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Topic: Approximately, how many bitcoin are lost FOREVER!!! - page 2. (Read 1352 times)

newbie
Activity: 28
Merit: 0
Prices are going to go up for every bitcoin lost.
member
Activity: 84
Merit: 10
http://stablecoin.net
i believe that something must be done immediately to deny addresses that havent been seen on the network payments over a very small amount. i think some groups are probably buying bitcoin and sending them to nonexistant addresses to devalue and kill the coin.
Divisible down to 8 decimal places. They can destroy all they want, it won't accomplish anything.
hero member
Activity: 686
Merit: 504
always the student, never the master.
i believe that something must be done immediately to deny addresses that havent been seen on the network payments over a very small amount. i think some groups are probably buying bitcoin and sending them to nonexistant addresses to devalue and kill the coin.
newbie
Activity: 28
Merit: 0
Id say a good million are lost forever.
member
Activity: 67
Merit: 10
Once I read that due to the fact that some bitcoins are lost they will gain more value, as less coins are available. I don't see how if it's not possible to know how many are lost...
edd
donator
Activity: 1414
Merit: 1002
Unless a Jedi can brute-force or guess the keys Grin.

There are other options.

Deleted wallets on old computers might one day be salvaged by "bitcoin treasure hunters." Heirs might eventually have the tools to extrapolate enough information from an old hard drive to recover a deleted wallet.dat.

Bitcoins sent to black hole addresses are probably gone for good, however.
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
Why do you ask?
hero member
Activity: 756
Merit: 500
For me alone I guess 10 - 20 BTC, in the early days when Bitcoin wasn't worth much.  Too troublesome to backup when changing computers, just delete Sad
newbie
Activity: 25
Merit: 0
What would be the best place to determine where the dormant coins are lying about?
member
Activity: 114
Merit: 10
My guess: I assume most users dont have backups so probably at least 1% already lost or 100.000 BTC
full member
Activity: 182
Merit: 100
Unless a Jedi can brute-force or guess the keys Grin.

When bitcoin first started I had quite a few and felt they were going nowhere so I deleted the wallet and everything along with it.  Cry

How many BTC in that wallet?  Smiley
newbie
Activity: 42
Merit: 0
Unless a Jedi can brute-force or guess the keys Grin.

When bitcoin first started I had quite a few and felt they were going nowhere so I deleted the wallet and everything along with it.  Cry
sr. member
Activity: 252
Merit: 250
no one knows. You can figure out how many BTC are lying dormant, but you have no idea if their owners still control their keys or not!
newbie
Activity: 16
Merit: 0
Unless a Jedi can brute-force or guess the keys Grin.
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