How many Bitcoins are lost for good?

cryptoalfs76

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Quote from: MPulse on October 29, 2017, 12:22:08 PM

As we all know there will only be 21M bitcoins in circulation. I'm curious how many Bitcoins are lost for good? Either people have lost their coins or forgotten their private keys, or simply coins have been lost because various exchanges have shut down.

I wonder if there is a way to know how many coins are lost forever?

We cannot find exactly the accurate loss of bitcoin for good,because its happen everyday.we have million bitcoiner all over the world and mostly have diffrent experience of lossing.all we can do have forget those risk,and continue our journney in bitcoin.

LoyceV

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How many Bitcoins are lost forever?

Kaller

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The number of Bitcoins permanently lost literally increases every single day, so there is no way to give you a concrete answer.

Lucius

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Quote from: MPulse on October 29, 2017, 12:22:08 PM

As we all know there will only be 21M bitcoins in circulation. I'm curious how many Bitcoins are lost for good? Either people have lost their coins or forgotten their private keys, or simply coins have been lost because various exchanges have shut down.

I wonder if there is a way to know how many coins are lost forever?

We can only speculate how much is the exact amount because people lost BTC every day,and at the beginning when BTC is almost worthless people are not really paying attention to keep coins safe and made backup.Certainly it is a large number of BTC,I suppose that is probably about a few million BTC is lost.I remember there is a topic about this and there is a specualtion that 3-4 million coins is lost,but this was is 2015 and it is based on how many BTC is not moved over a period of one and a half years.I think it is impossible to determine the exact amount.Many say it is good thing because there will be less coins and this is also affect on price in future.

Iranus

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Quote from: maarx on October 29, 2017, 12:47:42 PM

Almost 50-70 percent of lost coins, were lost via hacking.

Those are not lost coins. Hackers can still spend the coins. We're talking about coins for which we know the keys have been lost, and therefore no one will be able to spend them unless someone can ever crack 256-bit security.

Quote from: MPulse on October 29, 2017, 12:22:08 PM

I'm curious how many Bitcoins are lost for good?

There's no way to know for sure, but this thread tried to add up all the coins that they knew were lost (such as from news articles with people that lost their hard drives and any other information that they could pick up).

The most recent count I found was on page 16, and it was at BTC134,679.00144159.

Quote from: MPulse on October 29, 2017, 12:22:08 PM

or simply coins have been lost because various exchanges have shut down.

I wouldn't consider those coins lost forever. If we count getting hacked or scammed then the same coins could be lost loads of times, and they're not actually lost forever. I would count services closing down as part of this.

maarx

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Almost 50-70 percent of lost coins, were lost via hacking. Hackers are so keen on watching everyone. I lost very little last year. It was hacked from mobile phone. It was so pathetic. Then set a new wallet secured from then on.

kissme09

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may be after hard fork will lose some coin this also has to say in the bitcoin route i think you can find this information easily and there are many sudden deaths and not leaving any one What is the security of bitcoin so the holder of the private key will have the number of bits in the wallet if you do not share for anyone or lose the bitcoin number in your wallet.

Godrothv20

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It would be nice to be able to get those lost coins somehow haha

MPulse

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As we all know there will only be 21M bitcoins in circulation. I'm curious how many Bitcoins are lost for good? Either people have lost their coins or forgotten their private keys, or simply coins have been lost because various exchanges have shut down.

I wonder if there is a way to know how many coins are lost forever?

Topic: How many Bitcoins are lost for good? (Read 493 times)