Bitcoin adoption (bitcoin days destroyed)

[alexeft]

Here are some graphs I made from raw data the blockchain.info shares. All graphs include averaged values with the last 200 before them, so that huge peaks don't destroy the whole image.

1) All data





2) Filtered by min age 1 week






3) Filtered by min age 1 month






4) Filtered by min age 1 year






I'd say it's going up!!! What say you?

Edit:The 1 year chart was misplaced and fixed, sorry!

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[bitcoinsrus]

Not to sound like a noob, but what is this whole bitcoin days destroyed. I have seen the chart and I don't understand what it all means. Thanks

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edit: thanks gentlemaid (as you can see, I am too lazy to do my own research  )

[gentlemand]

The longer a bitcoin has stayed put in the same place, the higher the days destroyed number it will be given when it does move. So if a fresh coin was being traded and moved all over the place in rapid succession it would have a very low number.

If one of the very earliest coins hadn't moved for years and suddenly did it would have a much higher number, and en masse an enormous number. People seem to treat it as a reason to panic thinking it's an early adopter considering dumping trillions of coins. I'm not sure there's ever bee a proven case of that though. Everyone loves a good panic.  

[alexeft]

Not to sound like a noob, but what is this whole bitcoin days destroyed. I have seen the chart and I don't understand what it all means. Thanks

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edit: thanks gentlemaid (as you can see, I am too lazy to do my own research  )

Here's a good explanation http://bitcoin.stackexchange.com/questions/845/what-are-bitcoin-days-destroyed