Bitcoin Forum

http://bitcoin.holdings

What does this even work out? mybe explaining abit about it might help you get some reply

Looks like it measures your number of coins combined with days destroyed - ie how long they've been sitting still while you held.

OP why don't you tell us about the link you posted?  I saw this earlier but was afraid to click on the link.   It's a lazily posted thread here.

I just tried this and it seems to do nothing.  it tells me that I have no score.  What is the Bitcoin holding score and how does it effect me?  Please give us some more information so we can better understand what is going on here.

Why would they consider days "in the bank" as days destroyed?

For the rest of us, how much BTC do you have in that wallet? If you had zero or dust that might be the reason why your score is zero...

No idea. And I don't really know why it's a metric but it is one. The longer the coins have sat idle, the higher the days destroyed number is when they move. It is an odd little bit of terminology.

What does it suppose to tell us?what do bitcoin holding score means?

For a single address with a single output, the score is the product of the number of bitcoins and the number of days since the output was created.  Where there are multiple outputs, these scores are summed.

One's score increases with the number of bitcoins held as well as with the number of confirmations on these held bitcoins.

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Example (at the time of this post):

Address: 1PHudb4xcvhwrVhPnWatrs7mnyzXyj2GEU (http://blockr.io/address/info/1PHudb4xcvhwrVhPnWatrs7mnyzXyj2GEU)
Outputs: 1
Value: 0.71020249 bitcoin
Age: 15 days, 13 hours, 40 minutes = 15.569444... days
Score: 0.71020249 bitcoin * 15.569444... days = 11.05745821 bitcoin days (8.d.p).

To be precise, "days" are not being destroyed, "bitcoin days" are.  As a non-trivial output ages it accrues bitcoin days.  Those bitcoin days are destroyed when the output is spent.

what's the point of this?

to seem perhaps how many are holding their coins for a very long time, but it is known already that only few coins are really available on the market, so nothing new here...

Lol, I tried there and it shows "No hodl score"...
Freaking time wasting and nothing...
What's the point of doing this when we are only going to see the same thing again and again even with different addresses???

What does it mean this score? I put one of my most used bitcoin address and the results are "no score". Then put another one which I don't use since three years and the results was a score about 0.03 and some figures after. I cannot understand what is this. What meaning has and for what serve. It would be that that OP give some explanations. Or was given such tool only to create a thread. As make most of the OP which place a link and any comment or their thought about the why of the bring of the link and the aim of the thread.

I don't know how the "machine" count it, but mine is 0.01601042

Bitcoin holding score is based on Bitcoin days destroyed, which is 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 spend them then although the total transaction volume could be arbitrarily large the number of bitcoindays destroyed is still 700.

I just wonder the use of holding score! Can anyone explain for me? I have been staying here for long, and never heard about this term.

I got no score at all. Does that make me a bad person?

My thought exactly

after checking you article it is 4 yrs old article which OP had find out and implementing today, but as per i think what is the use of bitcoin holding score. because some are telling even having account for 2 or 3 years they get zero and holding for 1month gives high. it is just the statiscs purpose. not much.

It would be good if you could include a score rating system for people to have same reference system. I will sandbox this or test it at work to see if it's clean. I do not trust any

site with strange scripts these days. It might collect information on big hoarders and make you a target for hacking purposes.

If anyone are willing to test it, please share your findings with us.  ;)

I dont really trust pages like this too much, for all we know its collecting data on your ip address and matching that with your public address to make profiles on everyone.

Just enter random bitcoin addresses from your IP and this would screw up their data collection.  ;D

Yeah i know the data could be kind of wrong depending who your looking up, i would only use it for checking satoshis addresses etc but from the sounds of it its not really worth doing since it seems to be hard to understand the numbering system.

Heard of something called Tor?

This is stupid. That's why bitconi should introduce CT or stealth address to hide ppl's transactions and bitcoin status for different address.