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calkob
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December 24, 2015, 08:05:59 PM |
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What does this even work out? mybe explaining abit about it might help you get some reply
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3015
Welt Am Draht
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December 24, 2015, 08:08:02 PM |
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Looks like it measures your number of coins combined with days destroyed - ie how long they've been sitting still while you held.
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The Sceptical Chymist
Legendary
Offline
Activity: 3528
Merit: 6990
Top Crypto Casino
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December 24, 2015, 08:49:27 PM |
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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.
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knightkon
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December 25, 2015, 01:25:22 AM |
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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.
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HabBear
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December 25, 2015, 04:24:13 AM |
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Looks like it measures your number of coins combined with days destroyed - ie how long they've been sitting still while you held.
Why would they consider days "in the bank" as days destroyed?
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HabBear
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December 25, 2015, 04:24:54 AM |
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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.
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...
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3015
Welt Am Draht
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December 25, 2015, 08:17:56 PM |
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Why would they consider days "in the bank" as days destroyed?
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.
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Wapinter
Legendary
Offline
Activity: 2716
Merit: 1026
Hire me for Bounty Management
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December 25, 2015, 09:31:32 PM |
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What does it suppose to tell us?what do bitcoin holding score means?
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teukon
Legendary
Offline
Activity: 1246
Merit: 1011
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December 25, 2015, 09:55:38 PM Last edit: December 25, 2015, 10:07:31 PM by teukon |
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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.
Example (at the time of this post): Address: 1PHudb4xcvhwrVhPnWatrs7mnyzXyj2GEUOutputs: 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).
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teukon
Legendary
Offline
Activity: 1246
Merit: 1011
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December 25, 2015, 10:21:26 PM |
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Looks like it measures your number of coins combined with days destroyed - ie how long they've been sitting still while you held.
Why would they consider days "in the bank" as days destroyed? 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.
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kyrios_
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December 26, 2015, 08:58:29 AM |
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what's the point of this?
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Amph
Legendary
Offline
Activity: 3248
Merit: 1070
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December 26, 2015, 11:55:38 AM |
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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...
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gkv9
Legendary
Offline
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
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December 26, 2015, 12:13:17 PM |
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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???
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n2004al
Legendary
Offline
Activity: 1134
Merit: 1000
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December 26, 2015, 03:12:01 PM |
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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.
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Jeremycoin
Legendary
Offline
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
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December 26, 2015, 05:32:08 PM |
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I don't know how the "machine" count it, but mine is 0.01601042
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faucet used to be profitable
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foxbitcoin
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December 28, 2015, 10:26:41 AM |
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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.
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nonbody
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December 28, 2015, 10:41:59 AM |
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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.
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European Central Bank
Legendary
Offline
Activity: 1288
Merit: 1087
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December 28, 2015, 12:55:23 PM |
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I got no score at all. Does that make me a bad person?
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kyrios_
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January 01, 2016, 09:07:43 AM |
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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.
My thought exactly
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