How much bitcoin is lost everyday?
How much bitcoin is lost everyday?
What is not talked about is the amount of Bitcoin that is lost every day.
I am curious why this is not mentioned often when the coin is talked about. People die and take their coins with them, people send crypto to the wrong address .How much if the current supply is unrecoverable. This is important because it is reducing the maximum number of coins on the market.
Theoretically, every day Bitcoins are lost, this is unrecoverable. Shouldn’t this drive up the price over time as the coins are not in exchanges and not available for trade. Is there any study done in regards to this?
Thank you for your help.
I’ve always thought about this and with a long enough timescale every bitcoin will be lost
Pretty sure this gets priced in naturally by supply and demand. There’s no lost coin adjustment day for you to work into your strategy.
Eventually the final person holding bitcoin will die and take their wallet with them. This is how the world ends.
The issue with that is you don’t know if the BTC in a wallet is ever going to move again.