Bitcoin: Missing 28,5 % Supply !?
Lost 4 and Stolen 2 Million Bitcoins
Jameson Lopp, a former BitGo engineer and engineer at CasaHODL, has estimated that around 4 million BTCs have been lost and that 2 million BTCs have been stolen.
With simple math, we get the current supply of about 11 million Bitcoins.
If is the current price of Bitcoin is defined by (now) around $ 6,700 - then it is a mistake !!!
Total traffic (daily) with new defined supply needs to be divided and the price will be around $ 10,300 / BTC.
Additionally, If one of the major characteristics that make bitcoin superior value compared to traditional property such as gold is its fixed offer,
the fact that only about 71.5 percent of bitcoin is available should increase the value of crypto currencies in the long term.
Recently, some prominent investors and analysts in the sector of cryptography,
have said the price of bitcoins will can range to be from 100,000 to several million dollars because only 21 million BTCs can ever exist.
What will he say now?
If the supply information is accurate it is another good sign for BItcoin (as if someone "burned" 6 million coins).
Damn! Major point.
This is was to be expected.
Thieves do not loot empty Trade, than full Trade ..
HODL 'till 1 satoshi = 1$ :)
All is possible.
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