Topic: What is your bitcoin holding score ? (Read 1599 times)
This is stupid. That's why bitconi should introduce CT or stealth address to hide ppl's transactions and bitcoin status for different address.
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.
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.
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.
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.
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.
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.
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.
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.
Try one of my address from electrum & it said "No hodl score", looks like my address is still to young.
Maybe address which mined genesis block has biggest number, it's 19,806.54737929
But, what's point of knowing our Bitcoin Days Destroys or Bitcoin Hold Score?
More info : https://en.bitcoin.it/wiki/Bitcoin_Days_Destroyed
Maybe address which mined genesis block has biggest number, it's 19,806.54737929
But, what's point of knowing our Bitcoin Days Destroys or Bitcoin Hold Score?
More info : https://en.bitcoin.it/wiki/Bitcoin_Days_Destroyed
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.
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
I got no score at all. Does that make me a bad person?
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.
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.
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 don't know how the "machine" count it, but mine is 0.01601042
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.
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???
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'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...
what's the point of this?
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.
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: 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).
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: 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).
What does it suppose to tell us?what do bitcoin holding score means?
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.
Jump to: