Quote from: liquidiser on January 17, 2016, 10:07:03 PM

Quote from: smaxz on January 17, 2016, 09:30:56 PM

i dont like blockchain.info's depiction of these bitcoin days destroyed..

sure its nice that moving all these coins is possible.. it proves that the system is functioning.

the question to ask is, to what end does this posturing reflect.

It tells us when a lot of old coins that haven't moved in years start moving. Often big timers store their bitcoins in an extra secure address called cold storage, then leave them there for years. When they decide to sell them they have to send them to an exchange, and that coin movement makes a big spike in the bitcoin days destroyed chart.

yes, i know.. thanks