highalch (OP)
Jr. Member
Offline
Activity: 87
Merit: 3
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2024, 10:24:51 AM |
|
I have a theory that even though we talk about halving the issuance rate every 4 years, the BTC price is just as much influenced by the amount of coins lost day by day. I've read analysts estimating even around 6M bitcoins are likely to be lost forever. Those are horrendous numbers. But surprisingly in contrast, I've never seen anyone put the average of lost BTC estimations over time on a chart. The closest we can get are the "supply last active N years ago" type of charts, but they lack context.
I would be highly interested on historical data of the aggregated amount of coins claimed to be lost over time. If you know a reliable source, please share!
|
|
|
|
boyptc
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2024, 10:56:26 AM |
|
That's also the amount that the articles that I've seen discussing about the entirety of lost Bitcoins forever. Like it's 4 million on 2022 and it had increased to 6 million on 2023.
And for this year, I guess that there will be more of it but I'm also interested to see actual data and charts about it. I've tried to searched but found none.
|
|
|
|
Charles-Tim
Legendary
Offline
Activity: 1666
Merit: 5096
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2024, 11:07:25 AM |
|
I've never seen anyone put the average of lost BTC estimations over time on a chart. The closest we can get are the "supply last active N years ago" type of charts, but they lack context.
I would be highly interested on historical data of the aggregated amount of coins claimed to be lost over time. If you know a reliable source, please share!
If you see it, it will not be accurate and it would be full of misinformation. This is because you can not know the total amount of lost bitcoin. There are some coins that have not been moved since long time ago but which are not lost, but while some are lost. Know one can know the total amount of lost bitcoin because you can not know if the owner of inactive coins still has the private key or not.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
hugeblack
Legendary
Offline
Activity: 2632
Merit: 3881
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2024, 11:10:25 AM |
|
Only bitcoin that were sent to proving of burn addresses, or some addresses, or lost due to some technical problems or due to some blocks, are the only ones are lost, and the number is less than 50k Bitcoins. I have coins that I have not moved since 2017, and many have not moved their coins since 2011, so how can you guarantee that they are lost?
In general, this topic has been discussed thousands of times. Use the search feature.
|
|
|
|
Hatchy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2024, 12:26:50 PM |
|
I've read analysts estimating even around 6M bitcoins are likely to be lost forever. Those are horrendous numbers.
Those coins might not be permanently lost, buddy. Some addresses might have unused coins not because the owners lost access, but due to reasons like passing away or being unable to use the internet. Many investors choose to keep some coins untouched for privacy reasons. the price of Bitcoin is influenced by these lost coins. The more coins are lost, the higher Bitcoin's price tends to be in the market. In the case of Bitcoin, its value goes up due to its limited supply. some analyses are just estimates, and given the rounded figures, we can't be certain those coins are truly lost forever. As @hugeBlack mentioned, Bitcoins sent to a burn address are more likely to be lost permanently. You should read this article on lost coins https://originstamp.com/blog/how-many-bitcoins-have-been-lost/
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | | | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
[/quote] [center][table][tr][td][url=https://rollbit.com/][color=#000][font=arial black][size=24pt]R[/size][/font][/t
|
|
|
highalch (OP)
Jr. Member
Offline
Activity: 87
Merit: 3
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2024, 12:43:16 PM |
|
Maybe I'll rephrase the question here
Having a current predicton with the most accuracy is not the point here. Also what is lost and what is not is yet another discussion.
I'm looking for historical data like this:
2013: 3.4M BTC estimated to be lost 2014: 4.1M BTC estimated to be lost 2015: 4.3M... etc.
|
|
|
|
theapprentice
Newbie
Offline
Activity: 1
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2024, 12:45:27 PM |
|
I have a theory that even though we talk about halving the issuance rate every 4 years, the BTC price is just as much influenced by the amount of coins lost day by day. I've read analysts estimating even around 6M bitcoins are likely to be lost forever. Those are horrendous numbers. But surprisingly in contrast, I've never seen anyone put the average of lost BTC estimations over time on a chart. The closest we can get are the "supply last active N years ago" type of charts, but they lack context.
I would be highly interested on historical data of the aggregated amount of coins claimed to be lost over time. If you know a reliable source, please share!
In my opinion, almost 5% of all BTC are "Lost" or at least inaccessible. Has been 15 years since first block so, to many things happend trough this time. Just my humble opinion.
|
|
|
|
Zanab247
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1316
Merit: 190
Catalog Websites
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2024, 01:19:08 PM |
|
Maybe I'll rephrase the question here
Having a current predicton with the most accuracy is not the point here. Also what is lost and what is not is yet another discussion.
I'm looking for historical data like this:
2013: 3.4M BTC estimated to be lost 2014: 4.1M BTC estimated to be lost 2015: 4.3M... etc.
Are you sure that this results you got from social media is the right amount of BTC lost in those years, well am not here to argue with you because, if I assume the amount of BTC lost in 2013 , I guess it will be more than 3.4m BTC if the right calculation is done because a lot of things happen in that period. Since I really witness last year lost but not really sure the exact amount of BTC was lost in that bear run but I know that 6.3m BTC lost which is among some of the things that affected the gas fee of BTC to increase higher. I know that there will not be too much lost in this season, because they will not allow those things that made them to experience those lost to occur again than to make it in a way they will increase their gain and to make hodlers to feel the same way too in this 2024.
|
████████████████████ BitList ████████████████████ Real-Time Data Tracking Curated by The Community │││││││││││││ List #kycfree Websites │││││││
|
|
|
btc78
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2618
Merit: 217
Eloncoin.org - Mars, here we come!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2024, 01:24:29 PM |
|
It is extremely hard to identify the total number of bitcoin lost it is not always gonna be accurate most people define ‘lost’ as coins that have not been moved but how can we know if a coin is just being held by an investor for long-term or the investor already no longer has access to that coin?
Anyway coins that are not in circulation anymore definitely affects the price of bitcoin less supply and more demand that kind of concept so even intentionally people really do take bitcoin and send them to addresses that are inactive so that they can manipulate the market
|
|
|
|
Apocollapse
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2024, 01:39:21 PM |
|
How to define lost BTC in the first place? if you say inactive address that never make any transaction at least 5 years, it's incorrect because the holder might still have the seed phrase, but choose to remain silent because he want to cash out when Bitcoin hit $1M for the example. This is the list of address with a balance, good luck to guess how many addresses that the holders lost the seed phrase. I'm looking for historical data like this:
2013: 1M BTC estimated to be lost. 2014: 2M BTC estimated to be lost. 2015: 3M BTC estimated to be lost. 2016: 4M BTC estimated to be lost. 2017: 5M BTC estimated to be lost. 2018: 6M BTC estimated to be lost. 2019: 7M BTC estimated to be lost. 2020: 8M BTC estimated to be lost. 2021: 9M BTC estimated to be lost. 2022: 10M BTC estimated to be lost. 2023: 11M BTC estimated to be lost. Source: Apocollapse's shit.
|
|
|
|
EL MOHA
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2024, 01:46:32 PM |
|
Maybe I'll rephrase the question here
Having a current predicton with the most accuracy is not the point here. Also what is lost and what is not is yet another discussion.
I'm looking for historical data like this:
2013: 3.4M BTC estimated to be lost 2014: 4.1M BTC estimated to be lost 2015: 4.3M... etc.
This data just like everyone has said above will be hard to get even an estimate. The coins that one can confidently say are lost are the ones sent to a burner address and the reward for genesis block. Even those address are a thing to get hold on, because they are different and plenty of those addresses currently. A thread here was once created for burner addresses and it is not active again. So this seriously a huge task to combine those addresses. One thing I am certain of is the number lost bitcoins yearly will certainly be reducing as move on because back in the early days when bitcoin wasn’t that expensive was the reason why lost bitcoin was common. Right now people take their bitcoin security seriously and one can hardly lose or burn his bitcoin this days except if they got hack which is not lost or forgotten private key which can still be recovered of the private key is later been found
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | | | [ | 1,000x LEVERAGE | ] | [ | . COMPETITIVE FEES | ] | [ | INSTANT EXECUTION | ] | | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | ████████████████████████████████████████████████████████ . TRADE NOW . ████████████████████████████████████████████████████████ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ |
|
|
|
MusaMohamed
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 994
Merit: 309
Vave.com - Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2024, 01:48:02 PM |
|
I've read analysts estimating even around 6M bitcoins are likely to be lost forever. Those are horrendous numbers. But surprisingly in contrast, I've never seen anyone put the average of lost BTC estimations over time on a chart. The closest we can get are the "supply last active N years ago" type of charts, but they lack context.
I would be highly interested on historical data of the aggregated amount of coins claimed to be lost over time. If you know a reliable source, please share!
No reliable source because nobody knows about the exact number of lost bitcoins. How many bitcoins have been lost?Lost bitcoins: 3.7 million bitcoins are probably gone foreverYou can use this HODL waves chart and make estimation like them. https://www.lookintobitcoin.com/charts/hodl-waves/Don't worry if you did not lose your bitcoin forever. Lost bitcoins from other people is like a donation for you. Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.
|
|
|
|
|
alastantiger
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 644
Merit: 362
Crypto Casino and Sportsbook
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2024, 02:33:32 PM |
|
If you see it, it will not be accurate and it would be full of misinformation. This is because you can not know the total amount of lost bitcoin. There are some coins that have not been moved since long time ago but which are not lost, but while some are lost. Know one can know the total amount of lost bitcoin because you can not know if the owner of inactive coins still has the private key or not.
True just as this CAIA Manager Timothy Peterson claims that 1,500 bitcoins are lost each day. This I agree with you is inaccurate. The best any expert can do is give an estimate. Once any actual figure.is attached to it, it becomes a misinformation. It is too difficult to compute the figures. https://news.bitcoin.com/analyst-1500-bitcoins-lost-every-day-less-than-14-million-coins-will-ever-circulate/
|
| | | | | | FIRST NO WAGERING BONUS CASINO & SPORTSBOOK SLOTS │ LIVE CASINO │ LIVE GAMES │ SPORTS | | | ► | WELCOME BONUS ─── UP TO ─── [ $500 ] | | ► | MULTI BET BONUS ─── UP TO ─── [ 200% ] | █████████████▄██▄ ████████████▐█████ ███▄██▄█████▐██████▄ ████████▄▄██████████▄ ███▐██▀██▀███████████ ██████████████████████▄ ███▐▄█████▄████████████▄ ▄▀▀███████████▄███████░█▌ ▀███████████████████████ ░███████████████████████ ░░▀▀▀▄██▄███████████████▄ ░░████▀█▀█████████████████▄▄ ██████▀███████████████████████▄ | [ | PLAY NOW | ] |
|
|
|
blckhawk
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2024, 02:36:53 PM |
|
That's also the amount that the articles that I've seen discussing about the entirety of lost Bitcoins forever. Like it's 4 million on 2022 and it had increased to 6 million on 2023.
And for this year, I guess that there will be more of it but I'm also interested to see actual data and charts about it. I've tried to searched but found none.
That's a lot of bitcoin if you ask me but I'm not complaining if that's the amount but still I can't believe that there's that many speculated amount that's gone forever. Does that number include the bitcoins that haven't moved in a decade or 5 years? Also, I'm curious as to how they make this estimates because it seems to me that the most obvious way which is checking the addresses that have these bitcoins or counting the current circulation of bitcoin in different exchanges are a little bit too on the nose for me. I want to see a chart for that too but I don't want the complex kind of chart though, something that can be understood by reading a few lines or just looking at the chart and not having a hard time understanding it.
|
|
|
|
God bless u
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 378
Merit: 112
Eloncoin.org - Mars, here we come!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2024, 02:42:58 PM |
|
That's also the amount that the articles that I've seen discussing about the entirety of lost Bitcoins forever. Like it's 4 million on 2022 and it had increased to 6 million on 2023.
And for this year, I guess that there will be more of it but I'm also interested to see actual data and charts about it. I've tried to searched but found none.
Damn. 2 million bitcoins lost or discovered to be lost in just one year is a very very huge number. it is kind of scary too considering total supply of Bitcoin which is only 21 millions. that is like a whooping 30% of total Bitcoin supply lost forever. i wish there was a way to bring those coins back to circulation. because right now we are not noticing but long-term effect of those lost coins in Bitcoin's price would be really big. Only bitcoin that were sent to proving of burn addresses, or some addresses, or lost due to some technical problems or due to some blocks, are the only ones are lost, and the number is less than 50k Bitcoins. I have coins that I have not moved since 2017, and many have not moved their coins since 2011, so how can you guarantee that they are lost?
In general, this topic has been discussed thousands of times. Use the search feature.
Indeed, the exact amount of lost bitcoin is not confirmed. but according to research the estimated amount is 6Million. even if 6 million is not accurate. i don't think 50K is accurate either. that sounds too low to me.
|
|
|
|
Kelward
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2024, 02:58:36 PM |
|
I've never seen anyone put the average of lost BTC estimations over time on a chart. The closest we can get are the "supply last active N years ago" type of charts, but they lack context.
I would be highly interested on historical data of the aggregated amount of coins claimed to be lost over time. If you know a reliable source, please share!
If you see it, it will not be accurate and it would be full of misinformation. This is because you can not know the total amount of lost bitcoin. There are some coins that have not been moved since long time ago but which are not lost, but while some are lost. Know one can know the total amount of lost bitcoin because you can not know if the owner of inactive coins still has the private key or not. I don't think that there's any means to accurately determine the actual amount of Bitcoin that has been lost over time, this is because Bitcoin is decentralized and there's no central authority where data can be compiled, so we wouldn't know the ones that are lost or not been touched for years, no customer service to report lost wallet addresses. All we can get is estimates which can not be accurate.
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | | | [ | 1,000x LEVERAGE | ] | [ | . COMPETITIVE FEES | ] | [ | INSTANT EXECUTION | ] | | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | ████████████████████████████████████████████████████████ . TRADE NOW . ████████████████████████████████████████████████████████ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ |
|
|
|
Rikafip
Legendary
Offline
Activity: 1876
Merit: 6320
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2024, 03:04:12 PM |
|
Damn. 2 million bitcoins lost or discovered to be lost in just one year is a very very huge number. it is kind of scary too considering total supply of Bitcoin which is only 21 millions. that is like a whooping 30% of total Bitcoin supply lost forever. We can't be absolutely sure that all those bitcoins are lost forever. Who knows, maybe Satoshi decides to comes back one day (highly unlikely, but you never know) or someome gets in the possesion of private keys of his addresses and moves around those bitcoins. By the way, to that account you should also add 26 BTC that someone sent yesterday to genesis block address.
|
|
|
|
thecodebear
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2024, 03:10:59 PM |
|
I have a theory that even though we talk about halving the issuance rate every 4 years, the BTC price is just as much influenced by the amount of coins lost day by day. I've read analysts estimating even around 6M bitcoins are likely to be lost forever. Those are horrendous numbers. But surprisingly in contrast, I've never seen anyone put the average of lost BTC estimations over time on a chart. The closest we can get are the "supply last active N years ago" type of charts, but they lack context.
I would be highly interested on historical data of the aggregated amount of coins claimed to be lost over time. If you know a reliable source, please share!
Not likely. Bitcoin's were readily lost in its early days when it was worth nothing or barely anything because it was just an experiment used by a few thousand people and people didn't take it seriously enough to store their keys safely. These days losing Bitcoin is very rare, and certainly has no effect on the market when hundreds of thousands of bitcoin are traded every day. I've never seen the 6m estimate, but yeah that is horrendous. It is likely 2 million lost bitcoin, maybe at very most 2.5 million. Might even be less than 2 million, even with 1 million lost from Satoshi. People get the absurd lost estimates like 4m or 6m because they like to pretend any bitcoin that hasn't moved for a certain amount of years is lost. So if they keep that length of time the same, say 10 years, naturally over time that will come to include more and more bitcoin, despite them not being lost but simply held long term.
|
|
|
|
highalch (OP)
Jr. Member
Offline
Activity: 87
Merit: 3
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2024, 04:37:10 PM |
|
I've already gone through some of these on bitcointalk as well, and it's so much clutter to make sense of all the data here. I was hoping someone structured the data already in some way, shape or form.
|
|
|
|
|