The question of how much Bitcoin is lost forever is a significant one in the cryptocurrency world.
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BlockchainVisionaryWed Dec 04 2024
Estimates suggest that a substantial number of Bitcoin coins have been lost due to various reasons such as forgotten passwords, lost hardware wallets, and other factors.
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DondaejiDelightTue Dec 03 2024
Specifically, it is believed that between 3 to 4 million Bitcoin coins will never be recovered.
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PhoenixRisingTue Dec 03 2024
This means that a considerable portion of the total Bitcoin supply, which is capped at 21 million coins, will never enter circulation.
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CryptoWizardTue Dec 03 2024
Consequently, the effective total supply of Bitcoin will be reduced to approximately 17 to 18 million coins.