Re: What happens when bitcoins are lost?

Quote from: Yunkathu on January 21, 2018, 07:28:10 PM

Quote from: NikitaSkublov0202 on January 18, 2018, 05:51:48 AM

Aproximately 30-50% are out of circulation already. If a bitcoin is lost, than it's lost forever. It's out, no way to get it back.

Here's good infographic explaining everything:
https://imagesvc.timeincapp.com/v3/mm/image?url=https%3A%2F%2Ffortunedotcom.files.wordpress.com%2F2017%2F11%2Flost_bitcoins.png&w=800&q=85

Good analysis thank you.

This is an interesting bit of information here.

Supply and demand in part determine pricing,
once Bitcoin gains more wide spread adoption
naturally it will be worth more money per coin.

Officially there are only 21 million Bitcoin,
however the actual availability will be much
lower over time.

Thanks!