How many Bitcoins are left? - page 4.

seoincorporation

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Quote from: aardvark15 on November 25, 2019, 10:49:23 AM

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18 million - lost coins = ?

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

Quote from: Lucius on November 25, 2019, 11:08:25 AM

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Here's a little task for you if you want to know how many Bitcoins are left - 21 000 000 - 18 067 062 =?
...

Op is talking about the lost coins, not about the total bitcoins less the mined bitcoins. So, your little task is wrong,

So, as OmegaStarScream say, around 4M bitcoins are lost, and one of those millions are satoshi coins. And satoshi gives us some words about the lost coins:

Quote

“Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.”

ReiMomo

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This is an interesting topic but no one really knows the accurate answer.
According to this analyst article about this year, there are 2,932,937.5 bitcoins left to be mined, and there are currently 18,067,062.5 bitcoins in existence. https://www.buybitcoinworldwide.com/how-many-bitcoins-are-there/. They are estimated that there are 3-4 million of Bitcoin has been lost forever. But this is still guessing and nobody knows what is the perfect answer.

aardvark15

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Quote from: OmegaStarScream on November 25, 2019, 11:00:40 AM

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.

If that estimate is close to accurate, then effectively there are only about 14 million Bitcoins in circulation or that can be put in circulation. This is beneficial to know because it supports the idea of Bitcoin scarcity.

mohamadreza bagheri

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18,067,075

POM

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That is an interesting question... and I happened to read an article about that last week.

According to Coinmetrics on their article (https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-d2e), by block 600,000 there were at least 1,500,000 coins lost... and that can happen for several reasons, in different magnitudes: you have the 50 genesis coins, stolen or zombie coins, duplicate transactions (yes, duplicate), unclaimed rewards and so on...

It is hard to say for sure, of course. We don't know if the zombie coins are just being strongly hodled or if they are in fact lost.

One way or another... interesting read. Highly recommend!

Lucius

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Almost is not an exact expression, at any given moment we know the exact number of mined Bitcoins, this is public data available on lots of websites, and it says that there is 18,067,062 BTC at the moment.

Here's a little task for you if you want to know how many Bitcoins are left - 21 000 000 - 18 067 062 =?

And as for the lost coins, we can only guess at that, but the higher the number, the better it is for all of us. Satoshi says about lost Bitcoins that they “make everyone else’s coins worth slightly more”, one should not look at it from the negative side (except those who lost coins/private keys).

OmegaStarScream

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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.

aardvark15

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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?

Topic: How many Bitcoins are left? - page 4. (Read 582 times)