We all know there is a limit of 21million bitcoin.
Today the price of Bitcoin is close to 10,000usd.
Let us have a look at these details:
source:chainanalysis
A lot of people worked on bitcoin as a hobby but they were priced so less, that people felt that it is worthless, so they stopped looking into it or totally forgot about it. A lot of them had their keys saved on hard disks and unfortunately, those were thrown away or the storage locations were forgotten. Those people have kinda even gone into depression after learning the current price.
Currently 4million coins are assumed to be lost due to loss of keys or coins sent to the wrong addresses or the wrong chain,etc.
This in turn fuels up the prices of the bitcoin which are accessible
Notably, Satoshi owns 1 Million coins and none of them have been touched yet.
Kindly let me know your views about about lost coins