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Mostly agree. The true lost value is the amount you would've sold the coins at, but that's impossible to know. For most people its safe to assume they would've
by menzoic 5y ago
Mostly agree. The true lost value is the amount you would've sold the coins at, but that's impossible to know. For most people its safe to assume they would've sold the coins during the first price jump years ago so its still less than peak valuation but probably more than purchase value. For more savvy investors who would take profits and hold the rest, the story could be different. The worse case is people who forgot they had coins years after purchase and went to retrieve them only to find that they've been stolen or permanantly lost. In that case you would lose the current values worth. I was in a similar situation with ETH stores on a laptop I donated to my sister years ago but luckily it was still stored on a partitioned drive and I was able to retrieve it.