Post
Topic
Board Economics
Re: Milion of BTC lost and Milion BTC in hand of few people. A danger?
by
n2004al
on 03/11/2015, 16:54:35 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?

The bitcoins of Mt Gox are not lost. Are stolen and are in circulation or it can be in circulation in every moment. The same with the bitcoins of Satoshi. But if even these amount mentioned by you are lost and cannot enter in the market why must affect the actual situation of bitcoin or its market. The actual situation or the price of bitcoin in the market is exact how must be without having those amounts. This equilibrium is arrived without those. So why the lack of the above amounts must affect in some way something or everything connected with bitcoin.  The price can be changed if those amounts enter in the market. But without those the situation is exact like it can (must) be without those.