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Author Topic: HOW MANY BITCOIN LOST IN SPACE.  (Read 3459 times)
aricleather
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November 12, 2014, 07:29:03 AM
 #41

If there is always a private key for every address, how can they ever be lost? Just launch a bruteforcer and wait a couple thousand years.

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November 12, 2014, 07:30:29 AM
 #42

If there is always a private key for every address, how can they ever be lost? Just launch a bruteforcer and wait a couple thousand years.

haha a few thousand years! Might be worth it if BTC goes to the moon

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November 12, 2014, 08:23:28 AM
 #43

We know roughly how many btc have been mined,but anyone any rough idea or guess how many have been lost in cyber space or old wallets with a tiny amount in them abandoned never to see the light of day again.

If you include Satoshis coins a fair bit
But if you include actual coins lost there are the dumping addresses and then a few coins are destroyed now and then but I would say less than 1% of all coins mined at this stage in time
The mtgox coins are more less around but they could be considered lost as well.

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RobertDJ
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November 12, 2014, 11:28:05 PM
 #44

We know roughly how many btc have been mined,but anyone any rough idea or guess how many have been lost in cyber space or old wallets with a tiny amount in them abandoned never to see the light of day again.

If you include Satoshis coins a fair bit
But if you include actual coins lost there are the dumping addresses and then a few coins are destroyed now and then but I would say less than 1% of all coins mined at this stage in time
The mtgox coins are more less around but they could be considered lost as well.
I would not consider satoshi's coins to be lost as if he planned on never using them then he would probably have destroyed them a long time ago.

The gox coins were never "lost" they were instead given away to people that should not have received them
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