19 May '14, 4pm

Losing private key with tens of thousands of BTC: Say someone lost their private key containing 10000+ BTC...

Quote from: nkocevar on Today at 04:07:40 PM Say someone lost their private key containing 10000+ BTC... How long would it take for that to affect the market price of bitcoins since there will be less of a supply of bitcoin and more demand? Because such a small amount of the bitcoin supply is on all the exchanges combined there would be no effect on the market. I think less than 1% of the supply of Bitcoin is on every exchange in the world. You could loss 100,000 and it wouldn't even get priced in.

Full article: https://bitcointalk.org/index.php?topic=616098.0

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