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Topic: HOW MANY BITCOIN LOST IN SPACE. - page 2. (Read 3518 times)

newbie
Activity: 56
Merit: 0
November 03, 2014, 10:21:20 AM
#24
I'd say a little over a million are currently lost and irrecoverable.

I wonder how can it be disappeared and how to count the lost coins?

Yeah, for it is unregulated and decentralized.
hero member
Activity: 518
Merit: 500
Hodl!
November 03, 2014, 09:51:16 AM
#23
Scammed or stolen coins are still in circulation, do not count as "lost" to the economy.
hero member
Activity: 686
Merit: 500
fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!
November 03, 2014, 09:48:57 AM
#22
I think 5% of all Bitcoins in existence are "lost" due to deleted wallets, lost passwords,etc.

Coins that haven't been touched in years doesn't necessarily mean that they are "lost" or forgotten.

Some guys keep their coins untouched for a reason  Wink

I guess 3% due to deleted or lost password Wink and 20% because scammer Cheesy
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
November 03, 2014, 09:40:39 AM
#21
I'd say a little over a million are currently lost and irrecoverable.

I wonder how can it be disappeared and how to count the lost coins?

Same here!

legendary
Activity: 2604
Merit: 3056
Welt Am Draht
November 03, 2014, 09:28:56 AM
#20
There is a thread on here which is adding up all the known losses but only known losses in reality there is much more that have been lost.
Is there a link to this thread. It would nice to see it. I haven't run into it so far.

https://bitcointalksearch.org/topic/lets-add-up-the-known-lost-bitcoins-7253
sr. member
Activity: 406
Merit: 250
November 03, 2014, 08:32:10 AM
#19
There is a thread on here which is adding up all the known losses but only known losses in reality there is much more that have been lost.
Is there a link to this thread. It would nice to see it. I haven't run into it so far.
legendary
Activity: 2170
Merit: 1427
November 03, 2014, 08:27:37 AM
#18
I think 5% of all Bitcoins in existence are "lost" due to deleted wallets, lost passwords,etc.

Coins that haven't been touched in years doesn't necessarily mean that they are "lost" or forgotten.

Some guys keep their coins untouched for a reason  Wink
Q7
sr. member
Activity: 448
Merit: 250
November 03, 2014, 07:15:10 AM
#17
Unfortunately there is no way to find out. A wallet that remains inactive is not an indication that it is no longer used
hero member
Activity: 1328
Merit: 563
MintDice.com | TG: t.me/MintDice
November 03, 2014, 12:38:25 AM
#16
1m+ seems like a good place to start. gives btc an artificially high looking market cap.
newbie
Activity: 28
Merit: 0
November 02, 2014, 09:31:21 PM
#15
I'd say a little over a million are currently lost and irrecoverable.

I wonder how can it be disappeared and how to count the lost coins?
hero member
Activity: 490
Merit: 500
November 02, 2014, 08:34:10 PM
#14
The number of bitcoins disappear forever is not much, relative to the total amount of speaking
newbie
Activity: 15
Merit: 0
November 02, 2014, 08:02:26 PM
#13
In addition to the anecdotal evidence of people losing their wallets, we know that about 2000 BTC were burned during the Counterparty proof of burn. It's possible that similar processes could increase the number of "lost" bitcoin.
sr. member
Activity: 420
Merit: 250
November 02, 2014, 07:12:57 PM
#12
There is no way to tell. Likely 10's of thousands, if not 100's of thousands.
This is the only correct answer. It is very difficult to prove that a private key was actually lost as you would need to take someone's word for this fact, which is generally not something that is acceptable to do in the bitcoin community
member
Activity: 111
Merit: 10
November 02, 2014, 03:45:42 PM
#11
I'd say a little over a million are currently lost and irrecoverable.
hero member
Activity: 616
Merit: 500
November 02, 2014, 02:49:18 PM
#10
https://blockchain.info/address/198aMn6ZYAczwrE5NvNTUMyJ5qkfy4g3Hi
8000 BTC
I think its not lost in space, if we can find the private key, we can access to the wallet.

Close to impossible of finding that key unless you live forever  Cheesy no way of cracking that.
full member
Activity: 126
Merit: 100
November 02, 2014, 02:47:02 PM
#9
https://blockchain.info/address/198aMn6ZYAczwrE5NvNTUMyJ5qkfy4g3Hi
8000 BTC
I think its not lost in space, if we can find the private key, we can access to the wallet.

 Cheesy Cheesy if is the case if we can find the private key nothing never will be lost lol
legendary
Activity: 1792
Merit: 1030
November 02, 2014, 02:43:31 PM
#8
https://blockchain.info/address/198aMn6ZYAczwrE5NvNTUMyJ5qkfy4g3Hi
8000 BTC
I think its not lost in space, if we can find the private key, we can access to the wallet.
full member
Activity: 126
Merit: 100
November 02, 2014, 02:37:40 PM
#7
I have seen people posting old satoshi wallets with 50+ coins in it for more than 3years untouched i believe the count is far more than we think.
hero member
Activity: 518
Merit: 500
Hodl!
November 02, 2014, 02:35:05 PM
#6
Last year, me and some buddies were doing a count up of pre-2013 "derp I lost my coins" stories and came to the conclusion that there's somewhere around a million known lost.

Also, it's still not entirely clear at present whether the bulk of the MtGox coins have actually been stolen, or whether their systems were so screwed up that they managed to transfer them to wallets they didn't permanently and safely record the keys for, so have been rendered inaccessible.

Add to that the sum of minor attritions and abandonment of small amounts, and we would have a guesstimate of somewhere around 2 million BTC that are unlikely to change hands again.

I say unlikely rather than, "never, no way, no how" because there might be some few cases where super spendy forensic recovery techniques become practicable, when aggregate coin value seems to make it worthwhile trying.
hero member
Activity: 616
Merit: 500
November 02, 2014, 02:33:03 PM
#5
There is a thread on here which is adding up all the known losses but only known losses in reality there is much more that have been lost.
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