I think I read somewhere an estimation of up to 2 million being irreversibly lost. This means max 19 million in total should be available to investors/holders/miners.
Had someome be able to confirm id the coins of Nakamoto has been lost forever, because those coins havent changed adress since the begining, and looksa bit insane, soo the total ammount of lost coin can be bigger, but its already a huge ammount, and all days someone is loosing bitcoin. 
Topic: How many Bitcoins are lost forever? - page 17. (Read 43070 times)
By the time we reach 21 million coins in year 2140, I think about 50% of the coins will have been lost forever, if not more. Coins get lost constantly, people forget passes, people lose shit on exchanges, people die and no one can recover coins...
I think I read somewhere an estimation of up to 2 million being irreversibly lost. This means max 19 million in total should be available to investors/holders/miners.
This is a good estimate. It's hard to tell the amount of kiddos running Bitcoin client on their laptops generating 1000s of coins then losing them.
may around 0.4 BTC for the moment, and I do not want to add more. Well, I did not miss it because gambling BTC or things like that, but the BTC was stolen directly from my wallet. Well, there are some missing because bitcoin minning sites and HYIP. Well, because I so rarely to join sites like it
I think I read somewhere an estimation of up to 2 million being irreversibly lost. This means max 19 million in total should be available to investors/holders/miners.
Two millions of bitcoins are lost forever that is a huge amount. The same thing happen in the real world, when someone died or forget about an old bank account.
The money stays there without no one to claim it.
There's a lot of situations with fiat money that was lost, like a lot of coins, paper... Look at Pablo Escobar example, how much money was lost because this guy burried the money and some animal/other thing 'eat' all lol and none know the value of this. The diference here is just one, government can print more
I think I read somewhere an estimation of up to 2 million being irreversibly lost. This means max 19 million in total should be available to investors/holders/miners.
Two millions of bitcoins are lost forever that is a huge amount. The same thing happen in the real world, when someone died or forget about an old bank account.
The money stays there without no one to claim it.
Satoshi alone owns probably a million coins. I'm not sure if these coins are included.
But a few known people of the crypto space say the number of lost coins will be something around 2-3 million.
So yes we will mostly have to deal with a number less than 21 million.
This will make it a bit easier for a few of us to reach the 1 of a million club, when theoretically only 1 million people could have had 21 coins each.
Most of the coins got lost in the very early days. People didn't realized the potential of Bitcoin, therefore forgot about it and their wallets with several thousands of coins for instance.
I think I read somewhere an estimation of up to 2 million being irreversibly lost. This means max 19 million in total should be available to investors/holders/miners.
Two millions of bitcoins are lost forever that is a huge amount. The same thing happen in the real world, when someone died or forget about an old bank account.
The money stays there without no one to claim it.
It's very smart reply !
there is always "lose things"
but fiat is issuing and issuing.. and it cause inflation..!
"lost things are not bad things. it keeps the value!"
I think I read somewhere an estimation of up to 2 million being irreversibly lost. This means max 19 million in total should be available to investors/holders/miners.
Two millions of bitcoins are lost forever that is a huge amount. The same thing happen in the real world, when someone died or forget about an old bank account.
The money stays there without no one to claim it.
I think I read somewhere an estimation of up to 2 million being irreversibly lost. This means max 19 million in total should be available to investors/holders/miners.
Is there any method or mechanism that could calculate the exact value or number of lost Bitcoins? I mean every one of us could calculate how much he or she has lost but it would be interesting to see how is average portio between loss and profit among Bitcoin users.
And how many coins are lost somwhere in the system because they don't belong to no one. If they can be lost at all.
I think this question would not be answered accurately because as you said no one could able to calculate and no method or mechanism would do such thing. No. of bitcoins are lost are actually there because we cannot avoid on some bad circumstances that might happen to our bitcoins. Which causes that it would be lost forever. And how many coins are lost somwhere in the system because they don't belong to no one. If they can be lost at all.
How many bitcoins will lost forever? All of them, as soon as the Internet and the power grid go down.
I have a lot to lose bitcoin. mainly from investment trading. maybe if the calculated can be up to 1.5 BTC. Have I always try to invest bitcoin I have.
yup.
we won't know how many addresses were dead, there a lot of stories about how some have had a huge amount of BTC in a hard drive they just threw out.
we won't know how many addresses were dead, there a lot of stories about how some have had a huge amount of BTC in a hard drive they just threw out.
Is there any method or mechanism that could calculate the exact value or number of lost Bitcoins? I mean every one of us could calculate how much he or she has lost but it would be interesting to see how is average portio between loss and profit among Bitcoin users.
And how many coins are lost somwhere in the system because they don't belong to no one. If they can be lost at all.
And how many coins are lost somwhere in the system because they don't belong to no one. If they can be lost at all.
There is none, this issue is very popular and hard to know on how much bitcoin are totally lost forever. Because we can just create as many bitcoin wallets as we can, some people manage to put their bitcoins from different addresses and when they will forget their private key or passwords then the balance on that wallet address will lost forever.
I think more than half million bitcoin is lost forever because there are many user who had lost private key or could have got bitcoin wallet account blocked due to any reason and also there are many user who had thrown away hard disk and dine had either corrupted their hard disk
I think lot of bitcoin had been lost till date because I had read article that stated that a person loosed 7000 bitcoin while his hard drive was thrown into garbage and later he realized that bitcoin had got such a high market value. and likewise there might be lot of bitcoin kissed till date and many might have loosed private key our wallet password.
Probably a lot were lost at the very beginning, when they had almost no value. Today many satoshis are lost because people lose interest and all. At the beginning it was full btcs instead of satoshi probably.
Is there any method or mechanism that could calculate the exact value or number of lost Bitcoins? I mean every one of us could calculate how much he or she has lost but it would be interesting to see how is average portio between loss and profit among Bitcoin users.
And how many coins are lost somwhere in the system because they don't belong to no one. If they can be lost at all.
And how many coins are lost somwhere in the system because they don't belong to no one. If they can be lost at all.
I have just stumbled upon an article where someone has lost 150 Bitcoins by upgrading his machine. This is after all an amount of rewards for 12 newly generated Bitcoin blocks.
https://news.bitcoin.com/guy-lost-bitcoin-computer-upgrade/
https://news.bitcoin.com/guy-lost-bitcoin-computer-upgrade/
Nothing has lost till now, I am collecting bitcoins by earning it on different ways including faucets, signature campaigns and trading and the bitcoin price is now increasing and will increase more and I am earning more and more each day with the rise in price.
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