Half of the circulating bitcoins have not moved in two years

[ShadowCrypto]

Almost half of the bitcoin circulation was not moved during the fall
Bitcoin has had a bear market for almost two and a half years, since reaching its historic top at R $ 70,000.
The data shows that almost half of the entire circulating Bitcoin offering has not moved for at least two years - a number that has increased by another 10% this year alone.



Source:

https://twitter.com/cryptounfolded/status/1254725729482240001

[Leonardo]

At least it's a proof that we are not screwed up yet. When we see whales move, it's time to be careful as they have some purposes. The bear market also contributes to the dormancy. However, with the recent movements of the market, especially today's pump, we can expect a a busier, noisier picture for this year.

[bigcash2011]

There have been reports that a large supply of bitcoins that range from 10 to 15 percent has already been lost as a result of loss of private keys, passwords and other login details. So i think that final btc supply will be around 18 million which is itself a pumping thing as supply seems further reduced.

[MrSpasybo]

Agree with you, 1 part of BTC has been permanently locked due to the owner losing the account key, 1 part due to the whales hoarding, 1 part is the small fish accidentally bought at the peak of $20K
This hoarding shows that the community still believes in the future of BTC: in the future price recovery & application of BTC.

[Confero]

There have been reports that a large supply of bitcoins that range from 10 to 15 percent has already been lost as a result of loss of private keys, passwords and other login details. So i think that final btc supply will be around 18 million which is itself a pumping thing as supply seems further reduced.

is this news true brother, can you provide a link from this news.  If this is true, can it not be recovered anymore?  Losing as much as a 15% supply of Bitcoin is certainly bad news in my opinion, very regrettable.

[masterrex]

Thats good to know mate! It means that those Bitcoin holders are not interested to sell its BTC holdings, and it is beneficial to the Bitcoin price today. by the way, the total circulation of Bitcoin was around 18 million and its total supply was 21 million it means only 3 Million will be mineable for years and what happens if all Bitcoin is already mined. 

[hushpupppy]

There are  some class of people that we use the term long term hodlers for.
They are hpdling bitcoin until it goes back to 20,000$ and further higher, and the percentage of such people keeps increasing daily.

[Senin]

On the one hand, the long absence of bitcoin movement is good because their holders count on the further growth of the cryptocurrency market and do not sell them, thereby not collapsing their price. However, on the other hand, the lack of movement in any market means its stagnation. Bitcoin is not used as a means of payment and that is not entirely good. After all, it was created primarily as an alternative means of payment for the currently existing financial system of payments.
But in any case, there will be a time for the growth of the cryptocurrency market, and there will be movement of all cryptocurrencies.

[expander]

Indeed, I have noticed the movement of bitcoin is quite slow. Does this really have something to do with the impact of COVID? I hope the conditions will improve soon. And the cycle of significant increases every 5 years will take effect in 2021.

[labonikhatun]

While bitcoin's position is much slower than before it won't last very long demand is rising due to rising prices the effects of the virus have caused many to suffer financial hardships that have led them to sell their bitcoins. But now most people are leaning towards crypto because bitcoin will reach a better position by the end of this year.

[KunotCoin]

Almost half of the circulated Bitcoins?? It means that was a roughly 9 Million Bitcoins, that was a huge sum of BTC but the more important question is are those BTC was stored in just a single wallet or it was scattered in many wallets?

[Thymoty]

I think most of the current BTC holders are holding their assets and waiting for the right momentum to sell their assets. As happened in the past where BTC was 20,000 USD. But I think it's a good thing, that the BTC market has become more stable.

[Black ID]

The peak is 2021. So let's just wait. Hopefully, there will be a bigger increase from 2017. Because this cycle is usually 5 years. Everyone is definitely looking forward to this big rise coming up soon.

[Tanimariya]

The Bitcoin market is a bit more volatile now than it was a few days ago and now the market is starting to grow a bit. The trend will continue. There is no doubt that it can be valuable in the economies of all countries. However, I think bitcoin will play a role in the economy of every country and any economic transaction will require bitcoin. Blockchain can be one of the means of dealing with different countries. So the price of bitcoin will increase in the coming days and I think the price of this bitcoin is one million dollars, it should be stuck at a certain level. The price will not increase, it will not decrease, it will be good for the users. However, I do not see any currency as an alternative to Bitcoin for commercial transactions. Bitcoin for trade Of course bitcoin bitcoin stuck at a certain price will be the main task of the world economy.

[trauchot]

Good news and this suggests that big players will soon start pumping the price of bitcoin and at the moment these big players are constantly making as many investments as possible in bitcoin, and therefore we also need to continue investing in bitcoin in order to get great profit later, because now it will be possible to reach new heights and I think bitcoin can easily overcome the 20k$ mark.