Lost Bitcoins? - page 2. | Bitcointalksearch.org

randy8777

legendary

Activity: 896

Merit: 1000

Quote from: Raimonn on January 09, 2016, 06:02:02 PM

Lost bitcoins are bad for the user who lost them ( I suppose that were bitcoins minded years ago with low price, not a lot of money when they lost it, but at todays price, a very nice amount of dollars ) , but it increase the price for the other bitcoins that remain to spend. With less coins on market the price could be higher.

the price back then doesn't matter. right now the people that have lost access to their wallets could have had a great retirement bonus for later. especially when the price went over $1000 in 2013. current value is the only thing that matters.

Jeremycoin

legendary

Activity: 1022

Merit: 1003

𝓗𝓞𝓓𝓛

What I think about that? Well, I feel sorry to him. There is something that we should learn from this, keep your Bitcoin safe!

Raimonn

legendary

Activity: 1470

Merit: 1001

Lost bitcoins are bad for the user who lost them ( I suppose that were bitcoins minded years ago with low price, not a lot of money when they lost it, but at todays price, a very nice amount of dollars ) , but it increase the price for the other bitcoins that remain to spend. With less coins on market the price could be higher.

EdenHazard

legendary

Activity: 2674

Merit: 1048

Quote from: fuathan on January 09, 2016, 04:06:02 PM

What do you think about lost btcs?.. James Howells's story is very heart breaking. (He lost 7500 BTC with his harddisk 2 years ago Sad

)

Lost btcs in harddisks or hard wallets increase btc price eventually.

of course will be very bad and unpleasant if we lose bitcoin, let alone losing 7,500 worth of bitcoin, maybe I've stopped playing and adopt bitcoin. i ever lost my bitcoin just little amount,maybe this is not a dream.

ivanst776

legendary

Activity: 1540

Merit: 1003

Quote from: fuathan on January 09, 2016, 04:06:02 PM

What do you think about lost btcs?.. James Howells's story is very heart breaking. (He lost 7500 BTC with his harddisk 2 years ago Sad

)

Lost btcs in harddisks or hard wallets increase btc price eventually.

It was a similar thread here, but as far as i know more lost coins the other coins worth more because there are less coins in the market available, if James lost 7500BTC then it is really bad feeling.

franky1

legendary

Activity: 4410

Merit: 4788

Quote from: European Central Bank on January 09, 2016, 04:21:43 PM

I don't know if I buy the lost coins making other ones worth more. There's only ever a few for sale at any one time and most of the time we don't know about lost coins. They would only effect stuff if all coins were up for sale all at once.

+1
all 15million coins are not on exchanges
only 30,000 are and most get swapped atleast 3 times to show maximum trade volumes of 90,000.

so of the 30,000 coins or less active on exchanges.. the other 14,970,000 dont really affect the supply or demand.
so it doesnt matter if they are hoarded. or lost in a garbage site or forgotten private keys by satoshi, hal finney, sirius and the other original crew

European Central Bank

legendary

Activity: 1288

Merit: 1087

I don't know if I buy the lost coins making other ones worth more. There's only ever a few for sale at any one time and most of the time we don't know about lost coins. They would only effect stuff if all coins were up for sale all at once.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Even after a lot of events like Mt.gox etc ... It seems like people still don't give a shit about where they store their bitcoins , so I personally think they won't learn the lesson until something bad happens to them .
Now speaking about how those "losses" affect bitcoin ? then it's simply like Satoshi said :

Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone.

DerChiller

newbie

Activity: 25

Merit: 0

yes they could increase the price of bitcoins, but I dont think there will be many lost these days because people will safe their private keys.

fuathan

hero member

Activity: 1092

Merit: 520

Aleph.im

What do you think about lost btcs?.. James Howells's story is very heart breaking. (He lost 7500 BTC with his harddisk 2 years ago Sad

)

Lost btcs in harddisks or hard wallets increase btc price eventually.

Topic: Lost Bitcoins? - page 2. (Read 1426 times)