monede Alternative)
=====> Anunturi Monede Alternative
=> Skandinavisk
=> Türkçe (Turkish)
===> Bitcoin Haberleri
===> Pazar Alanı
===> Madencilik
===> Ekonomi
===> Servisler
=====> Fonlar
===> Proje Geliştirme
===> Alternatif Kripto-Paralar
=====> Madencilik (Alternatif Kripto-Paralar)
=====> Duyurular (Alternatif Kripto-Paralar)
===> Konu Dışı
===> Yeni Başlayanlar & Yardım
===> Buluşmalar
=> Other languages/locations
Loading...