Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home » About 36% of BTC in turnover are lost, "technical" Bitcoin crypto currency is in deficit

    About 36% of BTC in turnover are lost, "technical" Bitcoin crypto currency is in deficit

    0
    By BlockchainJournal on September 30, 2018 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    According to a new study submitted by two research firms – Chainalysis and Diar – the real number of Bitcoin (BTC) tokens in circulation was counted. According to CoinMarketCap, the number of coins in circulation is 17296587 at the time of writing. The study says that 36% of this amount is "absolutely accurately lost, most likely, that they were lost or are still underdeveloped." If to count, it turns out that 6.226 million BTC are technically inaccessible for purchase or trade even for whales.

    The report further says that 22% of the negotiable offer belongs to speculators, while investors have 30% of the total turnover. These values ​​are respectively 3.8 million and 5.189 million BTC.

    Using the figures above and knowing that the volume of emission for Bitkoyn Mining is 21 million tokens, we can confidently say that the "technical" crypto currency is in short supply. This is explained by the fact that 6.226 million BTC are out of reach. Nevertheless, there still remain 3,704 million BTC, which will be extracted in the future. This amount may be enough to satisfy the interests of global investors.

    In mid-July, Litecoin founder Charlie Lee called on crypto-currency traders and enthusiasts to strive first to get 1 BTC before buying any other coin.

    What is the future of the Bitcoin crypto currency

    To date, Bitcoin has attracted interest from institutional investors from Wall Street, such as Bakkt and CBOE, who already have applications for the ETF launch in the SEC.

    As reported a few days ago , the BTC's crypto currency has serious prerequisites for a rapid and steady rise in price.

    Author: Olga Novikova, analyst of Freedman Club Crypto News
    Image from Fotolia

    Bakkt Bitcoin BTC CBOE Featured Litecoin Offer Report SEC
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Strong Altcoin Accumulation: Whales Bet on AVNT, POPCAT, and TROLL Post-Listing

    September 26, 20253 Mins Read

    Hypervault Finance Collapses After Alleged $3.6 Million Rug Pull Sent to Tornado Cash

    September 26, 20252 Mins Read

    Kraken Secures $500 Million in New Funding Round, Boosting Its Total Valuation

    September 26, 20252 Mins Read

    Trump’s Tariffs and Weak GDP Sink Markets: Crypto ETFs See Massive Outflow

    September 26, 20252 Mins Read

    Tether Dominance Sparks Concern After Reaching Its Highest Level in Two Months

    September 26, 20252 Mins Read

    Moody’s Warns of Serious Risks in Cryptocurrency Adoption for Emerging Markets

    September 26, 20252 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.