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Old 01-18-2018, 08:19 AM   #41
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I am not concerned about Bitcoin buyers. We have so few Darwinian selection mechanisms left. ...
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Old 01-18-2018, 10:34 AM   #42
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Originally Posted by Texas Proud View Post
...OH, and if I die and did not give my password to anybody it is also lost...
You hear the stories of a friend-of-a-friend who "lost" the file or password that would have made them a billionaire... if only...

I wonder if anyone knows how many of these "lost" bitcoin are out there.

It seems there ought to be a lot of them. And a lot of money to be made by anyone who could recover them.
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Old 01-18-2018, 11:12 AM   #43
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Originally Posted by CaptTom View Post
You hear the stories of a friend-of-a-friend who "lost" the file or password that would have made them a billionaire... if only...

I wonder if anyone knows how many of these "lost" bitcoin are out there.

It seems there ought to be a lot of them. And a lot of money to be made by anyone who could recover them.
I listened to this NPR Planet Money podcast over the weekend. IIRC, they had an expert that estimated between 10% and 20% of bitcoins had been lost forever and could not be recovered. They were using some kind of rule of thumb that I do not recall.
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Old 01-18-2018, 11:15 AM   #44
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You hear the stories of a friend-of-a-friend who "lost" the file or password that would have made them a billionaire... if only...



I wonder if anyone knows how many of these "lost" bitcoin are out there.



It seems there ought to be a lot of them. And a lot of money to be made by anyone who could recover them.


haha...my sister's boyfriend is offering a reward of 2 bitcoins, from the 6 in his wallet, to anyone who can get the p/w out of his ex gf without tipping her off.
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Old 01-18-2018, 04:52 PM   #45
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Originally Posted by CaptTom View Post
You hear the stories of a friend-of-a-friend who "lost" the file or password that would have made them a billionaire... if only...

I wonder if anyone knows how many of these "lost" bitcoin are out there.

It seems there ought to be a lot of them. And a lot of money to be made by anyone who could recover them.

Or they are lost forever... when my brother was here over Christmas, he said he had a few coins, but he thought he had left them on his company's computer (he traveled so used theirs for everything).... did not think about that when he turned it in... probably wiped forever....
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Old 01-18-2018, 05:49 PM   #46
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haha...my sister's boyfriend is offering a reward of 2 bitcoins, from the 6 in his wallet, to anyone who can get the p/w out of his ex gf without tipping her off.
That's a good one! I'm still searching for that thumb drive with $5 worth on it. I don't think I'm going to find it.
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