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Author Topic: Let's add up the KNOWN lost bitcoins  (Read 65664 times)
JWU42
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September 07, 2015, 11:32:34 AM
 #281

i personally would keep 1000 satoshi in a couple of different wallets

Just FYI...

Quote
A Satoshi is the smallest fraction of a Bitcoin that can currently be sent: 0.00000001 BTC, that is, a hundredth of a millionth BTC. In the future, however, the protocol may be updated to allow further subdivisions, should they be needed.

Herbert2020
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September 07, 2015, 12:46:49 PM
 #282

i personally would keep 1000 satoshi in a couple of different wallets

Just FYI...

Quote
A Satoshi is the smallest fraction of a Bitcoin that can currently be sent: 0.00000001 BTC, that is, a hundredth of a millionth BTC. In the future, however, the protocol may be updated to allow further subdivisions, should they be needed.

yeah, thanks. i know that very well. Cool
i was being (trying to be) sarcastic, it turns out that it is hard to be sarcastic in text form Cheesy

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.
AbbeyYoshi02
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September 07, 2015, 12:50:05 PM
 #283

Claiming to have lost 15,000? Bitcoin? or do you mean USD. Losing USD isnt much of a big deal but losing 15k of bitcoin that would be incredible for everyone else invested in bitcoin except you of course that could possibly triple everyones money
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September 07, 2015, 12:50:34 PM
 #284

FYI, I have 5 bitcoins which I lost the pasword for the private keys for, Im no whale, even though its allmost a year ago, it still hurts Sad

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September 07, 2015, 06:25:25 PM
 #285

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.

Yes, all bunch of coins and the majority of them was lost in the beginning, when Bitcoin was still worthless. I agree on this with you. On the other side, 2 million lost coins is a quite high number in my honest opinion.

I don't really know what to think about Satoshi coins. I like to think that he will wait until Bitcoin really makes it big and get mass adopted, and then he will donate 95% of his coins to the hungry people of the world. This would make him pretty much a biggest man on the planet that has ever lived. Smiley
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September 07, 2015, 07:21:54 PM
 #286

phi bitcoins were burned in this transaction recently

Hugroll
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September 07, 2015, 09:42:10 PM
 #287

I've only lost like 0.02 when i was trying to send money to my friend. no clue what address i sent it to.  Sad
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September 09, 2015, 03:07:31 PM
 #288

Somebody has just lost 40 BTC by sending them to the practically unspendable address 1111111111111111111114oLvT2:

https://tradeblock.com/bitcoin/tx/5f00b8e609821edd6f3369ee4ee86e03ea34b890e242236cdb66ef6c9c6a1b28

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hoian0809
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September 09, 2015, 03:13:06 PM
 #289

Somebody has just lost 40 BTC by sending them to the practically unspendable address 1111111111111111111114oLvT2:

https://tradeblock.com/bitcoin/tx/5f00b8e609821edd6f3369ee4ee86e03ea34b890e242236cdb66ef6c9c6a1b28

How can they receive the lost coin again?

I see: "Unable to decode output address ".
bri912678
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September 09, 2015, 05:13:49 PM
 #290

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.

Yes, all bunch of coins and the majority of them was lost in the beginning, when Bitcoin was still worthless. I agree on this with you. On the other side, 2 million lost coins is a quite high number in my honest opinion.

I don't really know what to think about Satoshi coins. I like to think that he will wait until Bitcoin really makes it big and get mass adopted, and then he will donate 95% of his coins to the hungry people of the world. This would make him pretty much a biggest man on the planet that has ever lived. Smiley

It would be good to have the mystery behind those Satoshi coins resolved to help adoption. If he ever moves them the price will crash, and most bitcoiners know it. However, afterwards the fear of him dumping would be gone, which could reassure new people enough to adopt Bitcoin. If Satoshi did something good with his coins it could bring good publicity to Bitcoin to counter bad publicity like the Silk Road.
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December 06, 2015, 06:37:37 AM
 #291

FYI, I have 5 bitcoins which I lost the pasword for the private keys for, Im no whale, even though its allmost a year ago, it still hurts Sad
I have never been in this situation, but I would write a program that tests various passwords 24/7.
(I think any closed-source tool you download from the internet will just send the key to whoever write the tool when found :-)
Breaking the wallet private key is impossible, but a not too long password may be possible if you remember some parts of it, or at least how/if capitals and numbers where used.
The Sceptical Chymist
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December 06, 2015, 06:42:22 AM
 #292

May have lost 0.05 BTC sent by the faucet...
OMG, this is such an awesome thread for this post alone.  Can you imagine getting a payout like that from a faucet these days?  How much could you claim a day back in 2011 or whenever it was that faucets started?  I was not into btc yet back then.

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dothebeats
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December 06, 2015, 08:51:32 AM
 #293

May have lost 0.05 BTC sent by the faucet...
OMG, this is such an awesome thread for this post alone.  Can you imagine getting a payout like that from a faucet these days?  How much could you claim a day back in 2011 or whenever it was that faucets started?  I was not into btc yet back then.

I was into bitcoins already back then but didn't dug deeper. 2012, there were faucets who were giving up 1-10 btc per claim. Lowest I think is 0.001 per person (?) I'm not so sure anymore. It was fun, yes, but my mistake is that I didn't take notes of my previous wallet credentials and details (which I lost a total of 0.5 btc as far as my memory can remember.)

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killerjoegreece
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March 13, 2016, 12:59:46 PM
 #294

https://blockchain.info/address/1KdDvp1DJ4EYUZc8savutRN4vv1ZwvGfQf  Undecided lost em
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March 13, 2016, 05:36:00 PM
 #295


Do you mean you lost the 40 BTC to 1111111111111111111114oLvT2? Why did you do that?

Are you still holding the key to 1KdDvp1DJ4EYUZc8savutRN4vv1ZwvGfQf?
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March 13, 2016, 07:27:06 PM
 #296

if you can you should update the amount at the top of the thread

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March 14, 2016, 06:25:04 PM
 #297

+0.015 BTC , I sent that account to an address that is no longer active a month or so before by mistake, write that down  Grin
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March 15, 2016, 03:44:40 PM
 #298

+0.008
I installed block chain in my phone, and sent that much to my phone, and I lost my phone.
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March 16, 2016, 09:49:54 AM
 #299

+0.01 BTC, Sent the money to an unactive address that had it's private address lost previously.
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March 16, 2016, 09:58:24 PM
 #300

+0.008
I installed block chain in my phone, and sent that much to my phone, and I lost my phone.

this one may not count, technically. i mean, its a safe bet that it's gone, but in the most precise sense, the phone is not with you, but the phone, with the private key, is with someone. thus, not lost.

i don't post much, but this space for rent.
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