The Bitcoin price has risen in the past few years since Bitcoin was traded for the first time on a stock exchange, more than 800,000%. It didn’t go on the way to the today’s Bitcoin price of about 8.200$ probably only several million Bitcoin forever lost, but remained in certain time intervals, increasingly unaffected. The speech is from the UTXO, which translates to “Unspend Transaction Output”.The best and safest stock market choose for you to opt for the right provider is not always easy. Therefore, we recommend that you take a look at our Bitcoin brokers & exchanges to throw a comparison. Trading on the safest and best exchanges in the world! For Comparison
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Bitcoin UTXO Chart affect BTC in circulation volume of
The Bitcoin Blockchain is transparent and provides for each of the access to various information about the activity on the Blockchain. This also includes the UTXO heard. This indicates when the last transaction of a Bitcoin has taken place. Thus, it is possible to accurately say when a Bitcoin was last moved.This Information not only gives us an indication of how many Bitcoin are lost forever, but when a certain Hold(HODL)-stages begin. The data can give us clues whether us actually have less Bitcoin than the currently approx. € 18.000.000 and when it is time to hold Bitcoin.
So a lot of Bitcoin maybe lost forever
A few months ago we spoke for the first Time on the possible number of lost Bitcoin. The number has remained relatively unchanged. A total of 21,57% of all Bitcoin in circulation has not been moved for more than 5 years. The equivalent of 3.882.600 BTC. This means that the Bitcoin has not been moved since October 2014. At that time, the Bitcoin price was around 350$.Additional additional 5.34 per cent of all in circulation, BTC are still to come. The are again 961.200 BTC, which were not moved between 3-5 years. The probability that a certain Bitcoin, better the Private Keys, are lost for ever, increases with increasing age of the last transaction. It is not possible to be certain exactly what Bitcoin actually stay forever out of reach and which are not. That could change, theoretically, from one day to the other, if the “old” Bitcoin will suddenly move again.Thus, we can say that currently 3.882.600 BTC and more 961.200 BTC is probably lost. The 4.843.800 BTC (26,91% of all Bitcoin), not more than moving 3 years, and perhaps are lost. At this point, we must not forget that all this Bitcoin during the Bullrun by the end of 2017, as the Bitcoin price reached its previous all-time high of 20,000 USD and the price will continue to multiply, were not moved.
Bitcoin price increase due to BTC HODL Waves?
After we have clarified the issue with the lost Bitcoin, now we come to the HODL-Waves. In these phases, investors catch on, Bitcoin is increasingly set aside and wait for a possible rate increase. This happened up to now, again and again, after a strong Bitcoin price increase and subsequent collapse. The HODL Waves, we have already covered a few months ago.The development of the non-moving Bitcoin since the last time the Bitcoin price High of $ 20,000, behaves very similar to the last HODL phase after recent strong BTC price increases. Since the beginning of 2018, still Bitcoin has grown steadily. Currently 8 and 12% of all Bitcoin were not moved between 2-3 years. The 1.461.600 BTC. For more 12,88% have not been touched between 18-24 months. Are the equivalent of the 2.318.400 BTC.On the following Chart, we can see the different HODL-Waves from the past. We now compare the development of the various “waves” on the current Chart, we can see how similar the development is currently.We can say with a clear Conscience that we are currently in a new HODL-Wave and more and more Bitcoin will not be moved. So the Faith that the Bitcoin price will increase in the next few months and years and perhaps even reached new heights continues to rise. This also goes hand in hand automatically, the supply decreases. Always less Bitcoin are therefore very much in circulation and are in eg. a stock exchange traded. Add to that the lost Bitcoin, which will reduce the current assets of BTC and digital currency even more rare make.
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