Analysts say that if the price of BTC tokens is calculated considering its actual circulation while removing the lost tokens, the price of Bitcoin can be higher than the existing.
Lopp revealed that an estimated 4 million BTC are lost and 2 million BTC are stolen.
Till now 6 million Bitcoin tokens are permanently lost or are now inaccessible on the Bitcoin blockchain.
Currently, 17 million BTC tokens have been mined till now and considering 6 million tokens being unavailable now, there are currently 11 million tokens in market circulation at the moment.
Considering 6 million lost tokens if the actual supply in circulation is considered to be 11 million, BTC could be valued somewhere around $10,300.
Analysts say that if the price of BTC tokens is calculated considering its actual circulation while removing the lost tokens, the price of Bitcoin can be higher than the existing.
The post Here’s A Look At How The Lost Or Stolen Bitcoin Tokens Are Affecting Its Price appeared first on CoinSpeaker.
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