{"id":1849,"date":"2020-03-16T09:48:13","date_gmt":"2020-03-16T16:48:13","guid":{"rendered":"https:\/\/www.opennode.com\/blog\/?page_id=1849"},"modified":"2020-03-16T09:48:14","modified_gmt":"2020-03-16T16:48:14","slug":"bitcoin-days-destroyed","status":"publish","type":"page","link":"https:\/\/blog.opennode.com\/blog\/glossary\/bitcoin-days-destroyed\/","title":{"rendered":"Bitcoin Days Destroyed"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>\n<h1 class=\"wp-block-heading\">Bitcoin Days Destroyed<\/h1>\n\n\n\n<p>Bitcoin Days Destroyed measures transaction volume on the <a href=\"https:\/\/www.opennode.com\/blog\/glossary\/bitcoin\">Bitcoin<\/a> <a href=\"https:\/\/www.opennode.com\/blog\/glossary\/blockchain\/\">blockchain<\/a> in terms of how long a quantity of Bitcoin has been held by a certain <a href=\"https:\/\/www.opennode.com\/blog\/glossary\/utxo\/\">UTXO<\/a>\/user without being moved. The equation is as follows:<\/p>\n\n\n\n<p><strong>BDD = Bitcoin quantity * days since coins were moved.<\/strong><\/p>\n\n\n\n<p>For example. If you spend 1BTC that you earned 7 days ago, there would be 7 Bitcoin days destroyed. But if you spent 1BTC that you earned 700 days ago, that would be 700 Bitcoin days destroyed.<\/p>\n\n\n\n<p>The metric is useful in determining how long people hold their Bitcoin.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Links:<\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li><em>This New Bitcoin \u2018Days Destroyed\u2019 Metric Paints a Bright Picture for Price <\/em>&#8211; <a href=\"https:\/\/bitcoinist.com\/bitcoin-days-destroyed-btc-price-bright\/\">Bitcoinist.com<\/a><\/li><li><em>What are \u2018Bitcoin Days Destroyed?\u2019<\/em> &#8211; <a href=\"https:\/\/bitcoin.stackexchange.com\/questions\/845\/what-are-bitcoin-days-destroyed\">StackExchange<\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>Bitcoin Days Destroyed Bitcoin Days Destroyed measures transaction volume on the Bitcoin blockchain in terms of how long a quantity of Bitcoin has been held by a certain UTXO\/user without being moved. The equation is as follows: BDD = Bitcoin quantity * days since coins were moved. For example. If you spend 1BTC that you  &#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":172,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-notitle.php","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1849","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin Days Destroyed - OpenNode Blog<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Days Destroyed - OpenNode Blog\" \/>\n<meta property=\"og:description\" content=\"Reading Time:  &lt; 1 minuteBitcoin Days Destroyed Bitcoin Days Destroyed measures transaction volume on the Bitcoin blockchain in terms of how long a quantity of Bitcoin has been held by a certain UTXO\/user without being moved. The equation is as follows: BDD = Bitcoin quantity * days since coins were moved. For example. 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The equation is as follows: BDD = Bitcoin quantity * days since coins were moved. For example. 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