How many Bitcoins are lost forever? - page 24.

Yerm

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Quote from: ifightformerkel on June 23, 2015, 02:43:42 PM

I read a few month ago a article, that NVIDIA engineer John Ratcliff calculated that the total amount of coins that lay over 1.5 years is around 4.200.000 Bitcoins (30% of all bitcoins today).

I think that of this 4.2 million bitcoins, 3.5 million are lost.

And i bet when the price will go around 250 dollar for a while, a lot of more people will lost their private keys.
But i think its good for bitcoin, the value will be higher with so a big amount of lost bitcoins.

i can only hope that the percentage is that high. more bitcoins lost=more money for me Cool

eternalgloom

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Quote from: fryarminer on August 25, 2015, 01:28:19 AM

I just accidentally sent 2.4BTC to a wallet that I have forgotten the password for. Not calling them lost yet, but I'm racking my brain for hours and no luck.

Yeah I've also lost a couple of BTC due to mistakes like that.
Now I'm using a password manager (on a usb stick)

gentlemand

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Quote from: teemus on August 27, 2015, 08:06:11 PM

i just hope the percentage of bitcoin lost is high. Makes mine worth way more.

It would be a factor if every single available coin was constantly trading but huge amounts are sitting still doing nothing. There's no way of telling whether they're waiting for the right moment or lost forever.

shane

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Quote from: teemus on August 27, 2015, 08:06:11 PM

i just hope the percentage of bitcoin lost is high. Makes mine worth way more.

hemmmm
i think no more than 20% of total bitcoin suply lose in the world Roll Eyes

some people lose because he forget password of his account, or may be his dead and his family can't acces bitcoin

teemus

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i just hope the percentage of bitcoin lost is high. Makes mine worth way more.

Winalunt

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Tell Me What A Man Is Without Pride .

I dont think there is some absolute number but there is an estimation that about 20-30% of coins are lost already ...
some guy also lost 7.5 million $ coins (7500 BTC) @ 1000$ rate

aakashsangwan

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Quote from: CarlesPuyol on August 25, 2015, 09:20:43 AM

Quote from: fryarminer on August 25, 2015, 01:28:19 AM

I just accidentally sent 2.4BTC to a wallet that I have forgotten the password for. Not calling them lost yet, but I'm racking my brain for hours and no luck.

Wow those are bad news, 2.4 btc is a real deal to lose.
Try to use all your passwords you have ever used, try all the combinations

i think maybe there is a password recovery software called Cian and Abel, so I think that it can be able to help you out and can recover your password for you.
If successful, tips are always welcomed.

Mickeyb

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Quote from: fryarminer on August 25, 2015, 01:28:19 AM

I just accidentally sent 2.4BTC to a wallet that I have forgotten the password for. Not calling them lost yet, but I'm racking my brain for hours and no luck.

Damn man, that hurts. I hope you will remember the password eventually. I never did something like this, but one time I have sent 4.2 BTCs instead of 2.4 when doing a trade with this unknown person online. I was tyred and it was late night. Luckily, this person was straight honest and returned the excess amount. Since then, I always triple, not double check. And if I am tired or nervous, I will check even 4-5 times. I guess this is the only way to be safe.

CarlesPuyol

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Quote from: fryarminer on August 25, 2015, 01:28:19 AM

I just accidentally sent 2.4BTC to a wallet that I have forgotten the password for. Not calling them lost yet, but I'm racking my brain for hours and no luck.

Wow those are bad news, 2.4 btc is a real deal to lose.
Try to use all your passwords you have ever used, try all the combinations

fryarminer

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I just accidentally sent 2.4BTC to a wallet that I have forgotten the password for. Not calling them lost yet, but I'm racking my brain for hours and no luck.

Nybbas01

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That's almost 10,000 BTC known to be lost. Probably it's much, much more. Would be interesting to have some website dedicated to those cases.

aakashsangwan

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Quote from: lahm-44 on August 24, 2015, 07:52:08 AM

I think there are 1000+bitcoins are being lost till now..that's for sure that every body wil not say that I lost money(bitcoin) for simple stupidy or any type of carelessness or it can also happen accidently but its always a mystry

your speculation is very low.
At least 7600bitcoins of a person who I saw in news are lost and that are lying somewhere in the dump, because he threw his hard drive in trash and never took a backup of wallet.

lahm-44

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I think there are 1000+bitcoins are being lost till now..that's for sure that every body wil not say that I lost money(bitcoin) for simple stupidy or any type of carelessness or it can also happen accidently but its always a mystry

Hopalong

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Quote from: Betwrong on August 24, 2015, 03:27:46 AM

I've heard that around 30% of all Bitcoins are lost forever, but i'm not sure uf ut's accurate

It is not accurate but a qualified guess. Another qualified guess is that another 30% is out of circulation because people are holding for long term. Out of circulation means it has not moved for more than two years.

Leaving around a third of all bitcoin in circulation...

Cryptology

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Quote from: cakir on June 23, 2015, 02:55:47 PM

"None of them".

In theorically even lost private keys can be cracked (yes I know it takes millions of years with current technology, but it's not impossible).

Could be crackable faster sooner rather than later...
https://www.schneier.com/blog/archives/2015/08/nsa_plans_for_a.html

Betwrong

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I've heard that around 30% of all Bitcoins are lost forever, but i'm not sure uf ut's accurate

MoorChael

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This question is better to ask the statisticians.

Hazir

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Quote from: mattiadeabtc on August 21, 2015, 05:52:16 AM

Quote from: Laila10 on August 21, 2015, 05:43:53 AM

Impossible to know, but I know of how feel loosing something Grin

yeah, agree, times ago i lost few bitcoins....stupid me

That is the correct answer, we only can know for sure number of bitcoin mined, lost coins will be always an unknown number and you can't estimate number of bitcoin lost, even remotely.
What is good in this whole situation it fact that lost coins are actually beneficial for bitcoin economy and because of that everyone's else coins are worth slightly more. Be happy.

gentlemand

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Quote from: onurakkas on August 21, 2015, 05:55:36 AM

i thought losted appx. 1 btc that gambling investment etc. i upset when remember it.

It sounds like someone else now has it. We're talking about coins that are gone forever.

onurakkas

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i thought losted appx. 1 btc that gambling investment etc. i upset when remember it.

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