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yvuj101
Newbie
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Activity: 84
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July 13, 2018, 09:03:35 PM |
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first time to know that Where does we can retrieve it or else lost forever that lost I think a big coordinations with bitcoin and can do something with better progress or definitely still working with interest.
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Spaffin
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July 13, 2018, 09:05:45 PM |
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I have read from several sources for a long time that more than six million bitcoins are considered lost. Here the figures are clearly understated and obsolete. In principle, how can you accurately calculate the number of already lost bitcoins. It is clear that this figure will always be approximate.
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Kimchu kuno
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July 13, 2018, 09:08:19 PM |
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first time to know that Where does we can retrieve it or else lost forever that lost I think a big coordinations with bitcoin and can do something with better progress or definitely still working with interest. I think it was only hidden by millionaire please give me a little only for daily needs and feels me the real meaning of Bitcoins worth.
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btcCoincart
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July 13, 2018, 09:08:36 PM |
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Wow, is it official research or just an article by some make up artist LOL! I doubt this truth. But whatever it's interesting to research by myself. Thanks!
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MVT_Freedom
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July 13, 2018, 09:10:37 PM |
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Very interesting article, I'm feeling a little bit richer now
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madjpm
Member
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Activity: 266
Merit: 12
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July 13, 2018, 09:11:45 PM |
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Same as burnt coin... It's not really a prolem, lots of people lost there privates keys. Got a bitcoin wallet in 2011 but never retrived my .dat file like lot of people here
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judel_2018
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July 13, 2018, 09:17:27 PM |
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Very interesting article, I'm feeling a little bit richer now For me about this situation I don't know if 25% are lost because I am the first timer joined this campaign. I cannot experience about this kind of matters. I hope it will not happened to us so that we cannot fell regrets even we are first timer.
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onaiwusun
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July 13, 2018, 09:27:35 PM |
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That's sad, people never really took bitcoin serious and were careless with their keys. I personally have some small quantity (Less than 1 btc) that I cannot access. I know the wallet but no access
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MiningSensei
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July 13, 2018, 09:31:49 PM |
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It is a very high number, i really doubt that it is exactly a twenty five percent, i read about this somewhere but i can not remember it exactly, it was not 25%.
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Hello
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darkangel11
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Activity: 2352
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Defend Bitcoin and its PoW: bitcoincleanup.com
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July 13, 2018, 09:34:50 PM |
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I have read from several sources for a long time that more than six million bitcoins are considered lost. Here the figures are clearly understated and obsolete. In principle, how can you accurately calculate the number of already lost bitcoins. It is clear that this figure will always be approximate. You do realize that the research is based on the addresses being used. According to them my 2014 wallets are probably lost, because I haven't made a single transaction since I bought the coins. I'm sure a lot of coins is lost, but estimating that it's 4 million or 6 million based purely on activity is stupid. Don't underestimate the hodlers
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AlanShlafter
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July 13, 2018, 09:36:41 PM |
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It's interesting to hear that news, I didn't aware of that until seeing this article. I think it's important since BTC has a fixed 21 million supply cap.
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tunapa
Jr. Member
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Activity: 667
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July 13, 2018, 10:02:45 PM |
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Its very good to have come across this write-up. It really broadened my mind with much better information about Bitcoin. I also think information like this will be needed on the amount of Bitcoin holders that lost access to their wallet. If at all they are part of the 25% that are lost.
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dothebeats
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Activity: 3640
Merit: 1352
Cashback 15%
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July 13, 2018, 10:18:38 PM |
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This is already common knowledge. though the numbers are just guesstimate: no one really knows how much bitcoins are lost since they could easily be just cold storages from different people. Nonetheless, in theory this should make all the existing or circulating bitcoins valuable due to the law of supply and demand so this is all good. However, if there aren't really any demand present, no matter how much lost bitcoins are there, it simply wouldn't boost the price up.
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gantez
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July 13, 2018, 10:24:31 PM |
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Same as burnt coin... It's not really a prolem, lots of people lost there privates keys. Got a bitcoin wallet in 2011 but never retrived my .dat file like lot of people here This is just must of the way that bitcoin is lost. And I do believe that much of it was lost in the past because lately, people are very much knowledgeable, wiser and serious with their coin.
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gantez
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July 13, 2018, 10:28:40 PM |
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Same as burnt coin... It's not really a prolem, lots of people lost there privates keys. Got a bitcoin wallet in 2011 but never retrived my .dat file like lot of people here This is just must of the way that bitcoin is lost. And I do believe that much of it was lost in the past because lately, people are very much knowledgeable, wiser and serious with their coin. Very interesting article, I'm feeling a little bit richer now Why do you feel a little richer? You must be careful with your coin and have to labour because rich don't come without some work and determination.
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IamKnowledge
Newbie
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July 13, 2018, 10:33:02 PM |
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It is possible! This is because people die day in and out. When the die, what happens to their bitcoin? If the owners of bitcoin die without leaving any will containing their bitcoin wallet and private key, then the coin will be lost eternally. It is high time we made our next of kins aware of our bitcoin wallet details, death is inevitable.
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bitchubitchu
Newbie
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Activity: 175
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July 13, 2018, 10:34:33 PM |
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I don't know that information,thanks for sharing here.Hope that it will recuperate them so that more bit coins will circulates.
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jossiel
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July 13, 2018, 10:36:44 PM |
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4 million bitcoins lost and 2 million were hacked that's a lot of bitcoin that are going gone in the market except those stolen ones. How can it be that he said that these lost bitcoins cannot be part of the supply if there are only limited supply of bitcoin. Lost or not, it's still part of the supply, circulating or not. Total of 17 million bitcoins on circulation less this 4 million, 13 million bitcoins in the market. That's sad, people never really took bitcoin serious and were careless with their keys. I personally have some small quantity (Less than 1 btc) that I cannot access. I know the wallet but no access
We can't blame them for being careless during the early days if I'm on their shoe probably I'll commit the same mistake.
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zolfa
Member
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Activity: 518
Merit: 11
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July 13, 2018, 10:46:14 PM |
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I do not understand why this can happen? because I think that bitcoin circulation in every market is 4 million bitcoin remaining, then predicted will be exhausted in 2024. but after hearing 4 million bitcoin lost from the market, I feel pessimistic.
if 4 million bitcoins are lost, bitcoin will not have a chance to have a high value. maybe bitcoin will end here.
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