16 Jul '13, 1pm

Bitcoin Accumulation Sighted - Gold Seek #bitcoin

Bitcoin Accumulation Sighted - Gold Seek #bitcoin

Bitcoin Days Destroyed is a measure of the transaction volume of Bitcoin. If someone has 100 BTC 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 spend them then although the total transaction volume could be arbitrarily large the number of bitcoin days destroyed is still 700.

Full article: http://news.goldseek.com/GoldSeek/1373983200.php

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