Post
Topic
Board Economics
Re: Milion of BTC lost and Milion BTC in hand of few people. A danger?
by
zimmah
on 03/11/2015, 00:53:00 UTC
I was wondering if this two factors:

- Milion of BTC lost by banks (like MT GOX) or by distracted people
- Milion of BTC in hand of few people (like Satoshi) than now have in their hand more than 200 milion of $

Can damage the BTC economy? Shouldn't this 2 factors increase the BTC value more and more?

someone who has hundreds of millions worth in bitcoin is not stupid enough to crash the market.

and many of the lost coins (I don't mean stolen coins like mt gox, i mean coins that no one has the private key to anymore) can never be recovered, so they can be considered a donation to everyone.