About 4 million btc are lost forever

[ShadowCrypto]

https://zycrypto.com/are-people-dumping-bch-and-bsv-for-the-original-bitcoin/
About 4 million BTC are lost forever
of that, the article says that about 6.4 million bch have stayed stagnant
it then adds that there are more bsv are stagnant or about 8.5 million
not everyone has claimed their bch or bsv and that is why those coins are stagnant. if bsv forked then there would be about 10.5 million new stagnant coins because not everyone would claim the new coins from the bsv fork.... hypothetically speaking
so, it goes to show that there are probably only about 12 million bch out there.
when btc takes off...... like in the 20 to 30k range.... money will then flow into the alts more and bch will then start to really move

[NihonShoki]

block halving, because the millions of Bitcoins lost on the blockchain are widely recognized by investors in the global market, it is possible that the current market is proving valuation taking into account the real BTC supply. is less than the amount we thought it would be.

[Naimah]

Over the past few years, prominent investors and analysts in the field have consistently said that Bitcoin's price could reach between $ 100,000 and several million as only 21 million BTC coins exist.

[Ganesa99]

As of July 2018, that total of 6 million BTC is considered inaccessible and permanently lost on the bitcoin blockchain. Due to the inability to break the blockchain to recover that number, 28.5% of the bitcon's fixed supply is probably lost forever.

[Keelin]

According to the latest research from blockchain analytics firm Chainalysis, 3.79 million Bitcoins are gone forever, this is the result with a high estimate and 2.78 million on a low estimate. These numbers show that 17% to 23% of all existing Bitcoin has been lost

[Thalassaya]

More than 4 million Bitcoins were lost forever due to duplicate transactions that did not generate rewards or were stolen. While the report gives one of the most conservative estimates of the number of coins lost, it still shows that Bitcoin is getting more and more scarce every day.

[bigcash2011]

If this is true then we can assume that total btc supply is just 17 million and even among them 3 to 4 million are still to be mined so the net supply now could be around 14 million btc only.
This short supply and high demand again confirms the fundamentally bullish asset that btc is and i think btc should break 20k atleast by year end.

[masterrex]

Wow, that was a huge amount Imagine 4 million Bitcoin multiply with today's BTC price it was staggering $4.56 Billion my question is why that Bitcoin is lost? Is there any other option to recover those lost BTC? that was my question and if it's true that it was lost forever the BTC supply was more scarce now.

[tonymillions84]

Sorry to say but have you wondered the same to altcoins that are stagnant. the volatility in cryptocurrency has made a huge number of traders abandoned that account and wallets. i know of a crypto investment sight that have gone down because wrong market prediction and movement. business was nolonger triving.

[Andruha1993]

Indeed, a lot of Bitcoins are now lost. Personally, I myself have lost some bitcoins, because I forgot the private key from my wallet and no longer have access to them.

[LogiC]

Indeed, a lot of Bitcoins are now lost. Personally, I myself have lost some bitcoins, because I forgot the private key from my wallet and no longer have access to them.

Thats the important thing about having bitcoin. Always make sure that you hold your private key cause if not surely you are gonna suffer from being stagnant.

If the reports says bitcoin that big have loss already then thats it. We cant undo it and recover unless there is a way yo bypass private key but that would be a million times hard.

[Nboramir]

Although it has limited supply, biitcoin will never see 6-digit numbers. If we come to the lost bitcoins. Deletion of wallets may be the main reason for most of the first mining computers.

[hair]

my question is why that Bitcoin is lost?

Is this because Bitcoin holders forget the private key or the person who owns BTC has died. so that their bitcoins are only stored in private wallets without being accessed by anyone? so that bitcoin is considered lost forever?

[KKH84]

my question is why that Bitcoin is lost?

Is this because Bitcoin holders forget the private key or the person who owns BTC has died. so that their bitcoins are only stored in private wallets without being accessed by anyone? so that bitcoin is considered lost forever?

I have the same thoughts as you, maybe some of them forget the private key to access the wallet, so that the Bitcoin in the wallet never moves to another wallet or another possibility they deliberately discard their private key, because in the beginning Bitcoin existed  , the price was still too cheap so they couldn't wait to wait.

[hair]

I have the same thoughts as you, maybe some of them forget the private key to access the wallet, so that the Bitcoin in the wallet never moves to another wallet or another possibility they deliberately discard their private key, because in the beginning Bitcoin existed  , the price was still too cheap so they couldn't wait to wait.

This is a reasonable opinion. This makes bitcoin scarce and there will be less supply because we can't access it. If this happened any time Bitcoin could become extinct.