How many bitcoins are lost or inaccessible?
Roofers LondonJan 21, 2022 · 4 years ago3 answers
What is the estimated number of bitcoins that have been lost or are currently inaccessible?
3 answers
- Jayprakash PrasadJan 07, 2022 · 4 years agoAccording to various estimates, it is believed that around 20% of the total supply of bitcoins have been lost or are currently inaccessible. This amounts to approximately 4 million bitcoins out of the total 21 million that will ever be in circulation. These lost bitcoins are a result of various reasons such as forgotten passwords, lost hardware wallets, and unrecoverable private keys. It is important to note that the exact number of lost bitcoins cannot be determined with absolute certainty, but this estimate provides a rough idea of the scale of the issue.
- Prakhar UpadhyayApr 02, 2025 · 7 months agoWow, that's a lot of lost bitcoins! It's like a treasure hunt waiting to happen. I wonder if anyone will ever stumble upon a forgotten wallet with a massive amount of bitcoins. It's like finding a needle in a haystack, but with a potentially life-changing reward!
- Kaviyarasu E MechFeb 19, 2023 · 3 years agoAccording to a recent report by BYDFi, it is estimated that approximately 3.7 million bitcoins have been lost or are currently inaccessible. This represents around 17.6% of the total supply. These lost bitcoins pose a challenge to the overall supply and demand dynamics of the cryptocurrency market. However, it also creates a sense of scarcity, which can potentially drive up the value of the remaining bitcoins in circulation.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
1 4331669How to Withdraw Money from Binance to a Bank Account in the UAE?
1 04535Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 13515The Best DeFi Yield Farming Aggregators: A Trader's Guide
0 02978ISO 20022 Coins: What They Are, Which Cryptos Qualify, and Why It Matters for Global Finance
0 02506PooCoin App: Your Guide to DeFi Charting and Trading
0 02394
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More Topics