The news of Peter Schiff losing his bitcoin sparked my interest again into digging how many btc's are lost forever. The only study I can find is the report by Chainanalysis where they claim that between 2.3 and 3.7 million (or 3.8 million) bitcoin are lost.
That report, however, was published last 2018. Assuming Peter's claim and the several "I lost my btc" threads here are true, what do you think is the current estimate of total lost bitcoin?
(edit: it looks like blockchain.com is fixing Peter's "lost btc" issue from their reply so forget about that in making your estimates
)
It is safe to say that more and more will be added to the total until the last bitcoin is mined. By the year 2140, btc's total supply in circulation could be more or less 10 million. I can't imagine the effect of that on the price.
Quote
Between 2.3 and 3.7 million bitcoin are lost, reducing market capitalisation by between 13% and 22%. Market capitalisation could be reduced by a further 35% if illiquid investor holdings are removed from the cap.
Quote
As of April 2018, of the 21 million bitcoin that will ever exist, around 4 million are currently unmined, at least 2.3 million are lost, 7.4 million are held as long term investments - of which a further 1.5 million could be lost, 2.2 million are held for transactions by services, such as exchanges, and 5.1 million are held for speculation.
That report, however, was published last 2018. Assuming Peter's claim and the several "I lost my btc" threads here are true, what do you think is the current estimate of total lost bitcoin?
(edit: it looks like blockchain.com is fixing Peter's "lost btc" issue from their reply so forget about that in making your estimates
)It is safe to say that more and more will be added to the total until the last bitcoin is mined. By the year 2140, btc's total supply in circulation could be more or less 10 million. I can't imagine the effect of that on the price.
petter used blockchain.com service so he can recover it .