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Author Topic: Let's add up the KNOWN lost bitcoins  (Read 47996 times)
littlewizard
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September 02, 2014, 10:04:58 PM
 #261

That 1% is a lot in my opinion, taking into consideration this is just a corner of the glacier, I guess there maybe in total 5% lost..

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September 02, 2014, 10:41:15 PM
 #262

That 1% is a lot in my opinion, taking into consideration this is just a corner of the glacier, I guess there maybe in total 5% lost..
I wouldn't be surprised if it is more like 2M BTC lost.  In the first year+ of Bitcoin's existence (during which almost 2M coins were mined) it was nothing more than an interesting experiment.  The coins were worthless, and people treated them as such.  I mean heck, the first known monetary valuation wasn't until Lazlo's pizza, which was mid-2010, 1 and a half years after it started.  Not to mention than Satoshi himself mined a good 1M BTC, and I don't expect those will ever move.

Just my best guess on it.  I'd be willing to bet that 10 years from now, there will be at least 2M coins that haven't moved between now and then.
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November 12, 2014, 06:29:15 AM
 #263

I lost 0.8 btc at the beginning of my journey that was a couple years ago, and recently 0.05 play money. Cheesy

+ 0.85

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November 12, 2014, 07:14:31 AM
 #264

That 1% is a lot in my opinion, taking into consideration this is just a corner of the glacier, I guess there maybe in total 5% lost..
I wouldn't be surprised if it is more like 2M BTC lost.  In the first year+ of Bitcoin's existence (during which almost 2M coins were mined) it was nothing more than an interesting experiment.  The coins were worthless, and people treated them as such.  I mean heck, the first known monetary valuation wasn't until Lazlo's pizza, which was mid-2010, 1 and a half years after it started.  Not to mention than Satoshi himself mined a good 1M BTC, and I don't expect those will ever move.

Just my best guess on it.  I'd be willing to bet that 10 years from now, there will be at least 2M coins that haven't moved between now and then.
I believe that bitcoin was actually trading on gox prior to Lazio's pizza purchase; this transaction was only the first known transaction that both involved bitcion and actual goods/services.

I do agree with that that in Bitcoin's early days, many people likely treated their private keys with little care. I would not however underestimate the potential for technology to be able to recover data once it has been seen by either the human eye and/or has previously been stored on a hard drive
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November 12, 2014, 10:32:03 PM
 #265

That 1% is a lot in my opinion, taking into consideration this is just a corner of the glacier, I guess there maybe in total 5% lost..
I wouldn't be surprised if it is more like 2M BTC lost.  In the first year+ of Bitcoin's existence (during which almost 2M coins were mined) it was nothing more than an interesting experiment.  The coins were worthless, and people treated them as such.  I mean heck, the first known monetary valuation wasn't until Lazlo's pizza, which was mid-2010, 1 and a half years after it started.  Not to mention than Satoshi himself mined a good 1M BTC, and I don't expect those will ever move.

Just my best guess on it.  I'd be willing to bet that 10 years from now, there will be at least 2M coins that haven't moved between now and then.
I believe that bitcoin was actually trading on gox prior to Lazio's pizza purchase; this transaction was only the first known transaction that both involved bitcion and actual goods/services.

I do agree with that that in Bitcoin's early days, many people likely treated their private keys with little care. I would not however underestimate the potential for technology to be able to recover data once it has been seen by either the human eye and/or has previously been stored on a hard drive
If you do a forum search for "mtgox" with a message age between 1640 days (how many days it has been since laszlo's first post) and 9999 days, only one post comes up, and that's only because it was edited a year later.  So no, I do not believe MtGox was trading before laszlo's post.  Surely there would be announcements and chat about it on the forum if it was.
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November 24, 2014, 11:15:05 PM
 #266

50.0 btc, just forgot my blockchain login   Roll Eyes


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November 28, 2014, 10:31:25 PM
 #267

50.0 btc, just forgot my blockchain login   Roll Eyes



 Cry Ouch! www.lastpass.com FTW, hope that your luck balances out in time.

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June 24, 2015, 01:07:39 AM
 #268

4.1...... lost private key

You're expected to update the total. That's how the thread works (AFAIK).

I'll do it for you: 134578.27864659 + 4.1 = 134582.37864659

50.0 btc, just forgot my blockchain login   Roll Eyes

134582.37864659 + 50 = 134632.37864659

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June 25, 2015, 09:23:56 PM
 #269

50.0 btc, just forgot my blockchain login   Roll Eyes



 Cry Ouch! www.lastpass.com FTW, hope that your luck balances out in time.
[/quote]

Ughhh, no thanks man. LastPass just got hacked. You should be going with Clef instead. Passwordless logins! www.GetClef.com

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June 28, 2015, 02:57:40 PM
 #270

50.0 btc, just forgot my blockchain login   Roll Eyes



 Cry Ouch! www.lastpass.com FTW, hope that your luck balances out in time.

Ughhh, no thanks man. LastPass just got hacked. You should be going with Clef instead. Passwordless logins! www.GetClef.com

It looks great, I signed up for it, hopefully Blockchain.info wallets will add it and also the main Exchanges, LastPass with a 2FA YubiKey is safe for now.

https://bitcointalk.org/index.php?topic=965220.0   <-- Clef thread

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StarenseN
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August 02, 2015, 01:05:23 PM
 #271

Following this thread.

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5dollarbill
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August 02, 2015, 01:45:48 PM
 #272

4.1...... lost private key

You're expected to update the total. That's how the thread works (AFAIK).

I'll do it for you: 134578.27864659 + 4.1 = 134582.37864659

50.0 btc, just forgot my blockchain login   Roll Eyes

134582.37864659 + 50 = 134632.37864659

134632.37864659 + 0.02 = 134632.39864659

my contribution, lol
Possum577
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August 02, 2015, 02:42:59 PM
 #273

God, a banking system would really have come in handy here...

Hahaha, this a really funny comment.

More funny today with the tally at BTC134632.37 or $37,697,063.60...It's amazing to know that this is the current value of all the bitcoin identified in this topic as lost.

It's also pointless to dwell on it...like thinking about how much gold has been thrown away, lost, or destroyed since the beginning of it's collection.

Knowing that a finite number of bitcoin will ever exist and understanding how much value people think bitcoin will be worth, do we all have a very serious duty to protect what we've mined, earned, or bought so as not to lose it? We're stewards of Satoshi's creation right? We shouldn't let it go to wast by forgetting wallets, losing keys, being careless - anyone else agree?

Great thread topic, I'm glad I don't have anything to contribute to the balance!

Sarthak
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August 02, 2015, 02:47:11 PM
 #274

134632.39864659 + 0.00000001 = 134632.3986466

1 satoshi to test how it works Cheesy

Nasakloto
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August 02, 2015, 02:53:10 PM
 #275

Wow
I didn't realise so many btc went lost.

01001001 01011000 01000011
mallard
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August 02, 2015, 02:58:57 PM
 #276

134632.39864659 + 2  = 134634.39864659

David19
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September 01, 2015, 01:00:22 AM
 #277

Lost Access to At Least 15,000 BTC

134634.39864659+15000=149634.39864659
S4VV4S
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September 01, 2015, 07:37:49 AM
 #278

Lost Access to At Least 15,000 BTC

134634.39864659+15000=149634.39864659

Right.....

In that case I lost 750000BTC
Add that to the total: 149634.39864659 + 750000 = 899634.39864659

Oh, call me Mark btw.
My old username was Magical Tux.
Now I usually go by the handle Magical Fux Shocked


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September 06, 2015, 10:41:00 PM
 #279

Whoops, playing with some cold wallet method and forgot to save the private key before I rebooted to offline modus.
Luckily I was just testing and this was precisely what I wanted to test.
0.0004 BTC lost forever.


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September 07, 2015, 11:09:49 AM
 #280

I never lost any Smiley  (just wanted to join the pointless post retards)
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