Author

Topic: LOST btc (Read 568 times)

legendary
Activity: 2814
Merit: 1192
August 05, 2017, 04:55:51 PM
#11
There's 3 options here.
The funds will go back to the users when BTC-e gets its shit together.
Coins will get mixed as they got scared and are going into hiding as we speak.
Some government agency will seize it and put on auction (which is the least likely option IMO)
legendary
Activity: 1190
Merit: 1002
August 05, 2017, 03:53:06 PM
#10
Closing the BTC-e will have a good impact on the course. Because this btc never go back in reality. I wonder what is  the number of lost bitcoins, to which there is no access for one reason or another?

I have heard that btc-e is still claiming all the users funds are safe and they have copy of their user's database so they can distribute those bitcoin that belongs to their users. I don't think all of those bitcoin will be unaccessible even if btc-e will shut down for forever.

Either someone form the team or government might get access to it.

Indeed, bitcoin from BTC-E won't just disappear or lost in the thin air and this exchange has stated to refunds customers right on September 1 after law enforcement agency have done their job. I assume it will takes some time after all of this problems be solved. Whether all of those bitcoin and money will be refunds or seized,but in the end, it will come back to the market and circulation.

If once the government official get hold of the coins then i think they will first want your KYC so that you can get your coins, so it means you have to prove that which btc address you are holding is yours and give identity proof , then what ever transaction you have done that and all you have to disclose so i think most of them dont come open and claim their coins so which ever are not claimed will be holded in that wallet and after that government will think of what to do.
full member
Activity: 182
Merit: 100
August 05, 2017, 02:58:52 PM
#9
based on their latest tweet, looks promising... and if they will be able to do it, it will have great impact towards btc demand Smiley
fck usgov to their blackholes hard Cheesy
hero member
Activity: 798
Merit: 506
August 05, 2017, 02:43:49 PM
#8
Closing the BTC-e will have a good impact on the course. Because this btc never go back in reality. I wonder what is  the number of lost bitcoins, to which there is no access for one reason or another?

I have heard that btc-e is still claiming all the users funds are safe and they have copy of their user's database so they can distribute those bitcoin that belongs to their users. I don't think all of those bitcoin will be unaccessible even if btc-e will shut down for forever.

Either someone form the team or government might get access to it.

Indeed, bitcoin from BTC-E won't just disappear or lost in the thin air and this exchange has stated to refunds customers right on September 1 after law enforcement agency have done their job. I assume it will takes some time after all of this problems be solved. Whether all of those bitcoin and money will be refunds or seized,but in the end, it will come back to the market and circulation.
sr. member
Activity: 531
Merit: 250
August 05, 2017, 02:01:35 PM
#7
There could be a site, maybe even bitcointalk where people could claim coins/address by sending 0.00000001BTC to a bitcointalk address. This wouldn't prove which coins are lost, but it could prove which coins are NOT lost...
hero member
Activity: 1008
Merit: 510
August 05, 2017, 01:19:47 PM
#6
Closing the BTC-e will have a good impact on the course. Because this btc never go back in reality. I wonder what is  the number of lost bitcoins, to which there is no access for one reason or another?


There are lots of Bitcoins permanently lost. Every year there are people that forget their private keys or send Bitcoins to the wrong address. There are people that die and no one knows they had Bitcoins or don't know how to access them. All these Bitcoins are permanently lost. The problem is that no one knows about many of the lost coins. Some may be known,but there is no way to know about all of them.

The total number of lost Bitcoins will just continue to increase over time. We can only approximate how many could be lost but just because some haven't moved doesn't mean they are lost. They could be just held for years as an investment.
legendary
Activity: 1218
Merit: 1006
August 05, 2017, 01:14:57 PM
#5
Closing the BTC-e will have a good impact on the course. Because this btc never go back in reality. I wonder what is  the number of lost bitcoins, to which there is no access for one reason or another?

I have heard that btc-e is still claiming all the users funds are safe and they have copy of their user's database so they can distribute those bitcoin that belongs to their users. I don't think all of those bitcoin will be unaccessible even if btc-e will shut down for forever.

Either someone form the team or government might get access to it.
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
August 05, 2017, 01:11:28 PM
#4
Satoshi once said that if you lose your private keys, don't consider the coins lost.

Consider them donated  to the community because everyone else's coins will be worth more.

How it possible to consider bitcoin kept in the wallet considering as bitcoin lost when forgot the private me key. It will be stagnated in one place and become unused bitcoin right. If you enough amount with you donate some amount to me.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
August 05, 2017, 11:33:34 AM
#3
Satoshi once said that if you lose your private keys, don't consider the coins lost.

Consider them donated  to the community because everyone else's coins will be worth more.
sr. member
Activity: 840
Merit: 254
I love BTC
August 05, 2017, 11:27:58 AM
#2
Closing the BTC will have a good impact on the course. Because this btc never go back in reality. I wonder what is  the number of lost bitcoins, to which there is no access for one reason or another?


That's impossible know. Maybe average value possible to say
Satoshi Nakomoto he has 1 000 000 BTC
Maybe if he not has access for them anymore
Or maybe he has keys
Hmmmm

BTCBTCBTC
 Cool Cool
full member
Activity: 224
Merit: 100
August 05, 2017, 11:25:54 AM
#1
Closing the BTC-e will have a good impact on the course. Because this btc never go back in reality. I wonder what is  the number of lost bitcoins, to which there is no access for one reason or another?
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