How many Bitcoins are lost forever? - page 21.

tyz

legendary

Activity: 3360

Merit: 1533

Right, I see that this is not predictable but we could collect all losses in order to get a better view of how many Bitcoins are / or could be lost.

Your record is a really little amount compared to other losses.

Quote from: coinyoo on November 14, 2015, 11:12:37 AM

Another record of someone who lost some of its Bitcoins. But overall, the answer is really hard to answer. We can only collect the records of losses.
https://bitcointalksearch.org/topic/lost-btc-1249342

coinyoo

full member

Activity: 210

Merit: 100

★YoBit.Net★ 350+ Coins Exchange & Dice

Another record of someone who lost some of its Bitcoins. But overall, the answer is really hard to answer. We can only collect the records of losses.
https://bitcointalksearch.org/topic/lost-btc-1249342

NewLiberty

legendary

Activity: 1204

Merit: 1002

Gresham's Lawyer

add about a bitcoin for someone that asked me to send it to their torwallet.
They lost the key unrecoverably before transferring it out. There it sits forever.

Rude Boy

hero member

Activity: 770

Merit: 500

Quote from: safari88 on September 23, 2015, 03:25:16 AM

I probably lost about 0.2 - 0.3 in a Ponzi game and gambling Sad

Don't bother the gambling looses. Because, its gain for someone else and its still under circulation

Quote from: tyz on June 23, 2015, 01:59:30 PM

I know it is a tricky question. What do you think, how many Bitcoins are lost forever and are 'out of the network' by lost private keys?

OP consider the bitcoins which cannot be recovered.

safari88

legendary

Activity: 1960

Merit: 1026

I probably lost about 0.2 - 0.3 in a Ponzi game and gambling Sad

MasterYii

full member

Activity: 210

Merit: 100

Quote from: tyz on June 23, 2015, 01:59:30 PM

I know it is a tricky question. What do you think, how many Bitcoins are lost forever and are 'out of the network' by lost private keys?

I'm not really sure but I think many coin owners have lost some of their biticoins and to sum all of there lost coins there are a lot of lost coins now, I don't really know where it go maybe got internet theft or maybe it is impossible if I say misplace anyway gone just gone.

coinzat

sr. member

Activity: 434

Merit: 250

Young but I'm not that bold

fortunately I did not lose any bit coin until now Grin

I think most of lost bitcoins would be for people who mined in the first days and then they lost their privkey so those would be a huge amounts of btc

Miss Fortune

full member

Activity: 224

Merit: 100

Quote from: tyz on June 23, 2015, 01:59:30 PM

I know it is a tricky question. What do you think, how many Bitcoins are lost forever and are 'out of the network' by lost private keys?

Probably a lot, surely there are a lot of unreported lost about it new coin owners have lost coins due to they are new to this and doesn't have an idea on how this works.

elite3000

legendary

Activity: 1073

Merit: 1000

Beginners still lose large amounts of Bitcoins through silly mistakes and security blunders it's tragic to see.

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: kvlolo on September 22, 2015, 09:11:36 AM

Quote from: tyz on June 23, 2015, 04:03:18 PM

Someone summed up the lost BTC only from the thread. In total BTC 134578.27864659
And this is likely just a particle of all lost coins.

https://bitcointalksearch.org/topic/m.8601641

Oh my god, any idea why there are so much?

Plenty of reasons I guess. Broken data storage and no other back ups had been made. Early mined and forgot about it over the years. Many people have lost their private keys.

kvlolo

full member

Activity: 134

Merit: 100

Quote from: tyz on June 23, 2015, 04:03:18 PM

Someone summed up the lost BTC only from the thread. In total BTC 134578.27864659
And this is likely just a particle of all lost coins.

https://bitcointalksearch.org/topic/m.8601641

Oh my god, any idea why there are so much?

gentlemand

legendary

Activity: 2590

Merit: 3014

Welt Am Draht

Quote from: momore on September 21, 2015, 09:07:04 PM

Will the forever lost bitcoins reactive or re-mined?

If they're 'remined' then Bitcoin will probably collapse as people realise that their coins can simply be taken from them.

There are lots of coins that haven't moved for a long time. That doesn't mean they're lost. I don't think their owners would be too pleased if they suddenly disappeared just because they hadn't moved them for a while.

momore

member

Activity: 112

Merit: 10

Quote from: tyz on June 23, 2015, 01:59:30 PM

I know it is a tricky question. What do you think, how many Bitcoins are lost forever and are 'out of the network' by lost private keys?

Will the forever lost bitcoins reactive or re-mined?

Rude Boy

hero member

Activity: 770

Merit: 500

Lost about 0.0061 from my side by this address ► 17qfUN315w6DVyzQbbveSBw3hMWvYVMXAQ Because, i lost the wallet (its a multibit wallet) by my dead HDD, i didn't backup that wallet Shocked

and can't even recover from that HDD. Undecided

bitgolden

legendary

Activity: 2926

Merit: 1130

Leading Crypto Sports Betting & Casino Platform

The real number of forever lost bitcoins must be a greater number, unfortunately there is no method currently available to us to measure this interesting segment bitcoins. But roughly we can assume some percentage of bitcoin as burned for particular period based on same period's minded coin. This may be applied to market cap calculations to get real worth of bitcoins.

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: MisterMoney on September 21, 2015, 09:59:20 AM

Quote from: tyz on June 23, 2015, 04:03:18 PM

Someone summed up the lost BTC only from the thread. In total BTC 134578.27864659
And this is likely just a particle of all lost coins.

https://bitcointalksearch.org/topic/m.8601641

That is really really much. I don't understand why it will lost FORever.

Keep in mind these are just the coins some members claimed here to be lost. The real number might be way higher. If Satoshi should never move his coins we are talking about an amount of more than 1 million coins.

DarkHyudrA

legendary

Activity: 1386

Merit: 1000

English <-> Portuguese translations

Quote from: MisterMoney on September 21, 2015, 09:59:20 AM

Quote from: tyz on June 23, 2015, 04:03:18 PM

Someone summed up the lost BTC only from the thread. In total BTC 134578.27864659
And this is likely just a particle of all lost coins.

https://bitcointalksearch.org/topic/m.8601641

That is really really much. I don't understand why it will lost FORever.

It's lost forever because you can't get back the private key of the public key that have any sum of BTC.
It's the same reason you can't get stealed by simply sharing your public key.

MisterMoney

member

Activity: 65

Merit: 10

Quote from: tyz on June 23, 2015, 04:03:18 PM

Someone summed up the lost BTC only from the thread. In total BTC 134578.27864659
And this is likely just a particle of all lost coins.

https://bitcointalksearch.org/topic/m.8601641

That is really really much. I don't understand why it will lost FORever.

JeWay

hero member

Activity: 952

Merit: 503

It depends on how people use it, if they just make a wallet and after a couple months they abandon it. Well, we all will lost that Bitcoin. Unless, if someone can be able to crack the private key.

Blawpaw

legendary

Activity: 1596

Merit: 1027

Quote from: tyz on June 23, 2015, 01:59:30 PM

I know it is a tricky question. What do you think, how many Bitcoins are lost forever and are 'out of the network' by lost private keys?

That's a good question! I guess that is very difficult to know at this point. I think that we will only be able to find how many BTC are lost after they are all mined. Or we can probably research the blockchain and find a pattern that could lead us to see how many BTC could be outside of the network.

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