many but it will make BTC expensive , because total investment / (total supply - total lost forever) is more than total investment/ total supply
this is correct. bitcoin's totally circulation amount is reducing day by day. specially after those so many altcoin projects and their ICO... thousands of BTC still frozen in ICO escrow addresses. thats also a reason of bitcoin price increase.
Topic: How many Bitcoins are lost forever? - page 10. (Read 43090 times)
This is a great article about that: https://www.cryptocoinsnews.com/thousands-bitcoins-lost-time/ . It only says nuber of PROBABLY lost coins not the exact number of course . If there is article saying the exact numbers then it is definitely fake or untrustable data cause there is literally no way to determine it .
Some may see it as a problem when bitcoin has fully adopted and were running out of supplies . May be in the future 1 satoshi can be also divided into portions if a really huge number of bitcoins are lost .
Looking at the bright side, If the supply gets lower and the demand continuosly increasing then the price will be also .
Some may see it as a problem when bitcoin has fully adopted and were running out of supplies . May be in the future 1 satoshi can be also divided into portions if a really huge number of bitcoins are lost .
Looking at the bright side, If the supply gets lower and the demand continuosly increasing then the price will be also .
many but it will make BTC expensive , because total investment / (total supply - total lost forever) is more than total investment/ total supply
this is correct. bitcoin's totally circulation amount is reducing day by day. specially after those so many altcoin projects and their ICO... thousands of BTC still frozen in ICO escrow addresses. thats also a reason of bitcoin price increase.
Try to read about bitcoin burn addresses that include to lost forever
The total number of unspendable bitcoins is 2,771.4086. This does not include situations like lost hardware and private keys.
http://bitcoinwhoswho.com/blog/2016/12/21/btc-burn-addresses/
That's what based on data but we know more than those amount had been lost, just consider it's good for us due to the rest of coins worth slightly more and more for every bitcoin that lost.
The total number of unspendable bitcoins is 2,771.4086. This does not include situations like lost hardware and private keys.
http://bitcoinwhoswho.com/blog/2016/12/21/btc-burn-addresses/
That's what based on data but we know more than those amount had been lost, just consider it's good for us due to the rest of coins worth slightly more and more for every bitcoin that lost.
I've read these stories of those who lost 10,000 BTC or more. Unknown how many of them are true, but have to believe at least some are. People who lost a wallet on an old PC's HDD that died, without a backup, stuff like that. Crypto people are much more careful about these things today, but the general public is not so cautious. I can only imagine that as adoption increases, so will the total number of BTC lost forever increase. A lot.
The bad thing about crypto-currency is that you cannot find it on the street or in the pocket of your old jeans like you can do with a physical coin.
If it's lost, it's forever. And I know that it could be re-discovered with brute compute force again, but to be honest, what are real chances?
You have a higher chance to find a briefcase with a million dollar on the street, than to find a private key of a lost bitcoin.
If it's lost, it's forever. And I know that it could be re-discovered with brute compute force again, but to be honest, what are real chances?
You have a higher chance to find a briefcase with a million dollar on the street, than to find a private key of a lost bitcoin.
There's no way to calculate lost Bitcoins. But we do know that once they are lost, it is virtually impossible to get them back because you would need to get lucky with guessing the private key. There are probably Bitcoins lost every day, so this could help increase the value of the remaining Bitcoin.
i am not a programmer specialist but anytime in the future , someone might find possibility to return them back (lost bitcoin) , or even bitcoin foundation . ??
The number of blocks, multiplied by the number of coins in the block equal to the sum of existing coins. The number of coins in the 50 well block BTC 210 000 for the first block 25 for the next BTC units 210,000, then 12.5 BTC and so on. Thus it will be possible to calculate what losses there are today. Or maybe after bitcoin mining all become clear.
Well i think we can still count it even right now.. it is impossible to know those lose bitoin.. because many users of bitcoin and there is no sign that bitcoin is lost.. if there is every transaction sign that this bitcoin wallet address is lose. or any notice that you can know it is lose. . 
The number of blocks, multiplied by the number of coins in the block equal to the sum of existing coins. The number of coins in the 50 well block BTC 210 000 for the first block 25 for the next BTC units 210,000, then 12.5 BTC and so on. Thus it will be possible to calculate what losses there are today. Or maybe after bitcoin mining all become clear.
I have read those sad cases of people losing great amounts of bitcoins, and this is undoubtedly a great disadvantage of the bitcoin. When you send an erroneous transaction through banks, your money is stolen or you lose your PIN or account number, there are options to recover your lost money. But in the bitcoin ecosystem this is almost impossible today.
Well bitcoin has no reverse payment so they have no ways to recover it.. unlike in paypal that you can charge back or reverse payment.. Bitcoin is trending for some other country and i think many people are already lose their bitcoin like forgot password or send bitcoin to the wrong address.
If its happen dont expect that you can get recover your bitcoin.. this is disadvantage but for me it is advantage because it can push bitcoin more if many people are losing their bitcoin.. they can deposit again to get a new bitcoin in their real wallet address. .
many but it will make BTC expensive , because total investment / (total supply - total lost forever) is more than total investment/ total supply
I have read those sad cases of people losing great amounts of bitcoins, and this is undoubtedly a great disadvantage of the bitcoin. When you send an erroneous transaction through banks, your money is stolen or you lose your PIN or account number, there are options to recover your lost money. But in the bitcoin ecosystem this is almost impossible today.
There's no way to calculate lost Bitcoins. But we do know that once they are lost, it is virtually impossible to get them back because you would need to get lucky with guessing the private key. There are probably Bitcoins lost every day, so this could help increase the value of the remaining Bitcoin.
i am not a programmer specialist but anytime in the future , someone might find possibility to return them back (lost bitcoin) , or even bitcoin foundation . ??
There's no way to calculate lost Bitcoins. But we do know that once they are lost, it is virtually impossible to get them back because you would need to get lucky with guessing the private key. There are probably Bitcoins lost every day, so this could help increase the value of the remaining Bitcoin.
I also think it's very empty talk about bitcoin wallets loss that threw people. It is generally impossible to do. There's no way to calculate lost Bitcoins. But we do know that once they are lost, it is virtually impossible to get them back because you would need to get lucky with guessing the private key. There are probably Bitcoins lost every day, so this could help increase the value of the remaining Bitcoin.
i am not a programmer specialist but anytime in the future , someone might find possibility to return them back (lost bitcoin) , or even bitcoin foundation . ?? 
There's no way to calculate lost Bitcoins. But we do know that once they are lost, it is virtually impossible to get them back because you would need to get lucky with guessing the private key. There are probably Bitcoins lost every day, so this could help increase the value of the remaining Bitcoin.
Well, for the businessman, so many bitcoin is lost every day, but do not worry, because every bitcoin is missing, it will definitely get a locker with a better one. but, maybe this time I have lost approximately 1 BTC, but I've never regretted it, because it is part of the journey towards success. 
The question to be really difficult to give a specific answer, I think about it, no one will ever know.
Finding it difficult to give a specific number but one thing am sure of its over a million plus worth of bitcoins are lost forever
There's no way to calculate lost Bitcoins. But we do know that once they are lost, it is virtually impossible to get them back because you would need to get lucky with guessing the private key. There are probably Bitcoins lost every day, so this could help increase the value of the remaining Bitcoin.
I know there are a large number of them. I am one of the sad souls who did not take it seriously and lost my whole wallet after I invested $1,800 into 100 of them a long time a go. It happens and good luck to whom ever finds them.
Bad luck for you, same happens with many users losing their bitcoin wallets. I don't think someone other than the original authority could get the wallet for his goodness. Because every address is unique. Also I believe the lost coins won't affect the bitcoin economy, as they're already calculated on mining.
Its not a bad luck its a disaster. 100 BTC is around 80 000 euros, that is a fortune, and its now bitcoin can cost more and this bitcoins will worth more then now. I dont understand all this with lost coins, how can someone calculate them, after which time coins are lost, and where are people who save coins. This is difficult for me to understand.
After reading this thread, I see there is a lot of people who lost their bitcoins. Probably we will never know exact number of lost coins, one thing bothers me, can someone take advantage of this lost coins and in which way if its possible.
It will surprise you even more as there are people that lost so many coins, that by now they would be multi millionaire. It's reckless behaviour that they will regret and their entire life will not forget. Imagine, you are working for $1500-$2000 per month knowing that you could have been a multi millionaire if you took care of your coin backups. They flushed their one and only ever chance to get millionaire down the drain.
Ya it is true and even now a days also their are so many users who have lost their wallet due to accident delete of wallet or some problem with hardware and never took backup of their wallet , so this is not before but this is happening now also, so as per my view i think from the actual bitcoin calculation till now mined nearly 20% of them are in death wallet address as they are lost or long before users have thrown due to frustration of price crash. so as per it only 80% of it is roaming in the market.
I know there are a large number of them. I am one of the sad souls who did not take it seriously and lost my whole wallet after I invested $1,800 into 100 of them a long time a go. It happens and good luck to whom ever finds them.
Bad luck for you, same happens with many users losing their bitcoin wallets. I don't think someone other than the original authority could get the wallet for his goodness. Because every address is unique. Also I believe the lost coins won't affect the bitcoin economy, as they're already calculated on mining.
Its not a bad luck its a disaster. 100 BTC is around 80 000 euros, that is a fortune, and its now bitcoin can cost more and this bitcoins will worth more then now. I dont understand all this with lost coins, how can someone calculate them, after which time coins are lost, and where are people who save coins. This is difficult for me to understand.
After reading this thread, I see there is a lot of people who lost their bitcoins. Probably we will never know exact number of lost coins, one thing bothers me, can someone take advantage of this lost coins and in which way if its possible.
It will surprise you even more as there are people that lost so many coins, that by now they would be multi millionaire. It's reckless behaviour that they will regret and their entire life will not forget. Imagine, you are working for $1500-$2000 per month knowing that you could have been a multi millionaire if you took care of your coin backups. They flushed their one and only ever chance to get millionaire down the drain.
Ya it is true and even now a days also their are so many users who have lost their wallet due to accident delete of wallet or some problem with hardware and never took backup of their wallet , so this is not before but this is happening now also, so as per my view i think from the actual bitcoin calculation till now mined nearly 20% of them are in death wallet address as they are lost or long before users have thrown due to frustration of price crash. so as per it only 80% of it is roaming in the market.
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