Post
Topic
Board Bitcoin Discussion
Re: The Lost Coins and Its Contribution
by
Sutters Mill
on 26/08/2018, 12:56:49 UTC
Not all the addresses that have money in and that have sat dormant for a while or even years means that they're lost without a doubt. Many might just be long term holders looking to cash out eventually. You don't even know if satoshi plans to do that at one point. I agree that the more coins that are lost and out of circulation is better for all of us though.

the only winners are those who joined early.

This sounds like a ponzi scheme.Only early participants get any profit from ponzi scams.I refuse to believe that bitcoin is such type of scam.

Yeah, putting it like that is misleading. Sure, many of the early adopters did profit well, but many also sold at amounts like $10 and $100 as well and missed out on huge gains. People are still profiting from bitcoin and will continue to do so for some time so it's not just for the early adopters.