Topic: How many lost Bitcoins are out there? (Read 1230 times)
If you are only asking about lost wallets, then I think that there is thousands of lost coins out there. If you include the money people lost on Bitcoin exchange's, then that number would increase to over 10,000.
I'm ever loss about BTC 0.06 when I'm invest into golden cow game. That's when I knew bitcoin earlier.
And for now, I'm got loss about BTC 0.1 from gambling site but I've manage to chase the loss back today
a person's problem to raise money is impatient . so they're looking for a quick way to raise money . with an investment scam or gamblingAnd for now, I'm got loss about BTC 0.1 from gambling site but I've manage to chase the loss back today
gambling and investment ponzi or a scam it will only eliminate your money
I'm ever loss about BTC 0.06 when I'm invest into golden cow game. That's when I knew bitcoin earlier.
And for now, I'm got loss about BTC 0.1 from gambling site but I've manage to chase the loss back today
And for now, I'm got loss about BTC 0.1 from gambling site but I've manage to chase the loss back today
Well I think that they are a lot og bitcoin that is lost.
Oh will for me I have lost some I was newbie at that time.
what do you talking about. I cant interpret your intentions . your grammar is strangeOh will for me I have lost some I was newbie at that time.
Well I think that they are a lot og bitcoin that is lost.
Oh will for me I have lost some I was newbie at that time.
Oh will for me I have lost some I was newbie at that time.
So the lost of coins means more value for the ones who actually have manegeable coins? That is another good motive to just hold. Lots of coins are lost everyday, adding to the value of the coins we own. 
I don't think we'll ever find out how many are lost exactly. I'm not sure if there is a way to find all these lost coins.
Probably a shit ton. I lost a private key containing half a bitcoin myself.
That's not counting all the "lost" coins from scams, ponzis etc. If you count those, then the figure would be giant.
That's not counting all the "lost" coins from scams, ponzis etc. If you count those, then the figure would be giant.
I ever lost all my bitcoin because lost private key . when I tried to claim the clam coin . from justdice by entering the private key
there was an error when entering in a chat . so that all the money is gone
Probably a shit ton. I lost a private key containing half a bitcoin myself.
That's not counting all the "lost" coins from scams, ponzis etc. If you count those, then the figure would be giant.
That's not counting all the "lost" coins from scams, ponzis etc. If you count those, then the figure would be giant.
those coins that went to scammer, are probably dumped, so how in the hell they can be considered lost?
the only lost coin are those that are in any way retrievable anymore
but i still think in the future there will be chances to have them back
How do you think there can be chances in the future to have them back? The only way I see if we invest ways to crack private keys, but if this would become possible than the whole Bitcoin would pretty much become useless!
with an hard fork maybe, that can give you a secondary private key associated with the first private key, something like that, much complex in practical
Probably a shit ton. I lost a private key containing half a bitcoin myself.
That's not counting all the "lost" coins from scams, ponzis etc. If you count those, then the figure would be giant.
That's not counting all the "lost" coins from scams, ponzis etc. If you count those, then the figure would be giant.
those coins that went to scammer, are probably dumped, so how in the hell they can be considered lost?
the only lost coin are those that are in any way retrievable anymore
but i still think in the future there will be chances to have them back
How do you think there can be chances in the future to have them back? The only way I see if we invest ways to crack private keys, but if this would become possible than the whole Bitcoin would pretty much become useless!
Probably a shit ton. I lost a private key containing half a bitcoin myself.
That's not counting all the "lost" coins from scams, ponzis etc. If you count those, then the figure would be giant.
That's not counting all the "lost" coins from scams, ponzis etc. If you count those, then the figure would be giant.
those coins that went to scammer, are probably dumped, so how in the hell they can be considered lost?
the only lost coin are those that are in any way retrievable anymore
but i still think in the future there will be chances to have them back
Probably a shit ton. I lost a private key containing half a bitcoin myself.
That's not counting all the "lost" coins from scams, ponzis etc. If you count those, then the figure would be giant.
That's not counting all the "lost" coins from scams, ponzis etc. If you count those, then the figure would be giant.
Coins lost from ponzi's and scams should not be factored in this category, as they continue to circulate, even tho they in a way were taken(scammed away) from you.
imho there's nothing needed to be done with lost coins, it's sort of a natural thing to happen in crypto currencies, and in time, it will only increase the value of the remaining
coins, which in a way is fixing the problem by itself. Coins get lost, but value of them does not, it gets added to crypto/fiat ratio.
cheers
Yeah, actual dead coins, or "forever frozen coins", happen under very particular scenarios:
1) the owner of the keys dies
2) the owner of the keys loses his memory and therefore access to keys
3) the owner of the keys losses the harddrive/pendrive/paper/whatever in a way that those aren't recoverable by any means
That's about it, the rest of possibilities will make circulation of bitcoin's possible.
Probably a shit ton. I lost a private key containing half a bitcoin myself.
That's not counting all the "lost" coins from scams, ponzis etc. If you count those, then the figure would be giant.
That's not counting all the "lost" coins from scams, ponzis etc. If you count those, then the figure would be giant.
Coins lost from ponzi's and scams should not be factored in this category, as they continue to circulate, even tho they in a way were taken(scammed away) from you.
imho there's nothing needed to be done with lost coins, it's sort of a natural thing to happen in crypto currencies, and in time, it will only increase the value of the remaining
coins, which in a way is fixing the problem by itself. Coins get lost, but value of them does not, it gets added to crypto/fiat ratio.
cheers
Probably a shit ton. I lost a private key containing half a bitcoin myself.
That's not counting all the "lost" coins from scams, ponzis etc. If you count those, then the figure would be giant.
That's not counting all the "lost" coins from scams, ponzis etc. If you count those, then the figure would be giant.
I m very sure there are very many coins that are just heald in the mid air because people have been able to loose or forget their own passwords. This is one thing that usually pose as a challenge to the bitcoins. The inability to recover the lost or forgotten password. I think they need to have a mechanism that will cater for this to avoid a situation where the bitcoins are available but can not be accessed. It is very dangerous.
Mate this is a danger of being your own bank! I would still rather live with this danger than with the dangers of the financial banking system of today.
But yes, I suppose many coins have been lost. How many exactly, we can guess at best!
I m very sure there are very many coins that are just heald in the mid air because people have been able to loose or forget their own passwords. This is one thing that usually pose as a challenge to the bitcoins. The inability to recover the lost or forgotten password. I think they need to have a mechanism that will cater for this to avoid a situation where the bitcoins are available but can not be accessed. It is very dangerous.
Lost bitcoins aren't just ones from lost wallets, but burnt coins (send to addresses that the private key wasn't kept for etc) is quite a big thing. I've burnt 0.2 before ($100 is $100) and it sucked.
I've lost some but not a lot. Wrong addresses or 'scams' etc. But when I started I learned from my mistaked and these days i can say with confidence i am not making this kind of mistakes.
For starters checking and saving your wallet (with encryption) is very handy.
For starters checking and saving your wallet (with encryption) is very handy.
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At least 2k BTC are verifiable: https://blockchain.info/address/1CounterpartyXXXXXXXXXXXXXXXUWLpVr. If satoshi don't appear again, its safe to assume that 1million+ additional BTC are lost. If more BTC were in circulation today, BTC would be much less valuable obviously. Shortage of coins is not a concern since BTC are divisible.
Coins lost after the last checkpoint can be recovered but it is harder for coins lost before the last checkpoint to be recovered, clients have to be changed.Neither of these are feasible. CMIIW.
its really impossible satoshi nakamoto just throw his coins or leave it alone,the coins is probably already sold even a bit or satoshi just wanted to keep it until the price going far up Coins lost after the last checkpoint can be recovered but it is harder for coins lost before the last checkpoint to be recovered, clients have to be changed.Neither of these are feasible. CMIIW.
I think people would be shocked to find out how many are lost.
Think about early adopters / people who just tried it out got
like 100-1000 btc and just forgot about them or threw away
the computer as it stopped working. Yikes I dont want to think
about how many lost coins are out there.
Think about early adopters / people who just tried it out got
like 100-1000 btc and just forgot about them or threw away
the computer as it stopped working. Yikes I dont want to think
about how many lost coins are out there.
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