Post
Topic
Board Bitcoin Discussion
Re: 19 Million BTC in two weeks' time
by
Oshosondy
on 22/03/2022, 16:37:40 UTC
What this topic is missing is speculation on how much BTC has been lost so far - is it 2 or maybe 4 million BTC? Will there be enough BTC for everyone when all the millionaires decide to buy at least 1 BTC? Oh no, Satoshi was wrong and should have set 210 million BTC instead of 21 million - and what if he comes back and does just that😱
To know how much bitcoin have permanently lost can be impossible or may be after many centuries, the untouched bitcoins can be assumed to have been lost, using addresses connected to it for the tracking. But right now, the amount of bitcoin list can not be known.

But the lost Bitcoin is not a lost because it will only make the available bitcoin I'm circulation to be limited, the value of lost coins is distributed to the bailable ones on circulation, because of this, we can say Bitcoin is lost from someone, but not lost in value.

21 million is a perfect limited number of bitcoin that will existing in circulation, if it is 210000, bitcoin price that is $42000 now will be $4200, supply makes value to be reduced. Bitcoin is existing in Satoshi, the worst cas will be when 1 satoshi will worth something which will be because of how the world have highly adopted bitcoin.