How many Bitcoins are left? | Bitcointalksearch.org

Wintersoldier

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Quote from: danherbias07 on November 27, 2019, 11:17:47 AM

Difficult to answer how many are lost.
Before all this price pumping happened like $360 per bitcoin there are already lost coins and it keeps on adding up whenever a user is creating a wallet then joining faucet websites.
I am one of that examples.
I have some wallets that are forgotten and I know there are satoshis left there.
I also knew that there were a lot of us doing the same faucet work since the deposit amount is being consumed everyday.
Imagine how many satoshis are out there in different wallets which was not withdrawn.
That could be a lot also when summed up.

And in some cases, if people create an account to an exchange, what they are doing is to withdraw their funds if it becomes high enough for them to consider profit. But the reality is that, not all exact amount of bitcoin could be withdrawn meaning to say that if a sure will change his platform or choose better exchanges, there will still be a portion of bitcoin left to his account and if we sum up all of the bitcoins from all kinds of users like this, then a huge portion of missing bitcoin could come up.

metenjean

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Quote from: aardvark15 on November 25, 2019, 11:49:23 AM

There have been almost 18 million Bitcoins created. We know that some have been lost over the years and can’t ever be recovered except potentially with quantum computers.

18 million - lost coins = ?

My question is how many Bitcoins are left, which is really a question of how many have been lost?

Many of them have left bitcoin because lost much when buy bitcoin with higher price, now bitcoin have down with lower price, many people not trust again with bitcoin maybe frustrated when bitcoin down, they not brave again for investing with bitcoin after lost chance get much profit whit bitcoin when price up.

ilovealtcoins

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Quote from: cotton ball on November 27, 2019, 11:53:20 PM

Quote from: ilovealtcoins on November 27, 2019, 08:48:07 PM

Quote from: Getmon on November 27, 2019, 05:41:53 AM

Quote from: ilovealtcoins on November 27, 2019, 05:27:04 AM

Quote from: OmegaStarScream on November 25, 2019, 12:00:40 PM

According to Chainalysis (A blockchain analysis company), it's 4 Million coins (2017). This is clearly an estimation though. There is no way to know the accurate number.

in just 2 years 1 million Bitcoin was mined. the rest will certainly be mined before 2100. Although Bitcoin is limited, we can divide Bitcoin into 10,000,000 Satoshi units, so rest assured that we still have plenty of Bitcoin to use.

It is not before the year 2100. The last drop of Satoshi to be mined will be in the year 2140. That is 40 long years after 2100. That is going to be more than a couple lifetimes combined from now. There will be no problem about the value division of Bitcoin. There are several decimal points in there by design, one satoshi will take a very long time to grow into a huge amount.

Mining all of Bitcoin in 2140 is theoretical. Bitcoin is mined based on the power of the computer, Blockchain will pay for each block created based on the computing speed of the computer, also known as Genesis minning. If there are many computers working together to solve the Bitcoin problem, it means that the mining speed will be faster. So the time to create a block is relative.

Bitcoin mining good way for increase your earning every day with less risk when bitcoin price down like you invest or buy bitcoin on higher price, maybe mining need time and money before you starting earn bitcoin by mining, you have ready for buying mining tool with higher price depend with how much do you want earn every day, look your place have good connection with internet access or not.

Mining will cost a lot of money to buy equipment and set up electric networks. Not to mention the cost to pay for electricity each month. If you have a small amount of money to buy equipment, abandon the idea of mining Bitcoin because mining requires more diggers connected to create a larger network. You will have to make a loss as some single machines will not work. I have several friends who have liquidated their entire system because there is not enough profit to pay their electricity costs.

Lucius

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Quote from: lionheart78 on November 27, 2019, 07:25:25 AM

Or probably much greater. At this point, this bad method you said is pretty much an assumption and simply a guess. I am quite sure that there are also lots of people who are still losing their private key as of this moment.

Well if the basis is the assumption that something is lost the time period in which the BTC has not been moved from the address, then it can actually be just less, no more than 4 million lost coins. They say that 4 million coins are not moved in x years, this is how we get that number. You should also consider that before BTC was cheaper (more accessible to small people), and mining was possible with PC, so most of the possibly lost coins date back to probably the first 5 years of existence.

Today, very few people can afford to buy 1 BTC, and mining is almost fully reserved for big players+people are fully aware of the importance which BTC have+we also have hardware wallets which all together results in a very small amount of loss.

Tcode53

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According to my research there are only 21 million bitcoins that can be mined in total. 18million has been mined and 3million BTC left unmined. After this there will be Bitcoin scarcity.

cotton ball

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Quote from: ilovealtcoins on November 27, 2019, 08:48:07 PM

Quote from: Getmon on November 27, 2019, 05:41:53 AM

Quote from: ilovealtcoins on November 27, 2019, 05:27:04 AM

Quote from: OmegaStarScream on November 25, 2019, 12:00:40 PM

According to Chainalysis (A blockchain analysis company), it's 4 Million coins (2017). This is clearly an estimation though. There is no way to know the accurate number.

in just 2 years 1 million Bitcoin was mined. the rest will certainly be mined before 2100. Although Bitcoin is limited, we can divide Bitcoin into 10,000,000 Satoshi units, so rest assured that we still have plenty of Bitcoin to use.

It is not before the year 2100. The last drop of Satoshi to be mined will be in the year 2140. That is 40 long years after 2100. That is going to be more than a couple lifetimes combined from now. There will be no problem about the value division of Bitcoin. There are several decimal points in there by design, one satoshi will take a very long time to grow into a huge amount.

Mining all of Bitcoin in 2140 is theoretical. Bitcoin is mined based on the power of the computer, Blockchain will pay for each block created based on the computing speed of the computer, also known as Genesis minning. If there are many computers working together to solve the Bitcoin problem, it means that the mining speed will be faster. So the time to create a block is relative.

Bitcoin mining good way for increase your earning every day with less risk when bitcoin price down like you invest or buy bitcoin on higher price, maybe mining need time and money before you starting earn bitcoin by mining, you have ready for buying mining tool with higher price depend with how much do you want earn every day, look your place have good connection with internet access or not.

ilovealtcoins

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Activity: 1246

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SmartFi - EARN, LEND & TRADE

Quote from: Getmon on November 27, 2019, 05:41:53 AM

Quote from: ilovealtcoins on November 27, 2019, 05:27:04 AM

Quote from: OmegaStarScream on November 25, 2019, 12:00:40 PM

According to Chainalysis (A blockchain analysis company), it's 4 Million coins (2017). This is clearly an estimation though. There is no way to know the accurate number.

in just 2 years 1 million Bitcoin was mined. the rest will certainly be mined before 2100. Although Bitcoin is limited, we can divide Bitcoin into 10,000,000 Satoshi units, so rest assured that we still have plenty of Bitcoin to use.

It is not before the year 2100. The last drop of Satoshi to be mined will be in the year 2140. That is 40 long years after 2100. That is going to be more than a couple lifetimes combined from now. There will be no problem about the value division of Bitcoin. There are several decimal points in there by design, one satoshi will take a very long time to grow into a huge amount.

Mining all of Bitcoin in 2140 is theoretical. Bitcoin is mined based on the power of the computer, Blockchain will pay for each block created based on the computing speed of the computer, also known as Genesis minning. If there are many computers working together to solve the Bitcoin problem, it means that the mining speed will be faster. So the time to create a block is relative.

sana54210

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Quote from: aardvark15 on November 25, 2019, 11:49:23 AM

There have been almost 18 million Bitcoins created. We know that some have been lost over the years and can’t ever be recovered except potentially with quantum computers.

18 million - lost coins = ?

My question is how many Bitcoins are left, which is really a question of how many have been lost?

I see some people mentioning that about 4 million Bitcoins are lost, how sure are they about this number they are calling?
I don't think anyone can really tell how many Bitcoins are lost, there are no ways to tell if coins are lost or not.

We don't know how many are they, but one thing I do know for sure is that if many coins continue to lost, the few coins that are remaining will continue to increase in value and that means a time will come when the price of one Bitcoin will be worth a very high price.. When there are less coins and the demand is higher than the number of coins available to be sold, the rate will increase. Let's wait for those golden periods.

danherbias07

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Difficult to answer how many are lost.
Before all this price pumping happened like $360 per bitcoin there are already lost coins and it keeps on adding up whenever a user is creating a wallet then joining faucet websites.
I am one of that examples.
I have some wallets that are forgotten and I know there are satoshis left there.
I also knew that there were a lot of us doing the same faucet work since the deposit amount is being consumed everyday.
Imagine how many satoshis are out there in different wallets which was not withdrawn.
That could be a lot also when summed up.

Aikidoka

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Activity: 1078

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Sinbad Mixer: Mix Your BTC Quickly

Quote from: akirasendo17 on November 27, 2019, 11:08:27 AM

its more or less 3-4 million bitcoin is lost forever, there are 2.9 million btc still to be mine

Is that can effect the bitcoin price in the future? I meant when those 2.9 millions bitcoin will be mined, what's going to happen later? I hope even if bitcoin will die after many years, then it should come a good alternative for this crypto.

akirasendo17

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its more or less 3-4 million bitcoin is lost forever, there are 2.9 million btc still to be mine

k@suy

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Quote from: ragavancoin on November 27, 2019, 07:57:46 AM

2,930,137.5 Bitcoins are left to be mined

86.047% of Bitcoins have been issued

18,069,862.5 Total bitcoin in existence

1,800 New bitcoin mined per day.

For more information click here source link https://www.buybitcoinworldwide.com/how-many-bitcoins-are-there/

Woah! Great number! There is still a lot of bitcoin that has not been mined. Wish i could have some mining rid ,anyway it is good to know that there is still a lot of bitcoin that has not been mined yet because we know that a number lf coins that has been circulated in the market really affects the market value, so if it will be all put in circulation I think bitcoin price will drop.

nancy

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There are almost 1/4 of 18 millions of lost coins. incredible amount

ragavancoin

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2,930,137.5 Bitcoins are left to be mined

86.047% of Bitcoins have been issued

18,069,862.5 Total bitcoin in existence

1,800 New bitcoin mined per day.

For more information click here source link https://www.buybitcoinworldwide.com/how-many-bitcoins-are-there/

lionheart78

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Quote from: Lucius on November 26, 2019, 06:28:44 AM

All the analyzes that give some answers are based on someone saying that something was lost because it was not moved for x years, which is a very stupid method. Some of my coins are not moved 4 years, is that mean they are lost? 4 millions of losted coins is just an assumption based on a bad methodology, the actual figure is probably much smaller.

Or probably much greater. At this point, this bad method you said is pretty much an assumption and simply a guess. I am quite sure that there are also lots of people who are still losing their private key as of this moment. So whether it is greater or smaller is still a guess. And I think there is no accurate way to found out how many Bitcoins are actually lost and will be lost in the future.

Lucius

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Quote from: aardvark15 on November 26, 2019, 10:50:29 AM

I realize that we don’t know how many coins are lost but my point was to get people’s opinions about how many they think may have been lost so far. Obviously there is no way to know, but it’s fun to speculate.

Of course, it's interesting, but it's really just pure speculation because there is currently no reliable method to determine how much BTC has actually been lost forever. For all of us who own some of BTC, this is just something that will eventually increase the price - 21 million is total supply, and 99% of that amount will be mined by 2032. If the price continues to increase as has been the case so far, I bet we will see a lot of so-called lost coins moving to exchanges. I doubt that many will be able to resist the price of $100k or even $50k per 1 BTC.

Getmon

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Quote from: ilovealtcoins on November 27, 2019, 05:27:04 AM

Quote from: OmegaStarScream on November 25, 2019, 12:00:40 PM

According to Chainalysis (A blockchain analysis company), it's 4 Million coins (2017). This is clearly an estimation though. There is no way to know the accurate number.

in just 2 years 1 million Bitcoin was mined. the rest will certainly be mined before 2100. Although Bitcoin is limited, we can divide Bitcoin into 10,000,000 Satoshi units, so rest assured that we still have plenty of Bitcoin to use.

It is not before the year 2100. The last drop of Satoshi to be mined will be in the year 2140. That is 40 long years after 2100. That is going to be more than a couple lifetimes combined from now. There will be no problem about the value division of Bitcoin. There are several decimal points in there by design, one satoshi will take a very long time to grow into a huge amount.

ilovealtcoins

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Activity: 1246

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SmartFi - EARN, LEND & TRADE

Quote from: OmegaStarScream on November 25, 2019, 12:00:40 PM

According to Chainalysis (A blockchain analysis company), it's 4 Million coins (2017). This is clearly an estimation though. There is no way to know the accurate number.

in just 2 years 1 million Bitcoin was mined. the rest will certainly be mined before 2100. Although Bitcoin is limited, we can divide Bitcoin into 10,000,000 Satoshi units, so rest assured that we still have plenty of Bitcoin to use.

Eugenar

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Quote from: karanggatak on November 26, 2019, 09:35:32 PM

I'm sure no one will know for sure how much bitcoin has been lost. because there is no way that can be done to restore the lost bitcoin.
the bitcoin that is lost mostly belongs to people who forget their e-mail and password so they can't access their bitcoin. and we don't know how many people have experienced this. so there is no way to count lost bitcoin. for now the bitcoin that has been circulating is 18 million BTC remaining that have not been mined means only 3 million BTC.

Meaning to say that lost bitcoins are being stored at exchanges, wherein, the main access of the users is through their email and passwords and not from their public and private key. In this case, the bitcoins aren't lost at all, but there's a probability that if the exchange is faulty and some sort of fraud, then it will be added again to the liquidity pool of that particular exchange.

karanggatak

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I'm sure no one will know for sure how much bitcoin has been lost. because there is no way that can be done to restore the lost bitcoin.
the bitcoin that is lost mostly belongs to people who forget their e-mail and password so they can't access their bitcoin. and we don't know how many people have experienced this. so there is no way to count lost bitcoin. for now the bitcoin that has been circulating is 18 million BTC remaining that have not been mined means only 3 million BTC.

Topic: How many Bitcoins are left? (Read 516 times)