Lost Dogecoin value | Bitcointalksearch.org

genset88

member

Activity: 349

Merit: 10

Quote from: Wikadin on July 28, 2018, 02:15:04 PM

For Dogecoin there is a dogeparty address (DDogepartyxxxxxxxxxxxxxxxxxxw1dfzr) that is used to burn coins. Currently it has more than 1,854,000,000 DOGE which is 1.61% of total supply. I did a quick calculation and it seems that coinmarketcap does not exclude these coins from circulating supply and market cap.

I think losing coins is completely different from burning coin. Losing coin can't be sold, exchanged and burned. The DOGE lost coin can account for over 20% of the total supply.
In terms of statistics, I think it is very difficult to make statistics because we can't accurately perceive the number of coins lost or the number of coins in a long-term holding.

btc78

full member

Activity: 2520

Merit: 214

Eloncoin.org - Mars, here we come!

Quote from: Wikadin on July 21, 2018, 05:23:11 AM

Is there any research available on lost coins, especially DOGE? Roll Eyes

By lost I mean lost forever, for example because of lost wallets, forgotten passwords, transactions to wrong addresses etc. I am interested to see how much coins disappear from circulation and what is the estimated range for the market capitalization if those lost coins are excluded. It is also interesting to compare lost coin value in one year to the amount of coins mined during the same period of time.

San to say but it was not recoverable,because all wallets are secured by our own private key that even the developer has no access about this.i have once lost my private key and I accepted that theres no chance of regaining my coins

And forget about the dogecoin because this is a dying cryptocurrency😂

moepaing

member

Activity: 252

Merit: 10

Has it had a real value ever? I don't think so. It is like a joke for me but I feel some good predictions for this altcoin from my intuition, and I don't know why.

FoBoT

sr. member

Activity: 658

Merit: 250

I do not think there is a way to get an estimate of lost coin because ones the coin is lost, I believe it cannot be found again, if there is an estimate, then that might probably be that the people involved gave the information and we cannot be sure if that is the exact amount.

carlzhao

jr. member

Activity: 120

Merit: 1

Alfa-Enzo:Introducing the First Global Smartmarket

Dogecoin was always not promising for me. It is not so reliable altcoin which could be worth for investing and so on. There are a lote of stronger ones.

Via-

newbie

Activity: 154

Merit: 0

I often lose coins in my wallet. and I am looking for information in various media about this problem but until now have not found it. i only know because we lost. Is it caused by the loss of kuvi ?. we need some information or articles to solve this problem

Wikadin

newbie

Activity: 82

Merit: 0

For Dogecoin there is a dogeparty address (DDogepartyxxxxxxxxxxxxxxxxxxw1dfzr) that is used to burn coins. Currently it has more than 1,854,000,000 DOGE which is 1.61% of total supply. I did a quick calculation and it seems that coinmarketcap does not exclude these coins from circulating supply and market cap.

Itcher

full member

Activity: 364

Merit: 100

There are many assumptions that a very large part of Bitcoins is lost without a trace. But if the coins are on the wallet for several years without movement it does not mean that they do not have access to someone left them for a long period.

Klik Kanan

member

Activity: 196

Merit: 10

Quote from: scoobidoobydu on July 26, 2018, 08:13:14 PM

Maybe the coin owner can do the statistics about wallet that do not have any movement in like a year and you will have an estimated number.
The reason I say this because recent year we witnessed strong bullist and bearist market, so if someone having money, they should having some movement already. The one stay should be the inactive/death one.
That's what I think, I am not sure if it can be done on the teach side.

thats sounds impossible, because as far i know, the doge developer were not taking care on doge coin anymore. doge was made as joking coin

scoobidoobydu

member

Activity: 141

Merit: 10

Maybe the coin owner can do the statistics about wallet that do not have any movement in like a year and you will have an estimated number.
The reason I say this because recent year we witnessed strong bullist and bearist market, so if someone having money, they should having some movement already. The one stay should be the inactive/death one.
That's what I think, I am not sure if it can be done on the teach side.

bayu7adi

hero member

Activity: 1470

Merit: 558

dont be greedy

doge has a very cheap price, little change occurs, of course, will be very felt change in value
I love to use doge to give incentives to community crypto who like to do small things, and pay them with this DOGE
that's the value DOGE recruited me, maybe everyone will be different

tsaroz

legendary

Activity: 3150

Merit: 1069

And it's also too difficult to differentiate lost coins and hodled ones.
Crypto dies with the person if they didn't shared the private keys, sent to a wallet claimed by none and yes lost private keys.
This is also a measure that controls/diminishes total supply and maintaining the value of the coin.

duongdaiduong

member

Activity: 289

Merit: 10

Quote from: Wikadin on July 21, 2018, 05:23:11 AM

Is there any research available on lost coins, especially DOGE? Roll Eyes

By lost I mean lost forever, for example because of lost wallets, forgotten passwords, transactions to wrong addresses etc. I am interested to see how much coins disappear from circulation and what is the estimated range for the market capitalization if those lost coins are excluded. It is also interesting to compare lost coin value in one year to the amount of coins mined during the same period of time.

I don't think anyone wants to statistics currencies lost.
Most belong to the user mistakes. (Lost wallet, wrong address ...)
Simple example token ABC 1,000.000.000 total supply.
You own 10000 token ABC and you lose it. Lost too small token number and this had little impact on the ABC.
It is difficult to find a person or organization to investigate, evaluate and report on lost coins.

spiker777

sr. member

Activity: 1007

Merit: 279

Payment Gateway Allows Recurring Payments

This type of research is very hard to perform, often because the people who lose their wallets also lose the wallet address, so you can't tell which wallets have lost UTXOs that will never be retrieved. So any numbers you do find on the internet will be more of a guesstimate, rather than being backed with evidence.

itssawai

jr. member

Activity: 308

Merit: 2

Look ARROUND!

Nobody can value lost coins with surity but I've read a post where a guy lost thousands of btc because he lost his computer where he mined them. Similarly many coins lost in mining, password lost or incorrect or failed transactions. No one knows the exact values but it is certainly a big number.

bolshojkush

sr. member

Activity: 784

Merit: 256

Binance #Smart World Global Token

Why do you need this information?? Cryptocurrency is very easy to lose and can not be restored with the loss of keys, this is perhaps one of the biggest drawbacks. But its value lies precisely in the decentralization and irreversibility of operations. You just have to be smarter and not keep the keys in one place.

Dr.2x

newbie

Activity: 182

Merit: 0

There has been a few research on this topic. According to the Chainanalysis, 17 to 23 percent of Bitcoins has been lost forever. They lose access to their wallets and hence lose the Bitcoins forever. It costs almost 32 billion worth cryptocurrency is lost forever.

elncrow

newbie

Activity: 266

Merit: 0

I don't think that there is such a research where you can lose coins.When you lost it , you lost it for good. There is a prediction that in the future more bitcoin will be lost but the amount of range will lower than before.

Theyetion

newbie

Activity: 145

Merit: 0

I have searched online for a long time to find if there's any research available on the lost coins but sadly there's none. I think we only like to record our triumphs rather than focusing on what we lost, that has been the case here. Everyone has decide to move forward than living in the past. But you can find few articles on Dogecoin that may help you to know some figures.

Emence

newbie

Activity: 269

Merit: 0

I have done and looked into alot of researches but non could be found. Therefore if you prefer looking at small figures, some are available on the internet but a total assumption is still not vigilant

Topic: Lost Dogecoin value (Read 247 times)