Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: troll on November 28, 2017, 11:22:20 PM
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NY based Chainalysis, an analytics firm, has published a study stating nearly 4 million bitcoins are lost forever.
The study points to wallets that were created, and miners, from the days when bitcoin was only worth pennies or low dollar amounts.
Years ago when people had 20 bitcoins in a wallet and they were worth a total $10 - people weren't so concerned with keeping their wallet/key saved and safe.
Chainalysis says the years of 2009-2010 are when the vast majority of the coins were lost.
But even more shocking, while the early nearly worthless bitcoins were lost at a percentage between 15%-20% - they estimate up to 2% loss rate for 2017.
http://www.globalcryptopress.com/2017/11/shocking-study-up-to-4-million-bitcoins.html
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In fact, I met a figure that lost access to six million bitcoins. I think that later on there will be a way to extract them from the blockchein block chain. As an option to this development of events - quantum computers that will be able to do this very quickly, deciphering such codes.