Topic: How many coins do we think have been lost forever? (Read 1027 times)
I think as the value goes up and up, there will be a lot less people losing their bitcoin. Heck I spent the few I had a long time ago too recklessly.
I think lots of BTCs are gone forever, about 15% of what has been mined totally. So thats about 2 million coins.
Agreed, but I also suspect the rate of attrition will decelerate sharply, as the price increases and people are more careful and coins move to stronger/safer hands.
I think lots of BTCs are gone forever, about 15% of what has been mined totally. So thats about 2 million coins.
With a range of error of + or - 14.5%
I think lots of BTCs are gone forever, about 15% of what has been mined totally. So thats about 2 million coins.
At least no one will accuse us of being Satoshi 
looks like trying to count is a fruitless exercise in any case.
looks like trying to count is a fruitless exercise in any case.
1 200th = 0.5% in my book if 1% is 100th?
12 mill / 63K = approx 1 200th, no?
12 mill / 63K = approx 1 200th, no?
Sometimes even simple math is difficult xD
Yes ~0.5% would be the actual number
I contributed my 5K back in the day.... 
We all owe you
1 200th = 0.5% in my book if 1% is 100th?
12 mill / 63K = approx 1 200th, no?
12 mill / 63K = approx 1 200th, no?
I contributed my 5K back in the day....
Sorry, v bad maths, I meant 0.5% of those so far issued.
Thanks nice thread.
So confirmed lost is approx 63K = 5%, so suspect real number must be over 10%, again wild guess.
63k aren't 5%, those are 0.3% of the 21 Mio Bitcoins (or about 0.6% of the currently issued ones).So confirmed lost is approx 63K = 5%, so suspect real number must be over 10%, again wild guess.
I think the amount of coins lost is more than 1 Mio Bitcoins though.
Thanks nice thread.
So confirmed lost is approx 63K = 5%, so suspect real number must be over 10%, again wild guess.
So confirmed lost is approx 63K = 5%, so suspect real number must be over 10%, again wild guess.
Thread for Known lost coins:
https://bitcointalksearch.org/topic/lets-add-up-the-known-lost-bitcoins-7253
https://bitcointalksearch.org/topic/lets-add-up-the-known-lost-bitcoins-7253
Wild guess, from stories and anecdotes I know of, 20-25%.
Attrition in the early days must have been reasonably high when they had little or no value?
Attrition in the early days must have been reasonably high when they had little or no value?
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