Chainalysis claims that 36% of Bitcoin in circulation is lost

in #busy6 years ago

Chainalysis is a company that tries to monitor and investigate sources and destinations of possibly illegal or fraudent transactions but in the end it simple means - its scouting blockchain to find all users and places they want.

Today they released report which says that most of investors held their position during this summer and didnt dump BTC after fall from 20 000 in december.

What is more interesting in their findings is that 36% of Bitcoins in circulation are probably lost or unmined.
image.png
30% of bitcoin held come from investors and just 22% are used by speculators to move markets.

If this analysis is true we should see bull market coming soon and the prices of old ATH 20k USD to be surpassed.

On the other hand we know its impossible to verify if coins are really lost or just untouched so that report i suggest to treat with a grain of salt.

Full text: https://blog.chainalysis.com/reports/money-supply-q3


CRYPTO INCOME GUIDE EBOOK - FREE FOR LIMITED TIME - DOWNLOAD HERE

Cant Post? Join My Official Discord Crypto/Steemit Group - https://discord.gg/Ma3VCxj

Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips!

Sort:  

The only ones we know for sure are lost are the ones burnt :P

and those that you lost yourself ;)

Many people seem unable to fathom this. Once you realise the actual scarcity of BTC relative to the amount of sophisticated investors, institutions and retail investors you will discover there really isn't enough supply to cater to all these groups, thus there should be a significant demand relative to supply.

I lost my original Bitcoin wallet that I first mined to... it was a fullnode.... Rip... I was 15 then I could have been rich lmaooo

So much to say about BTC.
a lot maybe lost but we are not there yet.
Eventually price will pump and then you will see if they are lost.

Posted using Partiko iOS

hello @somethingsubtle @blhz @gryphon @fortune-master @passion-fruit
thanks for voting on me but please vote/move bots to 15th minute, after changes on steemit voting before is not worth it! hope this helps!

Never got the change...
It just makes everyone vote later on...

all votes pre-15 minutes are LOST.

Exactly what good does that change really do? Just feel like it forces people to vote later.

Its purpose is to prevent automatic and immediate self votes.
Now a poster has to compete on closer than before to equal terms for being the first upvoter on own posts.

You got a 100.00% upvote from @luckyvotes courtesy of @slowgrow!

You got a 38.09% upvote from @whalecreator courtesy of @slowgrow! Delegate your Steem Power to earn 100% payouts.

This comment has received a 73.17 % upvote from @steemdiffuser thanks to: @slowgrow.

Bids above 0.05 SBD may get additional upvotes from our trail members.

Get Upvotes, Join Our Trail, or Delegate Some SP

Thank you so much for using our service! You were protected from massive loss up to 20%

You just received 65.61% upvote from @onlyprofitbot courtesy of @slowgrow!

Want to earn more with us? Our APR can reach as high as
15% or more!

More portion of profit will be given to delegators, as the SP pool grows!

Comment below or any post with "@opb !delegate [DelegationAmount]" to find out about current APR, estimated daily earnings in SBD/STEEM

You can now also make bids by commenting "@opb !vote post [BidAmount] [SBD|STEEM]" on any post without the hassle of pasting url to memo!

* Please note you do not have to key in [] for the command to work, APR can be affected by STEEM prices

You got a 38.09% upvote from @sleeplesswhale courtesy of @slowgrow!

No matter what i continue hold my ground loss or gain i'm not afected on that

All we can do is hope for the best....

Exactly what good does that change really do? Just feel like it forces people to vote later

I'd count only Satoshis coins and maybe a small percentage after that. Its conservative but its hard to believe someone with a huge amount of coins would be crazy enough to lose his private keys.

Coin Marketplace

STEEM 0.17
TRX 0.13
JST 0.030
BTC 56587.45
ETH 2991.05
USDT 1.00
SBD 2.15