<p>If you never traded bitcoins(just hold them), market can not know that you lost them.</p>

CC BY-SA 3.0
2015-12-09T10:42:23.697Z
Market feels that there is lack of bitcoins. For example when there is a presure to buy with the big number of lost bitcoins price will go higher.
Sebastian Xawery Wiśniowiecki
CC BY-SA 3.0
2015-12-09T13:07:33.697Z
@XaweryWiśniowiecki: Still, market cannot distinguish coins that are in cold storage from coins that have been lost.
Murch
CC BY-SA 3.0
2015-12-09T14:19:53.483Z
But smaller amount of bitcoins on the market will make the price higher in bull-time and slower price falling in bear-time
Sebastian Xawery Wiśniowiecki
CC BY-SA 3.0
2015-12-09T10:30:04.053Z
2015-12-09T10:30:04.053Z
user206948
<ol>
<li>Only the market knows it</li>
<li>Market will tell you if you lost them</li>
</ol>

CC BY-SA 3.0
2015-12-09T07:56:18.097Z
2015-12-09T07:56:18.097Z
Sebastian Xawery Wiśniowiecki
<p>My question is 2 part:<br/>
1. How does somebody know that a set of bitcoins is lost? Merely declaring that I've lost my private key and hence bitcoin makes the coins lost?<br/>
2. What impact(and why?) would be on the price of bitcoin if I lose a huge amount of bitcoin today? Say 1 billion? </p>

<bitcoind><bitcoin-core><currencies><value>
Impact on Bitcoin value due to lost bitcoin wallets
Neo
# Impact on Bitcoin value due to lost bitcoin wallets

(Asked by: username_0 on 2015-12-09)

My question is 2 part:  
1. How does somebody know that a set of bitcoins is lost? Merely declaring that I've lost my private key and hence bitcoin makes the coins lost?  
2. What impact(and why?) would be on the price of bitcoin if I lose a huge amount of bitcoin today? Say 1 billion?

**Tags:** bitcoind, bitcoin-core, currencies, value


---

## 2 answers

### Answer by username_1 on 2015-12-09. Score: 0

If you never traded bitcoins(just hold them), market can not know that you lost them.

> **Comments:**
> **username_2**: Market feels that there is lack of bitcoins. For example when there is a presure to buy with the big number of lost bitcoins price will go higher.  
> **username_3**: @XaweryWiśniowiecki: Still, market cannot distinguish coins that are in cold storage from coins that have been lost.  
> **username_2**: But smaller amount of bitcoins on the market will make the price higher in bull-time and slower price falling in bear-time  

---

### Answer by username_2 on 2015-12-09. Score: 0

1. Only the market knows it
2. Market will tell you if you lost them


---

