Less in circulation than people have thought ? Isn't it crystal clear how many coins were minted eg block time / reward / halving vs current block I hope so, truly do else.....
Yes some are lost. But if Mt Gox went gambling any 'Fiat' btc created via 'creative' accounting is not going to disappear from the real circulation. They were never there in the first place. Now if all those that, presumably, but hopefully not lost their coins in the yet to be seen debacle, replenish their lost coins by buying from others: then yep I can see the price go up.
That's how I understand the controlled supply of BTC to work or am I on the wrong train
Say Gox have 50'000 more BTC registered with customer accounts than they actually have in their wallets. Then that is 50'000 less Bitcoins in the eco-system than the market thought. Providing that there is no inter-exchange counter-party risk here which I assume that their isn't, then this is not a run on the bank situation, but a robbery. Not so good for those who got robbed, but increases value of those who didn't get robbed.
The psychological impacts of this are another matter. I am with Bitstamp and have absolutely no fears about having my USD there at this point in time. I also had funds with Bitfinex, an exchange that I did feel a bit uneasy about, so i pulled what I had out of there.
yeah I'm with you. So we had (have???) some trading volume issues too eg if nobody noticed the fudged coins in the system the number of presumed 'lost' coins should go up ?