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Topic: Dead Bitcoins - page 2. (Read 1944 times)

legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
August 19, 2014, 12:05:30 PM
#7
A more accurate question would be how many bitcoins are in circulation. Because that is what really affects the price, isn't it?
That's a good point. Coins that are horded are like lost coins, in that they are unavailable for trade.
sr. member
Activity: 994
Merit: 441
August 19, 2014, 12:03:55 PM
#6
if block chain can provide an active graph and tell us how many bitcoins are being ciruculated and what has been dead for over a year might be cool to see.  Though Im sure it wont be an actual analysis but could help markets improve also with that kind of data.
hero member
Activity: 592
Merit: 500
August 19, 2014, 12:03:10 PM
#5
I think there's a thread around here somewhere that should give you a close enough answer to your question.
hero member
Activity: 686
Merit: 500
August 19, 2014, 12:00:42 PM
#4
A more accurate question would be how many bitcoins are in circulation. Because that is what really affects the price, isn't it?
newbie
Activity: 56
Merit: 0
August 19, 2014, 10:23:56 AM
#3
I'm curious about how many Bitcoins are effectively dead (i.e., lost private keys, owner dies, etc.).  I imagine it is more than 10% of all coins.  It will happen less and less, but with so many people who mined when they were worth next to nothing, I would think most of the early Bitcoins died.  What do you think?

3-8% i think is lost, 10% so much. Most lost was on mtgox, by freezing accounts. Look on the fiats, people always lost that, more than btc. So you can to mind about that.
member
Activity: 83
Merit: 10
August 19, 2014, 09:42:52 AM
#2
10% is too high, but if you consider Satoshi's btc dead coins I agree with you.
newbie
Activity: 44
Merit: 0
August 19, 2014, 09:40:26 AM
#1
I'm curious about how many Bitcoins are effectively dead (i.e., lost private keys, owner dies, etc.).  I imagine it is more than 10% of all coins.  It will happen less and less, but with so many people who mined when they were worth next to nothing, I would think most of the early Bitcoins died.  What do you think?
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