Quote from: Poker Player on Today at 05:49:49 AM

Quote from: remotemass on April 12, 2024, 11:25:18 PM

116 days later is target of 97% of Bitcoin limit in circulation.

You start from a false premise, there's a real world out there outside the calculations, you know? Bitcoins lost are no longer in circulation, so we have probably already reached that percentage, but as we cannot calculate those lost with certainty we cannot speak with certainty about the percentage of Bitcoins in circulation.

From CMC, over 19.68 million Bitcoin which is about 94% are already in circulation and I don't know if this included the lost Bitcoins. Accord to Investodia, 20% of all Bitcoin have been lost, a number consider too high for an innovation that is less than two decades. There is even a possibility that this number will go higher with time and even when it might seem good for HODLers, I see it as a general problem for Bitcoin as it further confirms the risk associated with Bitcoin.