Hey guys. I bought my first BTC on valentines day and I've been on a rollercoaster of a ride ever since. With what has happened in the market these past few days I'm glad we have this community where (for the most part) everyone is at worst civil and at best friendly and helpful.

I've read the BDD is supposed to be similar to the measurement of velocity for a currency, but that it also accounts for how long the bitcoins have been hoarded. I was wondering whether a rising BBD value is more indicative of spending or hoarding, or is it indistinguishably a mix of both?
 

Hey guys,

Just posting because of my newbie status, but I've been a lurker on this forum for a while now. I've read the BTC whitepaper, I follow the exchanges, I read the technical board (when I'm feeling ambitious.) and am fairly confident I know enough to speak on this forum.

$64.80 to 1BTC at the time of this writing!