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Topic: Amount of BTC lost over time? - page 2. (Read 203 times)

legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
January 06, 2024, 06:07:25 AM
#3
I've never seen anyone put the average of lost BTC estimations over time on a chart. The closest we can get are the "supply last active N years ago" type of charts, but they lack context.

I would be highly interested on historical data of the aggregated amount of coins claimed to be lost over time. If you know a reliable source, please share!
If you see it, it will not be accurate and it would be full of misinformation. This is because you can not know the total amount of lost bitcoin. There are some coins that have not been moved since long time ago but which are not lost, but while some are lost. Know one can know the total amount of lost bitcoin because you can not know if the owner of inactive coins still has the private key or not.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
January 06, 2024, 05:56:26 AM
#2
That's also the amount that the articles that I've seen discussing about the entirety of lost Bitcoins forever. Like it's 4 million on 2022 and it had increased to 6 million on 2023.

And for this year, I guess that there will be more of it but I'm also interested to see actual data and charts about it. I've tried to searched but found none.
jr. member
Activity: 87
Merit: 3
January 06, 2024, 05:24:51 AM
#1
I have a theory that even though we talk about halving the issuance rate every 4 years, the BTC price is just as much influenced by the amount of coins lost day by day. I've read analysts estimating even around 6M bitcoins are likely to be lost forever. Those are horrendous numbers. But surprisingly in contrast, I've never seen anyone put the average of lost BTC estimations over time on a chart. The closest we can get are the "supply last active N years ago" type of charts, but they lack context.

I would be highly interested on historical data of the aggregated amount of coins claimed to be lost over time. If you know a reliable source, please share!
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