Recently, the price of a single Bitcoin has risen by almost eight times what it was just three months ago. The question many have is how many are lost forever? While the answer is not so simple, the answer is more than a few. Let’s take a look at several.
The answer is, of course, hundreds of millions, because of the number of coins currently in circulation. Since there are billions of coins, of course, there are billions of lost coins as well. However, since there are so many billions, it is also safe to assume that not all of the lost coins can be found. Many are destroyed, for instance, when they lose their connection with the Internet.
One other thing to consider is that coins lost in electronic storage are not necessarily lost forever, but they are no longer accessible by the public. This may mean that you could have lost your coins and not know about it until you lose your Internet connection. It also may mean that if you do discover that your lost coins are still in your computer, they may be useless because of encryption.
If you think your lost coins are not lost forever, then you should think again. Remember, no one knows where the private keys to your wallet are, nor does anyone know how to change them. Because of this, the owner of those keys could be anyone, anywhere. This means that anyone could use those keys at any time and re-issue your coins as he desires.
So, even though your lost coins may still be in your computer, you probably have lost them forever if you did not take precautions. If you do think you can get them back, then you need to know how to do this. You do not want to open the safe and discover that the keys have been changed.
Once you have lost your coins in the wallet, you need to act quickly. To do that, you need to download a secure website and use it to make sure your keys are secure. After that, you need to check all your online banking accounts and your credit card statements to make sure that there is no activity on them. If you do find any, you will need to contact your bank to report the loss. to them and inform them of the loss and request a replacement.