About 4 million btc are lost forever

[Unbunplease]

With the invention of a super-powerful quantum computer, these lost bitcoins will be able to regain a new lease on life, which will ultimately negatively affect the price of bitcoin.

[Fivestar4everMVP]

It's a good thing but then I feel for those people who in one way or the other lost access to their wallet in the early days of bitcoin, i wonder how they will be feeling looking at the amount of money their lost wallet holds in the blockchain, most especially when they have no money in their pocket.

[Black ID]

This is why searching for information in crypto in forums is so important. Because we can also update information about coins, which we have to move immediately or we have to take it immediately so there is no need for cases of loss. Because all the time these coins continue to evolve either getting better or getting lower.

[Senin]

With the invention of a super-powerful quantum computer, these lost bitcoins will be able to regain a new lease on life, which will ultimately negatively affect the price of bitcoin.

There are many more lost bitcoins than four million. A few years ago, there was talk of seven million lost bitcoins.
Quantum computers are said to be able to regain access to lost bitcoins and other cryptocurrencies. However, they can also pose a serious threat to the existence of cryptocurrency. It is even difficult to imagine what will happen to digital technologies when quantum computers appear. It will be necessary to completely rebuild the security system, it will be quite difficult.

[Alcor]

With the invention of a super-powerful quantum computer, these lost bitcoins will be able to regain a new lease on life, which will ultimately negatively affect the price of bitcoin.

If this happens, there will be a real threat of being hacked with the help of quantum computers in our cryptocurrency wallets. The statement that in this case the states will not allow such computers to fall into private hands and will strictly control their use does not stand up to scrutiny. We have always made sure that money can buy everything. Such quantum computers will appear primarily among cybercriminals. It is also not very reliable to hope that by this time they will find ways to protect themselves. Therefore, there is a problem and the probability of the worst-case scenario is growing every day.

[edmundo]

This is just one of several cases of lost bitcoin supply and holdings which can never be recovered. I have read of several instances and cases where people have either forgotten their login keys, wallet IDs or hard wallet details and in so doing, have lost their accumulated bitcoin forever. In most cases, these were people who never anticipated the wild growth of bitcoin. Unfortunate as it is, this is the reality and it continually reminds us of the need to keep our digital wallets backed up and safe.

[aiviaa485]

I don't understand what it means by Bitcoin Cash ABC on hold.
The meaning of being held back is that there are traders who HodL or indeed Bitcoin Cash ABC has lost their private key by the owner?

Or maybe I misinterpreted the OP thread that was written ?

[Thymoty]

I think that most of these bitcoin owners no longer have access to their wallets, for example losing their private keys, hardware, etc. Or some of these bitcoin owners are no longer in this world, or have died from disease or covid-19. Or they just hold bitcoins for a certain amount of time and then sell them later when the price is high.

[TERMINO]

Thymoty opinion make sense specially those people who hold Bitcoin and died recently due to corona virus. In case nobody knows their private key, their Bitcoin will remain unused forever. Very important to share your bitcoin privacy to your trusted love ones for the future purposes just in case bad things happens along the journey.

[Jaephoenix]

The game of cryptocurrency suits no one, and hates no one in particular. Just look at the colossal waste of good money there. Ultimately, I think someone, probably a hacker would get those funds

[Absolute]

Well sometimes when I heard or read similar like this I can't stop thinking to hope that the owner has to be me so that the fund won't go wasted.

[Legion]

that's an enormous amount of bitcoins.