Post
Topic
Board Bitcoin Discussion
Re: A transfer of 249.999 BTC happened just now, really amazing
by
Herbert2020
on 26/12/2018, 06:18:39 UTC
... I doubt this bitcoin movement can have much of an impact on the price and market. I am more wondering how many bitcoins are in circulation that cannot be tracked and this turnover is not displayed in the total cryptocurrency capitalization)

in market times, 8-9 days is a very long time so you should no longer have any doubts about the results of the kind of fund transfer that OP was pointing out. it is now clear that it had absolutely no effects on anything whatsoever.

as for coins in circulation you can calculate them easily by multiplying the number of blocks by their reward (it starts from 50 and halves every 210000 block) and then reduce about 100 of it for truly lost coins like burnt coins and miner mess ups to get the real value of circulating coins. the other type of "lost coins" like people losing their private keys, satoshi's coins,... are not lost and there is no way of measuring them.