Bitcoin Days Destroyed Declined During its Recent $10,000 ...

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Bitcoin - The Internet of Money

/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
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Qué es Bitcoin Days Destroyed? ¿Por qué es importante?

Qué es Bitcoin Days Destroyed? ¿Por qué es importante? submitted by raaner12 to CryptoMonedas [link] [comments]

Bitcoin Days Destroyed chart?

I'm having a hard time finding a chart of Bitcoin Days Destroyed. Anybody know where one can be had?
submitted by pos_terior to Bitcoin [link] [comments]

Bitcoin days destroyed

Hi All,
Does anyone know if there are any regularly maintained BTC days destroyed graphs that are available for free? If not, do people think something like this would be valuable?
Thanks!
submitted by newacc93250 to Bitcoin [link] [comments]

I don't understand the Bitcoin Days Destroyed metric fully. Can someone illuminate me on this? hopefully it will be of interest for others too.

I don't understand this metric fully.
Bitcoin days destroyed for any given transaction is calculated by taking the number of Bitcoins in a transaction and multiplying it by the number of days it has been since those coins were last spent.
So does that mean that the metric could go above the 100% mark?
Why is it an important metric? What could one infer from observing this graph (1 day worth of data only)?
https://en.bitcoin.it/wiki/File:June-17th-days-destroyed.png

submitted by agasabellaba to btc [link] [comments]

What are "bitcoin days destroyed"?" By Andreas Antonopoulos

What are submitted by LetgoCrypto to Bitcoin [link] [comments]

What are bitcoin days destroyed?

What are bitcoin days destroyed?
submitted by vominhtri1611 to Bitcoin [link] [comments]

This New Bitcoin 'Days Destroyed' Metric Paints a Bright Picture for Price

This New Bitcoin 'Days Destroyed' Metric Paints a Bright Picture for Price submitted by leftok to atbitcoin [link] [comments]

This New Bitcoin ‘Days Destroyed’ Metric Paints a Bright Picture for Price

This New Bitcoin ‘Days Destroyed’ Metric Paints a Bright Picture for Price submitted by Ranzware to BitNewsLive [link] [comments]

This New Bitcoin ‘Days Destroyed’ Metric Paints a Bright Picture for Price

This New Bitcoin ‘Days Destroyed’ Metric Paints a Bright Picture for Price submitted by n4bb to CoinPath [link] [comments]

This New Bitcoin ‘Days Destroyed’ Metric Paints a Bright Picture for Price

This New Bitcoin ‘Days Destroyed’ Metric Paints a Bright Picture for Price submitted by ThrillerPodcast to thrillerpodcast [link] [comments]

Bitcoin days destroyed chart

I can't seem to find a single one anywhere with up to date data? Where can I find one!?
submitted by flat_bitcoin to Bitcoin [link] [comments]

There were an awful lot of Bitcoin Days Destroyed today.

There were an awful lot of Bitcoin Days Destroyed today. submitted by PotatoBadger to Bitcoin [link] [comments]

Bitcoin Days Destroyed - Highest level since early 2014

Bitcoin Days Destroyed - Highest level since early 2014 submitted by cointastical to Bitcoin [link] [comments]

Bitcoin days destroyed vs. price chart. It shows that whenever price sharply rises, more people than usual get their bitcoins out of cold storage in order to sell them 📈

The chart: https://twitter.com/nikzh/status/818403041980334080
Upd.: The same graph on a log scale: https://twitter.com/nikzh/status/818439856997224448
submitted by Har01d to BitcoinMarkets [link] [comments]

Record number of Bitcoin days destroyed, and 10 days later we a record-breaking Bitcoin ETF announced? Coincidence? I think not.

I don't have any concrete proof, but I have a sneaking suspicion that these two events are related. There simply is no other reason for that many BDD to happen.
On 2013-12-21, this block moved a record number of bitcoin days destroyed, with a volume of over 117,000BTC.
https://blockchain.info/block-index/451760
While the normal transactions in the 0-400BTC range are present in the block, there are 28 transactions between 2500 and 5000BTC which were always about 1mBTC away from having no decimal places at and all of which came from addresses that haven't moved since 2011-03-02. The total amount that was transferred totaled ~112,846BTC moved at two very distinct time periods: 04:38:26 and 05:04:00 making these two events undeniably related.
Today, 10 days later, it was announced that Fortress Investment is starting a private ETF for Bitcoins with a summation totaling around $150 million USD to be able to start. That kind of market movement would undeniably buy out all of the exchanges and cause undue chaos in the markets for the weeks following, as if the news announcement won't be big enough already. What I believe happened instead is they were able to get in contact with one of the very early miners, and broker a deal to them to buy a chunk of their holdings outside of the exchanges for a set price. What would that be? Something very lucrative.
The SEC filing for the ETF they formed a fund with the sum of $147 million USD from 26 investors at a minimum of $250,000. $147,000,000\112,846BTC = $1,302 per BTC. A price that is quite a bit higher than even the all time high, but they might not have dumped 100% of that capital into purchasing the coins. If they had done a mere $100 million the price would have been $886 per BTC, which is still a very generous figure. I have an inkling that could be a sentiment of things-to-come. It's possible the actual price was maybe even lower, but still you can't ignore these signs. Use this information as you may, but I believe that there is a good probability that these events are related. We could be seeing a major market movement in the next few days depending on how these things play out with the official announcement of the fund. Remember, this is coming from an investment firm that has almost 60 BILLION in assets.
http://www.zerohedge.com/news/2013-12-31/fortess-investment-forming-bitcoin-fund http://finance.fortune.cnn.com/2013/12/31/fortress-is-forming-a-bitcoin-fund/
If anyone has any other information I'd love to hear it. I'll try to keep this post updated as the night goes on and more information comes out.
EDIT #1: Coindesk just published an article http://www.coindesk.com/fortress-investment-group-launch-bitcoin-fund/
Fortress, which trades on the New York Stock Exchange (NYSE), is reportedly planning to announce the fund at the Bitcoin New Years Eve Bash being held tonight at 40 Broad Street in New York City.
That location is next to the NYSE. In fact, it houses something called the NYC Bitcoin Center, an effort that has been launched to educate investors about BTC.
EDIT #2: My math was off, it's actually 112,846.00 BTC. I just fixed the numbers accordingly along with some other edits for clarification.
submitted by lowstrife to Bitcoin [link] [comments]

Does anyone know of a source for the full historic Bitcoin Days Destroyed data via API? I see OXT has a chart wil… https://t.co/8VhlvZvoJw - Crypto Dynamic Info - Whales's

Posted at: February 22, 2019 at 10:40AM
By:
Does anyone know of a source for the full historic Bitcoin Days Destroyed data via API? I see OXT has a chart wil… https://t.co/8VhlvZvoJw
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submitted by cryptotradingbot to cryptobots [link] [comments]

Bitcoin days destroyed vs. price chart. It shows that whenever price sharply rises, more people than usual get their bitcoins out of cold storage in order to sell them 📈

Bitcoin days destroyed vs. price chart. It shows that whenever price sharply rises, more people than usual get their bitcoins out of cold storage in order to sell them 📈 submitted by Har01d to btc [link] [comments]

New peak on Bitcoin Days Destroyed

https://blockchain.info/charts/bitcoin-days-destroyed
Last time this happened, there was speculation about bitstamp moving his cold wallet. Today this may be related to MtGox moving his cold wallet to his hot wallet to solve the insolvency problem with their bitcoin withdraws (or at least that's my best guess).
On the other hand, last time this happened, there was also speculation about a incoming price crash due to the owner of the bitcoins selling them on the market, so i guess this HIGHLY SPECULATIVE post may be useful here.
submitted by T62A to BitcoinMarkets [link] [comments]

143 million bitcoin days destroyed

http://www.reddit.com/Bitcoin/comments/1zshct/4ee89f7cf824a85ad5f11d52604ffdebe9f01302bcea8ddec0/
submitted by Bigbrass to BitcoinMarkets [link] [comments]

Reminder - Bitcoin days destroyed

submitted by uncertain_incel to Bitcoin [link] [comments]

Food for thought - Bitcoin days destroyed transplanted into IOTA?

When Timestamps are introduced to IOTA, do you think the Tangle explorers will take IOTA-Days-Destroyed into the economics of the Tangle too?
I mean, when economists of the Bitcoin space work out how long Bitcoin is held, how many a Bitcoin a person has they always refer to Bitcoin-days-destroyed as a economic element.
WIll this happen?
submitted by identiifiication to Iota [link] [comments]

Chart of Bitcoin Days Destroyed

Blockchain.info removed their Bitcoin Days Destroyed chart, anyone know why?
Where else can it be found?
submitted by finalhedge to Bitcoin [link] [comments]

MtGox Bitcoins to BTC Bitcoins in 50 seconds 30 Days of Bitcoin - YouTube $1 A Day Into Bitcoin, Ethereum, XRP - How Much Money Would You Have? Bitcoin Must Be Destroyed CAN BITCOIN STILL BE DESTROYED

The ‘Destroyed’ part now comes into effect, now that we’re familiar with how Bitcoin days are determined. A Bitcoin Day is considered ‘destroyed’ when a quantity of Bitcoin has been moved. In the paper, Hauge uses the example; “…if I purchased 1 Bitcoin and held it for 7 days, when I move that Bitcoin from my wallet the Bitcoin ... Bitcoin SV. Coindays destroyed. Dogecoin. Coindays destroyed. Dash. Coindays destroyed. Litecoin. Coindays destroyed. Groestlcoin. Coindays destroyed. Zcash. Coindays destroyed. Sponsored · Turn off ads. Farm DeFi 🌾 Farm DeFi 🌾 Sponsored. Crypto.com DeFi Swap - Best place to Swap & Farm DeFi Tokens. Swap and farm top coins, including UNI, YFI, ETH, CRO, DAI, and many more. Boost your ... Bitcoin days destroyed the number of bitcoins multiplied by the number of days since the coins moved/spent last from an address. For example, if I have 7 bitcoins that I have held for 10 days already and I am moving them now, it means 70 BDD (7 BTC * 10 days = 7 BDD). So I have destroyed 70 bitcoin days. However, it doesn’t literally means that bitcoins are destroyed. It is instead a metrics ... Bitcoin Days Destroyed = 10 BTC x 1 day = 10. The longer that the bitcoins have not been spent, the higher the Bitcoin Days Destroyed will be when it gets spend. The idea of this metric is that by looking at the Bitcoin Days Destroyed, you would be able to weed out transactions where fresh set of bitcoins are merely bouncing around different wallets. Source: Blockchain.info. You would find the ... Bitcoin days destroyed for any given transaction is calculated by taking the number of Bitcoins in a transaction and multiplying it by the number of days it has been since those coins were last spent. Example. If someone has 100BTC that they received a week ago and they spend it then 700 bitcoin days have been destroyed. If they take those 100BTC and send them to several addresses and then ...

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MtGox Bitcoins to BTC Bitcoins in 50 seconds

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