Post
Topic
Board Bitcoin Discussion
Re: Lost bitcoins
by
ICYNOTE2023
on 28/07/2023, 16:28:23 UTC
I read some old threads about lost Bitcoins ND this question has been on my mind ever since
If the lost Bitcoins were for instance recovered will the price of Bitcoin drop  because in theory it would affect the amount of Bitcoin in circulation which will lower it's price . I saw in those threads that lost Bitcoins are considered a donation to the Bitcoin network. so if my theory is correct then we should be happy those Bitcoins were lost.


while the idea of recovering lost Bitcoins and its potential impact on the market is a fascinating concept, it remains highly improbable in reality. Lost Bitcoins contribute to the scarcity narrative and the overall value proposition of Bitcoin. The cryptocurrency market is complex and influenced by multiple factors, making it challenging to predict the precise impact of any single event or scenario.