MPOE-PR
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January 19, 2013, 12:20:07 AM |
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Of course, but most likely lost bitcoins are lost so without movement since let's say <2 years is a good estimation no?
Sounds like a very poor estimation, because by that count all money spent on 30 year Ts is "lost" 15 times over.
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StarenseN
Legendary
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Activity: 2478
Merit: 1362
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January 19, 2013, 01:16:49 AM |
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Of course, but most likely lost bitcoins are lost so without movement since let's say <2 years is a good estimation no?
Sounds like a very poor estimation, because by that count all money spent on 30 year Ts is "lost" 15 times over. by <2 years I meant not used since 01/2011 so next year it will be 3 years and so on...
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gweedo
Legendary
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Activity: 1498
Merit: 1000
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January 19, 2013, 01:29:40 AM |
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Of course, but most likely lost bitcoins are lost so without movement since let's say <2 years is a good estimation no?
Sounds like a very poor estimation, because by that count all money spent on 30 year Ts is "lost" 15 times over. by <2 years I meant not used since 01/2011 so next year it will be 3 years and so on... But so many people just leave bitcoins sitting in there addresses for awhile, so this stupid, it is like buying a stock and just holding, if you hold for 40yrs then sell, it is the same thing doesn't mean you lost it.
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StarenseN
Legendary
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Activity: 2478
Merit: 1362
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January 19, 2013, 01:37:10 AM |
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Of course, but most likely lost bitcoins are lost so without movement since let's say <2 years is a good estimation no?
Sounds like a very poor estimation, because by that count all money spent on 30 year Ts is "lost" 15 times over. by <2 years I meant not used since 01/2011 so next year it will be 3 years and so on... But so many people just leave bitcoins sitting in there addresses for awhile, so this stupid, it is like buying a stock and just holding, if you hold for 40yrs then sell, it is the same thing doesn't mean you lost it. Please; we know that ! It's all about odd estimation.
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gweedo
Legendary
Offline
Activity: 1498
Merit: 1000
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January 19, 2013, 01:50:13 AM |
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Of course, but most likely lost bitcoins are lost so without movement since let's say <2 years is a good estimation no?
Sounds like a very poor estimation, because by that count all money spent on 30 year Ts is "lost" 15 times over. by <2 years I meant not used since 01/2011 so next year it will be 3 years and so on... But so many people just leave bitcoins sitting in there addresses for awhile, so this stupid, it is like buying a stock and just holding, if you hold for 40yrs then sell, it is the same thing doesn't mean you lost it. Please; we know that ! It's all about odd estimation. But you can't estimation at all... that is like saying let me estimate all the cars that are drivable, and if they are parked in the same place for more than year they are not drivable. It doesn't make sense.
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Gladamas
Sr. Member
Offline
Activity: 294
Merit: 250
Bitcoin today is what the internet was in 1998.
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January 19, 2013, 10:20:40 AM |
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Well, instead of trolling, can anyone come up with a better estimation method than what StarenseN proposed?
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StarenseN
Legendary
Offline
Activity: 2478
Merit: 1362
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January 19, 2013, 10:26:26 AM |
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Of course, but most likely lost bitcoins are lost so without movement since let's say <2 years is a good estimation no?
Sounds like a very poor estimation, because by that count all money spent on 30 year Ts is "lost" 15 times over. by <2 years I meant not used since 01/2011 so next year it will be 3 years and so on... But so many people just leave bitcoins sitting in there addresses for awhile, so this stupid, it is like buying a stock and just holding, if you hold for 40yrs then sell, it is the same thing doesn't mean you lost it. Please; we know that ! It's all about odd estimation. But you can't estimation at all... that is like saying let me estimate all the cars that are drivable, and if they are parked in the same place for more than year they are not drivable. It doesn't make sense. First of all, I never said that ALL cars parked <1y are not drivable Secondly, not drivable car are not on the road, for sure, they are parked somewhere. It's all about estimation and odds/probability.
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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January 19, 2013, 11:28:49 AM |
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It's all about estimation and odds/probability.
Estimations and statistics are useless if your underlying model is flawed... Truth is you can't tell which coins are lost or used as savings account, you can't even estimate it correctly.
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SouthernComfort
Newbie
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Activity: 28
Merit: 0
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January 19, 2013, 04:07:21 PM |
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Wow the first address all ones, very strange.
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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January 19, 2013, 04:16:19 PM |
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Wow the first address all ones, very strange.
The guy is showing off, knowing people will look at it, wouldn't be surprised if he had more in other addresses. Can't blame him
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siesatsu
Newbie
Offline
Activity: 28
Merit: 0
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January 19, 2013, 06:13:44 PM |
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If only if only..
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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January 20, 2013, 01:19:11 AM |
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If only if only..
.... I had 100k coins too?
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gweedo
Legendary
Offline
Activity: 1498
Merit: 1000
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January 20, 2013, 01:52:56 AM |
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Well, instead of trolling, can anyone come up with a better estimation method than what StarenseN proposed?
It is impossible so it isn't trolling when your proving that something is impossible.
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Raoul Duke
aka psy
Legendary
Offline
Activity: 1358
Merit: 1002
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January 24, 2013, 05:50:50 PM |
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Scammers interested on the richest addresses... Color me shocked...
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constitution
Newbie
Offline
Activity: 28
Merit: 0
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January 25, 2013, 03:52:55 AM |
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If only if only..
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Loaded
Full Member
Offline
Activity: 135
Merit: 113
whale eater
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January 27, 2013, 08:26:18 PM |
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I see 6.
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Bitcoin multimillionaire, broker, and asset manager. bitcoind signmessage 1BqcwhKevdBKeos72b8E32Swjrp4iDVnjP "I am 'Loaded' of bitcointalk.org." Hw6QbEy+Z5BNwiv0kPTyizzgU5T1H88RnPRvk7730VoGTReJndKzZ4Jnn1JjIkNiVwBIXsx19RwXQWVfWrZjW+M=
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Fuzzy
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February 01, 2013, 08:34:18 PM |
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It's interesting to see all the exact X00.00 addresses that haven't moved since 2010. Round numbers like that suggest they've been put there for storage.
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cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
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February 06, 2013, 04:05:15 PM |
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Why stop at 410? Wouldn't the highest 420 be more interesting?
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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Rassah
Legendary
Offline
Activity: 1680
Merit: 1035
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February 06, 2013, 04:47:59 PM |
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I might have missed the answer to this, but what's the point of this? It's highly inacurate and doesn't actually tell us anything other than that some people have a few pennies associated with the only address they decided to use to ask for donations.
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Fuzzy
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February 06, 2013, 06:24:58 PM |
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I would say that most of the lost coins are the ones that were mined when Bitcoins were still seen as funny money, before they were $1 each. Using this data that was at the beginning of 2011. So see what total you get if you only count addresses that have had no incoming/outgoing transactions since 2010. Now that I think about it, anyone can deposit lint into an account to make it look active, but only the owner with full access could make a withdraw. So I'd personally consider any address without any withdraws since before 2011 as being lost. Once Bitcoins hit dollar parity, I'd think anyone looking to store them would move them into a new and more secure wallet. And yes, this is all hearsay/speculation/estimation/not 101% accurate
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