Post
Topic
Board Bitcoin Discussion
Re: Around 4 Million Bitcoins lost forever!!
by
ahmad21
on 27/11/2017, 16:34:46 UTC
Wow, but the current supply is in there, maybe those miners or whatever they are still have their bitcoins on their wallet, so it is not making any difference because their balance is still going up day by day.

The max supply would be at 21million forever, and it would not change. When someone die, the balance will be in there forever, there is no way to change that, and it does not affect the market.

Maybe there are less bitcoins moving around, but they are still holding them in there, but nobody knows what really happened to those wallets, maybe they are locked

Yes you are right even I tried to made such a assumption that let's assume a certain percent of satoshis are going to miners for every certain transaction. They are HODLing such satoshis for a long term to gain huge profits. So at last aren't these satoshis just flowing out of the total market supply? If this continues like for next many years the supply is actually decreasing because what determines price is the circulating supply not the actual total supply.