How many Bitcoins are lost forever? - page 36.

bri912678

sr. member

Activity: 348

Merit: 250

Some have estimated it's 30 per cent of all Bitcoins. It coins haven't moved for years it's unlikely anyone still controls them, except for Satoshi's coins. The figure keeps increasing because of things like burned coins, such as the 2130 Bitcoins burned during the Counterparty distribution.

http://www.telegraph.co.uk/technology/news/11362827/The-625m-lost-forever-the-phenomenon-of-disappearing-Bitcoins.html

Quote

NVIDIA engineer John Ratcliff calculated in June that “zombie coins”, defined as those which have lay dormant for at least a year and a half, accounted for 30 per cent of all Bitcoins.

BitAddict

legendary

Activity: 1190

Merit: 1001

Impossible to know... but when they were nearly worth nothing in the start, lot of them were lost for sure.

PenguinFire

full member

Activity: 154

Merit: 100

That Darn Cat

That is an interesting question but unfortunately there is no way to ever know. I am sure a lot of people got in at the beginning and became bored of it and just left or forgot about their wallets. If only they could be recovered and distrubted to all! Grin

That would be sweet!

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: gentlemand on June 23, 2015, 01:52:37 PM

It will be forever an eternal mystery. My only guess is that it's a lot, lot more than many think.

this is a good thing afterall, the more they are the better for the price if everything else remain the same

anyway it was estimated that they were around 3M at least, i don't remember where i saw this now

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

It will be forever an eternal mystery. My only guess is that it's a lot, lot more than many think.

digicoinuser

legendary

Activity: 2702

Merit: 1072

Almost every time I bring up Bitcoin to someone new this question arises. I think it's an important topic but difficult to give a solid answer.

tyz

legendary

Activity: 3360

Merit: 1533

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?

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