How many Bitcoin are lost forever? 4 Million ? What does this mean for the Bitcoin price?

According to a recent article in Fortune magazine, new research from Chainalysis, a digital forensics firm that studies the bitcoin blockchain, 3.79 million bitcoins are already gone for good based on a high estimate—and 2.78 million based on a low one.   Those numbers imply 17% to 23% of existing bitcoins are lost. The Chainalysis findings are significant because it is not speculative but they rely on a detailed empirical analysis of the blockchain, where all bitcoin transactions are recorded.   The inforgraphic shows a summary of the Bitcoin lost…

Read More

BITCOIN NEWS TODAY VIDEO – WARNING, There is not enough Bitcoin to go around!

Did you know that there is only 0.003 Bitcoin each human currently alive!  There is most definitely not enough Bitcoin to go around and Bitcoin is going to run out.  Explore this concept by watching the video below.                 Please leave your questions and comments below:  

Read More