Pages:
Author

Topic: Missing Bitcoins - page 2. (Read 337 times)

newbie
Activity: 20
Merit: 0
January 30, 2018, 07:15:59 PM
#15
It is so impossible to access all the missing coin and wallet its been an issue ever since.
member
Activity: 458
Merit: 10
January 30, 2018, 07:10:23 PM
#14
Yes it is true, even though bitcoin all amounts to 21 million when it's all done in the mine, but on the market there will be no 21 million, because I think some bitcoin may have gone missing because many lost bitcoin purses too, and this can affect expensive yes bitcoin later sometime
jr. member
Activity: 56
Merit: 3
January 30, 2018, 07:02:04 PM
#13
"According to new research from Chainalysis, a digital forensics firm that studies the bitcoin blockchain, 3.79 million bitcoins are already gone for good based on a high estimate—and 2.78 million based on a low one."

Now, how accurate was their analysis? I can't answer that.  But this will give you an idea of what the possible number of "lost" coins might truly be.  At least 2 million might be a safe guess.  
member
Activity: 145
Merit: 16
January 30, 2018, 06:57:41 PM
#12
Im pretty sure everone heard about the missing bitcoins and unaccessible wallets which has huge amount of bitcoins.There is a theory that the supply of bitcoin is not real(because of unaccsesible wallets)  and when the real amount of bitcoins revealed that is the time the real price of bitcoins will be there.What do you guys think about it or is it possible to detect unaccessible amount of bitcoin.I thought that maybe a fork would be useful to do that.
Around 4 millions of all BTC is lost on old hard drives, people forgot password, dead computers, ignorance etc... but also those coins are calculated in coinmarketcap. so you need to make real calculation
member
Activity: 350
Merit: 10
January 30, 2018, 06:57:15 PM
#11
Indeed a lot of bitcoin is missing, it's probably because those who have not so much care for their bitcoin at that time that the price is still cheap that ignore bitcoin, but now the regret is sure to come deep
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
January 30, 2018, 06:39:04 PM
#10
Im pretty sure everone heard about the missing bitcoins and unaccessible wallets which has huge amount of bitcoins.There is a theory that the supply of bitcoin is not real(because of unaccsesible wallets)  and when the real amount of bitcoins revealed that is the time the real price of bitcoins will be there.What do you guys think about it or is it possible to detect unaccessible amount of bitcoin.I thought that maybe a fork would be useful to do that.
I am not sure what you are referring to about the missing bitcoins ,missing from whom  Roll Eyes but when it comes to unaccessible wallets there is nothing you can do about it,the coins are gone forever and it is not able to detect which accounts are not accessible as most of the early miners are storing their coins in their cold wallet and there is no way you can recover those coins even with a fork because you need the private key for that wallet to get those coins. Tongue
hero member
Activity: 1232
Merit: 738
Mixing reinvented for your privacy | chipmixer.com
January 30, 2018, 06:28:12 PM
#9
Im pretty sure everone heard about the missing bitcoins and unaccessible wallets which has huge amount of bitcoins.

What do you guys think about it or is it possible to detect unaccessible amount of bitcoin.
I thought that maybe a fork would be useful to do that.
yes we all heard and knew about unaccessible/lost wallets
but apart from those that who asked for recovering and declared lost, how can you detect them?
dormant addresses may be cold storage for some users that intentionally left it idle for years in there
and presumably lost coins today was simply misplaced private keys until the owner found it tucked away somewhere
there is no feasible way to detect or confirm lost bitcoin, how would a fork solve this?
jr. member
Activity: 266
Merit: 1
January 30, 2018, 06:20:38 PM
#8
The whole thing is a complete mystery to me.  I think I am giving up on Bitcoin.  It's too confusing.  And when I read topics like this it really does my brain.  That is why people are losing trust in Bitcoin.  Two many secretive things.
full member
Activity: 258
Merit: 114
January 30, 2018, 06:10:41 PM
#7
It's impossible to know which coins are lost. The only ones we can be 100% sure about are coins sent to known burn addresses. That only amounts to a few thousand. Everything else could be in deep storage.

I see plenty of people awfully keen to fork and help themselves to coins that haven't moved for a while. Their owners may take umbrage.

Also the price would fall a lot if all the coins are back in circulation.
I dont think it will fall it changes nothing unless the people who found the coins wants to sell those bitcoins
full member
Activity: 448
Merit: 102
January 30, 2018, 05:58:19 PM
#6
I think fork is not the way to know the amount of bitcoin supply, because it's just for fixing the system, and if you want to know the bitcoin supply, you can dig it with algorithm code and you'll find out.
newbie
Activity: 62
Merit: 0
January 30, 2018, 05:51:56 PM
#5
It's impossible to know which coins are lost. The only ones we can be 100% sure about are coins sent to known burn addresses. That only amounts to a few thousand. Everything else could be in deep storage.

I see plenty of people awfully keen to fork and help themselves to coins that haven't moved for a while. Their owners may take umbrage.

Also the price would fall a lot if all the coins are back in circulation.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
January 30, 2018, 05:49:43 PM
#4
It's impossible to know which coins are lost. The only ones we can be 100% sure about are coins sent to known burn addresses. That only amounts to a few thousand. Everything else could be in deep storage.

I see plenty of people awfully keen to fork and help themselves to coins that haven't moved for a while. Their owners may take umbrage.
full member
Activity: 258
Merit: 114
January 30, 2018, 05:46:18 PM
#3
Im pretty sure everone heard about the missing bitcoins and unaccessible wallets which has huge amount of bitcoins.There is a theory that the supply of bitcoin is not real(because of unaccsesible wallets)  and when the real amount of bitcoins revealed that is the time the real price of bitcoins will be there.What do you guys think about it or is it possible to detect unaccessible amount of bitcoin.I thought that maybe a fork would be useful to do that.


Everything is open source, you can look through the code and the explorer if you want to dig through things.
OK but what do you think about this issue should it be taken care of or you are just fine with this
full member
Activity: 364
Merit: 102
January 30, 2018, 05:42:20 PM
#2
Im pretty sure everone heard about the missing bitcoins and unaccessible wallets which has huge amount of bitcoins.There is a theory that the supply of bitcoin is not real(because of unaccsesible wallets)  and when the real amount of bitcoins revealed that is the time the real price of bitcoins will be there.What do you guys think about it or is it possible to detect unaccessible amount of bitcoin.I thought that maybe a fork would be useful to do that.


Everything is open source, you can look through the code and the explorer if you want to dig through things.
full member
Activity: 258
Merit: 114
January 30, 2018, 05:34:18 PM
#1
Im pretty sure everone heard about the missing bitcoins and unaccessible wallets which has huge amount of bitcoins.There is a theory that the supply of bitcoin is not real(because of unaccsesible wallets)  and when the real amount of bitcoins revealed that is the time the real price of bitcoins will be there.What do you guys think about it or is it possible to detect unaccessible amount of bitcoin.I thought that maybe a fork would be useful to do that.
Pages:
Jump to: