SgtSpike (OP)
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Activity: 1400
Merit: 1005
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September 02, 2014, 10:41:15 PM |
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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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Fabrizio89
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November 12, 2014, 06:29:15 AM |
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I lost 0.8 btc at the beginning of my journey that was a couple years ago, and recently 0.05 play money. + 0.85
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ScreamnShout
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November 12, 2014, 07:14:31 AM |
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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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SgtSpike (OP)
Legendary
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Activity: 1400
Merit: 1005
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November 12, 2014, 10:32:03 PM |
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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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leen93
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November 24, 2014, 11:15:05 PM |
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50.0 btc, just forgot my blockchain login
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Otoh
Donator
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Activity: 3080
Merit: 1165
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November 28, 2014, 10:31:25 PM |
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50.0 btc, just forgot my blockchain login Ouch! www.lastpass.com FTW, hope that your luck balances out in time.
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JWU42
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Activity: 1666
Merit: 1000
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June 24, 2015, 01:07:39 AM |
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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 134582.37864659 + 50 = 134632.37864659
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Acidyo
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June 25, 2015, 09:23:56 PM |
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50.0 btc, just forgot my blockchain login 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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Otoh
Donator
Legendary
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Activity: 3080
Merit: 1165
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June 28, 2015, 02:57:40 PM |
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50.0 btc, just forgot my blockchain login 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.comIt 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
Legendary
Online
Activity: 2478
Merit: 1362
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August 02, 2015, 01:05:23 PM |
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Following this thread.
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5dollarbill
Member
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Activity: 71
Merit: 10
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August 02, 2015, 01:45:48 PM |
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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 134582.37864659 + 50 = 134632.37864659 134632.37864659 + 0.02 = 134632.39864659 my contribution, lol
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Possum577
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August 02, 2015, 02:42:59 PM |
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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, d o 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!
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Sarthak
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August 02, 2015, 02:47:11 PM |
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134632.39864659 + 0.00000001 = 134632.3986466 1 satoshi to test how it works
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Nasakloto
Newbie
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Activity: 24
Merit: 0
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August 02, 2015, 02:53:10 PM |
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Wow I didn't realise so many btc went lost.
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mallard
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August 02, 2015, 02:58:57 PM |
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134632.39864659 + 2 = 134634.39864659
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David19
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September 01, 2015, 01:00:22 AM |
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Lost Access to At Least 15,000 BTC
134634.39864659+15000=149634.39864659
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S4VV4S
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September 01, 2015, 07:37:49 AM |
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Lost Access to At Least 15,000 BTC
134634.39864659+15000=149634.39864659
Right..... In that case I lost 750000 BTCAdd 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
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findftp
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Activity: 1022
Merit: 1008
Delusional crypto obsessionist
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September 06, 2015, 10:41:00 PM |
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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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thedok
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September 07, 2015, 11:09:49 AM |
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I never lost any (just wanted to join the pointless post retards)
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Herbert2020
Legendary
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Activity: 1946
Merit: 1137
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September 07, 2015, 11:27:05 AM |
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Lost Access to At Least 15,000 BTC
134634.39864659+15000=149634.39864659
how can anybody lose 15,000 BTC? i am sorry but i can not believe that anybody exists in the world that "loses access to" 15K BTC * 200 $ = ~3 mil USD i personally would keep 1000 satoshi in a couple of different wallets that i store their private keys in different places.... but 3 million ....
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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