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…

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What happens to lost Bitcoins?

Have you lost your Bitcoins… is there anyone to call? Watch this explainer video to learn more about lost Bitcoins.   Get your copy of What is Bitcoin This e-book on Amazon explains what Bitcoin is, it explains that Bitcoin (BTC) is a virtual currency, digital not physical, and independent of banks. Useful links and resources for the newbie and advanced Bitcoiner or cryptocurrency enthusiast.   Please leave your questions and comments below:

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